News articles about Himax Technologies (NASDAQ:HIMX) have been trending somewhat positive this week, Accern reports. The research group identifies positive and negative press coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Himax Technologies earned a media sentiment score of 0.03 on Accern’s scale. Accern also assigned media headlines about the semiconductor company an impact score of 46.4619727613909 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
Here are some of the media headlines that may have impacted Accern Sentiment’s rankings:
- Himax Technologies (HIMX) Given “Neutral” Rating at Roth Capital (americanbankingnews.com)
- Most Recent Figure Make This Stock Even More Attractive – Himax Technologies Inc (NASDAQ: HIMX) – Stocks Pen (stockspen.com)
- Himax Technologies, Inc. (HIMX) Receives Consensus Rating of “Hold” from Brokerages (americanbankingnews.com)
- Himax Technologies, Inc. (HIMX) : Analysts Watch-List Stock – Wall Street Morning (wallstreetmorning.com)
- Himax: Long-Term Perspectives Don’t Look Promising – Seeking Alpha (seekingalpha.com)
Several brokerages have recently weighed in on HIMX. Vetr upgraded shares of Himax Technologies from a “strong sell” rating to a “strong-buy” rating and set a $14.98 price objective for the company in a research report on Tuesday, November 28th. Credit Suisse Group set a $15.00 price objective on shares of Himax Technologies and gave the stock a “buy” rating in a research report on Thursday, January 11th. BidaskClub downgraded shares of Himax Technologies from a “buy” rating to a “hold” rating in a research report on Tuesday, January 16th. Morgan Stanley downgraded shares of Himax Technologies from an “overweight” rating to an “equal weight” rating and set a $12.00 price objective for the company. in a research report on Monday, November 27th. Finally, Lake Street Capital set a $13.00 price objective on shares of Himax Technologies and gave the stock a “buy” rating in a research report on Thursday, December 28th. Five analysts have rated the stock with a sell rating, six have assigned a hold rating, six have assigned a buy rating and one has given a strong buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus target price of $10.79.
Shares of Himax Technologies (NASDAQ:HIMX) opened at $7.32 on Friday. Himax Technologies has a 12-month low of $6.40 and a 12-month high of $13.95. The company has a market cap of $1,249.47, a price-to-earnings ratio of 43.06, a P/E/G ratio of 2.56 and a beta of 0.52.
Himax Technologies (NASDAQ:HIMX) last released its quarterly earnings results on Tuesday, February 13th. The semiconductor company reported $0.14 EPS for the quarter, missing the consensus estimate of $0.15 by ($0.01). Himax Technologies had a net margin of 4.08% and a return on equity of 6.41%. The business had revenue of $181.10 million during the quarter, compared to analysts’ expectations of $184.30 million. During the same quarter last year, the company earned $0.03 EPS. The firm’s revenue for the quarter was down 11.0% compared to the same quarter last year. analysts expect that Himax Technologies will post 0.11 earnings per share for the current year.
Himax Technologies Company Profile
Himax Technologies, Inc is a fabless semiconductor solution provider. The Company is engaged in display driver integrated circuits (IC) and timing controllers used in televisions, laptops, monitors, mobile phones, tablets, digital cameras, car navigation and other consumer electronics devices. The Company operates through two segments: Driver IC and Non-driver products.
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