Company Update (NASDAQ:SBUX): ‘Business Lessons Learned from My Starbucks Barista’

Starbucks Corporation (NASDAQ:SBUX) [at noodls] – Sunscreen? Check. Blanket? Got it. Starbucks? On the way. Business lessons? We’re picking those up too. A North Carolina family’s weekend trip to the beach started with a stop at their local Starbucks …
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Starbucks Corporation (SBUX), valued at $57.62B, started the session at $77.33.
 
During the trading session, SBUX traded between $76.56 to $77.44 and has traded between $67.93 and $82.50 over the past 12 months.
 
Starbucks (SBUX) shares are currently priced at 28.78x this year’s forecasted earnings, which makes them relatively expensive compared to the industry’s 12.19x earnings multiple for the same period.
 
And for those looking to make a return holding the stock, the company pays shareholders $1.04 per share annually in dividends, yielding 1.40%.
 
According to a consensus of 16 analysts, the earnings estimate of $0.74 per share would be $0.11 better than the year-ago quarter and a $0.00 sequential decrease. The full-year EPS estimate is $2.68, which would be a $0.42 better than last year.
 
The quarterly earnings estimate is based on a consensus revenue forecast of the current quarter of $4.23 Billion. If realized, that would be a 11.32% increase over the year-ago quarter.
 
In terms of ratings, Standpoint Research Initiated SBUX at Strong Sell (May 28, 2014). Previously, RBC Capital Mkts Initiated SBUX at to Outperform.
 
When considering if perhaps the stock is under or overvalued, the average price target is $90.22, which is 16.67% above where the stock opened this morning.
 
Summary (NASDAQ:SBUX) :  Starbucks Corporation operates as a roaster, marketer, and retailer of specialty coffee worldwide. Its stores offer coffee and tea beverages, packaged roasted whole bean and ground coffees, single serve products, and juices and bottled water. The company’s stores also provide fresh food offerings; ready-to-drink beverages; and various food products, including pastries, and breakfast sandwiches and lunch items, as well as beverage-making equipment and accessories. In addition, it licenses the rights to produce and distribute Starbucks branded products to The North American Coffee Partnership with the Pepsi-Cola Company, as well as licenses its trademarks through licensed stores, grocery, and national foodservice accounts. The company offers its products under the Starbucks, Teavana, Tazo, Seattle’s Best Coffee, Starbucks VIA, Starbucks Refreshers, Evolution Fresh, La Boulange, and Verismo brand names. As of September 29, 2013, it operated approximately 10,194 company-operated stores and approximately 9,573 licensed stores. Starbucks Corporation was founded in 1985 and is based in Seattle, Washington.
 
Tag Helper ~ Stock Code: SBUX | Common Company name: Starbucks | Full Company name: Starbucks Corporation (NASDAQ:SBUX) .

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