Birkenstock (BIRK) Stock Price

Financial Performance

Birkenstock's revenue last quarter was reported at $361.7M, marking a decline of -20.6% from the previous quarter and -36% year over year. The gross profit stood at $218M, down by -18.9% from the prior quarter and down by -35.1% year over year. Their operating income profit was $64M, showing a decrease of -34.3% from the previous quarter and a significant drop of -58.8% YoY. The EBITDA ratio for the last quarter was recorded at 0.25.

Stock Price

The stock is currently priced at $49.14, indicating an increase of 5.7% in the past month but a decrease of -12.2% YoY.The stock's RSI value stands at 43.97 while its 200-day moving average is $51.49 suggesting that it has been underperforming in recent times.

Alternative Data Signals

The company's website traffic shows positive growth with an estimated monthly visitor count of 15464493, up by 13.3%. However, there are currently only around 200 job openings which signifies a decline in hiring activities by about -1%-2%. Employee outlook seems fairly stable but shows signs of decline compared to last year with approximately only 62% employees reporting positive business outlooks compared to higher figures previously seen.

In terms of social media presence, Birkenstock exhibits strong growth across all platforms including Twitter (up by 1%), Instagram (up by whopping approximated figure of more than70%) and Facebook (up by roughly around20%).

Conclusion

Despite some positive signals such as the recent growth in stock price, strong website traffic and social media presence, Birkenstock's financial performance has been weak with declining revenue and profit figures. The company also shows signs of potential stagnation in terms of employee outlook and hiring activities. Therefore, the AI stock analysis appears to be neutral for Birkenstock.

Note: This AI Stock Analysis is based on data as of August 02. 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 $50.51, 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.