Starbucks Corp (NASDAQ: SBUX) on Friday, soared 1.20% from the previous trading day, before settling in for the closing price of $97.70. Within the past 52 weeks, SBUX’s price has moved between $71.55 and $107.66.
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Annual sales at Consumer Cyclical sector company grew by 7.08% over the past five years. The company achieved an average annual earnings per share of -1.70%. With a float of $1.11 billion, this company’s outstanding shares have now reached $1.13 billion.
Let’s look at the performance matrix of the company that is accounted for 381000 employees. In terms of profitability, gross margin is 34.36%, operating margin of 14.56%, and the pretax margin is 13.74%.
Starbucks Corp (SBUX) Insider and Institutional Ownership
Observing investor behavior towards Restaurants industry stocks is more important than anything else. The insider ownership of Starbucks Corp is 2.07%, while institutional ownership is 75.00%. 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) Latest Financial update
As on 9/30/2024, Multinational firm has announced its last quarter scores, in which it reported 0.9 earnings per share (EPS) for the period falling under the consensus outlook (set at 0.93) by -0.03. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.6 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -1.70% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 9.21% during the next five years compared to 2.53% growth over the previous five years of trading.
Starbucks Corp (NASDAQ: SBUX) Trading Performance Indicators
Starbucks Corp (SBUX) is currently performing well based on its current performance indicators. A quick ratio of 0.56 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.14. Likewise, its price to free cash flow for the trailing twelve months is 24.58.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.31, a number that is poised to hit 0.70 in the next quarter and is forecasted to reach 3.80 in one year’s time.
Technical Analysis of Starbucks Corp (SBUX)
Starbucks Corp (NASDAQ: SBUX) saw its 5-day average volume 8.9 million, a negative change from its year-to-date volume of 11.31 million. As of the previous 9 days, the stock’s Stochastic %D was 72.70%. Additionally, its Average True Range was 2.00.
During the past 100 days, Starbucks Corp’s (SBUX) raw stochastic average was set at 96.71%, which indicates a significant increase from 84.78% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 9.81% in the past 14 days, which was lower than the 43.31% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $95.96, while its 200-day Moving Average is $87.47. Nevertheless, the first resistance level for the watch stands at $99.99 in the near term. At $101.11, the stock is likely to face the second major resistance level. The third major resistance level sits at $102.42. If the price goes on to break the first support level at $97.56, it is likely to go to the next support level at $96.25. The third support level lies at $95.13 if the price breaches the second support level.
Starbucks Corp (NASDAQ: SBUX) Key Stats
Market capitalization of the company is 113.38 billion based on 1,133,200K outstanding shares. Right now, sales total 35,976 M and income totals 4,125 M. The company made 9,114 M in profit during its latest quarter, and 1,055 M in sales during its previous quarter.
