Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
In the latest session, Starbucks Corp. (NASDAQ: SBUX) closed at $73.11 down -2.43% from its previous closing price of $74.93. In other words, the price has decreased by -$2.43 from its previous closing price. On the day, 22.08 million shares were traded. SBUX stock price reached its highest trading level at $75.51 during the session, while it also had its lowest trading level at $72.985.
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 26.49 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 20.96. For the most recent quarter (mrq), Quick Ratio is recorded 0.63 and its Current Ratio is at 0.86.
Deutsche Bank Downgraded its Buy to Hold on May 01, 2024, whereas the target price for the stock was revised from $108 to $89.
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 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 82811699200 and an Enterprise Value of 104901697536. As of this moment, Starbucks’s Price-to-Earnings (P/E) ratio for their current fiscal year is 20.13, and their Forward P/E ratio for the next fiscal year is 17.71. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.47. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.27. Its current Enterprise Value per Revenue stands at 2.872 whereas that against EBITDA is 14.741.
Stock Price History:
The Beta on a monthly basis for SBUX is 0.99, which has changed by -0.30083048 over the last 52 weeks, in comparison to a change of 0.22379243 over the same period for the S&P500. Over the past 52 weeks, SBUX has reached a high of $109.72, while it has fallen to a 52-week low of $72.67. The 50-Day Moving Average of the stock is -18.25%, while the 200-Day Moving Average is calculated to be -22.91%.
Shares Statistics:
For the past three months, SBUX has traded an average of 9.14M shares per day and 16144680 over the past ten days. 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 73.05% stake in the company. Shares short for SBUX as of 1713139200 were 17787463 with a Short Ratio of 1.95, 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
According to the company, the forward annual dividend rate for SBUX is 2.20, from 2.24 in the trailing year. Against a Trailing Annual Dividend Yield of 0.029894568The stock’s 5-year Average Dividend Yield is 1.95. The current Payout Ratio is 59.18% for SBUX, which recently paid a dividend on 2024-02-08 with an ex-dividend date of 1715817600. Stock splits for the company last occurred on 2015-04-09 when the company split stock in a 2:1 ratio.
Earnings Estimates
The dynamic stock of Starbucks Corp. (SBUX) is currently attracting attention from 25.0 analysts actively involved in rating its market status.On average, analysts expect EPS of $0.96 for the current quarter, with a high estimate of $1.14 and a low estimate of $0.9, while EPS last year was $1. The consensus estimate for the next quarter is $1.07, with high estimates of $1.24 and low estimates of $1.0.
Analysts are recommending an EPS of between $4.16 and $3.52 for the fiscal current year, implying an average EPS of $3.66. EPS for the following year is $4.18, with 33.0 analysts recommending between $4.85 and $3.81.
Revenue Estimates
For the next quarter, 22 analysts are estimating revenue of $9.66B. There is a high estimate of $10.16B for the next quarter, whereas the lowest estimate is $9.35B.
A total of 29 analysts have provided revenue estimates for SBUX’s current fiscal year. The highest revenue estimate was $39.57B, while the lowest revenue estimate was $35.59B, resulting in an average revenue estimate of $37.13B. In the same quarter a year ago, actual revenue was $35.98BBased on 29 analysts’ estimates, the company’s revenue will be $40.15B in the next fiscal year. The high estimate is $43.53B and the low estimate is $37.63B.
