Himax Technologies, Inc. (NASDAQ:HIMX) Shows Long Term Growth Rate of 0.25

Josh Kim
February 7, 2017

Shares of Himax Technologies, Inc.

Price Target plays a critical role when it comes to the Analysis of a Stock. To assess the movement of stock we should look over what analysts have to say about the stock current performance. The consensus 12-month price target from analysts covering the stock is $6.97. The stock climbed 9.1% the day following the earnings announcement, and on 7th day price change was 20.79%. The company's Relative strength index is 28.35. The company has dropped -31.95% in past 3 months and in the last five trades has moved down -3.14%. The Short Ratio for the stock is 3.1. It has beaten earnings-per-share estimates 16% of the time in its last 12 earnings reports. Investors should watch out for further signals and trade with caution. Following Earnings result, share price were UP 14 times out of last 27 Qtrs.

Shares of Michael Kors Holdings Ltd (NYSE:KORS) inclined 0.63% to $41.28. Analyst had a consensus of $0.11. The company has a 1 Year high price target of $6.97. The difference between Actual EPS and Estimated EPS was 0.02 Percent.

Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Himax Technologies (ADR) was Downgraded by Robert W. Baird on Jan 30, 2017 to Neutral, Lowers Price Target to $ 4 from a previous price target of $10.Himax Technologies (ADR) was Downgraded by Credit Suisse to Neutral on Jan 18, 2017.

01/09/2017 - Himax Technologies, Inc. was downgraded to " by analysts at Northland Securities.

Qorvo, Inc. (NASDAQ:QRVO) [Trend Analysis] tries to capture market sentiments, shares increased 0.96% to $63.96. The average stock price target is $10.52 with 1 brokerage rating the stock a strong buy, 7 brokerages rating the stock a buy, 3 brokerages rating the stock a hold, 1 brokerage rating the stock a underperform, and finally 0 brokerages rating the stock a sell.

HIMX stock's price is now -56.55% down from its 52-week high and +2.80% up from its 52-week low. The company has a market cap of $901.30M.

Given its history, the average earnings announcement surprise was 23.57 percent over the past four quarters. (NASDAQ:HIMX) is projected at 125 percent in the Current Quarter and -50 percent in the Next Quarter, according to analysts.

Himax Technologies, Inc. (NASDAQ:HIMX) is now showing its ROA (Return on Assets) of 4.5%. The Companys principal products are display drivers for large-sized TFT-LCD panels, which are used in desktop monitors, notebook computers and televisions, and display drivers for small- and medium-sized TFT-LCD panels, which are used in mobile handsets and consumer electronics products such as digital cameras, mobile gaming devices and auto navigation displays. 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.

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