Starbucks Corporation (SBUX) : During the past 4 weeks, traders have been relatively bearish on Starbucks Corporation (SBUX), hence the stock is down -0.16% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -1.65% relative to the S&P 500. The 4-week change in the price of the stock is -2.18% and the stock has fallen -1.12% in the past 1 week.
The stock has recorded a 20-day Moving Average of 3.61% and the 50-Day Moving Average is 4.46%.The 200 Day SMA reached 6.1% Starbucks Corporation has dropped 2.5% during the last 3-month period . Year-to-Date the stock performance stands at -9.56%.
Starbucks Corporation (SBUX) has been rated by 16 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $72 and the lowest price target forecast is $58. The average forecast of all the analysts is $66.44 and the expected standard deviation is $3.79.
For the current week, the company shares have a recommendation consensus of Buy. Starbucks Corporation (NASDAQ:SBUX): stock was range-bound between the intraday low of $53.41 and the intraday high of $54.09 after having opened at $53.94 on Fridays session. The stock finally closed in the red at $53.94, a loss of -0.68%. The stock remained in the red for the whole trading day. The total traded volume was 10,207,750 shares. The stock failed to cross $54.09 in Fridays trading. The stocks closing price on Thursday was $54.11.
Starbucks Corporation is the roaster, marketer and retailer of specialty coffee. The Company purchases and roasts coffees that it sells, along with coffee, tea and other beverages, and a range of fresh food items, through Company-operated stores. It also sells a range of coffee and tea products and licenses its trademarks through other channels, such as licensed stores, grocery and national foodservice accounts. It operates through four segment: Americas, which includes the United States, Canada, and Latin America; Europe, Middle East, and Africa (EMEA); China/Asia Pacific (CAP), and Channel Development. In addition to its Starbucks Coffee brand, it also sells goods and services under the brands, including Teavana, Tazo, Seattles Best Coffee, Evolution Fresh, La Boulange and Ethos. Its Americas, EMEA, and CAP segments include both Company-operated and licensed stores. The Americas and EMEA segments include certain foodservice accounts, primarily in Canada and the United Kingdom.