Analyst Ratings for Himax Technologies Inc. ADR (HIMX)

Updated: 2017-07-28

Shares of Himax Technologies Inc. ADR (NASDAQ:HIMX) have received a consensus rating of Overweight from Wall Street analysts. A consensus rating of Overweight was previously issued for HIMX last month.

A buy rating was issued by 6 analysts, 0 gave an overweight rating, 3 issued a hold rating, 0 gave an underweight rating, and 2 gave a sell rating. Today, there are 1 more analysts optimistic about the company future as compared with 90 days ago. Meanwhile, the number of analysts pessimistic about the company has increased by 2.

A number of analysts gave price targets for HIMX. The most optimistic analyst gave a price target of 10.3, implying potential capital gains of 25.15 percent. The most pessimistic analyst gave a price target of 4, which equates to a potential downside of -51.4 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. The average change in earnings estimates over the last 90 days is -108.33 percent. Over the past 30 days, FY earnings estimates have also changed downwards by -20.56 percent. If we look at the last 90 days instead, we find a net average change of -70.54 percent in FY estimates.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. Over the past month, 0 analysts increased their quarterly estimates, which can be compared to the 2 analysts that decreased their estimates. Over the same time period, 0 analysts revised their FY earnings estimates upwards, compared to 2 analysts that revised their FY estimates downwards.

HIMX has an estimated earnings growth rate of -64.96 percent as forecasted by analysts. People on Wall Street often look at a company's PEG ratio. Smaller PEG ratios are desirable, because people typically see that as an indicator of higher growth relative to stock price. Many investors consider PEG ratios between 0 and 1 as preferrable, although it is frequently more appropriate to compare PEG ratios to the company's peers. HIMX has a PEG ratio of -0.55.

HIMX has a 52-week high of 10.95 and a 52-week low of 4.88. Today's price is 68.65 percent above the 52-week low, and below the high by 24.84 percent. HIMX has a price/earnings ratio of 35.61. Investors typically compare the P/E ratio to a company's peers in the industry. The HIMX value stock report compares HIMX to some of its peers using value stock charts. The stock has a market capitalization of $1.4 billion. HIMX's next earnings release will be on 0000-00-00, which is days away.