SBUX - Starbucks Corporation

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
76.66
-2.25 (-2.85%)
At close: 4:00PM EDT

76.66
After hours: 5:19PM EDT

Stock chart is not supported by your current browser
Previous Close78.91
Open78.30
Bid76.76 x 4000
Ask76.85 x 900
Day's Range76.57 - 78.42
52 Week Range47.37 - 79.65
Volume10,869,820
Avg. Volume8,335,630
Market Cap92.851B
Beta (3Y Monthly)0.43
PE Ratio (TTM)33.11
EPS (TTM)2.32
Earnings DateJul 25, 2019
Forward Dividend & Yield1.44 (1.85%)
Ex-Dividend Date2019-05-08
1y Target Est77.64
Trade prices are not sourced from all markets
  • 5 things to know about newly-public Chinese Starbucks competitor Luckin Coffee
    MarketWatch3 hours ago

    5 things to know about newly-public Chinese Starbucks competitor Luckin Coffee

    Luckin Coffee Inc., a China-based company that has quickly become a key competitor to Starbucks Corp. in that country, has filed paperwork to go public.

  • MarketWatch5 hours ago

    Starbucks opening a store designed for the deaf and hearing impaired in China

    Starbucks Corp. said Monday that it is opening a store designed for the deaf and hearing impaired in China, the first in that country but third of its kind. The store, which will be located near the Guangdong Disabled Association and Guangdong Deaf People Association, will offer jobs for the deaf community. Starbucks currently has more than 100 staff members with physical challenges in China. Starbucks' other two signing stores are in Malaysia, which opened in 2016, and Washington, D.C., which launched in 2018. Starbucks stock is up 19.5% for the year to date, outpacing the S&P 500 index , which is up 13.5% for the period.

  • Why Luckin Coffee Stock Could Be A Big Winner
    InvestorPlace6 hours ago

    Why Luckin Coffee Stock Could Be A Big Winner

    Hyper-growth China retail coffee operator Luckin Coffee (NYSE:LK) made its highly anticipated Wall Street debut on May 17, and it was nothing short of a smashing success. Strong investor demand propelled Luckin to price its IPO at $17, at the high end of its initial $15 to $17 target range. Then, Luckin Coffee stock opened at $25, up nearly 50% from its already boosted IPO price. To be sure, the stock fell off those $25 highs. But, as of this writing, LK stock trades between $21 and $22, or up more than 20% from its IPO price.Source: Shutterstock In other words, the Luckin Coffee IPO was a big success.This success is no fluke. Many people call Luckin Coffee "the Starbucks (NASDAQ:SBUX) of China." That comparison is pretty accurate. This is the fastest growing and second largest retail coffee operator in China, and is on track to soon become the largest player in the space. At the same time, the China economy is rapidly urbanizing and expanding, and the coffee market in that economy is surging higher.InvestorPlace - Stock Market News, Stock Advice & Trading TipsAltogether, Luckin Coffee is the fastest growing and soon to be the biggest player in a very quickly growing Chinese coffee marketplace. Ultimately, as Luckin continues to expand share in this hyper-growth market over the next several years, Luckin Coffee stock will head higher.How much higher? Significantly higher. By my numbers, I think Luckin Coffee could be worth in excess of $10 billion one day. The current market cap on LK stock hovers in the $4 to $5 billion range.Consequently, long-term upside potential in Luckin Coffee stock is quite compelling. The China Coffee Market Will Be HugeFrom a growth perspective, the China economy is second to none on the global stage. This is a massive economy, with well over a billion people, the majority of whom are urbanizing and digitizing at an exceptional pace. The net result is that the economy is rapidly expanding, led mostly by robust growth in the consumer economy.One part of this consumer economy that is particularly strong is the retail coffee market. Consumer expenditures and retail sales in China are rising at a healthy high single-digit rate. But, the coffee market in China is growing much more quickly, averaging roughly 20% growth on an annual basis. * 10 Baby Boomer Stocks to Buy Still, China coffee consumption per capita is low. Chinese consumers drink about three cups of coffee per year. U.S. consumers drink about 360 cups of coffee per year. That is a hundred-fold difference. To be sure, China GDP per capita and household expenditures per capita are about one-tenth the size of U.S. GDP and expenditures per capita. That explains some of the divergence. But, only about 10% of it.Thus, the Chinese coffee market is growing very quickly, and has plenty of room to keep growing at 15-20% pace over the next several years. Luckin Coffee Will Be An Important PlayerAt the current moment, Luckin Coffee is a relatively small player in the Chinese coffee marketplace. They only operate about 2,400 stores, out of 100,000 coffee houses in China.But, eighteen months ago, that number stood at zero. Thus, over the past 18 months, Luckin has opened over 2,000 coffee stores, making this company the fastest growing player in the China coffee market.This robust store opening rate will continue. Luckin Coffee operates on a unique model. They focus on smaller stores, which don't have much seating area and are focused simply on serving coffee so that consumers are in-and-out. To complement these quick-service-style stores, Luckin has built out a robust online and mobile ordering channel so that consumers can order ahead, run into the store, pick up the coffee and get out quickly. All the while, Luckin offers coffee at industry low prices.In other words, Luckin is doing the two things it needs to do most: minimize cost and maximize convenience. Because they are doing this, Luckin will inevitably transform into a very important player in the China coffee marketplace.How important? It's easy to see this company being as big as Starbucks in the Chinese marketplace. Starbucks has nearly 4,000 stores in China today, and plans to grow that to base 6,000 over the next few years. Luckin consequently has a realistic and visible runway to 6,000-plus stores over the next several years. This Could Be A $10 Billion-Plus Company One DayGiven the company's favorable long-term growth prospects, there is an opportunity for Luckin Coffee to one day turn into a $10 billion-plus company.Here's the math. Starbucks company-operated stores on a global basis do about $1.3 million in sales per store. Luckin probably won't be able to do that, given lower China expenditures per capita and their smaller stores. But, about $1 million in sales per store seems doable. On a 6,000 store base, that implies $6 billion in revenues at scale. * 7 A-Rated Healthcare Stocks for Industry Expansion Starbucks operates at ~20% operating margins. But, that's a blended model of licensed and company-operated stores. Luckin's model is completely company-operated. Luckin also has less scale to lever expenses. That combo broadly implies that ~10% operating margins are doable at scale, which implies roughly $600 million in operating profits. Taking out 25% for taxes, that yields $450 million in net profits.Based on a Starbucks' five-year average forward earnings multiple of 25, that equates to a long run market cap target of over $11 billion. Lucking Coffee stock has a market cap of between $4 and $5 billion. Bottom Line on LK StockThe Luckin Coffee IPO was a huge success because Luckin Coffee stock has tremendous long-term growth potential. At scale, this long-term growth potential implies that LK stock could more than double from current levels over the long run. As such, for long-term investors, Luckin Coffee stock is the type of stock you want to buy into on weakness.As of this writing, Luke Lango did not hold a position in any of the aforementioned securities, but may initiate a long position in LK within the next 72 hours. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 7 High-Yield REITs to Buy (Even When the Market Tanks) * 5 Great Blue-Chip Stocks to Buy Today * 7 Tech Stocks to Buy That Are Also Perfect for Retirement Compare Brokers The post Why Luckin Coffee Stock Could Be A Big Winner appeared first on InvestorPlace.

