Diodes (NASDAQ:DIOD) Issues Earnings Results

Diodes (NASDAQ:DIOD) announced its earnings results on Tuesday. The semiconductor company reported $0.27 EPS for the quarter, missing analysts’ consensus estimates of $0.54 by ($0.27), Zacks reports. Diodes had a return on equity of 3.90% and a net margin of 4.72%. Diodes updated its Q1 2025 guidance to EPS.

Diodes Price Performance

Shares of NASDAQ DIOD opened at $52.56 on Thursday. The business’s 50 day moving average price is $60.95 and its 200 day moving average price is $62.67. The firm has a market cap of $2.44 billion, a P/E ratio of 39.82 and a beta of 1.31. Diodes has a 52 week low of $50.26 and a 52 week high of $86.74. The company has a quick ratio of 2.21, a current ratio of 3.58 and a debt-to-equity ratio of 0.01.

Insider Activity at Diodes

In other Diodes news, CFO Brett R. Whitmire sold 830 shares of the company’s stock in a transaction that occurred on Tuesday, February 4th. The stock was sold at an average price of $56.04, for a total value of $46,513.20. Following the sale, the chief financial officer now owns 51,525 shares in the company, valued at approximately $2,887,461. This represents a 1.59 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, SVP Emily Yang sold 950 shares of the company’s stock in a transaction that occurred on Tuesday, February 4th. The stock was sold at an average price of $56.04, for a total value of $53,238.00. Following the completion of the sale, the senior vice president now owns 65,107 shares in the company, valued at approximately $3,648,596.28. This represents a 1.44 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 4,680 shares of company stock worth $262,267 over the last quarter. Insiders own 2.30% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on DIOD shares. StockNews.com upgraded Diodes from a “sell” rating to a “hold” rating in a research note on Monday, November 11th. Truist Financial dropped their price target on Diodes from $63.00 to $53.00 and set a “hold” rating on the stock in a research note on Wednesday. Finally, Benchmark dropped their price target on Diodes from $74.00 to $65.00 and set a “buy” rating on the stock in a research note on Wednesday.

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.