|Bid||60.650 x 700|
|Ask||60.660 x 300|
|Day's Range||60.300 - 61.100|
|52 Week Range||52.580 - 64.870|
|PE Ratio (TTM)||30.75|
|Forward Dividend & Yield||1.20 (1.99%)|
|1y Target Est||N/A|
Simon Property Group and Starbucks have reached a settlement over a lawsuit by the mall owner that had sought to prevent Starbucks from closing Teavana stores in its shopping centers.
As of January 11, 2018, Starbucks (SBUX) was trading at $60.0. On the same day, analysts were expecting the company’s stock price to reach $62.81 in the next 12 months, which represents a return potential of 4.7% from its current stock price. From the above graph, we can see that analysts have lowered their target prices from $64 at the beginning of 2017 to $61.95 in December 2017.
The valuation multiple helps investors assess comparable companies. The forward PE multiple is calculated by dividing the company’s current stock price from analysts’ earnings estimate for the next four quarters. As of January 11, 2018, Starbucks was trading at a forward PE multiple of 24.5x compared to 25.0x at the beginning of 2017.
The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Over the last month, growth of ETFs holding SBUX is favorable, with net inflows of $16.43 billion. This is among the highest net inflows seen over the last one-year and the rate of additional inflows appears to be increasing.
Starbucks partnered with Joyride Coffee to bring draft cold brew coffee to its foodservice accounts at hospitals, bookstores, universities and offices.
For fiscal 2018, analysts expect Starbucks (SBUX) to post revenue of $24.57 billion, which represents growth of 9.8% from $22.39 billion in fiscal 2017. In the long run, Starbucks’s management expects its revenue growth to be in the high single digits, while its SSSG (same-store sales growth) is expected to be in the range of 3%–5%. Starbucks’s fiscal 2018 revenue growth is expected to be driven by the addition of new restaurants, positive SSSG, and growth in sales from the Channel Development segment.
In fiscal 2017, Starbucks (SBUX) posted revenue of $22.39 billion, which represents growth of 5.0% from its $21.32 billion in fiscal 2016. The revenue growth was driven by the addition of new restaurants, positive SSSG (same-store sales growth), and an increase in revenue from channel development and other segments. The revenue growth was driven by the addition of 768 new company-owned restaurants, which contributed $869 million.
Starbucks is expanding aggressively, especially in China, but the company has been grappling with slowing comparable sales growth at its existing stores. Based on its 2017 fiscal year results, the company has revised its comparable sales growth numbers to the range of 3% to 5%.
Business may not be frothy hot at Starbucks Corporation (NASDAQ:SBUX) by the standards of days gone by. But for bullish investors, using a long butterfly strategy off of the Starbucks stock options menu offers a nice blend of reduced and limited risk with sweet profit potential worthy of making growth stock traders blush. Let me explain.
One of the best business books I’ve ever read is Pour Your Heart Into It by Starbucks Corporation (NASDAQ:SBUX) Executive Chairman Howard Schultz. Schultz has always been committed to doing right by employees, especially the baristas working on the front lines in cities across America. As most investors are aware, the coffee business has gone crazy over the past 25 years since Starbucks went public.
Here is a quick look at stories about the leading brands in the fast-casual restaurant industry recently reported by The Business Journals. The Oak Brook, Illinois-based fast food chain discreetly announced the change via its website on Wednesday, in addition to its plan to adopt 100 percent fiber-based packaging in two years. Toyota Motor Corporation (TM), which hosts its North American headquarters in Plano, unveiled a concept vehicle Monday morning at the CES conference in Las Vegas.
Lost in the wave of publicity surrounding Wal-Mart Stores Inc.’s decision to raise its minimum wage to $11 an hour was perhaps an even bigger announcement: The company is instituting one of the most generous ...
Starbucks Corp. has introduced its first new espresso variation in 40 years. Customers can order shots of Blonde espresso – a lighter roast compared to Starbucks' original espresso with a "smooth and bright" flavor – in any espresso drink in more than 8,000 locations. Starbucks tested the new espresso in international markets including Canada.
A judge has tossed out a lawsuit that accused Starbucks of underfilling latte orders to cut costs on milk. U.S. District Judge Yvonne Gonzalez Rogers in Oakland, California, said there was no evidence showing that Seattle-based Starbucks cheated customers by underfilling their cups below the “fill-to” lines, according to Reuters . Starbucks argued that the “fill-to” lines show baristas how much cold milk to pour into pitchers, Reuters reported.
A Memphis-based company has launched a social media campaign to take its brand back from Starbucks Corp. GiveGood Inc. — which has a pending status to become a Benefit Corporation or for-profit business with a greater good purpose — was founded in Memphis in August 2016 by David Dunavant.
The launch of the Starbucks Blonde Espresso marks the first time in 40 years that the company has introduced a new core espresso option in the U.S. This new addition is a permanent one that customers will be able to order any time of the year. The Starbucks Blonde Espresso didn’t make its first appearance in the U.S. Instead, the coffee chain first tested it out in other countries. The new Starbucks Blonde Espresso brings a much different flavor to the menu than the normal espresso.
Starbucks rolls out Blonde Espresso, its first new espresso blend in 40 years. It's much different than its conventional coffee.