Starbucks Corporation (SBUX): Today's Featured Leisure Loser
(
) pushed the Leisure industry lower today making it today's featured Leisure loser. The industry as a whole closed the day down 0.2%. By the end of trading, Starbucks Corporation fell 33 cents (-0.6%) to $53.37 on average volume. Throughout the day, 7.8 million shares of Starbucks Corporation exchanged hands as compared to its average daily volume of eight million shares. The stock ranged in price between $53.07-$54.40 after having opened the day at $53.81 as compared to the previous trading day's close of $53.70. Other company's within the Leisure industry that declined today were:
(
), down 11.2%,
(
), down 6.2%,
(
), down 5.7%, and
(
), down 4.8%.
Starbucks Corporation purchases and roasts whole bean coffees. It operates 6,705 company-operated stores and 4,082 licensed stores in the United States; and 2,326 company-operated stores and 3,890 licensed stores in Canada, the U.K., China, Germany, Thailand, and internationally. Starbucks Corporation has a market cap of $39.19 billion and is part of the
sector. The company has a P/E ratio of 29.8, below the average leisure industry P/E ratio of 29.9 and above the S&P 500 P/E ratio of 17.7. Shares are up 12% year to date as of the close of trading on Monday. Currently there are 18 analysts that rate Starbucks Corporation a buy, no analysts rate it a sell, and seven rate it a hold.
TheStreet Ratings rates Starbucks Corporation as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, solid stock price performance, impressive record of earnings per share growth and compelling growth in net income. We feel these strengths outweigh the fact that the company shows low profit margins.
- You can view the full Starbucks Ratings Report.
On the positive front,
(
), up 21.2%,
(
), up 5.4%,
(
), up 4.8%, and
(
), up 4.7%, were all gainers within the leisure industry with
(
) being today's featured leisure industry winner.
- 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
PowerShares Dynamic Leisure&Entert
(
) while those bearish on the leisure industry could consider
ProShares Ultra Sht Consumer Services
(
).
- Find other investment ideas from our top rated ETFs lists.
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