Analyst Ratings for Diodes Inc. (DIOD)

Updated: 2017-07-27

Shares of Diodes Inc. (NASDAQ:DIOD) have received a consensus rating of Overweight from Wall Street analysts. DIOD had previously received a consensus rating of Hold a month ago.

A buy rating was issued by 1 analysts, 1 gave an overweight rating, 2 gave a hold rating, 0 gave an underweight rating, and 0 gave a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has decreased by 1. Meanwhile, the number of analysts pessimistic about the company has decreased by 1.

DIOD was given price targets by several analysts. The highest price target was 31, implying potential capital gains of 16.15 percent. The lowest price target was 30, implying potential capital losses of 12.4 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is 41.23 percent. Over the past 30 days, FY earnings estimates have also changed downwards by -0.83 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 22.13 percent.

People are often interested in whether analysts were united in the direction of their revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts revised their estimates downwards. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 0 analysts decreased their estimates.

DIOD has an estimated earnings growth rate of 227.92 percent as forecasted by analysts. Another measure frequently examined by investors is the PEG ratio. A lower PEG ratio is favorable, because people typically see that as an indicator of higher growth relative to stock price. Many investors consider PEG ratios between 0 and 1 as preferrable, but many choose to perform ratio comparisons with other companies in the industry. DIOD has a PEG ratio of 0.31.

DIOD has traded between a high of 27.50 and a low of 17.83 over the past year. The current market price is above the trailing year's low by 49.69 percent, and 2.95 percent lower than its 52-week high. DIOD has a P/E ratio of 70.24. Investors typically compare the P/E ratio to a company's peers in the industry. The DIOD value stock report compares DIOD to some of its peers using value stock charts. The market cap of DIOD is $1.29 billion. DIOD is estimated to release their earnings results for the quarter on 0000-00-00, days from today.