BIRK

Birkenstock Holding Plc

Consumer


Presented:01/16/2024
Price:$49.43
Cap:$9.28B
Current Price:$50.44
Cap:$9.47B

Presented

Date01/16/2024
Price$49.43
Market Cap$9.28B
Ent ValueN/A
P/E Ratio113.37x
Book Value$13.91
Div Yield0%
Shares O/S187.83M
Ave Daily Vol841,939
Short IntN/A

Current

Price$50.44
Market Cap$9.47B
Birkenstock Holding Plc engages in the manufacture and sale of footbed-based products. It operates under the following geographical segments: the Americas, Europe, and APMA segments. The company was founded in 1774 and is headquartered in London, the United Kingdom.

Publicly traded companies mentioned herein: Alphabet Inc (GOOG), Birkenstock (BIRK), Crocs Inc. (CROX), Skechers USA (SKX)

Highlights

The presenter has a long position in Birkenstock (BIRK) believing that earnings should come in better than the conservative forecast the company laid out on the day of the IPO. He acknowledged that the stock appears expensive due to conservative forecasting but believes that the company is managing expectations to avoid missing earnings on its first print as a public company. The presenter expressed confidence in the company's current trend and mentioned positive Google Trends for Birkenstock, placing it among the top five winning brands (Crocs, Hoka, On, Skechers). 

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Idea Discussion

Commentor 1 - 2 weeks ago

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