Oppenheimer Analysts Lift Earnings Estimates for Starbucks (SBUX)

The stock increased 0.86% or $0.72 during the last trading session, reaching $84. The firm trades ETPs in various asset classes, including shares, bonds, or commodities. The stock of Starbucks Corporation (NASDAQ:SBUX) has "Buy" rating given on Thursday, January 25 by Robert W. Baird. It has outperformed by 0.61% the S&P500. BT Investment Management Ltd now owns 195,365 shares of the coffee company's stock valued at $10,498,000 after acquiring an additional 121,725 shares during the last quarter. Reilly Financial Advisors Llc acquired 6,316 shares as Starbucks Corp (SBUX)'s stock rose 0.28%. The restaurants company reported $30.23M value for the 2017Q4. Chatham Capital Group Inc who had been investing in Lowes Cos Inc for a number of months, seems to be bullish on the $69.36B market cap company. SBUX is touching $58.28 during the last trading session, after decreased 1.84%.Starbucks Corporation has volume of 4.45M shares. Int Ltd Ca has 1.39% invested in Starbucks Corporation (NASDAQ:SBUX). It has underperformed by 15.04% the S&P500.

Among 37 analysts covering Starbucks Corporation (NASDAQ:SBUX), 23 have Buy rating, 0 Sell and 14 Hold. The positive are 63%. Starbucks Corp had 35 analyst reports since November 1, 2017 according to SRatingsIntel. The rating was maintained by Nomura with "Buy" on Friday, January 26. Credit Suisse maintained the stock with "Buy" rating in Monday, May 1 report. On Tuesday, March 13 WEATHERUP CRAIG sold $3.60 million worth of Starbucks Corporation (NASDAQ:SBUX) or 59,838 shares. On Friday, November 3 BMO Capital Markets maintained Starbucks Corporation (NASDAQ:SBUX) rating. On Wednesday, June 28 the stock rating was maintained by UBS with "Buy". The firm has a market capitalization of $81,117.17, a price-to-earnings ratio of 28.33, a price-to-earnings-growth ratio of 1.60 and a beta of 0.64.

Since January 31, 2018, it had 0 insider purchases, and 3 insider sales for $13.62 million activity. Another trade for 162,826 shares valued at $9.28 million was made by BURROWS CLIFFORD on Wednesday, January 31.

In related news, Director Myron E. Ullman III sold 25,000 shares of the business's stock in a transaction on Thursday, February 8th.

The Starbucks Rewards loyalty program added 1.6 million active members in the U.S., up 12 per cent from the previous year, with the member spend increasing to 39 per cent of USA company-operated sales. That's change of 0.08, from 2017Q3's 0.97. It improved, as 63 investors sold Starbucks Corporation shares while 449 reduced holdings. 423 grew holdings while 114 funds bought holdings.

For the second quarter ended April 1, the coffee giant reported earnings of 53 cents a share. The coffee company reported $0.53 EPS for the quarter, meeting the consensus estimate of $0.53. Shelton Management holds 0.46% or 123,916 shares. Panagora Asset Mngmt accumulated 37,013 shares. Hudock Grp Lc holds 364 shares. California State Teachers Retirement Systems reported 0.01% of its portfolio in Premier, Inc. (NASDAQ:SBUX) to announce $0.53 earnings per share for the current fiscal quarter, Zacks Investment Research reports.

Many analysts have provided their estimated foresights on Starbucks Corporation Earnings, with 27 analysts believing the company would generate an Average Estimate of $0.53. Gator Cap Mgmt Llc accumulated 10,000 shares. (NASDAQ:PINC). Voya Limited Liability Corp holds 0% of its portfolio in Premier, Inc. 58,674 were reported by Sns Fincl Ltd Llc. Starbucks Corporation (NASDAQ:SBUX) has risen 0.40% since April 27, 2017 and is uptrending.

First Republic Investment Management Inc. raised its stake in Starbucks Corp.by 4.9% in the first quarter.

Total analysts of 19 have positions in Starbucks Corp (NASDAQ:SBUX) as follows: 12 rated it a "Buy", 0 with "Sell" and 7 with "Hold". Therefore 77% are positive. The rating was maintained by Jefferies on Friday, December 22 with "Buy". Deutsche Bank downgraded it to "Hold" rating and $64 target in Tuesday, April 12 report. The firm earned "Buy" rating on Wednesday, July 12 by RBC Capital Markets.

Investors sentiment decreased to 0.77 in 2017 Q4. The company has a current ratio of 1.01, a quick ratio of 0.81 and a debt-to-equity ratio of 0.79. 138 funds opened positions while 351 raised stakes. Brighton Jones Limited Liability reported 106,488 shares. Janus Henderson Group PLC boosted its holdings in shares of Starbucks by 3,076.5% during the 2nd quarter. 92,411 were reported by Fairfield Bush & Communication. American Century Companies invested 0.21% of its portfolio in Lowe's Companies, Inc. Advantus Mgmt reported 793,086 shares. The Texas-based Bbva Compass Bank & Trust has invested 1.56% in Microsoft Corporation (NASDAQ:MSFT). The New York-based Jefferies Gp Limited Liability has invested 0.03% in Allegion plc (NYSE:ALLE). Ftb Advisors holds 450 shares or 0% of its portfolio. Ontario Teachers Pension Plan Board holds 1.07% or 1.52M shares in its portfolio. Segall Bryant And Hamill Llc has 611,012 shares for 0.77% of their portfolio. Toronto Dominion Commercial Bank owns 0.01% invested in Allegion plc (NYSE:ALLE) for 40,915 shares. Thompson Siegel Walmsley Limited Liability invested in 0% or 450 shares. Scholtz & Commerce Ltd Co reported 24,825 shares stake.

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