NYSE:DEO

Diageo - DEO Stock Forecast, Price & News

$189.57

+0.44 (+0.23%)

(As of 08/16/2022 04:33 PM ET)

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Today's Range: $187.83
▼
$189.69
50-Day Range: $167.67
▼
$192.22
52-Week Range: $166.24
▼
$223.14

Volume: 355,583 shs
Average Volume: 410,881 shs
Market Capitalization: $108.42 billion

P/E Ratio: N/A
Dividend Yield: 1.61%
Price Target: N/A

Diageo MarketRank™ Forecast

Analyst Rating: N/A
Upside/Downside: N/A
Short Interest: Healthy
0.10% of Float Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.65
Based on 2 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 10.36%
From $8.30 to $9.16 Per Share

Overall MarketRank^™

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

1.87 out of 5 stars

Consumer Staples Sector

114th out of 152 stocks

Beverages Industry

11th out of 14 stocks

N/A

Analyst's Opinion

Consensus Rating
There is not enough analysis data for Diageo.

5.0

Short Interest

Percentage of Shares Shorted
0.10% 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 1.3, 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 39.32%, indicating that investor sentiment is improving significantly.

1.7

Dividend Strength

Dividend Yield
Diageo pays a meaningful dividend of 1.61%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Diageo does not have a long track record of dividend growth.
Dividend Sustainability
Based on earnings estimates, Diageo will have a dividend payout ratio of 33.30% 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.

2.0

News and Social Media Coverage

News Sentiment
Diageo has a news sentiment score of 0.65. 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 0.46 average news sentiment score of Consumer Staples companies.
News Coverage This Week
MarketBeat has tracked 2 news articles for Diageo this week, compared to 2 articles on an average week.
Search Interest
Only 8 people have searched for DEO on MarketBeat in the last 30 days. This is a decrease of -20% compared to the previous 30 days.
MarketBeat Follows
Only 5 people have added Diageo to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% 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 9.23% of the stock of Diageo is held by institutions.

1.3

Earnings and Valuation

Earnings Growth
Earnings for Diageo are expected to grow by 10.36% in the coming year, from $8.30 to $9.16 per share.
Price to Earnings Growth Ratio
Diageo has a PEG Ratio of 2.60. 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 8.56. 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, produces, markets, and sells alcoholic beverages worldwide. The company offers scotch, whisky, gin, vodka, rum, ready to drink products, Irish cream liqueur, raki, liqueur, wine, tequila, Canadian whisky, American whiskey, cachaca, and brandy, as well as beer, including cider and non-alcoholic products. It provides its products under the Johnnie Walker, Crown Royal, Bulleit and Buchanan's whiskies, Smirnoff, Cîroc and Ketel One vodkas, Casamigos, DeLeon and Don Julio tequilas, Captain Morgan, Baileys, Tanqueray, and Guinness brands. The company has operations in North America, Europe, Turkey, Africa, Latin America, the Caribbean, the Asia Pacific, and internationally. The company was incorporated in 1886 and is headquartered in London, the United Kingdom.

Analysts Set New Price Targets

A number of brokerages recently issued reports on DEO. Societe Generale lifted their target price on Diageo from GBX 4,250 ($51.35) to GBX 4,500 ($54.37) in a report on Tuesday, April 19th. StockNews.com raised shares of Diageo from a "hold" rating to a "buy" rating in a research report on Friday, July 29th. Morgan Stanley reduced their price target on shares of Diageo from GBX 4,500 ($54.37) to GBX 4,100 ($49.54) in a research report on Tuesday, June 28th. Deutsche Bank Aktiengesellschaft boosted their target price on shares of Diageo from GBX 3,230 ($39.03) to GBX 3,300 ($39.87) in a research note on Friday, July 29th. Finally, Barclays raised their price objective on Diageo from GBX 5,040 ($60.90) to GBX 5,430 ($65.61) in a research report on Friday, July 29th. Two equities research analysts have rated the stock with a sell rating, two have given a hold rating and six have given a buy rating to the company's stock. According to data from MarketBeat, the stock has a consensus rating of "Hold" and an average price target of $4,192.50.

