Starbucks Corp (SBUX) volume exceeds 6.55 million: A new investment opportunity for investors

Starbucks Corp (NASDAQ: SBUX) on Tuesday, plunged -1.14% from the previous trading day, before settling in for the closing price of $101.84. Within the past 52 weeks, SBUX’s price has moved between $71.55 and $103.32.

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During the last 5-year period, the sales growth of Consumer Cyclical Sector giant was 7.06%. The company achieved an average annual earnings per share of -5.32%. With a float of $1.11 billion, this company’s outstanding shares have now reached $1.13 billion.

Let’s determine the extent of company efficiency that accounts for 361000 employees. In terms of profitability, gross margin is 24.0%, operating margin of 14.56%, and the pretax margin is 13.74%.

Starbucks Corp (SBUX) Breakdown of a Key Holders of the stock

Observing investor behavior towards Restaurants industry stocks is more important than anything else. The insider ownership of Starbucks Corp is 2.12%, while institutional ownership is 78.47%. The most recent insider transaction that took place on Nov 25 ’24, was worth 2,557,462. Before that another transaction happened on Nov 21 ’24, when Company’s evp, cfo sold 1,491 for $99.54, making the entire transaction worth $148,414. This insider now owns 80,124 shares in total.

Starbucks Corp (SBUX) Recent Fiscal highlights

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 0.94) by -0.04. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.59 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -5.32% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 8.61% 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 3.16. Likewise, its price to free cash flow for the trailing twelve months is 34.40.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.31, a number that is poised to hit 0.68 in the next quarter and is forecasted to reach 3.73 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 7.25 million, which is a drop from its year-to-date volume of 11.04 million. As of the previous 9 days, the stock’s Stochastic %D was 78.56%. Additionally, its Average True Range was 2.09.

During the past 100 days, Starbucks Corp’s (SBUX) raw stochastic average was set at 91.69%, which indicates a significant increase from 65.08% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 23.82% in the past 14 days, which was lower than the 43.76% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $97.30, while its 200-day Moving Average is $87.90. However, in the short run, Starbucks Corp’s stock first resistance to watch stands at $101.69. Second resistance stands at $102.70. The third major resistance level sits at $103.31. If the price goes on to break the first support level at $100.07, it is likely to go to the next support level at $99.46. Now, if the price goes above the second support level, the third support stands at $98.45.

Starbucks Corp (NASDAQ: SBUX) Key Stats

Market capitalization of the company is 114.15 billion based on 1,133,800K outstanding shares. Right now, sales total 36,176 M and income totals 3,761 M. The company made 9,074 M in profit during its latest quarter, and 909,300 K in sales during its previous quarter.