Starbucks (SBUX) Downgraded to "Sell" at ValuEngine

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The company provided EPS guidance of $2.48-2.53 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.49.

SBUX stock was down about 0.8% Friday. The stock traded volume of 5836841 shares in last session versus to an average volume of 8885.03K shares. Starbucks has a one year low of $57.07 and a one year high of $57.86. On the other side the debt to equity ratio is 1.39. The institutional investor held 24,283 shares of the restaurants company at the end of 2017Q4, valued at $1.40M, down from 30,969 at the end of the previous reported quarter. The Company generated Return on equity (ROE) 80.70% over the last twelve months. As a result, the company has Earnings per Share (EPS) growth of 127.3% for the coming year. The firm's revenue for the quarter was up 13.9% on a year-over-year basis. sell-side analysts forecast that Starbucks will post 2.49 earnings per share for the current fiscal year. However, he did go on to say that ultimately it's "the company that's responsible", not one store, which is why he and Starbucks's other execs "flew en masse to Philadelphia", "stayed there for days", and "did everything we could to demonstrate contrition". Private Wealth Advisors Inc has 0.59% invested in Starbucks Corporation (NASDAQ:SBUX) for 26,388 shares. The ex-dividend date of this dividend is Wednesday, May 9th. This represents a $1.20 annualized dividend and a dividend yield of 2.06%. As such, current ratio can be used to make a rough estimate of a company's financial health.

Starbucks' CEO Howard Schultz made the announcement on Thursday afternoon saying everyone should be welcome. Neumann Capital Management Llc sold 6,650 shares as the company's stock declined 9.21% with the market. Shares buyback plans are typically a sign that the company's management believes its shares are undervalued.

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Virginia Retirement Systems ET AL increased its position in Starbucks (NASDAQ:SBUX) by 16.4% in the first quarter, according to its most recent disclosure with the SEC. Finally, Goldman Sachs lowered shares of Starbucks from a "conviction-buy" rating to a "buy" rating and dropped their price target for the company from $73.00 to $68.00 in a research note on Friday, January 26th. Vetr upgraded shares of Starbucks from a buy rating to a strong-buy rating and set a $62.03 target price for the company in a research report on Monday, February 5th. Piper Jaffray maintained the stock with "Buy" rating in Friday, July 28 report. Starbucks presently has a consensus rating of "Buy" and a consensus target price of $64.25. Thirteen analysts have rated the stock with a hold rating and nineteen have issued a buy rating to the company's stock. The company now has an average rating of "Buy" and a consensus price target of $64.25. For every buyer, there is a seller, and each transaction contributes to the count of total volume. Following the transaction, the director now directly owns 26,500 shares of the company's stock, valued at $1,592,650.

Starbucks Corporation, together with its subsidiaries, operates as a roaster, marketer, and retailer of specialty coffee worldwide. Its stores offer coffee and tea beverages, roasted whole bean and ground coffees, single-serve and ready-to-drink coffee and tea products, and food and snacks; and various food products, such as pastries, breakfast sandwiches, and lunch items.

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