Starbucks Corporations in-depth stock price analysis indicates that the stock price has rallied 0.81% in the past 12 Weeks but analyzing the 6 month chart of the stock, the price of the stock has managed to drop negative and it has dropped down to -1.87% . Looking at the past 52 week period, the stock price is up at 0.64% . Relative price strength is a important factor used by wealth management firms while investing in stocks since the indicator compares the stock performance with the overall market. The relative price strength of Starbucks Corporation has a negative value of -7 compared to overall market performance. Stocks of Starbucks Corporation (NASDAQ:SBUX) rallied by 2.11% during the past week but lost 2.82% on a 4-week basis. The company has outperformed the S&P 500 by 1.28% in the past week but underperformed the index by 4.56% in the last 4 weeks.
Starbucks Corporation (NASDAQ:SBUX) : On Friday heightened volatility was witnessed in Starbucks Corporation (NASDAQ:SBUX) which led to swings in the share price. The stock opened for trading at $55.73 and hit $56.395 on the upside , eventually ending the session at $56.22, with a gain of 0.73% or 0.41 points. The heightened volatility saw the trading volume jump to 11,178,950 shares. The 52-week high of the share price is $61.64 and the company has a market cap of $81,935 million. The 52-week low of the share price is at $50.84 .
Starbucks Corporation Last issued its quarterly earnings results on Jan 26, 2017. The company reported $0.52 EPS for the quarter. Analyst had a consensus estimate of $0.52. The company had revenue of $5732.90 million for the quarter, compared to analysts expectations of $5850.89 million. The companys revenue was up 6.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.46 EPS.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Starbucks Corporation was Downgraded by Argus to Hold on Feb 10, 2017. Starbucks Corporation was Initiated by Buckingham Research to Neutral on Nov 21, 2016.
Company has reported several Insider transactions to the SEC, on Feb 6, 2017, William W Bradley (director) sold 113,346 shares at 54.23 per share price.On Feb 2, 2017, Joshua Cooper Ramo (director) sold 5,868 shares at 55.23 per share price.On Dec 16, 2016, Lucy Lee Helm (evp, gen. counsel & secretary) sold 29,244 shares at 58.72 per share price.
Starbucks Corporation purchases and roasts high-quality whole bean coffees and sells them along with fresh, rich-brewed, Italian style espresso beverages, a variety of pastries and confections, and coffee-related equipments primarily through its company-operated retail stores. In addition to sales through its company-operated retail stores, Starbucks sells whole bean coffees through a specialty sales group and supermarkets. Additionally, Starbucks produces and sells bottled Frappuccino coffee drink and a line of premium ice creams through its joint venture partnerships and offers a line of innovative premium teas produced by its wholly owned subsidiary, Tazo Tea Company. The companys objective is to establish Starbucks as the most recognized and respected brand in the world.