Weiss Ratings Reiterates "Hold (C-)" Rating for Diodes (NASDAQ:DIOD)

Key Points

• Weiss Ratings has reiterated a "Hold (C-)" rating for Diodes (NASDAQ:DIOD), while other analysts, including Zacks Research, have upgraded their ratings to "Hold" or "Buy".
• Diodes shares are currently priced at $52.58 after a 3.0% increase in trading, and the company has a reported market capitalization of $2.44 billion.
• The company recently reported earnings of $0.32 per share, surpassing estimates and revealing a 14.5% revenue increase compared to the same quarter last year.

Diodes (NASDAQ:DIOD - Get Free Report)'s stock had its "hold (c-)" rating restated by investment analysts at Weiss Ratings in a report released on Wednesday,Weiss Ratings reports.

Several other equities analysts also recently weighed in on the company. Zacks Research raised Diodes from a "strong sell" rating to a "hold" rating in a research report on Monday. Benchmark reaffirmed a "buy" rating and issued a $62.00 price objective (up previously from $55.00) on shares of Diodes in a research report on Friday, June 13th. Finally, Wall Street Zen raised Diodes from a "hold" rating to a "buy" rating in a research report on Sunday, August 31st. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat.com, Diodes presently has a consensus rating of "Moderate Buy" and a consensus price target of $55.00.

Diodes Trading Up 3.0%

Shares of NASDAQ DIOD traded up $1.55 during trading hours on Wednesday, hitting $52.58. 192,776 shares of the company traded hands, compared to its average volume of 438,702. The stock has a market capitalization of $2.44 billion, a price-to-earnings ratio of 38.38 and a beta of 1.63. The company has a current ratio of 3.33, a quick ratio of 2.04 and a debt-to-equity ratio of 0.01. The company's 50 day moving average price is $53.01 and its 200 day moving average price is $48.68. Diodes has a 12 month low of $32.93 and a 12 month high of $67.40.

Diodes (NASDAQ:DIOD - Get Free Report) last released 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 firm had revenue of $366.20 million for 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 for the quarter was up 14.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.33 EPS. Diodes has set its Q3 2025 guidance at EPS. On average, equities research analysts anticipate that Diodes will post 1.82 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, SVP Emily Yang sold 1,000 shares of the stock in a transaction on Thursday, August 28th. The stock was sold at an average price of $56.36, for a total transaction of $56,360.00. Following the transaction, the senior vice president owned 59,479 shares of the company's stock, valued at approximately $3,352,236.44. This represents a 1.65% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Brett R. Whitmire sold 2,000 shares of the stock in a transaction on Wednesday, August 27th. The stock was sold at an average price of $55.90, for a total value of $111,800.00. Following the transaction, the chief financial officer directly owned 48,777 shares in the company, valued at $2,726,634.30. The trade was a 3.94% decrease in their position. The disclosure for this sale can be found here. 1.90% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Diodes

A number of hedge funds have recently made changes to their positions in DIOD. GAMMA Investing LLC lifted its stake in shares of Diodes by 4,211.7% during the 1st quarter. GAMMA Investing LLC now owns 35,313 shares of the semiconductor company's stock worth $1,524,000 after purchasing an additional 34,494 shares during the last quarter. SG Americas Securities LLC purchased a new stake in shares of Diodes during the 1st quarter worth $952,000. Azzad Asset Management Inc. ADV purchased a new stake in shares of Diodes during the 1st quarter worth $689,000. QRG Capital Management Inc. lifted its stake in shares of Diodes by 5.4% during the 1st quarter. QRG Capital Management Inc. now owns 6,290 shares of the semiconductor company's stock worth $272,000 after purchasing an additional 323 shares during the last quarter. Finally, Oppenheimer Asset Management Inc. lifted its stake in shares of Diodes by 19.7% during the 1st quarter. Oppenheimer Asset Management Inc. now owns 18,768 shares of the semiconductor company's stock worth $810,000 after purchasing an additional 3,092 shares during the last quarter. 99.23% of the stock is currently owned by hedge funds and other institutional investors.

Diodes Company Profile

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.

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