Previous close | 56.50 |
Open | 56.73 |
Bid | 55.00 x 800 |
Ask | 56.57 x 800 |
Day's range | 55.59 - 57.63 |
52-week range | 35.83 - 61.83 |
Volume | |
Avg. volume | 962,737 |
Market cap | 10.635B |
Beta (5Y monthly) | N/A |
PE ratio (TTM) | 99.33 |
EPS (TTM) | N/A |
Earnings date | N/A |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | N/A |
1y target est | N/A |
UBS says the company’s direct-to-consumer and international businesses will help the company increase its sales and improve its margins.
Shares of Birkenstock (BIRK) are rising after the company received an upgrade from UBS to Buy from Neutral, raising the footwear retailer's price target to $85 from $52. The firm cites the company's success in its current expansion strategy. Yahoo Finance Reporter Jared Blikre joins Catalysts to break down the company's recent performance. For more expert insight and the latest market action, click here to watch this full episode of Catalysts.
Birkenstock (BIRK) shares have been downgraded by Goldman Sachs to Neutral from Buy. Analysts at the firm explain the move by pointing to elevated valuations and fragmentation within the shoemaker's consumer base. For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Angel Smith