Diploma (LON:DPLM) Reaches New 1-Year Low – Should You Sell?

Shares of Diploma PLC (LON:DPLM) hit 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 changing hands. The stock had previously closed at GBX 7,060.

Analyst Ratings Changes

A number of analysts have recently weighed in on the company. Shore Capital Group reaffirmed a “hold” rating on shares of Diploma in a research report on Wednesday, March 18th. Royal Bank Of Canada lifted their target price on Diploma from GBX 6,600 to GBX 7,300 and gave the company an “outperform” rating in a report on Wednesday, May 20th. Deutsche Bank Aktiengesellschaft boosted their target price on Diploma from GBX 6,400 to GBX 7,200 and gave the stock a “buy” rating in a research note on Wednesday, May 20th. JPMorgan Chase & Co. upped their price target on Diploma from GBX 5,120 to GBX 5,760 and gave the stock a “neutral” rating in a report on Friday, March 27th. Finally, Jefferies Financial Group reiterated a “hold” rating and issued a GBX 7,000 price objective on shares of Diploma in a research note on Friday, May 29th. Five research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Diploma has an average rating of “Moderate Buy” and an average price target of GBX 6,788.75.

Diploma Stock Up 0.6%

The firm has a 50-day moving average price of GBX 6,962.94 and a two-hundred day moving average price of GBX 6,072.99. The firm has a market cap of £9.52 billion, a price-to-earnings ratio of 50.43, a price-to-earnings-growth ratio of 2.82 and a beta of 0.92. The company has a debt-to-equity ratio of 47.65, a quick ratio of 0.80 and a current ratio of 2.06.

Diploma (LON:DPLM) last announced its quarterly earnings results on Tuesday, May 19th. The company reported GBX 74.70 earnings per share (EPS) for the quarter. The firm had revenue of £851.10 million during the quarter. Diploma had a return on equity of 18.55% and a net margin of 9.42%. On average, sell-side analysts forecast that Diploma PLC will post 163.7995512 earnings per share for the current year.

Insider Buying and Selling at Diploma

In related news, insider Katie Bickerstaffe  bought 177 shares of the stock in a transaction dated Wednesday, May 20th. The stock was acquired at an average price of GBX 6,730 per share, for a total transaction 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.