In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
Diodes, Inc (NASDAQ: DIOD) closed the day trading at $57.47 up 1.32% from the previous closing price of $56.72. In other words, the price has increased by $1.32 from its previous closing price. On the day, 0.18 million shares were traded. DIOD stock price reached its highest trading level at $57.96 during the session, while it also had its lowest trading level at $56.79.
Ratios:
For a better understanding of DIOD, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 7.64 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 19.22. For the most recent quarter (mrq), Quick Ratio is recorded 2.11 and its Current Ratio is at 3.43. In the meantime, Its Debt-to-Equity ratio is 0.05 whereas as Long-Term Debt/Eq ratio is at 0.03.
On February 07, 2024, TD Cowen reiterated its Outperform rating and also lowered its target price recommendation from $72 to $85.
Truist Downgraded its Buy to Hold on January 05, 2024, whereas the target price for the stock was revised from $72 to $78.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Feb 04 ’25 when Yang Emily sold 950 shares for $56.04 per share. The transaction valued at 53,238 led to the insider holds 65,107 shares of the business.
Yu Gary sold 2,900 shares of DIOD for $162,516 on Feb 04 ’25. The President now owns 79,697 shares after completing the transaction at $56.04 per share. On Feb 04 ’25, another insider, Whitmire Brett R, who serves as the CFO of the company, sold 830 shares for $56.04 each. As a result, the insider received 46,513 and left with 51,525 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, DIOD now has a Market Capitalization of 2666688512 and an Enterprise Value of 2271333888. As of this moment, Diodes,’s Price-to-Earnings (P/E) ratio for their current fiscal year is 104.38, and their Forward P/E ratio for the next fiscal year is 27.73. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.99 while its Price-to-Book (P/B) ratio in mrq is 1.48. Its current Enterprise Value per Revenue stands at 1.693 whereas that against EBITDA is 12.423.
Stock Price History:
The Beta on a monthly basis for DIOD is 1.48, which has changed by -0.21220016 over the last 52 weeks, in comparison to a change of 0.12792087 over the same period for the S&P500. Over the past 52 weeks, DIOD has reached a high of $86.74, while it has fallen to a 52-week low of $32.93. The 50-Day Moving Average of the stock is 22.57%, while the 200-Day Moving Average is calculated to be 6.51%.
Shares Statistics:
Over the past 3-months, DIOD traded about 546.58K shares per day on average, while over the past 10 days, DIOD traded about 652200 shares per day. A total of 46.40M shares are outstanding, with a floating share count of 44.79M. Insiders hold about 3.47% of the company’s shares, while institutions hold 99.99% stake in the company. Shares short for DIOD as of 1749772800 were 1690309 with a Short Ratio of 3.09, compared to 1747267200 on 2297952. Therefore, it implies a Short% of Shares Outstanding of 1690309 and a Short% of Float of 6.3.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
