Starbucks Corp (SBUX)

SBUX (NASDAQ:Leisure) EQUITY
$58.75
pos +0.00
+0.00%
Today's Range: 58.43 - 58.95 | SBUX Avg Daily Volume: 9,277,300
Last Update: 12/09/16 - 4:00 PM EST
Volume: 0
YTD Performance: -2.13%
Open: $0.00
Previous Close: $58.65
52 Week Range: $50.84 - $61.79
Oustanding Shares: 1,455,400,000
Market Cap: 85,359,210,000
6-Month Chart
TheStreet Ratings Grade for SBUX
Buy Hold Sell
A+ A A- B+ B B- C+ C C- D+ D D- E+ E E- F
TheStreet Ratings is the source for accurate ratings that you can rely upon to make sound, informed financial decisions. Click here to find out about our methodology.
Analysts Ratings
Historical Rec Current 1 Mo. Ago 2 Mo. Ago 3 Mo. Ago
Strong Buy 15 14 14 12
Moderate Buy 2 2 1 1
Hold 5 5 5 5
Moderate Sell 0 0 0 0
Strong Sell 0 0 0 0
Mean Rec. 1.52 1.55 1.52 1.58
Latest Dividend: 0.25
Latest Dividend Yield: 1.70%
Dividend Ex-Date: 11/15/16
Price Earnings Ratio: 30.87
Price Earnings Comparisons:
SBUX Sector Avg. S&P 500
30.87 30.90 31.10
Price Performance History (%Change):
3 Mo 1 Yr 3 Y
8.10% -3.97% 47.37%
GROWTH 12 Mo 3 Yr CAGR
Revenue 11.20 0.40 0.13
Net Income 2.20 319.30 5.71
EPS 4.40 190.00 4.66
Earnings for SBUX:
EBITDA 4.88B
Revenue 21.32B
Average Earnings Estimates
Qtr (12/16) Qtr (03/17) FY (09/17) FY (09/18)
Average Estimate $0.52 $0.45 $2.13 $2.46
Number of Analysts 13 11 15 13
High Estimate $0.52 $0.47 $2.18 $2.57
Low Estimate $0.51 $0.43 $2.08 $2.38
Prior Year $0.46 $0.39 $1.91 $2.13
Growth Rate (Year over Year) 12.71% 15.15% 11.66% 15.35%
Chart Benchmark
Average Frequency Timeframe
Indicator Chart Scale  
Symbol Comparison Bollinger Bands
The company points with pride to a lot of things -- except maybe same-store sales.

FOMO ... or Something Else? Real Money Pro($)

The CBOE 10-day put/call has declined to below 0.90 -- a sign of extreme optimism. But in early summer the figure fell to close to 0.81. The 10-year U.S. note yield has moved 15 basis points lower from its 2.51% recent peak. A move below 2.3% might indicate that 2.5% was important resistance, and this could place pressure on bank stocks and selected financials, which slowed down a bit yesterday and underperformed. The five-week advance/decline intermediate momentum indicator has moved from oversold to overbought during the Trump rally.  On the other hand, we now have more than 420 new highs -- the highest reading in 23 months -- and a Dow Theory buy signal has been triggered with the transports following the industrials to new highs. Tactically, I took much of my index shorts off around midday as conviction was trumped -- pun intended -- by risk control and management. Fortunately, some of our core investment longs Radian Group (RDN) , DuPont (DD) , Campbell Soup (CPB) and JC Penney (JCP) (up 4% yesterday) moved to recent highs and a number of my trades (long iShares 20+ Year Treasury Bond ETF (TLT) , short TLT puts, for example) panned out successfully, as have some important short positions been additive to performance, such as Apple (AAPL) , Starbucks (SBUX) , the autos (which I covered yesterday) and Coca-Cola (KO) (which has been reduced) , as well as some short-term rentals such as short Cisco (CSCO) , which was covered this week. Bottom Line
Update
Dec 07, 2016 | 7:16 AM EST
Thomson ONE SBUX - 2016 Starbucks Biannual Investor Day - 8AM New York, NY
How well the coffee giant and its incoming CEO impress attendees of its big analyst and investor day likely will impact its stock near term.

