NYSE:DEO

Diageo (DEO) Stock Forecast, Price & News

$149.18

-0.61 (-0.41%)

(As of 09/29/2023 ET)

Compare

Today's Range: $148.47
▼
$151.49
50-Day Range: $148.63
▼
$178.41
52-Week Range: $147.85
▼
$191.93

Volume: 646,537 shs
Average Volume: 416,232 shs
Market Capitalization: $83.80 billion

P/E Ratio: N/A
Dividend Yield: 3.35%
Price Target: $166.37

Diageo MarketRank™ Forecast

Analyst Rating: Hold
2.13 Rating Score
Upside/Downside: 11.5% Upside
$166.37 Price Target
Short Interest: Healthy
0.24% of Float Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: 1.05
Based on 9 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 7.67%
From $8.21 to $8.84 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.08 out of 5 stars

Consumer Staples Sector

96th out of 136 stocks

Beverages Industry

9th out of 12 stocks

2.1

Analyst's Opinion

Consensus Rating
Diageo has received a consensus rating of Hold. The company's average rating score is 2.13, and is based on 2 buy ratings, 5 hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $166.37, Diageo has a forecasted upside of 11.5% from its current price of $149.18.
Amount of Analyst Coverage
Diageo has only been the subject of 2 research reports in the past 90 days.

5.0

Short Interest

Percentage of Shares Shorted
0.24% 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 3.6, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Diageo has recently decreased by 10.20%, indicating that investor sentiment is improving significantly.

1.7

Dividend Strength

Dividend Yield
Diageo pays a meaningful dividend of 3.35%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Diageo has only been increasing its dividend for 1 years.
Dividend Sustainability
Based on earnings estimates, Diageo will have a dividend payout ratio of 56.56% next year. This indicates that Diageo will be able to sustain or increase its dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for DEO.

3.4

News and Social Media Coverage

News Sentiment
Diageo has a news sentiment score of 1.05. 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 0.63 average news sentiment score of Consumer Staples companies.
News Coverage This Week
MarketBeat has tracked 9 news articles for Diageo this week, compared to 3 articles on an average week.
Search Interest
Only 5 people have searched for DEO on MarketBeat in the last 30 days. This is a decrease of -62% compared to the previous 30 days.
MarketBeat Follows
6 people have added Diageo to their MarketBeat watchlist in the last 30 days. This is an increase of 500% compared to the previous 30 days.

0.0

Company Ownership

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.

1.3

Earnings and Valuation

Earnings Growth
Earnings for Diageo are expected to grow by 7.67% in the coming year, from $8.21 to $8.84 per share.
Price to Earnings Growth Ratio
Diageo has a PEG Ratio of 2.68. 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 8.20. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Diageo (NYSE:DEO) Stock

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.

DEO Price History

30 days | 90 days | 365 days | Advanced Chart

DEO Stock News Headlines

September 30, 2023 | insidermonkey.com

5 Warren Buffett Stocks That Are On Sale Now

September 27, 2023 | americanbankingnews.com

Diageo plc (NYSE:DEO) Receives Average Recommendation of "Hold" from Analysts

October 1, 2023 | Behind the Markets (Ad)

[BREAKING] Pentagon to Spend Billions on "Living Missile"

Air Force Magazine calls it "transformational." The Wall Street Journal calls it one of the Pentagon's "highest priorities." National Defense Magazine reports "Eye-popping budget" for it. This small company won the first contract to build them!

September 26, 2023 | money.usnews.com

Diageo plc - ADR

September 22, 2023 | seekingalpha.com

Diageo: Growth Should Continue Just Like It Did Historically

September 13, 2023 | msn.com

Diageo: Taking Advantage Of The Short-Term Narratives

August 30, 2023 | finance.yahoo.com

Growth Efforts to Aid Diageo (DEO) Amid Inflationary Pressures

August 11, 2023 | seekingalpha.com

Diageo: Celebrities Are Changing The Industry (Post-Earnings Rating Downgrade)

October 1, 2023 | Behind the Markets (Ad)

66,000% upside on tiny biotech?

The Wall Street Journal reports that this medical breakthrough is "Transforming Medicine." One analyst calculated that it could be worth $1 Trillion, making the upside potential of this small-cap 66,000% above today's price.

