Diploma PLC (LON:DPLM) Receives Consensus Recommendation of “Moderate Buy” from Brokerages

Shares of Diploma PLC (LON:DPLM) have been assigned an average rating of “Moderate Buy” from the eight analysts that are currently covering the company, MarketBeat.com reports. Three analysts have rated the stock with a hold rating and five have given a buy rating to the company. The average 1-year price objective among brokers that have covered the stock in the last year is GBX 6,788.75.

DPLM has been the subject of several analyst reports. Berenberg Bank increased their target price on shares of Diploma from GBX 7,500 to GBX 9,000 and gave the stock a “buy” rating in a report on Tuesday, May 19th. Jefferies Financial Group reissued a “hold” rating and issued a GBX 7,000 target price on shares of Diploma in a report on Friday, May 29th. Shore Capital Group reissued a “hold” rating on shares of Diploma in a report on Wednesday, March 18th. Royal Bank Of Canada increased their target price on shares of Diploma from GBX 6,600 to GBX 7,300 and gave the stock an “outperform” rating in a report on Wednesday, May 20th. Finally, JPMorgan Chase & Co. increased their target price on shares of Diploma from GBX 5,120 to GBX 5,760 and gave the stock a “neutral” rating in a report on Friday, March 27th.

Insider Activity at Diploma

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

Diploma Price Performance

LON DPLM opened at GBX 6,990 on Wednesday. Diploma has a 52 week low of GBX 4,644 and a 52 week high of GBX 7,295. The firm has a market capitalization of £9.37 billion, a P/E ratio of 49.64, a PEG ratio of 2.82 and a beta of 0.92. The company has a quick ratio of 0.80, a current ratio of 2.06 and a debt-to-equity ratio of 47.65. The company has a 50-day moving average price of GBX 6,833.15 and a 200-day moving average price of GBX 5,957.15.

Diploma (LON:DPLM) last released its quarterly earnings results on Tuesday, May 19th. The company reported GBX 74.70 EPS for the quarter. The firm had revenue of £851.10 million during the quarter. Diploma had a net margin of 9.42% and a return on equity of 18.55%. Equities research analysts anticipate that Diploma will post 163.7995512 earnings per share for the current year.

Diploma Company Profile

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.