Starbucks Corporation (SBUX): Today's Featured Leisure Laggard

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.

Starbucks Corporation ( SBUX) pushed the Leisure industry lower today making it today's featured Leisure laggard. The industry as a whole was unchanged today. By the end of trading, Starbucks Corporation fell $1.05 (-1.3%) to $79.50 on average volume. Throughout the day, 5,067,513 shares of Starbucks Corporation exchanged hands as compared to its average daily volume of 4,260,500 shares. The stock ranged in price between $79.44-$80.72 after having opened the day at $80.39 as compared to the previous trading day's close of $80.55. Other companies within the Leisure industry that declined today were: Del Frisco's Restaurant Group ( DFRG), down 7.7%, Luby's ( LUB), down 6.2%, Bob Evans Farms ( BOBE), down 5.0% and Century Casinos ( CNTY), down 3.2%.

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 $61.1 billion and is part of the services sector. The company has a P/E ratio of 8107.0, above the S&P 500 P/E ratio of 17.7. Shares are up 51.2% year to date as of the close of trading on Tuesday. 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 Starbucks Corporation as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and poor profit margins.

On the positive front, SFX Entertainment ( SFXE), up 7.2%, Qunar Cayman Islands Ltd ADR ( QUNR), up 5.0%, Sonic Corporation ( SONC), up 4.8% and Premier Exhibitions ( PRXI), up 4.4% , were all gainers within the leisure industry with Las Vegas Sands ( LVS) being today's featured leisure industry leader.

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 ( PEJ) while those bearish on the leisure industry could consider ProShares Ultra Sht Consumer Services ( SCC).

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.
null

If you liked this article you might like

The 10 Craziest Pumpkin Spice Items You Can Buy off Amazon

These Powerful Corporate Executives Could Make a Run at the Presidency in 2020

CEOs Are Dropping Like Flies

Sorry Elon Musk but Artificial Intelligence Grows Jobs: Domino's Pizza CEO

Cramer: Dominoes Are in Play Today