With 1.18 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.58 million shares. The 52-week range on DIOD shows that it touched its highest point at $86.74 and its lowest point at $32.93 during that stretch. It currently has a 1-year price target of $52.67. Beta for the stock currently stands at 1.39.
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 up-trending over the past week, with a rise of 9.01%, but this was up by 13.21% over a month. Three-month performance dropped to -18.99% while six-month performance fell -26.81%. The stock lost -41.51% in the past year, while it has lost -27.44% so far this year. A look at the trailing 12-month EPS for DIOD yields 0.55 with Next year EPS estimates of 2.15. For the next quarter, that number is 0.28. This implies an EPS growth rate of -8.02% for this year and 78.42% for next year.
Float and Shares Shorts:
At present, 46.40 million DIOD shares are outstanding with a float of 44.79 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 $1.44558 being high and $1.3691 being low. For DIOD, this leads to a yearly average estimate of $1.4075.
