Added to YB: 2024-08-01
Pitch date: 2024-07-31
SBUX [bullish]
Starbucks Corporation
+31.62%
current return
Author Info
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Company Info
Starbucks Corporation, together with its subsidiaries, operates as a roaster, marketer, and retailer of coffee internationally.
Market Cap
$109.5B
Pitch Price
$73.61
Price Target
105.00 (+8%)
Dividend
2.58%
EV/EBITDA
14.05
P/E
55.21
EV/Sales
3.35
Sector
Hotels, Restaurants and Leisure
Category
value
Starbucks Corporation – I am happily buying at these levels
SBUX: Down 21% YTD, trading 40% below historical avg. Q3 rev -1% YoY, first decline in decade. Brand strength & global growth potential remain. Forecasting high single-digit rev growth, low-mid teens EPS growth long-term. $105 PT, 14%+ annual return potential. 3% dividend yield. Buy rating.
Read full article (8 min)