DGE.L - Diageo plc
| Previous close | 3,123.00 |
| Open | 3,113.50 |
| Bid | 3,105.50 x 0 |
| Ask | 3,107.00 x 0 |
| Day's range | 3,094.50 - 3,130.00 |
| 52-week range | 2,887.00 - 3,633.50 |
| Volume | 4,604,567 |
| Avg. volume | 4,313,170 |
| Market cap | 72.433B |
| Beta (5Y monthly) | 0.16 |
| PE ratio (TTM) | 24.25 |
| EPS (TTM) | 127.80 |
| Earnings date | 30 Jan 2020 |
| Forward dividend & yield | 0.70 (2.24%) |
| Ex-dividend date | 27 Feb 2020 |
| 1y target est | 2,916.05 |
- Stockopedia
Is there downside risk to the Diageo share price at 3,123p?
Momentum is sticky and persists for longer than investors tend to anticipate. The downside of this is that stocks with recent negative momentum are likely to c8230;
- Reuters
Diageo to pay £3.84 million to settle SEC charges it concealed liquor overshipments
The London-based company - whose brands include Johnnie Walker Scotch whisky, Smirnoff vodka, Tanqueray gin and Guinness beer - did not admit or deny wrongdoing, but agreed to cease and desist from further violations, the SEC said on Wednesday. According to the SEC, Diageo failed to publicly disclose how employees at its most profitable unit, Diageo North America, pushed distributors in its 2014 and 2015 fiscal years to buy more wine and spirits than they needed. The SEC said this "overshipping" enabled Diageo to report higher growth in operating profit and net sales than analysts expected, but was unsustainable because distributors would likely eventually push back on orders, and some did.
- Reuters - UK Focus
Diageo to pay $5 million to settle SEC charges over disclosure failures
- Fool.co.uk
Here’s how ‘Britain’s Warren Buffett’ is handling global uncertainty
The coronavirus has rattled financial markets at times over the last month. Here's how top UK portfolio manager Nick Train is handling the uncertainty. The post Here’s how 'Britain’s Warren Buffett' is handling global uncertainty appeared first on The Motley Fool UK.
- Zacks
Diageo (DEO) Relocates North America HQ to Lower Manhattan
Diageo (DEO) relocates its North America headquarters to Lower Manhattan. The move adds 350 new job opportunities for the city, in addition to the 150 jobs already on payroll.
- Reuters - UK Focus
Pernod Ricard cuts annual profit growth forecast due to China virus
French spirits group Pernod Ricard said on Thursday it was cutting its full-year profit growth outlook for 2019-2020 as the coronavirus epidemic in China was likely to have a severe impact on its third quarter performance. Pernod Ricard, which makes 10% of its sales in China, said it could not currently predict the duration and impact of the crisis but added that it nevertheless remained confident on its overall corporate strategy.
- Fool.co.uk
No savings at 60? I’d buy these 2 FTSE 100 dividend shares for a passive income
Rupert Hargreaves explains why he'd buy these two defensive, high-growth FTSE 100 dividend stocks for a passive income today.The post No savings at 60? I’d buy these 2 FTSE 100 dividend shares for a passive income appeared first on The Motley Fool UK.
- Fool.co.uk
3 FTSE 100 stocks I’m in love with this Valentine’s Day
I'd encourage our readers to do further due diligence on these three FTSE 100 (INDEXFTSE:UKX) shares.The post 3 FTSE 100 stocks I'm in love with this Valentine's Day appeared first on The Motley Fool UK.
- Fool.co.uk
A FTSE 100 dividend growth hero I have in my ISA and will never sell!
Royston Wild explains why this FTSE 100 dividend stock has pride of place in his stocks portfolio.The post A FTSE 100 dividend growth hero I have in my ISA and will never sell! appeared first on The Motley Fool UK.
