Should I buy or sell Diageo stock right now?

8 Wall Street 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 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 Wall Street research analysts have issued twelve-month price targets for Diageo's stock. Their DEO share price targets 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 13.6% 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 at the beginning of 2024. Since then, DEO stock has increased by 0.6% and is now trading at $146.48. View the best growth stocks for 2024 here .

Are investors shorting Diageo?

Diageo saw a decrease in short interest during the month of January. As of January 15th, there was short interest totaling 202,900 shares, a decrease of 15.6% from the December 31st total of 240,300 shares. Based on an average daily volume of 789,800 shares, the short-interest ratio is currently 0.3 days. Approximately 0.0% of the company's stock are sold short. View Diageo's Short Interest .

How often does Diageo pay dividends? What is the dividend yield for Diageo?

Diageo declared 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 $4.77 per share and currently has a dividend yield of 3.25%. 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) .

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 investors include Clearbridge Investments LLC (0.39%), Charles Schwab Investment Management Inc. (0.39%), Wells Fargo & Company MN (0.38%), UBS Group AG (0.30%), Markel Group Inc. (0.24%) and Massachusetts Financial Services Co. MA (0.19%).

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

Lowest-Rated StocksLowest-Rated

NYSE:DEO

Diageo (DEO) Stock Price, News & Analysis

$146.48

-1.25 (-0.85%)

(As of 02/9/2024 08:56 PM ET)

Compare

Today's Range: $146.30
▼
$147.11
50-Day Range: $137.51
▼
$149.91
52-Week Range: $135.63
▼
$190.02

Volume: 418,600 shs
Average Volume: 899,500 shs
Market Capitalization: $81.81 billion

P/E Ratio: N/A
Dividend Yield: 3.26%
Price Target: $166.37

Get Diageo alerts:

Diageo MarketRank™ Stock Analysis

Analyst Rating: Reduce
1.63 Rating Score
Upside/Downside: 13.6% Upside
$166.37 Price Target
Short Interest: Healthy
0.04% of Float Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: 1.27
Based on 8 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 4.96%
From $7.46 to $7.83 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.

1.82 out of 5 stars

Consumer Staples Sector

113th 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.
Price Target Upside/Downside
According to analysts' consensus price target of $166.37, Diageo has a forecasted upside of 13.6% from its current price of $146.48.
Amount of Analyst Coverage
Diageo has only been the subject of 4 research reports in the past 90 days.

5.0

Short Interest

Percentage of Shares Shorted
0.04% 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 0.3, 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 15.56%, indicating that investor sentiment is improving significantly.

1.7

Dividend Strength

Dividend Yield
Diageo pays a meaningful dividend of 3.25%, 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 60.92% 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.

4.0

News and Social Media Coverage

News Sentiment
Diageo has a news sentiment score of 1.27. 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 0.80 average news sentiment score of Consumer Staples companies.
News Coverage This Week
MarketBeat has tracked 8 news articles for Diageo this week, compared to 4 articles on an average week.
Search Interest
12 people have searched for DEO on MarketBeat in the last 30 days. This is an increase of 20% 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 20% 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 4.96% in the coming year, from $7.46 to $7.83 per share.
Price to Earnings Growth Ratio
Diageo has a PEG Ratio of 3.45. 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 6.99. 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 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

February 2, 2024 | msn.com

MARKET REPORT: Diageo shares fizz as it seeks a new chairman

February 2, 2024 | finance.yahoo.com

Diageo Digital Transformation Strategy Analysis Report 2023: Accelerators, Incubators, and Other Innovation Programs

February 12, 2024 | The Oxford Club (Ad)

Sneaky CEO Hides Monster AI Stock Under Secret Trade Name

The public isn't supposed to know about this monster AI stock under $5...It’s technology is quietly the engine that runs new powerful artificial intelligence models like ChatGPT. And Wall Street is getting hungry for more shares.

February 2, 2024 | msn.com

Guinness owner Diageo hunts new chairman amid sales slowdown

February 2, 2024 | americanbankingnews.com

Analysts Set Diageo plc (NYSE:DEO) Target Price at $166.37

January 31, 2024 | realmoney.thestreet.com

Diageo price target lowered by 50 GBp at UBS

January 31, 2024 | realmoney.thestreet.com

Diageo price target lowered by 300 GBp at JPMorgan

January 30, 2024 | benzinga.com

Diageo Stock (NYSE:DEO) Earnings Dates and Earning Calls

February 12, 2024 | The Oxford Club (Ad)

