Diploma PLC (LON:DPLM) Receives Average Recommendation of “Moderate Buy” from Analysts

Shares of Diploma PLC (LON:DPLM) have been assigned a consensus rating of “Moderate Buy” from the eight brokerages that are covering the firm, MarketBeat reports. Three analysts have rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 1 year price target among brokers that have issued ratings on the stock in the last year is GBX 6,788.75.

DPLM has been the topic of several research reports. Deutsche Bank Aktiengesellschaft lifted their target price on Diploma from GBX 6,400 to GBX 7,200 and gave the stock a “buy” rating in a report on Wednesday, May 20th. Berenberg Bank raised their price target on Diploma from GBX 7,500 to GBX 9,000 and gave the company a “buy” rating in a report on Tuesday, May 19th. JPMorgan Chase & Co. raised their price target on Diploma from GBX 5,120 to GBX 5,760 and gave the company a “neutral” rating in a report on Friday, March 27th. Stifel Nicolaus raised their target price on shares of Diploma from GBX 6,200 to GBX 6,800 and gave the company a “buy” rating in a report on Thursday, March 19th. Finally, Royal Bank Of Canada raised their target price on shares of Diploma from GBX 6,600 to GBX 7,300 and gave the company an “outperform” rating in a report on Wednesday, May 20th.

Insiders Place Their Bets

In other Diploma news, insider Ian El-Mokadem bought 500 shares of the business’s stock in a transaction that occurred on Friday, March 20th. The stock was purchased at an average cost of GBX 5,820 per share, with a total value of £29,100. Also, insider Katie Bickerstaffe  bought 177 shares of the business’s stock in a transaction that occurred on Wednesday, May 20th. The stock was acquired at an average cost of GBX 6,730 per share, with a total value of £11,912.10. Company insiders own 1.14% of the company’s stock.

Diploma Trading Up 0.4%

Shares of DPLM opened at GBX 7,030 on Wednesday. The company has a debt-to-equity ratio of 47.65, a current ratio of 2.06 and a quick ratio of 0.80. Diploma has a 1 year low of GBX 4,632 and a 1 year high of GBX 7,295. The company has a 50 day simple moving average of GBX 6,778.01 and a two-hundred day simple moving average of GBX 5,924.49. The firm has a market cap of £9.43 billion, a P/E ratio of 49.93, a price-to-earnings-growth ratio of 2.82 and a beta of 0.92.

Diploma (LON:DPLM) last announced its quarterly earnings data on Tuesday, May 19th. The company reported GBX 74.70 earnings per share (EPS) for the quarter. Diploma had a net margin of 9.42% and a return on equity of 18.55%. The business had revenue of £851.10 million during the quarter. On average, equities analysts expect that Diploma will post 163.7995512 earnings per share for the current fiscal year.

About Diploma

Diploma PLC, together with its subsidiaries, supplies specialized technical products and services in the United Kingdom, Continental Europe, North America, and internationally. It operates through three business sectors: Life Sciences, Seals, and Controls. The Life Sciences sector supplies technology-enabled products used in surgical procedures in operating theatres and endoscopy; testing equipment and services for clinical laboratories; and bio-pharma, food safety and testing, and other research-oriented products.