- Stockopedia
Measuring the quality of Diageo (LON:DGE) as an investment
A company with a high Quality Rank has strong cash-generation, consistent profits, high rates of return on investment, high margins and robust financial health8230;
- Fool.co.uk
The best UK income stock I think you can buy for 2020 and beyond
This FTSE 100 stock could offer long -term income growth in my opinion.The post The best UK income stock I think you can buy for 2020 and beyond appeared first on The Motley Fool UK.
- Reuters - UK Focus
Coronavirus could a take toll on Remy Cointreau, Pernod Ricard profits- Moody's
Europe's biggest spirits companies could see a profit hit in the coming months from the Coronavirus outbreak, which is crimping tourism, retail and duty-free sales, and creating supply disruptions across China, according to a Moody's report. Remy Martin cognac maker Remy Cointreau and Chivas Regal whisky maker Pernod Ricard may suffer more than rivals because of their high exposure to the Chinese market and especially after celebrations were canceled for the Chinese New Year, one of the busiest periods for alcohol consumption. China is one of the world's largest drinkers of liquor, consuming 26% of global alcoholic beverage volumes, according to the report from credit rating agency Moody's Investor Service.
- Fool.co.uk
The one share I’d love to buy in a market crash
The quality of this FTSE 100 business has driven the shares almost 200% higher over 10 years.The post The one share I’d love to buy in a market crash appeared first on The Motley Fool UK.
- Fool.co.uk
Two FTSE 100 dividend stocks I’d snap up in February
Market volatility is creating FTSE 100 (INDEXFTSE: UKX) buying opportunities, says Edward Sheldon. The post Two FTSE 100 dividend stocks I’d snap up in February appeared first on The Motley Fool UK.
- Fool.co.uk
This FTSE 250 stalwart isn’t the only stock I’d buy for growth and income
Shares in drinks firm Britvic plc (LON:BVIC) rise on a reassuring update. Paul Summers thinks the stock still offers great value. The post This FTSE 250 stalwart isn't the only stock I'd buy for growth and income appeared first on The Motley Fool UK.
- Reuters - UK Focus
FTSE 100 dips, midcaps advance on Brexit day
- Reuters
Diageo tempers sales growth expectations amid trade uncertainties
The maker of Johnnie Walker Scotch whisky, Smirnoff vodka and Guinness stout said it expected annual underlying net sales growth to come in towards the lower end of its 4 to 6% mid-term guidance range, amid rising global trade uncertainty. The company highlighted volatility in India, Latin America and the Caribbean and said it saw reduced inventory levels and lower passenger traffic including through Hong Kong in its travel retail arm. Diageo, which sells 200 brands in 180 countries, also said operating profit rose 0.5% to 2.44 billion pounds ($3.21 billion) in the six months ended Dec. 31.
- Yahoo Finance UK
What to Watch: Deutsche Bank counts cost of turnaround, Unilever looks to sell tea business, Diageo warns on uncertainty
A daily overview of the top business, market, and economic stories to watch in the UK, Europe, and abroad.
