Starbucks Stock Price $56.69 -0.76 (-1.32%)

Starbucks Corp, is a Consumer Discretionary stock that trades on the NASDAQ and has a market capitalization of $76.13 Billion.


Ideas, Updates & Analysis


I tried to highlight the trading range SBUX has been in for the past 3 years.

The range is roughly between the mid 50's and the low 60s.

For a buy and hold investor, it has essentially not done anything except pay a dividend.

On June 19, 2018, the company announced it would close 150 stores next year.

Starbucks shares drop on weak sales forecast plans to close more than 150 stores next year

https://www.cnbc.com

My first thought was to look at buying this a few days after and look for a "dead cat bounce".

(I apologize if you love cats. It's just one of those stock market terms that doesn't make sense like "market capitalization" or...)

So I have decided to not get in...yet and here's why.

The stock price has dropped far below support, the bottom of the established 3 year trading range.

This means the stock price is not only at a 52 week low but also a multi-year low.

The next major price it could test is $40, which was the previous resistance in 2013 to 2014.

I don't know if it will drop further but right now it feels like it could.

Oh by the way, how many locations does Starbucks have?

150 stores must be a huge percentage of the total number of stores, right?

"With more than 24,000 stores across more than 75 markets, it’s clear that our passion for great coffee, genuine service and community connection transcends language and culture."

https://www.starbucks.com

150/24000 = 0.00625 or 0.6%

So the stock dropped over 15% because the company is closing less than 1% of their stores.

Closing stores can be a good thing for the bottom line.

So I am definitely watching this.

If it hits $40, I will probably buy.

What do you think about "Catching A Falling Knife (or Macchiato)"?

Let me know in the comments section!

If you think your friends would like this, please share it. Thanks!


Thu, Jun 28, 2018 SBUX @ $48.54

Starbucks Stock Charts

The 5 year and 1 year stock charts are below.


50 Day Moving Average

The 50 Day Moving Average is at $53.10 which is 6.76% below the stock price of $56.69.

200 Day Moving Average

The 200 Day Moving Average is at 55.97 which is 1.29% belowthe stock price of $56.69.


SBUX Stock Price

Below are a few key dates for the stock price.


Year To Date

Sep
24
Monday

The most recent stock price is $56.69.

The Year To Date (YTD) return is -1.63%.

52 Week Low

Jun
28
Thursday

The 52 Week Low stock price is $47.37 set on Thu, Jun 28, 2018 which is 89 days ago.

The current price per share is 19.67% above the 52 week low.

52 Week High

Jan
24
Wednesday

The 52 Week High stock price is $61.94 set on Wed, Jan 24, 2018 which is 244 days ago.

The current price per share is -8.48% below the 52 week high.

All Time High

Jun 2017
05
Monday

The All Time High stock price is $64.87 set on Mon, Jun 5, 2017 which is 477 days ago.

The current price per share is -12.61% below the all time high.

Earnings

Below is the EPS, P/E Ratio and Earnings Date.


The Earnings Per Share (EPS) is $3.20.

The Price To Earnings (P/E) Ratio is 17.31.

Earnings Dates

Stocks can make big percentage moves on the earnings announcement.

Companies announce earnings either before the market open or after the close.

Apr
26
Thursday

The Earnings Release Date for Starbucks Corp was Thu, Apr 26, 2018.

Since this earnings release 152 days ago, the stock price is down by -1.77%.

Jul
26
Thursday

The most recent Earnings Release Date was on Thu, Jul 26, 2018, which was 61 days ago.

Since this earnings date, the stock price is up by +9.82%.

Starbucks Dividend

Below is important Dividend information.


The Annual Dividend Yield is 2.63%.

Check out the Dividend Calculator to forecast your potential profis with Starbucks.

(The next ex-dividend date will be around Tue, Nov 6, 2018.)

