Starbucks Corp. (NASDAQ: SBUX) Could Be Viewed Differently By Investors Because Of These Numbers

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Most recently, Yahoo Finance reported about the stock as it publicized that Starbucks Reports Q1 Fiscal 2024 Results.

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Stocks Info

SBUX belongs to the Consumer Cyclical sector of the NASDAQ while operating in the Restaurants industry. The current market capitalization of Starbucks Corp. is $110.16B. A total of 9.39 million shares were traded on the day, compared to an average of 1.08 shares.

Insider Activity

Investors also take into account insider trades in predicting how the stock will perform in the future. During the recent three months, SBUX has seen 5 BUY and 6 SELL insider trades, representing the acquisition of 111,742 and the disposition of 24,867 shares. Over the last 12 months, there were 17 BUYs and 19 SELLs from insiders. Insiders purchased 213,978 shares during that period but sold 40,672.

In the most recent transaction, KELLY SARA sold 250 shares of SBUX for 93.78 per share on Jan 22. After the transaction, the evp, chief partner officer now owns 47,213 company shares. In a previous transaction on Dec 21, KELLY SARA sold 250 shares at 95.00 per share. SBUX shares that evp, chief partner officer owns now total 47,434.

Among the insiders who sold shares, KELLY SARA disposed of 250 shares on Nov 21 at a per-share price of $104.45. This resulted in the evp, chief partner officer holding 47,532 shares of SBUX after the transaction. In another insider transaction, Ruggeri Rachel sold 842 shares at $106.20 per share on Nov 16. Company shares held by the evp, cfo now total 74,185.

Dividend

Paying dividends generates immediate cash flow for investors and indicates a positive outlook for the company. Starbucks Corp. pays an annual dividend of $2.31 (2.37%), resulting in a dividend yield of 2.20 (2.26%), and it has a price to earnings (P/E) ratio of 26.02. SBUX’s most recent ex-dividend date was 2/8/2024 when it declared a $0.57 quarterly dividend that was paid in cash on 2/23/2024. Previously, the company paid the dividend on 11/24/2023 with an ex-dividend date of 11/9/2023. The SBUX stock dividend was $0.57 per share in cash.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. According to analysts who have offered 12-month price targets for SBUX in the last 3 months, the mean price target is $108.09 with high estimates of $128.00 and low estimates of $95.00. In terms of 52-week highs and lows, SBUX has a high of $115.48 and a low of $89.21.

As of this writing, SBUX has an earnings estimate of $T. Rowe Price Ultra Short-Term per share for the current quarter. EPS was calculated based on a consensus of Starbucks Corporation estimates, with a high estimate of $SBUG per share and a lower estimate of $TBUX.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. SBUX’s latest balance sheet shows that the firm has $6.62B in Cash & Short Term Investments as of fiscal 2021. There were $23.61B in debt and $8.15B in liabilities at the time. Its Book Value Per Share was -$7.61, while its Total Shareholder’s Equity was -$5.31B.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 0 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 Buy with a score of 3.84.

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