Starbucks Corporation (SBUX) : During the past 4 weeks, traders have been relatively bearish on Starbucks Corporation (SBUX), hence the stock is down -3.48% 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 -4.11% relative to the S&P 500. The 4-week change in the price of the stock is -1.08% and the stock has fallen -3.7% in the past 1 week.
Starbucks Corporation (NASDAQ:SBUX): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $55.80 and $55.52 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $56.12. The buying momentum continued till the end and the stock did not give up its gains. It closed at $55.90, notching a gain of 0.87% for the day. The total traded volume was 9,206,197 . The stock had closed at $55.42 on the previous day.
The stock has recorded a 20-day Moving Average of 2.03% and the 50-Day Moving Average is 0.21%. Starbucks Corporation has dropped 0.38% during the last 3-month period . Year-to-Date the stock performance stands at -5.92%.
Starbucks Corporation (SBUX) : Currently there are 17 street experts covering Starbucks Corporation (SBUX) stock. The most bullish and bearish price target for the stock is $72 and $58 respectively for the short term. The average price target of all the analysts comes to $66.53. The estimated standard deviation from the target is $3.69.
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.