$0.53 EPS Expected for Starbucks Corporation (SBUX)
March 28, 2018 – By Linda Rogers
Investors sentiment decreased to 0.97 in Q3 2017. Its down 0.24, from 1.21 in 2017Q2. It is negative, as 95 investors sold Starbucks Corporation shares while 448 reduced holdings. 100 funds opened positions while 428 raised stakes. 972.68 million shares or 1.58% less from 988.30 million shares in 2017Q2 were reported.
Winch Advisory Svcs Lc has invested 0.01% in Starbucks Corporation (NASDAQ:SBUX). Korea Invest has invested 0.19% in Starbucks Corporation (NASDAQ:SBUX). West Oak Limited Company holds 35,908 shares. Baxter Bros reported 7,022 shares. First American Bank & Trust holds 20,561 shares. Ls Investment Advsrs Lc invested in 37,739 shares. 236,640 are owned by Cap Services Of America Incorporated. Fdx Advisors has 0.12% invested in Starbucks Corporation (NASDAQ:SBUX). Vanguard Grp reported 95.45M shares or 0.24% of all its holdings. 7,080 are held by Madrona Fin Svcs Limited Liability Company. Moody National Bank Division has invested 0.06% of its portfolio in Starbucks Corporation (NASDAQ:SBUX). Catalyst Capital Advisors Limited Liability Company owns 1,700 shares or 0% of their US portfolio. Lincoln Capital Lc holds 5.08% of its portfolio in Starbucks Corporation (NASDAQ:SBUX) for 153,226 shares. Lowe Brockenbrough Company Inc has invested 0.3% in Starbucks Corporation (NASDAQ:SBUX). Eads & Heald Counsel reported 13,093 shares stake.
Since January 31, 2018, it had 0 insider buys, and 3 selling transactions for $13.62 million activity. BURROWS CLIFFORD sold $9.28 million worth of Starbucks Corporation (NASDAQ:SBUX) on Wednesday, January 31. ULLMAN MYRON E III sold $740,851 worth of stock or 12,500 shares.
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 $744.97 million giving it 27.10 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 decreased 0.59% or $0.34 during the last trading session, reaching $57.46. About 7.56M shares traded. Starbucks Corporation (NASDAQ:SBUX) has risen 12.48% since March 28, 2017 and is uptrending. It has underperformed by 4.22% the S&P500.
Starbucks Corporation (NASDAQ:SBUX) Ratings Coverage
Among 37 analysts covering Starbucks Corporation (NASDAQ:SBUX), 25 have Buy rating, 0 Sell and 12 Hold. Therefore 68% are positive. Starbucks Corporation had 103 analyst reports since July 28, 2015 according to SRatingsIntel. The stock has “Mixed” rating by OTR Global on Wednesday, July 13. The firm has “Market Perform” rating by BMO Capital Markets given on Wednesday, August 9. The stock has “Hold” rating by Stifel Nicolaus on Friday, March 18. The firm has “Buy” rating given on Friday, October 30 by UBS. The company was maintained on Thursday, December 21 by RBC Capital Markets. The stock of Starbucks Corporation (NASDAQ:SBUX) earned “Buy” rating by Robert W. Baird on Tuesday, January 2. The firm has “Buy” rating by UBS given on Friday, November 3. The company was maintained on Wednesday, July 19 by Jefferies. The rating was maintained by RBC Capital Markets on Friday, July 28 with “Buy”. Wedbush maintained the shares of SBUX in report on Friday, July 22 with “Outperform” rating.
Starbucks Corporation, together with its subsidiaries, operates as a roaster, marketer, and retailer of specialty coffee worldwide. The company has market cap of $80.77 billion. The firm operates in four divisions: Americas; China/Asia Pacific; Europe, Middle East, and Africa; and Channel Development. It has a 19.05 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.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our daily email newsletter.