Diploma PLC (LON:DPLM) Insider Purchases £42,500 in Stock

Diploma PLC (LON:DPLM) insider Jennifer Ward purchased 1,000 shares of Diploma stock in a transaction on Thursday, January 16th. The stock was bought at an average price of GBX 4,250 ($51.71) per share, with a total value of £42,500 ($51,709.45).

Diploma Price Performance

Shares of LON:DPLM opened at GBX 4,406 ($53.61) on Friday. The company has a current ratio of 2.27, a quick ratio of 0.80 and a debt-to-equity ratio of 45.69. The stock has a market cap of £5.91 billion, a PE ratio of 5,123.26, a price-to-earnings-growth ratio of 2.82 and a beta of 0.75. The stock’s fifty day simple moving average is GBX 4,370.57 and its two-hundred day simple moving average is GBX 4,339.06. Diploma PLC has a 1-year low of GBX 3,200 ($38.93) and a 1-year high of GBX 4,653 ($56.61).

Diploma Increases Dividend

The company also recently declared a dividend, which will be paid on Friday, January 31st. Investors of record on Thursday, January 16th will be issued a dividend of GBX 42 ($0.51) per share. The ex-dividend date of this dividend is Thursday, January 16th. This is a boost from Diploma’s previous dividend of $17.30. This represents a yield of 0.93%. Diploma’s payout ratio is 6,627.91%.

Analyst Ratings Changes

DPLM has been the subject of a number of research analyst reports. JPMorgan Chase & Co. boosted their target price on Diploma from GBX 4,370 ($53.17) to GBX 4,420 ($53.78) and gave the company a “neutral” rating in a research report on Tuesday, January 14th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a GBX 5,100 ($62.05) price objective on shares of Diploma in a report on Friday, November 22nd. Finally, Shore Capital lowered shares of Diploma to a “hold” rating in a report on Tuesday, November 19th. Two equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of GBX 4,567.50 ($55.57).

Diploma Company Profile

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.