Starbucks moved -1.0% this afternoon session, trading between a high of $92.4899 and a low of $91.185 per share. Yesterday the stock finished at $92.74 per share, compared to an average analyst target price of $113.04.
Starbucks Corporation, together with its subsidiaries, operates as a roaster, marketer, and retailer of specialty coffee worldwide. The large-cap restaurants company is based in the United States, and over the last twelve months it has returned a dividend yield of 2.3%. Starbucks has trailing twelve months earnings per share (EPS) of 3.28, which at today's prices amounts to a price to earnings (P/E) ratio of 28.0.
Based on its expected future earnings growth, the company has a price to earnings growth (PEG) ratio of 1.65. Usually a PEG ratio between 0 and 1 indicates a potentially undervalued company.
Overview of the Company's Gross Margins:
|Date Reported||Revenue ($ k)||Cost of Revenue ($ k)||Gross Margins (%)||YoY Growth (%)|
At 66.8%, Starbucks's average gross margins are wider than the 30.07% average of its industry peer group, which suggests that the firm might have a competitive advantage.