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NYSE:LKLuckin Coffee Stock Price, Forecast & News

$1.39
-0.62 (-30.85 %)
(As of 05/25/2020 04:00 PM ET)
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Today's Range
$1.33
Now: $1.39
$1.85
50-Day Range
$1.39
MA: $4.17
$5.38
52-Week Range
$1.33
Now: $1.39
$51.38
Volume95.60 million shs
Average Volume26.06 million shs
Market Capitalization$327.18 million
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: 2.9Dividend Strength: 0.0Insider Behavior: 0.0Valuation: 0.0 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.26 out of 5 stars


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$327.18 million
Next Earnings DateN/A
OptionableOptionable

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Luckin Coffee (NYSE: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 reached pandemic status according to the World Health Organization (WHO). Since then, LK shares have decreased by 96.0% and is now trading at $1.39. 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. (NYSE:LK) posted its quarterly earnings results on Wednesday, November, 13th. The company reported ($0.32) EPS for the quarter, beating the Thomson Reuters' consensus estimate of ($0.37) by $0.05. The firm had revenue of $215.70 million for the quarter, compared to analyst estimates of $208.84 million. The business's revenue for the quarter was up 557.6% compared to the same quarter last year. View Luckin Coffee's earnings history.

What price target have analysts set for LK?

5 brokers 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 year. This suggests a possible upside of 2,813.7% from the stock's current price. View analysts' price targets for Luckin Coffee.

Has Luckin Coffee been receiving favorable news coverage?

News headlines about LK stock have been trending very positive on Monday, InfoTrie Sentiment Analysis reports. The research group identifies negative and positive media coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Luckin Coffee earned a news impact score of 4.0 on InfoTrie's scale. They also gave media coverage about the company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the company's share price in the near term. View the latest news aboutLuckin 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 Alibaba Group (BABA), NVIDIA (NVDA), Tesla (TSLA), Walt Disney (DIS), Advanced Micro Devices (AMD), Micron Technology (MU), Square (SQ), Uber Technologies (UBER), Netflix (NFLX) and Roku (ROKU).

Who are Luckin Coffee's key executives?

Luckin Coffee's management team includes the following 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 a price of $15.00-$17.00 per share. Credit Suisse, Morgan Stanley, CICC and Haitong Internationa served 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 New York Stock Exchange (NYSE) 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 major 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 major investors are buying Luckin Coffee stock?

LK stock was purchased 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 $1.39.

How big of a company is Luckin Coffee?

Luckin Coffee has a market capitalization of $327.18 million. Luckin Coffee employs 8,485 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?

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

This page was last updated on 5/25/2020 by MarketBeat.com Staff

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