Exploring the Growth Potential of NYSE:BIRK as It Nears a Breakout.

For growth-minded investors, high revenue and EPS growth are key criteria. Today, we'll examine whether BIRKENSTOCK HOLDING PLC (NYSE:BIRK) fits the bill for growth investing, particularly as it forms a base and hints at a potential breakout. Remember, due diligence is essential, but BIRKENSTOCK HOLDING PLC has caught our attention on our screen for growth with base formation. It may warrant additional investigation.

Evaluating Growth: NYSE:BIRK

Every stock receives a Growth Rating from ChartMill, ranging from 0 to 10. This rating assesses various growth aspects, including historical and projected EPS and revenue growth. NYSE:BIRK boasts a 9 out of 10:

• BIRK shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 155.71%, which is quite impressive.
• BIRK shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 32.41% yearly.
• The Revenue has grown by 20.96% in the past year. This is a very strong growth!
• Measured over the past years, BIRK shows a very strong growth in Revenue. The Revenue has been growing by 23.33% on average per year.
• Based on estimates for the next years, BIRK will show a very strong growth in Earnings Per Share. The EPS will grow by 31.92% on average per year.
• Based on estimates for the next years, BIRK will show a quite strong growth in Revenue. The Revenue will grow by 17.11% on average per year.

Deciphering NYSE:BIRK's Health Rating

ChartMill employs a unique Health Rating system for all stocks. This rating, ranging from 0 to 10, is determined by analyzing various liquidity and solvency ratios. For NYSE:BIRK, the assigned 5 for health provides valuable insights:

• BIRK has an Altman-Z score of 3.58. This indicates that BIRK is financially healthy and has little risk of bankruptcy at the moment.
• The Altman-Z score of BIRK (3.58) is better than 71.43% of its industry peers.
• BIRK has a Current Ratio of 2.91. This indicates that BIRK is financially healthy and has no problem in meeting its short term obligations.
• BIRK's Current ratio of 2.91 is fine compared to the rest of the industry. BIRK outperforms 75.51% of its industry peers.
• Looking at the Quick ratio, with a value of 1.49, BIRK is in the better half of the industry, outperforming 67.35% of the companies in the same industry.

Profitability Assessment of NYSE:BIRK

ChartMill utilizes a Profitability Rating to assess stocks, scoring them on a scale of 0 to 10. This rating takes into account a variety of profitability ratios and margins, both in absolute terms and in comparison to industry peers. NYSE:BIRK has earned a 6 out of 10:

• BIRK has a better Profit Margin (6.43%) than 73.47% of its industry peers.
• BIRK's Profit Margin has improved in the last couple of years.
• BIRK has a better Operating Margin (20.83%) than 93.88% of its industry peers.
• BIRK's Operating Margin has improved in the last couple of years.
• BIRK's Gross Margin of 60.16% is fine compared to the rest of the industry. BIRK outperforms 79.59% of its industry peers.
• In the last couple of years the Gross Margin of BIRK has grown nicely.

Looking at the Setup

In addition to the Technical Rating, ChartMill provides a Setup Rating for each stock. This rating, ranging from 0 to 10, assesses the extent of consolidation in the stock based on multiple short-term technical indicators. Currently, NYSE:BIRK has a 8 as its setup rating:

BIRK has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 59.60, a Stop Loss order could be placed below this zone.

Every day, new Strong Growth stocks can be found on ChartMill in our Strong Growth screener.

For an up to date full fundamental analysis you can check the fundamental report of BIRK

Our latest full technical report of BIRK contains the most current technical analsysis.

Disclaimer

This is not investing advice! The article highlights some of the observations at the time of writing, but you should always make your own analysis and invest based on your own insights.