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After finishing at $96.08 in the prior trading day, Starbucks Corp (NASDAQ: SBUX) closed at $96.12, up 0.04%. In other words, the price has increased by $0.04 from its previous closing price. On the day, 6.07 million shares were traded. SBUX stock price reached its highest trading level at $96.69 during the session, while it also had its lowest trading level at $95.76.
Ratios:
Our goal is to gain a better understanding of SBUX by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 30.74 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 23.61. For the most recent quarter (mrq), Quick Ratio is recorded 0.56 and its Current Ratio is at 0.75.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Morgan Stanley on October 17, 2024, Reiterated its Overweight rating but revised its target price to $115 from $98 previously.
On October 17, 2024, BTIG Research reiterated its Buy rating and also lowered its target price recommendation from $100 to $115.
Bernstein Upgraded its Mkt Perform to Outperform on September 26, 2024, whereas the target price for the stock was revised from $92 to $115.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Sep 06 ’24 when KNUDSTORP JORGEN VIG bought 380 shares for $91.50 per share. The transaction valued at 34,770 led to the insider holds 36,242 shares of the business.
Narasimhan Laxman bought 39,678 shares of SBUX for $3,882,152 on Aug 27 ’24. On Aug 15 ’24, another insider, Conway Michael Aaron, who serves as the ceo, North America of the company, sold 3,250 shares for $94.03 each. As a result, the insider received 305,598 and left with 75,054 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SBUX now has a Market Capitalization of 108952027136 and an Enterprise Value of 131230556160. As of this moment, Starbucks’s Price-to-Earnings (P/E) ratio for their current fiscal year is 29.07, and their Forward P/E ratio for the next fiscal year is 25.34. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.16. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.01. Its current Enterprise Value per Revenue stands at 3.628 whereas that against EBITDA is 19.587.
Stock Price History:
Over the past 52 weeks, SBUX has reached a high of $107.66, while it has fallen to a 52-week low of $71.55. The 50-Day Moving Average of the stock is 0.10%, while the 200-Day Moving Average is calculated to be 9.79%.
Shares Statistics:
The stock has traded on average 12.14M shares per day over the past 3-months and 8711440 shares per day over the last 10 days, according to various share statistics. A total of 1.13B shares are outstanding, with a floating share count of 1.11B. Insiders hold about 2.07% of the company’s shares, while institutions hold 74.39% stake in the company. Shares short for SBUX as of 1728950400 were 28291085 with a Short Ratio of 2.33, compared to 1726185600 on 28721387. Therefore, it implies a Short% of Shares Outstanding of 28291085 and a Short% of Float of 2.5.
Dividends & Splits
In the trailing 12 months, SBUX’s forward annual dividend rate was 2.32, compared to 2.28 this year. Against a Trailing Annual Dividend Yield of 0.024146544The stock’s 5-year Average Dividend Yield is 2.05.
