Diodes (DIOD) Set to Announce Earnings on Thursday
Diodes (NASDAQ:DIOD) is scheduled to release its Q114 earnings data on Thursday, May 8th. Analysts expect Diodes to post earnings of $0.23 per share and revenue of $208.73 million for the quarter. Persons that are interested in registering for the company’s earnings conference call can do so using this link.
Diodes (NASDAQ:DIOD) last released its earnings data on Tuesday, February 11th. The company reported $0.24 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.21 by $0.03. The company had revenue of $211.00 million for the quarter, compared to the consensus estimate of $212.46 million. During the same quarter in the prior year, the company posted $0.13 earnings per share. The company’s quarterly revenue was up 29.2% on a year-over-year basis. On average, analysts expect Diodes to post $1.48 EPS for the current fiscal year and $1.90 EPS for the next fiscal year.
Diodes (NASDAQ:DIOD) opened at 26.46 on Wednesday. Diodes has a 52-week low of $19.26 and a 52-week high of $28.73. The stock’s 50-day moving average is $26.48 and its 200-day moving average is $23.83. The company has a market cap of $1.236 billion and a P/E ratio of 47.18.
Several analysts have recently commented on the stock. Analysts at Longbow Research reiterated a “buy” rating on shares of Diodes in a research note on Tuesday, April 15th. They now have a $30.00 price target on the stock. Analysts at Topeka Capital Markets raised their price target on shares of Diodes from $25.00 to $30.00 in a research note on Thursday, February 13th. Five research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $27.47.
Diodes Incorporated is a global manufacturer and supplier of application specific standard products within the discrete, logic and analog semiconductor markets, serving the consumer electronics, computing, communications, industrial and automotive markets.
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