Starbucks Corporation (NASDAQ:SBUX – Free Report) – Equities researchers at Zacks Research lowered their Q4 2026 earnings estimates for shares of Starbucks in a report issued on Tuesday, August 19th. Zacks Research analyst Team now forecasts that the coffee company will post earnings per share of $0.76 for the quarter, down from their previous forecast of $0.96. The consensus estimate for Starbucks’ current full-year earnings is $2.99 per share. Zacks Research also issued estimates for Starbucks’ FY2027 earnings at $3.31 EPS.
Several other equities analysts have also recently commented on the stock. TD Cowen raised their target price on shares of Starbucks from $90.00 to $95.00 and gave the company a “hold” rating in a research note on Wednesday, July 30th. Robert W. Baird raised shares of Starbucks from a “neutral” rating to an “outperform” rating and raised their target price for the company from $100.00 to $115.00 in a research note on Tuesday, August 12th. CICC Research began coverage on shares of Starbucks in a research note on Monday, June 30th. They set an “outperform” rating and a $100.00 target price on the stock. The Goldman Sachs Group reissued a “neutral” rating and set a $95.00 target price (up previously from $85.00) on shares of Starbucks in a research note on Thursday, June 12th. Finally, Baird R W raised shares of Starbucks from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, August 12th. One research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, nine have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, Starbucks presently has an average rating of “Moderate Buy” and a consensus price target of $104.40.
Starbucks Trading Down 0.2%
Starbucks stock opened at $88.38 on Friday. The stock has a market cap of $100.46 billion, a price-to-earnings ratio of 38.09, a PEG ratio of 5.25 and a beta of 1.02. The company’s 50-day moving average price is $92.49 and its two-hundred day moving average price is $93.41. Starbucks has a 52 week low of $75.50 and a 52 week high of $117.46.
Starbucks (NASDAQ:SBUX – Get Free Report) last issued its quarterly earnings data on Tuesday, July 29th. The coffee company reported $0.50 earnings per share for the quarter, missing the consensus estimate of $0.64 by ($0.14). The firm had revenue of $9.46 billion during the quarter, compared to the consensus estimate of $9.29 billion. Starbucks had a net margin of 7.18% and a negative return on equity of 36.23%. The company’s revenue for the quarter was up 3.8% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.93 earnings per share.
Starbucks Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Friday, August 29th. Investors of record on Friday, August 15th will be issued a $0.61 dividend. This represents a $2.44 dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date is Friday, August 15th. Starbucks’s payout ratio is presently 105.17%.
Institutional Inflows and Outflows
Several institutional investors have recently made changes to their positions in SBUX. University of Texas Texas AM Investment Management Co. purchased a new position in shares of Starbucks in the fourth quarter worth approximately $25,000. Game Plan Financial Advisors LLC purchased a new position in shares of Starbucks in the second quarter worth approximately $25,000. Transce3nd LLC increased its position in shares of Starbucks by 270.3% in the second quarter. Transce3nd LLC now owns 274 shares of the coffee company’s stock worth $25,000 after acquiring an additional 200 shares in the last quarter. Chelsea Counsel Co. purchased a new position in shares of Starbucks in the second quarter worth approximately $26,000. Finally, Hughes Financial Services LLC purchased a new position in shares of Starbucks in the first quarter worth approximately $27,000. 72.29% of the stock is owned by hedge funds and other institutional investors.
About Starbucks
Starbucks Corporation, together with its subsidiaries, operates as a roaster, marketer, and retailer of coffee worldwide. The company operates through three segments: North America, International, and Channel Development. Its stores offer coffee and tea beverages, roasted whole beans and ground coffees, single serve products, and ready-to-drink beverages; and various food products, such as pastries, breakfast sandwiches, and lunch items.
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