Diodes Incorporated (NASDAQ:DIOD) is set to announce its earnings results after the market closes on Tuesday, August 8th. Analysts expect the company to announce earnings of $0.36 per share for the quarter.

Diodes (NASDAQ:DIOD) last issued its earnings results on Tuesday, May 9th. The semiconductor company reported $0.14 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.05 by $0.09. Diodes had a return on equity of 4.72% and a net margin of 1.98%. The company had revenue of $236.30 million during the quarter, compared to the consensus estimate of $231.03 million. During the same quarter in the prior year, the business earned $0.12 earnings per share. The company’s revenue was up 6.1% compared to the same quarter last year. On average, analysts expect Diodes to post $1.25 EPS for the current fiscal year and $1.5 EPS for the next fiscal year.

Shares of Diodes Incorporated (NASDAQ DIOD) opened at 26.18 on Monday. The stock has a market cap of $1.27 billion, a P/E ratio of 69.63 and a beta of 1.22. Diodes Incorporated has a 12 month low of $18.08 and a 12 month high of $27.50. The stock has a 50 day moving average price of $25.46 and a 200 day moving average price of $24.86.

DIOD has been the topic of several recent research reports. Zacks Investment Research upgraded Diodes from a “hold” rating to a “buy” rating and set a $29.00 target price on the stock in a report on Friday, May 12th. BidaskClub lowered Diodes from a “hold” rating to a “sell” rating in a report on Wednesday, July 5th. Cleveland Research lowered Diodes from a “buy” rating to a “neutral” rating in a report on Thursday, July 20th. Finally, Robert W. Baird restated an “outperform” rating and set a $30.00 target price on shares of Diodes in a report on Friday, June 9th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and two have issued a buy rating to the stock. Diodes currently has a consensus rating of “Hold” and an average price target of $29.50.

In other Diodes news, VP Francis Tang sold 2,200 shares of the firm’s stock in a transaction dated Tuesday, May 16th. The stock was sold at an average price of $26.66, for a total transaction of $58,652.00. Following the transaction, the vice president now directly owns 69,943 shares in the company, valued at $1,864,680.38. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CEO Keh Shew Lu sold 29,126 shares of the firm’s stock in a transaction dated Tuesday, May 16th. The shares were sold at an average price of $26.38, for a total value of $768,343.88. Following the transaction, the chief executive officer now owns 1,095,920 shares in the company, valued at $28,910,369.60. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 306,069 shares of company stock worth $7,989,798. Corporate insiders own 6.70% of the company’s stock.

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About Diodes

Diodes Incorporated is a manufacturer and supplier of application-specific standard products within the discrete, logic, analog and mixed-signal semiconductor markets, serving the consumer electronics, computing, communications, industrial and automotive markets. The Company’s products include diodes; rectifiers; transistors; metal-oxide semiconductor field-effect transistors (MOSFETs); protection devices; amplifiers and comparators; Hall-effect and temperature sensors, and power management devices, including light emitting diode (LED) drivers, alternating current (AC)-direct current (DC) and DC-DC switching, linear voltage regulators and voltage references, along with special function devices, such as universal serial bus (USB) power switches, load switches, voltage supervisors and motor controllers.

Earnings History for Diodes (NASDAQ:DIOD)

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