Diploma (LON:DPLM) Insider Buys £18,932.16 in Stock

Key Points

• Insider buying: Diploma director Katie Bickerstaffe bought 246 shares for approximately £18,932 at GBX 7,696 per share, following two additional purchases in July totaling £12,687.
• Stock performance: Diploma shares fell GBX 35 to GBX 7,590, near their 1-year high of GBX 7,765. The company has a £10.18 billion market capitalization and trades at a price-to-earnings ratio of 53.91.
• Analyst sentiment: Coverage remains positive, with six Buy ratings and two Holds, producing a consensus “Moderate Buy” rating and an average target price of GBX 7,400.

Diploma PLC (LON:DPLM - Get Free Report) insider Katie Bickerstaffe  acquired 246 shares of the stock in a transaction that occurred on Wednesday, September 23rd. The stock was purchased at an average cost of GBX 7,696 per share, with a total value of £18,932.16.

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

• On Thursday, July 16th, Katie Bickerstaffe  acquired 47 shares of Diploma stock. The shares were purchased at an average price of GBX 7,050 per share, for a total transaction of £3,313.50.
• On Thursday, July 16th, Katie Bickerstaffe  purchased 133 shares of Diploma stock. The stock was acquired at an average cost of GBX 7,048 per share, with a total value of £9,373.84.

Diploma Stock Performance

Shares of Diploma stock traded down GBX 35 on Wednesday, reaching GBX 7,590. 15,308,292 shares of the company were exchanged, compared to its average volume of 2,761,334. The company has a debt-to-equity ratio of 47.65, a quick ratio of 0.80 and a current ratio of 2.06. The firm has a market cap of £10.18 billion, a price-to-earnings ratio of 53.91, a P/E/G ratio of 2.82 and a beta of 0.92. Diploma PLC has a 1-year low of GBX 4,970 and a 1-year high of GBX 7,765. The company's 50-day moving average is GBX 7,316.91 and its two-hundred day moving average is GBX 6,853.77.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on DPLM shares. Royal Bank Of Canada reaffirmed an "outperform" rating and set a GBX 7,400 target price on shares of Diploma in a report on Tuesday, September 8th. Berenberg Bank reaffirmed a "buy" rating and set a GBX 9,000 price target on shares of Diploma in a research note on Monday, July 20th. Jefferies Financial Group reiterated a "hold" rating and issued a GBX 7,000 price objective on shares of Diploma in a report on Friday, May 29th. Finally, JPMorgan Chase & Co. increased their target price on shares of Diploma from GBX 5,760 to GBX 8,250 and gave the stock an "overweight" rating in a research report on Monday, August 24th. Six research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat, Diploma has a consensus rating of "Moderate Buy" and an average target price of GBX 7,400.

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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