ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for monitor Customisable watchlists with full streaming quotes from leading exchanges, such as LSE, NASDAQ, NYSE, AMEX, Bovespa, BIT and more.

DGE Diageo Plc

2,489.50
44.00 (1.80%)
11 Dec 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Diageo Plc LSE:DGE London Ordinary Share GB0002374006 ORD 28 101/108P
  Price Change % Change Share Price Shares Traded Last Trade
  44.00 1.80% 2,489.50 7,000,331 16:35:18
Bid Price Offer Price High Price Low Price Open Price
2,477.00 2,478.00 2,483.00 2,435.00 2,445.00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Wine & Alcoholic Bev-whsl 27.89B 3.87B 1.7393 14.25 54.41B
Last Trade Time Trade Type Trade Size Trade Price Currency
16:47:02 O 41 2,472.00 GBX

Diageo (DGE) Latest News (3)

Diageo News

Date Time Source Headline
11/12/202412:11UK RNSDiageo PLC Appointment of Joint Corporate Brokers
10/12/202418:17UK RNSDiageo PLC Director/PDMR Shareholding
10/12/202418:14UK RNSDiageo PLC Director/PDMR Shareholding
02/12/202412:44UK RNSDiageo PLC Total Voting Rights
13/11/202413:58UK RNSDiageo PLC Director/PDMR Shareholding
11/11/202417:33UK RNSDiageo PLC Director/PDMR Shareholding
11/11/202414:34UK RNSDiageo PLC Director/PDMR Shareholding
04/11/202411:34UK RNSDiageo PLC Director/PDMR Shareholding
01/11/202413:53UK RNSDiageo PLC Total Voting Rights
28/10/202412:20UK RNSDiageo PLC Director/PDMR Shareholding

Diageo (DGE) Discussions and Chat

Diageo Forums and Chat

Date Time Title Posts
12/12/202400:36Diageo - Global Distiller2,653
26/7/201800:27Diageo (DGE) One to Watch on Thursday -
17/9/201606:04Potential Reaction on Diageo (DGE)-
28/11/201212:30The Irresponsibly Active Diageo Investors Club20
19/11/200910:26Charts75

Add a New Thread

Diageo (DGE) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2024-12-11 16:52:002,472.00411,013.52O
2024-12-11 16:47:022,474.541,46236,177.76O
2024-12-11 16:42:232,474.0015371.10O
2024-12-11 16:37:042,489.501,60039,832.00AT
2024-12-11 16:36:592,489.502,00049,790.00AT

Diageo (DGE) Top Chat Posts

Top Posts
Posted at 11/12/2024 08:20 by Diageo Daily Update
Diageo Plc is listed in the Wine & Alcoholic Bev-whsl sector of the London Stock Exchange with ticker DGE. The last closing price for Diageo was 2,445.50p.
Diageo currently has 2,225,089,877 shares in issue. The market capitalisation of Diageo is £55,137,727,152.
Diageo has a price to earnings ratio (PE ratio) of 14.25.
This morning DGE shares opened at 2,445p
Posted at 21/11/2024 18:56 by mcunliffe1
I appreciate the more informative comeback Billy T C.


I bought into DGE in mid August 2023 at £32.32. It was meant to be a divi. payer for me as being retired I'm looking to make enough divi. income in my SIPP to provide a draw-down each year for the luxuries in life without decreasing the overall pot size.

DGE is my worst performer. I have no idea why it's performing so badly with the likes of Guinness in their stable. Management undoubtedly plays a part in this.

I also worked for myself since age 27 but small-time; I.T. software developer working always on my own and with no staff. Didn't fancy the responsibility and the hassle and, importantly, being responsible for other people's errors or failings.

I've experienced a variety of managers in the companies I've developed software for and found little difference between male-female in respect of abilities. Equal mix of good and bad.

I'm happy to let my reasonably modest investment in DGE ride in the hope that once re-stocking the the Caribbean/South America is back in action and brighter days are expected with the US power change the share price will rise once more. We'll see.
Posted at 21/11/2024 16:11 by steve3sandal
The ICs now retired Chris Dillow used to flag the importance of the 200 day moving average. There’s a cracking chart at the top of this header. His stats, views were that selling when an share price broke through the 200 dma saved a lot of pain and a lot of money. DGE and its brands, market share, earnings will surely turn up eventually. If and when it does make higher lows through the 200 dma will signal that sentiment has turned. I hold mainly through FGT, hey ho.
Posted at 21/11/2024 13:16 by careful
Share price does not matter.
Profit, cash flow, dividends assets prospects do matter.

