There’s No Need To Panic Or Freeze When It Comes To Starbucks Corp. (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. The stock was recently discussed on Yahoo Finance as it revealed that Strategic Organizing Center Releases Investor Presentation Highlighting Why Board Change is Needed Now in Order to Brew a Better Starbucks.

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Stocks Info

The company is listed on the NASDAQ and operates within the Restaurants industry segment. At the end of the last regular session, the stock closed at $95.78 and fluctuated between $96.07 as its day high and $94.14 as its day low. The current market capitalization of Starbucks Corp. is $108.44B. A total of 8.12 million shares were traded on the day, compared to an average of 8.79M shares.

Insider Activity

Furthermore, investors take into consideration insider trades when predicting a stock’s future trajectory. During the recent three months, SBUX has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 16 BUYs and 15 SELLs from insiders. Insiders purchased 211,016 shares during that period but sold 35,543.

In the most recent transaction, KELLY SARA sold 250 shares of SBUX for 93.86 per share on Feb 21. After the transaction, the evp, chief partner officer now owns 46,963 company shares. In a previous transaction on Feb 15, Conway Michael Aaron sold 3,250 shares at 94.03 per share. SBUX shares that group president International owns now total 84,153.

Among the insiders who sold shares, KELLY SARA disposed of 250 shares on Jan 22 at a per-share price of $93.78. This resulted in the evp, chief partner officer holding 47,213 shares of SBUX after the transaction. In another insider transaction, KELLY SARA sold 250 shares at $95.00 per share on Dec 21. Company shares held by the evp, chief partner officer now total 47,434.

Dividend

The dividend paying company demonstrates a positive outlook for investors and helps them generate immediate cash. Starbucks Corp. pays an annual dividend of $2.20, resulting in a dividend yield of 2.30%, and it has a price to earnings (P/E) ratio of 25.61. 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.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. According to analysts who have offered 12-month price targets for SBUX in the last 3 months, the mean price target is $107.38 with high estimates of $127.00 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 $0.82 per share for the current quarter. EPS was calculated based on a consensus of 27 estimates, with a high estimate of $0.9 per share and a lower estimate of $0.78. The company reported an EPS of $1.06 in the last quarter, which was 9.30% higher than expectations of $0.97.

Balance Sheet Annually/Quarterly

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on 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 may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. 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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