Starbucks FY2025 EPS Forecast Decreased by Zacks Research

Starbucks Co. (NASDAQ:SBUX) – Equities researchers at Zacks Research reduced their FY2025 EPS estimates for shares of Starbucks in a research report issued on Wednesday, November 20th. Zacks Research analyst H. Ray now expects that the coffee company will post earnings of $3.11 per share for the year, down from their previous forecast of $3.56. The consensus estimate for Starbucks’ current full-year earnings is $3.12 per share.

Starbucks (NASDAQ:SBUX) last announced its earnings results on Wednesday, October 30th. The coffee company reported $0.80 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.80. The firm had revenue of $9.07 billion during the quarter, compared to analyst estimates of $9.60 billion. Starbucks had a net margin of 10.40% and a negative return on equity of 46.39%. The company’s revenue for the quarter was down 3.2% compared to the same quarter last year. During the same period in the prior year, the business earned $1.06 EPS.

Several other equities analysts have also recently weighed in on the stock. JPMorgan Chase & Co. raised their target price on shares of Starbucks from $90.00 to $105.00 and gave the company an “overweight” rating in a research note on Monday, September 30th. Oppenheimer restated a “market perform” rating on shares of Starbucks in a research note on Monday, August 26th. Robert W. Baird upgraded shares of Starbucks from a “neutral” rating to an “outperform” rating and raised their target price for the company from $81.00 to $110.00 in a research note on Tuesday, August 13th. Stifel Nicolaus boosted their price target on Starbucks from $105.00 to $110.00 and gave the stock a “buy” rating in a research report on Thursday, October 31st. Finally, Jefferies Financial Group cut Starbucks from a “hold” rating to an “underperform” rating and cut their price objective for the company from $80.00 to $76.00 in a research report on Tuesday, September 24th. Three investment analysts have rated the stock with a sell rating, nine have assigned a hold rating, seventeen have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $102.81.

Starbucks Trading Down 0.6 %

Shares of SBUX stock opened at $101.84 on Monday. The firm’s fifty day moving average price is $97.22 and its two-hundred day moving average price is $87.38. Starbucks has a 1 year low of $71.55 and a 1 year high of $103.32. The firm has a market capitalization of $115.47 billion, a P/E ratio of 30.77, a PEG ratio of 3.00 and a beta of 0.97.

Starbucks Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, November 29th. Shareholders of record on Friday, November 15th will be issued a dividend of $0.61 per share. This is an increase from Starbucks’s previous quarterly dividend of $0.57. This represents a $2.44 dividend on an annualized basis and a yield of 2.40%. The ex-dividend date is Friday, November 15th. Starbucks’s dividend payout ratio (DPR) is presently 73.72%.

Insider Transactions at Starbucks

In related news, Director Jorgen Vig Knudstorp purchased 380 shares of Starbucks stock in a transaction on Friday, September 6th. The stock was acquired at an average cost of $91.50 per share, for a total transaction of $34,770.00. Following the completion of the acquisition, the director now owns 36,242 shares of the company’s stock, valued at $3,316,143. This trade represents a 1.06 % increase in their position. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CFO Rachel Ruggeri sold 1,452 shares of the company’s stock in a transaction dated Friday, November 15th. The shares were sold at an average price of $99.07, for a total transaction of $143,849.64. Following the transaction, the chief financial officer now owns 65,648 shares in the company, valued at $6,503,747.36. This represents a 2.16 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 1.98% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the business. Quent Capital LLC grew its position in Starbucks by 9.6% in the 1st quarter. Quent Capital LLC now owns 4,389 shares of the coffee company’s stock worth $401,000 after purchasing an additional 385 shares in the last quarter. Waverly Advisors LLC lifted its holdings in Starbucks by 128.8% during the first quarter. Waverly Advisors LLC now owns 11,994 shares of the coffee company’s stock worth $1,096,000 after acquiring an additional 6,753 shares during the period. Industrial Alliance Investment Management Inc. boosted its position in Starbucks by 4.4% in the first quarter. Industrial Alliance Investment Management Inc. now owns 3,395 shares of the coffee company’s stock worth $310,000 after purchasing an additional 143 shares during the last quarter. Fairbanks Capital Management Inc. bought a new position in Starbucks in the 1st quarter valued at $767,000. Finally, Sweeney & Michel LLC purchased a new stake in shares of Starbucks during the 1st quarter valued at $621,000. 72.29% of the stock is currently owned by institutional investors and hedge funds.

Starbucks Company Profile

Starbucks Corporation, together with its subsidiaries, operates as a roaster, marketer, and retailer of coffee worldwide. The company operates through three segments: North America, International, and Channel Development. Its stores offer coffee and tea beverages, roasted whole beans and ground coffees, single serve products, and ready-to-drink beverages; and various food products, such as pastries, breakfast sandwiches, and lunch items.