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 3 sell ratings and 5 hold ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "reduce" DEO shares. View DEO analyst ratings or view top-rated stocks .

What is Diageo's stock price target for 2024?

8 analysts have issued 1-year target prices for Diageo's shares. Their DEO share price targets range from $122.62 to $191.49. On average, they expect the company's share price to reach $166.37 in the next year. This suggests a possible upside of 18.2% 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 2024?

Diageo's stock was trading at $145.66 on January 1st, 2024. Since then, DEO shares have decreased by 3.3% and is now trading at $140.79. View the best growth stocks for 2024 here .

Are investors shorting Diageo?

Diageo saw a drop in short interest in the month of March. As of March 31st, there was short interest totaling 561,000 shares, a drop of 40.3% from the March 15th total of 939,800 shares. Based on an average daily trading volume, of 774,800 shares, the days-to-cover ratio is currently 0.7 days. Currently, 0.1% 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, February 6th. Shareholders of record on Friday, March 1st will be given a dividend of $1.62 per share on Wednesday, April 17th. This represents a yield of 2.7%. The ex-dividend date of this dividend is Thursday, February 29th. Read our dividend analysis for DEO .

Is Diageo a good dividend stock?

Diageo (NYSE:DEO) pays an annual dividend of $3.22 per share and currently has a dividend yield of 2.37%. 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) . Dimensional International Core Equity 2 ETF (DFIC) .

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) .

Who are Diageo's major shareholders?

Diageo's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Confluence Investment Management LLC (0.15%), Douglas Lane & Associates LLC (0.08%), Saratoga Research & Investment Management (0.07%), Wealth Enhancement Advisory Services LLC (0.02%), Lincoln Capital LLC (0.01%) and Allen Mooney & Barnes Investment Advisors 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 .

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

NYSE:DEO

Diageo (DEO) Stock Price, News & Analysis

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$140.79

+0.44 (+0.31%)

(As of 04/18/2024 ET)

Compare

Today's Range: $140.15
▼
$141.75
50-Day Range: $136.07
▼
$154.70
52-Week Range: $135.63
▼
$190.02

Volume: 697,677 shs
Average Volume: 812,047 shs
Market Capitalization: $78.63 billion

P/E Ratio: N/A
Dividend Yield: 2.29%
Price Target: $166.37

Get Diageo alerts:

Diageo MarketRank™ Stock Analysis

Analyst Rating: Reduce
1.63 Rating Score
Upside/Downside: 18.2% Upside
$166.37 Price Target
Short Interest: Healthy
0.10% of Float Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.44
Based on 6 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 5.23%
From $7.45 to $7.84 Per Share

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.

1.38 out of 5 stars

Consumer Staples Sector

115th out of 134 stocks

Beverages Industry

10th out of 12 stocks

1.8

Analyst's Opinion

Consensus Rating
Diageo has received a consensus rating of Reduce. The company's average rating score is 1.63, and is based on no buy ratings, 5 hold ratings, and 3 sell ratings.
Amount of Analyst Coverage
Diageo has received no research coverage in the past 90 days.

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 0.7, 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 40.31%, indicating that investor sentiment is improving significantly.

1.7

Dividend Strength

Dividend Yield
Diageo pays a meaningful dividend of 2.37%, 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 41.07% 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.

3.0

News and Social Media Coverage

News Sentiment
Diageo has a news sentiment score of 0.44. 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 news sentiment score is similar to the average news sentiment of Consumer Staples companies.
News Coverage This Week
MarketBeat has tracked 6 news articles for Diageo this week, compared to 4 articles on an average week.
Search Interest
8 people have searched for DEO on MarketBeat in the last 30 days. This is an increase of 33% compared to the previous 30 days.
MarketBeat Follows
33 people have added Diageo to their MarketBeat watchlist in the last 30 days. This is an increase of 371% 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.

