Insider Buying: Diploma (LON:DPLM) Insider Acquires £11,912.10 in Stock

Diploma PLC (LON:DPLM) insider Katie Bickerstaffe  purchased 177 shares of Diploma stock in a transaction that occurred on Wednesday, May 20th. The shares were purchased at an average cost of GBX 6,730 per share, with a total value of £11,912.10.

Diploma Stock Down 0.4%

DPLM traded down GBX 25 during trading on Thursday, hitting GBX 6,845. 16,536,172 shares of the company’s stock traded hands, compared to its average volume of 2,856,040. The stock has a market capitalization of £9.18 billion, a price-to-earnings ratio of 49.85, a PEG ratio of 2.82 and a beta of 0.92. The company’s 50 day simple moving average is GBX 6,369.17 and its two-hundred day simple moving average is GBX 5,767.02. Diploma PLC has a 12-month low of GBX 4,558 and a 12-month high of GBX 7,295. The company has a current ratio of 2.06, a quick ratio of 0.80 and a debt-to-equity ratio of 47.65.

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 for the quarter. Diploma had a return on equity of 18.55% and a net margin of 9.42%. Analysts predict that Diploma PLC will post 163.7995512 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on DPLM. Berenberg Bank increased their target price on shares of Diploma from GBX 7,500 to GBX 9,000 and gave the stock a “buy” rating in a report on Tuesday. Stifel Nicolaus upped their target price on shares of Diploma from GBX 6,200 to GBX 6,800 and gave the stock a “buy” rating in a report on Thursday, March 19th. Deutsche Bank Aktiengesellschaft boosted their price objective on Diploma from GBX 6,400 to GBX 7,200 and gave the company a “buy” rating in a research report on Wednesday. JPMorgan Chase & Co. increased their target price on Diploma from GBX 5,120 to GBX 5,760 and gave the stock a “neutral” rating in a research report on Friday, March 27th. Finally, Shore Capital Group restated a “hold” rating on shares of Diploma in a research note on Wednesday, March 18th. Five research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of GBX 6,626.25.

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.