Diploma PLC (LON:DPLM) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Diploma PLC (LON:DPLM) has been assigned an average rating of “Moderate Buy” from the eight brokerages that are currently covering the company, Marketbeat reports. Three equities research 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 analysts that have issued a report on the stock in the last year is GBX 7,044.29.

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

Insider Buying and Selling at Diploma

In related news, insider Katie Bickerstaffe  purchased 47 shares of Diploma stock in a transaction that occurred on Thursday, July 16th. The shares were acquired at an average price of GBX 7,050 per share, with a total value of £3,313.50. Also, insider Mandy Gradden acquired 1,000 shares of the business’s stock in a transaction that occurred on Friday, July 17th. The shares were purchased at an average cost of GBX 7,183 per share, with a total value of £71,830. Insiders acquired 1,781 shares of company stock valued at $12,638,928 in the last quarter. Company insiders own 1.14% of the company’s stock.

Diploma Stock Performance

Shares of DPLM stock opened at GBX 7,710 on Thursday. The stock has a 50-day moving average of GBX 7,128.68 and a 200-day moving average of GBX 6,423.33. Diploma has a one year low of GBX 4,970 and a one year high of GBX 7,725. The stock has a market cap of £10.34 billion, a PE ratio of 54.76, a price-to-earnings-growth ratio of 2.82 and a beta of 0.92. 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 (LON:DPLM) last issued its earnings results on Tuesday, May 19th. The company reported GBX 74.70 EPS for the quarter. Diploma had a net margin of 9.42% and a return on equity of 18.55%. The firm had revenue of £851.10 million during the quarter. As a group, sell-side analysts expect 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.