We fuss too much about the share price.
Move to America and it would be higher, so what for the long term holder.

We are all momentum traders now.
I will take DGE shares over Bitcoin any day.
Posted at 14/9/2024 08:25 by giltedge1
Terry Smith selling is off-putting, as DGE no longer meets his investment criteria. Took a loss I believe. Also trends of trading down in brands in some markets, millennials drinking less & high debt make DGE a hold at best. High gearing limits options for turnaround. The buybacks in the past using borrowed funds, at high share prices are proving costly.
Posted at 06/8/2024 20:31 by gibbs1
Diageo announces first sales slump since the pandemic

British drinks company Diageo seems to have lost its spirits after losing almost a tenth of its shares. Do troubles lie ahead for the Guinness maker?



By Dr Matthew Partridge
published 6 August 2024


Diageo’s CEO Debra Crew has warned that consumers are facing an “extraordinary environment”, says Madeleine Speed in the Financial Times. The drinks group’s shares lost almost a tenth after it produced its first global drop in sales since 2020. Revenue in the year to 30 June slipped by 1.4% to $20.3 billion, while the volume of drinks sold dropped by 5% as consumers lowered spending. The fall was very steep in Latin America, where net sales plummeted by 15%.


What's next for Diageo?

While Crew thinks that Diageo will eventually “get back on track” once the consumer environment improves, this could take time, and the outlook for the next year is also “grim”. Crew has had a controversial first year as CEO, say Aimee Donnellan and George Hay on Breakingviews. While her appointment last June was hailed “as a shining example of how to hand over power”, the group’s share price has since fallen by 30%. Of course, she can argue that Diageo’s headaches “are not excessive relative to its rivals”, with Pernod Ricard’s share price down 40% and Rémy Cointreau’s off 54%. China “is displaying less appetite for foreign spirits” while US consumers “are reducing expensive discretionary spending”.


Can Diageo take it up a scotch?

But this tough environment throws into question Diageo’s long-term assumption “that richer consumers will increasingly buy pricier drinks”. Crew could also have tempered the decline in Latin America if she had hiked marketing spending there rather than reducing it. Diageo’s “weak” results are “disappointing” and a reflection of the “ongoing short-term challenges facing the spirits industry”, says Killik & Co’s Mark Nelson. Nevertheless, overall sales of alcoholic drinks are still set “to grow at an above GDP rate over the medium term”, while spirits, particularly premium spirits, “are forecast to grow even faster”. Diageo also has a “strong” portfolio of spirits brands and “attractive221; emerging-markets exposure, especially in India and, in Guinness, it has “one of the few truly differentiated brands in beer”.




This article was first published in MoneyWeek's magazine.
Posted at 06/8/2024 10:24 by waldron
Down 30% in 5 years, are Diageo shares a no-brainer buy?

Charlie Keough
motely fool

Tue, 6 August 2024 at 9:42 am CEST·3-min read


It’s been a rough five years for Diageo (LSE: DGE) shareholders. During that time, its shares have lost 30.3% of their value. They’ve risen as high as £40.36 but they’re at one of their lowest points in five years right now, sitting at £23.57.

That’s not inspiring stuff from the alcohol beverage giant. I like to buy stocks that are gaining momentum but still look cheap. When it comes to gaining momentum, Diageo must have missed the memo.

But while its share price performance has been dire, I think there’s still a lot to like about the business. Could the FTSE 100 stock, now trading on 17.2 times earnings, be a no-brainer buy?

A rough spell

It hasn’t been an easy couple of years for the company. Weak consumer spending has impacted its share price. The business issued a profit warning earlier this year after sales in the Latin American and Caribbean region fell 21%.


With the ongoing cost-of-living crisis, consumers have been searching around for cheaper alternatives or even cutting out alcohol altogether. Unfortunately for shareholders, it seems like this will continue to be the case in the coming months.


Long-term performance

But there are two reasons I reckon the stock could be a no-brainer buy. The first is due to the premium brands it owns.

