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 analyst gave a price target of 31, implying a possible profit of 16.15 percent. The minimum price target given was 30, implying a possible loss 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. Meanwhile, fiscal year estimates have been revised downwards by -0.83 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of 22.13 percent in FY estimates.

Another thing investors often look at is the level of agreement among analysts' revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts revised their estimates downwards. Also over the last month, 0 analysts increased their estimates for the FY earnings, compared to 0 analysts that revised their FY estimates downwards.

Analysts estimate earnings of DIOD to grow at a rate of 227.92 percent. The PEG ratio of a stock is another value frequently studied by investors. A lower PEG ratio is favorable, because that is often interpreted as the company being fairly priced relative to its growth rate. People often look for the PEG ratio to be under 1, 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. Currently the stock is 49.69 percent higher than its low, and 2.95 percent below the high. 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 market cap of DIOD is $1.29 billion. DIOD will post this quarters earnings in days, on 0000-00-00.