Diageo (DEO) Stock Price, News & Analysis

Company Overview

Diageo plc, together with its subsidiaries, engages in the production, marketing, and sale of alcoholic beverages. The company offers scotch, gin, vodka, rum, raki, liqueur, wine, tequila, Chinese white spirits, cachaça, and brandy, as well as beer, including cider and flavored malt beverages. It also provides Chinese, Canadian, Irish, American, and Indian-Made Foreign Liquor whiskies, as well as flavored malt beverages, ready to drink, and non-alcoholic products. The company provides its products under the Johnnie Walker, Crown Royal, J&B, Buchanan's, Smirnoff, Cîroc, Ketel One, Captain Morgan, Baileys, Don Julio, Casamigos, Tanqueray, Guinness, Shui Jing Fang, Yenì, McDowell's, Don Papa, Aviation American, Seagram, Seagram's 7 Crown, Zacapa, Black Dog, Black & White, Signature, Royal Challenge, Godawan, Antiquity, Gordon's, Old Parr, Windsor, Bundaberg, Ypióca, Bulleit, and Bell's brand names. It operates in the United States, the United Kingdom, Türkiye, Australia, Korea, India, Greater China, Brazil, Mexico, South Africa, Nigeria, and internationally. The company was incorporated in 1886 and is headquartered in London, the United Kingdom.

Key Stats

• Today's Range: $135.60 to $136.86
• 50-Day Range: $126.45 to $140.78
• 52-Week Range: $119.48 to $161.64
• Volume: 437,487 shs
• Average Volume: 764,289 shs
• Market Capitalization: $75.99 billion
• P/E Ratio: 19.47
• Dividend Yield: 3.66%
• Price Target: N/A
• Consensus Rating: Reduce

Diageo Stock Analysis - MarketRank™

Diageo scored higher than 54% of companies evaluated by MarketBeat, and ranked 80th out of 136 stocks in the consumer staples sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Diageo.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 3.43%

Earnings Growth

Earnings for Diageo are expected to grow by 3.43% in the coming year, from $6.99 to $7.23 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Diageo is 19.47, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 131.07.

Price to Earnings Ratio vs. Sector

The P/E ratio of Diageo is 19.47, which means that it is trading at a less expensive P/E ratio than the Consumer Staples sector average P/E ratio of about 23.31.

Price to Earnings Growth Ratio

Diageo has a PEG Ratio of 3.77. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Diageo has a P/B Ratio of 6.29. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.17% of the float of Diageo has been sold short.

Short Interest Ratio / Days to Cover

Diageo has a short interest ratio ("days to cover") of 1.1, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Diageo has recently increased by 16.38%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 3.3 / 5
• Dividend Strength: Strong

Dividend Leadership

Diageo is a leading dividend payer. It pays a dividend yield of 3.64%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Diageo does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Diageo is 71.37%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Diageo will have a dividend payout ratio of 69.29% next year. This indicates that Diageo will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

0.17% of the float of Diageo has been sold short.

Short Interest Ratio / Days to Cover

Diageo has a short interest ratio ("days to cover") of 1.1, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Diageo has recently increased by 16.38%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.8 / 5
• News Sentiment: 0.96

News Sentiment

Diageo has a news sentiment score of 0.96. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.50 average news sentiment score of Consumer Staples companies.

News Coverage This Week

MarketBeat has tracked 7 news articles for Diageo this week, compared to 7 articles on an average week.

Search Interest

9 people have searched for DEO on MarketBeat in the last 30 days. This is an increase of 29% compared to the previous 30 days.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Diageo insiders have not sold or bought any company stock.

Percentage Held by Institutions

Only 8.97% of the stock of Diageo is held by institutions.

DEO Stock Analysis - Frequently Asked Questions

How have DEO shares performed this year?

Diageo's stock was trading at $145.66 at the start of the year. Since then, DEO stock has decreased by 6.1% and is now trading at $136.71.
View the best growth stocks for 2024 here.

Does Diageo have any subsidiaries?

The following companies are subsidiaries of Diageo: Aviation Gin, Seedlip, Belsazar, Casamigos tequila, Brandhouse Beverages, Mey, United National Breweries, and more.

Who are Diageo's major shareholders?

Top institutional shareholders of Diageo include Raymond James & Associates (0.15%), Douglas Lane & Associates LLC (0.08%), U.S. Capital Wealth Advisors LLC (0.01%) and Fulton Breakefield Broenniman LLC (0.01%).

How do I buy shares of Diageo?

Shares of DEO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Diageo own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Diageo investors own include Meta Platforms (META), Cisco Systems (CSCO), Johnson & Johnson (JNJ), AT&T (T), NVIDIA (NVDA), Exxon Mobil (XOM) and Home Depot (HD).

Company Calendar

• Ex-Dividend for 10/17 Dividend: 8/30/2024
• Dividend Payable: 10/17/2024
• Today: 10/22/2024
• Fiscal Year End: 6/30/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Consumer Staples
• Industry: Beverages
• Sub-Industry: N/A
• Current Symbol: NYSE:DEO
• CUSIP: N/A
• CIK: 835403
• Web: www.diageo.com
• Phone: 442079479100
• Fax: 44-20-8978-8501
• Employees: 30,367
• Year Founded: 1997

Profitability

• EPS (Most Recent Fiscal Year): N/A
• Trailing P/E Ratio: 19.47
• Forward P/E Ratio: 19.56
• P/E Growth: 3.77
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: 1.62
• Current Ratio: 1.53
• Quick Ratio: 0.55

Sales & Book Value

• Annual Sales: $20.27 billion
• Price / Sales: 3.75
• Cash Flow: $7.98 per share
• Price / Cash Flow: 17.14
• Book Value: $21.72 per share
• Price / Book: 6.29

Miscellaneous

• Outstanding Shares: 555,869,000
• Free Float: N/A
• Market Cap: $75.99 billion
• Optionable: Optionable
• Beta: 0.69