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.

Many analysts weighed in on price targets for DIOD. The most optimistic price target was 31, implying a possible profit of 16.15 percent. The lowest price target was 30, which equates to a potential downside of 12.4 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.

Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. The average change in earnings estimates over the last 90 days is 41.23 percent. On the other hand, earnings estimates for the fiscal year have been revised downwards by -0.83 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of 22.13 percent in FY estimates.

People are often interested in whether analysts were united in the direction of their revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, which can be compared to the 0 analysts that decreased their estimates. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts made negative revisions to their fiscal year's estimates.

DIOD has an estimated earnings growth rate of 227.92 percent as forecasted by analysts. People on Wall Street often look at a company's PEG ratio. Investors like to see smaller values for the PEG ratio, because that is often interpreted as the company being fairly priced relative to its growth rate. Wall Street investors typically prefer a PEG ratio to be smaller than 1, though it could be better to see where the ratio stands relative to peers in the industry. The PEG ratio of DIOD is 0.31.

In the trailing 52-weeks, DIOD hit 27.50 at the highest peak, while it's lowest trading point was 17.83. Currently the stock is 49.69 percent higher than its low, and below the high by 2.95 percent. DIOD has a price/earnings 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 stock has a market capitalization of $1.29 billion. DIOD's next earnings release will be on 0000-00-00, which is days away.