Diploma (LON:DPLM) Hits New 12-Month High – Should You Buy?

Diploma PLC (LON:DPLMGet Free Report)’s share price reached a new 52-week high during trading on Monday . The company traded as high as GBX 7,630 and last traded at GBX 7,535, with a volume of 286331 shares traded. The stock had previously closed at GBX 7,520.

Analyst Upgrades and Downgrades

Several analysts have weighed in on the stock. Deutsche Bank Aktiengesellschaft boosted their target price on shares of Diploma from GBX 6,400 to GBX 7,200 and gave the company a “buy” rating in a research note on Wednesday, May 20th. Royal Bank Of Canada raised their price target on shares of Diploma from GBX 7,300 to GBX 7,400 and gave the stock an “outperform” rating in a research report on Friday, July 17th. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 9,000 price target on shares of Diploma in a report on Monday, July 20th. Finally, 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. Five analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat.com, Diploma has an average rating of “Moderate Buy” and an average target price of GBX 7,044.29.

Read Our Latest Stock Analysis on Diploma

Diploma Stock Up 0.2%

The firm has a 50 day simple moving average of GBX 7,042.17 and a two-hundred day simple moving average of GBX 6,319.21. The company has a debt-to-equity ratio of 47.65, a quick ratio of 0.80 and a current ratio of 2.06. The stock has a market cap of £10.10 billion, a P/E ratio of 53.52, a P/E/G ratio of 2.82 and a beta of 0.92.

Diploma (LON:DPLMGet Free Report) last announced its quarterly earnings results on Tuesday, May 19th. The company reported GBX 74.70 earnings per share (EPS) for the quarter. Diploma had a return on equity of 18.55% and a net margin of 9.42%.The company had revenue of £851.10 million during the quarter. Equities research analysts predict that Diploma PLC will post 163.7995512 earnings per share for the current year.

Insider Activity at Diploma

In related news, insider Wilson Ng bought 424 shares of the firm’s stock in a transaction that occurred on Thursday, July 16th. The stock was purchased at an average price of GBX 7,066 per share, for a total transaction of £29,959.84. Also, insider Mandy Gradden bought 1,000 shares of the stock in a transaction on Friday, July 17th. The shares were bought at an average cost of GBX 7,183 per share, for a total transaction of £71,830. Insiders have purchased a total of 1,781 shares of company stock worth $12,638,928 over the last ninety days. 1.14% of the stock is currently owned by corporate insiders.

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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