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Global transactions fell 6% but Starbucks stock was counterintuitively up 7% as of 12:30 p.m. ET. As fiscal 2024 was wrapping up, the backwards momentum for Starbucks' business was certainly ...
Its second-largest market, China, saw a 6% drop in same-store sales, with a 4% decline in average ticket and 2% lower traffic. Overall revenue came in at $9.4 billion, which was basically ...
Starbucks stock jumped after earnings last week, and it was up 16% over the past year, despite falling sales and sagging earnings. There's been some progress, and investors are picking up on that.
The stock price had mostly retained its Aug. 13 gains, a sign of optimism that investors were looking forward to the fourth-quarter and full fiscal 2024 report on Oct. 30, rather than dreading it.
Today, Starbucks trades at a trailing price-to-earnings ratio (P/E) of 20. This is lower than the S&P 500 average of 27, and it marks one of the lowest levels Starbucks has seen in recent years.
Saleh named Starbucks one of his top first-half 2025 picks, assigning a $115 price target. The target assumes about 30% upside from current levels. The average sell-side price target on Starbucks ...
Comparing the full-year results with Starbucks' current price reveals a stock that is slightly undervalued compared to current stock market valuations. The stock is trading at a price-to-earnings ...
Shares of Starbucks (NASDAQ: SBUX) soared 21.3% higher in August 2024, according to data from S&P Global Market Intelligence.The giant coffee chain only had a single piece of game-changing news ...