Starbucks Corp. (SBUX) poses a Brand-New Opportunity for Investors with beta value of 0.97

Starbucks Corp. (NASDAQ: SBUX) started the day on Wednesday, with a price decrease of -1.35% at $85.95, before settling in for the price of $87.13 at the close. Taking a more long-term approach, SBUX posted a 52-week range of $86.31-$115.48.

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It was noted that the giant of the Consumer Cyclical sector posted annual sales growth of 8.40% over the last 5 years. Meanwhile, its Annual Earning per share during the time was 2.03%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 14.26%. This publicly-traded company’s shares outstanding now amounts to $1.14 billion, simultaneously with a float of $1.10 billion. The organization now has a market capitalization sitting at $97.31 billion. At the time of writing, stock’s 50-day Moving Average stood at $92.22, while the 200-day Moving Average is $95.93.

Starbucks Corp. (SBUX) Ownership Facts and Figures

Now let’s turn our focus to how large-scale investors are working with this stock of the Restaurants Industry. Starbucks Corp.’s current insider ownership accounts for 2.62%, in contrast to 72.84% institutional ownership. According to the most recent insider trade that took place on Mar 21 ’24, this organization’s evp, chief partner officer sold 250 shares at the rate of 92.63, making the entire transaction reach 23,158 in total value, affecting insider ownership by 46,924. Preceding that transaction, on Feb 21 ’24, Company’s evp, chief partner officer sold 250 for 93.86, making the whole transaction’s value amount to 23,465. This particular insider is now the holder of 46,963 in total.

Starbucks Corp. (SBUX) Earnings and Revenue Records

In the latest quarterly report released, which was put into the public domain on 12/30/2023, the organization reported $0.9 earnings per share (EPS) for the three months, lower than the consensus estimate (set at $0.93) by -$0.03. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.13 per share during the current fiscal year.

Starbucks Corp.’s EPS increase for this current 12-month fiscal period is 14.26% and is forecasted to reach 4.69 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 15.81% through the next 5 years, which can be compared against the 2.03% growth it accomplished over the previous five years trading on the market.

Starbucks Corp. (NASDAQ: SBUX) Trading Performance Indicators

Let’s observe the current performance indicators for Starbucks Corp. (SBUX). It’s Quick Ratio in the last reported quarter now stands at 0.52. The Stock has managed to achieve an average true range (ATR) of 1.38. Alongside those numbers, its PE Ratio stands at $22.99, and its Beta score is 0.97. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 2.65. Similarly, its price to free cash flow for trailing twelve months is now 22.18.

In the same vein, SBUX’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 3.74, a figure that is expected to reach 0.81 in the next quarter, and analysts are predicting that it will be 4.69 at the market close of one year from today.

Technical Analysis of Starbucks Corp. (SBUX)

If we take a close look at the recent performances of Starbucks Corp. (NASDAQ: SBUX), its last 5-days Average volume was 7.04 million that shows plunge from its year to date volume of 8.39 million. During the previous 9 days, stock’s Stochastic %D was recorded 11.09% While, its Average True Range was 1.35.

Raw Stochastic average of Starbucks Corp. (SBUX) in the period of the previous 100 days is set at 1.59%, which indicates a major fall in contrast to 4.62% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 13.48% that was lower than 16.97% volatility it exhibited in the past 100-days period.