Birkenstock Holding plc BIRK will release its fourth-quarter financial results, before the opening bell, on Wednesday, Dec. 18.
Analysts expect the UK-based retailer to report quarterly earnings at 26 cents per share, up from 13 cents per share in the year-ago period. Birkenstock projects quarterly revenue of $439.29 million, compared to $374.54 million a year earlier, according to data from Benzinga Pro.
On Aug. 29, Birkenstock posted worse-than-expected third-quarter financial results.
Birkenstock shares gained 0.6% to close at $56.06 on Tuesday.
Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.
Let's have a look at how Benzinga's most-accurate analysts have rated the company in the recent period.
- Telsey Advisory Group analyst Dana Telsey maintained an Outperform rating with a price target of $70 on Dec. 13. This analyst has an accuracy rate of 61%.
- UBS analyst Jay Sole maintained a Buy rating and cut the price target from $85 to $83 on Dec. 10. This analyst has an accuracy rate of 74%.
- BTIG analyst Janine Stichter initiated coverage on the stock with a Buy rating and a price target of $60 on Oct. 10. This analyst has an accuracy rate of 73%.
- BMO Capital analyst Simeon Siegel maintained an Outperform rating with a price target of $60 on Aug. 30. This analyst has an accuracy rate of 79%.
- Evercore ISI Group analyst Michael Binetti maintained an Outperform rating and cut the price target from $77 to $70 on Aug. 30. This analyst has an accuracy rate of 65%.
Considering buying BIRK stock? Here’s what analysts think:
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