Birkenstock (BIRK) Stock Price

Financial Performance

Birkenstock's revenue of $361.7M last quarter represents a significant decrease both from the previous quarter (-20.6%) and year over year (-36%). This trend is also reflected in their gross profit ($218M), which is down by -18.9% from the previous quarter and -35.1% year over year, and their operating income profit ($64M), which decreased by -34.3% from the previous quarter and -58.8% year over year. The EBITDA ratio was at 0.25, indicating a relatively low profitability.

Stock Price

The stock price is currently trading at $52.59, up by 11% in the last month and by 15.6% YoY, suggesting an upward trend despite financial setbacks within the company itself. The RSI value of 61.69 indicates that it might be heading towards being overbought while its slightly above the 200-day moving average of $51.87 suggests bullishness.

Alternative Data Signals

In terms of alternative data signals, Birkenstock has seen an impressive increase in web traffic (up by 56.5% month over month) but a slight decrease YoY (-5.1%). Job openings have decreased both MoM (-10%) and YoY (-12%), potentially indicating a contraction or restructuring within the business operations.The positive outlook reported by employees stands at an encouragingly high rate (78%), showing potential internal confidence in future performance despite recent challenges.

Social media followership shows strong growth across all platforms with particularly notable increases on Instagram (67%) and TikTok (103%) in just three months time.This could indicate successful marketing efforts and increased brand awareness.

Conclusion

Despite the financial setbacks, Birkenstock's stock is showing bullish signs with an upward trend in stock price, strong web traffic growth, and positive employee outlook. However, the decrease in job openings and YoY revenue coupled with high PE ratio indicates potential challenges ahead. Thus, this analysis holds a neutral view on Birkenstock's future performance.

Note: This AI Stock Analysis is based on data as of May 10. Our members can refresh and get access to an up-to-date AI stock analysis.

Sign up

Based on a combination of financial analysis, technical indicators, and insights from alternative data, we predict that the stock price of Birkenstock (BIRK), currently trading at $53.28, will... Sign up to access price prediction.

Disclaimer:
This prediction is provided for informational purposes only and does not constitute financial advice. Market conditions are subject to change, and past performance is not indicative of future results. Please conduct your own research or consult a professional before making investment decisions.