Diploma PLC (LON:DPLM) Insider Chris Davies Buys 3,917 Shares

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

Diploma Trading Down 1.0 %

LON:DPLM opened at GBX 4,260 ($53.54) on Monday. The company has a quick ratio of 0.80, a current ratio of 2.27 and a debt-to-equity ratio of 45.69. Diploma PLC has a 52-week low of GBX 3,200 ($40.22) and a 52-week high of GBX 4,653 ($58.48). The stock’s 50 day moving average price is GBX 4,409.37 and its 200 day moving average price is GBX 4,325.84. The company has a market capitalization of £5.71 billion, a PE ratio of 4,953.49, a P/E/G ratio of 2.82 and a beta of 0.75.

Diploma Increases Dividend

The firm also recently announced a dividend, which will be paid on Friday, January 31st. Stockholders of record on Thursday, January 16th will be issued a GBX 42 ($0.53) dividend. This represents a dividend yield of 0.93%. This is a boost from Diploma’s previous dividend of $17.30. The ex-dividend date of this dividend is Thursday, January 16th. Diploma’s payout ratio is presently 6,627.91%.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on DPLM shares. Shore Capital cut Diploma to a “hold” rating in a research note on Tuesday, November 19th. JPMorgan Chase & Co. boosted their price objective on shares of Diploma from GBX 4,150 ($52.16) to GBX 4,370 ($54.93) and gave the stock a “neutral” rating in a research report on Thursday, December 5th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a GBX 5,100 ($64.10) target price on shares of Diploma in a research report on Friday, November 22nd. Two analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. Based on data from MarketBeat, Diploma presently has an average rating of “Moderate Buy” and a consensus price target of GBX 4,555 ($57.25).

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.