Diodes (NASDAQ:DIOD) Announces Quarterly Earnings Results

Diodes (NASDAQ:DIOD) posted its quarterly earnings data on Tuesday. The semiconductor company reported $0.27 EPS for the quarter, missing the consensus estimate 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 Up 3.1 %

NASDAQ:DIOD opened at $52.56 on Thursday. The company has a current ratio of 3.58, a quick ratio of 2.21 and a debt-to-equity ratio of 0.01. The stock has a fifty day simple moving average of $60.95 and a 200-day simple moving average of $62.67. The company has a market cap of $2.44 billion, a price-to-earnings ratio of 39.82 and a beta of 1.31. Diodes has a twelve month low of $50.26 and a twelve month high of $86.74.

Insider Activity at Diodes

In related news, CFO Brett R. Whitmire sold 830 shares of Diodes stock in a transaction dated Tuesday, February 4th. The stock was sold at an average price of $56.04, for a total value of $46,513.20. Following the completion of the sale, the chief financial officer now directly owns 51,525 shares in the company, valued at $2,887,461. The trade was a 1.59 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, President Gary Yu sold 2,900 shares of Diodes stock in a transaction dated Tuesday, February 4th. The shares were sold at an average price of $56.04, for a total value of $162,516.00. Following the completion of the sale, the president now owns 79,697 shares of the company’s stock, valued at $4,466,219.88. The trade was a 3.51 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 4,680 shares of company stock worth $262,267 over the last three months. 2.30% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

Several research analysts have commented on the stock. StockNews.com raised shares of Diodes from a “sell” rating to a “hold” rating in a research note on Monday, November 11th. Truist Financial decreased their target price on Diodes from $63.00 to $53.00 and set a “hold” rating for the company in a research report on Wednesday. Finally, Benchmark decreased their target price on Diodes from $74.00 to $65.00 and set a “buy” rating for the company in a research report 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.