Starbucks Corporation (NASDAQ:SBUX) Receives Consensus Rating of “Moderate Buy” from Analysts

Starbucks Corporation (NASDAQ:SBUXGet Free Report) has been given a consensus rating of “Moderate Buy” by the twenty-eight brokerages that are currently covering the company, MarketBeat Ratings reports. Two research analysts have rated the stock with a sell rating, eight have given a hold rating and eighteen have issued a buy rating on the company. The average 1 year target price among brokers that have issued a report on the stock in the last year is $104.6667.

Several brokerages have weighed in on SBUX. Barclays set a $116.00 price target on Starbucks and gave the stock an “overweight” rating in a report on Friday, January 30th. Piper Sandler reiterated an “overweight” rating and issued a $103.00 target price (up from $100.00) on shares of Starbucks in a research note on Friday, January 30th. Guggenheim restated a “buy” rating and set a $90.00 price target on shares of Starbucks in a research note on Monday, January 26th. Wells Fargo & Company set a $110.00 price objective on shares of Starbucks in a research note on Wednesday, January 28th. Finally, BMO Capital Markets reissued an “outperform” rating and issued a $120.00 target price on shares of Starbucks in a research report on Friday, January 30th.

Read Our Latest Report on Starbucks

Key Starbucks News

Here are the key news stories impacting Starbucks this week:

Starbucks Trading Up 4.2%

Shares of NASDAQ:SBUX opened at $96.97 on Thursday. The company has a market capitalization of $110.48 billion, a PE ratio of 80.14, a P/E/G ratio of 2.08 and a beta of 0.96. Starbucks has a 12-month low of $75.50 and a 12-month high of $117.46. The business’s fifty day simple moving average is $88.60 and its 200-day simple moving average is $87.14.

Starbucks (NASDAQ:SBUXGet Free Report) last posted its quarterly earnings data on Wednesday, January 28th. The coffee company reported $0.56 EPS for the quarter, missing the consensus estimate of $0.59 by ($0.03). Starbucks had a negative return on equity of 28.66% and a net margin of 3.63%.The firm had revenue of $9.92 billion for the quarter, compared to the consensus estimate of $9.62 billion. During the same quarter last year, the firm earned $0.69 EPS. The company’s revenue was up 5.5% compared to the same quarter last year. Starbucks has set its FY 2026 guidance at 2.150-2.400 EPS. Research analysts predict that Starbucks will post 2.99 EPS for the current year.

Starbucks Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, February 27th. Stockholders of record on Friday, February 13th will be paid a $0.62 dividend. This represents a $2.48 annualized dividend and a dividend yield of 2.6%. The ex-dividend date is Friday, February 13th. Starbucks’s dividend payout ratio (DPR) is presently 204.96%.

Insider Activity at Starbucks

In other news, Director Jorgen Vig Knudstorp bought 11,700 shares of the company’s stock in a transaction that occurred on Monday, November 10th. The shares were purchased at an average price of $85.00 per share, for a total transaction of $994,500.00. Following the completion of the transaction, the director directly owned 53,096 shares in the company, valued at approximately $4,513,160. This represents a 28.26% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is accessible through the SEC website. 0.03% of the stock is owned by company insiders.

Institutional Trading of Starbucks

Large investors have recently made changes to their positions in the business. Game Plan Financial Advisors LLC acquired a new position in Starbucks during the second quarter valued at $25,000. Transce3nd LLC grew its position in Starbucks by 270.3% during the 2nd quarter. Transce3nd LLC now owns 274 shares of the coffee company’s stock worth $25,000 after purchasing an additional 200 shares during the period. Collier Financial purchased a new position in shares of Starbucks during the 3rd quarter valued at about $25,000. Rachor Investment Advisory Services LLC acquired a new position in shares of Starbucks in the 4th quarter valued at about $25,000. Finally, Y.D. More Investments Ltd acquired a new position in shares of Starbucks in the 3rd quarter valued at about $26,000. 72.29% of the stock is owned by hedge funds and other institutional investors.

About Starbucks

(Get Free Report)

Starbucks Corporation is a global coffeehouse chain and roaster that operates, licenses and franchises coffee shops and related retail businesses. Founded in Seattle, Washington in 1971 by Jerry Baldwin, Zev Siegl and Gordon Bowker, the company grew from a single store focused on whole-bean coffee and equipment into a broad consumer-facing brand. Howard Schultz, who joined the company later and served in senior leadership roles, is widely credited with transforming Starbucks into a mass-market specialty coffee retailer and expanding its footprint internationally.

Starbucks’ core activities center on the retail sale of hot and cold specialty beverages, whole-bean and packaged coffees, teas and ready-to-drink products, along with complementary food items and merchandise such as mugs and brewing equipment.

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Analyst Recommendations for Starbucks (NASDAQ:SBUX)

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