  • TheStreet.com8 hours ago

    Betting Luckin Coffee's Luck Will Run Out

    The shares of the largest Chinese stock offering so far this year rose as much as 52.7% as they listed last Friday. Luckin Coffee's growth trajectory will see it go from no stores in November 2017, when it was founded, to 2,370 outlets now. , which has 3,600 stores in China, a market it entered in 1999.

  • Barrons.com12 hours ago

    Podcast: Why Bitcoin Has Rallied 90% This Year

    The White House has threatened to introduce 25% tariffs on $200 billion of Chinese goods. China is a large part of Apple’s supply chain, and FactSet estimates Apple gets almost 20% of its revenues from there.

  • Burning Cash Is Strategy of Choice for China's Starbucks Rival
    Bloomberg16 hours ago

    Burning Cash Is Strategy of Choice for China's Starbucks Rival

    For now, American investors seem impressed enough by Luckin’s aggressive expansion plan for the Xiamen-based company to raise a higher-than-expected $561 million in its initial public offering Thursday. Reinout Schakel, the company’s chief financial officer, said he was pleased with the trading debut. The Chinese startup is seeking to overtake Starbucks, opening more stores in two years than the industry giant has in 20 years.

  • Luckin, a Starbucks rival in China, rises in US stock debut
    Associated Press3 days ago

    Luckin, a Starbucks rival in China, rises in US stock debut

    NEW YORK (AP) — Shares of Luckin Coffee, a fast-growing rival to Starbucks in China, rose 20% in their U.S. stock market debut Friday.

  • After Hours: Qualcomm Hangups, Luckin Coffee's Debut
    Motley Fool3 days ago

    After Hours: Qualcomm Hangups, Luckin Coffee's Debut

    The post-market trading scene isn't particularly on fire, although there was a hot IPO during the day.

  • GuruFocus.com3 days ago

    Bill Ackman Comments on Starbucks

    SBUX's (NASDAQ:SBUX) fiscal second quarter results lend further support to our belief in the company's wide competitive moat and its long-term, high -single-digit revenue growth outlook. Starbucks' store base grew 7% this quarter to more than 30,000 stores globally. Warning! GuruFocus has detected 5 Warning Sign with HLT.

  • GuruFocus.com3 days ago

    Bill Ackman's Pershing Square 1st Quarter Letter to Shareholders

    Pershing Square Holdings generated strong performance during the first quarter of 2019 and year-to -date. NAV per share increased 36.9% during the first quarter and by 38.4%1 year-to-date, compared with the S&P 500's year-to-date total return of 13.9%. Warning! GuruFocus has detected 5 Warning Signs with FNMA.

