Piper Sandler maintains Starbucks Corporation(SBUX:NSD) with a Neutral rating and raises the target price to $92

Piper Sandler maintains Starbucks Corporation with a Neutral rating and raises the target price to $92 from $84 on the company’s stock.

Based on the Starbucks Corporation stock forecast from 17 analysts, the average analyst target price for Starbucks Corporation is USD 94.85 over the next 12 months. Starbucks Corporation’s average analyst rating is Buy . Stock Target Advisor’s own stock analysis of Starbucks Corporation is Bullish , which is based on 10 positive signals and 3 negative signals. At the last closing, Starbucks Corporation’s stock price was USD 92.22Starbucks Corporation’s stock price has changed by +3.09% over the past week, +3.43% over the past month and -19.56% over the last year.

What we like:

High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

Superior risk adjusted returns

This stock has performed well, on a risk adjusted basis, compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile.

Low volatility

The stock’s annual returns have been stable and consistent compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile. Although stability is good, also keep in mind it can limit returns.

Superior total returns

The stock has outperformed its sector peers on average annual total returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile.

High dividend returns

The stock has outperformed its sector peers on average annual dividend returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile. This can be a good buy, especially if it is outperforming on total return basis , for investors seeking high income yields.

Superior capital utilization

The company management has delivered better return on invested capital in the most recent 4 quarters than its peers, placing it in the top quartile.

Superior return on assets

The company management has delivered better return on assets in the most recent 4 quarters than its peers, placing it in the top quartile.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

Superior Dividend Growth

This stock has shown top quartile dividend growth in the previous 5 years compared to its sector

What we don’t like:

Overpriced compared to earnings

The stock is trading high compared to its peers on a price to earning basis and is above the sector median.

Overpriced on cashflow basis

The stock is trading high compared to its peers on a price to cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Overpriced on free cash flow basis

The stock is trading high compared to its peers on a price to free cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Analysts rate Starbucks Corporation (SBUX:NSD) with a Buy rating and a $94 target

Sanford Bernstein initiates Starbucks Corp. as to market perform with $94 SBUX stock price target.

Based on the Starbucks stock forecast from 16 analysts, the average analyst SBUX stock price target is USD 94.97 over the next 12 months. Starbucks Corporation’s average analyst rating is Buy. Stock Target Advisor’s own stock analysis of Starbucks stock forecast is Bullish, which is based on 10 positive signals and 3 negative signals. At the last closing, Starbucks stock price was USD 87.84Starbucks stock price has changed by +3.32% over the past week, -0.47% over the past month and -26.10% over the last year.

About Starbucks Corporation (SBUX:NSD):

Starbucks Corporation, together with its subsidiaries, operates as a roaster, marketer, and retailer of specialty coffee worldwide. The company operates through three segments: North America, International, and Channel Development. Its stores offer coffee and tea beverages, roasted whole beans and ground coffees, single serve products, and ready-to-drink beverages; and various food products, such as pastries, breakfast sandwiches, and lunch items. The company also licenses its trademarks through licensed stores, and grocery and foodservice accounts. The company offers its products under the Starbucks, Teavana, Seattle’s Best Coffee, Evolution Fresh, Ethos, Starbucks Reserve, and Princi brands. As of October 3, 2021, it operated 16,826 company-operated and licensed stores in North America; and 17,007 company-operated and licensed stores internationally. The company was founded in 1971 and is based in Seattle, Washington.

 

What we like:

High market capitalization

Starbucks Corporation is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

Superior risk adjusted returns

Starbucks stock has performed well, on a risk adjusted basis, compared to its sector peers (for a hold period of at least 12 months) and is in the top quartile.

Low volatility

Starbucks stock forecast shows that the stock’s annual returns have been stable and consistent compared to its sector peers (for a hold period of at least 12 months) and is in the top quartile. Although stability is good, also keep in mind it can limit returns.

Superior total returns

Starbucks stock forecast shows that the stock has outperformed its sector peers on average annual total returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile.

High dividend returns

Starbucks stock dividend has outperformed its sector peers on average annual dividend returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile. This can be a good buy, especially if it is outperforming on total return basis, for investors seeking high income yields.

Superior capital utilization

The company management has delivered better return on invested capital in the most recent 4 quarters than its peers, placing it in the top quartile.

Superior return on assets

The company management has delivered better return on assets in the most recent 4 quarters than its peers, placing it in the top quartile.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

Superior Dividend Growth

Starbucks stock dividend has shown top quartile growth in the previous 5 years compared to its sector.

 

What we don’t like:

Overpriced compared to earnings

SBUX stock price is trading high compared to its peers on a price to earning basis and is above the sector median.

Overpriced on cashflow basis

SBUX stock price is trading high compared to its peers on a price to cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Overpriced on free cash flow basis

SBUX stock price is trading high compared to its peers on a price to free cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.