Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
Starbucks Corp. (NASDAQ: SBUX) closed the day trading at $74.44 down -15.88% from the previous closing price of $88.49. In other words, the price has decreased by -$15.88 from its previous closing price. On the day, 66.33 million shares were traded. SBUX stock price reached its highest trading level at $76.99 during the session, while it also had its lowest trading level at $72.67.
Ratios:
For a better understanding of SBUX, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 24.91 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 19.21. For the most recent quarter (mrq), Quick Ratio is recorded 0.52 and its Current Ratio is at 0.70.
On May 01, 2024, Deutsche Bank Downgraded its rating to Hold which previously was Buy and also lowered its target price recommendation from $108 to $89.
Morgan Stanley reiterated its Overweight rating for the stock on April 12, 2024, while the target price for the stock was revised from $120 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 Apr 22 ’24 when KELLY SARA sold 250 shares for $88.00 per share. The transaction valued at 22,000 led to the insider holds 46,441 shares of the business.
Conway Michael Aaron sold 3,250 shares of SBUX for $277,518 on Apr 15 ’24. The ceo, North America now owns 81,199 shares after completing the transaction at $85.39 per share. On Mar 21 ’24, another insider, KELLY SARA, who serves as the evp, chief partner officer of the company, sold 250 shares for $92.63 each. As a result, the insider received 23,158 and left with 46,924 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 84318191616 and an Enterprise Value of 106375290880. As of this moment, Starbucks’s Price-to-Earnings (P/E) ratio for their current fiscal year is 19.91, and their Forward P/E ratio for the next fiscal year is 17.81. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.28. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.30. Its current Enterprise Value per Revenue stands at 2.912 whereas that against EBITDA is 14.948.
Stock Price History:
Over the past 52 weeks, SBUX has reached a high of $115.48, while it has fallen to a 52-week low of $84.29. The 50-Day Moving Average of the stock is -17.48%, while the 200-Day Moving Average is calculated to be -21.73%.
Shares Statistics:
Over the past 3-months, SBUX traded about 8.40M shares per day on average, while over the past 10 days, SBUX traded about 14887930 shares per day. A total of 1.14B shares are outstanding, with a floating share count of 1.10B. Insiders hold about 2.62% of the company’s shares, while institutions hold 73.03% stake in the company. Shares short for SBUX as of 1713139200 were 17787463 with a Short Ratio of 2.12, compared to 1710460800 on 15426813. Therefore, it implies a Short% of Shares Outstanding of 17787463 and a Short% of Float of 1.5700001000000001.
Dividends & Splits
SBUX’s forward annual dividend rate is 2.20, up from 2.16 a year ago. Against a Trailing Annual Dividend Yield of 0.02440954The stock’s 5-year Average Dividend Yield is 1.95.
Earnings Estimates
At present, 26.0 analysts are actively evaluating the performance of Starbucks Corp. (SBUX) in the stock market.On average, analysts expect EPS of $1.03 for the current quarter, with a high estimate of $1.08 and a low estimate of $0.98, while EPS last year was $1. The consensus estimate for the next quarter is $1.11, with high estimates of $1.17 and low estimates of $1.05.
Analysts are recommending an EPS of between $3.88 and $3.52 for the fiscal current year, implying an average EPS of $3.74. EPS for the following year is $4.34, with 33.0 analysts recommending between $4.81 and $4.01.
Revenue Estimates
For the next quarter, 23 analysts are estimating revenue of $9.44B. There is a high estimate of $9.6B for the next quarter, whereas the lowest estimate is $9.26B.
A total of 29 analysts have provided revenue estimates for SBUX’s current fiscal year. The highest revenue estimate was $36.93B, while the lowest revenue estimate was $35.34B, resulting in an average revenue estimate of $36.05B. In the same quarter a year ago, actual revenue was $35.98BBased on 29 analysts’ estimates, the company’s revenue will be $39.45B in the next fiscal year. The high estimate is $40.62B and the low estimate is $37.98B.
