Wells Fargo (NYSE:WFC) analyst Gary Mobley reiterated a Hold rating on Diodes (NASDAQ:DIOD) on Thursday, setting a price target of $100, which is approximately 1.08% below the present share price of $101.09.
Mobley expects Diodes to post earnings per share (EPS) of $1.52 for the fourth quarter of 2021.
The current consensus among 2 TipRanks analysts is for a Moderate Buy rating of shares in Diodes, with an average price target of $112.5.
The analysts price targets range from a high of $125 to a low of $100.
In its latest earnings report, released on 09/30/2021, the company reported a quarterly revenue of $471.42 million and a net profit of $77.25 million. The company's market cap is $4.55 billion.
According to TipRanks.com, Wells Fargo analyst Gary Mobley is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 24.2% and a 72.02% 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.