Starbucks (SBUX) is a roaster and retailer of specialty coffee worldwide. The company's efficiency has improved over the years while also growing into one of the largest coffee chains in the world. However, we estimate that the company is currently fairly valued. Thus we remain neutral on the stock. (See Analysts' Top Stocks on TipRanks) Measuring Efficiency Starbucks needs to hold onto a lot of inventory in order to keep the business running. Therefore, the speed at which the company can move inventory and convert it into cash is very important for predicting success.
https://www.tipranks.com/news/article/starbucks-stock-fairly-valued-mediocre-upside-potential?utm_source=advfn.com&utm_medium=referral
Starbucks (NASDAQ:SBUX)
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Starbucks (NASDAQ:SBUX)
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Von Mai 2021 bis Mai 2022 Click Here for more Starbucks Charts.