Yes, consumers have been tightening their belts. But with names such as Guinness, Captain Morgan, and Don Julio under its umbrella, I still back Diageo to perform over the long run.

As interest rates are cut, spending will pick up again. What’s more, although it has been a source of concern recently, in the years and decades to come, it’s predicted we’ll see strong economic growth in regions such as Latin America and the Caribbean. That should further help boost spending.


Rising yield

Reason number two is that its falling share price has pushed up its dividend yield.

Today, it sits at 3.4%.



On paper, a yield of that size may not seem like anything to write home about. However, there’s a caveat.

Yes, consumers have been tightening their belts. But with names such as Guinness, Captain Morgan, and Don Julio under its umbrella, I still back Diageo to perform over the long run.

As interest rates are cut, spending will pick up again. What’s more, although it has been a source of concern recently, in the years and decades to come, it’s predicted we’ll see strong economic growth in regions such as Latin America and the Caribbean. That should further help boost spending.


Rising yield

Reason number two is that its falling share price has pushed up its dividend yield. Today, it sits at 3.4%.



On paper, a yield of that size may not seem like anything to write home about. However, there’s a caveat.

Diageo is a Dividend Aristocrat. It has been nearly four decades since the business hasn’t paid a dividend. At times during those 37 years, we’ve experienced plenty of turmoil in the stock market. So, its consistent payout is mighty impressive.

When it comes to dividends, some investors may feel like chasing the highest payout is the smartest way to make gains.

However, people who bought Vodafone for its meaty 11.1% would have found out this often isn’t sustainable. The telecommunications giant announced earlier this year its dividend will be slashed in half from next year.

Dividends are never guaranteed. So, at least with a track record like Diageo’s, I’m confident the business will keep prioritising shareholder returns in the years to come, despite the challenges it may face.
I’d buy

Don’t get me wrong, Diageo will be a slow burner. In the months ahead I expect further volatility and its share price may continue to put up an uninspiring performance.

But as an investor who focuses on the long term, that doesn’t bother me all too much. Despite tough trading conditions, I back Diageo to get back on its feet. If I had the cash, I’d snap up some shares today.
Posted at 02/8/2024 10:45 by redartbmud
phil Posts 2441 & 2449
Do you reckon that they are all using the same AI models to conjure up their numbers for the Dge share price?
Bit of a difference in the range.

red
Posted at 20/7/2024 08:03 by laurence llewelyn binliner
#La Forge, if we compare RI to DGE over 12/24/60 month charts, the down trend is broadly similar for both companies, I will be looking to add DGE, being exposed to FX on dividend income just adds another layer of risk, and the banks are not well known for their charity on FX translations.. :o)

I have 51.625 pence for the next dividend pencilled in, DGE have an enviable 24 year record for progressive dividends, and despite a softening of sales/profits I think they will still maintain it..

DGE peaked at 4000 Xmas 2021 just as interest rates started to climb and the share price has trended down to 2500 continuously as rates hit 5.25% today..

Trading update 30th / outlook / guidance
FED interest rate decision 31st
BOE interest rate decision 01st August

