Starbucks Corporation, together with its subsidiaries, operates as a roaster, marketer, and retailer of specialty coffee worldwide. The company operates through three segments: North America, International, and Channel Development.
Starbucks stock last closed at $95.02, up 1.67% from the previous day, and has decreased 9.31% in one year. It has underperformed other stocks in the Restaurants industry by 0.02 percentage points. Starbucks stock is currently +6.51% from its 52-week low of $89.21, and -17.72% from its 52-week high of $115.48.
At the moment, there are 1.13B SBUX shares outstanding. The market capitalization of SBUX is $107.58B. In the past 24 hours, 7.88M SBUX shares were traded.
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Once you have chosen the best place to buy Starbucks stock, it's critical to research their stock before you buy, so you can understand the risk as well as the opportunity.
WallStreetZen was created to help everyday investors do better fundamental analysis.
You can view all of the due diligence checks on SBUX's stock page.
You can use many financial metrics, analyses, models, and charts to gauge SBUX's fair value.
Using relative valuations metrics:
You can access additional valuation analysis on SBUX's stock here.
Out of 12 sell side analysts who give forecasts on SBUX, the consensus analyst rating on SBUX is a Buy
It's important to note that analyst forecasts are not stock recommendations, nor are they investment advice.
Jeffrey A. Bernstein, a top 6% analyst from Barclays maintains SBUX with a strong buy rating and lowers their SBUX price target from $116.00 to $112.00, on Jan 31, 2024.
Barclays's Jeffrey A. Bernstein lowered their price target on Starbucks (NASDAQ: SBUX) by 3.4% from $116 to $112 on 2024/01/31. The analyst maintained their Strong Buy rating on the stock.
Led by China, Starbucks's global comp in the quarter missed the consensus "modestly" resulting in an EPS miss, Bernstein said after reviewing the company's Q1 2024 earnings, reported on 2024/01/30.
Management commented that 2024/01 was "softer than planned," similar to the industry, the analyst told readers.
For Q1 2024, Starbucks reported:
For FY 2024, management guided:
CEO Laxman Narasimhan commented: “Our Q1 performance was strong on many measures.
"Of note was the unwavering commitment of our most loyal customers, the growth in rewards members, tender and spend per member.
“Despite headwinds, our brand is very strong, and that coupled with innovation and a relentless focus on our green apron partners form long-term differentiators, along with focused execution on Triple Shot Reinvention, will drive balanced and attractive earnings growth."
CFO Rachel Ruggeri added: “I am proud of the significant margin expansion and double-digit earnings growth we delivered in Q1, as it underscores our multiple paths to earnings growth.
“We are executing on several levers within those multiple paths to continue delivering against our balanced growth model over the remainder of the year.”
Brian Mullan, a top 6% analyst from Piper Sandler maintains SBUX with a hold rating and lowers their SBUX price target from $107.00 to $100.00, on Jan 19, 2024.
Brian Harbour, a bottom 5% analyst from Morgan Stanley upgrades SBUX to a strong buy rating and raises their SBUX price target from $112.00 to $120.00, on Jan 16, 2024.
Meredith Jensen, a top 27% analyst from HSBC initiates coverage on SBUX with a hold rating and announces their SBUX price target of $107.00, on Dec 20, 2023.
Lauren Silberman, a top 5% analyst from Deutsche Bank initiates coverage on SBUX with a strong buy rating and announces their SBUX price target of $118.00, on Oct 19, 2023.
You can dive deeper into what analysts are projecting on the Starbucks stock forecast page.
Last year, SBUX earnings were $4.29B. During the last five year, SBUX's earnings have increased by 10.52% per year. This was slower than the Restaurants industry average of 17.27%.
Last year, SBUX revenue was $36.69B. In the past five year, SBUX's revenue has increased by 7.73% per year. This was slower than the Restaurants industry average of 8.07%.
Dive into SBUX's earnings and revenue performance here.
In the past year, executives and large shareholders at SBUX have sold more shares than they have bought.
Michael Aaron Conway, group president International of SBUX, was the latest SBUX insider to sell. They sold $305,597.50 worth of SBUX stock on Feb 15, 2024.
Learn more about who owns SBUX shares here.
Starbucks pays a dividend of 2.32%, compared to the Restaurants industry's average dividend yield of 2.64%. If you owned $1,000 worth of SBUX stock, you would have been paid $23.15 in the past year.
Starbucks dividend payments have consistently grown over the past decade and have remained stable.
Find more data about Starbucks dividend yield and history here.
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