Diodes - DIOD Stock Forecast, Price & News

Diodes Incorporated designs, manufactures, and supplies application-specific standard products in the discrete, logic, analog, and mixed-signal semiconductor markets worldwide. It focuses on low pin count semiconductor devices with one or more active or passive components. The company offers discrete semiconductor products, such as MOSFET, TVS, and performance Schottky rectifiers; GPP bridges and retifiers, and performance Schottky diodes; Zener and 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, such as 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. The company offers mixed-signal products, such as high speed mux/demux products, digital switches, interfaces, redrivers, universal level shifters/voltage translator, clock ICs, and packet switches; standard logic products comprising low-voltage complementary metal-oxide-semiconductor (CMOS) and high-speed CMOS devices; ultra-low power CMOS logic products and analog switches; multichip products and co-packaged discrete, analog, and mixed-signal silicon in miniature packages; silicon and silicon epitaxial wafers; and crystals and oscillators. It sells its products to the consumer electronics, computing, communications, industrial, and automotive markets through direct sales, marketing personnel, independent sales representatives, and distributors. The company was incorporated in 1959 and is headquartered in Plano, Texas.

Analyst Upgrades and Downgrades

DIOD has been the topic of several recent research reports. Cowen boosted their price target on Diodes to $95.00 in a research report on Tuesday, August 9th. Wells Fargo & Company reduced their target price on Diodes from $85.00 to $65.00 and set an "equal weight" rating on the stock in a research note on Monday, July 11th.

Diodes Stock Performance

NASDAQ:DIOD opened at $83.89 on Tuesday. The company has a debt-to-equity ratio of 0.16, a current ratio of 2.43 and a quick ratio of 1.69. The firm has a 50-day moving average of $71.57 and a two-hundred day moving average of $78.14. The stock has a market cap of $3.82 billion, a P/E ratio of 13.38 and a beta of 1.29. Diodes has a 1-year low of $58.52 and a 1-year high of $113.98.

Diodes (NASDAQ:DIOD - Get Rating) last released its quarterly earnings data on Thursday, August 4th. The semiconductor company reported $1.90 earnings per share for the quarter, topping the consensus estimate of $1.75 by $0.15. Diodes had a net margin of 14.82% and a return on equity of 23.24%. The firm had revenue of $500.97 million for the quarter, compared to analyst estimates of $501.47 million. During the same quarter in the prior year, the business earned $1.20 earnings per share. Diodes's quarterly revenue was up 13.7% on a year-over-year basis. On average, research analysts expect that Diodes will post 7.15 earnings per share for the current fiscal year.

Insider Buying and Selling at Diodes

In related news, CFO Brett R. Whitmire sold 600 shares of the firm's stock in a transaction that occurred on Tuesday, July 5th. The shares were sold at an average price of $60.00, for a total transaction of $36,000.00. Following the transaction, the chief financial officer now owns 27,125 shares in the company, valued at $1,627,500. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 2.60% of the stock is owned by company insiders.