Currently, there are 1.13B common shares owned by the public and among those 1.11B shares have been available to trade.
The company’s stock has a 5-day price change of 5.14% and 2.43% over the past three months. SBUX shares are trading 9.61% year to date (YTD), with the 12-month market performance up to 8.67% higher. It has a 12-month low price of $71.55 and touched a high of $103.32 over the same period. SBUX has an average intraday trading volume of 7.95 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 6.22%, 3.99%, and 12.94% respectively.
Institutional ownership of Starbucks Corp (NASDAQ: SBUX) shares accounts for 78.08% of the company’s 1.13B shares outstanding.
It has a market capitalization of $113.40B and a beta (3y monthly) value of 0.99. The stock’s trailing 12-month PE ratio is 30.25, while the earnings-per-share (ttm) stands at $3.31. The company has a PEG of 3.21 and a Quick Ratio of 0.56. Price movements for the stock have been influenced by the stock’s volatility, which stands at 1.83% over the week and 1.90% over the month.
Earnings per share for the fiscal year are expected to decrease by -6.59%, and 19.95% over the next financial year. EPS should grow at an annualized rate of 9.42% over the next five years, compared to 2.53% over the past 5-year period.
Looking at the support for the SBUX, a number of firms have released research notes about the stock. Stifel stated their Buy rating for the stock in a research note on January 27, 2025, with the firm’s price target at $110-$114. RBC Capital Mkts coverage for the Starbucks Corp (SBUX) stock in a research note released on November 15, 2024 offered a Outperform rating with a price target of $115. Redburn Atlantic was of a view on November 13, 2024 that the stock is Sell, while Morgan Stanley gave the stock Overweight rating on October 17, 2024, issuing a price target of $98- $115. BTIG Research on their part issued Buy rating on October 17, 2024.