August 11, 2023 | msn.com

Diageo plc - ADR (DEO) Declares $2.51 Dividend

July 28, 2023 | finance.yahoo.com

Factors Likely to Influence Diageo's (DEO) FY23 Earnings

July 24, 2023 | seekingalpha.com

Diageo Stock: Good Business But Outside The Buy Zone

July 20, 2023 | msn.com

Diageo falls after Morgan Stanley warns on weakness for U.S. business

July 12, 2023 | msn.com

Diageo: Liquid Product, Solid Margins

July 6, 2023 | msn.com

(DEO) - Analyzing Diageo's Short Interest

July 6, 2023 | msn.com

Ominous Death Cross Forms On Diageo's Chart

June 27, 2023 | msn.com

Diageo cuts ties with Sean Combs amid legal battle over vodka, tequila partnership

June 24, 2023 | seekingalpha.com

Diageo: Fairly Valued

June 21, 2023 | finance.yahoo.com

Diageo (DEO) Looks Well-Poised on Premiumization Initiatives

June 15, 2023 | msn.com

Diageo is viewed cautiously at Goldman Sachs amid weaker spirits pricing forecast

June 5, 2023 | msn.com

Diageo board appoints Debra Crew as interim CEO

June 2, 2023 | baystreet.ca

Combs Suing Diageo, Alleging Racism

June 1, 2023 | msn.com

Diageo is sued by Sean 'Diddy' Combs over neglect of Ciroc brand

May 19, 2023 | msn.com

Diageo: What Can We Learn From One Of Berkshire Hathaway's Smallest Positions?

May 19, 2023 | benzinga.com

RENATO TONELLI CROWNED 2023 US BARTENDER OF THE YEAR AT USBG PRESENTS WORLD CLASS SPONSORED BY DIAGEO FINALS IN AUSTIN, TX

May 12, 2023 | msn.com

Diageo dips after Jefferies moves to the sidelines with a ratings drop to Hold

April 4, 2023 | seekingalpha.com

Diageo: A Consumer Staple Winner For FCF

See More Headlines

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DEO Company Calendar

Ex-Dividend for 10/17 Dividend: 8/24/2023
Today: 10/01/2023
Dividend Payable: 10/17/2023
Fiscal Year End: 6/30/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Beverages
Sub-Industry: N/A
Sector: Consumer Staples
Current Symbol: NYSE:DEO
CUSIP: N/A
CIK: 835403
Web: www.diageo.com
Phone: 442079479100
Fax: 44-20-8978-8501
Employees: 30,419
Year Founded: 1997

Price Target and Rating

Average Stock Price Forecast: $166.37
High Stock Price Forecast: $191.49
Low Stock Price Forecast: $122.62
Forecasted Upside/Downside: +11.5%
Consensus Rating: Hold
Rating Score (0-4): 2.13
Research Coverage: 8 Analysts

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: N/A
Forward P/E Ratio: 18.17
P/E Growth: 2.69
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: 1.67
Current Ratio: 1.63
Quick Ratio: 0.62

Sales & Book Value

Annual Sales: $21.42 billion
Price / Sales: 3.91
Cash Flow: $9.58 per share
Price / Cash Flow: 15.57
Book Value: $18.20 per share
Price / Book: 8.20

Miscellaneous

Outstanding Shares: 561,760,000
Free Float: N/A
Market Cap: $83.80 billion
Optionable: Optionable
Beta: 0.68

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Key Executives

Ms. Lavanya Chandrashekar (Age 51)
CFO & Director
Comp: $3.2M

Ms. Debra A. Crew (Age 52)
CEO & Exec. Director

Ms. Yvonne Harrison
Corp. Information Officer

Mr. Thomas Bailey Shropshire Jr.
Gen. Counsel & Company Sec.

