Diodes (DIOD) Earns Daily News Sentiment Score of 0.05

News articles about Diodes (NASDAQ:DIOD) have been trending somewhat positive recently, Accern Sentiment reports. The research firm rates the sentiment of news coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Diodes earned a daily sentiment score of 0.05 on Accern’s scale. Accern also gave media stories about the semiconductor company an impact score of 47.0176583020032 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.

Here are some of the media stories that may have impacted Accern Sentiment’s rankings:

Shares of Diodes (NASDAQ:DIOD) opened at $29.49 on Wednesday. Diodes has a 12-month low of $22.06 and a 12-month high of $35.36. The company has a debt-to-equity ratio of 0.34, a quick ratio of 2.18 and a current ratio of 3.12. The company has a market capitalization of $1,450.00, a PE ratio of 49.15 and a beta of 1.17.

Diodes (NASDAQ:DIOD) last posted its earnings results on Tuesday, November 7th. The semiconductor company reported $0.45 EPS for the quarter, beating the Zacks’ consensus estimate of $0.44 by $0.01. Diodes had a return on equity of 6.44% and a net margin of 2.96%. The firm had revenue of $285.20 million for the quarter, compared to analysts’ expectations of $281.66 million. During the same period last year, the firm earned $0.30 EPS. The company’s quarterly revenue was up 13.8% on a year-over-year basis. analysts predict that Diodes will post 1.35 earnings per share for the current fiscal year.

Several equities research analysts have weighed in on DIOD shares. Robert W. Baird reaffirmed a “buy” rating and set a $37.00 price target on shares of Diodes in a research report on Tuesday, October 17th. Sidoti raised Diodes from a “neutral” rating to a “buy” rating and set a $36.00 price target on the stock in a research report on Thursday, December 14th. They noted that the move was a valuation call. Zacks Investment Research upgraded Diodes from a “sell” rating to a “hold” rating in a research report on Tuesday, January 2nd. BidaskClub upgraded Diodes from a “sell” rating to a “hold” rating in a research report on Tuesday, December 19th. Finally, ValuEngine cut Diodes from a “buy” rating to a “hold” rating in a research report on Wednesday, November 15th. One analyst has rated the stock with a sell rating, five have issued a hold rating and two have issued a buy rating to the stock. Diodes has a consensus rating of “Hold” and a consensus price target of $37.00.

In related news, major shareholder Semiconductor Corp Lite-On sold 7,247 shares of the firm’s stock in a transaction dated Thursday, November 30th. The shares were sold at an average price of $30.36, for a total value of $220,018.92. Following the transaction, the insider now directly owns 7,772,425 shares of the company’s stock, valued at approximately $235,970,823. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, SVP Mark A. King sold 10,000 shares of the firm’s stock in a transaction dated Friday, November 10th. The shares were sold at an average price of $31.79, for a total transaction of $317,900.00. Following the completion of the transaction, the senior vice president now directly owns 69,888 shares in the company, valued at $2,221,739.52. The disclosure for this sale can be found here. Insiders have sold a total of 161,071 shares of company stock worth $5,074,570 over the last 90 days. Insiders own 7.00% of the company’s stock.

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Diodes Company Profile

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.

Insider Buying and Selling by Quarter for Diodes (NASDAQ:DIOD)

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