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 (%) |
---|---|---|---|---|
2022-11-18 | 32,250,300 | -10,317,400 | 68 | -2.86 |
2021-11-19 | 29,060,600 | -8,738,700 | 70 | 4.48 |
2020-11-12 | 23,518,000 | -7,694,900 | 67 | -1.47 |
2019-11-15 | 26,508,600 | -8,526,900 | 68 | 0.0 |
2018-11-16 | 24,719,500 | -7,930,700 | 68 | 13.33 |
2017-11-17 | 22,386,800 | -9,034,300 | 60 |
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.