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Diageo plc ADR (DEO) Volatility At 0.74%, Should You Add A Position?

Diageo plc ADR (NYSE: DEO) is -9.86% lower on its value in year-to-date trading and has touched a low of $119.48 and a high of $171.07 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The DEO stock was last observed hovering at around $128.43 in the last trading session, with the day’s gains setting it 2.87%.

Currently trading at $131.30, the stock is 3.85% and 2.26% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.86 million and changing 2.23% at the moment leaves the stock -6.24% off its SMA200. DEO registered -22.09% loss for a year compared to 6-month loss of -13.08%.

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The stock witnessed a 2.20% gain in the last 1 month and extending the period to 3 months gives it a -6.03%, and is 2.47% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 0.74% over the week and 1.32% over the month.

Diageo plc ADR (DEO) has around 30092 employees, a market worth around $72.88B and $20.29B in sales. Current P/E ratio is 18.97 and Fwd P/E is 17.79. Profit margin for the company is 19.09%. Distance from 52-week low is 9.89% and -23.25% from its 52-week high. The company has generated returns on investments over the last 12 months (13.52%).

Diageo plc ADR quarterly earnings per share for the current quarter are estimated at 0.0 with sales reaching $21.56B over the same period.The EPS is expected to shrink by -3.40% this year, but quarterly earnings will post 6.40% year-over-year. Quarterly sales are estimated to grow 6.40% in year-over-year returns.

1081.0 institutions hold shares in Diageo plc ADR (DEO), with institutional investors hold 10.59% of the company’s shares. The shares outstanding are 555.04M, and float is at 555.02M with Short Float at 0.13%. Institutions hold 10.59% of the Float.

The top institutional shareholder in the company is BANK OF AMERICA CORP /DE/ with over 5.1 million shares valued at $758.44 million. The investor’s holdings represent 0.2274 of the DEO Shares outstanding. As of 2024-03-31, the second largest holder is FMR LLC with 4.84 million shares valued at $720.36 million to account for 0.216 of the shares outstanding. The other top investors are MORGAN STANLEY which holds 2.6 million shares representing 0.1161 and valued at over $387.06 million, while CLEARBRIDGE INVESTMENTS, LLC holds 0.1049 of the shares totaling 2.35 million with a market value of $349.79 million.

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