If you haven’t checked out Starbucks' research report, check it out here! Starbucks stock has dropped 38% since its peak in July 2021. Its next twelve month (NTM) PE ratio has declined from 33.5x to a much more palatable 25.5x. This is slightly below its mean PE ratio of 28.7x.
Starbucks' P/E chart from TIKR
A rosy outlook and a cheap valuation never go together. The bigger question is whether Starbucks' problems are temporary or permanent. Here are the issues: Rapid unionization of green aprons For the longest time, Starbucks has fended off union efforts. Under Howard Schultz's management, ...
The rest of this report is for members. Become a member to read it and the full archive since 2021, or log in below.