Starbucks Corp. (NASDAQ:SBUX) price is hovering higher on Monday, April 15, jumping 0.82% above its previous close.
A look at today’s price movement shows that the recent level at last check reads $84.92. The company’s P/E ratio in the trailing 12-month period read 22.90. Taking into account the 52-week price action we note that the stock hit a 52-week high of $115.48 and 52-week low of $84.29. The stock subtracted -6.59% on its value in the past month.
Starbucks Corp., which has a market valuation of $96.94 billion. The company stock has a Forward Dividend ratio of 2.20, while the dividend yield is 2.57%. It is understandable that investor optimism is growing ahead of the company’s current quarter results.
Revisions to the company’s EPS highlights a short term direction of a stock’s price movement, which in the last 7 days came up with no upward and no downward reviews. On the technical perspective front, indicators give SBUX a short term outlook of 100% Sell on average. Looking at the stock’s medium term indicators we note that it is averaging as a 100% Sell, while an average of long term indicators are currently assigning the stock as 100% Sell.
If we dive deeper into the stock’s performance we see the positive picture represented by the PEG ratio, currently standing at 1.45. The overview shows that SBUX’s price is at present -4.16% off the SMA20 and -6.83% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 30.79, with weekly volatility standing at 1.36%. The indicator jumps to 1.39% when calculated based on the past 30 days. Starbucks Corp. (NASDAQ:SBUX)’s beta value is holding at 0.98, while the average true range (ATR) indicator is currently reading 1.38.
An analysis of the Starbucks Corp. (NASDAQ:SBUX) stock in terms of its daily trading volume indicates that the 3-month average is 8.58 million.
Current records show that the company has 1.14B in outstanding shares. The insiders’ percentage holdings are 2.62% of outstanding shares while the percentage share held by institutions stands at 72.96%. But the -10.82% downside, the stock’s price has registered year-to-date as of today’s value, will likely reignite investor interest given the prospect of it rallying even higher.
