In the latest trading session,, 1.64 million Starbucks Corp. (NASDAQ:SBUX) shares changed hands as the company’s beta touched 0.98. With the company’s most recent per share price at $85.16 changed hands at -$0.01 or -0.01% at last look, the market valuation stands at $96.42B. SBUX’s current price is a discount, trading about -35.6% off its 52-week high of $115.48. The share price had its 52-week low at $84.29, which suggests the last value was 1.02% up since then. When we look at Starbucks Corp.’s average trading volume, we note the 3-month average coming to 8.60 million.

Starbucks Corp. (NASDAQ:SBUX) trade information

Instantly SBUX was in red as seen in intraday trades today. With action -2.26%, the performance over the past five days has been red. The drop to weekly highs of 86.87 subtracted -0.01% to the stock’s daily price. The company’s shares are showing year-to-date downside of -11.30%, with the 5-day performance at -2.26% in the red. However, in the 30-day time frame, Starbucks Corp. (NASDAQ:SBUX) is -5.50% down. Looking at the short shares, we see there were N/A shares sold at short interest cover period of N/A days.

Starbucks Corp. (SBUX) estimates and forecasts

Data shows that the Starbucks Corp. share is performing relatively much better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot -6.91% over the past 6 months, a 14.12% in annual growth rate that is considerably higher than the industry average of 10.50%. Moreover, analysts have looked to higher expectations by upgrading its fiscal year 2024 revenue estimates. The rating firms predict current quarter revenue for Starbucks Corp. will rise 9.50%, while the growth in revenue is estimated to hit 12.00% for the next quarter. Year-over-year growth is forecast to reach 7.70% up from the last financial year.

Consensus estimates given by 22 financial analysts project the company’s revenue in the current quarter to hit an average of $9.19 billion. 22 analysts are of the opinion that Starbucks Corp.’s revenue for the quarter ending Jun 2024 will be $9.93 billion.

Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 2.03%. The 2024 estimates are for Starbucks Corp. earnings to increase by 14.02%, but the outlook for the next 5-year period is at 15.81% per year.

SBUX Dividends

Starbucks Corp. is expected to release its next quarterly earnings report in May. The 2.58% annual yield figure for the share gives it an annual dividend of 2.20. It is important to note, however, that the 2.58% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision.