Published: Thu, March 15, 2018
Business | By Tara Barton

Starbucks Corporation (SBUX) receives consensus rating of 2.20

Starbucks Corporation (SBUX) receives consensus rating of 2.20

The company was initiated on Wednesday, December 27 by Tigress Financial. It has a 22.04 P/E ratio.

Osher Van De Voorde Investment Management increased its stake in Starbucks Corp (SBUX) by 760.79% based on its latest 2017Q3 regulatory filing with the SEC. Fukoku Mutual Life Insurance Company acquired 15,700 shares as Starbucks Corp (SBUX)'s stock rose 6.99%. About 3.48 million shares traded. Signalpoint Asset Management Llc who had been investing in Starbucks Corporation for a number of months, seems to be less bullish one the $83.00 billion market cap company. The stock has been active on the tape, now trading at $59.05, down from yesterday's close by -0.59%. Perhaps, that suggests something about why 2.34% of the outstanding share supply is held by institutional investors.

Starbucks Corporation (SBUX) is an interesting player in the Services space, with a focus on Specialty Eateries. It has underperformed by 4.22% the S&P500. The company has a current ratio of 1.01, a quick ratio of 0.81 and a debt-to-equity ratio of 0.79. Its up 0.08, from 0.97 in 2017Q2. It turned negative, as 95 investors sold SBUX shares while 448 reduced holdings. 525.28 million shares or 0.91% more from 520.53 million shares in 2017Q2 were reported. Gotham Asset Management Limited Liability Co accumulated 4,493 shares. Starbucks Corporation (SBUX)'s value Change from Open was at -1.09% with a Gap of 0.51%. Pinebridge Investments Ltd Partnership holds 0.81% or 454,731 shares in its portfolio. Los Angeles Management & Equity Research Inc owns 655,558 shares for 0.2% of their portfolio. Provise Mgmt Llc owns 0.24% invested in Starbucks Corporation (NASDAQ:SBUX) for 30,474 shares. Moreover, Creative Planning has 0.06% invested in Starbucks Corporation (NASDAQ:SBUX) for 222,911 shares. It represents the number of a stock's shares that are being shorted by investors. Pub Employees Retirement System Of Ohio accumulated 970,867 shares. Yhb Invest Advsrs stated it has 0.54% in Starbucks Corporation (NASDAQ:SBUX). RBC Capital Markets maintained Starbucks Corporation (NASDAQ:SBUX) on Friday, January 26 with "Buy" rating. Eads And Heald Investment Counsel, a Georgia-based fund reported 13,093 shares.

More notable recent Starbucks Corporation (NASDAQ:SBUX) news were published by: Investorplace.com which released: "Starbucks Corporation Stock Bulls Ignoring China Risks" on March 14, 2018, also Investorplace.com with their article: "Be Cautiously Optimistic in Starbucks Corporation Stock" published on February 23, 2018, Seekingalpha.com published: "Starbucks sign new licensing agreement in Brazil" on March 13, 2018.

Analysts await Starbucks Corporation (NASDAQ:SBUX) to report earnings on April, 26. They expect $0.47 earnings per share, up 27.03% or $0.10 from last year's $0.37 per share. Analysts are forecasting earnings of $0.53 on a per share basis this quarter.

South State Corp increased Vanguard Ftse All (VEU) stake by 91,656 shares to 723,419 valued at $38.13 million in 2017Q3. It also upped Danaher Corp (NYSE:DHR) stake by 9,587 shares and now owns 115,584 shares. Select Sector Spdr Tr (XLB) was raised too.

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Among 37 analysts covering Starbucks Corporation (NASDAQ:SBUX), 25 have Buy rating, 0 Sell and 12 Hold. Therefore 68% are positive. Suncor Energy Inc. had 31 analyst reports since July 21, 2015 according to SRatingsIntel. Citigroup maintained Microsoft Corporation (NASDAQ:MSFT) on Friday, July 21 with "Sell" rating. The firm has "Buy" rating given on Thursday, September 3 by Vetr. The stock has "Hold" rating by RBC Capital Markets on Wednesday, June 28. Robert W. Baird maintained the stock with "Buy" rating in Thursday, January 25 report. The company was maintained on Monday, September 4 by Stifel Nicolaus. Also, insider Clifford Burrows sold 162,826 shares of the stock in a transaction on Wednesday, January 31st. The firm has "Buy" rating by Cowen & Co given on Friday, July 28. The stock of Starbucks Corporation (NASDAQ:SBUX) earned "Buy" rating by S&P Research on Tuesday, July 28. The stock of Starbucks Corporation (NASDAQ:SBUX) earned "Buy" rating by J.P. Morgan on Monday, March 12. About 2.53 million shares traded. Macquarie Infrastructure Corporation (NYSE:MIC) has risen 11.18% since March 14, 2017 and is uptrending. It has outperformed by 17.82% the S&P500.

Since January 31, 2018, it had 0 buys, and 1 insider sale for $9.28 million activity.

Starbucks Co. has a 52 week low of $52.58 and a 52 week high of $64.87. The stock was sold at an average price of $54.52, for a total value of $1,363,000.00. MTB was included in 5 notes of analysts from October 7, 2016. The company was upgraded on Thursday, November 10 by Atlantic Securities. Barclays Capital maintained it with "Hold" rating and $65.0 target in Tuesday, January 16 report. Microsoft Corporation had 167 analyst reports since July 22, 2015 according to SRatingsIntel. After $2.66 actual EPS reported by M&T Bank Corporation for the previous quarter, Wall Street now forecasts 1.50% EPS growth.

Speece Thorson Capital Group Inc holds 3.85% of its portfolio in M&T Bank Corporation for 114,892 shares.

Amg Funds Llc, which manages about $40.84B and $182.28 million US Long portfolio, decreased its stake in Novo (NYSE:NVO) by 25,075 shares to 8,252 shares, valued at $397,000 in 2017Q3, according to the filing.

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