NASDAQ:DIOD

Diodes (DIOD) Stock Forecast, Price & News

$74.71

-0.49 (-0.65%)

(As of 09/21/2023 ET)

Compare

Today's Range: $74.46
▼
$75.78
50-Day Range: $74.71
▼
$95.67
52-Week Range: $61.51
▼
$97.45

Volume: 293,131 shs
Average Volume: 262,875 shs
Market Capitalization: $3.43 billion

P/E Ratio: 10.39
Dividend Yield: N/A
Price Target: $100.60

Diodes MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.80 Rating Score
Upside/Downside: 34.7% Upside
$100.60 Price Target
Short Interest: Bearish
2.54% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.46
Based on 3 Articles This Week
Insider Trading: Selling Shares
$655,248 Sold Last Quarter
Proj. Earnings Growth: 8.53%
From $5.51 to $5.98 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.40 out of 5 stars

Computer And Technology Sector

252nd out of 593 stocks

Semiconductors & Related Devices Industry

39th out of 86 stocks

3.4

Analyst's Opinion

Consensus Rating
Diodes has received a consensus rating of Moderate Buy. The company's average rating score is 2.80, and is based on 4 buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $100.60, Diodes has a forecasted upside of 34.7% from its current price of $74.71.
Amount of Analyst Coverage
Diodes has only been the subject of 2 research reports in the past 90 days.

2.0

Short Interest

Percentage of Shares Shorted
2.54% of the float of Diodes has been sold short.
Short Interest Ratio / Days to Cover
Diodes has a short interest ratio ("days to cover") of 4.6.
Change versus previous month
Short interest in Diodes has recently increased by 2.73%, indicating that investor sentiment is decreasing.

0.0

Dividend Strength

Dividend Yield
Diodes does not currently pay a dividend.
Dividend Growth
Diodes does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for DIOD.

1.9

News and Social Media Coverage

News Sentiment
Diodes has a news sentiment score of 0.46. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.57 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 3 news articles for Diodes this week, compared to 6 articles on an average week.
Search Interest
Only 1 people have searched for DIOD on MarketBeat in the last 30 days. This is a decrease of -75% compared to the previous 30 days.
MarketBeat Follows
3 people have added Diodes to their MarketBeat watchlist in the last 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Diodes insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $655,248.00 in company stock.
Percentage Held by Insiders
Only 2.20% of the stock of Diodes is held by insiders.
Percentage Held by Institutions
94.82% of the stock of Diodes is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5

Earnings and Valuation

Earnings Growth
Earnings for Diodes are expected to grow by 8.53% in the coming year, from $5.51 to $5.98 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Diodes is 10.39, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 125.42.
Price to Earnings Ratio vs. Sector
The P/E ratio of Diodes is 10.39, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 265.56.
Price to Book Value per Share Ratio
Diodes has a P/B Ratio of 2.15. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Diodes (NASDAQ:DIOD) Stock

Diodes Incorporated engages in the manufacture and supply of application-specific standard products in the broad discrete, logic, analog, and mixed-signal semiconductor markets worldwide. The company offers discrete semiconductor products, such as MOSFET, TVS, and performance Schottky rectifiers; GPP bridges and rectifiers, and performance Schottky diodes; performance Zener diodes, including tight tolerance and low operating current type; standard, fast, super-fast, and ultra-fast recovery rectifiers; bridge rectifiers; switching diodes; small signal bipolar and prebiased transistors; thyristor surge protection devices; and transient voltage suppressors. It also provides analog products, such as power management devices comprising AC-DC and DC-DC converters, USB power switches, and low dropout and linear voltage regulators; linear devices comprising operational amplifiers and comparators, current monitors, voltage references, and reset generators; LED lighting drivers; audio amplifiers; and sensor products, including hall-effect sensors and motor drivers. In addition, the company offers mixed-signal products, such as high speed mux/demux products, digital switches, interfaces, redrivers, universal level shifters/voltage translators, clock ICs, and packet switches; standard logic products comprising low-voltage complementary metaloxidesemiconductor (CMOS) and high-speed CMOS devices; ultra-low power CMOS logic products and analog switches; multichip products and co-packaged discrete products, analog, and mixed-signal silicon in miniature packages; silicon and silicon epitaxial wafers; and frequency control products provides frequency references comprising crystals and crystal oscillators. It servs the industrial, automotive, computing, communications, and consumer markets through direct sales, marketing personnel, independent sales representatives, and distributors. The company was incorporated in 1959 and is headquartered in Plano, Texas.