My Takeaways and Observations Real Money Pro($)

The U.S. dollar has weakened considerably. The price of crude oil was down by about two bits to $51.45. Gold fell by another $4 to $1,174. Ag commodities got a lift: wheat up $0.04, corn up $0.11, soybeans up $0.16, oats down $0.15. Lumber down $2. Bonds, the object of my affection today ("Trade of the Week"), reversed from early morning lows. After yields rose by more than 4 basis points on the 10-year, the close was relatively flat. TLT slipped $1.20 from Friday's close, ending the day slightly higher. Bravo! Municipal bonds sold off. But closed-end muni-bond funds got a lift (e.g., Eaton Vance Municipal Incm 2028 Term (ETX) and Blackrock Taxable Municipal Bond Trust (BBN) ) -- hard to explain why, though! The 2s/10s spread dropped by two basis points to 127 basis points. Banks, stated simply, are continuing to be the "world's fair" -- regardless of what rates do. Short Bank of America (BAC) , Citigroup (C) and JP Morgan Chase (JPM) (all small). Brokerages bullish -- led by Goldman Sachs (GS) (on a late HSBC (HSBC) buy upgrade today, seriously??!!!). But insurance lagged, though my long Hartford Financial (HIG) was modestly higher. Auto stocks stalled. I am still small short General Motors (GM) and Ford (F) . Retail was stronger -- with upside leadership from Nordstrom (JWN)  , Best Buy (BBY)  , Foot Locker (FL)  , Nike (NKE) and Urban Outfitters (URBN) . JC Penney (JCP)

My Takeaways and Observations Real Money Pro($)

The U.S. dollar weakened. The price of crude oil rallied for a second day in a row, rising $1.50 to almost $51. Gold flat, no bounce. Agricultural commodities: Wheat up $0.07, corn down $0.05, soybean unchanged, oats up $0.05. Lumber up $1. Bonds got schmeissed but traded well off the day's lows (as the 10-year yield touched 2.5%). The 10-year and long-bond yields rose by 9 basis points. The 2s/10s spread rose by another 5 basis points to 130 basis points. Muncipals were lower. Junk bonds got hit badly, despite the rise in crude oil. Blackstone / GSO Strategic Credit Fund (BGB)  rose $0.08. Banks were powerful to the upside. I reshorted at reasonably good prices in the afternoon, after covering my small rental shorts in pre-market trading earlier. Insurance stocks flew. Long Hartford Financial (HIG)  , which rose. Brokerages so strong -- Morgan Stanley (MS) and Goldman Sachs (GS) (up $7). Retail was strong led by Target (TGT) , Foot Locker (FL) , Nike (NKE) and JC Penney (JCP) (long). Autos were the "world's fair." I still have tag end short positions. I expect the upside move to get over-done short term, and I will reload on the short side. Energy stocks up, but small relative to the commodity. Old tech was clobbered. International Business Machines (IBM) , Intel (INTC) , Cisco (CSCO) (short and working nicely) and Microsoft (MSFT) got bashed along with the entire sector. Biotech was down 2%. Allergan (AGN) and Gilead Sciences (GILD) were weak. New lows Vertex Pharmaceuticals (VRX) . Spec weak again (Portula Pharmaceuticals (PTLA) , Sage (SAGE) , Intrexon (XON) , FibroGen (FGEN) , ACADIA Pharmaceuticals (ACAD)  . Big pharma hurtin' badly, once more. Merck (MRK) , Bristol-Myers Squibb (BMY) and Eli Lilly (LLY) being liquidated, much like tech. Media mixed message. Disney (DIS) lower. Ag equipment: Deere (DE) up large on an upgrade, though Caterpillar (CAT) still experiencing weak fundies. Consumer staples broadly lower. Campbell Soup (CPB) excelled on a relative basis, though. (T)FANG a source of funds. Tesla (TSLA) , Facebook (FB) , Amazon (AMZN) and Alphabet (GOOGL) a collective mess. In individual stocks: DuPont (DD) , new high. Radian (RDN) up another up 2%. Oaktree Capital (OAK) not so mighty. Apple hit. Here are some value-added contributions on the site today: 1. Jim "El Capitan" Cramer on " Not What Bulls Wanted to See ."  2. "Meet" Brett Jensen on rotation.  3. Tim "Not Judy or Phil" Collins

Break In! Real Money Pro($)

Howard Schultz has announced that he will step down as CEO of Starbucks (SBUX) .   I have covered a portion of my SBUX short at …
Latest populist wage protests will come to a head for many companies in 2017.
I try through rigorous analysis to identify sectors and companies with intermediate-term prospects that are deteriorating relative to consensus expectations, isolating those areas and corporations with secular growth prospects that are reduced by a changing business landscape. Examples of stocks that I am short that may fit this description include Disney (DIS) , Coca-Cola (KO) and Apple (AAPL) . But this morning I want to look at current and possible shorts -- a shopping list, so to speak -- by iden

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