29 June, 2017
Lastly, ValuEngine cut shares of Himax Technologies from a "hold" recommendation to a "sell" recommendation in a analysis note on early Thur, May 18th.
Currently, the stock has a 1 Year Price Target of $8.26. Roth Capital downgraded the stock to "Neutral" rating in Wednesday, January 11 report. The rating was upgraded by Credit Suisse on Friday, August 28 to "Neutral". (HIMX) have 165.70 million outstanding shares now held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders. Macquarie assumed coverage on shares of Himax Technologies in a research report on Monday, April 17th. Oppenheimer Holdings, Inc. restated a "market perform" rating on shares of Himax Technologies in a research report on Monday, May 15th. Himax Technologies's revenue was down 13.9% on a year-over-year basis. If you are reading this article on another publication, it was illegally stolen and republished in violation of United States & global copyright and trademark law. The correct version of this story can be accessed at https://sportsperspectives.com/2017/06/27/himax-technologies-inc-himx-given-average-recommendation-of-hold-by-brokerages-updated.html.
Currently Himax Technologies (NASDAQ:HIMX)'s shares owned by insiders are 12.3%, whereas shares owned by institutional owners are 27.4%. The overall volume in the last trading session was 3.3 million shares.
Himax Technologies, Inc. (HIMX) has the market capitalization of $1.33 Billion. Northland Securities reissued an "outperform" recommendation and fixed a $10.00 target price on the stock of Himax Technologies in a study note published on Wed, Apr 26th. The stock has a 50 day moving average of $7.21 and a 200-day moving average of $7.06. The correct version of this article can be read at https://www.thestockobserver.com/2017/06/27/zacks-analysts-expect-himax-technologies-inc-himx-to-post-0-02-earnings-per-share-updated.html. The semiconductor company reported $0.01 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.02 by $0.01. The firm had revenue of $155.20 million during the quarter, compared to the consensus estimate of $162.26 million.
Investors of this company earned a return of 5.00% on the assets it owns in past twelve month. The business's revenue was down 13.9% compared to the same quarter a year ago. Its sales stood at 19.20% a year on average in the period of last five years. For the past 5 years, the stock's EPS growth has been almost -13.40%.
Hedge funds and other institutional investors have recently modified their holdings of the company. Creative Planning boosted its position in shares of Himax Technologies by 4.2% in the first quarter. (CYTX), we can see that the stock moved 12.62% for the last five trades. Bank of Montreal Can raised its stake in stocks of Himax Technologies by 339.2% in the Q1. Bank of Montreal Can now owns 220,113 shares of the semiconductor company's stock valued at $2,007,000 after buying an additional 170,000 shares in the last quarter. Four analysts have provided estimates for Himax Technologies' earnings.
Stocks of companies are of three types. The stock's quarterly performance specifies a shift of -14.63%, and its last twelve month performance is stands at -6.29% while moved 35.07% for the past six months.
Himax Technologies, Inc.is a fabless semiconductor solution provider. The Firm is engaged in display driver integrated circuits and timing controllers used in televisions, laptops, monitors, mobile phones, tablets, digital cameras, vehicle navigation and other consumer electronics devices. The Firm operates through two divisions: Driver IC and Non-driver products.
