Is it Time to Buy? Analysts Weighing in on These Shares: Starbucks Corporation (NASDAQ:SBUX), Boston Scientific Corporation (NYSE:BSX)

Starbucks Corporation (NASDAQ:SBUX) shares have a current ABR (average broker recommendation) of 1.31. This recommendation is offered by Zacks Research. The rating lands on a sliding numerical scale from 1 to 5. A recommendation of 5 would indicate a Strong Sell, and a 1 would signify a Strong Buy. The mean rating may help provide a general sense of analyst sentiment on company shares.

Sell-side analysts taken into consideration by Zacks have also provided price target estimates on shares of Starbucks Corporation (NASDAQ:SBUX). The highest current target is $71. The lowest price target out of the polled analysts is presently $52. The consensus target price is currently noted at $64.375. Analysts may employ various techniques to help predict future stock price levels.

On the earnings front, Starbucks Corporation (NASDAQ:SBUX) is expected to post quarterly earnings per share of $0.55. This is the current consensus figure provided by Zacks. Investors and analysts will be looking for the company to next post earnings on or around 2017-07-27. Starbucks Corporation (NASDAQ:SBUX) most recently reported quarterly EPS of $0.45 for the quarter ending 2017-03-31. The gap between the actual and the projected estimate leading up to earnings created a surprise factor of 0%.

In the most recent session, Boston Scientific Corporation (NYSE:BSX) shares have traded +1.42%. Following the stock price relative to moving averages may offer enhanced perspective on stock performance. After a recent review, the stock has been noted $1.30 away from the 50-day moving average of $25.75 and $3.21 away from the 200-day moving average of $23.84. From a different angle, the stock has been recently recorded -0.15% off of the 52-week high of 27.09 and +37.52% removed from the 52-week low of 19.67. 

Currently, Boston Scientific Corporation has a price to earnings ratio of 86.70. Analysts and investors may also opt to evaluate a company's PEG or price to earnings growth ratio. The PEG ratio represents the ratio of the price to earnings to the anticipated future growth rate of the company. If a company has a PEG Ratio below one, it may be viewed as undervalued. If a company has a PEG Ratio above one, it may show that the company is overvalued. A PEG Ratio near one may be viewed as fair value. The stock currently has a PEG Ratio of 2.06.

Price Target Update

Analysts polled by Thomson Reuters have set a consensus target price of $29.41 on shares. Target prices may vary from one analyst to another due to the various ways they may proceed to calculate future price targets. This is a near-term estimation for the next 12-18 months.

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