Microsoft Corporation (MSFT), Starbucks Corporation (SBUX) and Verizon Communications Inc. (VZ)

Starbucks has reported a 7% increase in its consolidated net revenue to $5.7bn for the fiscal first quarter ended 1 January 2017, compared to $5.3bn in the same period past year. During the latest quarter, Starbucks recorded $2.1 billion that was loaded onto Starbucks cards in the US and Canada, up 15% from a year ago.

After Starbucks' (NASDAQ:SBUX) results for its important holiday quarter were posted yesterday, the stock sold off about 5% in after-hours trading.

Starbucks declined until mid-morning Thursday, but settled into a range for the rest of the session.

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Starbucks Corporation's (SBUX) witnessed a gain of 0.44% in recent trading period with closing price of $58.70. The highest analyst price target is $71.00, which implies a rally of 79 percent. The shares recently took a bounce off their 50-day moving average, and are extending their lead above their 200-day moving average, which previously acted as resistance in mid-2016. Over the past 6 months 6 sell-side analysts have lowered their long term earnings per share estimates on the stock.

The coffee giant noted that consumers added $2.1 billion to Starbucks cards in the US and Canada during the quarter, a 15% increase over the prior year.

What's more, following the earnings release, the main criticism from analysts has been "Starbucks is innovating too fast" - a nice way of saying the management is spending too much money.

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Buckingham, which rates Starbucks shares neutral, lowered its share-price target to $54 from $59. This brings the company's total store count to 25,734, up a nice 9.2% from the year-ago quarter.

Putting the success - or the problem, depending on how you look at it - in context, the company said that 1,200 of its stores experienced a 20 percent increase in mobile pay and order-ahead during its primary business hours, said incoming CEO Kevin Johnson, who is now serving as Starbucks' COO and president.

Several firms have issued research on Starbucks Corporation. While the P/E is higher than the market, the company's estimates also assumes 12.5% earnings growth, which is more than twice the S&P 500 Index. Shares of the stock are now down 3.5%. Eight research analysts have rated the stock with a hold rating, twenty-three have issued a buy rating and two have issued a strong buy rating to the company. However, he kept his Hold rating on the company's shares. Moreover, Columbia Prns L L C Management has 0.36% invested in Starbucks Corporation (NASDAQ:SBUX) for 85,025 shares. SBUX group pres. Siren Retail BURROWS CLIFFORD also sold 80,000 shares, at a stock price of $58.88. At the times when mobile order and pay is most popular, some walk-in visitors end up leaving a Starbucks without making a purchase because they've seen a big crowd waiting for orders they already placed on their phones. It also sells a range of coffee and tea products and licenses its trademarks through other channels, such as licensed stores, grocery and national foodservice accounts.

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