Thursday, 21 February, 2019

Reduces Position in Starbucks Co. (SBUX)

Starbucks Corporation Analysts See $0.57 EPS Reduces Position in Starbucks Co. (SBUX)
Nellie Chapman | 20 January, 2018, 04:55

The company has market cap of $163.40 million. The firm operates through four divisions: Business Solutions, Entertainment Group, Consumer Mobility, and global. The price/earnings ratio (P/E) is 30.73 and the forward P/E ratio stands at 22.50. The Business Solutions segment offers wireless, fixed strategic, legacy voice and data, wireless equipment, and other services to business, governmental, and wholesale customers, as well as individual subscribers. (NASDAQ:FSLR). X Co Ltd Liability Corp reported 0.01% stake. In addition to sales through its company-operated retail stores, Starbucks sells whole bean coffees through a specialty sales group and supermarkets. Windward Cap Mgmt Co Ca holds 1.12% or 127,660 shares. Starbucks Corp Com now has $87.03 billion valuation. Trading volume for Starbucks Corporation was 9.17 Million in its previous trading session. About 68,383 shares traded. Starbucks Corporation (NASDAQ:SBUX) has risen 12.48% since January 19, 2017 and is uptrending. It has underperformed by 4.22% the S&P500.

Ratings analysis reveals 50% of eGain Comm.'s analysts are positive. Finally, Vetr cut shares of Starbucks from a "strong-buy" rating to a "buy" rating and set a $64.32 price objective on the a research note on Monday, November 13th. The lowest target is $41.0 while the high is $44.0. Piper Jaffray Companies reiterated a "buy" rating and set a $70.00 target price on shares of Starbucks in a research report on Friday, January 5th. Drexel Hamilton maintained Apple Inc. The rating was maintained by BTIG Research with "Buy" on Thursday, August 20. Drexel Hamilton has "Buy" rating and $185 target. The stock of Apple Inc. On Tuesday, October 11 the stock rating was downgraded by Citigroup to "Neutral". (NASDAQ:AAPL) earned "Overweight" rating by KeyBanc Capital Markets on Monday, October 16. FBR Capital maintained AT&T Inc. JP Morgan downgraded Johnson & Johnson (NYSE:JNJ) on Tuesday, January 2 to "Neutral" rating. FBR Capital has "Mkt Perform" rating and $44.0 target. Zuckerman Inv Group Limited Com holds 5,000 shares. (NYSE:STAG) rating on Wednesday, August 9.

The stock decreased 0.09% or $0.035 during the last trading session, reaching $37.115. Following the sale, the director now directly owns 34,000 shares in the company, valued at approximately $2,054,620. Apple Inc. (NASDAQ:AAPL) has risen 62.48% since January 19, 2017 and is uptrending. It has underperformed by 16.70% the S&P500. (NYSE:STAG) to report earnings on February, 15. The low EPS estimate is $0.36, while the high EPS estimate is $0.46.

For the current quarter, 29 analysts are projecting a mean EPS of $0.57/share.

Evercore Trust Company N.A. holds 23.59% of its portfolio in AT&T Inc. for 208.30 million shares.

Burt Wealth Advisors, which manages about $522.81 million and $152.73M US Long portfolio, upped its stake in Vanguard Index Fds (VTI) by 2,822 shares to 2,885 shares, valued at $374,000 in 2017Q3, according to the filing. Moreover, Qv Investors Inc. has 7.1% invested in the company for 2.16 million shares. The Massachusetts-based Anchor Advisors has invested 0.01% in STAG Industrial, Inc. Marianas Fund Limited Liability Company, a New York-based fund reported 121,700 shares. (NASDAQ:ILMN). First Manhattan invested in 0% or 1,872 shares. Following the completion of the transaction, the senior vice president now directly owns 10,438 shares in the company, valued at approximately $594,444.10. Targa Resources In (NYSE:TRGP) was raised too.

Since September 7, 2017, it had 0 buys, and 2 sales for $4.70 million activity.

Investors sentiment decreased to 0.97 in 2017 Q3. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.25 and a quick ratio of 0.93.

Shares of Starbucks Corporation (NASDAQ SBUX) opened at 59.50 on Friday. 972.68 million shares or 1.58% less from 988.30 million shares in 2017Q2 were reported. Starbucks Corporation (SBUX)'s value Change from Open was at -0.56% with a Gap of 0.73%. Moreover, Gamco Investors Et Al has 0.02% invested in Starbucks Corporation (NASDAQ:SBUX). Segall Bryant And Hamill Limited Liability Com holds 623,302 shares or 0.78% of its portfolio. Japan-based Meiji Yasuda Asset Mngmt Limited has invested 0.08% in Illumina, Inc. Ig Investment Management Ltd holds 0% or 26,327 shares. Argent Tru invested in 5,371 shares. EPS is an indicator of company profit because the more earnings a company can generate per share, the more valuable each share is to investors. Middleton And Incorporated Ma invested 0.96% of its portfolio in Starbucks Corporation (NASDAQ:SBUX). The Florida-based Butensky And Cohen Finance Security has invested 1.63% in Starbucks Corporation (NASDAQ:SBUX). Lincoln Capital Limited Liability Com holds 5.08% in Starbucks Corporation (NASDAQ:SBUX) or 153,226 shares. Savant Capital Ltd Liability Corp holds 0.16% or 13,514 shares.

Among 36 analysts covering Starbucks Corporation (NASDAQ:SBUX), 26 have Buy rating, 0 Sell and 10 Hold. CULVER JOHN also sold $3.47M worth of Starbucks Corporation (NASDAQ:SBUX) shares. They expect $-0.05 earnings per share, down 25.00% or $0.01 from last year's $-0.04 per share. One equities research analyst has rated the stock with a sell rating, twelve have assigned a hold rating, twenty have issued a buy rating and one has given a strong buy rating to the stock. Therefore 22% are positive. Starbucks Corporation had 85 analyst reports since July 28, 2015 according to SRatingsIntel. As per Wednesday, May 4, the company rating was maintained by Goldman Sachs. Jefferies maintained the stock with "Buy" rating in Wednesday, July 19 report. The rating was maintained by Wedbush with "Hold" on Friday, July 28. Jefferies maintained it with "Buy" rating and $32.0 target in Monday, September 25 report. The company was maintained on Thursday, August 31 by Cowen & Co. As per Tuesday, October 3, the company rating was maintained by Jefferies. The stock has "Buy" rating by Mizuho on Wednesday, November 1.

Since September 7, 2017, it had 0 buys, and 2 selling transactions for $4.70 million activity.