Starbucks (NASDAQ:SBUX) Earns Daily News Sentiment Rating of -3.29

Headlines about Starbucks (NASDAQ:SBUX) have trended very negative recently, InfoTrie Sentiment reports. The research firm identifies negative and positive media coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Starbucks earned a news sentiment score of -3.29 on their scale. InfoTrie also gave media headlines about the coffee company an news buzz score of 0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the company’s share price in the immediate future.

These are some of the headlines that may have impacted Starbucks’ score:

Shares of Starbucks stock opened at $85.43 on Friday. The company has a 50 day moving average of $84.11 and a 200-day moving average of $87.20. Starbucks has a 1-year low of $60.42 and a 1-year high of $99.72. The company has a market cap of $99.87 billion, a PE ratio of 30.19, a price-to-earnings-growth ratio of 2.09 and a beta of 0.53.

Starbucks (NASDAQ:SBUX) last issued its quarterly earnings results on Wednesday, October 30th. The coffee company reported $0.70 earnings per share for the quarter, hitting the Zacks’ consensus estimate of $0.70. Starbucks had a net margin of 13.58% and a negative return on equity of 75.45%. The company had revenue of $6.75 billion during the quarter, compared to the consensus estimate of $6.68 billion. During the same quarter in the prior year, the firm posted $0.62 EPS. The firm’s quarterly revenue was up 7.0% on a year-over-year basis. As a group, equities analysts predict that Starbucks will post 3.05 earnings per share for the current year.

The company also recently declared a quarterly dividend, which was paid on Friday, November 29th. Stockholders of record on Wednesday, November 13th were issued a dividend of $0.41 per share. This represents a $1.64 dividend on an annualized basis and a dividend yield of 1.92%. The ex-dividend date was Tuesday, November 12th. This is an increase from Starbucks’s previous quarterly dividend of $0.36. Starbucks’s dividend payout ratio is 57.95%.

Several analysts recently commented on the stock. Weeden reaffirmed a “neutral” rating on shares of Starbucks in a report on Friday, November 1st. Bank of America set a $100.00 price objective on shares of Starbucks and gave the company a “buy” rating in a report on Monday, September 30th. Wedbush reissued a “neutral” rating on shares of Starbucks in a report on Thursday, October 31st. ValuEngine downgraded shares of Starbucks from a “buy” rating to a “hold” rating in a report on Wednesday, October 2nd. Finally, Cleveland Research reissued a “hold” rating on shares of Starbucks in a report on Tuesday, September 10th. Nineteen equities research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company’s stock. Starbucks presently has an average rating of “Hold” and an average target price of $90.19.

In other news, CAO Jill Walker sold 2,000 shares of the company’s stock in a transaction that occurred on Monday, September 9th. The shares were sold at an average price of $95.80, for a total transaction of $191,600.00. Following the completion of the sale, the chief accounting officer now owns 39,999 shares of the company’s stock, valued at approximately $3,831,904.20. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, EVP Vivek C. Varma sold 21,128 shares of the company’s stock in a transaction that occurred on Friday, September 6th. The stock was sold at an average price of $95.86, for a total transaction of $2,025,330.08. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 53,047 shares of company stock valued at $4,908,044. 3.98% of the stock is currently owned by insiders.

About Starbucks

Starbucks Corporation, together with its subsidiaries, operates as a roaster, marketer, and retailer of specialty coffee worldwide. The company operates in four segments: Americas; China/Asia Pacific; Europe, Middle East, and Africa; and Channel Development. Its stores offer coffee and tea beverages, roasted whole bean and ground coffees, single-serve and ready-to-drink beverages, iced tea, and food and snacks; and various food products, such as pastries, breakfast sandwiches, and lunch items.

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