Retail/Wholesale sector’s Starbucks’s (NASDAQ:SBUX) Buy rating Reiterated by Robert W. Baird

Starbucks (NASDAQ:SBUX)‘s stock had its Buy rating Reiterated by analysts at Robert W. Baird in a research report issued to clients and investors. A price-to-earnings ratio of 46.49, market cap of 130.9B and a beta of 0.89.  Starbucks has a twelve month low $85.45 of  and a twelve month high of $126.32.

Shares of Starbucks traded up $0.06 on Tuesday, reaching $111.00. 1,120,929 shares of the stock traded hands, compared to its average volume of 5438330. Shares of Starbucks at close on Tuesday were at $111.00. The firm’s 50 day moving average is $$115.12 and its 200 day moving average is $111.68.Starbucks  has a 12 month low of $110.66 and a 12 month high of $126.32. While on yearly highs and lows, Starbucks’s today has traded high as $111.87 and has touched $110.66 on the downward trend. See More Analyst Rating at: RATING

Starbucks (NASDAQ:SBUX) Moving Average Technical Analysis

5 day Moving Average is $111.40 And 5 day price change is $0.15 (0.14%)  with average volume for 5 day average is 4,984,960. While technical analysis for average 20 days shows significant difference, 20 day moving average is  $112.41 and 20 day price change is -$7.86 (-6.61%) and average 20 day moving volume is 5,783,390. 50 day moving average is $115.12  and 50 day price change is -$9.37 ( -7.78%)  and with average volume for 50 days is : 5,308,048. 200 day moving average is $111.68  and 200 day price change is $8.99 (8.81%)  and with average volume for 200 days is : 5,810,863.

See More Analyst Rating at: RATING

Starbucks Earnings and What to expect: 

Starbucks last released its earnings results on July 26th, 2021. The coffee company reported $1.01 earnings per share for the quarter, beating analysts’ consensus estimates of $0.78 by $0.23. The firm had revenue of $7.50 billion for the quarter, compared to the consensus estimate of $7.26 billion. Its quarterly 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 46.44, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 14.78. The P/E ratio of Starbucks is 46.44, which means that it is trading at a more expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 21.00. Starbucks has a PEG Ratio of 3.06. PEG Ratios above 1 indicate that a company could be overvalued.

Other owners latest trading in Starbucks :

  • On 10/12/2021 shares held by Koshinski Asset Management Inc. were 43,015 which equates to market value of $4.75M and appx 0.40% owners of Starbucks
  • On 10/12/2021 shares held by Windward Capital Management Co. CA were 99,661 which equates to market value of $10.99M and appx 1.00% owners of Starbucks
  • On 10/12/2021 shares held by Altfest L J & Co. Inc. were 4,720 which equates to market value of $0.52M and appx 0.10% owners of Starbucks
  • In total Institutional ownership equates to Institutional Ownership Percentage: 68.27% for Starbucks

See More Analyst Rating at: RATING