Diageo (DGE) Share Price, News & Analysis

Company Overview

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.

Key Stats

• Today's Range: 2,493.50 to 2,543.50
• 50-Day Range: 2,306 to 2,651.50
• 52-Week Range: 25.67 to 3,056
• Volume: 7.47 million shs
• Average Volume: 7.57 million shs
• Market Capitalization: £55.60 billion
• P/E Ratio: 1,897.35
• Dividend Yield: 3.15%
• Price Target: GBX 2,993.33
• Consensus Rating: Hold

Diageo Stock Analysis - MarketRank™

Diageo scored higher than 16% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.2 / 5
• Analyst Rating: Hold

Consensus Rating

Diageo has received a consensus rating of Hold. The company's average rating score is 2.43, and is based on 4 buy ratings, 2 hold ratings, and 1 sell rating.

Amount of Analyst Coverage

Diageo has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Diageo is 1,897.35, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 113.04.

Price to Earnings Ratio vs. Sector

The P/E ratio of Diageo is 1,897.35, which means that it is trading at a more expensive P/E ratio than the Consumer Defensive sector average P/E ratio of about 211.67.

Price to Earnings Growth Ratio

Diageo has a PEG Ratio of 1.75. 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 5.54. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for DGE.

Dividend

• Score: 0.8 / 5
• Dividend Strength: Weak

Dividend Yield

Diageo pays a meaningful dividend of 3.07%, 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 Coverage

The dividend payout ratio of Diageo is 5,984.85%. Payout ratios above 75% are not desirable because they may not be sustainable.

Sustainability and ESG

• Score: 0.0 / 5
• Environmental Score: -1.84

Short Interest

There is no current short interest data available for DGE.

News and Social Media

• Score: 1.0 / 5
• News Sentiment: -0.28

News Sentiment

Diageo has a news sentiment score of -0.28. 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 lower news sentiment than the 0.42 average news sentiment score of Consumer Defensive companies.

News Coverage This Week

MarketBeat has tracked 5 news articles for Diageo this week, compared to 4 articles on an average week.

Search Interest

Only 2 people have searched for DGE on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

MarketBeat Follows

Only 2 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.

Company Ownership

• Score: 3.3 / 5
• Insider Trading: Acquiring Shares

Insider Buying vs. Insider Selling

In the past three months, Diageo insiders have bought more of their company's stock than they have sold. Specifically, they have bought £24,764.38 in company stock and sold GBX 0 in company stock.

Percentage Held by Insiders

Only 0.11% of the stock of Diageo is held by insiders.

Percentage Held by Institutions

63.00% of the stock of Diageo is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

DGE Stock Analysis - Frequently Asked Questions

How have DGE shares performed this year?

Diageo's stock was trading at GBX 2,856 at the start of the year. Since then, DGE shares have decreased by 12.3% and is now trading at GBX 2,504.50.
View the best growth stocks for 2024 here.

How were Diageo's earnings last quarter?

Diageo plc (LON:DGE) issued its quarterly earnings data on Thursday, January, 31st. The company reported $77.00 EPS for the quarter, beating analysts' consensus estimates of $70.80 by $6.20. Diageo had a trailing twelve-month return on equity of 35.04% and a net margin of 19.09%.

How do I buy shares of Diageo?

Shares of DGE stock and other U.K. stocks can be purchased through online brokerage accounts that support trading on the London Stock Exchange (LSX). Some U.K. companies can be purchased through major U.S. brokerages in the form of American Depository Receipts (ADRs), which are placeholder equities held in a trust by a bank that represent shares of a foreign stock.
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What other stocks do shareholders of Diageo own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Diageo investors own include Diageo (DEO), Lloyds Banking Group (LLOY), Unilever (ULVR), GSK (GSK), Barclays (BARC), HSBC (HSBA) and Bank of America (BAC).

Company Calendar

• Last Earnings: 1/31/2019
• Ex-Dividend for 10/17 Dividend: 8/29/2024
• Dividend Payable: 10/17/2024
• Today: 12/22/2024

Industry, Sector and Symbol

• Stock Exchange: LON
• Sector: Consumer Defensive
• Industry: Beverages - Wineries & Distilleries
• Sub-Industry: N/A
• Current Symbol: LON:DGE
• CUSIP: N/A
• CIK: N/A
• Web: www.diageo.com
• Phone: +44-20-89786000
• Fax: N/A
• Employees: 30,269
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: GBX 2,993.33
• High Stock Price Target: GBX 3,640
• Low Stock Price Target: GBX 2,400
• Potential Upside/Downside: +19.5%
• Consensus Rating: Hold
• Rating Score (0-4): 2.43
• Research Coverage: 7 Analysts

Profitability

• EPS (Most Recent Fiscal Year): GBX 1.32
• Trailing P/E Ratio: 1,897.35
• Forward P/E Ratio: 15.62
• P/E Growth: 1.75
• Net Income: £3.87 billion
• Net Margins: 19.09%
• Pretax Margin: N/A
• Return on Equity: 35.04%
• Return on Assets: 8.30%

Debt

• Debt-to-Equity Ratio: 186.26
• Current Ratio: 1.53
• Quick Ratio: 0.62

Sales & Book Value

• Annual Sales: £20.27 billion
• Price / Sales: 2.74
• Cash Flow: GBX 69.65 per share
• Price / Cash Flow: 35.96
• Book Value: GBX 452 per share
• Price / Book: 5.54

Miscellaneous

• Outstanding Shares: 2,220,000,000
• Free Float: N/A
• Market Cap: £55.60 billion
• Optionable: Not Optionable
• Beta: 0.36