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

Key Points

• Insider buying: Diploma PLC insider Wilson Ng bought 424 shares on July 16 for a total of £29,959.84, signaling personal investment in the company.
• Stock near its high: Diploma shares opened at GBX 7,355, close to their 12-month high of GBX 7,360, after a strong run above both the 50-day and 200-day moving averages.
• Analyst sentiment remains positive: Brokers currently rate Diploma a Moderate Buy, with an average target price of GBX 7,044.29, while several firms recently raised their price targets.

Diploma PLC (LON:DPLM - Get Free Report) insider Wilson Ng purchased 424 shares of the company's stock in a transaction that occurred on Thursday, July 16th. The shares were purchased at an average cost of GBX 7,066 per share, for a total transaction of £29,959.84.

Diploma Stock Performance

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

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

Wall Street Analyst Weigh In

A number of brokerages have issued reports on DPLM. Deutsche Bank Aktiengesellschaft raised their target price on shares of Diploma from GBX 6,400 to GBX 7,200 and gave the stock a "buy" rating in a report on Wednesday, May 20th. Berenberg Bank raised their price target on Diploma from GBX 7,500 to GBX 9,000 and gave the stock a "buy" rating in a report on Tuesday, May 19th. JPMorgan Chase & Co. upped their price objective on Diploma from GBX 5,120 to GBX 5,760 and gave the stock a "neutral" rating in a research note on Friday, March 27th. Jefferies Financial Group reaffirmed a "hold" rating and issued a GBX 7,000 target price on shares of Diploma in a research report on Friday, May 29th. Finally, Royal Bank Of Canada raised their target price on Diploma from GBX 7,300 to GBX 7,400 and gave the company an "outperform" rating in a research note on Friday. Five research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company's stock. According to data from MarketBeat, the company currently 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.

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