Starbucks (SBUX) Stock Declines While Market Improves: Some Information for Investors

Company Performance - Starbucks shares closed at $95.72, down 1.39% from the previous trading day, underperforming the S&P 500's gain of 1.77% [1] - Over the past month, Starbucks experienced a loss of 13.14%, compared to a 7.57% loss in the Retail-Wholesale sector and a 5.73% loss in the S&P 500 [1] Financial Projections - The upcoming earnings report is expected to show an EPS of$ 0.52, reflecting a 23.53% decline year-over-year [2] - Revenue is forecasted to be $8.88 billion, indicating a 3.65% growth compared to the same quarter last year [2] - For the full year, earnings are projected at$ 2.99 per share and revenue at $37.42 billion, representing a decline of 9.67% in earnings and a growth of 3.45% in revenue from the previous year [3] Analyst Estimates and Valuation - Recent analyst estimate revisions are linked to stock price performance, with positive revisions indicating optimism about the company's business [4] - Starbucks currently holds a Zacks Rank of 3 (Hold), with a Forward P/E ratio of 32.45, which is higher than the industry's Forward P/E of 22.67 [5] - The PEG ratio for Starbucks is 3.07, compared to the Retail-Restaurants industry's average PEG ratio of 2.14 [6] Industry Context - The Retail-Restaurants industry has a Zacks Industry Rank of 154, placing it in the bottom 39% of over 250 industries [6] - The Zacks Industry Rank indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [7]