Starbucks Stock: Is Wall Street Bullish or Bearish?

Seattle, Washington-based Starbucks Corporation (SBUX) is a roaster, marketer, and retailer of coffee. Valued at a market cap of $109.5 billion, the company specializes in premium coffee, handcrafted beverages, and a range of food offerings, operating thousands of company-owned and licensed stores across international markets.

This coffee company has lagged behind the broader market over the past 52 weeks. Shares of SBUX have declined 2.5% over this time frame, while the broader S&P 500 Index ($SPX) has gained 13.9%. However, on a YTD basis, the stock is up 14.4%, considerably outperforming SPX’s 1.5% return.