Starbucks Corporation (SBUX · NASDAQ)

Starbucks shares have fallen sharply over the past month, down 7.8% over 30 days and 2.9% over the past week to $95.83, with an RSI of 11 and volume at 2.1x the 20-day average signaling heavily oversold conditions. The decline comes despite two consecutive earnings beats — Q2 reported EPS of $0.85 versus $0.66 estimated, following $0.50 versus $0.41 in Q1 — though revenue contracted 1.4% year over year to $38.34B TTM and the latest quarter's revenue of $9.32B was below the prior three quarters. Valuation remains elevated at a P/E of 55.39 against a 12.9% operating margin, with leverage at 4.0x debt/EBITDA and a current ratio of 0.76, while the analyst target of $112.23 sits well above the last close. Recent news flow was largely neutral, including a settlement with Florida's attorney general over hiring practices and an institutional purchase of roughly $29.5M in shares by Nykredit A/S.