DEO Stock Forecast, Price & News Diageo

By Dominique Vidalon PARIS -Pernod Ricard on Thursday said it planned more price increases in the second half of the year in China and the United States to protect its… The industry with the best average Zacks Rank would be considered the top industry , which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank would place in the bottom 1%. An industry with a larger percentage of Zacks Rank #1’s and #2’s will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4’s and #5’s. The Zacks Industry Rank assigns a rating to each of the 265 X Industries based on their average Zacks Rank.

Market Cap is calculated by multiplying the number of shares outstanding by the stock’s price. To calculate, start with total shares outstanding and subtract the number of restricted shares. Restricted stock typically is that issued to company insiders with limits on when it may be traded.Dividend YieldA company’s dividend expressed as a percentage of its current stock price. A number of other research analysts have also commented on the stock.

Price/book ratio can tell investors approximately how much they’re paying for a company’s assets, based on historical, rather than current, valuations. Historical valuations generally do not reflect a company’s current market value. Value investors frequently look for companies that have low price/book ratios.

We also sell both admissions and sponsorship packages for our investment conferences and advertising on our websites and newsletters. A number of institutional investors have recently added to or reduced their stakes in the stock. Moneta Group Investment Advisors LLC lifted its holdings in shares of Diageo by 98,968.5% in the fourth quarter.

An Ode to the Modern West: Lone River’s NEW Ranch Rita Variety Pack Steps on the Scene in Time for National Margarita Day

This news sentiment score is similar to the average news sentiment of Consumer Staples companies. Represents the company’s profit divided by the outstanding shares of its common stock. There may be delays, omissions, or inaccuracies in the Information. You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer.

Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist.

• Diageo plc, together with its subsidiaries, produces, markets, and sells alcoholic beverages.
• Its brands include Johnnie Walker, Crown Royal, J&B, Buchanan’s and Windsor whiskies, Smirnoff, Ciroc and Ketel One vodkas, Captain Morgan, Baileys, Don Julio, Tanqueray and Guinness.
• The ex-dividend date of this dividend is Thursday, March 2nd.
• Brands include Johnnie Walker blended scotch, Smirnoff vodka, Crown Royal Canadian whiskey, Captain Morgan rum, Casamigos tequila, Tanqueray gin, Baileys Irish Cream, and Guinness stout.
• Deutsche Bank Aktiengesellschaft dropped their price objective on shares of Diageo from GBX 3,160 ($38.51) to GBX 2,750 ($33.52) in a research note on Thursday, January 12th.
• Ownerin %Freefloat99.99Managed Account Advisors LLC0.64Shareholder percentage totals can add to more than 100% because some holders are included in the free float.

Barclays lifted their price objective on shares of Diageo from GBX 5,010 ($61.06) to GBX 5,100 ($62.16) in a research note on Friday, January 27th. Credit Suisse Group dropped their price objective on shares of Diageo from GBX 4,500 ($54.84) to GBX 4,200 ($51.19) in a research note on Friday, January 27th. Deutsche Bank Aktiengesellschaft dropped their price objective on shares of Diageo from GBX 3,160 ($38.51) to GBX 2,750 ($33.52) in a research note on Thursday, January 12th. Erste Group Bank lowered shares of Diageo from a “buy” rating to a “hold” rating in a research note on Friday, November 18th. Finally, JPMorgan Chase & Co. boosted their price target on shares of Diageo from GBX 4,350 ($53.02) to GBX 4,500 ($54.84) in a research note on Thursday, December 1st. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and four have assigned a buy rating to the stock.

Barclays Remains a Buy on Diageo (DGEAF)

The company’s shares closed yesterday at $42.40.According to TipRanks, Whyatt is ranked #… According to 34 analysts, the average rating for DEO stock is « Buy. » The 12-month stock price forecast is $198.32, which is an increase of 14.08% from the latest price. Diageo announced a semi-annual dividend on Tuesday, February 28th.

Since 1988 it has more than doubled the S&P 500 with an average gain of +24.52% per year. These returns cover a period from January 1, 1988 through February 6, 2023. Zacks Rank stock-rating system returns are computed monthly based on the beginning of the month and end of the month Zacks Rank stock prices plus any dividends received during that particular month. A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return. The monthly returns are then compounded to arrive at the annual return. Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations.

Transparency is our policy. Learn how it impacts everything we do

Its brands include Johnnie Walker, Crown Royal, J&B, Buchanan’s and Windsor whiskies, Smirnoff, Ciroc and Ketel One vodkas, Captain Morgan, Baileys, Don Julio, Tanqueray and Guinness. It also produces a range of ready to drink products mainly in the United Kingdom, Italy, South Africa, Australia, the United States and Canada. The Company has approximately 200 brands, including old and new, large and small, global and local, with brands sold in approximately 180 countries. Provide specific products and services to you, such as portfolio management or data aggregation.

