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

Diploma PLC (LON:DPLM - Get Free Report) insider Jennifer Ward bought 1,000 shares of the business's stock in a transaction that occurred on Thursday, January 16th. The shares were acquired at an average cost of GBX 4,250 ($51.71) per share, for a total transaction of £42,500 ($51,709.45).

Diploma Stock Performance

LON:DPLM traded up GBX 110 ($1.34) during trading hours on Friday, reaching GBX 4,406 ($53.61). 234,453 shares of the company's stock were exchanged, compared to its average volume of 1,241,985. The firm has a market capitalization of £5.91 billion, a price-to-earnings ratio of 5,123.26, a P/E/G ratio of 2.82 and a beta of 0.75. The company has a 50-day moving average of GBX 4,370.57 and a 200 day moving average of GBX 4,337.22. The company has a quick ratio of 0.80, a current ratio of 2.27 and a debt-to-equity ratio of 45.69. 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 firm also recently declared a dividend, which will be paid on Friday, January 31st. Investors of record on Thursday, January 16th will be paid a dividend of GBX 42 ($0.51) per share. The ex-dividend date of this dividend is Thursday, January 16th. This represents a yield of 0.93%. This is a boost from Diploma's previous dividend of $17.30. Diploma's dividend payout ratio is currently 6,627.91%.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on DPLM shares. JPMorgan Chase & Co. upped their target price on shares of Diploma from GBX 4,370 ($53.17) to GBX 4,420 ($53.78) and gave the stock a "neutral" rating in a research note on Tuesday. Shore Capital downgraded shares of Diploma to a "hold" rating in a research report on Tuesday, November 19th. Finally, Deutsche Bank Aktiengesellschaft reissued a "buy" rating and issued a GBX 5,100 ($62.05) price objective on shares of Diploma in a research report on Friday, November 22nd. Two analysts have rated the stock with a hold rating and three have given a buy rating to the company. Based on data from MarketBeat, Diploma currently has an average rating of "Moderate Buy" and a consensus price target of GBX 4,567.50 ($55.57).

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.