News articles about Diodes (NASDAQ:DIOD) have trended somewhat positive recently, Accern Sentiment Analysis reports. The research firm identifies positive and negative media coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Diodes earned a news sentiment score of 0.15 on Accern’s scale. Accern also gave media stories about the semiconductor company an impact score of 46.3926467485258 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
These are some of the media stories that may have effected Accern Sentiment’s analysis:
A number of brokerages recently commented on DIOD. Benchmark cut Diodes from a “buy” rating to a “hold” rating in a research report on Monday, October 30th. Robert W. Baird restated a “buy” rating and issued a $37.00 price target on shares of Diodes in a research report on Tuesday, October 17th. Zacks Investment Research upgraded Diodes from a “hold” rating to a “strong-buy” rating and set a $38.00 price target on the stock in a research report on Tuesday, October 17th. ValuEngine cut Diodes from a “buy” rating to a “hold” rating in a research report on Wednesday, November 15th. Finally, BidaskClub cut Diodes from a “hold” rating to a “sell” rating in a research report on Thursday. Two analysts have rated the stock with a sell rating, four have issued a hold rating and two have issued a buy rating to the stock. Diodes currently has an average rating of “Hold” and an average target price of $37.00.
Diodes (DIOD) traded up $0.32 during trading hours on Friday, reaching $29.92. The company had a trading volume of 201,716 shares, compared to its average volume of 348,170. The firm has a market capitalization of $1,470.00, a price-to-earnings ratio of 49.87 and a beta of 1.17. The company has a quick ratio of 2.18, a current ratio of 3.12 and a debt-to-equity ratio of 0.34. Diodes has a fifty-two week low of $22.06 and a fifty-two week high of $35.36.
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, beating the consensus estimate of $0.44 by $0.01. The business had revenue of $285.20 million for the quarter, compared to analyst estimates of $281.66 million. Diodes had a return on equity of 6.44% and a net margin of 2.96%. Diodes’s revenue was up 13.8% compared to the same quarter last year. During the same period last year, the firm posted $0.30 earnings per share. sell-side analysts anticipate that Diodes will post 1.35 EPS for the current fiscal year.
In other news, SVP Mark A. King sold 10,169 shares of Diodes stock in a transaction dated Monday, November 13th. The stock was sold at an average price of $31.80, for a total transaction of $323,374.20. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, major shareholder Semiconductor Corp Lite-On sold 28,734 shares of Diodes stock in a transaction dated Monday, November 27th. The shares were sold at an average price of $31.35, for a total value of $900,810.90. Following the sale, the insider now directly owns 7,791,759 shares in the company, valued at $244,271,644.65. The disclosure for this sale can be found here. Insiders sold 141,071 shares of company stock worth $4,429,570 over the last ninety days. 7.00% of the stock is currently owned by insiders.
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Diodes Company Profile
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.
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