Are Things Looking Up For 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.

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Stocks Info

The company is listed on the NASDAQ and operates within the Restaurants industry segment. The current market capitalization of Starbucks Corp. is $96.43B. A total of 9.66 million shares were traded on the day, compared to an average of 8.58M shares.

In the most recent transaction, KELLY SARA sold 250 shares of SBUX for 92.63 per share on Mar 21 ’24. After the transaction, the evp, chief partner officer now owns 46,924 company shares. In a previous transaction on Feb 21 ’24, KELLY SARA sold 250 shares at 93.86 per share. SBUX shares that evp, chief partner officer owns now total 46,963.

Among the insiders who sold shares, Conway Michael Aaron disposed of 3,250 shares on Feb 15 ’24 at a per-share price of $94.03. This resulted in the group president International holding 84,153 shares of SBUX after the transaction. In another insider transaction, KELLY SARA sold 250 shares at $93.78 per share on Jan 22 ’24. Company shares held by the evp, chief partner officer now total 47,213.

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 2.58%, and it has a price to earnings (P/E) ratio of 22.78. SBUX’s most recent ex-dividend date was 5/16/2024 when it declared a $0.57 quarterly dividend that was paid in cash on 5/31/2024. Previously, the company paid the dividend on 2/23/2024 with an ex-dividend date of 2/8/2024. 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. In terms of 52-week highs and lows, SBUX has a high of $115.48 and a low of $84.29.

As of this writing, SBUX has an earnings estimate of $TBUX per share for the current quarter. EPS was calculated based on a consensus of Starbucks Corporation estimates, with a high estimate of $ICE Leveraged 2x SBUX Index per share and a lower estimate of $SBUG.

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 3.88.

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