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Luckin Coffee Stock Price, Forecast & Analysis (NYSE:LK)

$27.02
+5.48 (+25.44 %)
(As of 11/18/2019 04:46 AM ET)
Today's Range
$21.95
Now: $27.02
$27.31
50-Day Range
$18.12
MA: $19.63
$26.57
52-Week Range
$13.71
Now: $27.02
$27.31
Volume24.12 million shs
Average Volume4.13 million shs
Market Capitalization$6.36 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.

Industry, Sector and Symbol

Industry Restaurants
Sub-IndustryN/A
SectorConsumer Cyclical
CUSIPN/A
CIKN/A
Phone86 59 2338 6666

Debt

Price-To-Earnings

Sales & Book Value

Annual SalesN/A

Profitability

Miscellaneous

Employees8,485
Market Cap$6.36 billion
Next Earnings DateN/A
OptionableOptionable

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Luckin Coffee (NYSE:LK) Frequently Asked Questions

What is Luckin Coffee's stock symbol?

Luckin Coffee trades on the New York Stock Exchange (NYSE) under the ticker symbol "LK."

How were Luckin Coffee's earnings last quarter?

Luckin Coffee Inc. (NYSE:LK) released its quarterly earnings data on Wednesday, November, 13th. The company reported ($0.32) earnings per share for the quarter, beating the consensus estimate of ($0.37) by $0.05. The firm earned $215.70 million during the quarter, compared to analysts' expectations of $208.84 million. The firm's quarterly revenue was up 557.6% on a year-over-year basis. View Luckin Coffee's Earnings History.

What price target have analysts set for LK?

6 Wall Street analysts have issued 1-year price objectives for Luckin Coffee's stock. Their forecasts range from $21.00 to $32.00. On average, they expect Luckin Coffee's share price to reach $25.60 in the next twelve months. This suggests that the stock has a possible downside of 5.3%. View Analyst Price Targets for Luckin Coffee.

What is the consensus analysts' recommendation for Luckin Coffee?

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

Has Luckin Coffee been receiving favorable news coverage?

Press coverage about LK stock has trended very negative this week, InfoTrie Sentiment reports. The research group rates the sentiment of media coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Luckin Coffee earned a media sentiment score of -3.0 on InfoTrie's scale. They also gave headlines about the company a news buzz of 4.0 out of 10, meaning that recent media coverage is somewhat unlikely to have an impact on the company's share price in the next few days. View News Stories for Luckin Coffee.

Who are some of Luckin Coffee's key competitors?

What other stocks do shareholders of Luckin Coffee own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Luckin Coffee investors own include Uber Technologies (UBER), Okta (OKTA), Alibaba Group (BABA), Walt Disney (DIS), Walmart (WMT), AT&T (T), Verizon Communications (VZ), Micron Technology (MU), Netflix (NFLX) and Boeing (BA).

Who are Luckin Coffee's key executives?

Luckin Coffee's management team includes the folowing people:
  • Ms. Zhiya Qian, CEO & Director (Age 42)
  • Mr. Reinout Hendrik Schakel, CFO & Chief Strategy Officer (Age 38)
  • Mr. Jian Liu, COO & Director (Age 36)
  • Dr. Jinyi Guo, Sr. VP of Product & Supply Chain and Director (Age 37)
  • Mr. Wenbao Cao, Sr. VP of Store Operations & Customer Service (Age 49)

When did Luckin Coffee IPO?

(LK) raised $480 million in an initial public offering (IPO) on Friday, May 17th 2019. The company issued 30,000,000 shares at $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.

When did Luckin Coffee's lock-up period expire?

Luckin Coffee's lock-up period expired on Wednesday, November 13th. Luckin Coffee had issued 33,000,000 shares in its IPO on May 17th. The total size of the offering was $561,000,000 based on an initial share price of $17.00. Shares of the company owned by company insiders and major shareholders are now eligible to be traded as a result of the end of the lock-up period.

Who are Luckin Coffee's major shareholders?

Luckin Coffee's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Symons Capital Management Inc. (0.16%), Bfsg LLC (0.06%), Segantii Capital Management Ltd (0.05%), Discovery Value Fund (0.04%), Bank Hapoalim BM (0.03%) and Harvey Capital Management Inc. (0.02%).

Which institutional investors are buying Luckin Coffee stock?

LK stock was purchased by a variety of institutional investors in the last quarter, including Bfsg LLC, Segantii Capital Management Ltd, Discovery Value Fund, Symons Capital Management Inc., Harvey Capital Management Inc., Quattro Financial Advisors LLC, Avitas Wealth Management LLC and Santori & Peters Inc..

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 $27.02.

How big of a company is Luckin Coffee?

Luckin Coffee has a market capitalization of $6.36 billion. Luckin Coffee employs 8,485 workers across the globe.View Additional Information About Luckin Coffee.

What is Luckin Coffee's official website?

The official website for Luckin Coffee is http://www.luckincoffee.com/.

How can I contact Luckin Coffee?

The company can be reached via phone at 86 59 2338 6666.


MarketBeat Community Rating for Luckin Coffee (NYSE LK)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  33 (Vote Outperform)
Underperform Votes:  35 (Vote Underperform)
Total Votes:  68
MarketBeat's community ratings are surveys of what our community members think about Luckin Coffee and other stocks. Vote "Outperform" if you believe LK will outperform the S&P 500 over the long term. Vote "Underperform" if you believe LK will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 11/18/2019 by MarketBeat.com Staff

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