Starbucks stock has undergone multiple analysts rating changes in the recent past. Starbucks Upgraded by Deutsche Bank Aktiengesellschaft on 10-11-21. In a note to investors, the firm issued a new rating of Buy. The analysts previously had rating of Hold.
Shares of Starbucks traded down -$0.28 on Monday, reaching $110.94. 5987335 shares of the stock traded hands, compared to its average volume of 5378909. Shares of Starbucks were trading at $110.94 on Monday. The firm’s 50 day moving average is $115.31 and its 200 day moving average is $111.63.Starbucks has a 12 month low of $110.92 and a 12 month high of $126.32. While on yearly highs and lows, Starbucks’s today has traded high as $113.56 and has touched $110.92 on the downward trend. See More Analyst Rating at: RATING
Starbucks Earnings and What to expect:
Starbucks last announced its quarterly earnings results on July 26th, 2021. The coffee company reported $1.01 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.78 by $0.23. The firm earned $7.50 billion during the quarter, compared to analyst estimates of $7.26 billion. Its revenue was up 77.6% on a year-over-year basis. Starbucks has generated $1.17 earnings per share over the last year ($2.39 diluted earnings per share) and currently has a price-to-earnings ratio of 46.4. Earnings for Starbucks are expected to grow by 14.46% in the coming year, from $3.25 to $3.72 per share. Starbucks has confirmed that its next quarterly earnings report will be published on Thursday, October 28th, 2021. Starbucks will be holding an earnings conference call on Thursday, October 28th at 5:00 PM Eastern. Interested parties can .
Earnings for Starbucks are expected to grow by 14.46% in the coming year, from $3.25 to $3.72 per share. The P/E ratio of Starbucks is 46.42, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 14.63. The P/E ratio of Starbucks is 46.42, which means that it is trading at a more expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 20.94. Starbucks has a PEG Ratio of 3.06. PEG Ratios above 1 indicate that a company could be overvalued.
Starbucks (SBUX) Moving Average Technical Analysis
5 day Moving Average is $111.37 And 5 day price change is -$0.52 (-0.47%) with average volume for 5 day average is 5,388,380. While technical analysis for average 20 days shows significant difference, 20 day moving average is $112.80 and 20 day price change is -$8.24 (-6.91%) and average 20 day moving volume is 5,826,185. 50 day moving average is $115.31 and 50 day price change is -$10.49 ( -8.64%) and with average volume for 50 days is : 5,350,646. 200 day moving average is $111.63 and 200 day price change is $8.88 (8.70%) and with average volume for 200 days is : 5,801,275.
Other owners latest trading in Starbucks :
- On 10/8/2021 shares held by HBW Advisory Services LLC were 41,881 which equates to market value of $4.62M and appx 1.20% owners of Starbucks
- On 10/8/2021 shares held by Oak Harvest Investment Services were 47,691 which equates to market value of $5.26M and appx 1.50% owners of Starbucks
- On 10/8/2021 shares held by IVC Wealth Advisors LLC were 19,168 which equates to market value of $2.11M and appx 1.50% owners of Starbucks
- In total Institutional ownership equates to Institutional Ownership Percentage: 68.27% for Starbucks
See More Analyst Rating at: RATING