- Bloomberg
Diageo Lowers Outlook as Viral Outbreak Threatens Travel
(Bloomberg) -- Want the lowdown on European markets? In your inbox before the open, every day. Sign up here.Diageo Plc, the world’s largest distiller, lowered its outlook for sales growth amid weakness in key markets including India as the industry faces risks from trade battles and the spread of the coronavirus.Sales growth will probably be near the lower end of the 4% to 6% targeted range in the year through June, Diageo said Thursday. Previously Diageo guided to the midpoint. Sales rose 4.2% on an adjusted basis in the six months through December, matching analysts’ estimates.Chief Executive Officer Ivan Menezes said in a statement that the distiller was facing increased levels of volatility and uncertainty in the global trade environment “and we would not be immune from further policy changes.” Diageo warned investors in September that trade tensions could undermine a positive start to the financial year.Sales from the travel retail division declined 18%, hindered by rising tensions and challenging trading conditions in the Mideast region and lower passenger traffic in cities including Hong Kong, which has been impacted by social unrest. Growth slowed in India as the economy weakened there. Economic and political unrest in countries such as Mexico, Peru and Chile affected Diageo’s business in Latin America.Diageo finds it hard to predict when economic conditions might improve in markets such as India, Chief Financial Officer Kathryn Mikells said on a call with journalists.She said it’s too soon to see what impact the coronavirus will have on business in China, where Diageo owns the Shui Jing Fang baijiu brand and has opened retail outlets for its Johnnie Walker Scotch whisky. Sales grew 24% in the market last year.Diageo has suspended travel to China, and ensuring the safety of staff in that country is the main priority, she said, adding that the mainland accounts for about 4% of total revenue.The shares rose 1.1% as of 8:36 a.m. in London. They have dropped about 9% in the past six months.Diageo benefits from geographic and portfolio diversity, Mikells said. The U.K. division held up fairly well despite concerns Brexit would weigh on consumption. The North American business --which accounts for a third of sales -- delivered revenue growth of 6%, helped by growth of spirits.(Updates with comments from CFO starting in fifth paragraph)To contact the reporters on this story: Thomas Buckley in London at tbuckley25@bloomberg.net;Deirdre Hipwell in London at dhipwell@bloomberg.netTo contact the editors responsible for this story: Eric Pfanner at epfanner1@bloomberg.net, Thomas Mulier, Anne PollakFor more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
- Reuters - UK Focus
LIVE MARKETS-Cherry on the cake: the yield curved inverted...AGAIN!
* Eyes on BoE meeting: rate cut hangs in balance Welcome to the home for real-time coverage of European equity markets brought to you by Reuters stocks reporters and anchored today by Danilo Masoni. There's like a perfect storm brewing between disappointing Q4 earnings and the coronavirus scare spooking markets, but it wouldn't be complete without a touch of macro gloom. The mighty U.S. recession omen, the yield curve, has inverted again this morning.
- Reuters - UK Focus
LIVE MARKETS-Opening snapshot: A sea of red
* Eyes on BoE meeting: rate cut hangs in balance Welcome to the home for real-time coverage of European equity markets brought to you by Reuters stocks reporters and anchored today by Danilo Masoni. Its shares were down more than 4% in early trade.
- Reuters - UK Focus
LIVE MARKETS-On our radar: Deutsche Bank, tech, watchmakers and autos
* Eyes on BoE meeting: rate cut hangs in balance Welcome to the home for real-time coverage of European equity markets brought to you by Reuters stocks reporters and anchored today by Danilo Masoni. There was no Fed change overnight to counter concerns over damage from the spreading new China virus and after a two-day bounce European shares are set to resume their slide from record levels. More Q4 earnings will also be on the radar and Deutsche Bank posting a larger-than-expected annual loss, its fifth in a row as Germany's top bank undergoes a costly overhaul, isn't exactly a good start to the day.
- Fool.co.uk
Forget the Euromillions! I’d rather invest in this FTSE 100 company
The chances of winning the Euromillions is extremely unlikely. Is buying Diageo shares a better bet?The post Forget the Euromillions! I’d rather invest in this FTSE 100 company appeared first on The Motley Fool UK.
- Investing.com
Premarket London Update: Diageo Organic Sales Rise in H1
Investing.com - Here is a summary from the most important regulatory news releases from the London Stock Exchange ahead of the U.K. market open on Thursday 30 January. Please refresh for updates for U.K. market news from the LSE’s RNS on individual U.K. shares from FTSE 100, FTSE 250 and FTSE All-Share.
- Reuters - UK Focus
Beer, wine, spirit makers pledge age-restriction labels on drinks
Twelve leading beer, wine and spirits companies have pledged to put clear age-restriction labels on their drinks and set tighter controls on access to their online content in a bid to reduce underage drinking. The International Alliance for Responsible Drinking (IARD), which includes Anheuser-Busch InBev, Diageo and Pernod Ricard, say age-restriction symbols or wording would be in place in all markets by 2024. The labels would also extend to alcohol-free versions of established brands.
