Diodes (NASDAQ:DIOD) Announces Quarterly Earnings Results, Misses Estimates By $0.27 EPS

Diodes (NASDAQ:DIOD) announced 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

NASDAQ:DIOD opened at $50.98 on Wednesday. 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 firm’s fifty day simple moving average is $61.13 and its 200 day simple moving average is $62.74. The stock has a market cap of $2.36 billion, a P/E ratio of 38.62 and a beta of 1.31. Diodes has a twelve month low of $50.64 and a twelve month high of $86.74.

Analyst Ratings Changes

Several research analysts recently commented on the stock. Benchmark decreased their target price on shares of Diodes from $74.00 to $65.00 and set a “buy” rating on the stock in a research note on Wednesday. StockNews.com upgraded shares of Diodes from a “sell” rating to a “hold” rating in a research report on Monday, November 11th. Finally, Truist Financial dropped their target price on shares of Diodes from $69.00 to $62.00 and set a “hold” rating for the company in a report on Friday, November 8th.

Insiders Place Their Bets

In related news, President Gary Yu sold 2,900 shares of the company’s stock in a transaction on Tuesday, February 4th. The stock was sold at an average price of $56.04, for a total value of $162,516.00. Following the sale, the president now directly owns 79,697 shares of the company’s stock, valued at $4,466,219.88. This represents a 3.51 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CFO Brett R. Whitmire sold 830 shares of the firm’s stock in a transaction 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 directly owns 51,525 shares of the company’s stock, valued at $2,887,461. This represents a 1.59 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 4,680 shares of company stock worth $262,267. 2.30% of the stock is currently owned by corporate insiders.

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.