Daily Progress: Starbucks Corp (SBUX) Drop -1.27, Closing at 88.76

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In the latest session, Starbucks Corp (NASDAQ: SBUX) closed at $88.76 down -1.27% from its previous closing price of $89.90. In other words, the price has decreased by -$1.27 from its previous closing price. On the day, 14.6 million shares were traded. SBUX stock price reached its highest trading level at $91.58 during the session, while it also had its lowest trading level at $88.67.

Ratios:

For a deeper understanding of Starbucks Corp’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 28.40 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 30.33. For the most recent quarter (mrq), Quick Ratio is recorded 0.56 and its Current Ratio is at 0.75.

On November 13, 2024, Redburn Atlantic Downgraded its rating to Sell which previously was Neutral and also lowered its target price recommendation from $84 to $77.

Morgan Stanley reiterated its Overweight rating for the stock on October 17, 2024, while the target price for the stock was revised from $98 to $115.

Insider Transactions:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Nov 29 ’24 when KELLY SARA sold 19,102 shares for $101.37 per share. The transaction valued at 1,936,370 led to the insider holds 46,115 shares of the business.

KELLY SARA bought 19,102 shares of SBUX for $1,936,370 on Nov 29 ’24. On Nov 25 ’24, another insider, Conway Michael Aaron, who serves as the Officer of the company, bought 24,884 shares for $102.78 each.

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 100636082176 and an Enterprise Value of 122876657664. As of this moment, Starbucks’s Price-to-Earnings (P/E) ratio for their current fiscal year is 26.84, and their Forward P/E ratio for the next fiscal year is 23.81. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.36. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.78. Its current Enterprise Value per Revenue stands at 3.397 whereas that against EBITDA is 18.34.

Stock Price History:

Over the past 52 weeks, SBUX has reached a high of $103.32, while it has fallen to a 52-week low of $71.55. The 50-Day Moving Average of the stock is -9.17%, while the 200-Day Moving Average is calculated to be 0.62%.

Shares Statistics:

For the past three months, SBUX has traded an average of 7.69M shares per day and 8849570 over the past ten days. A total of 1.13B shares are outstanding, with a floating share count of 1.11B. Insiders hold about 2.12% of the company’s shares, while institutions hold 78.41% stake in the company. Shares short for SBUX as of 1732838400 were 31748292 with a Short Ratio of 4.13, compared to 1730332800 on 25169487. Therefore, it implies a Short% of Shares Outstanding of 31748292 and a Short% of Float of 2.7999999.

Dividends & Splits

According to the company, the forward annual dividend rate for SBUX is 2.32, from 2.32 in the trailing year. Against a Trailing Annual Dividend Yield of 0.025806451The stock’s 5-year Average Dividend Yield is 2.05.

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