Ms. Cristina Diezhandino (Age 56)
Chief Marketing Officer

Louise Prashad
Chief HR Officer

Mr. John O'Keeffe (Age 51)
Pres of Asia Pacific, Global Travel & India

Ms. Claudia Schubert
Pres of North America

Mr. Edward Pilkington
Chief Marketing & Innovation Officer of Diageo North America

Mr. Dayalan Nayager (Age 42)
Pres of Africa & Chief Commercial Officer

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

DEO Stock - Frequently Asked Questions

Should I buy or sell Diageo stock right now?: 8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Diageo in the last twelve months. There are currently 1 sell rating, 5 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" DEO shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in DEO, but not buy additional shares or sell existing shares.
View DEO analyst ratings or view top-rated stocks.
What is Diageo's stock price forecast for 2023?: 8 brokers have issued 12-month price objectives for Diageo's shares. Their DEO share price forecasts range from $122.62 to $191.49. On average, they anticipate the company's share price to reach $166.37 in the next year. This suggests a possible upside of 11.5% from the stock's current price.
View analysts price targets for DEO or view top-rated stocks among Wall Street analysts.
How have DEO shares performed in 2023?: Diageo's stock was trading at $178.19 at the beginning of the year. Since then, DEO shares have decreased by 16.3% and is now trading at $149.18.
View the best growth stocks for 2023 here.
Are investors shorting Diageo?: Diageo saw a decline in short interest in September. As of September 15th, there was short interest totaling 1,320,000 shares, a decline of 10.2% from the August 31st total of 1,470,000 shares. Based on an average daily trading volume, of 362,800 shares, the short-interest ratio is currently 3.6 days. Currently, 0.2% of the company's shares are short sold.
View Diageo's Short Interest.
How often does Diageo pay dividends? What is the dividend yield for Diageo?: Diageo announced a semi-annual dividend on Tuesday, August 8th. Investors of record on Friday, August 25th will be paid a dividend of $2.5089 per share on Tuesday, October 17th. This represents a yield of 2.4%. The ex-dividend date is Thursday, August 24th. This is an increase from the stock's previous semi-annual dividend of $1.43.
Read our dividend analysis for DEO.
What ETFs hold Diageo's stock?: ETFs with the largest weight of Diageo (NYSE:DEO) stock in their portfolio include Avantis Responsible International Equity ETF (AVSD) and Avantis International Equity ETF (AVDE).Dimensional International Core Equity 2 ETF (DFIC).
Is Diageo a good dividend stock?: Diageo (NYSE:DEO) pays an annual dividend of $5.00 per share and currently has a dividend yield of 3.34%.
Read our dividend analysis for DEO.
What is Ivan Menezes' approval rating as Diageo's CEO?: 724 employees have rated Diageo Chief Executive Officer Ivan Menezes on Glassdoor.com. Ivan Menezes has an approval rating of 94% among the company's employees. This puts Ivan Menezes in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Diageo own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Diageo investors own include AT&T (T), Exxon Mobil (XOM), Johnson & Johnson (JNJ), Walt Disney (DIS), Verizon Communications (VZ), Wells Fargo & Company (WFC), Pfizer (PFE), JPMorgan Chase & Co. (JPM), Cisco Systems (CSCO) and Chevron (CVX).
What is Diageo's stock symbol?: Diageo trades on the New York Stock Exchange (NYSE) under the ticker symbol "DEO."
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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Diageo's stock price today?: One share of DEO stock can currently be purchased for approximately $149.18.
How much money does Diageo make?: Diageo (NYSE:DEO) has a market capitalization of $83.80 billion and generates $21.42 billion in revenue each year.
How many employees does Diageo have?: The company employs 30,419 workers across the globe.
Does Diageo have any subsidiaries?: The following companies are subsidiares of Diageo: Aviation Gin, Belsazar, Brandhouse Beverages, Casamigos tequila, Chalone Wine Group, Diageo Brands B.V., Diageo Capital plc, Diageo Finance plc, Diageo Great Britain Limited, Diageo Investment Corporation, Diageo Ireland, Diageo North America Inc., Diageo Scotland Limited, Ketel One Worldwide, Meta Abo Brewery Share Company, Mey, Mey İçki Sanayi ve Ticaret A.Ş, Seedlip, Sichuan Chengdu Shuijingfang Group Company, Stirrings LLC, Tequila Don Julio SA de CV, The Old Bushmills Distillery Co, United National Breweries, United Spirits Limited, United Spirits Limited, and Ypióca Agroindustrial.
Read More
How can I contact Diageo?: Diageo's mailing address is LAKESIDE DRIVE PARK ROYAL, LONDON X0, NW10 7HQ. The official website for the company is www.diageo.com. The company can be reached via phone at 442079479100, via email at investor.relations@diageo.com, or via fax at 44-20-8978-8501.

This page (NYSE:DEO) was last updated on 10/1/2023 by MarketBeat.com Staff

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