SBUX
SBUX could break outGrowth in China
SBUX same store sale are expected to increase over the next few years as China's middle class doubles, but are currently flat to slightly negative.
In spite of same-store sales in China falling, SBUX revenue is up 20% in China due to the opening of new stores at a rate of one shop every 15 hours in China.
China has recently partnered with Alibaba to gain marketshare in the online delivery of coffee, but there remains some competition with the first Chinese coffee unicorn partnering with Tencent for delivery services and customer analytics.
Overall Growth
On average, same-store sales are only increasing at a pitiful 3%, but is expected to remain positive for the foreseeable future.
Current Valuation
Relative to the market, SBUX is undervalued. A PE of 24 or so would be more ideal, which would is 33% higher than it's current PE of 18. Assuming current expectations and earnings growth remains above 10%, that would add another 10% on a PE of 24 next year, putting my PT at about $88, and near around $100 by the Jan 2020 options expiration.
Given 9/33 analysts have a rating of HOLD, 14/33 analysts have a rating of BUY, and 10/33 analysts have a rating of STRONG BUY, with 0/33 analysts have a rating of SELL, I think SBUX will grow into its industries average PE or a bit higher at around 24.
SBUX is on the verge of breaking above it's bear trend into a bullish one.
2020 Jan 17, Strike $75 calls could have an upside of 2,000% ($1 to $20+) if the break above it's bear trend occurs in the next month or so and it's quarter to quarter upward trend is sustained into the long-term.
$SBUX Short Term Trading IdeaStarbucks has been trading in an ascending channel since mid June.
Blue line is a long term resistance, there is an opportunity for some small profits in a short period of time.
Also, Fundamentally there is the up coming pumpkin spice / holiday season which could give a boost to the stock.
Over-reaction to negative sentiments or a major reversal?With the current 2-day high-percentage decline on significant volume, combined with the breach of the often-tested support level of ~$53, NASDAQ:SBUX seems to be at the beginning stages of a major correction.
In the absence of some positive news in the near future, I see the next major support area to be near $43.70.
$SBUX - Time to Cut Back On CaffeineI remember buying this stock back in 2012 at around 30/shr and held it through the bull run. It's sad to see this drop so much in such a short period of time. With the rising cost of coffee and the cutback in construction, I am assuming there will be weak guidance for this upcoming ER.
Next week, we may see an ER run up to the 38% - 61% fib before the next drop.
My plan is to purchase calls first thing Monday and enjoy one last run, and short it back on the way down to $43 (or even lower). For now, I'm marking this short- term "LONG" until it finishes the retracement.
Starbucks might see a pick up right here
We hit the long term trend line right at the 50$ so for me it is in a support spot.
Lets see what happens and
May the markets be with us
An over-reaction or a major trend reversal? With the significant 2-day decline on high volume, combined with the breach of the often-tested $53 area of support, NASDAQ:SBUX seems to have begun a major reversal.
In the absence of any positive news in the near future, I see a continuation of the downtrend towards the next support level of about $43.70.
short on sbux starbucks stock 59.50 stop on 66 Stop can be use paralel with SPX 2766 weekly close. There is someting going on this here with suprise earnings and misleading news around. Let's try what will be
As always max. 1% on total capital risk must limit your size.
StarbucksWatching next day or two for break up or down. Consider call options/puts in green zone based on breaks.
SBUX / Starbucks Long Opportunity Starbucks usually recovers when it takes heavy hits
The reaction time may be SLOW but it's low-risk buying at this point in price.
Always use stops!
Cheers.
SBUX(Will be star broke)Longer term, to the downside
Not sure if you're a coffee fiend, but you beloved starbux will be getting slapped in due time. I have zero knowledge about what the store is doing. what papers are filed, and a bunch noise that I never cared for when it comes to trading.
If I can get extra skilled with it, I want to say around late Spring the drop will begin.
Jumpy But Need A RefillHi guys. I gave up drinking coffee, but I wish this company good luck for being so brave imho. Thank you for taking a look.
SBUX- due for a CORRECTIONDouble top on resistance and head and shoulders forming. Cycle from 2009 is due for a correction. Look at the previous cycle for a clue. The trend of parabolic advances may continue after after a correction to 42 or even 50 if lucky, but this year doesn't look too hot for the coffee giant.
Short SBUX Maximum Volume and momentum followed by a giant reversal pattern.
Price level $50 to be tested.
Consolidate further before upard movement
Price needs to correct and consolidate before finding upward movement
SBUX making a comeback ? Spotted reversal in SBUX. It making higher high above EMA200. Would be nice if the price able to close higher in next few day
Looks like it is forming rounding bottom
bear flag starbucksAfter an impressive 800% gain over 25 years ?
Perhaps its high time for a major dip
SBUX bullish Cyper pattern with an inside day breakout.SBUX has an weekly cypher pattern and the entry point is right here, yesterday it was an inside day breakout but it didn't give great follow through.
With regard to weekly level harmonic pattern, a small inside breakout may not be good enough to take as a confirmation entry.
So my game plan will be:
1. pay attention to the intraday price movement to find an uptrend in smaller time frame and try to long.
2. create a long position with an out at 49.95, and a mid-term trade.
3. wait reversal sign like hammer and double bottom here as confirmation entry.
Let's see how it goes and I'll update the trade here.
$SBUX (Starbucks) Long Possibility The good thing about this stock is that it usually recovers in a fairly quick amount of time. This stock doesn't always recover right away. I personally think Starbucks is coming to an area of previous support, so I believe price will follow history and recover back to the pre-earnings prices. Remember if you take my ideas to live trading, please remember that risk is important.
Starbucks investors SHAKE off the BEARSLet's face it, investors love Starbucks. Even after it's most recent dismal earnings report, the floating interest is at 1.62 %. I'm in for the short term bounce.
Let me know your thoughts!
Steven W.
