Diodes Incorporated (NASDAQ:DIOD) Receives Consensus Recommendation of "Moderate Buy" from Analysts

Key Points

• Diodes Incorporated (NASDAQ:DIOD) has received a consensus recommendation of "Moderate Buy" from five research firms, with varying ratings including one sell, one hold, two buys, and one strong buy.
• The average 12-month price target for the stock is now $55.00, reflecting a positive outlook from analysts.
• Diodes recently reported quarterly earnings of $0.32 per share, exceeding analyst expectations, with a revenue of $366.20 million which is an increase of 14.5% from the same quarter last year.

Diodes Incorporated (NASDAQ:DIOD - Get Free Report) has earned an average rating of "Moderate Buy" from the five ratings firms that are currently covering the stock, Marketbeat reports. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating, two have given a buy rating and one has issued a strong buy rating on the company. The average 12 month price objective among brokers that have updated their coverage on the stock in the last year is $55.00.

Several equities analysts have issued reports on DIOD shares. Wall Street Zen upgraded Diodes from a "hold" rating to a "buy" rating in a research report on Sunday, August 31st. Benchmark restated a "buy" rating and set a $62.00 target price (up previously from $55.00) on shares of Diodes in a research report on Friday, June 13th. Finally, Zacks Research upgraded Diodes to a "strong sell" rating in a research report on Friday, August 8th.

Insiders Place Their Bets

In related news, CFO Brett R. Whitmire sold 2,000 shares of the company's stock in a transaction dated Wednesday, August 27th. The stock was sold at an average price of $55.90, for a total value of $111,800.00. Following the completion of the sale, the chief financial officer owned 48,777 shares in the company, valued at approximately $2,726,634.30. This represents a 3.94% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, SVP Emily Yang sold 1,000 shares of the company's stock in a transaction dated Thursday, August 28th. The shares were sold at an average price of $56.36, for a total value of $56,360.00. Following the completion of the sale, the senior vice president owned 59,479 shares of the company's stock, valued at $3,352,236.44. This represents a 1.65% decrease in their position. The disclosure for this sale can be found here. Insiders own 2.30% of the company's stock.

Institutional Investors Weigh In On Diodes

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Principal Financial Group Inc. increased its holdings in Diodes by 2.6% in the first quarter. Principal Financial Group Inc. now owns 230,728 shares of the semiconductor company's stock valued at $9,961,000 after purchasing an additional 5,931 shares during the last quarter. Oppenheimer Asset Management Inc. grew its stake in Diodes by 19.7% in the first quarter. Oppenheimer Asset Management Inc. now owns 18,768 shares of the semiconductor company's stock valued at $810,000 after acquiring an additional 3,092 shares during the period. GAMMA Investing LLC grew its stake in Diodes by 4,211.7% in the first quarter. GAMMA Investing LLC now owns 35,313 shares of the semiconductor company's stock valued at $1,524,000 after acquiring an additional 34,494 shares during the period. SG Americas Securities LLC acquired a new position in Diodes in the first quarter valued at about $952,000. Finally, QRG Capital Management Inc. grew its stake in Diodes by 5.4% in the first quarter. QRG Capital Management Inc. now owns 6,290 shares of the semiconductor company's stock valued at $272,000 after acquiring an additional 323 shares during the period. Institutional investors own 99.23% of the company's stock.

Diodes Stock Performance

NASDAQ DIOD traded down $1.70 during trading on Tuesday, hitting $52.62. The company's stock had a trading volume of 345,665 shares, compared to its average volume of 418,387. The company has a quick ratio of 2.04, a current ratio of 3.33 and a debt-to-equity ratio of 0.01. The firm has a 50 day moving average price of $53.31 and a 200 day moving average price of $47.91. The firm has a market cap of $2.44 billion, a P/E ratio of 38.41 and a beta of 1.54. Diodes has a 52 week low of $32.93 and a 52 week high of $67.40.

Diodes (NASDAQ:DIOD - Get Free Report) last announced its quarterly earnings data on Thursday, August 7th. The semiconductor company reported $0.32 earnings per share for the quarter, topping the consensus estimate of $0.24 by $0.08. The company had revenue of $366.20 million for the quarter, compared to analyst estimates of $352.08 million. Diodes had a return on equity of 2.98% and a net margin of 4.59%.Diodes's revenue for the quarter was up 14.5% compared to the same quarter last year. During the same quarter last year, the firm earned $0.33 EPS. Diodes has set its Q3 2025 guidance at EPS. Equities research analysts forecast that Diodes will post 1.82 earnings per share for the current fiscal year.

About Diodes

Diodes Incorporated, together with its subsidiaries, manufactures and supplies application-specific standard products in the broad discrete, logic, analog, and mixed-signal semiconductor markets worldwide. The company offers discrete semiconductor products, such as MOSFETs, SiC MOSFETs; data line protection, power line protection, thyristers, USB Type-C protection, and transient voltage suppressors; Schottky, small signal switching, Zener, and SiC diodes; bridges, super barrier, Schottky, Schottky bridge, and fast/ultra-fast rectifiers; and bipolar, avalanche, gate driver, and pre-bias transistors.