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Starbucks Corp. (NASDAQ: SBUX) closed the day trading at $93.88 down -2.09% from the previous closing price of $95.88. In other words, the price has decreased by -$2.09 from its previous closing price. On the day, 5.46 million shares were traded. SBUX stock price reached its highest trading level at $95.48 during the session, while it also had its lowest trading level at $93.759.
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 31.37 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 27.80. For the most recent quarter (mrq), Quick Ratio is recorded 0.65 and its Current Ratio is at 0.89.
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 the company, Bernstein on September 26, 2024, Upgraded its rating to Outperform and sets its target price to $115 from $92 previously.
On September 24, 2024, Jefferies Downgraded its rating to Underperform which previously was Hold and also lowered its target price recommendation from $80 to $76.
BofA Securities reiterated its Buy rating for the stock on September 18, 2024, while the target price for the stock was revised from $112 to $118.
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 106384809984 and an Enterprise Value of 128328712192. As of this moment, Starbucks’s Price-to-Earnings (P/E) ratio for their current fiscal year is 26.31, and their Forward P/E ratio for the next fiscal year is 24.03. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.82. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.92. Its current Enterprise Value per Revenue stands at 3.518 whereas that against EBITDA is 18.121.
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 1.95%, while the 200-Day Moving Average is calculated to be 7.62%.
Shares Statistics:
Over the past 3-months, SBUX traded about 14.11M shares per day on average, while over the past 10 days, SBUX traded about 6152640 shares per day. A total of 1.14B shares are outstanding, with a floating share count of 1.11B. Insiders hold about 2.07% of the company’s shares, while institutions hold 75.78% stake in the company. Shares short for SBUX as of 1727654400 were 28406492 with a Short Ratio of 2.01, compared to 1724976000 on 31167242. Therefore, it implies a Short% of Shares Outstanding of 28406492 and a Short% of Float of 2.5100000000000002.
Dividends & Splits
SBUX’s forward annual dividend rate is 2.28, up from 2.28 a year ago. Against a Trailing Annual Dividend Yield of 0.023779726The stock’s 5-year Average Dividend Yield is 2.04.