DIOD Price History

30 days | 90 days | 365 days | Advanced Chart

DIOD Stock News Headlines

September 20, 2023 | americanbankingnews.com

Diodes Incorporated (NASDAQ:DIOD) Receives $100.60 Average Price Target from Brokerages

September 20, 2023 | americanbankingnews.com

Diodes Incorporated (NASDAQ:DIOD) Given Consensus Recommendation of "Moderate Buy" by Brokerages

September 22, 2023 | Wall Street Fundamentals (Ad)

The "Plug and Play" Model Putting Online Giants to Shame

While e-commerce has been undergoing a turbulent time, a "simple" model has grown 4X faster than Amazon over the last 3 years. Applying this model to high-margin, recession-resistant businesses has shown to be profitable. But that's just the beginning of explaining the 400+% growth - and potential - of this "diamond in the rough."

September 19, 2023 | finance.yahoo.com

Space-Saving, High-Voltage, Dual-Output, Automotive-Compliant Hall-Effect Sensors from Diodes Incorporated Deliver Accurate Speed/Directional Data

September 14, 2023 | finance.yahoo.com

300mA Output Automotive-Compliant LDOs from Diodes Incorporated with Power Good Support Off-Battery Point-of-Load

September 12, 2023 | finance.yahoo.com

Boost/SEPIC Controller from Diodes Incorporated Enables 50kHz LED-Wide PWM Dimming in Automotive Lighting Applications

September 7, 2023 | msn.com

Truist Securities Maintains Diodes (DIOD) Buy Recommendation

September 6, 2023 | markets.businessinsider.com

Truist Securities Maintains Buy Rating for Diodes: Here's What You Need To Know

September 22, 2023 | Wall Street Fundamentals (Ad)

The "Plug and Play" Model Putting Online Giants to Shame

September 6, 2023 | finance.yahoo.com

High Current, High Accuracy LDO from Diodes Incorporated Addresses Noise-Sensitive Power Conversion Applications

September 4, 2023 | finance.yahoo.com

We Think Diodes (NASDAQ:DIOD) Might Have The DNA Of A Multi-Bagger

August 31, 2023 | finance.yahoo.com

Diodes Incorporated to Participate at Benchmark's TMT 1x1 Investor Conference on September 13

August 29, 2023 | finance.yahoo.com

Micropower, Push-Pull, Unipolar Hall Switches from Diodes Incorporated Save Board Space in Battery-Powered Applications

August 25, 2023 | msn.com

'Paltry' pay offer blasted as workers at semiconductors maker vote on strike

August 25, 2023 | msn.com

Strike vote set at UK arm of $2bn semiconductor maker over 'paltry' pay rise offer

August 24, 2023 | bearingdrift.com

Press Release: Virginia-Founded Manufacturer to Expand in City of Charlottesville

August 21, 2023 | finance.yahoo.com

Vishay (VSH) Expands Its Diodes Offerings With Latest Move

August 19, 2023 | seekingalpha.com

Diodes Incorporated: The Recovery Will Take Longer To Get Here

August 10, 2023 | seekingalpha.com

Diodes Incorporated 2023 Q2 - Results - Earnings Call Presentation

August 10, 2023 | msn.com

Benchmark Maintains Diodes (DIOD) Buy Recommendation

August 9, 2023 | finance.yahoo.com

Q2 2023 Diodes Inc Earnings Call

August 8, 2023 | finance.yahoo.com

Diodes (DIOD) Q2 Earnings Beat Estimates

August 8, 2023 | markets.businessinsider.com

Diodes Inc. Q2 Profit Increases, beats estimates

August 8, 2023 | finance.yahoo.com

Diodes Incorporated Reports Second Quarter Fiscal 2023 Financial Results

August 7, 2023 | prnewswire.com

Chip on Board Light Emitting Diodes Market to Reach $5.5 Billion, Globally, by 2032 at 11.8% CAGR: Allied Market Research

August 4, 2023 | bizjournals.com

D.C.-area building design experts explain how to make LED lighting better for us

August 1, 2023 | finance.yahoo.com

Estimating The Intrinsic Value Of Diodes Incorporated (NASDAQ:DIOD)

See More Headlines

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DIOD Company Calendar

Last Earnings: 8/08/2023
Today: 9/21/2023
Next Earnings (Estimated): 11/06/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Semiconductors & related devices
Sub-Industry: Semiconductors
Sector: Computer and Technology
Current Symbol: NASDAQ:DIOD
CUSIP: 25454310
CIK: 29002
Web: www.diodes.com
Phone: (972) 987-3900
Fax: 972-731-3510
Employees: 8,877
Year Founded: 1959

