Headlines about Diageo (NYSE:DEO) have trended somewhat positive recently, according to Accern Sentiment Analysis. The research firm identifies negative and positive press coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Diageo earned a media sentiment score of 0.08 on Accern’s scale. Accern also assigned headlines about the company an impact score of 45.6454183202226 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
These are some of the headlines that may have effected Accern’s rankings:
- ‘We are also in queue to recover UB Holding loan’ (thehindubusinessline.com)
- Diageo plc (DEO): Is this stock is Oversold? (stockquote.review)
- Diageo Announces $209 Million Investment In Scotch Whisky Tourism Projects (forbes.com)
- Diageo (DEO) Downgraded to “Sell” at Zacks Investment Research (americanbankingnews.com)
- Diageo (DEO) Given a $142.00 Price Target at Jefferies Group (americanbankingnews.com)
Shares of DEO stock traded down $0.54 on Monday, hitting $137.25. The company’s stock had a trading volume of 281,505 shares, compared to its average volume of 461,266. The firm has a market cap of $85,744.79, a PE ratio of 24.86, a PEG ratio of 2.86 and a beta of 0.70. The company has a current ratio of 1.31, a quick ratio of 0.63 and a debt-to-equity ratio of 0.69. Diageo has a fifty-two week low of $115.85 and a fifty-two week high of $147.62.
The company also recently announced a semiannual dividend, which was paid on Wednesday, April 11th. Shareholders of record on Friday, February 23rd were given a dividend of $1.4232 per share. This represents a yield of 1.96%. The ex-dividend date of this dividend was Thursday, February 22nd. Diageo’s dividend payout ratio is 61.78%.
A number of equities research analysts have issued reports on DEO shares. Zacks Investment Research raised shares of Diageo from a “hold” rating to a “buy” rating and set a $160.00 target price for the company in a research note on Wednesday, December 27th. Jefferies Group set a $157.00 price objective on shares of Diageo and gave the company a “buy” rating in a research note on Thursday, January 11th. Royal Bank of Canada lowered shares of Diageo from an “outperform” rating to a “sector perform” rating in a research note on Monday, January 29th. They noted that the move was a valuation call. BNP Paribas lowered shares of Diageo from an “outperform” rating to a “neutral” rating in a research note on Monday, January 29th. Finally, Macquarie raised shares of Diageo from an “underperform” rating to a “neutral” rating in a research note on Wednesday, February 7th. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and six have assigned a buy rating to the stock. The stock presently has an average rating of “Hold” and an average target price of $153.00.
Diageo Company Profile
Diageo plc, together with its subsidiaries, produces, markets, and sells alcoholic beverages worldwide. The company offers a collection of brands across spirits, beer, cider, and wine categories. Its brands include Johnnie Walker, Crown Royal, J&B, Buchanan's and Windsor whiskies, Smirnoff, Cîroc and Ketel One vodkas, Captain Morgan, Baileys, Don Julio, Tanqueray, and Guinness.
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