Published: Fri, February 17, 2017
Research | By Jo Caldwell

Himax Technologies (ADR) (HIMX) is Upgraded by Nomura to " Buy"


This rating was issued on 2/07/17.

When it comes to the Analysis of a Stock, Price Target plays a vital role. For the current year Himax Technologies, Inc.

Growth Estimate for Himax Technologies, Inc.

"Himax Technologies, Inc. (HIMX) Upgraded to Buy by Nomura" was reported by BBNS and is owned by of BBNS. (NASDAQ:HIMX) to Neutral with no specific Price Target on 1/30/17. Himax Technologies (ADR) was Downgraded by ROTH Capital to " Neutral" on Jan 11, 2017.

Himax Technologies (NDAQ:HIMX) traded up 6.12% during midday trading on Thursday, hitting $6.76. (NASDAQ:HIMX) reported Q4 earnings of $0.12, beating consensus estimates of $0.1. Himax Technologies has a 1-year low of $4.88 and a 1-year high of $12.00.

Plug Power Inc. (NASDAQ:PLUG) is expected to report revenue of $29.8 Million for the current quarter, according to consensus estimate of 3 analysts. Relative volume is ratio between current volume and 3-month average value, intraday adjusted. This recommendation lands on a scale between 1 and 5. Additionally Morgan Stanley issued their verdict on the stock of the company, on record date of Feb-06-17 the stock was "Downgraded" from Equal-Weight to Underweight besides that on Jan-30-17 Himax Technologies, Inc.

We can also take a look at some company earnings per share or EPS information.

Price Target Update: A price target is the projected price level of a financial security stated by an investment analyst or advisor. Currently, the stock is -10.74% from its 50-Day High and 41.39% from the 50-day low. The growth estimate for the next five years is 25 percent (per annum). Thus the company showed an Earnings Surprise of 20 Percent. The firm has a market cap of $1.16 billion and a P/E ratio of 22.68. The stock traded with the volume of 13.97 Million shares in the last trading session. The price target estimates represents a standard deviation of 3.16. The price moves in Himax Technologies, Inc. post earnings have produced an average decrease of -0.69% and an average increase of 2.48% on next day and seventh day, sequentially.

Himax Technologies, Inc. (ADR) (NASDAQ:HIMX) is expected to release the earnings of its current quarter on 2/16/17 Before Market Open. The Return on Investment (ROI) is at 3.1% while it's Return on Equity (ROE) value stands at 8.2%. For the quarter ending Jun-17, 5 analysts have a mean sales target of 192.54 million whilst for the year ending Dec-17, 10 analysts have a mean target of 782.76 million. Fidelity Management and Research Company is the second biggest holder with 7 million shares now valued at 59.85 million whilst Prince Street Capital Management LLC has 6 million shares valued at 49.43 million. The Relative Volume value measured for Himax Technologies, Inc.

Like this: