NASDAQ:SBUX

Starbucks - SBUX Stock Forecast, Price & News

$85.72

-0.01 (-0.01%)

(As of 08/8/2022 12:00 AM ET)

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Today's Range: $85.42
▼
$86.86
50-Day Range: $70.95
▼
$87.27
52-Week Range: $68.39
▼
$120.76

Volume: 4.86 million shs
Average Volume: 6.40 million shs
Market Capitalization: $98.36 billion

P/E Ratio: 24.15
Dividend Yield: 2.29%
Price Target: $102.92

Starbucks MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.50 Rating Score
Upside/Downside: 20.1% Upside
$102.92 Price Target
Short Interest: Healthy
1.49% of Float Sold Short
Dividend Strength: Strong
Based on Four Factors
Sustainability: -1.84
Upright™ Environmental Score
News Sentiment: 0.22
Based on 82 Articles This Week
Insider Trading: Acquiring Shares
$14.98 M Bought Last Quarter
Proj. Earnings Growth: 17.99%
From $2.89 to $3.41 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

3.18 out of 5 stars

Retail/Wholesale Sector

4th out of 215 stocks

Eating & Drinking Places Industry

1st out of 6 stocks

3.3

Analyst's Opinion

Consensus Rating
Starbucks has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 13 buy ratings, 13 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $102.92, Starbucks has a forecasted upside of 20.1% from its current price of $85.72.
Amount of Analyst Coverage
Starbucks has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

3.0

Short Interest

Percentage of Shares Shorted
1.49% of the float of Starbucks has been sold short.
Short Interest Ratio / Days to Cover
Starbucks has a short interest ratio ("days to cover") of 1.7, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Starbucks has recently increased by 15.10%, indicating that investor sentiment is decreasing significantly.

4.2

Dividend Strength

Dividend Yield
Starbucks pays a meaningful dividend of 2.29%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Starbucks has been increasing its dividend for 12 years.
Dividend Coverage
The dividend payout ratio of Starbucks is 55.21%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Starbucks will have a dividend payout ratio of 57.48% next year. This indicates that Starbucks will be able to sustain or increase its dividend.

1.9

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Starbucks has received a -6.83% net impact score from Upright. The largest negative impact of Starbucks in category "Physical diseases" seems to be driven mostly by its "Cold coffee drinks with added sugar", "Sugar-sweetened soft drinks", and "Sweet baked goods" products. See details.
Environmental Sustainability
The Environmental Impact score for Starbucks is -1.84.

3.5

News and Social Media Coverage

News Sentiment
Starbucks has a news sentiment score of 0.22. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Retail/Wholesale companies.
News Coverage This Week
MarketBeat has tracked 82 news articles for Starbucks this week, compared to 20 articles on an average week.
Social Mentions This Week
MarketBeat has tracked 16 reddit mentions for Starbucks this week, compared to 14 mentions on an average week.
Search Interest
127 people have searched for SBUX on MarketBeat in the last 30 days. This is an increase of 34% compared to the previous 30 days.
MarketBeat Follows
84 people have added Starbucks to their MarketBeat watchlist in the last 30 days. This is an increase of 83% compared to the previous 30 days.

3.3

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Starbucks insiders have bought more of their company's stock than they have sold. Specifically, they have bought $14,983,750.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
Only 0.27% of the stock of Starbucks is held by insiders.
Percentage Held by Institutions
69.21% of the stock of Starbucks is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.1

Earnings and Valuation

Earnings Growth
Earnings for Starbucks are expected to grow by 17.99% in the coming year, from $2.89 to $3.41 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Starbucks is 24.15, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 126.40.
Price to Earnings Ratio vs. Sector
The P/E ratio of Starbucks is 24.15, which means that it is trading at a less expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 30.89.
Price to Earnings Growth Ratio
Starbucks has a PEG Ratio of 2.67. PEG Ratios above 1 indicate that a company could be overvalued.

See Top Rated MarketRank™ Stocks Here

About Starbucks (NASDAQ:SBUX) Stock

Starbucks Corporation, together with its subsidiaries, operates as a roaster, marketer, and retailer of specialty coffee worldwide. The company operates through three segments: North America, International, and Channel Development. Its stores offer coffee and tea beverages, roasted whole beans and ground coffees, single serve products, and ready-to-drink beverages; and various food products, such as pastries, breakfast sandwiches, and lunch items. The company also licenses its trademarks through licensed stores, and grocery and foodservice accounts. The company offers its products under the Starbucks, Teavana, Seattle's Best Coffee, Evolution Fresh, Ethos, Starbucks Reserve, and Princi brands. As of October 3, 2021, it operated 16,826 company-operated and licensed stores in North America; and 17,007 company-operated and licensed stores internationally. The company was founded in 1971 and is based in Seattle, Washington.

