Various brokerages just lately commented on BIRD. Telsey Advisory Group reissued a “market carry out” score and issued a $1.50 value goal on shares of Allbirds in a report on Thursday. Wedbush restated a “impartial” score and set a $1.50 value goal on shares of Allbirds in a analysis word on Thursday.
Read Our Latest Report on BIRD
Allbirds Price Performance
Shares of NASDAQ BIRD opened at $1.28 on Friday. Allbirds has a 1-year low of $1.03 and a 1-year excessive of $4.28. The business has a 50-day shifting common of $1.38 and a 200-day shifting common of $1.41. The firm has a market capitalization of $194.47 million, a price-to-earnings ratio of -1.68 and a beta of 1.76.
Allbirds (NASDAQ:BIRD – Get Free Report) final issued its earnings outcomes on Tuesday, August eighth. The firm reported ($0.18) earnings per share for the quarter, topping the consensus estimate of ($0.22) by $0.04. Allbirds had a detrimental return on fairness of 35.10% and a detrimental internet margin of 40.55%. The firm had income of $70.48 million throughout the quarter, in comparison with the consensus estimate of $67.44 million. Research analysts count on that Allbirds will submit -0.8 EPS for the present fiscal 12 months.
Institutional Trading of Allbirds
Various institutional buyers and hedge funds have just lately made modifications to their positions in BIRD. Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in Allbirds by 118.0% throughout the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 23,945 shares of the corporate’s inventory valued at $58,000 after buying an extra 12,959 shares within the final quarter. Federated Hermes Inc. boosted its stake in shares of Allbirds by 50,106.1% throughout the 1st quarter. Federated Hermes Inc. now owns 180,742 shares of the corporate’s inventory value $217,000 after buying an extra 180,382 shares within the final quarter. Performa Ltd US LLC boosted its stake in shares of Allbirds by 91.2% throughout the 1st quarter. Performa Ltd US LLC now owns 32,500 shares of the corporate’s inventory value $39,000 after buying an extra 15,500 shares within the final quarter. Cheyne Capital Management UK LLP purchased a brand new stake in shares of Allbirds throughout the 4th quarter value $242,000. Finally, Fund 1 Investments LLC purchased a brand new stake in shares of Allbirds throughout the 4th quarter value $73,000. 22.88% of the inventory is at present owned by institutional buyers and hedge funds.
Allbirds Company Profile
(Get Free Report
Allbirds, Inc manufactures and sells footwear and attire merchandise for women and men within the United States and internationally. The firm presents a spread of life-style and efficiency sneakers; and attire, together with basic tees and sweats, socks, and underwear. It sells its merchandise by its retail shops, in addition to on-line.
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