Diploma (LON:DPLM) Insider Acquires £9,373.84 in Stock

Key Points

• Diploma insider buying: Katie Bickerstaffe purchased 133 shares of Diploma PLC for about £9,373.84 at GBX 7,048 per share. She also bought additional shares earlier this year, signaling continued insider confidence.
• Stock near its 12-month high: Diploma shares opened at GBX 7,355, just below the 12-month high of GBX 7,360. The company’s market value is about £9.86 billion.
• Analysts remain constructive: The stock carries a Moderate Buy consensus rating, with five Buy ratings and three Hold ratings. The average target price is GBX 7,044.29, close to the current trading level.

Diploma PLC (LON:DPLM - Get Free Report) insider Katie Bickerstaffe  acquired 133 shares of the firm's stock in a transaction dated Thursday, July 16th. The shares were purchased at an average price of GBX 7,048 per share, with a total value of £9,373.84.

Katie Bickerstaffe  also recently made the following trade(s):

• On Thursday, July 16th, Katie Bickerstaffe  bought 47 shares of Diploma stock. The stock was purchased at an average price of GBX 7,050 per share, for a total transaction of £3,313.50.
• On Wednesday, May 20th, Katie Bickerstaffe  bought 177 shares of Diploma stock. The stock was purchased at an average price of GBX 6,730 per share, for a total transaction of £11,912.10.

Diploma Stock Performance

Shares of DPLM opened at GBX 7,355 on Monday. The company has a current ratio of 2.06, a quick ratio of 0.80 and a debt-to-equity ratio of 47.65. The firm's fifty day simple moving average is GBX 6,970.25 and its two-hundred day simple moving average is GBX 6,243.50. Diploma PLC has a 12 month low of GBX 4,970 and a 12 month high of GBX 7,360. The stock has a market capitalization of £9.86 billion, a P/E ratio of 52.24, a price-to-earnings-growth ratio of 2.82 and a beta of 0.92.

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

Wall Street Analysts Forecast Growth

DPLM has been the subject of a number of research analyst reports. Royal Bank Of Canada lifted 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. JPMorgan Chase & Co. increased their price target on Diploma from GBX 5,120 to GBX 5,760 and gave the stock a "neutral" rating in a report on Friday, March 27th. Jefferies Financial Group reaffirmed a "hold" rating and set a GBX 7,000 price objective on shares of Diploma in a research report on Friday, May 29th. Berenberg Bank lifted 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. Finally, Deutsche Bank Aktiengesellschaft boosted their target price on shares of Diploma from GBX 6,400 to GBX 7,200 and gave the company a "buy" rating in a research report 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.com, the company currently 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.

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