Checking the Overall Picture for Starbucks Corporation (SBUX)

Starbucks Corporation (SBUX) is an interesting player in the Services space, with a focus on Specialty Eateries. The stock has been active on the tape, currently trading at $56.21, down from yesterday’s close by -0.48%. Given the stock’s recent action, it seemed like a good time to take a closer look at the company’s recent data.

Fundamental Analysis

Starbucks Corporation (SBUX) currently trades with a market capitalization of $78.35 Billion. That value represents a market adjusting for revenues that have been growing by 13.94 % on a quarterly year/year basis as of the company’s last quarterly report.

You can get a sense of how sustainable that is by a levered free cash flow of $2.74 Billion over the past twelve months. Generally speaking, earnings are expected to hold steady in coming quarters. Analysts are forecasting earnings of $0.66 on a per share basis this quarter. Perhaps, that suggests something about why 2.38% of the outstanding share supply is held by institutional investors.

Technical Analysis

It’s important to check the technicals to get a sense of how SBUX has been acting. Looking at the stock’s movement on the chart, Starbucks Corporation recorded a 52-week high of $61.94. It is now trading 5.73% off that level. The stock is trading $57.74 its 50-day moving average by 1.53%. The stock carved out a 52-week low down at $52.58.

In recent action, Starbucks Corporation (SBUX) has made a move of -0.76% over the past month, which has come on weak relative transaction volume. Over the trailing year, the stock is underperforming the S&P 500 by 14.57, and it’s gotten there by action that has been less volatile on a day-to-day basis than most other stocks on the exchange. In terms of the mechanics underlying that movement, traders will want to note that the stock is trading on a float of 2.05% with $1.34 Billion sitting short, betting on future declines. That suggests something of the likelihood of a short squeeze in shares of SBUX.

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