Birkenstock (BIRK) Stock Price

Financial Performance

Birkenstock's last quarter report shows a significant decline in their financial performance. Revenue was reported at $361.7M, down by -20.6% from the previous quarter and down by -36% YoY. Gross profit also decreased to $218M, showing a drop of -18.9% QoQ and -35.1% YoY. The operating income was $64M, which is a decrease of -34.3% QoQ and a substantial decrease of -58.8% YoY.

The EBITDA ratio stands at 0.25 indicating moderate profitability while the PE ratio is at 24.57 suggesting that investors are willing to pay high for each dollar of earnings.

Stock Price

The company's stock price is currently trading at $47.66, with a downward trend over the past month (-4.3%) and year (-0.4%). The RSI value of 45 suggests that the stock is neither overbought nor oversold while the stock's 200-day moving average ($51) indicates a bearish trend.

Alternative Data Signals

Birkenstock's web traffic has seen a decrease of -14%, indicating lower online consumer interest or engagement recently compared to previous months.

The number of job openings has decreased by nearly -7% MoM and even more significantly YoY (-14%), potentially indicative of cost-saving measures or reduced growth expectations within the company.

Employee business outlook appears positive with an estimated 62%. However, this figure represents no change from last month but is down substantially YoY (-22%). This could suggest some internal concerns about future business prospects amongst employees.

On a positive note, Birkenstock's social media presence has seen considerable growth across all platforms over the last 90 days. This could suggest increased brand awareness and engagement with consumers.

Conclusion

In conclusion, based on the analysis of financial performance, stock price trends, alternative data signals and given the bearish trend in stock price coupled with declining revenue and profits, I would rate Birkenstock's stock as underperforming. However, their strong social media growth suggests potential for future improvement.

Note: This AI Stock Analysis is based on data as of September 20. 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 $44.91, will... Sign up to access price prediction.