Alert: Positive Fundamental Signals (12/15/23)-Diageo PLC (NYSE: DEO)


Diageo PLC (NYSE: DEO). Extremely significant positive changes in fundamentals have recently occurred: the consensus estimate for June, 2024 increased significantly, significant quarterly sales acceleration occurred, the consensus estimate for June, 2025 increased significantly, and significant quarterly earnings acceleration occurred.

In light of these very positive signals we are reviewing our current Overall Rating of F. We would view the shares with optimism pending completion of this review in the next several days.


Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to exceed the cost of capital, DEO is expected to continue to be a major Value Builder.

Diageo has a current Value Trend Rating of F (Lowest Rating). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Diageo has a slightly negative Power Rating of 36 and a poor Appreciation Score of 17, with the Lowest Value Trend Rating the result.

Recent Price Action

Diageo PLC (NYSE: DEO) stock closed at $142.85 on 12/15/23 after a modest decline of -2.0%. Moreover, unusually high trading volume at 158% of normal accompanied the decline. The stock has risen 1.7% during the last week but has been weak relative to the market over the last nine months.

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