Starbucks Corporation (Nasdaq:SBUX)
February 13th, 2019
With markets going up Starbucks Corporation closed Wednesday up 1.09%, a $0.76 increase to close on $70.51. Furthermore it hit a new 52 week high of $70.60.
SBUX outperformed the rest of the Consumer Discretionary sector which went up 0.62% today.
Starbucks Corporation is listed on the S&P 500 index, and was one of 333 stocks that rose today. Weighted by market cap, SBUX represents about 0.35% of the S&P 500.
Starbucks Corporation is listed on NASDAQ 100, and was one of 65 stocks that increased today. Weighted by market cap, SBUX represents about 0.35% of NASDAQ 100.
Expectations from 25 analysts suggest that Starbucks Corporation might go down somewhat (-1.28%), while Finbox has calculated (with low uncertainty) a fair value price of $62.83.
The market sectors were mixed Wednesday with a majority of the sectors trending up. Energy saw the biggest increase of the day (1.29%), while Utilities saw the biggest drop (-0.31%). Industrials has seen the biggest year-to-date gain at 15.68%.
Energy saw the biggest turnaround from its 5-day performance of -1.99%, as it went up 1.29%. Utilities saw a turn around from its 5-day performance of 1.76% trading down -0.31%.
- Energy went up with a 1.29% change.
- Industrials went up with a 0.63% change.
- Consumer Discretionary went up with a 0.62% change.
- Real Estate went up with a 0.58% change.
- Consumer Staples went up with a 0.25% change.
- Healthcare went up with a 0.25% change.
- Financials went up with a 0.20% change.
- Information Technology went up with a 0.14% change.
- Materials went up with a 0.10% change.
- Communication Services went down with a -0.10% change.
- Utilities went down with a -0.31% change.
Starbucks Corporation Info
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. The company also licenses its trademarks through licensed stores, and grocery and foodservice accounts. It offers its products under the Starbucks, Teavana, Tazo, Seattle’s Best Coffee, Evolution Fresh, La Boulange, Ethos, Frappuccino, Starbucks Reserve, Princi, Starbucks Doubleshot, Starbucks Refreshers, and Starbucks VIA brand names. As of November 1, 2018, the company had 29,324 stores, including 15,341 company-operated stores and 13,983 licensed stores. Starbucks Corporation was founded in 1971 and is based in Seattle, Washington.
All amounts in USD unless otherwise indicated
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