Diageo plc (NYSE:DEO – Get Free Report) has been assigned an average rating of “Reduce” from the eight research firms that are presently covering the stock, MarketBeat.com reports. Three analysts have rated the stock with a sell rating, three have given a hold rating and two have assigned a buy rating to the company.
A number of equities analysts recently issued reports on the stock. Bank of America upgraded shares of Diageo from a “neutral” rating to a “buy” rating in a research note on Thursday, September 12th. Royal Bank of Canada upgraded shares of Diageo from an “underperform” rating to a “sector perform” rating in a report on Monday, August 12th. Citigroup upgraded Diageo from a “neutral” rating to a “buy” rating in a research note on Wednesday, July 3rd. Finally, The Goldman Sachs Group cut Diageo from a “neutral” rating to a “sell” rating in a research note on Friday, July 12th.
View Our Latest Report on Diageo
Hedge Funds Weigh In On Diageo
Diageo Trading Down 2.1 %
Diageo stock opened at $133.03 on Monday. Diageo has a 12 month low of $119.48 and a 12 month high of $161.64. The company has a market capitalization of $73.95 billion, a price-to-earnings ratio of 19.28, a price-to-earnings-growth ratio of 3.84 and a beta of 0.69. The business’s fifty day simple moving average is $129.28 and its two-hundred day simple moving average is $135.29. The company has a current ratio of 1.53, a quick ratio of 0.55 and a debt-to-equity ratio of 1.62.
Diageo Announces Dividend
The business also recently announced a semi-annual dividend, which will be paid on Thursday, October 17th. Shareholders of record on Friday, August 30th will be paid a dividend of $1.62 per share. The ex-dividend date of this dividend is Friday, August 30th. This represents a yield of 3.2%. Diageo’s dividend payout ratio is presently 72.61%.
Diageo Company Profile
Diageo plc, together with its subsidiaries, engages in the production, marketing, and sale of alcoholic beverages. The company offers scotch, gin, vodka, rum, raki, liqueur, wine, tequila, Chinese white spirits, cachaça, and brandy, as well as beer, including cider and flavored malt beverages. It also provides Chinese, Canadian, Irish, American, and Indian-Made Foreign Liquor whiskies, as well as flavored malt beverages, ready to drink, and non-alcoholic products.
Recommended Stories
- Five stocks we like better than Diageo
- What is MarketRank™? How to Use it
- 3 Stocks That Could Rise on European Bank Interest Rate Cuts
- Election Stocks: How Elections Affect the Stock Market
- Take Advantage of Village Farms Stock as Cannabis Market Evolves
- How to buy stock: A step-by-step guide for beginners
- MarketBeat Week in Review – 9/16 – 9/20
Receive News & Ratings for Diageo Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Diageo and related companies with MarketBeat.com's FREE daily email newsletter.