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

Diodes (NASDAQ:DIOD) announced 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 net margin of 4.72% and a return on equity of 3.90%. Diodes updated its Q1 2025 guidance to EPS.

Diodes Stock Down 4.4 %

Shares of Diodes stock 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. Diodes has a twelve month low of $50.64 and a twelve month high of $86.74. The company has a market cap of $2.36 billion, a price-to-earnings ratio of 38.62 and a beta of 1.31. The company’s 50 day moving average is $61.13 and its 200 day moving average is $62.74.

Wall Street Analyst Weigh In

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

Insiders Place Their Bets

In other news, President Gary Yu sold 2,900 shares of Diodes stock in a transaction on Tuesday, February 4th. The shares were sold at an average price of $56.04, for a total transaction of $162,516.00. Following the transaction, the president now owns 79,697 shares in the company, valued at $4,466,219.88. This trade represents a 3.51 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CFO Brett R. Whitmire sold 830 shares of the business’s stock in a transaction on Tuesday, February 4th. The shares were sold at an average price of $56.04, for a total transaction of $46,513.20. Following the sale, the chief financial officer now directly owns 51,525 shares of the company’s stock, valued at approximately $2,887,461. The trade was a 1.59 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 4,680 shares of company stock valued at $262,267. Company insiders own 2.30% of the company’s stock.

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.