Headlines about Diodes (NASDAQ:DIOD) have trended somewhat positive on Thursday, according to Accern Sentiment Analysis. The research firm identifies positive and negative media coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Diodes earned a media sentiment score of 0.08 on Accern’s scale. Accern also assigned news coverage about the semiconductor company an impact score of 46.7363089012515 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
These are some of the news articles that may have effected Accern’s analysis:
- Laser Diode Market Volume Analysis, Segments, Value Share and Key Trends 2017 – 2025 (emailwire.com)
- A New Three-Phase Half Bridge Gate Driver from Diodes Inc. (allaboutcircuits.com)
- Insider Selling: Diodes Incorporated (DIOD) SVP Sells 10,000 Shares of Stock (americanbankingnews.com)
- TVS Diodes: World Markets, Technologies & Opportunities: 2017-2022 (prnewswire.com)
- ETFs with exposure to Diodes, Inc. : December 5, 2017 (finance.yahoo.com)
Diodes (NASDAQ DIOD) opened at $28.35 on Thursday. The company has a debt-to-equity ratio of 0.34, a quick ratio of 2.18 and a current ratio of 3.12. Diodes has a 1-year low of $22.06 and a 1-year high of $35.36. The firm has a market cap of $1,399.72, a price-to-earnings ratio of 25.76 and a beta of 1.15.
Diodes (NASDAQ:DIOD) last released its quarterly earnings data on Tuesday, November 7th. The semiconductor company reported $0.45 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.44 by $0.01. Diodes had a net margin of 2.96% and a return on equity of 6.44%. The firm had revenue of $285.20 million for the quarter, compared to the consensus estimate of $281.66 million. During the same quarter in the prior year, the company posted $0.30 earnings per share. The business’s revenue was up 13.8% on a year-over-year basis. equities analysts forecast that Diodes will post 1.35 EPS for the current year.
A number of research analysts recently issued reports on DIOD shares. Zacks Investment Research upgraded shares of Diodes from a “hold” rating to a “buy” rating and set a $30.00 target price on the stock in a research report on Friday, August 11th. Sidoti initiated coverage on shares of Diodes in a report on Thursday, September 21st. They set a “neutral” rating and a $32.00 price objective on the stock. Benchmark downgraded shares of Diodes from a “buy” rating to a “hold” rating in a report on Monday, October 30th. ValuEngine downgraded shares of Diodes from a “buy” rating to a “hold” rating in a report on Wednesday, November 15th. Finally, Robert W. Baird restated a “buy” rating and set a $37.00 price objective on shares of Diodes in a report on Tuesday, October 17th. Two research analysts have rated the stock with a sell rating, four have assigned a hold rating, one has issued a buy rating and one has given a strong buy rating to the stock. Diodes has an average rating of “Hold” and a consensus target price of $35.67.
In other news, VP Francis Tang sold 3,800 shares of the stock in a transaction dated Wednesday, September 27th. The shares were sold at an average price of $29.67, for a total value of $112,746.00. Following the completion of the sale, the vice president now owns 66,072 shares in the company, valued at $1,960,356.24. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO Keh Shew Lu sold 69,084 shares of the stock in a transaction dated Tuesday, October 3rd. The shares were sold at an average price of $30.30, for a total transaction of $2,093,245.20. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 477,486 shares of company stock worth $14,707,920. Corporate insiders own 7.00% of the company’s stock.
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.
Receive News & Ratings for Diodes Incorporated Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Diodes Incorporated and related companies with MarketBeat.com's FREE daily email newsletter.