Price Target and Rating

Average Stock Price Forecast: $100.60
High Stock Price Forecast: $120.00
Low Stock Price Forecast: $85.00
Forecasted Upside/Downside: +34.7%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.80
Research Coverage: 5 Analysts

Profitability

EPS (Most Recent Fiscal Year): $7.19
Trailing P/E Ratio: 10.39
Forward P/E Ratio: 13.56
P/E Growth: N/A
Net Income: $331.28 million
Net Margins: 16.99%
Pretax Margin: 20.16%
Return on Equity: 19.78%
Return on Assets: 13.73%

Debt

Debt-to-Equity Ratio: 0.03
Current Ratio: 2.81
Quick Ratio: 2.02

Sales & Book Value

Annual Sales: $2.00 billion
Price / Sales: 1.72
Cash Flow: $10.16 per share
Price / Cash Flow: 7.35
Book Value: $34.81 per share
Price / Book: 2.15

Miscellaneous

Outstanding Shares: 45,940,000
Free Float: 44,928,000
Market Cap: $3.43 billion
Optionable: Optionable
Beta: 1.45

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Key Executives

Dr. Keh-Shew Lu Ph.D. (Age 76)
Chairman, CEO & Pres
Comp: $2.8M

Mr. Brett R. Whitmire (Age 57)
Chief Financial Officer
Comp: $834.54k

Mr. Gary Yu (Age 49)
Chief Operating Officer
Comp: $896.87k

Mr. Francis Tang (Age 68)
Sr. VP of Worldwide Discrete Products
Comp: $1.04M

Mr. Gurmeet Dhaliwal
Director of Investor Relations & Corp. Marketing

Ms. Sheana Chen
VP, Gen. Counsel and Corp. Compliance Officer & Sustainability Officer

Ms. Emily Yang (Age 54)
Sr. VP of Worldwide Sales & Marketing

Mr. Tim Monaghan
Pres of Europe

Mr. Kuo Ting Tsong (Age 55)
Pres of Asia Pacific Region

Dr. Jin Zhao (Age 54)
Sr. VP of Worldwide Analog Products

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

DIOD Stock - Frequently Asked Questions

Should I buy or sell Diodes stock right now?: 5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Diodes in the last year. There are currently 1 hold rating and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" DIOD shares.
View DIOD analyst ratings or view top-rated stocks.
What is Diodes' stock price forecast for 2023?: 5 analysts have issued 12 month price objectives for Diodes' stock. Their DIOD share price forecasts range from $85.00 to $120.00. On average, they predict the company's share price to reach $100.60 in the next twelve months. This suggests a possible upside of 34.7% from the stock's current price.
View analysts price targets for DIOD or view top-rated stocks among Wall Street analysts.
How have DIOD shares performed in 2023?: Diodes' stock was trading at $76.14 at the start of the year. Since then, DIOD shares have decreased by 1.9% and is now trading at $74.71.
View the best growth stocks for 2023 here.
When is Diodes' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Monday, November 6th 2023.
View our DIOD earnings forecast.
How were Diodes' earnings last quarter?: Diodes Incorporated (NASDAQ:DIOD) posted its quarterly earnings data on Tuesday, August, 8th. The semiconductor company reported $1.59 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.57 by $0.02. The semiconductor company earned $467.20 million during the quarter, compared to analysts' expectations of $467.12 million. Diodes had a net margin of 16.99% and a trailing twelve-month return on equity of 19.78%. Diodes's revenue was down 6.7% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.90 EPS.
What ETFs hold Diodes' stock?: ETFs with the largest weight of Diodes (NASDAQ:DIOD) stock in their portfolio include Invesco S&P SmallCap Information Technology ETF (PSCT), SPDR S&P Semiconductor ETF (XSD), Invesco Semiconductors ETF (PSI), iShares Future Cloud 5G and Tech ETF (IDAT), Invesco S&P SmallCap Quality ETF (XSHQ), First Trust Nasdaq Semiconductor ETF (FTXL), Vanguard S&P Small-Cap 600 Growth ETF (VIOG) and SPDR S&P 600 Small Cap Growth ETF (SLYG).
What guidance has Diodes issued on next quarter's earnings?: Diodes issued an update on its third quarter 2023 earnings guidance on Tuesday, August, 8th. The company provided EPS guidance of for the period. The company issued revenue guidance of $412.25 million-$437.75 million, compared to the consensus revenue estimate of $481.75 million.
What is Keh-Shew Lu's approval rating as Diodes' CEO?: 40 employees have rated Diodes Chief Executive Officer Keh-Shew Lu on Glassdoor.com. Keh-Shew Lu has an approval rating of 35% among the company's employees. This puts Keh-Shew Lu in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies. 50.0% of employees surveyed would recommend working at Diodes to a friend.

