Mandy Gradden Acquires 1,000 Shares of Diploma (LON:DPLM) Stock

Diploma PLC (LON:DPLM) insider Mandy Gradden acquired 1,000 shares of the stock in a transaction dated Friday, July 17th. The stock was acquired at an average cost of GBX 7,183 per share, for a total transaction of £71,830.

Diploma Stock Up 1.4%

DPLM stock opened at GBX 7,470 on Wednesday. Diploma PLC has a 12 month low of GBX 4,970 and a 12 month high of GBX 7,663.22. The firm has a market cap of £10.02 billion, a PE ratio of 53.05, a P/E/G ratio of 2.82 and a beta of 0.92. The firm has a 50 day simple moving average of GBX 6,995.25 and a 200 day simple moving average of GBX 6,273.01. The company has a debt-to-equity ratio of 47.65, a current ratio of 2.06 and a quick ratio of 0.80.

Diploma (LON:DPLM) last posted its quarterly earnings results on Tuesday, May 19th. The company reported GBX 74.70 earnings per share (EPS) for the quarter. Diploma had a net margin of 9.42% and a return on equity of 18.55%. The firm had revenue of £851.10 million for the quarter. Equities research analysts forecast that Diploma PLC will post 163.7995512 earnings per share for the current fiscal year.

Key Headlines Impacting Diploma

Here are the key news stories impacting Diploma this week:

• Positive Sentiment: Berenberg Bank reiterated its buy rating on Diploma PLC and raised its price target to GBX 9,000, suggesting analysts still see meaningful upside from current levels. Broker views source
• Positive Sentiment: Multiple senior insiders purchased shares, including Mandy Gradden, Wilson Ng, and Katie Bickerstaffe. Insider buying is often viewed as a vote of confidence in the company’s outlook and valuation. TipRanks article
• Neutral Sentiment: A MarketWatch note said Diploma outperformed the broader market on Monday, but it did not point to a new company-specific fundamental development. MarketWatch article

Analysts Set New Price Targets

A number of equities analysts recently commented on DPLM shares. Deutsche Bank Aktiengesellschaft raised their price objective on shares of Diploma from GBX 6,400 to GBX 7,200 and gave the stock a “buy” rating in a research note on Wednesday, May 20th. JPMorgan Chase & Co. increased their target price on Diploma from GBX 5,120 to GBX 5,760 and gave the company a “neutral” rating in a report on Friday, March 27th. Royal Bank Of Canada raised their target price on Diploma from GBX 7,300 to GBX 7,400 and gave the stock an “outperform” rating in a research report on Friday, July 17th. Jefferies Financial Group reiterated a “hold” rating and set a GBX 7,000 price target on shares of Diploma in a report on Friday, May 29th. Finally, Berenberg Bank reissued a “buy” rating and set a GBX 9,000 price target on shares of Diploma in a research report on Monday. Five analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of GBX 7,044.29.

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.