Is Starbucks a good growth stock?
Management recently projected 10%-12% adjusted (non-GAAP) earnings-per-share growth in 2023 and 2024, which would mark higher growth than the 8%-10% it sees this year. Operating margin clocked in at 14% last quarter, below the long-term average in the high teens and Starbucks' long-term target of 18%-19%.
Is SBUX a good long term stock?
Starbucks stock has historically generated moderate returns, with a 10-year return a little more than the S&P 500.
Is Starbucks overpriced stock?
Starbucks anticipates high single-digit growth in revenue and a slightly faster pace in EPS growth over the long term and even if Starbucks ends up beating the EPS target, SBUX stock looks extremely overvalued.
What is the future of Starbucks?
Delivering Growth at Scale Strong customer demand for Starbucks driven by focus and discipline in elevating customer experiences, relevant beverage innovation and expanding digital customer relationships. Plans to expand to approximately 55,000 company-operated and licensed stores across 100 markets by 2030.
Is Starbucks undervalued?
Conclusion. Historically, Starbucks is at the lower end of its valuation. At $75 per share, even with extremely conservative valuation metrics, Starbucks is at least 10% to 20% undervalued.
Is Starbucks a good investment?
Reason to buy: Valuation Starbucks shares appear awfully cheap at current levels. The coffee-making juggernaut is trading at 21 times earnings today, which is well below the company's five-year, average price-to-earnings (P/E) multiple of 39.
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Is Starbucks a growth company?
The company posted revenue of $8.1 billion, up 19% y-o-y, driven by an increase in comparable transactions as well as the average ticket size. The revenue growth was led by the North America and U.S. segment. GAAP operating margin increased to 14.6% compared to 13.5% in the same period of the previous year.