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Tuesday, March 21, 2023

Investors’ Patience Is Being Tested Right Now By Starbucks Corporation (NASDAQ: SBUX)

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. After-hours trades for Starbucks Corporation (SBUX) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.10, or 0.09%, to $108.50. The Starbucks Corporation has recorded 546,245 volume in the after hours trading session. Yahoo Finance discussed the stock recently as it posted Starbucks Announces Q1 Fiscal Year 2023 Results Conference Call.

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Stocks Info

Starbucks Corporation is listed on the NASDAQ as a member of the Consumer Cyclical sector and is a part of the Restaurants industry. At the end of the last regular session, the stock closed at $108.40 and fluctuated between $108.87 as its day high and $107.42 as its day low. The current market capitalization of Starbucks Corporation is $124.12B. A total of 6.88 million shares were traded on the day, compared to an average of 6.84M shares.

Insider Activity

Additionally, investors take into account insider trades when predicting how a stock will perform. During the recent three months, SBUX has seen 5 BUY and 16 SELL insider trades, representing the acquisition of 122,755 and the disposition of 44,800 shares. Over the last 12 months, there were 23 BUYs and 23 SELLs from insiders. Insiders purchased 496,320 shares during that period but sold 52,944.

In the most recent transaction, Ruggeri Rachel sold 3,960 shares of SBUX for 106.50 per share on Jan 09. After the transaction, the evp, cfo now owns 57,962 company shares. In a previous transaction on Dec 08, Shih Clara sold 7,000 shares at 103.29 per share. SBUX shares that Director owns now total 13,661.

Among the insiders who sold shares, Conway Michael Aaron disposed of 15,320 shares on Nov 23 at a per-share price of $99.14. This resulted in the group president International holding 68,579 shares of SBUX after the transaction. In another insider transaction, ALLISON RICHARD E JR bought 10,000 shares at $92.53 per share on Sep 15. Company shares held by the Director now total 23,658.


It is more appealing for investors to invest in companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook for the company. Starbucks Corporation pays an annual dividend of $2.12, resulting in a dividend yield of 1.96%, and it has a price to earnings (P/E) ratio of 38.26. SBUX’s most recent ex-dividend date was 2/9/2023 when it declared a $0.53 quarterly dividend that was paid in cash on 2/24/2023. Previously, the company paid the dividend on 11/25/2022 with an ex-dividend date of 11/9/2022. The SBUX stock dividend was $0.53 per share in cash.

Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. According to analysts who have offered 12-month price targets for SBUX in the last 3 months, the mean price target is $110.50 with high estimates of $125.00 and low estimates of $91.00. In terms of 52-week highs and lows, SBUX has a high of $109.76 and a low of $68.39.

As of this writing, SBUX has an earnings estimate of $0.72 per share for the current quarter. EPS was calculated based on a consensus of 27 estimates, with a high estimate of $0.81 per share and a lower estimate of $0.65.

Balance Sheet Annually/Quarterly

A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information.

Analysts Opinion

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Currently, 34 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for SBUX is Sell with a score of 3.83. A total of 12 analysts rated the stock as Buy while 3 rated it as Overweight while 19 rated it as Hold. Among the other participants, 0 thought the stock was Underweight and 0 thought it should be Sold.

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