0.6

Earnings and Valuation

Earnings Growth
Earnings for Diageo are expected to grow by 5.23% in the coming year, from $7.45 to $7.84 per share.
Price to Earnings Growth Ratio
Diageo has a PEG Ratio of 3.21. 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 7.74. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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About Diageo Stock (NYSE:DEO)

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 Stock Price History

30 days | 90 days | 365 days | Advanced Chart

DEO Stock News Headlines

April 18, 2024 | fool.com

This Ridiculously Cheap Warren Buffett Stock Could Make You Richer

April 17, 2024 | prnewswire.com

CÎROC Limonata Invites you to Experience a Vacation to the Mediterranean in a City Near You

April 18, 2024 | DTI (Ad)

This company has increased its dividend every year for 54 years

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April 16, 2024 | prnewswire.com

CROWN ROYAL JOINS 2X ACM ENTERTAINER OF THE YEAR NOMINEE KANE BROWN AS THE OFFICIAL WHISKY OF THE 'IN THE AIR' TOUR

April 15, 2024 | prnewswire.com

BALCONES DISTILLING SEES "WHISKY FROM A NEW PERSPECTIVE" IN LATEST CAMPAIGN

April 11, 2024 | prnewswire.com

Experience Summer Like Never Before with DeLeón Tequila's 'Summer Done Different' Series and Win a Chance to Attend Summer Jam HTX

April 11, 2024 | prnewswire.com

Bulleit Frontier Whiskey 12-Year-Old Rye returns after five years

April 9, 2024 | prnewswire.com

USBG PRESENTS WORLD CLASS SPONSORED BY DIAGEO HEADS TO DENVER, CO TO HOST 2024 NATIONAL FINALS

April 18, 2024 | DTI (Ad)

This company has increased its dividend every year for 54 years

April 9, 2024 | barrons.com

Meet Europe's Mag 18. Novo Nordisk Stock, ASML, and Others Can Rival the Mag Seven.

April 7, 2024 | finance.yahoo.com

Diageo plc: Diageo Earnings: Near-Term Visibility Is Limited, but a Trough in the Cycle May Be Approaching

April 5, 2024 | msn.com

Diageo Stock (NYSE:DEO): Get Steady Dividend Growth with This Alcohol Giant

April 5, 2024 | prnewswire.com

Astral Tequila Introduces First-Ever MargaritaCon: A Nationwide Celebration of America's Favorite Cocktail, All for a Cause

March 29, 2024 | msn.com

Galway pub owner shares frustration after Diageo price increase – ‘We are sick of it’

March 29, 2024 | msn.com

Diageo price hike fails to bring cheer to hospitality sector

March 29, 2024 | yahoo.com

Uncle Luke Believes Diddy Is Being Targeted Due To Diageo Lawsuit

March 28, 2024 | seekingalpha.com

Diageo: The Business Is Too Resilient To Justify The Sell-Off

March 20, 2024 | msn.com

20 Highest Quality Scotch Whisky Brands in the World

March 19, 2024 | investorplace.com

St. Paddy's Day Picks: 3 Stocks to Shamrock Your Returns

March 19, 2024 | finance.yahoo.com

BLADE AND BOW TEES UP PARTNERSHIP WITH PROFESSIONAL GOLFER AND MAJOR CHAMPIONSHIP WINNER WYNDHAM CLARK TO ELEVATE GOLFERS' GAME ON AND OFF THE GREEN

March 18, 2024 | finance.yahoo.com

22 Best Whiskeys Under $50 in 2024

March 18, 2024 | msn.com

Rising costs cut into profits at Diageo and Tennent’s northern businesses

March 18, 2024 | finance.yahoo.com

20 Countries that Export the Most Rum in the World

March 17, 2024 | investorplace.com

The 3 Most Undervalued Warren Buffett Stocks to Buy in March 2024

March 17, 2024 | fool.com

3 Companies With Strong Irish Operations

March 16, 2024 | seekingalpha.com

Diageo: Not As Bad As It's Made Out To Be

March 15, 2024 | msn.com

Are these 2 FTSE 100 shares a buy? Major broker UBS thinks so!

