Can Birkenstock Holding Plc’s (BIRK) drop of -2.30% in a week be considered a lucky break?

On Tuesday, Birkenstock Holding Plc (NYSE: BIRK) was -2.25% drop from the session before settling in for the closing price of $56.48. A 52-week range for BIRK has been $41.00 – $64.78.

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Annual sales at Consumer Cyclical sector company grew by 19.41% over the past five years. When this article was written, the company’s average yearly earnings per share was at 34.08%. With a float of $39.99 million, this company’s outstanding shares have now reached $187.83 million.

Let’s look at the performance matrix of the company that is accounted for 7400 employees. In terms of profitability, gross margin is 57.69%, operating margin of 23.65%, and the pretax margin is 16.29%.

Birkenstock Holding Plc (BIRK) Insider and Institutional Ownership

Also, it is sometimes useful to examine the sentiment of large-scale investors toward Birkenstock Holding Plc stocks. The insider ownership of Birkenstock Holding Plc is 78.71%, while institutional ownership is 26.24%. The most recent insider transaction that took place on Sep 13 ’24, was worth 1,392,900. Before that another transaction happened on Sep 12 ’24, when Company’s Officer proposed sale 35,000 for $44.79, making the entire transaction worth $1,567,650.

Birkenstock Holding Plc (BIRK) Latest Financial update

Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.54 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 34.08% per share during the next fiscal year.

Birkenstock Holding Plc (NYSE: BIRK) Trading Performance Indicators

You can see what Birkenstock Holding Plc (BIRK) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 1.20. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 5.30. Likewise, its price to free cash flow for the trailing twelve months is 33.37.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.11, a number that is poised to hit 0.16 in the next quarter and is forecasted to reach 2.26 in one year’s time.

Technical Analysis of Birkenstock Holding Plc (BIRK)

Birkenstock Holding Plc (NYSE: BIRK) saw its 5-day average volume 1.18 million, a negative change from its year-to-date volume of 1.4 million. As of the previous 9 days, the stock’s Stochastic %D was 6.75%. Additionally, its Average True Range was 2.01.

During the past 100 days, Birkenstock Holding Plc’s (BIRK) raw stochastic average was set at 59.84%, which indicates a significant increase from 0.67% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 43.91% in the past 14 days, which was higher than the 31.04% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $56.78, while its 200-day Moving Average is $53.14. Nevertheless, the first resistance level for the watch stands at $56.35 in the near term. At $57.50, the stock is likely to face the second major resistance level. The third major resistance level sits at $58.09. If the price goes on to break the first support level at $54.61, it is likely to go to the next support level at $54.02. The third support level lies at $52.87 if the price breaches the second support level.

Birkenstock Holding Plc (NYSE: BIRK) Key Stats

There are 187,829K outstanding shares of the company, which has a market capitalization of 10.37 billion. As of now, sales total 1,958 M while income totals 207,850 K. Its latest quarter income was 500,870 K while its last quarter net income were 57,380 K.