Specifically, backtested results do not reflect actual trading or the effect of material economic and market factors on the decision-making process. Backtested performance is developed with the benefit of hindsight and has inherent limitations. ![]() This information is provided for illustrative purposes only. No representations and warranties are made as to the reasonableness of the assumptions. Certain assumptions have been made for modeling purposes and are unlikely to be realized. Changes in these assumptions may have a material impact on the backtested returns presented. General assumptions include: XYZ firm would have been able to purchase the securities recommended by the model and the markets were sufficiently liquid to permit all trading. ![]() Backtested results are calculated by the retroactive application of a model constructed on the basis of historical data and based on assumptions integral to the model which may or may not be testable and are subject to losses. The results reflect performance of a strategy not historically offered to investors and does not represent returns that any investor actually attained. Backtested performance is not an indicator of future actual results. Further, with an average price target of $113.93, it comes with 9.31% upside potential.ĭisclaimer: The TipRanks Smart Score performance is based on backtested results. With eight Buy recommendations and 10 Holds, Starbucks stock is considered a Moderate Buy by analyst consensus. The upheaval is sufficient to leave analysts split. Starbucks officials denied this report, but the idea of it was enough to leave some customers in a funk. A Starbucks barista let spill that the cost of not putting ice in a drink will soon be $1 extra. Further, Starbucks has a plan going forward to charge customers for no ice in their Starbucks Refresher drinks. That’s a potential savings point once they can standardize a bit. That new CEO recently went Undercover Boss-ing his way around several stores, and discovered there are over 1,500 cup and lid combinations. Not that Starbucks doesn’t have its share of issues. analyst Andrew Charles also rang in on the topic, noting that Starbucks’ call to keep EPS and guidance manageable was likely a move to “…set a low bar for the new CEO” as well as put itself in a good position to repurchase stock at lower prices. ![]() One of the leading voices on that front was Dennis Geiger, a UBS analyst who suggested that the targets Starbucks set forth for margins, earnings per share, and more could ultimately prove to be a bit of a cakewalk. There’s hope, however, from some analysts who think the newest guidance might be a bit conservative. Sufficiently unhappy, in fact, to send Starbucks slumping over 9% at the time of writing. Both top and bottom line beats were present, if a bit narrow, but investors weren’t happy. Starbucks ( NASDAQ:SBUX) rolled out its earnings yesterday, and the news was reasonably good.
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