  • Starbucks' Chinese nemesis surges 20% in public debut
    TechCrunch3 days ago

    Starbucks' Chinese nemesis surges 20% in public debut

    After opening at $17.00, shares of the Chinese Starbucks competitor climbed as high as $25.96, or more than 50%, before settling back down to $20.38 at the market's close. The company has a market cap north of $5 billion after its first day of trading. The brick-and-mortar coffee chain has achieved major success in China by offering speedy delivery services to Chinese consumers.

  • What Happened in the Stock Market Today
    Motley Fool3 days ago

    What Happened in the Stock Market Today

    Pinterest fell after it reported results for the first time since its IPO and Chinese coffee chain Luckin Coffee went public.

  • Associated Press3 days ago

    Business Highlights

    A rare mix of geopolitical tensions in the Middle East and China is tugging oil prices in opposite directions and creating uncertainty over where they might land. Deteriorating trade talks between the United States and China have threatened to drive down the cost of oil and gasoline. WASHINGTON (AP) -- Caught in a sprawling trade dispute with U.S. rival China, President Donald Trump has decided against declaring commercial war on America's friends.

  • China Starbucks Rival Luckin Jumps After $561 Million IPO
    Bloomberg3 days ago

    China Starbucks Rival Luckin Jumps After $561 Million IPO

    Luckin sold 33 million American depositary shares Thursday for $17 each, after marketing 30 million shares for $15 to $17. The IPO topped earlier expectations of a share sale that people familiar with the plans said in February could raise about $300 million. Concurrent with the IPO, the company raised an additional $50 million through a private placement with Louis Dreyfus Co., according to its filings.

  • Barrons.com3 days ago

    The Luckin Coffee IPO Is Today. Here’s Everything You Need to Know About the ‘Starbucks of China’

    Luckin Coffee is challenging Starbucks’ long-held dominance of China’s freshly-brewed coffee market. It has expanded rapidly in less than two years.

  • Luckin Coffee Climbs 20% In Trading Debut For Chinese Starbucks Rival
    Investor's Business Daily3 days ago

    Luckin Coffee Climbs 20% In Trading Debut For Chinese Starbucks Rival

    Chinese Starbucks rival Luckin Coffee rallied on its first day of trading Friday after pricing an upsized IPO at the high end of its range.

  • Barrons.com3 days ago

    Luckin Coffee Stock Soared on Its IPO

    Chinese coffee chain Luckin Coffee started trading on the public markets Friday—and the stock started hot. (LK) stock, trading on the Nasdaq exchange under the ticker symbol LK, quickly surged 47% above the IPO price of $17. It rose almost as high as $26 per share before closing at $20.38 per share, for a one-day gain of 19.9% over the IPO price.

  • What you need to know about Luckin Coffee on its IPO day
    Yahoo Finance3 days ago

    What you need to know about Luckin Coffee on its IPO day

    China's homegrown coffee chain Luckin Coffee is seeking help from the U.S. capital markets in its quest to overtake Starbucks.

  • Benzinga3 days ago

    Chipotle, Starbucks, Restaurant Brands Among Pershing Square's Top Q1 Performers

    Pershing Square Holdings , the hedge fund controlled by billionaire Bill Ackman , reported strong performance in the first quarter of 2019. The fund’s net asset value per share increased 36.9 percent during ...

  • Luckin Coffee, a Starbucks Rival, Sees Shares Spike in IPO
    Motley Fool3 days ago

    Luckin Coffee, a Starbucks Rival, Sees Shares Spike in IPO

    Stock for the Chinese start-up soared in its market debut Friday. Here's what it means for investors.

  • Earnings Reports for the Week of May 20-24 (INTU, JWN, KSS)
    Kiplinger3 days ago

    Earnings Reports for the Week of May 20-24 (INTU, JWN, KSS)

    Check out our weekly earnings calendar and read the latest quarterly earnings previews.

  • Why Luckin Coffee Stock Popped 26% Today
    Motley Fool3 days ago

    Why Luckin Coffee Stock Popped 26% Today

    Investors were enthusiastic about the fast-growing Chinese coffee chain on its IPO day, though it's far from turning a profit.

  • Reuters3 days ago

    Starbucks' China rival Luckin surges in market debut

    The IPO gives Luckin more firepower and exposure to fuel its ambitious plan of overtaking Starbucks in China this year as the largest coffee chain by number of outlets. Luckin has 2,370 stores in China and plans to open 2,500 more this year to go past Seattle-based Starbucks, which has long dominated China's coffee scene and has over 3,600 stores in the country.

  • Starbucks rival Luckin Coffee soars in trading debut
    Yahoo Finance Video3 days ago

    Starbucks rival Luckin Coffee soars in trading debut

    The next hotly anticipated unicorn is off to the races with Chinese coffee chain Luckin Coffee debuting on the NASDAQ. Yahoo Finance's Zack Guzman & Jeanie Ahn, along with Flat World Partners CEO Anna-Marie Wascher discuss with Marcum Bernstein & Pinchuk Drew Bernstein.