Diploma PLC (LON:DPLM) Insider Jennifer Ward Acquires 1,000 Shares

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

Diploma Stock Up 2.6 %

DPLM opened at GBX 4,406 ($53.59) on Monday. The company has a market capitalization of £5.91 billion, a P/E ratio of 5,123.26, a P/E/G ratio of 2.82 and a beta of 0.75. The firm’s fifty day moving average price is GBX 4,370.57 and its two-hundred day moving average price is GBX 4,340.37. Diploma PLC has a fifty-two week low of GBX 3,200 ($38.92) and a fifty-two week high of GBX 4,653 ($56.59). The company has a debt-to-equity ratio of 45.69, a current ratio of 2.27 and a quick ratio of 0.80.

Diploma Increases Dividend

The business also recently declared a dividend, which will be paid on Friday, January 31st. Investors of record on Thursday, January 16th will be given a dividend of GBX 42 ($0.51) per share. This is an increase from Diploma’s previous dividend of $17.30. The ex-dividend date of this dividend is Thursday, January 16th. This represents a yield of 0.93%. Diploma’s dividend payout ratio is 6,627.91%.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on the stock. JPMorgan Chase & Co. lifted their price target 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 report on Tuesday, January 14th. Shore Capital lowered Diploma to a “hold” rating in a research note on Tuesday, November 19th. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a GBX 5,100 ($62.03) target price on shares of Diploma in a report on Friday, November 22nd. Two equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target 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.