Key Points
- Insider buying: Diploma Senior Independent Director Katie Bickerstaffe bought 177 shares on May 20 at GBX 6,730 each, totaling about £11,912. This modest purchase may signal confidence in the company’s outlook.
- Strong business update: Diploma recently lifted its growth guidance again after strong first-half results, suggesting continued demand and earnings momentum. The company also reported quarterly EPS of GBX 74.70 on revenue of £851.1 million.
- Analyst sentiment remains positive: Several brokers raised price targets, including Berenberg to GBX 9,000 and RBC/Deutsche Bank to GBX 7,300 and GBX 7,200, respectively. Overall, the stock carries a “Moderate Buy” consensus with an average target price of GBX 6,626.25.
Diploma PLC (LON:DPLM - Get Free Report) insider Katie Bickerstaffe purchased 177 shares of the firm's stock in a transaction 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.
Diploma Trading Down 0.4%
Shares of LON:DPLM opened at GBX 6,845 on Friday. Diploma PLC has a 12-month low of GBX 4,558 and a 12-month high of GBX 7,295. The company has a market capitalization of £9.18 billion, a PE ratio of 49.85, a PEG ratio of 2.82 and a beta of 0.92. The business has a 50 day moving average of GBX 6,401.87 and a two-hundred day moving average of GBX 5,775.79. The company has a current ratio of 2.06, a quick ratio of 0.80 and a debt-to-equity ratio of 47.65.
Diploma (LON:DPLM - Get Free Report) last posted its quarterly earnings data on Tuesday, May 19th. The company reported GBX 74.70 EPS for the quarter. The business had revenue of £851.10 million during the quarter. Diploma had a return on equity of 18.55% and a net margin of 9.42%. As a group, analysts forecast that Diploma PLC will post 163.7995512 EPS for the current year.
Wall Street Analysts Forecast Growth
A number of research firms have recently commented on DPLM. Berenberg Bank boosted their price objective on Diploma from GBX 7,500 to GBX 9,000 and gave the company a "buy" rating in a research report on Tuesday. Stifel Nicolaus boosted their price objective on Diploma from GBX 6,200 to GBX 6,800 and gave the company a "buy" rating in a research report on Thursday, March 19th. JPMorgan Chase & Co. boosted their price target on Diploma from GBX 5,120 to GBX 5,760 and gave the stock a "neutral" rating in a research report on Friday, March 27th. Jefferies Financial Group reiterated a "hold" rating and set a GBX 5,700 price target on shares of Diploma in a research report on Wednesday. Finally, Shore Capital Group reiterated a "hold" rating on shares of Diploma in a research report on Wednesday, March 18th. Five investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of GBX 6,626.25.
Check Out Our Latest Report on Diploma
Diploma News Summary
Here are the key news stories impacting Diploma this week:
About Diploma
(
Get Free Report)
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.
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