Starbucks moved -0.2% this evening session, trading between a high of $95.08 and a low of $94.14 per share. Yesterday the stock finished at $94.42 per share, compared to an average analyst target price of $111.9.
Starbucks Corporation, together with its subsidiaries, operates as a roaster, marketer, and retailer of specialty coffee worldwide. The large-cap restaurants company is based in the United States, and over the last twelve months it has returned a dividend yield of 2.2%. Starbucks has trailing twelve months earnings per share (EPS) of 3.28, which at today's prices amounts to a price to earnings (P/E) ratio of 28.7.
Based on its expected future earnings growth, the company has a price to earnings growth (PEG) ratio of 1.59. Usually a PEG ratio between 0 and 1 indicates a potentially undervalued company.
Overview of the Company's Gross Margins:
|Date Reported||Revenue ($ 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.