Starbucks Corporation (NASDAQ:SBUX) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Shares of Starbucks Corporation (NASDAQ:SBUXGet Free Report) have earned a consensus recommendation of “Moderate Buy” from the twenty-eight analysts that are currently covering the company, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell rating, twelve have given a hold rating and fifteen have assigned a buy rating to the company. The average twelve-month price target among brokers that have updated their coverage on the stock in the last year is $103.8077.

SBUX has been the topic of several recent analyst reports. Barclays set a $116.00 target price on shares of Starbucks and gave the company an “overweight” rating in a report on Friday, January 30th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Starbucks in a research report on Monday, December 29th. Zacks Research upgraded Starbucks from a “strong sell” rating to a “hold” rating in a report on Tuesday, January 27th. Dbs Bank upgraded Starbucks from a “strong sell” rating to a “moderate sell” rating in a research report on Friday, March 20th. Finally, Bank of America set a $114.00 target price on Starbucks in a research note on Wednesday, January 21st.

Check Out Our Latest Analysis on SBUX

Key Starbucks News

Here are the key news stories impacting Starbucks this week:

Starbucks Stock Down 1.6%

Shares of SBUX opened at $91.22 on Friday. Starbucks has a 52-week low of $75.50 and a 52-week high of $104.82. The company has a market capitalization of $103.93 billion, a PE ratio of 75.39, a price-to-earnings-growth ratio of 2.07 and a beta of 0.93. The stock has a fifty day simple moving average of $96.10 and a two-hundred day simple moving average of $88.71.

Starbucks (NASDAQ:SBUXGet Free Report) last announced its quarterly earnings results on Wednesday, January 28th. The coffee company reported $0.56 earnings per share for the quarter, missing the consensus estimate of $0.59 by ($0.03). Starbucks had a net margin of 3.63% and a negative return on equity of 28.66%. The firm had revenue of $9.92 billion for the quarter, compared to analyst estimates of $9.62 billion. During the same period in the previous year, the firm posted $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. As a group, equities analysts anticipate that Starbucks will post 2.99 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, CEO Brady Brewer sold 1,641 shares of the firm’s stock in a transaction dated Thursday, March 5th. The stock was sold at an average price of $97.12, for a total transaction of $159,373.92. Following the completion of the sale, the chief executive officer directly owned 86,605 shares of the company’s stock, valued at approximately $8,411,077.60. This trade represents a 1.86% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Sara Kelly sold 2,500 shares of the business’s stock in a transaction dated Thursday, March 5th. The shares were sold at an average price of $97.12, for a total transaction of $242,800.00. Following the completion of the sale, the executive vice president owned 59,609 shares in the company, valued at approximately $5,789,226.08. This trade represents a 4.03% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 4,729 shares of company stock valued at $460,974. Company insiders own 0.03% of the company’s stock.

Hedge Funds Weigh In On Starbucks

Several large investors have recently made changes to their positions in SBUX. Transce3nd LLC increased its holdings in Starbucks by 270.3% in the 2nd quarter. Transce3nd LLC now owns 274 shares of the coffee company’s stock valued at $25,000 after purchasing an additional 200 shares during the last quarter. Collier Financial purchased a new stake in Starbucks in the third quarter valued at approximately $25,000. Rachor Investment Advisory Services LLC acquired a new position in Starbucks during the fourth quarter worth $25,000. Cornerstone Financial Management LLC purchased a new position in shares of Starbucks during the fourth quarter worth $25,000. Finally, Phillip James Consulting Co. purchased a new position in shares of Starbucks during the fourth quarter worth $25,000. 72.29% of the stock is currently owned by institutional investors and hedge funds.

Starbucks Company Profile

(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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