In the latest trading session,, 1.97 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 $84.00 changing hands around $0.1 or 0.12% at last look, the market valuation stands at $95.42B. SBUX’s current price is a discount, trading about -39.83% off its 52-week high of $117.46. The share price had its 52-week low at $71.55, which suggests the last value was 14.82% up since then. When we look at Starbucks Corp’s average trading volume, we note the 10-day average is 8.86 million shares, with the 3-month average coming to 11.34 million.
Analysts gave the Starbucks Corp (SBUX) stock a consensus recommendation rating of Buy, calculated at a mean rating of 2.32. If we narrow down to specifics, the data shows that 2 out of 32 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 10 recommended SBUX as a Hold, 20 felt it is a Buy and 0 rated the stock as Underweight.
Starbucks Corp (NASDAQ:SBUX) trade information
Instantly SBUX is in green as seen in intraday trades today. With action 2.75%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -7.95%, with the 5-day performance at 2.75% in the green. However, in the 30-day time frame, Starbucks Corp (NASDAQ:SBUX) is -14.05% down. Looking at the short shares, we see there were 35.79 million shares sold at short interest cover period of 3.02 days.
The consensus price target for the stock as assigned by Wall Street analysts is 104.5, meaning bulls need an upside of 19.62% from its recent market value. According to analyst projections, SBUX’s forecast low is 103 with 115 as the target high. To hit the forecast high, the stock’s price needs a -36.9% plunge from its current level, while the stock would need to soar -22.62% for it to hit the projected low.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 2.53%. The 2025 estimates are for Starbucks Corp earnings to decrease by -12.58%, but the outlook for the next 5-year period is at 7.79% per year.
SBUX Dividends
Starbucks Corp is expected to release its next quarterly earnings report on 2025-Jan-27. The 2.81% annual yield figure for the share gives it an annual dividend of 2.36. It is important to note, however, that the 2.81% 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. During the past 5 years, the average dividend yield was 2.08 per year.
Starbucks Corp (NASDAQ:SBUX)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 0.16% of Starbucks Corp shares while 81.05% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 81.18%. There are 81.05% institutions holding the Starbucks Corp stock share, with VANGUARD GROUP INC the top institutional holder. As of 2024-06-30, the company held 9.6594% of the shares, roughly 109.42 million SBUX shares worth $8.52 billion.
BLACKROCK INC. holds the second largest percentage of outstanding shares, with 6.9557% or 78.79 million shares worth $6.13 billion as of 2024-06-30.
Among Mutual Funds, the top two as of Dec 31, 2024 were VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard 500 Index Fund . With 35.53 shares estimated at $2.98 billion under it, the former controlled 3.13% of total outstanding shares. On the other hand, VANGUARD INDEX FUNDS-Vanguard 500 Index Fund held about 2.70% of the shares, roughly 30.68 shares worth around $2.57 billion.