Sneaky CEO Hides Monster AI Stock Under Secret Trade Name

January 30, 2024 | seekingalpha.com

Diageo PLC (DEO) Q2 2024 Earnings Q&A Call Transcript

January 30, 2024 | seekingalpha.com

Diageo plc 2024 Q2 - Results - Earnings Call Presentation

January 30, 2024 | forbes.com

Diageo Shares Fall 4% As Latin And Caribbean Weakness Dents Sales

January 30, 2024 | msn.com

Diageo soothes investors on Latin America woes, shares recover

January 30, 2024 | nasdaq.com

Diageo H1 Operating Profit Declines; Organic Net Sales Down 0.6%

January 30, 2024 | msn.com

Johnnie Walker Maker Diageo Tanks After Missing Estimates, Latin America Woes Deepen

January 27, 2024 | seekingalpha.com

Diageo: A Stalwart, Finally "On Sale"

January 18, 2024 | seekingalpha.com

Diageo: Cyclical Headwinds Provide A Nice Entry Point

January 17, 2024 | msn.com

Rapper Diddy And Diageo Part Ways: A Look At The High-Stakes Split In The Beverage Industry

January 16, 2024 | msn.com

Diageo And Sean 'Diddy' Combs resolve legal dispute, sever ties

January 16, 2024 | msn.com

Diageo dips after Deutsche Banks warns on weak trends

January 11, 2024 | finance.yahoo.com

Should You Invest in Diageo plc (DEO)?

January 4, 2024 | realmoney.thestreet.com

Diageo cut to Hold at Argus amid rising costs, slowing growth

January 4, 2024 | finance.yahoo.com

Diageo plc: Downgrading to HOLD

December 29, 2023 | markets.businessinsider.com

Jefferies Reaffirms Their Hold Rating on Diageo (DEO)

December 28, 2023 | finance.yahoo.com

Bear of the Day: Diageo (DEO)

December 14, 2023 | finance.yahoo.com

How To Earn $500 Per Month From Diageo (NYSE: DEO) Stock

December 12, 2023 | uk.finance.yahoo.com

Diageo PLC (GUI.DU)

See More Headlines

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Company Calendar

Today: 2/11/2024
Fiscal Year End: 6/30/2024

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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: +13.6%
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: 19.64
P/E Growth: 3.45
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: 3.82
Cash Flow: $9.62 per share
Price / Cash Flow: 15.23
Book Value: $20.96 per share
Price / Book: 6.99

Miscellaneous

Outstanding Shares: 559,320,000
Free Float: N/A
Market Cap: $81.93 billion
Optionable: Optionable
Beta: 0.66

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Key Executives

Ms. Debra A. Crew (Age 53)
CEO & Executive Director
Comp: $250.96k
Ms. Lavanya Chandrashekar (Age 52)
CFO & Director
Comp: $2.03M
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. 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

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

Should I Buy Diageo Stock? DEO Pros and Cons Explained

These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of Diageo was last updated on Monday, January 29, 2024 at 1:19 PM.

Pros

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

Diageo plc is a well-established company that has been in operation since 1886.
It is a global leader in the production, marketing, and sale of alcoholic beverages.
Diageo plc offers a diverse range of popular brands, including scotch, gin, vodka, rum, and more.
The company has a strong presence in key markets such as the United States, Brazil, Mexico, South Africa, and Nigeria.
Recent developments and insights indicate positive growth potential for Diageo plc.

Cons

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

It is important to consider the current stock price before making an investment decision.
Market conditions and competition in the alcoholic beverage industry may impact Diageo plc's performance.
Fluctuations in currency exchange rates could affect the company's international operations.
Regulatory changes and restrictions on alcohol sales and marketing could pose challenges for Diageo plc.
Investors should carefully evaluate the financial terms and risks associated with investing in Diageo plc.

DEO Stock Analysis - Frequently Asked Questions

Should I buy or sell Diageo stock right now?: 8 Wall Street 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 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 Wall Street research analysts have issued twelve-month price targets for Diageo's stock. Their DEO share price targets 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 13.6% 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 at the beginning of 2024. Since then, DEO stock has increased by 0.6% and is now trading at $146.48.
View the best growth stocks for 2024 here.
Are investors shorting Diageo?: Diageo saw a decrease in short interest during the month of January. As of January 15th, there was short interest totaling 202,900 shares, a decrease of 15.6% from the December 31st total of 240,300 shares. Based on an average daily volume of 789,800 shares, the short-interest ratio is currently 0.3 days. Approximately 0.0% of the company's stock are sold short.
View Diageo's Short Interest.
How often does Diageo pay dividends? What is the dividend yield for Diageo?: Diageo declared 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 $4.77 per share and currently has a dividend yield of 3.25%.
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).
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 investors include Clearbridge Investments LLC (0.39%), Charles Schwab Investment Management Inc. (0.39%), Wells Fargo & Company MN (0.38%), UBS Group AG (0.30%), Markel Group Inc. (0.24%) and Massachusetts Financial Services Co. MA (0.19%).
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 2/12/2024 by MarketBeat.com Staff

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