Diploma PLC (LON:DPLM) Receives Average Rating of “Moderate Buy” from Brokerages

Diploma PLC (LON:DPLM) has earned a consensus rating of “Moderate Buy” from the eight research firms that are presently covering the stock, Marketbeat Ratings reports. Three research analysts have rated the stock with a hold rating and five have given a buy rating to the company. The average 12 month target price among brokerages that have covered the stock in the last year is GBX 7,044.29.

DPLM has been the subject of a number of research reports. Berenberg Bank reissued a “buy” rating and issued a GBX 9,000 price target on shares of Diploma in a report on Monday, July 20th. Jefferies Financial Group reaffirmed a “hold” rating and issued a GBX 7,000 price target on shares of Diploma in a research note on Friday, May 29th. Deutsche Bank Aktiengesellschaft upped their price objective on shares of Diploma from GBX 6,400 to GBX 7,200 and gave the stock a “buy” rating in a research note on Wednesday, May 20th. Finally, Royal Bank Of Canada raised their price objective on shares of Diploma from GBX 7,300 to GBX 7,400 and gave the stock an “outperform” rating in a report on Friday, July 17th.

Diploma Stock Up 0.4%

DPLM stock opened at GBX 7,225 on Thursday. 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 52-week low of GBX 4,970 and a 52-week high of GBX 7,720. The company has a 50-day moving average of GBX 7,078.59 and a two-hundred day moving average of GBX 6,357.82. The stock has a market capitalization of £9.69 billion, a price-to-earnings ratio of 51.31, a price-to-earnings-growth ratio of 2.82 and a beta of 0.92.

Diploma (LON:DPLM) last posted its quarterly earnings data on Tuesday, May 19th. The company reported GBX 74.70 EPS for the quarter. Diploma had a return on equity of 18.55% and a net margin of 9.42%.The business had revenue of £851.10 million for the quarter. As a group, equities research analysts anticipate that Diploma will post 163.7995512 EPS for the current year.

Insider Activity at Diploma

In related news, insider Katie Bickerstaffe  purchased 177 shares of Diploma stock in a transaction that occurred on Wednesday, May 20th. The shares were acquired at an average price of GBX 6,730 per share, for a total transaction of £11,912.10. Also, insider Wilson Ng bought 424 shares of the stock in a transaction on Thursday, July 16th. The stock was purchased at an average cost of GBX 7,066 per share, with a total value of £29,959.84. Insiders acquired 1,781 shares of company stock valued at $12,638,928 over the last ninety days. 1.14% of the stock is owned by insiders.

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.