Diageo (NYSE:DEO) Getting Very Favorable Media Coverage, Analysis Finds

News coverage about Diageo (NYSE:DEO) has been trending very positive this week, according to InfoTrie Sentiment Analysis. The research group ranks the sentiment of media coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Diageo earned a media sentiment score of 3.67 on their scale. InfoTrie also assigned news headlines about the company an news buzz score of 2 out of 10, indicating that recent media coverage is very unlikely to have an effect on the company’s share price in the near future.

These are some of the news articles that may have impacted Diageo’s ranking:

Shares of NYSE:DEO traded up $12.03 on Thursday, reaching $130.37. 1,339,584 shares of the company traded hands, compared to its average volume of 665,191. Diageo has a fifty-two week low of $100.52 and a fifty-two week high of $176.22. The company’s 50 day moving average is $142.76 and its 200-day moving average is $158.51. The stock has a market capitalization of $79.57 billion, a PE ratio of 19.31, a P/E/G ratio of 3.05 and a beta of 0.54. The company has a debt-to-equity ratio of 1.14, a current ratio of 1.15 and a quick ratio of 0.53.

The business also recently disclosed a semi-annual dividend, which will be paid on Tuesday, April 14th. Stockholders of record on Friday, February 28th will be paid a dividend of $1.4355 per share. This represents a dividend yield of 2.2%. The ex-dividend date is Thursday, February 27th. Diageo’s dividend payout ratio is presently 42.22%.

DEO has been the topic of a number of research reports. Argus downgraded Diageo from a “buy” rating to a “hold” rating in a research note on Tuesday, February 4th. Zacks Investment Research cut Diageo from a “hold” rating to a “sell” rating and set a $115.00 target price for the company. in a research note on Monday. Goldman Sachs Group began coverage on Diageo in a report on Wednesday, February 26th. They set a “buy” rating on the stock. ValuEngine upgraded shares of Diageo from a “sell” rating to a “hold” rating in a research report on Friday, January 31st. Finally, JPMorgan Chase & Co. reissued an “underweight” rating on shares of Diageo in a report on Tuesday, March 17th. Four equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and four have issued a buy rating to the company. Diageo presently has a consensus rating of “Hold” and an average price target of $145.00.

Diageo Company Profile

Diageo plc, together with its subsidiaries, produces, markets, and sells alcoholic beverages worldwide. The company offers a collection of brands across spirits, beer, cider, and wine categories. Its brands include Johnnie Walker, Crown Royal, J&B, Buchanan's and Windsor whiskies, Smirnoff, Cîroc and Ketel One vodkas, Captain Morgan, Baileys, Don Julio, Bundaberg, McDowell's No.

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