Diodes (NASDAQ:DIOD) Announces Earnings Results

Diodes (NASDAQ:DIOD - Get Free Report) issued its quarterly 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 Stock Performance

Shares of NASDAQ DIOD traded up $0.45 during trading on Friday, reaching $53.47. 331,308 shares of the company traded hands, compared to its average volume of 425,206. The firm has a 50 day simple moving average of $60.68 and a 200-day simple moving average of $62.32. The company has a quick ratio of 2.21, a current ratio of 3.58 and a debt-to-equity ratio of 0.01. The stock has a market capitalization of $2.48 billion, a PE ratio of 40.51 and a beta of 1.31. Diodes has a 52-week low of $50.26 and a 52-week high of $86.74.

Insider Activity

In related news, CFO Brett R. Whitmire sold 830 shares of the firm's stock in a transaction that occurred on Tuesday, February 4th. The shares were sold at an average price of $56.04, for a total value of $46,513.20. Following the transaction, the chief financial officer now owns 51,525 shares of the company's stock, valued at approximately $2,887,461. This trade represents a 1.59 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, President Gary Yu sold 2,900 shares of Diodes stock in a transaction that occurred on Tuesday, February 4th. The shares were sold at an average price of $56.04, for a total transaction of $162,516.00. Following the transaction, the president now directly owns 79,697 shares in the company, valued at $4,466,219.88. This represents a 3.51 % 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 valued at $262,267 in the last 90 days. 2.30% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on DIOD. Truist Financial decreased their price target on shares of Diodes from $63.00 to $53.00 and set a "hold" rating on the stock in a report on Wednesday. Benchmark dropped their target price on shares of Diodes from $74.00 to $65.00 and set a "buy" rating for the company in a research report on Wednesday. Finally, StockNews.com upgraded shares of Diodes from a "sell" rating to a "hold" rating in a research note on Monday, November 11th.

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.