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.
Investment analysts gave a few price targets for HIMX. The highest price target was 10.3, implying a possible profit of 25.15 percent. The most pessimistic analyst gave a price target of 4, implying potential capital losses of -51.4 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change 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.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 2 analysts revised their estimates downwards. 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.
Analysts estimate earnings of HIMX to grow at a rate of -64.96 percent. The PEG ratio of a stock is another value frequently studied by investors. A lower PEG ratio is favorable, because people typically see that as an indicator of higher growth relative to stock price. PEG ratios below 1 are often considered desirable, but many choose to perform ratio comparisons with other companies in the industry. HIMX has a PEG ratio of -0.55.
In the trailing 52-weeks, HIMX hit 10.95 at the highest peak, while it's lowest trading point was 4.88. Currently the stock is 68.65 percent higher than its low, and 24.84 percent lower than its 52-week 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.