analyst price target sbux
The company reported $0.52 earnings per share for the quarter, meeting analysts' consensus estimates of $0.52. The business earned $5.70 billion during the quarter, compared to the consensus estimate of $5.85 billion. Starbucks had a return on equity of 51.45% and a net margin of 13.30%. Detailed Analyst Recommendation. Each Recommendation received from contributors is mapped to one of the Zacks standard ratings. A consensus recommendation is determined by an average of the numeric values, rounding that mean value to the nearest integer. This area currently displays US research coverage only. Why This Analyst Sees Starbucks Stock Worth 20% More. So far this year, Starbucks Corp. (NASDAQ: SBUX) has been as hot as the coffee it serves, up nearly 25%, and analysts like the taste even more. Independent research firm Argus has detailed in a comprehensive report that Starbucks has a solid position going forward. SBUX Ratings News. RBC Capital Maintains Bullish View on Starbucks (SBUX), Says SSS Could Reaccelerate in F2H17. Starbucks Coffee (SBUX) Better Than Feared - Stifel. Starbucks Coffee (SBUX): Cutting PT But Near Term SSS Looks Strong - RBC. Argus maintained its Buy rating on Starbucks and raised its target price to $59 from $54. The firm’s earnings per share (EPS) estimates remain $1.60 for the 2015 fiscal year and $1.88 for the 2016 fiscal year. View list of Analyst Firms. Each Recommendation received from contributors is mapped to one of the Zacks standard ratings. A consensus recommendation is determined by an average of the numeric values, rounding that mean value to the nearest integer. This area currently displays US research coverage only. at TheStreet (Tue, 7:23AM) Starbucks China Partners (employees) And Their Families With Howard Schultz, Starbucks Executive Chairman, At The Fifth Starbucks Partner Family Forum In Beijing. (Photo: Business Wire) at TheStreet (Tue, 3:11AM) Disney, Starbucks, Apple Top Piper Teen Popularity Survey. at TheStreet (Mon, 2:29PM) About Starbucks (SBUX) Starbucks Corporation (Starbucks) is a roaster, marketer and retailer of coffee. As of October 2, 2016, the Company operated in 75 countries. The consensus price target is a mean average of the most recent price target set by each analyst that has set a price target for the stock in the last twelve months. Analysts' Ratings History for Starbucks (NASDAQ:SBUX) Shares of Starbucks were down 1% at $50.34 Tuesday morning, in a 52-week trading range of $34.57 to $52.09. The stock has a consensus analyst price target of $54.42.
$54.42.