In last trading session, Starbucks Corp. (NASDAQ:SBUX) saw 23.6 million shares changing hands with its beta currently measuring 1.00. Company’s recent per share price level of $74.93 trading at $0.49 or 0.66% at ring of the bell on the day assigns it a market valuation of $84.84B. That closing price of SBUX’s stock is at a discount of -52.89% from its 52-week high price of $114.56 and is indicating a premium of 3.02% from its 52-week low price of $72.67. Taking a look at company’s average trading volume volume of 8.94 million if we extend that period to 3-months.
Starbucks Corp. (NASDAQ:SBUX) trade information
Upright in the green during last session for gaining 0.66%, in the last five days SBUX remained trading in the red while hitting it’s week-highest on Friday, 04/26/24 when the stock touched $74.93 price level, adding 16.04% to its value on the day. Starbucks Corp.’s shares saw a change of -21.96% in year-to-date performance and have moved -14.70% in past 5-day. Starbucks Corp. (NASDAQ:SBUX) showed a performance of -15.52% in past 30-days.
Starbucks Corp. (SBUX) estimates and forecasts
Statistics highlight that Starbucks Corp. is scoring comparatively lower than the scores of other players of the relevant industry. The company lost -18.77% of value to its shares in past 6 months, showing an annual growth rate of 9.89% while that of industry is 10.50. Apart from that, the company came raising its revenue forecast for fiscal year 2024. This year revenue growth is estimated to rise 3.70% from the last financial year’s standing.
22 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 9.4B for the same. And 22 analysts are in estimates of company making revenue of 9.7B in the next quarter.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 2.03% during past 5 years. In 2024, company’s earnings growth rate is likely to be around 3.79% while estimates for its earnings growth in next 5 years are of 15.57%.
SBUX Dividends
Starbucks Corp. is more likely to be releasing its next quarterly report in June and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.
