Diodes Incorporated (NASDAQ:DIOD) Receives Average Rating of “Buy” from Analysts

Diodes Incorporated (NASDAQ:DIOD) has been assigned an average recommendation of “Buy” from the five ratings firms that are currently covering the firm, MarketBeat.com reports. One equities research analyst has rated the stock with a hold rating, three have issued a buy rating and one has issued a strong buy rating on the company. The average 12-month target price among analysts that have issued ratings on the stock in the last year is $135.00.

A number of research analysts have recently commented on the company. Weiss Ratings restated a “hold (c)” rating on shares of Diodes in a research note on Wednesday, July 15th. Truist Financial reduced their price target on Diodes from $139.00 to $133.00 and set a “buy” rating on the stock in a research note on Thursday, August 6th. Robert W. Baird set a $192.00 price objective on Diodes in a report on Thursday, August 6th. Wall Street Zen lowered Diodes from a “strong-buy” rating to a “buy” rating in a research report on Saturday. Finally, Zacks Research raised Diodes from a “hold” rating to a “strong-buy” rating in a research report on Friday, August 7th.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the business. Wellington Management Group LLP purchased a new stake in Diodes in the second quarter worth about $10,112,000. California State Teachers Retirement System lifted its holdings in shares of Diodes by 23.8% during the first quarter. California State Teachers Retirement System now owns 54,987 shares of the semiconductor company’s stock valued at $3,753,000 after purchasing an additional 10,579 shares during the last quarter. Man Group plc bought a new stake in shares of Diodes in the 2nd quarter worth approximately $1,874,000. HighTower Advisors LLC boosted its holdings in Diodes by 1,033.0% in the second quarter. HighTower Advisors LLC now owns 38,726 shares of the semiconductor company’s stock worth $4,238,000 after acquiring an additional 35,308 shares in the last quarter. Finally, First National Bank of Omaha purchased a new stake in Diodes during the 2nd quarter valued at about $3,779,000. 99.23% of the stock is owned by hedge funds and other institutional investors.

Diodes Stock Performance

NASDAQ:DIOD opened at $95.84 on Friday. Diodes has a twelve month low of $42.28 and a twelve month high of $125.99. The company has a quick ratio of 1.99, a current ratio of 3.17 and a debt-to-equity ratio of 0.01. The firm’s fifty day simple moving average is $92.14 and its 200 day simple moving average is $93.24. The stock has a market cap of $4.41 billion, a P/E ratio of 51.81 and a beta of 1.89.

Diodes (NASDAQ:DIOD) last released its quarterly earnings results on Wednesday, August 5th. The semiconductor company reported $0.70 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.63 by $0.07. Diodes had a net margin of 5.27% and a return on equity of 4.33%. The company had revenue of $445.53 million during the quarter, compared to the consensus estimate of $436.60 million. During the same period in the prior year, the firm earned $0.32 earnings per share. Diodes’s revenue was up 21.7% on a year-over-year basis. Diodes has set its Q3 2026 guidance at 0.950-1.150 EPS. As a group, research analysts predict that Diodes will post 3.15 EPS for the current year.

About Diodes

Diodes Incorporated is a semiconductor manufacturer that develops, manufactures and sells discrete, analog, mixed-signal and logic products. Its portfolio includes rectifiers, diodes, transistors, power-management devices, voltage regulators, load switches, signal-integrity components, timing products and automotive-qualified semiconductor solutions.

The company’s products are used in power conversion, protection, switching, connectivity and signal-processing applications across the automotive, industrial, consumer electronics, computing, communications and healthcare markets.