Analysts Set Diodes Incorporated (NASDAQ:DIOD) Price Target at $55.00

Key Points

• Diodes Incorporated has received a consensus rating of "Moderate Buy" from five brokerages, with an average 12-month price target of $55.00.
• The company's recent earnings report showed an EPS of $0.32, exceeding estimates, and a revenue increase of 14.5% year-over-year.
• Diodes has authorized a $100 million stock buyback program, indicating management's belief that the stock is undervalued.

Shares of Diodes Incorporated (NASDAQ:DIOD - Get Free Report) have earned an average recommendation of "Moderate Buy" from the five research firms that are covering the stock, MarketBeat.com reports. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating, two have given a buy rating and one has assigned a strong buy rating to the company. The average 1 year price objective among brokerages that have issued ratings on the stock in the last year is $55.00.

Several equities analysts have recently commented on the company. Zacks Research raised Diodes to a "strong sell" rating in a report on Friday, August 8th. Benchmark reiterated a "buy" rating and set a $62.00 price objective (up from $55.00) on shares of Diodes in a research report on Friday, June 13th. Finally, Wall Street Zen upgraded Diodes from a "hold" rating to a "buy" rating in a research report on Sunday, August 3rd.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. Dimensional Fund Advisors LP grew its position in Diodes by 8.1% during the 4th quarter. Dimensional Fund Advisors LP now owns 2,238,567 shares of the semiconductor company's stock worth $138,053,000 after purchasing an additional 168,545 shares in the last quarter. Earnest Partners LLC grew its position in Diodes by 0.4% during the 4th quarter. Earnest Partners LLC now owns 2,119,097 shares of the semiconductor company's stock worth $130,685,000 after purchasing an additional 7,552 shares in the last quarter. Hood River Capital Management LLC purchased a new position in Diodes during the 4th quarter worth approximately $72,037,000. Global Alpha Capital Management Ltd. grew its position in Diodes by 56.9% during the 2nd quarter. Global Alpha Capital Management Ltd. now owns 846,070 shares of the semiconductor company's stock worth $44,749,000 after purchasing an additional 306,900 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. grew its position in Diodes by 5.3% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 723,733 shares of the semiconductor company's stock worth $31,244,000 after purchasing an additional 36,488 shares in the last quarter. Institutional investors own 99.23% of the company's stock.

Diodes Stock Down 2.0%

NASDAQ DIOD traded down $1.08 during trading hours on Friday, hitting $51.96. The company had a trading volume of 94,122 shares, compared to its average volume of 509,819. Diodes has a fifty-two week low of $32.93 and a fifty-two week high of $72.76. The company has a market capitalization of $2.41 billion, a price-to-earnings ratio of 37.93 and a beta of 1.47. The company has a debt-to-equity ratio of 0.01, a current ratio of 3.33 and a quick ratio of 2.04. The firm's 50 day moving average is $52.78 and its 200 day moving average is $48.04.

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

Diodes announced that its Board of Directors has approved a stock buyback program on Thursday, May 8th that permits the company to buyback $100.00 million in outstanding shares. This buyback authorization permits the semiconductor company to buy up to 5.4% of its shares through open market purchases. Shares buyback programs are usually an indication that the company's board of directors believes its shares are undervalued.

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.