Looking at top Wall Street opinions, Starbucks Corporation (NASDAQ: SBUX) has recently made its way into the research list of Oppenheimer – signaling that their analyst’s rating adjustment is noteworthy. This stock was Reiterated to a rating of Outperform in the eyes of Oppenheimer, as reported on Friday, January 25th, 2019. Another heavy-hitting research note was published by Goldman on Friday January 11th, 2019, with this firm downgrading SBUX to an updated rating of Neutral from its previous rating of Buy. In the past six months and three months of trading, shares of Starbucks Corporation (SBUX) have moved by 30.37% and 9.24%, respectively.
Brokerage Updates Related to Starbucks Corporation (SBUX) Stock
This publicly-traded organization generated gains of 1.90% over the last 5 sessions. Right now, this stock is the subject of 30 analysts’ evaluations, who – on average – have given this company’s shares a Buy rating. Not a single analyst have given an underperform rating, 1 has given a sell rating and 10 have given a rating of Buy or better. Based on the 30 stock market experts following this company, the average 12-month price target is $69.40. Moreover, individual price targets range between $60.00-$81.00. With its recent move to $70.00, we can see that these firms project this stock will gain by 20.98% in one year.
Updates from Starbucks Corporation (SBUX) SEC Form 4
This particular company’s shares have garnered a lot of attention in recent days, as insiders are unloading their holdings while having generated a 0.10% rise since the beginning of the calendar year. A evp, Public Affairs at Starbucks Corporation (SBUX) sold off some of its shares in a transaction that was finalized on Feb 13. Similarly, Varma Vivek C sold 50,470 shares of the organization’s stock at $69.39 apiece and racked up $3,502,128 in earnings from the sale. Now, Varma Vivek C holds 67,640 shares of the company following the exchange. A group pres, Int’l & Channel of the organization named CULVER JOHN, was engaged in a transaction that occurred on Feb 07 that managed to be worth $11,635,496 from the sale of 169,096 common shares at a price of $68.81 per individual share.
Starbucks Corporation (NASDAQ:SBUX) Results in the Pipeline
The next scheduled release of financial results for Starbucks Corporation will be for the Dec-18 quarter. As it stands right now, market analysts are anticipating the per-share earnings for the three-month period will be $0.65. In the same vein, they expect sales for the quarter to amount to $6,487.98 million.
Now let’s turn to earnings surprise history: in the most recent quarter, the company reported about $6,632.70 million in revenue alongside EPS at $0.68. On average, the analyst projection was calling for $6,303.60 million with $0.62 per share in earnings, respectively. In the preceding quarter, this company’s revenue reached $6,310.30 million, with earnings per share ending up at $0.62.
Cousins Properties Incorporated (NYSE:CUZ) experienced a drop of -1.01% from the closing price in the previous trading day. That drove the price to $9.82 per share, as observed on March 19th, 2019, at a time when the total trading volume reached 3,213,464 shares of stock – compared to the typical average of 5.07M shares per day (as recorded over the past three months). The consensus estimate for these shares has been shifted to $10.35.
Pricing Indications for Cousins Properties Incorporated (CUZ)
This organization has had a price-to-earnings ratio of 52.80 in the last year. In the most recent trading session, the daily high was $9.96, bringing the per-share value -1.01% high its 52-week high and about -1.55% more expensive than its 52-week low. Meanwhile, it gained 9.14 from its observable 50-day simple moving average. Right at this moment, the per-share value is 9.41% higher than the mean per-share price over the last 200 days in the market.
Cousins Properties Incorporated (NYSE:CUZ) In-Depth Brokerage Insights
We can see that a number of brokerage firms are putting their focus onto this stock. Out of this group, 0 have a sell rating, 3 have a Buy rating, 1 have an outperform rating, while 2 provided a Hold rating for these shares – thanks to data from Thomson Reuters I/B/E/S. Additionally, 0 have recommended that these shares are an Underperforming investment. The current consensus recommendation is at , based on information from Thomson Reuters.
CUZ Stock Value Potential
In trading activity as of late, this stock’s value was 8.98 up from its 200 day moving average, while also 7.92% up when compared against its 50-day simple moving average. Over the course of the past year of trading, the share price stuck in the range of $9.50-$11.00. The market value for the entire organization reached 4.12B. After the trading day started off at the price of $9.82, these shares nearly bottomed out at its low price of $9.815 and nearly peaked at $9.96 as its full-day high price. In the last trading session, the price ended the day at $9.92. The institutional holdings related to this organization account for 0.40%, and the Beta factor is now 0.96. This company’s RSI (Relative Strength Index) managed to hit 67.61.
Cousins Properties Incorporated (NYSE:CUZ) Analyst Points of Focus
Cousins Properties Incorporated (CUZ) has found itself inside of Wells Fargo’s research list, so their analyst rating adjustment is worth taking note of. This stock was Resumed to Market Perform, by Wells Fargo, as garnered from a news report on Friday April 20th, 2018. An additional helpful research note was sent out by BofA/Merrill’s on Monday December 4th, 2017. The brokerage decided to upgrade CUZ to Buy from its previous rating of Neutral.