Insider Buying: Diploma (LON:DPLM) Insider Acquires £29,959.84 in Stock

Diploma PLC (LON:DPLM) insider Wilson Ng bought 424 shares of the stock in a transaction that occurred on Thursday, July 16th. The stock was acquired at an average price of GBX 7,066 per share, for a total transaction of £29,959.84.

Diploma Stock Up 1.6%

Shares of Diploma stock opened at GBX 7,355 on Monday. Diploma PLC has a 1-year low of GBX 4,970 and a 1-year high of GBX 7,360. The business’s fifty day moving average price is GBX 6,970.25 and its two-hundred day moving average price is GBX 6,243.50. The company has a debt-to-equity ratio of 47.65, a current ratio of 2.06 and a quick ratio of 0.80. The company has a market capitalization of £9.86 billion, a P/E ratio of 52.24, a PEG ratio of 2.82 and a beta of 0.92.

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

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on the stock. JPMorgan Chase & Co. upped their price target on shares of Diploma from GBX 5,120 to GBX 5,760 and gave the stock a “neutral” rating in a research note on Friday, March 27th. Berenberg Bank raised their price objective 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. Royal Bank Of Canada boosted their target price on Diploma from GBX 7,300 to GBX 7,400 and gave the stock an “outperform” rating in a report on Friday. Jefferies Financial Group restated a “hold” rating and issued a GBX 7,000 target price on shares of Diploma in a research report on Friday, May 29th. Finally, Deutsche Bank Aktiengesellschaft increased their price target 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 equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of GBX 7,044.29.

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.