61.09 0.00 (0.00%)
After hours: 4:00PM EST
|Bid||61.10 x 5400|
|Ask||61.11 x 3600|
|Day's Range||60.74 - 61.44|
|52 Week Range||52.58 - 64.87|
|PE Ratio (TTM)||31.01|
|Earnings Date||Jan 25, 2018|
|Forward Dividend & Yield||1.20 (1.98%)|
|1y Target Est||63.36|
Starbucks partnered with Joyride to bring draft cold brew to its foodservice accounts at hospitals, bookstores, universities and offices.
A Starbucks in downtown Seattle has ditched the cash register. The local daily paper takes a swipe at the much-ballyhooed Italian bakery at the flagship store. And Evolution Fresh, a Starbucks brand of cold-pressed juice, is getting ready for Green Juice Day.
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 said Tuesday that in addition to recycling its packaging waste, it will commit to making all of its packaging from renewable, recycled or certified sources that have no deforestation by 2025. Starbucks has settled a lawsuit with the nation's largest mall operator over the coffee company's closure of Teavana Stores.
There's nothing wrong with the company per se, but these three factors are working against the stock.
Earlier this week, Dunkin’ Donuts unveiled a glimpse of its future less than a mile from the original location in Quincy, Massachusetts. The first “next generation” concept store is a brighter, airier, hipper reboot of Dunkin. “Donuts” has been dropped from the name, only the third store to do so. Servers pour drinks from beer-tap-like…
What will your morning coffee look like in the future? If you’re a Dunkin' Donuts customer, you got a look at what’s coming on Monday when the company opened a prototype store in Quincy, Mass., the company’s ...
Simon Property (SPG) had earlier claimed that Starbucks' Teavana store closure in its malls would result in a breach of the company's lease obligations.
Moody's Investors Service (Moody's) has today assigned B2 ratings to the senior secured facilities being raised by EG Finco Limited (Finco), which will be used for a refinancing of existing debt and to ...
Starbucks may no longer be the growth engine it once was, but it’s still a solid choice for investors in search of a stable business with attractive dividend prospects.
Starbucks has settled a lawsuit with the nation's largest mall operator over the coffee company's closure of Teavana Stores. Simon Property Group Inc. filed a lawsuit in August after Seattle-based Starbucks announced plans to close all 379 Teavana stores by this spring , alleging the closures would violate Starbucks' leases in Simon malls. A federal judge ordered Starbucks to keep 77 Teavana stores open in Simon malls.
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.