Diageo plc ADR (NYSE: DEO) is -15.09% lower on its value in year-to-date trading and has touched a low of $105.72 and a high of $151.76 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 $108.42 in the last trading session, with the day’s loss setting it -0.47%.
Currently trading at $107.95, the stock is -1.65% and -6.22% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.36 million and changing -0.43% at the moment leaves the stock -14.13% off its SMA200. DEO registered -28.21% loss for a year compared to 6-month loss of -15.31%. The firm has a 50-day simple moving average (SMA 50) of $115.1118 and a 200-day simple moving average (SMA200) of $125.70705.
The stock witnessed a -0.17% gain in the last 1 month and extending the period to 3 months gives it a -12.80%, and is -5.46% down 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 1.94% over the week and 1.64% over the month.
Diageo plc ADR (DEO) has around 30092 employees, a market worth around $59.97B and $20.22B in sales. Current P/E ratio is 16.72 and Fwd P/E is 15.75. Profit margin for the company is 17.79%. Distance from 52-week low is 2.11% and -28.87% from its 52-week high. The company has generated returns on investments over the last 12 months (12.19%).
The EPS is expected to shrink by -10.19% this year
1097.0 institutions hold shares in Diageo plc ADR (DEO), with institutional investors hold 10.49% of the company’s shares. The shares outstanding are 555.55M, and float is at 555.53M with Short Float at 0.14%. Institutions hold 10.49% of the Float.
The top institutional shareholder in the company is FMR LLC with over 4.8 million shares valued at $605.74 million. The investor’s holdings represent 0.2143 of the DEO Shares outstanding. As of 2024-06-30, the second largest holder is BANK OF AMERICA CORP /DE/ with 4.75 million shares valued at $599.19 million to account for 0.212 of the shares outstanding. The other top investors are JPMORGAN CHASE & CO which holds 0.89 million shares representing 0.1596 and valued at over $111.84 million, while MORGAN STANLEY holds 0.1332 of the shares totaling 2.99 million with a market value of $376.39 million.