A busy few days, but the catalysts (IMO) are all there to be triggered for a reversal in the share price trend, maybe add on 30th TU to get ahead of a rate cut and keep your fingers crossed for a day and pay a bit more IF the cuts happen.. :o)
Posted at 17/5/2024 17:54 by xtrmntr
There was a time, not so long ago, when Diageo (DGE) seemed to be one of the more dependable investment options within the FTSE 100. Indeed, if you were to plot the beverage group's share price against the performance of the FTSE All-Share since the turn of the millennium, you could tell at a glance that it's been a low-volatility, low-beta affair. The stock has proved itself to be remarkably resilient during economic downturns, reflecting the relatively inelastic demand profile where alcoholic beverages are concerned – "relatively" being the operative word.Unfortunately, things went awry last November when the group warned of a steep decline in organic net sales brought about by a faltering performance in its Latin American and Caribbean markets. The profit warning startled the market, as bosses had reiterated medium-term guidance of net sales growth in the range of 5-7 per cent only a few weeks beforehand.The share price duly fell by 12 per cent in response, but it could be argued that it had been in a downtrend since as early as April 2022. On that basis, Diageo's share price decline is in line with its average peak-to-trough fall of 22 per cent recorded during the five periods of prolonged share price weakness since 2000. As with any stock, progress has not been linear, and share price movements have certainly been reflective of financial performance. Yet based on trading volume statistics, the shares have been more tightly held since July 2009 - and it's not difficult to appreciate why. The predictability of Diageo's financial performance through the years, allied to its high profit margins, brand strength and a proven ability to generate free cash flow, means that the stock has become one of the stalwarts of UK investment funds and pension portfolios. Institutional investors and insiders now account for 74 per cent of the issued shares. Consequently, the stock's forward multiples rarely, if ever, point to mispricing based on consensus expectations. But it's worth examining if the latest bout of share price weakness has given way to a viable long-term investment opportunity.Neither Diageo, nor its spirits market counterpart, Pernod Ricard (FR: RI), look attractively priced based on their price/earnings-to-growth ratios, although this isn't particularly surprising given the maturity of their end markets – growth is a distinctly incremental affair, often tied in with their M&A strategies. The good news is that Diageo is growing cash profits at a much faster clip than its long-term average rate despite destocking issues in Latin America and the Caribbean.The group's cash generation is certainly one of its more attractive features, enabling it to readily service an admittedly hefty debt pile while pursuing M&A opportunities and share buybacks where appropriate. A quick ratio of 0.7 suggests that it may not have sufficient liquid assets to pay off short-term debts, although the group's inventory is larger than its current liabilities and trade debtors combined. S&P Global gives an A-minus credit rating with a stable outlook. This suggests that while Diageo might be "somewhat more susceptible to the adverse effects of changes in circumstances and economic conditions", its "capacity to meet its financial commitment on the obligation is still strong".Taking the debt burden into consideration, it makes sense to assess Diageo's current valuation based on its enterprise value (EV) relative to cash profits (Ebitda). And it's on this basis, rather than the standard price/earnings ratio, where some potential long-term value is apparent. The forward EV/Ebitda ratio is 25 per cent adrift of its five-year average at 13.9 times, or 44 per cent down on its loftiest rating over the period. Naturally, there is no guarantee that the stock will readily return to historical multiples, although a failure to do so would be at odds with the group's previous retracements.The group's forward dividend yield stands below the FTSE 100 average at 2.9 per cent. Although reinvested dividend income accounts for a high proportion of total returns in the UK, many of the highest-yielding stocks on the London market have delivered some of the poorest capital returns, whereas Diageo has been able to consistently grow its distributions and market valuation over time.Combining dividend increases with share price gains is the ideal scenario where equity investments are concerned. But Diageo's rejigged management team will need to convince the market that the group's targeted mid-single-digit growth rate in the US spirits market is within reach. The destocking issue in Latin America might be an even tougher nut to crack, but improvements on either front could function as a catalyst for the share price.
Posted at 28/1/2024 20:20 by richie1218
LEVISRUS I guess you wont be adding them, I'm expecting DGE share price to be back in the low 30s by the end of the week . Gla
Diageo share price data is direct from the London Stock Exchange

Diageo Frequently Asked Questions (FAQ)

What is the current Diageo share price?
The current share price of Diageo is 2489.5p.
How many Diageo shares are in issue?
Diageo has 2,225,089,877 shares in issue.
What is the market cap of Diageo?
The market capitalisation of Diageo is GBP 54.41 B.
What is the 1 year trading range for Diageo share price?
Diageo has traded in the range of 2,275.00p to 3,056.00p during the past year.
What is the PE ratio of Diageo?
The price to earnings ratio of Diageo is 14.25.
What is the cash to sales ratio of Diageo?
The cash to sales ratio of Diageo is 1.98.
What is the reporting currency for Diageo?
Diageo reports financial results in GBP.
What is the latest annual turnover for Diageo?
The latest annual turnover of Diageo is GBP 27.89B.
What is the latest annual profit for Diageo?
The latest annual profit of Diageo is GBP 3.87B.
What is the registered address of Diageo?
The registered address for Diageo is 16 GREAT MARLBOROUGH STREET, LONDON, W1F 7HS.
What is the Diageo website address?
The website address for Diageo is www.diageo.com/en.
Which industry sector does Diageo operate in?
Diageo operates in the WINE & ALCOHOLIC BEV-WHSL sector.

Your Recent History

Delayed Upgrade Clock