Starbucks Corporation [NASDAQ: SBUX] loss -1.25% on the last trading session, reaching $83.89 price per share at the time.
Starbucks Corporation represents 1.17 billion in outstanding shares, while the company has a total market value of $100.15 billion with the latest information. SBUX stock price has been found in the range of $81.75 to $83.95.
If compared to the average trading volume of 8.45M shares, SBUX reached a trading volume of 7172959 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about Starbucks Corporation [SBUX]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for SBUX shares is $83.13 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on SBUX stock is a recommendation set at 2.40. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
JP Morgan have made an estimate for Starbucks Corporation shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on September 21, 2020. The new note on the price target was released on August 25, 2020, representing the official price target for Starbucks Corporation stock. Previously, the target price had yet another raise to $92, while Wells Fargo analysts kept a Overweight rating on SBUX stock. On June 24, 2020, analysts increased their price target for SBUX shares from 73 to 78.
The Average True Range (ATR) for Starbucks Corporation is set at 2.07, with the Price to Sales ratio for SBUX stock in the period of the last 12 months amounting to 4.16.
Trading performance analysis for SBUX stock
Starbucks Corporation [SBUX] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -3.16. With this latest performance, SBUX shares gained by 8.64% in over the last four-week period, additionally plugging by 48.35% over the last 6 months – not to mention a drop of -6.86% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for SBUX stock in for the last two-week period is set at 51.16, with the RSI for the last a single of trading hit 44.24, and the three-weeks RSI is set at 53.83 for Starbucks Corporation [SBUX]. The present Moving Average for the last 50 days of trading for this stock 79.89, while it was recorded at 86.34 for the last single week of trading, and 79.20 for the last 200 days.
Starbucks Corporation [SBUX]: A deeper dive into fundamental analysis
Operating Margin for any stock indicates how profitable investing would be, and Starbucks Corporation [SBUX] shares currently have an operating margin of +14.73 and a Gross Margin at +21.62. Starbucks Corporation’s Net Margin is presently recorded at +13.58.
Return on Total Capital for SBUX is now 49.81, given the latest momentum, and Return on Invested Capital for the company is 47.02. Additionally, SBUX Total Debt to Total Capital is recorded at 224.58, with Total Debt to Total Assets ending up at 58.46.
Reflecting on the efficiency of the workforce at the company, Starbucks Corporation [SBUX] managed to generate an average of $10,402 per employee. Receivables Turnover for the company is 19.86 with a Total Asset Turnover recorded at a value of 1.22.Starbucks Corporation’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.70 and a Current Ratio set at 0.90.
Starbucks Corporation [SBUX]: An earnings per share (EPS) analysis
With the latest financial reports released by the company, Starbucks Corporation posted 0.7/share EPS, while the average EPS was predicted by analysts to be reported at 0.7/share. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for SBUX. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Starbucks Corporation go to 2.71%.
An analysis of insider ownership at Starbucks Corporation [SBUX]
There are presently around $68,668 million, or 71.00% of SBUX stock, in the hands of institutional investors. The top three institutional holders of SBUX stocks are: VANGUARD GROUP INC with ownership of 91,002,442, which is approximately 0.546% of the company’s market cap and around 0.10% of the total institutional ownership; BLACKROCK INC., holding 84,535,182 shares of the stock with an approximate value of $7.09 billion in SBUX stocks shares; and STATE STREET CORP, currently with $4.26 billion in SBUX stock with ownership of nearly -1.297% of the company’s market capitalization.
Positions in Starbucks Corporation stocks held by institutional investors increased at the end of July and at the time of the July reporting period, where 1,077 institutional holders increased their position in Starbucks Corporation [NASDAQ:SBUX] by around 68,868,080 shares. Additionally, 816 investors decreased positions by around 69,020,367 shares, while 170 investors held positions by with 680,655,983 shares. The mentioned changes placed institutional holdings at 818,544,430 shares, according to the latest SEC report filing. SBUX stock had 192 new institutional investments in for a total of 14,899,267 shares, while 127 institutional investors sold positions of 14,820,037 shares during the same period.