Shares of Consumer Discretionary sector company Starbucks moved -0.6% today, and are now trading at a price of $99.3. The large-cap stock's daily volume was 9,827,760 compared to its average volume of 6,690,534. The S&P 500 index returned a 0.0% performance.
Starbucks Corporation, together with its subsidiaries, operates as a roaster, marketer, and retailer of coffee worldwide. The company is based in Seattle and has 381,000 full time employees. Its market capitalization is $112,874,315,776. Starbucks currently offers its equity investors a dividend that yields 2.2% per year.
30 analysts are following Starbucks and have set target prices ranging from $90.86 to $123.57 per share. On average, they have given the company a rating of buy. At today's prices, SBUX is trading -4.41% away from its average analyst target price of $103.88 per share.
Over the last year, SBUX shares have gone down by -3.0%, which represents a difference of -16.0% when compared to the S&P 500. The stock's 52 week high is $115.48 per share and its 52 week low is $89.21. Although Starbucks's average free cash flow over the last 6 years has been $4.01 Billion, they have been decreasing at an average rate of -15.3%. For this reason, investors may continue to shun the stock.
| Date Reported | Cash Flow from Operations ($ k) | Capital expenditures ($ k) | Free Cash Flow ($ k) | YoY Growth (%) |
|---|---|---|---|---|
| 2023 | 6,008,700 | 2,333,600 | 3,675,100 | 43.78 |
| 2022 | 4,397,300 | 1,841,300 | 2,556,000 | -43.44 |
| 2021 | 5,989,100 | 1,470,000 | 4,519,100 | 3857.18 |
| 2020 | 1,597,800 | 1,483,600 | 114,200 | -96.48 |
| 2019 | 5,047,000 | 1,806,600 | 3,240,400 | -67.47 |
| 2018 | 11,937,800 | 1,976,400 | 9,961,400 |
