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 price target was 10.3, implying potential capital gains of 25.15 percent. The lowest price target was 4, implying a possible loss of -51.4 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.
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. Meanwhile, fiscal year estimates have been revised downwards by -20.56 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of -70.54 percent in FY estimates.
People are often interested in whether analysts were united in the direction of their revisions. Over the past month, 0 analysts increased their quarterly estimates, which can be compared to the 2 analysts that decreased their estimates. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, compared to 2 analysts that revised their FY estimates downwards.
The growth rate of HIMX's earnings is estimated by analysts to be -64.96 percent. The PEG ratio of a stock is another value frequently studied by investors. Smaller PEG ratios are desirable, as that can indicate whether the high price level of a stock is warranted by high growth. Wall Street investors typically prefer a PEG ratio to be smaller than 1, even though it may be more relevant to compare the ratio to that of a firm's competitors. The PEG ratio of HIMX is -0.55.
HIMX has traded between a high of 10.95 and a low of 4.88 over the past year. Currently the stock is 68.65 percent higher than its low, and 24.84 percent below the high. HIMX has a P/E 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 will post this quarters earnings in days, on 0000-00-00.