Diodes Incorporated (DIOD) designs, manufactures, and supplies application-specific standard products in the discrete, logic, and analog and mixed-signal semiconductor markets worldwide.
It primarily focuses on low pin count semiconductor devices with one or more active and/or passive components.
The company offers discrete semiconductor products, such as MOSFET, TVS, and performance Schottky rectifiers; GPP bridges and retifiers performance Schottky diodes; Zener and performance Zener diodes, including tight tolerance and low operating current type; standard, fast, super-fast, and ultra-fast recovery rectifiers; bridge rectifiers; switching diodes; small signal bipolar and prebiased transistors; other MOSFETs; thyristor surge protection devices; and transient voltage suppressors.
It also provides analog products comprising power management devices consisting of AC-DC and DC-DC converters, USB power switches, and low dropout and linear voltage regulators; linear devices, such as operational amplifiers and comparators, current monitors, voltage references, and reset generators; LED lighting drivers; audio amplifiers; and sensor products, including hall-effect sensors and motor drivers.
The company offers mixed-signal products, such as high speed mux/demux products, digital switches, interfaces, redelivers, clock ICs, and packet switches; standard logic products comprising low-voltage complementary metal oxide semiconductor (CMOS) and high-speed CMOS devices; ultra-low power CMOS logic products and analog switches; multichip products and co-packaged discrete, analog, and mixed-signal silicon in miniature packages; silicon and silicon epitaxial wafers; and crystals and oscillators.
It sells its products to the consumer electronics, computing, communications, industrial, and automotive markets through direct sales and marketing personnel, independent sales representatives, and distributors.
Diodes reported 3rd Quarter September 2021 earnings of $1.47 per share on revenue of $471.4 million. The consensus earnings estimate was $1.38 per share on revenue of $467.3 million. Revenue grew 52.3% on a year-over-year basis.
The company said it expects fourth quarter revenue of $461.7 million to $490.3 million. The current consensus revenue estimate is $456.15 million for the quarter ending December 31, 2021.
The company has announced that they are to participate in the Raymond James Technology Investor Conference on December 8, 2021, which should seek support and interest from future prospective investors. As shares have increased by 50.7% year-to-date and the stock's earnings reports have consistently increased over the past four quarters, this stock should see an increase in share prices.
Entry Point: $108.00
Stop Loss: $102.60
Trading Range: $65.89 - $113.98
Target Price: $118.00
DIOD closed at $111