Starbucks (SBUX) Experiences Stock Price Increase to $102.65 on November 3
On November 3, Starbucks Corp's stock (SBUX) soared by 2.64% on NASDAQ, closing at $102.65, reflecting strong investor confidence in the company's performance bolstered by its 28.65 Price-to-Earnings ratio and a 2.22% dividend yield.
by Sai V
Published Nov 04, 2023 | Updated Nov 04, 2023 | ๐ 2 min read
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Starbucks (SBUX) Stock Value
As of November 3, Starbucks (NASDAQ: SBUX) traded at 102.65 USD. Today, the stock price saw a significant increase of +2.64 USD (2.64%), closing at the same value. Stock prices are subject to market fluctuations, and this change reflects the dynamic nature of the financial market. Investors should stay updated with real-time data for accurate insights into stock performance.
Starbucks (SBUX) Stock Analysis
On November 3, Starbucks (SBUX) closed at $102.65 on the NASDAQ stock exchange, reflecting a 2.64% increase for the day. The stock opened at $100.62, reached a high of $103.77, and touched a low of $100.50 during the trading session. With a market capitalization of $117.58 billion and an average daily trading volume of 6.63 million shares, Starbucks continues to be a significant player in the market. The company's 52-week range shows a low of $89.21 and a high of $115.48, indicating fluctuations in its stock value over the past year.
Investors often consider key financial metrics to assess a company's performance. Starbucks maintains a Price-to-Earnings (P/E) ratio of 28.65, which reflects the market's valuation of the company's earnings. Additionally, Starbucks offers a dividend yield of 2.22%, making it an attractive option for income-focused investors. The stock's previous close was $100.01, showcasing a positive price change on November 3. Overall, Starbucks 's stock analysis reveals a consistent presence in the market, supported by its strong financials and investor confidence.
Starbucks (SBUX) Stock Data
Here Are the Key Details for Starbucks (SBUX) Stock:
|
Data |
Value |
|
Closing Price (Nov 3) |
$102.65 |
|
Change (Nov 3) |
+$2.64 (+2.64%) |
|
Opening Price |
$100.62 |
|
Highest Price |
$103.77 |
|
Lowest Price |
$100.50 |
|
Market Cap |
$117.58 billion |
|
52-week High |
$115.48 |
|
52-week Low |
$89.21 |
|
Average Volume |
6.63 million shares |
|
P/E Ratio |
28.65 |
|
Dividend Yield |
2.22% |
Starbucks (SBUX) Profile
Starbucks oration (SBUX) is a global coffeehouse giant headquartered in Seattle, Washington. Established in 1971, it has grown into the world's largest coffeehouse chain, operating 35,711 stores across 80 countries as of November 2022. In the United States alone, Starbucks has 15,873 stores, with over 8,900 being company-operated.
The company is renowned for pioneering the second wave of coffee culture, offering an extensive menu of hot and cold drinks, whole-bean coffee, teas, pastries, and snacks. Starbucks' influence extends to providing free Wi-Fi Internet access in most of its locations. With its diverse offerings and widespread presence, Starbucks continues to be a leading player in the global coffee industry.
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