Declaration Date Amount Ex-Date Record Date Pay Date
Tue, Jun 19, 2018$0.36Wed, Aug 8, 2018Thu, Aug 9, 2018Fri, Aug 24, 2018
Thu, Apr 26, 2018$0.30Wed, May 9, 2018Thu, May 10, 2018Fri, May 25, 2018
Thu, Jan 25, 2018$0.30Wed, Feb 7, 2018Thu, Feb 8, 2018Fri, Feb 23, 2018
Thu, Nov 2, 2017$0.30Wed, Nov 15, 2017Thu, Nov 16, 2017Fri, Dec 1, 2017
Fri, Jul 28, 2017$0.25Tue, Aug 8, 2017Thu, Aug 10, 2017Fri, Aug 25, 2017
Thu, Apr 27, 2017$0.25Tue, May 9, 2017Thu, May 11, 2017Fri, May 26, 2017
Fri, Jan 27, 2017$0.25Tue, Feb 7, 2017Thu, Feb 9, 2017Fri, Feb 24, 2017
Thu, Nov 3, 2016$0.25Tue, Nov 15, 2016Thu, Nov 17, 2016Fri, Dec 2, 2016
Thu, Jul 21, 2016$0.20Tue, Aug 2, 2016Thu, Aug 4, 2016Fri, Aug 19, 2016
Thu, Apr 21, 2016$0.20Tue, May 3, 2016Thu, May 5, 2016Fri, May 20, 2016
Thu, Jan 21, 2016$0.20Tue, Feb 2, 2016Thu, Feb 4, 2016Fri, Feb 19, 2016
Thu, Oct 29, 2015$0.20Mon, Nov 9, 2015Thu, Nov 12, 2015Fri, Nov 27, 2015
Thu, Jul 23, 2015$0.16Tue, Aug 4, 2015Thu, Aug 6, 2015Fri, Aug 21, 2015
Thu, Apr 23, 2015$0.16Tue, May 5, 2015Thu, May 7, 2015Fri, May 22, 2015
Thu, Jan 22, 2015$0.16Tue, Feb 3, 2015Thu, Feb 5, 2015Fri, Feb 20, 2015
Thu, Oct 30, 2014$0.16Mon, Nov 10, 2014Thu, Nov 13, 2014Fri, Nov 28, 2014
Thu, Jul 31, 2014$0.13Tue, Aug 5, 2014Thu, Aug 7, 2014Fri, Aug 22, 2014
Thu, Apr 24, 2014$0.13Tue, May 6, 2014Thu, May 8, 2014Fri, May 23, 2014
Thu, Jan 23, 2014$0.13Tue, Feb 4, 2014Thu, Feb 6, 2014Fri, Feb 21, 2014
Thu, Oct 31, 2013$0.13Tue, Nov 12, 2013Thu, Nov 14, 2013Fri, Nov 29, 2013
Fri, Jul 26, 2013$0.11Tue, Aug 6, 2013Thu, Aug 8, 2013Fri, Aug 23, 2013
Fri, Apr 26, 2013$0.11Tue, May 7, 2013Thu, May 9, 2013Fri, May 24, 2013
Fri, Jan 25, 2013$0.11Tue, Feb 5, 2013Thu, Feb 7, 2013Fri, Feb 22, 2013
Fri, Nov 2, 2012$0.11Tue, Nov 13, 2012Thu, Nov 15, 2012Fri, Nov 30, 2012
Fri, Jul 27, 2012$0.09Mon, Aug 6, 2012Wed, Aug 8, 2012Fri, Aug 24, 2012
Fri, Apr 27, 2012$0.09Mon, May 7, 2012Wed, May 9, 2012Fri, May 25, 2012
Mon, Jan 30, 2012$0.09Mon, Feb 6, 2012Wed, Feb 8, 2012Fri, Feb 24, 2012
Fri, Nov 4, 2011$0.09Tue, Nov 15, 2011Thu, Nov 17, 2011Fri, Dec 2, 2011
Fri, Jul 29, 2011$0.07Mon, Aug 8, 2011Wed, Aug 10, 2011Fri, Aug 26, 2011
Thu, Apr 28, 2011$0.07Mon, May 9, 2011Wed, May 11, 2011Fri, May 27, 2011
Thu, Jan 27, 2011$0.07Mon, Feb 7, 2011Wed, Feb 9, 2011Fri, Feb 25, 2011
Fri, Nov 5, 2010$0.07Tue, Nov 16, 2010Thu, Nov 18, 2010Fri, Dec 3, 2010
Thu, Jul 22, 2010$0.07Mon, Aug 2, 2010Wed, Aug 4, 2010Fri, Aug 20, 2010
Wed, Mar 24, 2010$0.05Mon, Apr 5, 2010Wed, Apr 7, 2010Fri, Apr 23, 2010
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