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

Diploma PLC (LON:DPLM) insider Jennifer Ward bought 1,000 shares of the stock in a transaction on Thursday, January 16th. The shares were bought at an average price of GBX 4,250 ($51.69) per share, for a total transaction of £42,500 ($51,690.59).

Diploma Price Performance

Shares of LON DPLM opened at GBX 4,406 ($53.59) on Monday. Diploma PLC has a 52 week low of GBX 3,200 ($38.92) and a 52 week high of GBX 4,653 ($56.59). The company has a quick ratio of 0.80, a current ratio of 2.27 and a debt-to-equity ratio of 45.69. The firm has a 50-day simple moving average of GBX 4,370.57 and a 200-day simple moving average of GBX 4,340.37. The stock has a market capitalization of £5.91 billion, a price-to-earnings ratio of 5,123.26, a price-to-earnings-growth ratio of 2.82 and a beta of 0.75.

Diploma Increases Dividend

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

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on DPLM shares. Shore Capital lowered shares of Diploma to a “hold” rating in a research report on Tuesday, November 19th. JPMorgan Chase & Co. boosted their price objective on shares of Diploma from GBX 4,370 ($53.15) to GBX 4,420 ($53.76) and gave the company a “neutral” rating in a research report on Tuesday, January 14th. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a GBX 5,100 ($62.03) price objective on shares of Diploma in a 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, the company presently has a consensus rating of “Moderate Buy” and an average target price of GBX 4,567.50 ($55.55).

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.