Analyst Research

Analytical Report on Rating and Recommendation: Himax Technologies, Inc. (ADR) (NASDAQ:HIMX)

Himax Technologies, Inc. (ADR) (NASDAQ:HIMX) fell -0.16% during previous trade. Craig Hallum issued rating on the stock of Himax Technologies, Inc. (ADR) (NASDAQ:HIMX) in a research note issued to investors on Jan-10-17, the stock received “Downgrade” rating from Buy to Hold from $10 to $7. Additionally Morgan Stanley issued their verdict on the stock of the company, on record date of Nov-07-16 the stock was “Downgraded” from Overweight to Equal-Weight besides that on Sep-29-16 Himax Technologies, Inc. (ADR) (NASDAQ:HIMX) was “Initiated” by ROTH Capital as Buy. Furthermore on Sep-26-16 the stock was “Downgraded” by Nomura from Buy to Neutral.

Himax Technologies, Inc. (ADR) (NASDAQ:HIMX) shares ended last trading session at the price of $6.07 whereas a number of traders indicating mean target price will hit $8.54 over the next twelve months, mean value of price target most recently revised on 01/09/17. Himax Technologies, Inc. (ADR) (NASDAQ:HIMX)’s highest estimates of price target are $12 and low forecast is $6 based on the opinion of 10 analysts. The price target estimates represents a standard deviation of 1.87. However brokerage recommendations suggests an ABR of 2.00 based on calls of 10 experts, where 5 brokers polls the stock a Strong Buy, 0 suggest the stock a Buy, 5 suggest Hold, 0 are rating the stock as Sell while 0 as Strong Sell.

Himax Technologies, Inc. (ADR) (NASDAQ:HIMX) is expected to release the earnings of its current quarter on 2/2/17. The company is expected to release $0.1 EPS for current quarter according to 9 analysts whereas the company reported $0.04 EPS during same quarter a year ago. For the current quarter the stock has lowest EPS estimates of $0.08 and high estimate of $0.1. For the current year Himax Technologies, Inc. (ADR) (NASDAQ:HIMX) has set to release EPS of $0.4 as per the sentiments of 10 analysts, however according to 10 analysts, the company expected to release $0.38 EPS for next year.

Himax Technologies, Inc. (ADR) (NASDAQ:HIMX)’s average revenue estimates for the current quarter are $203.21M according to 8 number of analysts. However its lowest revenue estimates are $200.9M and highest revenue estimates are $205M. A year ago the company’s sales were $177.98M. Its yearly sales growth estimates are 14.20%. For the next quarter the company has anticipated average revenues of $187.69M, according to the sentiments of 7 analysts. For the current year the company has fixed $802.37M revenues, as per the opinion of 12 analysts. For the current year the company has low revenue estimates of $799.33M in contradiction of high revenue estimates of $804.9M. Whereas for the next year revenues are set at $818.96M by 12 analysts.

The stock exchanged hands 7.12M shares versus average trading capacity of 4.01M shares, while its shares’ total market worth is $1.05B along with 343.82M outstanding shares. Himax Technologies, Inc. (ADR) (NASDAQ:HIMX) shares were trading -48.69% below from the 52-week high price mark of $11.83 and +3.76% above from the 52-week price bottom of $5.85. However the company observed 52 week high price on 03/30/16 and witnessed 52 week low price on 12/21/16. The company’s price sits -14.20% below from its 50-day moving average of $6.70 and -31.49% away from the stock’s 200-day moving average which is $8.20. Himax Technologies, Inc. (ADR) (NASDAQ:HIMX)’s price to sales ratio for trailing twelve month stands at 1.50, whereas its price to book ratio for most recent quarter sits at 1.16. However the company’s price to cash per share for most recent quarter stands at 6.07. Its price to free cash flow for trailing twelve months is 16.86.

Previous ArticleNext Article

Leave a Reply

Your email address will not be published. Required fields are marked *

0 Shares
Share
Tweet
Share
Pin
Stumble
+1