Diodes Incorporated (NASDAQ:DIOD) is set to announce its earnings results after the market closes on Tuesday, November 7th. Analysts expect the company to announce earnings of $0.45 per share for the quarter.

Diodes (NASDAQ:DIOD) last released its earnings results on Tuesday, August 8th. The semiconductor company reported $0.36 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.36. The company had revenue of $264.20 million for the quarter, compared to the consensus estimate of $261.15 million. Diodes had a net margin of 2.68% and a return on equity of 5.64%. The company’s revenue was up 11.8% compared to the same quarter last year. During the same period in the prior year, the company posted $0.20 EPS. On average, analysts expect Diodes to post $1.4 EPS for the current fiscal year and $1.8 EPS for the next fiscal year.

Shares of Diodes Incorporated (NASDAQ:DIOD) opened at 33.72 on Tuesday. The firm has a market capitalization of $1.65 billion, a P/E ratio of 63.86 and a beta of 1.26. Diodes Incorporated has a 12 month low of $20.01 and a 12 month high of $35.28. The company has a 50 day moving average of $30.85 and a 200-day moving average of $26.99.

Several analysts recently commented on DIOD shares. BidaskClub cut Diodes from a “hold” rating to a “sell” rating in a report on Wednesday, July 5th. Zacks Investment Research cut Diodes from a “strong-buy” rating to a “hold” rating in a report on Tuesday, July 11th. Cleveland Research cut Diodes from a “buy” rating to a “neutral” rating in a report on Thursday, July 20th. Sidoti started coverage on Diodes in a report on Thursday, September 21st. They issued a “neutral” rating and a $32.00 target price on the stock. Finally, Robert W. Baird reiterated a “buy” rating and issued a $37.00 target price on shares of Diodes in a report on Tuesday, October 17th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average price target of $35.67.

In other Diodes news, major shareholder Semiconductor Corp Lite-On sold 116,209 shares of the business’s stock in a transaction that occurred on Wednesday, August 16th. The stock was sold at an average price of $26.95, for a total value of $3,131,832.55. Following the transaction, the insider now directly owns 8,045,778 shares of the company’s stock, valued at $216,833,717.10. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director C H. Chen sold 30,000 shares of the business’s stock in a transaction that occurred on Friday, September 1st. The shares were sold at an average price of $28.25, for a total value of $847,500.00. Following the completion of the transaction, the director now directly owns 509,979 shares in the company, valued at $14,406,906.75. The disclosure for this sale can be found here. Insiders sold 639,852 shares of company stock worth $18,535,405 over the last quarter. 7.00% of the stock is currently owned by company insiders.

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About Diodes

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.

Earnings History for Diodes (NASDAQ:DIOD)

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