$0.53 EPS Expected for Starbucks Corporation (SBUX)
April 5, 2018 – By Nellie Frank
Investors sentiment increased to 1.05 in 2017 Q4. Its up 0.08, from 0.97 in 2017Q3. It is positive, as 63 investors sold Starbucks Corporation shares while 449 reduced holdings. 114 funds opened positions while 423 raised stakes. 983.38 million shares or 1.10% more from 972.68 million shares in 2017Q3 were reported.
Hirtle Callaghan & Commerce Ltd Limited Liability Company has invested 0% in Starbucks Corporation (NASDAQ:SBUX). Country Trust Bank has 0% invested in Starbucks Corporation (NASDAQ:SBUX). New Vernon Inv Management Limited Co holds 8,800 shares. 238,864 are held by Sather Financial Group. Quantbot Tech Lp has 50,216 shares. New England Rech & Management invested in 18,500 shares or 0.76% of the stock. Princeton Strategies Grp Inc Lc reported 19,804 shares stake. Tradewinds Management Lc stated it has 1.67% of its portfolio in Starbucks Corporation (NASDAQ:SBUX). Schaper Benz & Wise Counsel Wi holds 1.07% in Starbucks Corporation (NASDAQ:SBUX) or 127,610 shares. Alexandria has invested 0.56% in Starbucks Corporation (NASDAQ:SBUX). Essex Inv Mgmt Limited Liability invested 0.36% in Starbucks Corporation (NASDAQ:SBUX). Markel Corp owns 0.06% invested in Starbucks Corporation (NASDAQ:SBUX) for 52,000 shares. Oakworth Capital has 0% invested in Starbucks Corporation (NASDAQ:SBUX). Guardian Trust invested 1.2% in Starbucks Corporation (NASDAQ:SBUX). Hills Retail Bank And Co invested in 37,562 shares or 0.63% of the stock.
Since January 31, 2018, it had 0 insider purchases, and 3 insider sales for $13.62 million activity. BURROWS CLIFFORD sold 162,826 shares worth $9.28M. Shares for $740,851 were sold by ULLMAN MYRON E III.
Analysts expect Starbucks Corporation (NASDAQ:SBUX) to report $0.53 EPS on April, 26.They anticipate $0.08 EPS change or 17.78 % from last quarter’s $0.45 EPS. SBUX’s profit would be $744.96 million giving it 27.75 P/E if the $0.53 EPS is correct. After having $0.65 EPS previously, Starbucks Corporation’s analysts see -18.46 % EPS growth. The stock increased 1.43% or $0.83 during the last trading session, reaching $58.83. About 7.89 million shares traded. Starbucks Corporation (NASDAQ:SBUX) has risen 0.40% since April 5, 2017 and is uptrending. It has underperformed by 11.15% the S&P500.
Starbucks Corporation (NASDAQ:SBUX) Ratings Coverage
Among 20 analysts covering Starbucks Corp (NASDAQ:SBUX), 14 have Buy rating, 0 Sell and 6 Hold. Therefore 70% are positive. Starbucks Corp had 35 analyst reports since October 9, 2017 according to SRatingsIntel. The firm has “Buy” rating by Cowen & Co given on Friday, January 19. Nomura maintained it with “Buy” rating and $63 target in Friday, November 3 report. The stock of Starbucks Corporation (NASDAQ:SBUX) earned “Market Perform” rating by BMO Capital Markets on Friday, November 3. The firm has “Hold” rating by BMO Capital Markets given on Thursday, January 25. The stock of Starbucks Corporation (NASDAQ:SBUX) has “Buy” rating given on Friday, January 26 by Cowen & Co. As per Tuesday, January 16, the company rating was maintained by Barclays Capital. The rating was maintained by Nomura with “Buy” on Friday, January 26. The rating was maintained by Robert W. Baird with “Buy” on Tuesday, January 2. Oppenheimer maintained Starbucks Corporation (NASDAQ:SBUX) on Friday, January 26 with “Outperform” rating. As per Thursday, December 21, the company rating was maintained by RBC Capital Markets.
Starbucks Corporation, together with its subsidiaries, operates as a roaster, marketer, and retailer of specialty coffee worldwide. The company has market cap of $82.69 billion. The firm operates in four divisions: Americas; China/Asia Pacific; Europe, Middle East, and Africa; and Channel Development. It has a 19.51 P/E ratio. The Company’s stores offer coffee and tea beverages, packaged roasted whole bean and ground coffees, single-serve and ready-to-drink coffee and tea products, juices, and bottled water; an assortment of fresh food and snack offerings; and various food products, such as pastries, breakfast sandwiches, and lunch items, as well as beverage-making equipment and accessories.
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