Monthly Drifts in Diageo plc ADR (DEO) Stock: A Closer Look

At the time of writing, Diageo plc ADR [DEO] stock is trading at $119.45, up 0.21%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The DEO shares have gain 0.25% over the last week, with a monthly amount drifted -12.66%, and not seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Diageo plc ADR [NYSE: DEO] stock has seen the most recent analyst activity on September 12, 2024, when BofA Securities upgraded its rating to a Buy. Previously, RBC Capital Mkts upgraded its rating to Sector Perform on August 12, 2024. On July 12, 2024, downgrade downgraded it’s rating to Sell. Citigroup upgraded its rating to a Buy. Exane BNP Paribas downgraded its rating to a Underperform. Argus downgraded its rating to Hold for this stock on January 04, 2024. In a note dated December 05, 2023, UBS downgraded an Sell rating on this stock.

For the past year, the stock price of Diageo plc ADR fluctuated between $117.84 and $154.71. Currently, Wall Street analysts expect the stock to reach $182.5 within the next 12 months. Diageo plc ADR [NYSE: DEO] shares were valued at $119.45 at the most recent close of the market. An investor can expect a potential return of 52.78% based on the average DEO price forecast.

Analyzing the DEO fundamentals

According to Diageo plc ADR [NYSE:DEO], the company’s sales were 20.29B for trailing twelve months, which represents an -1.86% plunge. Gross Profit Margin for this corporation currently stands at 0.6% with Operating Profit Margin at 0.28%, Pretax Profit Margin comes in at 0.25%, and Net Profit Margin reading is 0.17%. To continue investigating profitability, this company’s Return on Assets is posted at 0.08, Equity is 0.43 and Total Capital is 0.18. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 2.14.

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 118.96 points at the first support level, and at 118.48 for the second support level. However, for the 1st resistance point, the stock is sitting at 119.82, and for the 2nd resistance point, it is at 120.19.

Ratios To Look Out For

It is important to note that Diageo plc ADR [NYSE:DEO] has a current ratio of 1.53. As well, the Quick Ratio is 0.55, while the Cash Ratio is 0.11. Considering the valuation of this stock, the price to sales ratio is 3.27, the price to book ratio is 6.61 and price to earnings (TTM) ratio is 17.26.

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