Near term Outlook For Starbucks Corporation (NASDAQ:SBUX)


Starbucks Corporation (NASDAQ:SBUX) closed its last session at $55.99. The stock traded within a range of $55.29 and $56.70. The company operates in the Consumer Cyclical sector with a market capitalization of 78.48 Million. Trading volume for Starbucks Corporation was 14.11 Million in its previous trading session. Currently, Starbucks Corporation (NASDAQ:SBUX) has an average volume of 10.49 Million.

Company Profile

Starbucks Corporation purchases and roasts high-quality whole bean coffees and sells them along with fresh, rich-brewed, Italian style espresso beverages, a variety of pastries and confections, and coffee-related equipments primarily through its company-operated retail stores. In addition to sales through its company-operated retail stores, Starbucks sells whole bean coffees through a specialty sales group and supermarkets. Additionally, Starbucks produces and sells bottled Frappuccino coffee drink and a line of premium ice creams through its joint venture partnerships and offers a line of innovative premium teas produced by its wholly owned subsidiary, Tazo Tea Company. The company’s objective is to establish Starbucks as the most recognized and respected brand in the world.

Analyst Views

Starbucks Corporation (NASDAQ:SBUX) received a Buy rating from 6 analysts. 1 analysts gave its stock an Outperform rating. 2 analysts say it’s a Hold while 0 analysts provided their expert opinion as Sell.

Starbucks Corporation (NASDAQ:SBUX) touched its 1-Year High price of $64.87 on 06/05/17 and its 1-Year Low price of $52.58 on 08/18/17.

EPS & Financials

Starbucks Corporation (NASDAQ:SBUX) reported its EPS in the last quarter as $0.65/Share beating the analyst estimate of $0.57/Share by a difference of $0.08. This showed a surprise of 14% in the last quarter earnings.

For the current quarter, 29 analysts are projecting a mean EPS of $0.53/share. According to their observations and findings, the stock could provide a high EPS of $0.57/share and a low EPS of $0.5/share.

Analysts believe that the company has the potential to earn average revenue of $5.92 Billion for the current quarter. According to their predictions high & low revenue estimates are 6.08 Billion and 5.69 Billion respectively.

Technical Analysis

By taking a look at the stock’s current statistics it can gauged that the stock candle is BULLISH with HIGH volatility. Starbucks Corporation (NASDAQ:SBUX) has a 20-Day average volume of 15.8 Million. According to today’s trading volume Starbucks Corporation is BELOW its 20-Day Avg. volume with the stock showing ABOVE Abnormal volume in the past 150 days.

Moving average convergence divergence (MACD) shows that the stock is on a PRICE RELATIVITY trend. The trend for the past 10-days shows that the company was in BEARISH territory while an analysis of the last 40-Day trend shows a BEARISH signal. The 100-Day trend also shows a BULLISH trend as well.

The company currently has an insider ownership of 2.2 Percent and Institutional ownership of 75.3 Percent. The return on assets stands at 28.4%, Return on Equity currently is 77.4% and the Return on Investment value is 28.8%.

Starbucks Corporation (NASDAQ:SBUX) gross margin percentage stands at 59.3% while its operating margin for the past trailing twelve month is 26.2 percent and its overall profit margin (ttm) is 19.3 Percent. The stock is currently moving below its 20-Day Simple Moving Average of -2.83% with a 50-Day Simple Moving Average of -3.9 percent. As of today, the company has a SMA200 (200-day simple moving average) of -2.54 Percent. The Stock has YTD (year to date) performance of -2.51 percent.

The TTM operating margin for the company stands at 26.2%. The return on invested capital is at 28.8%, which is good, compared to its peers. The Free Cash Flow or FCF margin is 59.33.

The company’s stock is currently moving with a -ve distance from the 200 day SMA of approximately -2.54%, and has a solid year to date (YTD) performance of -2.51% which means that the stock is constantly adding to its value from the previous fiscal year end price.