Diploma PLC (DPLM) Issues Earnings Results, Beats Expectations By $1.60 EPS
Diploma PLC (LON:DPLM) released its quarterly earnings data on Monday. The company reported GBX 49.80 ($0.66) EPS for the quarter, beating analysts’ consensus estimates of GBX 48.20 ($0.63) by GBX 1.60 ($0.02), Bloomberg Earnings reports. Diploma PLC had a return on equity of 18.70% and a net margin of 10.32%. The business had revenue of GBX 4,519 billion during the quarter.
Diploma PLC (LON:DPLM) traded up GBX 4 ($0.05) during mid-day trading on Wednesday, hitting GBX 1,196 ($15.73). The stock had a trading volume of 270,023 shares, compared to its average volume of 81,846. Diploma PLC has a 52 week low of GBX 896.50 ($11.79) and a 52 week high of GBX 1,270 ($16.70).
A number of research firms have issued reports on DPLM. Jefferies Group LLC boosted their target price on Diploma PLC from GBX 1,250 ($16.44) to GBX 1,350 ($17.76) and gave the company a “buy” rating in a research note on Wednesday. Peel Hunt reissued an “add” rating and issued a GBX 1,165 ($15.32) target price on shares of Diploma PLC in a research note on Monday. Numis Securities Ltd raised Diploma PLC to a “buy” rating and boosted their target price for the company from GBX 1,190 ($15.65) to GBX 1,300 ($17.10) in a research note on Monday. Finally, Berenberg Bank began coverage on Diploma PLC in a research note on Wednesday, September 6th. They issued a “buy” rating and a GBX 1,280 ($16.84) target price for the company. Two research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The company presently has an average rating of “Buy” and an average price target of GBX 1,209 ($15.90).
About Diploma PLC
Diploma PLC is an international group of businesses supplying specialized technical products and services. It is organized into three business sectors: Life Sciences, Seals and Controls. Life Sciences Sector businesses supply a range of consumables, instrumentation and related services to the healthcare and environmental industries.
Receive News & Ratings for Diploma PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Diploma PLC and related companies with MarketBeat.com's FREE daily email newsletter.