Factors to Note Before Buying Himax Technologies, Inc. (HIMX)

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4 have given the stock a Hold rating, 0 as Underperform and 0 as Sell. The stock has an average rating of Buy and an average target price of $9.14.

Several brokerages have recently weighed in on HIMX.

Earnings per share (EPS) breaks down the profitability of the company on a single share basis, and for Himax Technologies, Inc. the EPS stands at 0.03 for the previous quarter, while the analysts predicted the EPS of the stock to be 0.07, suggesting the stock fell short of the analysts' expectations. The business's quarterly revenue was up 14.3% compared to the same quarter a year ago. They now have a United States dollars 12 price target on the stock.

The share price of Himax Technologies, Inc.

Macquarie Initiated its coverage for Himax Technologies, Inc. (HIMX) in which Mizuho Upgrades Himax Technologies, Inc. If you are accessing this piece on another publication, it was copied illegally and republished in violation of USA & worldwide trademark & copyright legislation. If you are accessing this story on another site, it was copied illegally and republished in violation of global trademark and copyright law.

Himax Technologies, Inc. (HIMX) now has P/E (Price to Earnings) ratio of 16.24 while the company's industry has 28.43 P/E and the sector P/E is 19.8.

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The counter witnessed a trading volume of 0.3 million shares versus an average volume of 0.4 million shares during last trading session. According to these analysts, the Low Revenue Estimate for Himax Technologies, Inc.is 157 Million and the High Revenue Estimate is 168.6 Million. The stock has a market cap of $1.19 billion, a price-to-earnings ratio of 23.46 and a beta of 0.90. The stock's price moved down its 200-day moving average of $7.27.

Currently, the market capitalization of Himax Technologies, Inc. In addition, the Company designs and provides controllers for touch sensor displays, liquid crystal on silicon micro-displays used in palm-size projectors and head-mounted displays, light-emitting diode driver ICs, power management ICs, scaler products for monitors and projectors, video processing IC solutions and silicon IPs.

Himax Technologies (NASDAQ:HIMX) last released its quarterly earnings data on Thursday, February 16th. Sales growth past 5 years was measured at 4.90%. The firm earned $203.40 million during the quarter, compared to the consensus estimate of $202.60 million. Himax Technologies had a net margin of 6.77% and a return on equity of 11.71%.

For the upcoming quarter, initial predictions are anticipating that the company will post earnings of $0.06 per share according to consensus of 5 analysts. The target implies a 7.13% spike from where the shares are now trading. Fox Run Management L.L.C. acquired a new stake in Himax Technologies during the first quarter valued at approximately $148,000.

08/16/2016 - Himax Technologies, Inc. had its "hold" rating reiterated by analysts at Brean Capital. Creative Planning now owns 55,590 shares of the semiconductor company's stock valued at $507,000 after buying an additional 2,217 shares during the period. Prince Street Capital Management LLC raised its stake in shares of Himax Technologies by 91.3% in the third quarter. Tightening the gaze, stock performance for the last 5 trading days is -11.00%. JPMorgan Chase & Co. raised its stake in shares of Himax Technologies by 58.0% in the third quarter.

Price to Sale ratio of HIMX stands at 1.65 while Price to Book Ratio stands at 2.83. Craig Hallum reaffirmed a "buy" rating and issued a $14.00 target price (up from $11.00) on shares of Himax Technologies in a report on Tuesday, March 15th. Two Sigma Investments LP now owns 1,196,760 shares of the semiconductor company's stock valued at $7,228,000 after buying an additional 1,160,783 shares during the last quarter. Institutional investors and hedge funds own 38.30% of the company's stock.