Diploma (LON:DPLM) Hits New 52-Week Low – What’s Next?

Diploma PLC (LON:DPLM) reached a new 52-week low during trading on Monday . The stock traded as low as GBX 4,349 and last traded at GBX 7,085, with a volume of 964841 shares. The stock had previously closed at GBX 7,060.

Analyst Ratings Changes

DPLM has been the subject of a number of recent analyst reports. Stifel Nicolaus raised their price objective on Diploma from GBX 6,200 to GBX 6,800 and gave the stock a “buy” rating in a research report on Thursday, March 19th. Deutsche Bank Aktiengesellschaft increased their target price on shares of Diploma from GBX 6,400 to GBX 7,200 and gave the stock a “buy” rating in a research note on Wednesday, May 20th. Shore Capital Group reiterated a “hold” rating on shares of Diploma in a research report on Wednesday, March 18th. Berenberg Bank boosted their price target on shares of Diploma from GBX 7,500 to GBX 9,000 and gave the company a “buy” rating in a research note on Tuesday, May 19th. Finally, Royal Bank Of Canada boosted their price target on shares of Diploma from GBX 6,600 to GBX 7,300 and gave the company an “outperform” rating in a research note on Wednesday, May 20th. Five research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of GBX 6,788.75.

Diploma Price Performance

The company has a current ratio of 2.06, a quick ratio of 0.80 and a debt-to-equity ratio of 47.65. The stock has a market cap of £9.52 billion, a PE ratio of 50.43, a P/E/G ratio of 2.82 and a beta of 0.92. The company has a fifty day moving average of GBX 6,962.94 and a 200-day moving average of GBX 6,072.99.

Diploma (LON:DPLM) last posted its 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 firm had revenue of £851.10 million for the quarter. Sell-side analysts expect that Diploma PLC will post 163.7995512 EPS for the current fiscal year.

Insider Activity

In other Diploma news, insider Katie Bickerstaffe  purchased 177 shares of Diploma stock in a transaction dated Wednesday, May 20th. The shares were acquired at an average price of GBX 6,730 per share, with a total value of £11,912.10. Corporate insiders own 1.14% 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.