Diageo Stock Up 0.1 %

DEO Stock opened at $189.13 on Tuesday. The firm has a 50 day moving average of $179.25 and a two-hundred day moving average of $190.31. Diageo has a 12 month low of $166.24 and a 12 month high of $223.14. The company has a debt-to-equity ratio of 1.60, a current ratio of 1.53 and a quick ratio of 0.69.

Diageo Increases Dividend

The business also recently declared a semi-annual dividend, which will be paid on Tuesday, October 25th. Shareholders of record on Friday, August 26th will be given a $2.2775 dividend. The ex-dividend date is Thursday, August 25th. This represents a dividend yield of 2%. This is a boost from Diageo's previous semi-annual dividend of $1.57.

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DEO Stock News Headlines

August 7, 2022 | cnbc.com

George Clooney had tequila, Ryan Reynolds gin. For female celebrities? Wine is in - CNBC

August 6, 2022 | americanbankingnews.com

Berenberg Bank Raises Diageo (NYSE:DEO) Price Target to GBX 4,160

August 4, 2022 | americanbankingnews.com

UBS Group Raises Diageo (NYSE:DEO) Price Target to GBX 4,500

August 3, 2022 | benzinga.com

Global Mezcal Market Intelligence Report 2022: Featuring Key Players Bacardi, Diageo, Madre Mezcal and Ot - Benzinga

August 3, 2022 | americanbankingnews.com

Jefferies Financial Group Weighs in on Diageo plc's FY2025 Earnings (NYSE:DEO)

August 2, 2022 | forbes.com

Scotch Whisky’s ‘Experience Scotland’: A New Level Of Luxury - Forbes

August 2, 2022 | finance.yahoo.com

Snack, Deodorant Makers Target Cost-Conscious Shoppers With New Brands and Sizes

August 2, 2022 | americanbankingnews.com

Diageo (NYSE:DEO) PT Raised to GBX 5,430

August 2, 2022 | americanbankingnews.com

Royal Bank of Canada Increases Diageo (NYSE:DEO) Price Target to GBX 3,000

August 2, 2022 | americanbankingnews.com

Diageo (NYSE:DEO) PT Raised to GBX 4,550

August 1, 2022 | americanbankingnews.com

Deutsche Bank Aktiengesellschaft Boosts Diageo (NYSE:DEO) Price Target to GBX 3,300

August 1, 2022 | americanbankingnews.com

Diageo (NYSE:DEO) Lifted to Buy at StockNews.com

August 1, 2022 | americanbankingnews.com

Diageo plc (NYSE:DEO) Receives $4,180.00 Consensus Price Target from Analysts

July 28, 2022 | nasdaq.com

Diageo Posts Strong FY22 Results - Nasdaq

July 28, 2022 | reuters.com

Diageo sales top forecast as drinkers go upmarket - Reuters

July 27, 2022 | marketwatch.com

Diageo Could Be Set to Face the Pandemic Hangover -- Earnings Preview - MarketWatch

July 25, 2022 | nasdaq.com

Here's How Diageo (DEO) is Placed Just Ahead of FY22 Earnings - Nasdaq

July 25, 2022 | finance.yahoo.com

Here's How Diageo (DEO) is Placed Just Ahead of FY22 Earnings

July 7, 2022 | barrons.com

How Tequila Might Make Diageo Recession-Proof - Barron's

July 5, 2022 | businesswire.com

Diageo and The Vita Coco Company Collaborate for Premium Canned Cocktail Line - Business Wire

June 30, 2022 | businesswire.com

Worldwide Whiskey Industry to 2027 - Featuring Diageo, Bacardi, Pernod Ricard and Constellation Brands Among Others - ResearchAndMarkets.com - Business Wire

June 29, 2022 | businesswire.com

Summer Is Here! Diageo North America Shares Six Tips to Celebrate Responsibly This Season - Business Wire

June 18, 2022 | seekingalpha.com

Diageo shares rise as Credit Suisse calls for buying opportunity (NYSE:DEO) - Seeking Alpha

June 17, 2022 | finance.yahoo.com

The Zacks Analyst Blog Highlights Procter & Gamble, Sony Group, Diageo, Toyota Motor and Intuitive Surgical - Yahoo Finance

June 16, 2022 | finance.yahoo.com

CROWN ROYAL CONTINUES TO CHAMPION THE RODEO COMMUNITY AT THE BILL PICKETT INVITATIONAL RODEO IN CELEBRATION OF JUNETEENTH