What other stocks do shareholders of Diodes own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Diodes investors own include Microchip Technology (MCHP), Intel (INTC), Micron Technology (MU), Advanced Micro Devices (AMD), NVIDIA (NVDA), Skyworks Solutions (SWKS), Lam Research (LRCX), AbbVie (ABBV), Bristol-Myers Squibb (BMY) and Cisco Systems (CSCO).
What is Diodes' stock symbol?: Diodes trades on the NASDAQ under the ticker symbol "DIOD."
Who are Diodes' major shareholders?: Diodes' stock is owned by a variety of retail and institutional investors. Top institutional investors include BlackRock Inc. (15.25%), Earnest Partners LLC (4.56%), State Street Corp (4.41%), LSV Asset Management (4.08%), Dimensional Fund Advisors LP (3.76%) and Congress Asset Management Co. MA (2.89%). Insiders that own company stock include Andy Tsong, Brett R Whitmire, C H Chen, C H Chen, Emily Yang, Evan Yu, Francis Tang, Gary Yu, Jin Zhao, Julie Holland, Keh Shew Lu, Mezerville Roberto De, Michael R Giordano, Peter M Menard and Richard Dallas White.
View institutional ownership trends.
How do I buy shares of Diodes?: Shares of DIOD stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Diodes' stock price today?: One share of DIOD stock can currently be purchased for approximately $74.71.
How much money does Diodes make?: Diodes (NASDAQ:DIOD) has a market capitalization of $3.43 billion and generates $2.00 billion in revenue each year. The semiconductor company earns $331.28 million in net income (profit) each year or $7.19 on an earnings per share basis.
How many employees does Diodes have?: The company employs 8,877 workers across the globe.
Does Diodes have any subsidiaries?: The following companies are subsidiares of Diodes: BCD Semiconductor Manufacturing Limited, BCD Semiconductor Manufacturing Limited, BCD Shanghai Micro-Electronics Company Limited, Canyon Semiconductor Inc., DiodSent Green Technology Co. Ltd, Diodes (Shanghai) Investment Company Limited, Diodes Electronic (Shenzhen) Company Limited, Diodes Fast Analog Solutions Limited, Diodes Fast Analog Solutions Limited, Diodes Holdings UK Limited, Diodes Hong Kong Limited, Diodes Investments Taiwan Co. Ltd, Diodes Japan K.K., Diodes Kaihong (Shanghai) Company Limited, Diodes Korea Inc, Diodes Semiconductors GB Limited, Diodes Taiwan S.a. r.l, Diodes Taiwan S.a. r.l. Hsinchu Branch (Luxembourg), Diodes Taiwan S.a. r.l. Keelung Branch (Luxembourg), Diodes Taiwan S.a. r.l. Taiwan Branch (Luxembourg), Diodes Technologies Taiwan Co. Ltd., Diodes Technology (Chengdu) Company Limited, Diodes Zetex Limited, Diodes Zetex Limited, Diodes Zetex Neuhaus GmbH, Diodes Zetex Semiconductors Limited, Dyna Image Corp., Dyna Image Corporation, Dyna International Co. Ltd., Dyna International Holding Co. Ltd., Eris Technology Corporation, Lite-On Microelectronics (Wuxi) Co. Ltd., Lite-On Semiconductor, Lite-On Semiconductor (Wuxi) Co. Ltd., Lite-On Semiconductor Corp., Lite-On Semiconductor HK Limited, Lyra Semiconductor Incorporated, PSE Technology (Shandong) Corporation, PSE Technology Corporation, Pericom Semiconductor (HK) Limited, Pericom Semiconductor (HK) Limited, Pericom Technology (Shanghai) Company Limited, Pericom Technology (Yangzhou) Corporation, Power Analog Microelectronics, Savitech Corp., Shanghai Kaihong Electronic Company Limited., Shanghai Kaihong Technology Company Limited, Shanghai Seeful Electronic Co. Ltd., Smart Power Holdings Group Co. Ltd., TF Semiconductor Solutions Inc, WBG Power Systems (Cayman) Co. Ltd., WBG Power Systems (Hong Kong) Co. Ltd., Yea Shin Technology Co. Ltd., and Zetex.
Read More
How can I contact Diodes?: Diodes' mailing address is 4949 Hedgcoxe Road Suite 200, Plano TX, 75024. The official website for the company is www.diodes.com. The semiconductor company can be reached via phone at (972) 987-3900, via email at laura_mehrl@diodes.com, or via fax at 972-731-3510.

This page (NASDAQ:DIOD) was last updated on 9/22/2023 by MarketBeat.com Staff

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