Benchmark Co. analyst Ruben Roy maintained a Buy rating on Diodes (NASDAQ:DIOD) on Tuesday, setting a price target of $95, which is approximately 14.69% above the present share price of $82.83.
Roy expects Diodes to post earnings per share (EPS) of $0.60 for the first quarter of 2021.
The current consensus among 6 TipRanks analysts is for a Strong Buy rating of shares in Diodes, with an average price target of $93.
The analysts price targets range from a high of $101 to a low of $80.
In its latest earnings report, released on 12/31/2020, the company reported a quarterly revenue of $350.37 million and a net profit of $39.97 million. The company's market cap is $3.67 billion.
According to TipRanks.com, Benchmark Co. analyst Ruben Roy is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 21.4% and a 70.39% success rate.
Diodes, Inc. manufactures and supplies semiconductor products. It offers diodes, rectifiers, transistors, MOSFETs, protection devices, functional specific arrays, single gate, dual gate and standard logic, amplifiers and comparators, Hall-effect and temperature sensors. The firm operates through the following geographical segments: Asia, North America, and Europe. It also provides power management devices, including LED drivers, AC-DC and DC-DC switching, linear voltage regulators, and voltage references along with special function devices, such as USB power switches, load switches, voltage supervisors, and motor controllers. The company was founded on June 15, 1959 and is headquartered in Plano, TX.