Technical Roundup On Two Stocks – Starbucks Corporation (SBUX), MEDNAX, Inc. (MD)

Starbucks Corporation (NASDAQ:SBUX) recently saw its volume around 10.55 million shares and on average it trades 10.77 million shares a day. The opening price of $58.67, led it to gain 1.61% to reach $59.4 upon the closing bell.

Starbucks Corporation (SBUX) Analyst Opinion

Starbucks Corporation has a consensus outperform rating from 32 Wall Street analysts, and the number of shares currently sold short amount to at least 2.43% of shares outstanding. The stock spiked 10.47% last month and is up 3.43 this year. Wall Street is only getting more bullish on the stock, with 20 of analysts who cover SBUX having a buy-equivalent rating. Analysts have placed a $64.01 price target on Starbucks Corporation, suggesting a 7.76% gain from recent close. It’s currently trading about -8.43% below its 52-week high.

Starbucks Corporation Earnings Surprise

Starbucks Corporation (SBUX) surprised the stock market in its last reported earnings when it earned $0.58 a piece versus the consensus-estimated $0.57. Its revenue totaled $6.18 billion up 8.51% from the previous quarter.

Starbucks Corporation (NASDAQ:SBUX) Intraday View

This stock (SBUX) is ahead of its 52-week low with 12.97%. Its last month’s stock price volatility remained 1.42% which for the week stands at 1.83%. The share price has moved forward from its 20 days moving average, trading at a distance of 5.21% and stays 3.03% away from its 50 days moving average. Over the last five days, shares have managed 4.23% gains and now is up 4% since hitting its 200-day moving average of $56.56. Starbucks Corporation (SBUX) has made its way to a 12-month gain of 8.93%.

Turning to MEDNAX, Inc. (NYSE:MD), its shares were trading at $58.62 a gain of $1.04, on the trading floor. The stock, after opening at $57.75, touched a high of $58.94 before paring much of its gains. So far, analysts are sticking with their neutral recommendations with the consensus call at 2.7. MEDNAX, Inc. has 2 buy ratings, 9 holds and 0 sells even after the stock tumbled -17.74% from its high of $71.26 to a $5.49 billion market value through last close.

MEDNAX, Inc. (MD) Consensus Price Target

The company’s consensus rating on Reuter’s scale remained unchanged from 2.69 to 2.69 during a month. Analysts set a 12-month price target of $56.18 a share. The target implies a -4.16% decrease from where the shares are currently trading. Also, the current price highlights a discount of 5.77% to analysts’ high consensus price target.

MEDNAX, Inc. (NYSE:MD) Intraday Trading

The counter witnessed a trading volume of 0.78 million shares versus an average volume of 0.99 million shares during last trading session. Its last month’s stock price volatility remained 4.47% which for the week approaches 3.22%. The lowest price the stock reached in the last trading day was $57.62 and compares with the $40.56 52-week low. The stock recovered 44.53% since its low point and has performed 9.69% year-to-date.

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