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NASDAQ:DIOD

Diodes (DIOD) Stock Price, News & Analysis

Diodes logo
$55.59 +0.89 (+1.63%)
(As of 11/20/2024 ET)

About Diodes Stock (NASDAQ:DIOD)

Key Stats

Today's Range
$53.98
$55.63
50-Day Range
$53.01
$65.35
52-Week Range
$52.71
$86.74
Volume
288,851 shs
Average Volume
345,205 shs
Market Capitalization
$2.58 billion
P/E Ratio
42.11
Dividend Yield
N/A
Price Target
$72.80
Consensus Rating
Hold

Company Overview

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. It also provides analog products, including power management devices comprising AC-DC and DC-DC converters, USB power switches, low dropout, photocoupler and linear voltage regulators; standard linear devices consisting of operational amplifiers and comparators, current monitors, voltage references, and reset generators; LED lighting drivers; audio amplifiers; and sensor products, such as hall-effect sensors and motor drivers. In addition, the company offers mixed-signal products, such as high speed mux/demux, digital switches, interface, redrivers, universal level shifters/voltage translators, clock ICs and packet switches; standard logic products comprising low-voltage complementary metal-oxide-semiconductor (CMOS) and advanced high-speed CMOS devices; ultra-low power CMOS logic; and analog switches; multichip products and co-packaged discrete, analog and mixed-signal silicon in miniature packages; and silicon and silicon epitaxial wafers used in manufacturing frequency control products and contact images sensors. It serves 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.

Diodes Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
71st Percentile Overall Score

DIOD MarketRank™: 

Diodes scored higher than 71% of companies evaluated by MarketBeat, and ranked 280th out of 648 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Diodes has received a consensus rating of Hold. The company's average rating score is 2.40, and is based on 2 buy ratings, 3 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Diodes has only been the subject of 2 research reports in the past 90 days.

  • Read more about Diodes' stock forecast and price target.
  • Earnings Growth

    Earnings for Diodes are expected to grow by 147.74% in the coming year, from $1.55 to $3.84 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Diodes is 42.11, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 136.33.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Diodes is 42.11, 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 268.73.

  • Price to Book Value per Share Ratio

    Diodes has a P/B Ratio of 1.41. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about Diodes' valuation and earnings.
  • Percentage of Shares Shorted

    4.86% of the outstanding shares of Diodes have been sold short.
  • Short Interest Ratio / Days to Cover

    Diodes has a short interest ratio ("days to cover") of 7.
  • Change versus previous month

    Short interest in Diodes has recently increased by 7.14%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    Diodes does not currently pay a dividend.

  • Dividend Growth

    Diodes does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    4.86% of the outstanding shares of Diodes have been sold short.
  • Short Interest Ratio / Days to Cover

    Diodes has a short interest ratio ("days to cover") of 7.
  • Change versus previous month

    Short interest in Diodes has recently increased by 7.14%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    Diodes has a news sentiment score of 0.55. 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 news sentiment score is similar to the average news sentiment of Computer and Technology companies.
  • News Coverage This Week

    MarketBeat has tracked 7 news articles for Diodes this week, compared to 8 articles on an average week.
  • 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 $295,249.00 in company stock.

  • Percentage Held by Insiders

    Only 2.30% of the stock of Diodes is held by insiders.

  • Percentage Held by Institutions

    99.23% of the stock of Diodes is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Diodes' insider trading history.
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DIOD Stock News Headlines

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DIOD Stock Analysis - Frequently Asked Questions

Diodes' stock was trading at $80.52 at the beginning of 2024. Since then, DIOD stock has decreased by 31.0% and is now trading at $55.59.
View the best growth stocks for 2024 here
.

Diodes Incorporated (NASDAQ:DIOD) posted its quarterly earnings results on Thursday, August, 8th. The semiconductor company reported $0.33 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.30 by $0.03. The company's revenue was down 31.5% on a year-over-year basis.

Diodes subsidiaries include these companies: Lite-On Semiconductor, Pericom Semiconductor (HK) Limited, BCD Semiconductor Manufacturing Limited, BCD Semiconductor Manufacturing Limited, Power Analog Microelectronics, Diodes Zetex Limited, Zetex, and more.

Top institutional shareholders of Diodes include FMR LLC (12.49%), State Street Corp (4.66%), Victory Capital Management Inc. (3.76%) and Geode Capital Management LLC (2.73%). Insiders that own company stock include Keh Shew Lu, Michael R Giordano, Emily Yang, Brett R Whitmire, Francis Tang, Evan Yu, Richard Dallas White, Julie Holland, Gary Yu, Andy Tsong, Jin Zhao and Peter M Menard.
View institutional ownership trends
.

Shares of DIOD stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Diodes investors own include American Water Works (AWK), Waste Connections (WCN), Voyager Therapeutics (VYGR), DiamondRock Hospitality (DRH), Humana (HUM), The RMR Group (RMR) and AUO (AUOTY).

Company Calendar

Last Earnings
8/08/2024
Today
11/20/2024
Fiscal Year End
12/31/2024
Next Earnings (Estimated)
2/04/2025

Industry, Sector and Symbol

Industry
Semiconductors & related devices
Sub-Industry
Semiconductors
Current Symbol
NASDAQ:DIOD
CUSIP
25454310
Employees
8,635
Year Founded
1959

Price Target and Rating

Average Stock Price Target
$72.80
High Stock Price Target
$85.00
Low Stock Price Target
$62.00
Potential Upside/Downside
+31.0%
Consensus Rating
Hold
Rating Score (0-4)
2.40
Research Coverage
5 Analysts

Profitability

Net Income
$227.18 million
Pretax Margin
6.05%

Debt

Sales & Book Value

Annual Sales
$1.29 billion
Cash Flow
$8.25 per share
Book Value
$39.39 per share

Miscellaneous

Free Float
45,267,000
Market Cap
$2.58 billion
Optionable
Optionable
Beta
1.32

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This page (NASDAQ:DIOD) was last updated on 11/21/2024 by MarketBeat.com Staff
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