With 1.25 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.46 million shares. The 52-week range on DIOD shows that it touched its highest point at $86.74 and its lowest point at $45.98 during that stretch. It currently has a 1-year price target of $63.33. Beta for the stock currently stands at 1.40.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of DIOD was down-trending over the past week, with a drop of -5.70%, but this was down by -17.67% over a month. Three-month performance dropped to -22.86% while six-month performance fell -25.73%. The stock lost -35.89% in the past year, while it has lost -26.25% so far this year. A look at the trailing 12-month EPS for DIOD yields 0.95 with Next year EPS estimates of 2.98. For the next quarter, that number is 0.15. This implies an EPS growth rate of 15.08% for this year and 97.68% for next year.
Float and Shares Shorts:
At present, 46.33 million DIOD shares are outstanding with a float of 44.73 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for DIOD since 1 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $1.45967 being high and $1.37337 being low. For DIOD, this leads to a yearly average estimate of $1.4075. Based on analyst estimates, the high estimate for the next quarter is $0.41 and the low estimate is $0.26. The average estimate for the next quarter is thus $0.33.
