Looking at top Wall Street opinions, Starbucks Corporation (NASDAQ: SBUX) has recently made its way into the research list of Telsey Advisory Group – signaling that their analyst’s rating adjustment is noteworthy. This stock was Reiterated to a rating of Market Perform in the eyes of Telsey Advisory Group, as reported on Monday, May 6th, 2019. Another heavy-hitting research note was published by Wells Fargo on Friday April 26th, 2019, with this firm downgrading SBUX to an updated rating of Market Perform from its previous rating of Outperform. In the past six months and three months of trading, shares of Starbucks Corporation (SBUX) have moved by 13.35% and 10.28%, respectively.
Brokerage Updates Related to Starbucks Corporation (SBUX) Stock
This publicly-traded organization generated losses of -0.37% over the last 5 sessions. Right now, this stock is the subject of 29 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 29 stock market experts following this company, the average 12-month price target is $77.64. Moreover, individual price targets range between $65.00-$90.00. With its recent move to $78.00, we can see that these firms project this stock will gain by 36.11% 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 0.20% 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 Mar-19 quarter. As it stands right now, market analysts are anticipating the per-share earnings for the three-month period will be $0.56. In the same vein, they expect sales for the quarter to amount to $6,317.02 million.
Now let’s turn to earnings surprise history: in the most recent quarter, the company reported about $6,305.90 million in revenue alongside EPS at $0.60. On average, the analyst projection was calling for $6,632.70 million with $0.68 per share in earnings, respectively. In the preceding quarter, this company’s revenue reached $6,303.60 million, with earnings per share ending up at $0.62.
Western Digital Corporation (NASDAQ:WDC) experienced a gain of 1.93% from the closing price in the previous trading day. That boost the price to $45.49 per share, as observed on December 31st, 1969, at a time when the total trading volume reached 4,337,825 shares of stock – compared to the typical average of 6.45M shares per day (as recorded over the past three months). The consensus estimate for these shares has been shifted to $57.09.
Pricing Indications for Western Digital Corporation (WDC)
This organization has had a price-to-earnings ratio of 108.05 in the last year. Meanwhile, it gained 49.56 from its observable 50-day simple moving average. Right at this moment, the per-share value is -9.98% lower than the mean per-share price over the last 200 days in the market.
Western Digital Corporation (NASDAQ:WDC) In-Depth Brokerage Insights
We can see that a number of brokerage firms are putting their focus onto this stock. Out of this group, 1 have a sell rating, 8 have a Buy rating, 5 have an outperform rating, while 14 provided a Hold rating for these shares – thanks to data from Thomson Reuters I/B/E/S. Additionally, 2 have recommended that these shares are an Underperforming investment. The current consensus recommendation is at 2.50, based on information from Thomson Reuters.
WDC Stock Value Potential
In trading activity as of late, this stock’s value was 50.41 up from its 200 day moving average, while also -8.41% down 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 $30.00-$126.00. The market value for the entire organization reached 13.49B. In the last trading session, the price ended the day at $44.63. The institutional holdings related to this organization account for 0.30%, and the Beta factor is now 1.53. This company’s RSI (Relative Strength Index) managed to hit 38.75.
Western Digital Corporation (NASDAQ:WDC) Analyst Points of Focus
Western Digital Corporation (WDC) has found itself inside of Craig Hallum’s research list, so their analyst rating adjustment is worth taking note of. This stock was downgraded to Hold, compared to its previous rating of Buy by Craig Hallum, as garnered from a news report on Tuesday April 30th, 2019. An additional helpful research note was sent out by Robert W. Baird’s on Friday April 26th, 2019. The brokerage decided to downgrade WDC to Underperform from its previous rating of Neutral.