On Friday, Starbucks Corp. (NASDAQ: SBUX) opened higher 0.16% from the last session, before settling in for the closing price of $97.15. Price fluctuations for SBUX have ranged from $71.55 to $107.66 over the past 52 weeks.
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During the last 5-year period, the sales growth of Consumer Cyclical Sector giant was 8.69%. Company’s average yearly earnings per share was noted 9.18% at the time writing. With a float of $1.11 billion, this company’s outstanding shares have now reached $1.14 billion.
Let’s determine the extent of company efficiency that accounts for 381000 employees. In terms of profitability, gross margin is 24.73%, operating margin of 15.54%, and the pretax margin is 14.73%.
Starbucks Corp. (SBUX) Insider Activity
A key investor’s attitude towards the stock of the Restaurants industry is another important factor to consider. The insider ownership of Starbucks Corp. is 2.07%, while institutional ownership is 75.26%. The most recent insider transaction that took place on Sep 06 ’24, was worth 34,770. In this transaction Director of this company bought 380 shares at a rate of $91.50, taking the stock ownership to the 36,242 shares. Before that another transaction happened on Aug 27 ’24, when Company’s Former Officer and Director proposed sale 39,678 for $97.84, making the entire transaction worth $3,882,152.
Starbucks Corp. (SBUX) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around 9.18% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 8.81% during the next five years compared to 2.03% growth over the previous five years of trading.
Starbucks Corp. (NASDAQ: SBUX) Trading Performance Indicators
Check out the current performance indicators for Starbucks Corp. (SBUX). In the past quarter, the stock posted a quick ratio of 0.65. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.03. Likewise, its price to free cash flow for the trailing twelve months is 28.82.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.57, a number that is poised to hit 0.85 in the next quarter and is forecasted to reach 4.11 in one year’s time.
Technical Analysis of Starbucks Corp. (SBUX)
Looking closely at Starbucks Corp. (NASDAQ: SBUX), its last 5-days average volume was 9.8 million, which is a drop from its year-to-date volume of 11.37 million. As of the previous 9 days, the stock’s Stochastic %D was 73.94%. Additionally, its Average True Range was 1.89.
During the past 100 days, Starbucks Corp.’s (SBUX) raw stochastic average was set at 92.13%, which indicates a significant increase from 63.18% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 15.04% in the past 14 days, which was lower than the 43.55% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $95.49, while its 200-day Moving Average is $87.34. However, in the short run, Starbucks Corp.’s stock first resistance to watch stands at $98.03. Second resistance stands at $98.76. The third major resistance level sits at $99.56. If the price goes on to break the first support level at $96.51, it is likely to go to the next support level at $95.71. Should the price break the second support level, the third support level stands at $94.98.
Starbucks Corp. (NASDAQ: SBUX) Key Stats
There are currently 1,132,700K shares outstanding in the company with a market cap of 110.27 billion. Presently, the company’s annual sales total 35,976 M according to its annual income of 4,125 M. Last quarter, the company’s sales amounted to 9,114 M and its income totaled 1,055 M.