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NASDAQ:LKLuckin Coffee Stock Price, Forecast & News

$5.51
+1.46 (+36.05 %)
(As of 06/5/2020 04:00 PM ET)
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Today's Range
$4.81
Now: $5.51
$6.79
50-Day Range
$1.39
MA: $3.68
$4.39
52-Week Range
$1.33
Now: $5.51
$51.38
Volume230.77 million shs
Average Volume62.33 million shs
Market Capitalization$1.30 billion
P/E RatioN/A
Dividend YieldN/A
BetaN/A
Luckin Coffee Inc. engages in the retail sale of freshly brewed drinks, and pre-made food and beverage items in the People's Republic of China. It offers freshly brewed drinks, including freshly brewed coffee and non-coffee drinks; and food and beverage items, such as light meals. The company operates pick-up stores, relax stores, and delivery kitchens under the Luckin brand, as well as Luckin mobile app, Weixin mini-program, and other third-party platforms that cover the customer purchase process. As of March 31, 2019, it operated 2,370 stores, including 2,163 pick-up stores, 109 relax stores, and 98 delivery kitchens in 28 cities in the People's Republic of China. The company was founded in 2017 and is based in Xiamen, the People's Republic of China.
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Luckin Coffee logo

Beat the Market (BTM) Rank

Analyst Opinion: 3.4Community Rank: 3.0Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 0.6 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.61 out of 5 stars


Industry, Sector and Symbol

Industry Eating & drinking places
Sub-IndustryN/A
CUSIPN/A
CIKN/A
Phone86-59-2338-6666

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$125.27 million

Profitability

Miscellaneous

Employees21,907
Market Cap$1.30 billion
Next Earnings DateN/A
OptionableOptionable

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Luckin Coffee (NASDAQ:LK) Frequently Asked Questions

How has Luckin Coffee's stock been impacted by COVID-19 (Coronavirus)?

Luckin Coffee's stock was trading at $34.40 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, LK shares have decreased by 84.0% and is now trading at $5.51. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Luckin Coffee?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Luckin Coffee in the last year. There are currently 1 hold rating and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Luckin Coffee.

How were Luckin Coffee's earnings last quarter?

Luckin Coffee Inc. (NASDAQ:LK) posted its quarterly earnings results on Wednesday, November, 13th. The company reported ($0.32) earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of ($0.37) by $0.05. The company earned $215.70 million during the quarter, compared to analysts' expectations of $208.84 million. The business's revenue for the quarter was up 557.6% on a year-over-year basis. View Luckin Coffee's earnings history.

What price target have analysts set for LK?

5 equities research analysts have issued 12 month price targets for Luckin Coffee's stock. Their forecasts range from $24.00 to $56.00. On average, they expect Luckin Coffee's share price to reach $40.50 in the next twelve months. This suggests a possible upside of 635.0% from the stock's current price. View analysts' price targets for Luckin Coffee.

Has Luckin Coffee been receiving favorable news coverage?

News coverage about LK stock has been trending positive on Saturday, InfoTrie Sentiment Analysis reports. InfoTrie ranks the sentiment of press coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Luckin Coffee earned a media sentiment score of 2.4 on InfoTrie's scale. They also assigned media coverage about the company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the near future. View the latest news aboutLuckin Coffee.

Who are some of Luckin Coffee's key competitors?

Who are Luckin Coffee's key executives?

Luckin Coffee's management team includes the following people:
  • Ms. Zhiya Qian, CEO & Director (Age 43)
  • Mr. Reinout Hendrik Schakel, CFO & Chief Strategy Officer (Age 38)
  • Dr. Jinyi Guo, Sr. VP of Product & Supply Chain and Director (Age 38)
  • Mr. Wenbao Cao, Sr. VP of Store Operations & Customer Service (Age 50)

When did Luckin Coffee IPO?

(LK) raised $480 million in an initial public offering on Friday, May 17th 2019. The company issued 30,000,000 shares at a price of $15.00-$17.00 per share. Credit Suisse, Morgan Stanley, CICC and Haitong Internationa acted as the underwriters for the IPO and KeyBanc Capital Markets and Needham & Company were co-managers.

What is Luckin Coffee's stock symbol?

Luckin Coffee trades on the NASDAQ under the ticker symbol "LK."

Who are Luckin Coffee's major shareholders?

Luckin Coffee's stock is owned by many different institutional and retail investors. Top institutional investors include Lone Pine Capital LLC (5.75%), Capital Research Global Investors (4.29%), BlackRock Inc. (2.06%), Wellington Management Group LLP (0.75%), State Street Corp (0.60%) and Morgan Stanley (0.55%).

Which institutional investors are selling Luckin Coffee stock?

LK stock was sold by a variety of institutional investors in the last quarter, including Discovery Value Fund, KEYWISE CAPITAL MANAGEMENT HK Ltd, Victory Capital Management Inc., Victory Capital Management Inc., Quattro Financial Advisors LLC, Athanor Capital LP, Wells Fargo & Company MN, and Two Sigma Advisers LP.

Which institutional investors are buying Luckin Coffee stock?

LK stock was bought by a variety of institutional investors in the last quarter, including Lone Pine Capital LLC, BlackRock Inc., Capital Research Global Investors, Wellington Management Group LLP, State Street Corp, Zevenbergen Capital Investments LLC, Kingstown Capital Management L.P., and Morgan Stanley.

How do I buy shares of Luckin Coffee?

Shares of LK can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Luckin Coffee's stock price today?

One share of LK stock can currently be purchased for approximately $5.51.

How big of a company is Luckin Coffee?

Luckin Coffee has a market capitalization of $1.30 billion and generates $125.27 million in revenue each year. Luckin Coffee employs 21,907 workers across the globe.

What is Luckin Coffee's official website?

The official website for Luckin Coffee is www.luckincoffee.com.

How can I contact Luckin Coffee?

Luckin Coffee's mailing address is 17F BLOCK A TEFANG PORTMAN TOWER NO. 81 ZHANHONG ROAD SIMING DISTRICT, XIAMEN F4, 361008. The company can be reached via phone at 86-59-2338-6666 or via email at [email protected]

This page was last updated on 6/6/2020 by MarketBeat.com Staff

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