See More Headlines

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Company Calendar

Ex-Dividend for 4/17 Dividend: 2/29/2024
Dividend Payable: 4/17/2024
Today: 4/18/2024
Fiscal Year End: 6/30/2024

Get Stock Alerts

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: 30,419
Year Founded: 1997

Price Target and Rating

Average Stock Price Target: $166.37
High Stock Price Target: $191.49
Low Stock Price Target: $122.62
Potential Upside/Downside: +18.2%
Consensus Rating: Reduce
Rating Score (0-4): 1.63
Research Coverage: 8 Analysts

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: N/A
Forward P/E Ratio: 18.90
P/E Growth: 3.21
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: 1.73
Current Ratio: 1.58
Quick Ratio: 0.65

Sales & Book Value

Annual Sales: $21.42 billion
Price / Sales: 3.67
Cash Flow: $9.96 per share
Price / Cash Flow: 14.14
Book Value: $18.20 per share
Price / Book: 7.74

Miscellaneous

Outstanding Shares: 558,460,000
Free Float: N/A
Market Cap: $78.63 billion
Optionable: Optionable
Beta: 0.66

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Key Executives

Ms. Debra Ann Crew (Age 54)
CEO & Executive Director
Comp: $250.26k
Ms. Lavanya Chandrashekar (Age 52)
CFO & Director
Comp: $2.02M
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

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

Should I Buy Diageo Stock? DEO Pros and Cons Explained

Pros

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

Diageo plc engages in the production, marketing, and sale of a wide range of alcoholic beverages, providing diversification within the industry.
The company offers a variety of well-known brands like Johnnie Walker, Guinness, and Smirnoff, which have strong market presence and consumer loyalty.
Diageo plc operates in multiple countries globally, allowing for geographical diversification and exposure to different markets.
Recent financial reports show a consistent revenue growth trend, indicating a healthy financial performance.
With a current stock price that has shown stability and potential for growth, investors may find Diageo plc's stock attractive.

Cons

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

As an alcoholic beverage company, Diageo plc is subject to regulatory risks and changes in consumer preferences, which could impact sales and profitability.
The competitive nature of the industry may pose challenges for Diageo plc in maintaining market share and pricing power.
Fluctuations in currency exchange rates can affect the company's financial performance, especially in international markets.
Any disruptions in the global supply chain could impact production and distribution, potentially affecting the company's operations.
Investors should consider the overall economic conditions and potential impact on consumer spending, which could influence demand for Diageo plc's products.

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 Saturday, April 13, 2024. Please send any questions or comments about these Diageo pros and cons to contact@marketbeat.com.

DEO Stock Analysis - 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 3 sell ratings and 5 hold ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "reduce" DEO shares.
View DEO analyst ratings or view top-rated stocks.
What is Diageo's stock price target for 2024?: 8 analysts have issued 1-year target prices for Diageo's shares. Their DEO share price targets range from $122.62 to $191.49. On average, they expect the company's share price to reach $166.37 in the next year. This suggests a possible upside of 18.2% 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 2024?: Diageo's stock was trading at $145.66 on January 1st, 2024. Since then, DEO shares have decreased by 3.3% and is now trading at $140.79.
View the best growth stocks for 2024 here.
Are investors shorting Diageo?: Diageo saw a drop in short interest in the month of March. As of March 31st, there was short interest totaling 561,000 shares, a drop of 40.3% from the March 15th total of 939,800 shares. Based on an average daily trading volume, of 774,800 shares, the days-to-cover ratio is currently 0.7 days. Currently, 0.1% 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, February 6th. Shareholders of record on Friday, March 1st will be given a dividend of $1.62 per share on Wednesday, April 17th. This represents a yield of 2.7%. The ex-dividend date of this dividend is Thursday, February 29th.
Read our dividend analysis for DEO.
Is Diageo a good dividend stock?: Diageo (NYSE:DEO) pays an annual dividend of $3.22 per share and currently has a dividend yield of 2.37%.
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).Dimensional International Core Equity 2 ETF (DFIC).
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).
Who are Diageo's major shareholders?: Diageo's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Confluence Investment Management LLC (0.15%), Douglas Lane & Associates LLC (0.08%), Saratoga Research & Investment Management (0.07%), Wealth Enhancement Advisory Services LLC (0.02%), Lincoln Capital LLC (0.01%) and Allen Mooney & Barnes Investment Advisors 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.
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

This page (NYSE:DEO) was last updated on 4/18/2024 by MarketBeat.com Staff

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