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LON:DGE

Diageo (DGE) Share Price, News & Analysis

GBX 2,565.50
+34.00 (+1.34%)
(As of 07/26/2024 ET)
Today's Range
2,536.50
2,567
50-Day Range
2,463.50
2,794
52-Week Range
2,165.60
3,509
Volume
2.30 million shs
Average Volume
3.52 million shs
Market Capitalization
£56.95 billion
P/E Ratio
1,781.60
Dividend Yield
3.16%
Price Target
GBX 3,028

Diageo MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
18.0% Upside
GBX 3,028 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
-1.84
Upright™ Environmental Score
News Sentiment
0.12mentions of Diageo in the last 14 days
Based on 4 Articles This Week
Insider Trading
Acquiring Shares
£1.67 M Bought Last Quarter
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.60 out of 5 stars

DGE stock logo

About Diageo Stock (LON:DGE)

Diageo plc, together with its subsidiaries, engages in the production, marketing, and sale of alcoholic beverages. It offers scotch, gin, vodka, rum, raki, liqueur, wine, tequila, Chinese white spirits, cachaça, and brandy, as well as beer, including cider and flavoured malt beverages. The company also provides Canadian, Irish, American, and Indian-Made Foreign Liquor whiskies, as well as ready to drink and non-alcoholic products. It provides its products primarily under the Johnnie Walker, Guinness, Tanqueray, Baileys, Smirnoff, Captain Morgan, Crown Royal, Don Julio, Cîroc, Buchanan's, Casamigos, J&B, and Ketel One brands. The company operates in the United States, the United Kingdom, Turkey, Australia, Korea, India, Greater China, Brazil, Mexico, South Africa, Nigeria, and internationally. Diageo plc was incorporated in 1886 and is headquartered in London, the United Kingdom.

DGE Stock Price History

DGE Stock News Headlines

Diageo rises Friday, outperforms market
“Generational Bull Run” Incoming
LIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.
Diageo rises Monday, outperforms market
Diageo falls Friday, underperforms market
“Generational Bull Run” Incoming
LIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.
See More Headlines
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Company Calendar

Last Earnings
1/31/2019
Today
7/26/2024

Industry, Sector and Symbol

Industry
Beverages - Wineries & Distilleries
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
30,269
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
GBX 3,028
High Stock Price Target
GBX 3,640
Low Stock Price Target
GBX 2,500
Potential Upside/Downside
+18.0%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
6 Analysts

Profitability

Net Income
£4.26 billion
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
£21.64 billion
Cash Flow
GBX 71.34 per share
Book Value
GBX 437 per share

Miscellaneous

Outstanding Shares
2,220,000,000
Free Float
N/A
Market Cap
£56.95 billion
Optionable
Not Optionable
Beta
0.33
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Key Executives

  • Ms. Debra Ann Crew (Age 54)
    CEO & Executive Director
    Comp: $198k
  • Ms. Yvonne Harrison
    Corporate Information Officer
  • Mr. Thomas Bailey Shropshire Jr.
    General Counsel & Company Secretary
  • Ms. Cristina Diezhandino (Age 57)
    Chief Marketing Officer
  • Louise Prashad
    Chief HR Officer
  • Mr. John O'Keeffe (Age 52)
    President of Asia Pacific, Global Travel & India
  • Mr. John Thomas Kennedy (Age 59)
    President of Europe
  • Mr. Edward Pilkington
    Chief Marketing & Innovation Officer of Diageo North America
  • Mr. Dayalan Nayager (Age 43)
    President of Africa & Chief Commercial Officer
  • Mr. Ewan Andrew
    President of Global Supply Chain & Procurement and Chief Sustainability Officer

Should I Buy Diageo Stock? DGE Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Diageo plc:

  • Diageo plc has shown consistent growth in its stock price over the past year, indicating a positive trend for investors.
  • The company has a diverse portfolio of alcoholic beverages, which helps in mitigating risks associated with fluctuations in specific product categories.
  • Diageo plc has a strong market presence globally, providing stability and potential for further expansion into emerging markets.
  • Recent analyst upgrades, such as Citigroup raising Diageo to a "buy" rating, suggest positive sentiment and potential for stock price appreciation.
  • The company's financial indicators, including a healthy quick ratio and current ratio, indicate a strong financial position.

Cons

Investors should be bearish about investing in Diageo plc for these reasons:

  • Diageo plc's high debt-to-equity ratio of 190.59 may pose a risk in terms of financial leverage and interest payments.
  • The company's P/E ratio of 1,737.85 is significantly higher than industry averages, potentially indicating overvaluation.
  • Two investment analysts have rated the stock as a sell, suggesting some concerns about the company's future performance.
  • The beta of 0.33 indicates lower volatility compared to the market, which may limit potential returns for more aggressive investors.
  • Despite recent analyst upgrades, there is still a mixed sentiment among analysts, with some maintaining hold or sell ratings on the stock.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Monday, July 22, 2024. Please send any questions or comments about these Diageo pros and cons to contact@marketbeat.com.

DGE Stock Analysis - Frequently Asked Questions

How have DGE shares performed this year?

Diageo's stock was trading at GBX 2,856 on January 1st, 2024. Since then, DGE shares have decreased by 10.2% and is now trading at GBX 2,565.50.
View the best growth stocks for 2024 here
.

How were Diageo's earnings last quarter?

Diageo plc (LON:DGE) announced its quarterly earnings results on Thursday, January, 31st. The company reported $77.00 earnings per share (EPS) for the quarter, topping the consensus estimate of $70.80 by $6.20. Diageo had a trailing twelve-month return on equity of 36.41% and a net margin of 19.67%.

How do I buy shares of Diageo?

Shares of DGE stock and other U.K. stocks can be purchased through online brokerage accounts that support trading on the London Stock Exchange (LSX). Some U.K. companies can be purchased through major U.S. brokerages in the form of American Depository Receipts (ADRs), which are placeholder equities held in a trust by a bank that represent shares of a foreign stock.
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What other stocks do shareholders of Diageo own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Diageo investors own include Diageo (DEO), HSBC (HSBA), Associated British Foods (ABF), Intelsat (I), GSK (GSK), Barclays (BARC) and Unilever (ULVR).

This page (LON:DGE) was last updated on 7/27/2024 by MarketBeat.com Staff

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