Investors may find better financial performance in Diageo plc ADR (DEO)

Diageo plc ADR [DEO] stock is trading at $149.42, up 1.29%. An important factor to consider is whether the stock is rising or falling in short-term value. The DEO shares have gain 2.11% over the last week, with a monthly amount drifted -3.41%, and not seem to be holding up well over a long-time horizon.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

On 19, March 2024, BLADE AND BOW TEES UP PARTNERSHIP WITH PROFESSIONAL GOLFER AND MAJOR CHAMPIONSHIP WINNER WYNDHAM CLARK TO ELEVATE GOLFERS’ GAME ON AND OFF THE GREEN. In a post published today on Yahoo Finance, Introducing The 19th Hole with Blade and Bow, A New Campaign Inviting Golfers of All Skill Levels to Ace their 18 Holes and Celebrate their 19th.

From an analyst’s perspective:

Diageo plc ADR [NYSE: DEO] stock has seen the most recent analyst activity on January 12, 2024, when Exane BNP Paribas downgraded its rating to a Underperform. Previously, Argus downgraded its rating to Hold on January 04, 2024. On December 05, 2023, downgrade downgraded it’s rating to Sell. JP Morgan downgraded its rating to a Neutral. TD Cowen initiated its recommendation with a Market Perform. Morgan Stanley downgraded its rating to Underweight for this stock on July 20, 2023, and downed its price target to $155. In a note dated June 15, 2023, Goldman downgraded an Neutral rating on this stock and revised its target price from $217.80 to $186.48.

Diageo plc ADR [DEO] stock has fluctuated between $135.63 and $190.02 over the past year. Currently, Wall Street analysts expect the stock to reach $225 within the next 12 months. Diageo plc ADR [NYSE: DEO] shares were valued at $149.42 at the most recent close of the market. An investor can expect a potential return of 50.58% based on the average DEO price forecast.

Analyzing the DEO fundamentals

Diageo plc ADR [NYSE:DEO] reported sales of 20.46B for the trailing twelve months, which represents a drop of -0.76%. Gross Profit Margin for this corporation currently stands at 0.6% with Operating Profit Margin at 0.29%, Pretax Profit Margin comes in at 0.25%, and Net Profit Margin reading is 0.19%. To continue investigating profitability, this company’s Return on Assets is posted at 0.07, Equity is 0.38 and Total Capital is 0.13. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 2.02.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 148.27 points at the first support level, and at 147.11 for the second support level. However, for the 1st resistance point, the stock is sitting at 150.01, and for the 2nd resistance point, it is at 150.59.

Ratios To Look Out For

For context, Diageo plc ADR’s Current Ratio is 1.58. On the other hand, the Quick Ratio is 0.65, and the Cash Ratio is 0.14. Considering the valuation of this stock, the price to sales ratio is 4.06, the price to book ratio is 8.54 and price to earnings (TTM) ratio is 21.08.

Related Posts