Diploma (LON:DPLM) Sets New 1-Year High – Time to Buy?

Diploma PLC (LON:DPLM) shares reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as GBX 5,760 and last traded at GBX 5,705, with a volume of 1768994 shares traded. The stock had previously closed at GBX 5,600.

Analyst Ratings Changes

DPLM has been the subject of a number of analyst reports. Deutsche Bank Aktiengesellschaft boosted their price target on Diploma from GBX 5,400 to GBX 6,000 and gave the company a “buy” rating in a research note on Tuesday, November 18th. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 6,350 target price on shares of Diploma in a report on Wednesday, November 19th. Royal Bank Of Canada raised Diploma to an “outperform” rating and boosted their price target for the stock from GBX 4,500 to GBX 6,000 in a report on Friday, October 3rd. Finally, Peel Hunt restated a “buy” rating and set a GBX 6,150 price objective on shares of Diploma in a research report on Friday, December 19th. Four equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of GBX 5,605.71.

Diploma Trading Up 1.2%

The business’s 50 day simple moving average is GBX 5,405.12 and its two-hundred day simple moving average is GBX 5,347.51. The stock has a market cap of £7.60 billion, a P/E ratio of 41.26, a PEG ratio of 2.82 and a beta of 0.75. The company has a quick ratio of 0.80, a current ratio of 2.17 and a debt-to-equity ratio of 62.17.

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

Insider Transactions at Diploma

In other Diploma news, insider Geraldine Huse acquired 750 shares of the company’s stock in a transaction that occurred on Wednesday, November 19th. The stock was acquired at an average price of GBX 3,997 per share, for a total transaction of £29,977.50. Also, insider Wilson Ng bought 410 shares of the business’s stock in a transaction that occurred on Friday, December 19th. The shares were acquired at an average price of GBX 5,369 per share, for a total transaction of £22,012.90. Company insiders own 1.13% of the company’s stock.

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.