Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Starbucks Corp before investing.

In this article, we go over a few key elements for understanding Starbucks Corp’s stock price such as:

• Starbucks Corp’s current stock price and volume
• Why Starbucks Corp’s stock price changed recently
• Upgrades and downgrades for SBUX from analysts
• SBUX’s stock price momentum as measured by its relative strength

About Starbucks Corp (SBUX)

Before we jump into Starbucks Corp’s stock price, history, target price and what caused it to recently rise, let’s take a look at some background.

Starbucks Corporations is a coffee company, which roasts, markets and retails specialty coffee in the world. The Company operates in 86 markets and has approximately 38,000 stores worldwide. It has three segments: North America, International and Channel Development. North America segment includes the United States and Canada. International segment includes China, Japan, Asia Pacific, Europe, Middle East and Africa, Latin America and Caribbean. North America and International segments include both the Company-operated and licensed stores. Channel Development segment includes roasted whole bean and ground coffees, Starbucks- and Teavana-branded single-serve products, a variety of ready-to-drink beverages, such as Frappuccino and Starbucks Doubleshot, foodservice products and other branded products sold worldwide outside the Company-operated and licensed stores. A large portion of its Channel Development business operates under a licensed model of the Global Coffee Alliance with Nestle.

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Starbucks Corp’s Stock Price as of Market Close

As of July 19, 2024, 4:00 PM, CST, Starbucks Corp’s stock price was $79.27.

Starbucks Corp is up 6.85% from its previous closing price of $74.19.

During the last market session, Starbucks Corp’s stock traded between $73.81 and $75.11. Currently, there are 1,132.40 million shares of Starbucks Corp stock available for purchase.

Starbucks Corp’s price-earnings (P/E) ratio is currently at 20.4, which is high compared to the Restaurants & Bars industry median of 19. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

Starbucks Corp Stock Price History

Starbucks Corp’s (SBUX) price is currently up 1.82% so far this month.

During the month of July, Starbucks Corp’s stock price has reached a high of $79.38 and a low of $71.55.

Over the last year, Starbucks Corp has hit prices as high as $107.66 and as low as $71.55. Year to date, Starbucks Corp’s stock is down 20.09%.

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What Caused Starbucks Corp Stock’s Price to Rise?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of July 18, 2024, there were 8 analysts who downgraded Starbucks Corp’s stock and 1 analyst who upgraded over the last month.

Additionally, you'll want to evaluate Starbucks Corp’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Starbucks Corp’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Starbucks Corp’s current valuation based on AAII’s Value Grade is a D, which means it is considered to be Expensive.

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Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Starbucks Corp (SBUX) by visiting AAII Stock Evaluator.

Relative Price Strength of Starbucks Corp

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of July 18, 2024, Starbucks Corp has a weighted four-quarter relative price strength of -13.97%, which translates to a Momentum Score of 24 and is considered to be Weak.

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Starbucks Corp Stock Price: Bottom Line

As of July 19, 2024, Starbucks Corp’s stock price is $79.27, which is up 6.85% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Starbucks Corp stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

Subscribing to AAII's A+ Investor provides access to comprehensive analytics and insights for confident investing.