NYSE:BIRK

48.89
2.34 (4.57%) 1d
0
Investor Insights

This summary was created by AI, based on 1 opinions in the last 12 months.

The experts have mixed opinions on Birkenstock's upcoming IPO. While the brand has seen impressive revenue growth and increased gross margins, there are concerns about unit growth, declining net profits, and the influence of a private equity firm holding a majority of shares. The brand's collaborations with Christian Dior and promotion by current owners, including LVMH, are seen as positive factors. Overall, experts advise caution and recommend waiting after the IPO to consider investing.

Consensus
Caution
Valuation
Overvalued
WAIT
Birkenstock

Will IPO soon. Current owners including LVMH have been aggressively promoting the brand with collaborations with Christian Dior. From 2020-2022, BIRK's average selling price grew 16% annually and another 15% in the first nine months this year. Great revenue growth, but unit growth is up only 5% YOY in the 9 months ending last June. So, this will make raising prices harder. Asia, the Middle East and Africa make up only 10% of overall sales, and he doesn't know where this is headed. But LVMH is good at growing in China. Have increased gross margins from 55% in 2020 to 61% now. Overall, earnings have grown in 2020-22, but net profits declined in the first 9 months of 2023. A private equity firm will 80% of shares--warning. That said, he expects a strong debut because the brand is so famous. It could hit the low-$60s, but most IPO's are inflated, so you should wait after the IPO before considering it. The PE will likely be high vs. peers.

clothing
Showing 1 to 1 of 1 entries
  • «
  • 1
  • »

Birkenstock(BIRK-N) Rating

Ranking : 1 out of 5

Bullish - Buy Signals / Votes : 0

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 0

Stockchase rating for Birkenstock is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Birkenstock(BIRK-N) Frequently Asked Questions

What is Birkenstock stock symbol?

Birkenstock is a American stock, trading under the symbol BIRK-N on the New York Stock Exchange (BIRK). It is usually referred to as NYSE:BIRK or BIRK-N

Is Birkenstock a buy or a sell?

In the last year, there was no coverage of Birkenstock published on Stockchase.

Is Birkenstock a good investment or a top pick?

Birkenstock was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for Birkenstock.

Why is Birkenstock stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Birkenstock worth watching?

In the last year, there was no coverage of Birkenstock published on Stockchase.

What is Birkenstock stock price?

On 2024-02-29, Birkenstock (BIRK-N) stock closed at a price of $48.89.