© 2023 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided ‘as-is’ and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart’s disclaimer.

The idea is that more recent information is, generally speaking, more accurate and can be a better predictor of the future, which can give investors an advantage in earnings season. As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style. The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

DEO has a forward dividend yield of 2.13%.SeeDEO’s full dividends and stock split historyon the Dividend tab. Yahoo Finance Live anchors Dave Briggs, Seana Smith, and Allie Canal discuss Diageo PLC shares amid the multi-national alcohol distributor reports r… Finding the right blue-chip stocks to buy is likely to be a challenging year again, given a myriad of headwinds. However, stock selection is the key, and multiple growth and blue-chip stocks are expec…

Diageo falls Monday, still outperforms market

They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks. Market capitalization is calculated by taking a company’s share price and multiplying it by the total number of shares. In the Morningstar Style Box, large-cap names the top 21 stocks to buy in 2021 account for the largest 70% of U.S. stocks, mid-cap names account for the largest 70–90%, and small-cap names are the remaining 10% of companies. Diageo saw a increase in short interest in the month of February. As of February 28th, there was short interest totaling 1,250,000 shares, an increase of 23.8% from the February 13th total of 1,010,000 shares.

Investors of record on Friday, March 3rd will be given a dividend of $1.5187 per share on Tuesday, April 18th. The ex-dividend date of this dividend is Thursday, March 2nd. This is a positive change from the stock’s previous semi-annual dividend of $1.43. A valuation method that multiplies the price of a company’s stock by the total number of outstanding shares. The Company operates in various categories, including spirits and beer. The Company’s geographic segments include North America, Europe, Asia Pacific, Africa, America and Caribbean and Supply Chain and Procurement (SC&P).

Real-time analyst ratings, insider transactions, earnings data, and more. The Company’s principal products include Scotch whisky, Gin, Vodka, Rum, Beer, Irish Cream Liqueur, Wine, Raki, Tequila, Canadian Whisky, American Whiskey, Progressive Adult Beverages, Cachaca, Brandy and Ready to… This shortlist of high-quality companies with predictable cash flows and modest leverage are well-equipped for today’s market https://day-trading.info/ uncertainty. Diageo was created in 1997 following the merger of Grand Metropolitan and Guinness. Mergers and acquisitions remain part of the firm’s DNA, and subsequent transactions—some transformative, others bolt-on—have established Diageo as a global industry leader. Outside the top five firms, the industry is highly fragmented, and regional players often dominate in niche product categories or local markets.

These firms present a new wave of merger opportunities for the industry consolidators, including Diageo, to strengthen their presence in developing markets. Data are provided ‘as is’ for informational purposes only and are not intended for trading purposes. Data may be intentionally delayed pursuant to supplier requirements.

We’d like to share more about how we work and what drives our day-to-day business. Transparency is how we protect the integrity of our work and keep empowering investors to achieve their goals and dreams. And we have unwavering standards for how we keep that integrity intact, from our research and data to our policies on content and your personal data. CompareDEO’s historical performanceagainst its industry peers and the overall market. Price/sales represents the amount an investor is willing to pay for a dollar generated from a particular company’s sales or revenues.

Moneta Group Investment Advisors LLC now owns 2,023,969 shares of the company’s stock valued at $360,651,000 after purchasing an additional 2,021,926 shares in the last quarter. Morgan Stanley lifted its holdings in shares of Diageo by 13.2% in the fourth quarter. Morgan Stanley now owns 3,725,502 shares of the company’s stock valued at $663,848,000 after purchasing an additional 433,105 shares in the last quarter. Clearbridge Investments LLC lifted its holdings in shares of Diageo by 77.8% in the second quarter.

Diageo (DEO) 1H FY23 Earnings & Sales Rise on Strong Demand

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. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 to -2 .

Style is an investment factor that has a meaningful impact on investment risk and returns. Style is calculated by combining value and growth scores, which are first individually calculated. Even amid sluggish growth, pockets of value remain for long-term investors. With increased competition from all corners, consumer defensive companies are cutting costs to offset sluggish growth. Warren Buffett owns a little-known stock portfolio worth nearly $6 billion. New England Asset Management sold a big chunk of US Bancorp and all of its Bank of New York Mellon stake, similar to Berkshire Hathaway’s trades.

Diageo pays a meaningful dividend of 1.78%, higher than the bottom 25% of all stocks that pay dividends. Any copying, republication or redistribution of Lipper content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of Lipper. Lipper shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon. Ownerin %Freefloat99.99Managed Account Advisors LLC0.64Shareholder percentage totals can add to more than 100% because some holders are included in the free float. Do yourself a favor and shut out all the “experts” who say it’s impossible to retire on dividends alone.