Birkenstock (BIRK) Stock Price

Financial Performance

Birkenstock's financial performance has been underwhelming in the recent quarters. The company reported a revenue of $361.7M, which is down by -20.6% from the previous quarter and down by -36% YoY. Their gross profit was $218M, showing a decrease of -18.9% QoQ and -35.1% YoY. The operating income also showed a downtrend with $64M, marking a decline of -34.3% QoQ and -58.8% YoY.

The EBITDA ratio at 0.25 indicates that the company's profitability has been impacted significantly.

Stock Price

The stock price stands at $46.01 currently, having declined by -0.2% in the last month and down by -5.7% YoY which shows bearish trends for Birkenstock's stock price performance.

The RSI value currently stands at 46.86 indicating that the stock is neither overbought nor oversold while its 200-day moving average at $51.29 points towards an ongoing downtrend in price action.

Alternative Data Signals

Birkenstock's web traffic is estimated to be around 12784860 visitors per month, but it has decreased by -14.9%. This suggests a declining interest among consumers or potential investors alike.

The number of job openings have seen a slight decrease as well with current listings standing at 181, down by -2.7 MoM and down by-9.% YoY suggesting possible cost-cutting measures or slower growth prospects.

Social media followers across platforms such as Twitter (10,142 followers), Instagram (186,726 followers), TikTok (31,300 followers) and Facebook (2,232,138 followers) have seen an uptick which could indicate a growing digital presence but it doesn't seem to translate into financial performance.

Conclusion

Overall, based on the financial performance and stock price trends along with alternative data signals analysis, the outlook for Birkenstock's stock seems bearish. The company has been facing challenges in terms of revenue and profit generation while its stock price has been on a downtrend. Although there are some positive signs in social media growth, it is not enough to offset the negative financial indicators. Therefore, on a scale from 0 to 10 where 0 represents a very underperforming stock and 10 signifies an exceptionally performing stock Birkenstock's score stands at 4.

Note: This AI Stock Analysis is based on data as of October 04. Our members can refresh and get access to an up-to-date AI stock analysis.

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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 $44.15, will... Sign up to access price prediction.