Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.
) pushed the Leisure industry lower today making it today's featured Leisure laggard. The industry as a whole closed the day up 0.4%. By the end of trading, Starbucks Corporation fell $0.79 (-1.1%) to $71.12 on average volume. Throughout the day, 6,056,250 shares of Starbucks Corporation exchanged hands as compared to its average daily volume of 5,215,800 shares. The stock ranged in price between $70.87-$71.94 after having opened the day at $70.89 as compared to the previous trading day's close of $71.91. Other companies within the Leisure industry that declined today were:
), down 5.1%,
), down 4.9%,
), down 4.7% and
), down 4.2%.
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Starbucks Corporation operates as a roaster, marketer, and retailer of specialty coffee worldwide. Its stores offer coffee and tea beverages, packaged roasted whole bean and ground coffees, single serve products, and juices and bottled water. Starbucks Corporation has a market cap of $54.1 billion and is part of the services sector. The company has a P/E ratio of 477.1, above the S&P 500 P/E ratio of 17.7. Shares are down 8.3% year to date as of the close of trading on Thursday. Currently there are 17 analysts that rate Starbucks Corporation a buy, no analysts rate it a sell, and 7 rate it a hold.
TheStreet Ratings rates
. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in net income and solid stock price performance. However, as a counter to these strengths, we find that the company's profit margins have been poor overall.
- You can view the full Starbucks Corporation Ratings Report.
On the positive front,
), up 11.7%,
), up 10.5%,
), up 10.5% and
), up 8.6% , were all gainers within the leisure industry with
) being today's featured leisure industry leader.
- Use our leisure section to find industry-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the leisure industry could consider
) while those bearish on the leisure industry could consider
- Find other investment ideas from our top rated ETFs lists.