Starbucks Corporation, with the symbol SBUX, is a US-based coffee company. It has been trading on the NASDAQ exchange since 2023 and has current market capitalization of 12.5 bln US dollars. The stock price of Starbucks Corporation stands at 109 US dollars and its day low was 107.26, while day high was 109. Over the past year, it has traded between 68.39 and 110.83 US dollars and its 50-day price average is 104, while 200-day price average is 89 US dollars.
The latest earnings announcement for Starbucks Corporation was on 2nd May 2023, and the Earnings Per Share (EPS) reported was 2.88 USD with a Price/Earnings (PE) ratio of 37.85. As of 3rd February 2023, the total shares outstanding stood at 1,149 mln shares out which represents a decrease in market capitalization from 12.628 bln USD to 11.972 bln USD compared to 2nd February 2023 figures .
Overall, it can be suggested that financial situation of Starbucks Corporation remains stable despite recent decrease in market cap from 125282376985 USD to 119715546675 USD reported over the two days between 2nd and 3rd February 2023 as well as slight volatility in stock prices within past twelve months range of 68 - 111 USD per share due to strong EPS performance and relatively good PE ratio which suggests potential growth opportunities for investors once pandemic related restrictions are lifted allowing more customers to visit physical stores once again leading to increased sales revenues for the company in near future.
