Starbucks Corporation (NASDAQ:SBUX) Receives Consensus Recommendation of “Moderate Buy” from Brokerages

Starbucks Corporation (NASDAQ:SBUX) has earned a consensus recommendation of “Moderate Buy” from the twenty-eight ratings firms that are currently covering the company, MarketBeat.com reports. Two investment analysts have rated the stock with a sell recommendation, eight have given a hold recommendation and eighteen have assigned a buy recommendation to the company. The average twelve-month price objective among brokers that have issued ratings on the stock in the last year is $104.3077.

Several analysts have issued reports on the company. Evercore restated an “outperform” rating on shares of Starbucks in a research note on Wednesday, January 28th. BMO Capital Markets reissued an “outperform” rating and set a $120.00 price target on shares of Starbucks in a research report on Friday, January 30th. Piper Sandler reaffirmed an “overweight” rating and issued a $103.00 price objective (up previously from $100.00) on shares of Starbucks in a report on Friday, January 30th. Wall Street Zen raised shares of Starbucks from a “sell” rating to a “hold” rating in a report on Saturday, November 22nd. Finally, UBS Group reissued a “neutral” rating on shares of Starbucks in a report on Friday, January 30th.

Starbucks Price Performance

Shares of NASDAQ:SBUX traded down $0.50 during midday trading on Thursday, reaching $98.62. The company had a trading volume of 2,475,751 shares, compared to its average volume of 10,481,390. The stock has a market capitalization of $112.36 billion, a P/E ratio of 81.61, a PEG ratio of 2.18 and a beta of 0.96. The stock’s fifty day moving average price is $89.81 and its 200-day moving average price is $87.26. Starbucks has a one year low of $75.50 and a one year high of $117.46.

Starbucks (NASDAQ:SBUX) last posted its quarterly earnings data on Wednesday, January 28th. The coffee company reported $0.56 EPS for the quarter, missing analysts’ consensus estimates of $0.59 by ($0.03). The company had revenue of $9.92 billion for the quarter, compared to the consensus estimate of $9.62 billion. Starbucks had a net margin of 3.63% and a negative return on equity of 28.66%. The company’s revenue was up 5.5% compared to the same quarter last year. During the same quarter last year, the company earned $0.69 earnings per share. Starbucks has set its FY 2026 guidance at 2.150-2.400 EPS. As a group, sell-side analysts forecast that Starbucks will post 2.99 earnings per share for the current year.

Hedge Funds Weigh In On Starbucks

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Game Plan Financial Advisors LLC acquired a new position in Starbucks during the 2nd quarter valued at approximately $25,000. Transce3nd LLC boosted its holdings in shares of Starbucks by 270.3% during the second quarter. Transce3nd LLC now owns 274 shares of the coffee company’s stock valued at $25,000 after acquiring an additional 200 shares during the period. Collier Financial acquired a new position in shares of Starbucks during the third quarter valued at $25,000. Rachor Investment Advisory Services LLC bought a new position in shares of Starbucks during the fourth quarter worth about $25,000. Finally, Y.D. More Investments Ltd acquired a new stake in shares of Starbucks in the 3rd quarter worth about $26,000. 72.29% of the stock is currently owned by institutional investors and hedge funds.

About Starbucks

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.