Insight On Starbucks Corporation (NASDAQ:SBUX) Stock Picks
Daily Stock News:
Starbucks Corporation (NASDAQ:SBUX) stock picks surged by 0.65 percent and closed at $47.65 whereas overall traded volume stood at 5.15 million shares for the last Tuesday trading session as compare to its average volume stood at 5.68 million. The company stands in profit with the profit margin of 10.69 percent. The company (stock picks) is in highly profitability with ROE of 30.91 percent. Its (stock picks) dividend yield is 1.43 percent.
Company Background Starbucks Corporation (NASDAQ:SBUX):
Starbucks was incorporated in 1971 and its headquartered situated in Seattle, Washington. The company is a roaster and retailer of specialty coffee in the world and is working more than 50 countries. The company purchases and roasts bean coffees and sells them, further it manufactures handcrafted coffee, tea beverages and a variety of fresh food items. SBUX also sells tea and coffee products, a verity of ready to drink beverages and license its trademarks along with other channels.
Starbucks Corporation (NASDAQ:SBUX) is ranked 2nd among 7 Specialty Eateries companies by P/E ratio. The company maintains the P/E ratio of 29.41 percent as compared to highest P/E ratio of 33.08 percent in its industry. The company is ranked 3rd among its industry peers by long term growth rate of 17.76 percent. The company maintains the return on equity of 30.93 percent which ranks it 2nd among its competitors.
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