Diploma PLC (LON:DPLM) Insider Purchases £167,647.60 in Stock

Diploma PLC (LON:DPLM) insider Chris Davies bought 3,917 shares of the business’s stock in a transaction on Friday, December 20th. The stock was purchased at an average cost of GBX 4,280 ($53.80) per share, for a total transaction of £167,647.60 ($210,718.45).

Diploma Price Performance

Shares of LON DPLM opened at GBX 4,260 ($53.54) on Monday. The stock’s 50-day moving average is GBX 4,409.37 and its two-hundred day moving average is GBX 4,325.84. The company has a debt-to-equity ratio of 45.69, a current ratio of 2.27 and a quick ratio of 0.80. The company has a market cap of £5.71 billion, a price-to-earnings ratio of 4,953.49, a price-to-earnings-growth ratio of 2.82 and a beta of 0.75. Diploma PLC has a 1-year low of GBX 3,200 ($40.22) and a 1-year high of GBX 4,653 ($58.48).

Diploma Increases Dividend

The company also recently announced a dividend, which will be paid on Friday, January 31st. Investors of record on Thursday, January 16th will be issued a GBX 42 ($0.53) dividend. This is a boost 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 (DPR) is 6,627.91%.

Wall Street Analyst Weigh In

Several research firms recently issued reports on DPLM. JPMorgan Chase & Co. boosted their price objective on Diploma from GBX 4,150 ($52.16) to GBX 4,370 ($54.93) and gave the company a “neutral” rating in a report on Thursday, December 5th. Shore Capital lowered shares of Diploma to a “hold” rating in a research note on Tuesday, November 19th. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a GBX 5,100 ($64.10) price objective 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 given a buy rating to the company. According to data from MarketBeat.com, Diploma currently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 4,555 ($57.25).

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.