Diploma (LON:DPLM) Earns “Hold” Rating from Jefferies Financial Group

Diploma (LON:DPLM)‘s stock had its “hold” rating reissued by stock analysts at Jefferies Financial Group in a report issued on Wednesday,London Stock Exchange reports. They presently have a GBX 5,700 target price on the stock. Jefferies Financial Group’s price target indicates a potential downside of 15.93% from the company’s current price.

Other equities research analysts also recently issued reports about the company. Royal Bank Of Canada upped their target price on Diploma from GBX 6,600 to GBX 7,300 and gave the company an “outperform” rating in a report on Wednesday. JPMorgan Chase & Co. boosted their price objective on Diploma from GBX 5,120 to GBX 5,760 and gave the stock a “neutral” rating in a report on Friday, March 27th. Stifel Nicolaus upped their price objective on shares of Diploma from GBX 6,200 to GBX 6,800 and gave the company a “buy” rating in a research note on Thursday, March 19th. Shore Capital Group reiterated a “hold” rating on shares of Diploma in a report on Wednesday, March 18th. Finally, Berenberg Bank lifted their target price on shares of Diploma from GBX 7,500 to GBX 9,000 and gave the stock a “buy” rating in a research report on Tuesday. Five investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Diploma currently has an average rating of “Moderate Buy” and an average target price of GBX 6,626.25.

Diploma Trading Down 0.8%

Diploma stock opened at GBX 6,780 on Wednesday. The firm has a market cap of £9.09 billion, a price-to-earnings ratio of 49.38, a price-to-earnings-growth ratio of 2.82 and a beta of 0.92. Diploma has a 1 year low of GBX 4,558 and a 1 year high of GBX 7,295. The firm’s 50 day moving average price is GBX 6,334.43 and its two-hundred day moving average price is GBX 5,757.99. The company has a debt-to-equity ratio of 46.97, a quick ratio of 0.80 and a current ratio of 2.04.

Diploma (LON:DPLM) last released its quarterly earnings data on Tuesday, May 19th. The company reported GBX 74.70 earnings per share for the quarter. The business had revenue of £851.10 million during the quarter. Diploma had a return on equity of 14.17% and a net margin of 8.99%. On average, research analysts predict that Diploma will post 163.7995512 EPS for the current fiscal year.

Insider Buying and Selling at Diploma

In other Diploma news, insider Ian El-Mokadem purchased 500 shares of the stock in a transaction dated Friday, March 20th. The shares were acquired at an average price of GBX 5,820 per share, for a total transaction of £29,100. Corporate insiders own 1.14% of the company’s stock.

Diploma News Summary

Here are the key news stories impacting Diploma this week:

• Positive Sentiment: Diploma lifted growth guidance again after reporting strong first-half results, suggesting momentum is continuing into the second half. Diploma Shares Surge as Strong First-Half Results Trigger Another Guidance Upgrade (DPLM)
• Positive Sentiment: Royal Bank of Canada raised its price target on Diploma to GBX 7,300 from GBX 6,600 and reiterated an outperform rating, signaling improved confidence from analysts. Digital Look broker views
• Positive Sentiment: Berenberg also increased its target to GBX 9,000 from GBX 7,500 and maintained a buy rating, adding to the bullish analyst backdrop. Digital Look broker views
• Positive Sentiment: Coverage highlighting Diploma as a growth compounder and the strong controls division performance may be supporting investor enthusiasm for the stock. Diploma lifts growth guidance (again)
• Neutral Sentiment: The company’s reported quarterly results showed revenue of £851.1 million and EPS of GBX 74.70, which were broadly consistent with the upbeat guidance narrative. Diploma PLC earnings report
• Neutral Sentiment: Analysts’ consensus price target of about GBX 6,251 suggests some estimates still lag the newer, more optimistic broker targets. Diploma PLC receives GBX 6,251.25 consensus PT from analysts

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.