Starbucks Corporation [SBUX] Is Currently 0.77 below its 200 Period Moving Avg: What Does This Mean?

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Starbucks Corporation [NASDAQ: SBUX] traded at a high on 07/18/22, posting a 0.77 gain after which it closed the day’ session at $80.23. The company report on June 29, 2022 that Starbucks Declares Quarterly Cash Dividend.


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Starbucks Corporation (NASDAQ: SBUX) today announced that its Board of Directors has approved a dividend of $0.49 per share of outstanding Common Stock. The dividend will be payable in cash on August 26, 2022 to shareholders of record on August 12, 2022.

The results of the trading session contributed to over 6676277 shares changing hands. Over the past one week, the price volatility of Starbucks Corporation stands at 2.50% while the volatility over the past one month is 2.57%.

The market cap for SBUX stock reached $90.38 billion, with 1.15 billion shares outstanding and 1.14 billion shares in the current float. Compared to the average trading volume of 9.94M shares, SBUX reached a trading volume of 6676277 in the most recent trading day, which is why market watchdogs consider the stock to be active.

What do top market gurus say 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 $93.93 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.

Deutsche Bank have made an estimate for Starbucks Corporation shares, keeping their opinion on the stock as Buy, with their previous recommendation back on July 14, 2022. The new note on the price target was released on May 04, 2022, representing the official price target for Starbucks Corporation stock. Previously, the target price had yet another drop from $120 to $91, while Citigroup kept a Neutral rating on SBUX stock. On April 05, 2022, analysts decreased their price target for SBUX shares from 105 to 91.

The Average True Range (ATR) for Starbucks Corporation is set at 2.16, with the Price to Sales ratio for SBUX stock in the period of the last 12 months amounting to 2.88. Price to Free Cash Flow for SBUX in the course of the last twelve months was 64.18 with Quick ratio for the last quarter at 0.60.

How has SBUX stock performed recently?

Starbucks Corporation [SBUX] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 2.99. With this latest performance, SBUX shares gained by 8.14% in over the last four-week period, additionally sinking by -21.65% over the last 6 months – not to mention a drop of -32.43% 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 60.80, with the RSI for the last a single of trading hit 66.87, and the three-weeks RSI is set at 56.66 for Starbucks Corporation [SBUX]. The present Moving Average for the last 50 days of trading for this stock 75.76, while it was recorded at 78.75 for the last single week of trading, and 94.03 for the last 200 days.

Starbucks Corporation [SBUX]: Deeper insight into the fundamentals

Operating Margin for any stock indicates how profitable investing would be, and Starbucks Corporation [SBUX] shares currently have an operating margin of +16.05 and a Gross Margin at +22.70. Starbucks Corporation’s Net Margin is presently recorded at +14.45.

Return on Total Capital for SBUX is now 26.05, given the latest momentum, and Return on Invested Capital for the company is 27.44. Additionally, SBUX Total Debt to Total Capital is recorded at 129.10, with Total Debt to Total Assets ending up at 75.19.

Reflecting on the efficiency of the workforce at the company, Starbucks Corporation [SBUX] managed to generate an average of $10,964 per employee. Receivables Turnover for the company is 22.99 with a Total Asset Turnover recorded at a value of 0.96.Starbucks Corporation’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.60 and a Current Ratio set at 0.80.

Earnings analysis for Starbucks Corporation [SBUX]

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 7.62%.

Insider trade positions for Starbucks Corporation [SBUX]

There are presently around $62,939 million, or 70.50% of SBUX stock, in the hands of institutional investors. The top three institutional holders of SBUX stocks are: VANGUARD GROUP INC with ownership of 101,414,654, which is approximately 2.77% of the company’s market cap and around 1.80% of the total institutional ownership; BLACKROCK INC., holding 76,603,120 shares of the stock with an approximate value of $6.1 billion in SBUX stocks shares; and STATE STREET CORP, currently with $3.68 billion in SBUX stock with ownership of nearly -4.786% of the company’s market capitalization.

Positions in Starbucks Corporation stocks held by institutional investors increased at the end of August and at the time of the August reporting period, where 1,088 institutional holders increased their position in Starbucks Corporation [NASDAQ:SBUX] by around 73,641,598 shares. Additionally, 1,193 investors decreased positions by around 84,582,785 shares, while 213 investors held positions by with 632,262,269 shares. The mentioned changes placed institutional holdings at 790,486,652 shares, according to the latest SEC report filing. SBUX stock had 138 new institutional investments in for a total of 10,477,219 shares, while 241 institutional investors sold positions of 5,280,296 shares during the same period.

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