Starbucks Corporation (NASDAQ:SBUX) Receives $108.92 Average PT from Analysts

Shares of Starbucks Corporation (NASDAQ:SBUX) have been given a consensus recommendation of “Moderate Buy” by the thirty-one ratings firms that are presently covering the stock, MarketBeat reports. Two research analysts have rated the stock with a sell recommendation, ten have issued a hold recommendation and nineteen have given a buy recommendation to the company. The average twelve-month price objective among analysts that have issued ratings on the stock in the last year is $108.9231.

Several research firms have recently issued reports on SBUX. Robert W. Baird upped their price objective on Starbucks from $112.00 to $117.00 and gave the company an “outperform” rating in a research note on Wednesday, April 29th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Starbucks in a research report on Wednesday, April 29th. Stifel Nicolaus set a $117.00 price target on shares of Starbucks and gave the company a “buy” rating in a research note on Wednesday, May 6th. Wells Fargo & Company reiterated an “overweight” rating and set a $115.00 price target (up from $110.00) on shares of Starbucks in a report on Wednesday, April 29th. Finally, Wedbush started coverage on Starbucks in a report on Thursday, May 14th. They issued an “outperform” rating for the company.

Starbucks News Roundup

Here are the key news stories impacting Starbucks this week:

• Positive Sentiment: Starbucks affirmed a quarterly dividend of $0.62 per share, which supports the stock’s appeal for income-focused investors and may help reinforce the view that shares are undervalued. Starbucks (SBUX) Could Be 4% Undervalued As Dividend News Keeps Valuation In Focus
• Positive Sentiment: Recent coverage suggests Starbucks’ loyalty program, personalization, and faster service are helping drive higher store traffic and stronger customer engagement, which could support sales trends. Is Starbucks’ Loyalty Strategy Fueling More Store Traffic?
• Positive Sentiment: Analyst sentiment remains supportive, with multiple firms maintaining buy-like ratings and a median price target around $110, above the recent trading level. 3 Reasons to Sell SBUX and 1 Stock to Buy Instead

Insider Transactions at Starbucks

In other Starbucks news, EVP Sara Kelly sold 2,000 shares of the firm’s stock in a transaction that occurred on Wednesday, April 29th. The shares were sold at an average price of $105.00, for a total transaction of $210,000.00. Following the completion of the transaction, the executive vice president owned 57,653 shares in the company, valued at approximately $6,053,565. This trade represents a 3.35% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Brady Brewer sold 2,229 shares of the company’s stock in a transaction on Tuesday, May 5th. The shares were sold at an average price of $104.81, for a total transaction of $233,621.49. Following the completion of the sale, the chief executive officer directly owned 81,559 shares in the company, valued at approximately $8,548,198.79. This represents a 2.66% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 7,046 shares of company stock valued at $716,017 over the last 90 days. 0.03% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Starbucks

Hedge funds and other institutional investors have recently bought and sold shares of the company. Rachor Investment Advisory Services LLC acquired a new stake in Starbucks during the fourth quarter worth approximately $25,000. Cornerstone Financial Management LLC acquired a new stake in Starbucks in the fourth quarter worth $25,000. Phillip James Consulting Co. bought a new stake in Starbucks in the fourth quarter valued at $25,000. Entrust Financial LLC acquired a new position in shares of Starbucks during the fourth quarter valued at about $26,000. Finally, Tucker Asset Management LLC acquired a new position in shares of Starbucks during the fourth quarter valued at about $27,000. Institutional investors and hedge funds own 72.29% of the company’s stock.

Starbucks Price Performance

SBUX stock opened at $103.61 on Friday. The stock has a market cap of $118.08 billion, a price-to-earnings ratio of 78.49, a P/E/G ratio of 2.03 and a beta of 0.98. The company has a 50 day simple moving average of $102.12 and a 200 day simple moving average of $96.78. Starbucks has a 1 year low of $77.99 and a 1 year high of $108.88.

Starbucks (NASDAQ:SBUX) last issued its earnings results on Tuesday, April 28th. The coffee company reported $0.50 earnings per share for the quarter, beating analysts’ consensus estimates of $0.44 by $0.06. Starbucks had a net margin of 3.89% and a negative return on equity of 29.24%. The firm had revenue of $9.53 billion for the quarter, compared to analyst estimates of $9.17 billion. During the same quarter last year, the business posted $0.41 earnings per share. The company’s quarterly revenue was up 8.8% on a year-over-year basis. Starbucks has set its FY 2026 guidance at 2.250-2.450 EPS. On average, equities research analysts anticipate that Starbucks will post 2.4 EPS for the current fiscal year.

Starbucks Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, August 28th. Shareholders of record on Friday, August 14th will be given a $0.62 dividend. This represents a $2.48 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date is Friday, August 14th. Starbucks’s payout ratio is 187.88%.

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.