61.04 +0.38 (0.63%)
Pre-market: 8:31AM EST
|Bid||61.00 x 700|
|Ask||61.20 x 300|
|Day's range||60.52 - 61.33|
|52-week range||52.58 - 64.87|
|PE ratio (TTM)||30.79|
|Earnings date||25 Jan 2018|
|Forward dividend & yield||1.20 (1.98%)|
|1y target est||63.36|
There's nothing wrong with the company per se, but these three factors are working against the stock.
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.
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.
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.
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%.
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 Corporation plans to release its first quarter fiscal year 2018 financial results after the market close on Thursday, January 25, 2018 with a conference call to follow at 2:00 p.m.
Starbucks rolls out Blonde Espresso, its first new espresso blend in 40 years. It's much different than its conventional coffee.