NasdaqGS:SBUXHospitality
Is Starbucks Share Price Justified After Recent Slide And Premium Valuation Metrics?
If you are wondering whether Starbucks at around $84 a share is a bargain or a value trap right now, you are not alone. This makes it a good moment to unpack what the market is really pricing in.
Over the past year the stock is down about 3.4%, with a softer 8.2% slide year to date, but a modest 1.5% gain over the last month hints that sentiment might be stabilizing as investors reassess its long term growth story.
Recently, markets have been weighing Starbucks strategic push into new store...