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

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DEO Company Calendar

Today: 8/16/2022
Fiscal Year End: 6/30/2023

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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: 442089786000
Fax: 44-20-8978-8501
Employees: 28,025
Year Founded: 1997

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: N/A
Forward P/E Ratio: 22.84
P/E Growth: 2.6
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: 1.60
Current Ratio: 1.53
Quick Ratio: 0.69

Sales & Book Value

Annual Sales: $19.43 billion
Price / Sales: 5.58
Cash Flow: $9.70 per share
Price / Cash Flow: 19.55
Book Value: $22.14 per share
Price / Book: 8.56

Miscellaneous

Outstanding Shares: 571,919,000
Free Float: N/A
Market Cap: $108.42 billion
Optionable: Optionable
Beta: 0.67

Social Links

Key Executives

Mr. Ivan M. Menezes (Age 63)
CEO & Exec. Director
Comp: $4.69M
Ms. Lavanya Chandrashekar
CFO & Director
Ms. Debra A. Crew (Age 51)
Chief Operating Officer
Ms. Yvonne Harrison
Corp. Information Officer
Mr. Tom Shropshire
Gen. Counsel & Company Sec.
Ms. Rajalakshmi Azariah
Head of Corp. & Brand Communications
Ms. Cristina Diezhandino (Age 55)
Chief Marketing Officer
Louise Prashad
Chief HR Officer
Mr. John O'Keeffe (Age 50)
Pres of Asia Pacific & Global Travel
Mr. John Thomas Kennedy (Age 57)
Pres of Europe & India

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

DEO Stock - Frequently Asked Questions

Should I buy or sell Diageo stock right now?: 9 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Diageo in the last year. There are currently 2 sell ratings, 2 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street 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.
How have DEO shares performed in 2022?: Diageo's stock was trading at $220.14 at the start of the year. Since then, DEO shares have decreased by 14.1% and is now trading at $189.13.
View the best growth stocks for 2022 here.
Are investors shorting Diageo?: Diageo saw a drop in short interest in July. As of July 31st, there was short interest totaling 562,800 shares, a drop of 39.3% from the July 15th total of 927,500 shares. Based on an average daily trading volume, of 430,800 shares, the days-to-cover ratio is currently 1.3 days. Currently, 0.1% of the company's stock 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 Thursday, August 4th. Shareholders of record on Friday, August 26th will be given a dividend of $2.2775 per share on Tuesday, October 25th. This represents a yield of 2%. The ex-dividend date is Thursday, August 25th. This is an increase from the stock's previous semi-annual dividend of $1.57.
Read our dividend analysis for DEO.
Is Diageo a good dividend stock?: Diageo (NYSE:DEO) pays an annual dividend of $3.05 per share and currently has a dividend yield of 1.61%.
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."
Who are Diageo's major shareholders?: Diageo's stock is owned by a variety of institutional and retail investors. Top institutional investors include FMR LLC (0.51%), Wells Fargo & Company MN (0.39%), AKO Capital LLP (0.30%), BNP Paribas Arbitrage SA (0.30%), London Co. of Virginia (0.29%) and Brown Brothers Harriman & Co. (0.21%).
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 $189.13.
How much money does Diageo make?: Diageo (NYSE:DEO) has a market capitalization of $108.17 billion and generates $19.43 billion in revenue each year.
How many employees does Diageo have?: The company employs 28,025 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
When was Diageo founded?: Diageo was founded in 1997.
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 442089786000, via email at investor.relations@diageo.com, or via fax at 44-20-8978-8501.

This page (NYSE:DEO) was last updated on 8/16/2022 by MarketBeat.com Staff

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Diageo - DEO Stock Forecast, Price & News

Diageo MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Diageo (NYSE:DEO) Stock

Analysts Set New Price Targets

Diageo Stock Up 0.1 %

Diageo Increases Dividend

DEO Stock News Headlines

DEO Company Calendar

Industry, Sector and Symbol

Profitability

Debt

Sales & Book Value

Miscellaneous

Social Links

Key Executives

Key Competitors

Insiders & Institutions

DEO Stock - Frequently Asked Questions

MarketBeat Resources

Premium Research Tools

Market Data and Calendars

Investing Education and Resources

Overall MarketRank^™