Insider Buying: Diploma (LON:DPLM) Insider Acquires £71,830 in Stock

Diploma PLC (LON:DPLM) insider Mandy Gradden bought 1,000 shares of the firm’s stock in a transaction that occurred on Friday, July 17th. The shares were acquired at an average price of GBX 7,183 per share, with a total value of £71,830.

Diploma Stock Performance

Shares of DPLM stock opened at GBX 7,355 on Monday. The firm has a market capitalization of £9.86 billion, a price-to-earnings ratio of 52.24, a PEG ratio of 2.82 and a beta of 0.92. The stock has a fifty day moving average of GBX 6,970.25 and a 200 day moving average of GBX 6,243.50. Diploma PLC has a 52 week low of GBX 4,970 and a 52 week high of GBX 7,360. The company has a quick ratio of 0.80, a current ratio of 2.06 and a debt-to-equity ratio of 47.65.

Diploma (LON:DPLM) last issued its quarterly earnings data on Tuesday, May 19th. The company reported GBX 74.70 earnings per share (EPS) for the quarter. Diploma had a net margin of 9.42% and a return on equity of 18.55%. The business had revenue of £851.10 million for the quarter. As a group, research analysts expect that Diploma PLC will post 163.7995512 earnings per share for the current year.

Wall Street Analysts Forecast Growth

DPLM has been the topic of several research analyst reports. JPMorgan Chase & Co. boosted their price target on shares of Diploma from GBX 5,120 to GBX 5,760 and gave the company a “neutral” rating in a research report on Friday, March 27th. Royal Bank Of Canada lifted their price objective on Diploma from GBX 7,300 to GBX 7,400 and gave the company an “outperform” rating in a research report on Friday. Jefferies Financial Group reiterated a “hold” rating and set a GBX 7,000 target price on shares of Diploma in a report on Friday, May 29th. Berenberg Bank increased their target price on Diploma from GBX 7,500 to GBX 9,000 and gave the stock a “buy” rating in a research report on Tuesday, May 19th. Finally, Deutsche Bank Aktiengesellschaft raised their target price on Diploma from GBX 6,400 to GBX 7,200 and gave the company a “buy” rating in a research note on Wednesday, May 20th. Five analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat, Diploma has a consensus rating of “Moderate Buy” and a consensus target price of GBX 7,044.29.

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.