In the last trading session, 8.66 million shares of the Starbucks Corp. (NASDAQ:SBUX) were traded, and its beta was 0.96. Most recently the company’s share price was $88.18, and it changed around $0.57 or 0.65% from the last close, which brings the market valuation of the company to $99.84B. SBUX currently trades at a discount to its 52-week high of $115.48, offering almost -30.96% off that amount. The share price’s 52-week low was $84.29, which indicates that the current value has risen by an impressive 4.41% since then. We note from Starbucks Corp.’s average daily trading volume that its 3-month average coming to 8.72 million.
Starbucks Corp. stock received a consensus recommendation rating of Buy, based on a mean score of 2.27. If we narrow it down even further, the data shows that 0 out of 33 analysts rate the stock as a Sell; another 10 rate it as Overweight. Among the rest, 9 recommended SBUX as a Hold, whereas 14 deemed it a Buy, and 0 rated it as Underweight. Starbucks Corp. is expected to report earnings per share of $TBUX for the current quarter.
Starbucks Corp. (NASDAQ:SBUX) trade information
Instantly SBUX has showed a green trend with a performance of 0.65% at the end of last trading. The performance over the last five days has remained in the green territory. The company’s shares are currently down -8.16% year-to-date, but still up 3.53% over the last five days. On the other hand, Starbucks Corp. (NASDAQ:SBUX) is -3.80% down in the 30-day period.
The consensus price target as assigned by Wall Street analysts is $107.88, which translates to bulls needing to increase their stock price by 18.26% from its current value. Analyst projections state that SBUX is forecast to be at a low of $75 and a high of $136.
Starbucks Corp. (SBUX) estimates and forecasts
Starbucks Corp. share prices are performing particularly well compared to other companies within the same industry. As is evident from the statistics, the company’s shares have fallen -6.61 percent over the past six months and at a 13.28% annual growth rate that is well above the industry average of 10.30%.
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 2.03%. Starbucks Corp. earnings are expected to increase by 13.21% in 2024, but the outlook is positive 15.57% per year for the next five years.
SBUX Dividends
Starbucks Corp.’s next quarterly earnings report is expected to be released in May. The annual dividend yield of the stock is 2.49 percent and its annual dividend per share was 2.20. It is important to note, however, that the 2.49% dividend yield ratio should be regarded as a guide only, as many other factors should be taken into consideration before making any investment decision.
