Diploma (LON:DPLM) Shares Pass Above 200 Day Moving Average – What’s Next?

Diploma PLC (LON:DPLM) crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 5,248.10 and traded as high as GBX 5,440. Diploma shares last traded at GBX 5,390, with a volume of 288,949 shares.

Analysts Set New Price Targets

DPLM has been the topic of several analyst reports. Berenberg Bank reaffirmed a “buy” rating and set a GBX 6,350 price target on shares of Diploma in a report on Wednesday, November 19th. Deutsche Bank Aktiengesellschaft lifted their target price on shares of Diploma from GBX 5,400 to GBX 6,000 and gave the company a “buy” rating in a research note on Tuesday, November 18th. Peel Hunt reissued a “buy” rating and set a GBX 6,150 target price on shares of Diploma in a research note on Tuesday, November 18th. Jefferies Financial Group upped their price target on Diploma from GBX 4,500 to GBX 5,200 and gave the stock a “hold” rating in a research note on Thursday, September 11th. Finally, Royal Bank Of Canada raised shares of Diploma to an “outperform” rating and increased their price objective for the company from GBX 4,500 to GBX 6,000 in a report on Friday, October 3rd. Four equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, Diploma presently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 5,605.71.

Diploma Stock Down 1.2%

The company has a debt-to-equity ratio of 62.17, a quick ratio of 0.80 and a current ratio of 2.17. The firm has a market capitalization of £7.11 billion, a PE ratio of 38.60, a PEG ratio of 2.82 and a beta of 0.75. The company has a fifty day moving average price of GBX 5,424.22 and a 200-day moving average price of GBX 5,253.22.

Diploma (LON:DPLM) last posted its earnings results on Monday, December 8th. The company reported GBX 176 earnings per share for the quarter. Diploma had a net margin of 9.25% and a return on equity of 13.18%. As a group, analysts expect that Diploma PLC will post 163.7995512 earnings per share for the current year.

Insider Buying and Selling at Diploma

In other Diploma news, insider Geraldine Huse bought 750 shares of the firm’s stock in a transaction dated Wednesday, November 19th. The shares were purchased at an average cost of GBX 3,997 per share, for a total transaction of £29,977.50. 1.13% of the stock is currently owned by company insiders.

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.