Insider Buying: Diploma (LON:DPLM) Insider Acquires 500 Shares of Stock

Diploma PLC (LON:DPLM) insider Ian El-Mokadem purchased 500 shares of the stock in a transaction that occurred on Wednesday, January 14th. The shares were acquired at an average cost of GBX 5,615 per share, with a total value of £28,075.

Diploma Trading Up 0.6%

LON:DPLM opened at GBX 5,590 on Thursday. The firm has a market capitalization of £7.50 billion, a P/E ratio of 40.71, a PEG ratio of 2.82 and a beta of 0.75. The company has a debt-to-equity ratio of 62.17, a current ratio of 2.17 and a quick ratio of 0.80. Diploma PLC has a one year low of GBX 3,532 and a one year high of GBX 5,760. The company’s 50-day simple moving average is GBX 5,405.02 and its 200 day simple moving average is GBX 5,348.96.

Diploma (LON:DPLM) last released its earnings results on Monday, December 8th. The company reported GBX 176 earnings per share (EPS) for the quarter. Diploma had a net margin of 9.25% and a return on equity of 13.18%. As a group, analysts forecast that Diploma PLC will post 163.7995512 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on DPLM shares. Deutsche Bank Aktiengesellschaft boosted their target price on Diploma from GBX 5,400 to GBX 6,000 and gave the stock a “buy” rating in a report on Tuesday, November 18th. Peel Hunt reiterated a “buy” rating and issued a GBX 6,150 price target on shares of Diploma in a research note on Friday, December 19th. Royal Bank Of Canada raised shares of Diploma to an “outperform” rating and increased their price objective for the company from GBX 4,500 to GBX 6,000 in a research report on Friday, October 3rd. Finally, Berenberg Bank restated a “buy” rating and set a GBX 6,350 price objective on shares of Diploma in a research note on Wednesday, November 19th. Four investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of GBX 5,605.71.

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.