Starbucks Stock Down 0.0 %

SBUX opened at $85.72 on Tuesday. Starbucks has a twelve month low of $68.39 and a twelve month high of $120.76. The stock has a market capitalization of $98.36 billion, a price-to-earnings ratio of 24.15, a P/E/G ratio of 2.67 and a beta of 0.95. The company has a 50-day simple moving average of $79.06 and a 200 day simple moving average of $82.88.

Starbucks (NASDAQ:SBUX - Get Rating) last issued its quarterly earnings results on Tuesday, August 2nd. The coffee company reported $0.84 earnings per share for the quarter, topping analysts' consensus estimates of $0.77 by $0.07. Starbucks had a net margin of 13.03% and a negative return on equity of 47.28%. During the same quarter in the prior year, the firm posted $1.01 earnings per share. Sell-side analysts anticipate that Starbucks will post 2.89 EPS for the current fiscal year.

Starbucks Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, August 26th. Investors of record on Friday, August 12th will be given a dividend of $0.49 per share. The ex-dividend date of this dividend is Thursday, August 11th. This represents a $1.96 annualized dividend and a dividend yield of 2.29%. Starbucks's dividend payout ratio is currently 55.21%.

Wall Street Analyst Weigh In

Several research firms have weighed in on SBUX. Barclays boosted their price target on Starbucks from $94.00 to $96.00 and gave the stock an "overweight" rating in a research report on Wednesday, August 3rd. MKM Partners lowered their price target on Starbucks from $105.00 to $98.00 in a research report on Wednesday, May 4th. Credit Suisse Group lowered their price target on Starbucks from $122.00 to $103.00 in a research report on Wednesday, May 4th. Evercore ISI raised Starbucks from an "in-line" rating to an "outperform" rating and set a $95.00 target price on the stock in a report on Wednesday, May 4th. Finally, Guggenheim decreased their target price on Starbucks from $95.00 to $87.00 in a report on Wednesday, April 13th. Fourteen equities research analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company's stock. According to data from MarketBeat.com, Starbucks presently has a consensus rating of "Hold" and a consensus price target of $102.92.

Insider Activity at Starbucks

In related news, CEO Howard D. Schultz bought 72,500 shares of the company's stock in a transaction dated Thursday, May 12th. The stock was purchased at an average price of $68.85 per share, with a total value of $4,991,625.00. Following the completion of the acquisition, the chief executive officer now owns 19,606,960 shares of the company's stock, valued at $1,349,939,196. The purchase was disclosed in a document filed with the SEC, which is available through this link. 0.27% of the stock is currently owned by insiders.

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SBUX Stock News Headlines

August 3, 2022 | marketbeat.com

Is Starbucks Shooting For The Moon?

Starbucks interim CEO Howard Shultz has the company on track to reinvent itself and move into the next phase of growth, and it pays over 2.3% in dividend yield

July 13, 2022 | marketbeat.com

47 Ways to Squeeze Out Larger Dividends Each Year

August 9, 2022 | Investing Trends (Ad)

Potential Gold Rush For Investors Sparked By USA Vs. China Trade War

Right now, China has the US Military in a stranglehold. They hold a monopoly on one of our most CRITICAL defense elements. But thanks to executive orders from both Biden and Trump...

August 8, 2022 | nypost.com

Starbucks barista gags after trying 'traumatizing' cold brew lemonade - New York Post

August 8, 2022 | nypost.com

Starbucks 'refresher' fruit drinks missing key ingredients: suit - New York Post

August 8, 2022 | latimes.com

Two more L.A. Starbucks unionize. Here's what workers want you to know - Los Angeles Times

August 7, 2022 | forbes.com

Ajisen Joins Yum China With Weak Results Amid Lockdowns

August 7, 2022 | fool.com

Starbucks Is Still Working on That Rebound - The Motley Fool

August 9, 2022 | Investing Trends (Ad)

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Canada is already known as a miner's paradise. But British Columbia (BC) is quietly becoming the new copper hotspot. That's because copper is critical to the world's shift to renewable energy. Biden earmarked $226 billion in new infrastructure projects all requiring copper.

August 7, 2022 | finance.yahoo.com

Starbucks Corporation (NASDAQ:SBUX) Pays A US$0.49 Dividend In Just Three Days

August 7, 2022 | americanbankingnews.com

Starbucks (NASDAQ:SBUX) Earns "Neutral" Rating from Robert W. Baird

August 7, 2022 | americanbankingnews.com

Starbucks Co. (NASDAQ:SBUX) to Post FY2022 Earnings of $2.94 Per Share, William Blair Forecasts

August 7, 2022 | americanbankingnews.com

Jefferies Financial Group Analysts Increase Earnings Estimates for Starbucks Co. (NASDAQ:SBUX)