Broker's Roundup on: Himax Technologies, Inc. (ADR) (NASDAQ:HIMX)

Marco Green
March 20, 2017

This rating was issued on 3/10/17. With the last stock price close up 12.97% from the two hundred day average, compared with the S&P 500 Index which has increased 0.04% over the date range. GBX 396.72's average target is 3407.69% above currents GBX 11.31 stock price. These analysts and investment firms use various valuation methods to decide a price target for a stock.

Among 2 analysts covering Himax Technologies (NDAQ:HIMX), 1 have Buy rating, 0 Sell and 1 Hold. Himax Technologies Inc now has $1.56B valuation. HSBC has "Buy" rating and GBX 470 target.

02/16/2017 - Himax Technologies, Inc. was upgraded to "outperform" by analysts at Northland Securities.

Consequently, investors looking to buy the stock should wait for the right time to initiate a position since the company's underwhelming expectations will likely pull down the price.

Considering the performance, Himax Technologies, Inc. They now have a Dollars 13.5 price target on the stock. Himax Technologies, Inc. (ADR) (NDAQ:HIMX) has risen 0.37% since August 10, 2016 and is uptrending. While some analysts have a High Price target for the stock of $10 and a Low Price Target of $7.

03/09/2017 - Himax Technologies, Inc. was upgraded to "buy" by analysts at Mizuho. (HIMX) where 0 analyst have rated the stock as Strong Buy, 0 analysts said it's a Buy, 0 rated the stock as Hold, 0 analysts reported Underperform and 0 analysts gave their recommendations as Sell. For trailing twelve months, EPS value for the stock is $2.69. Current ratio which is the relationship between current assets and current liabilities, indicating the liquidity of a business is calculated as 1.00.

During last one month it showed the change of 34.88%. The current share price indicate that stock is -20.25% away from its one year high and is moving 64.18% ahead of its 52-week low. It's also leading the charge in areas such as 8K TV and OLED TV, demand for which is going to increase as the new technologies are going to be implemented by the major electronics companies for the average consumers. According to their observations and findings, the stock could provide a high EPS of $0.09/share and a Low EPS of $0.03/share. After $0.03 actual EPS reported by Himax Technologies, Inc.

The company's stock now has 1.48 Billion in market capitalization. (HIMX) traded with the volume of 6.51 Million in the previous trading session. Prince Street Capital Management Llc sold 4.22 million shares as Himax Technologies Inc (HIMX)'s stock rose 14.84%.

Himax Technologies, Inc. has a 50 day moving average of 6.57 and a 200 day moving average of 7.51. The Moving Average SMA50 is 36.91% while SMA200 is 7.5%. A ROI of 3.10% for the company evaluates and compares the efficiency of the various numbers of investments relative to the cost of investments. From the technical point of view, the stock has a strong support level at $5, and if we add a bullish fundamental thesis that I described in this article into the picture, we could suggest that there is going to be a lot of upside in the foreseeable future.

This year, the company showed a disappointed -20 percent of growth.

Going forward, I believe that there are a few major catalysts that will push Himax's stock higher and create value for shareholders along the way. Its monthly volatility value of 5.34% and volatility for the week is valued at 3.49%.

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