Economy

Himax Technologies, Inc. (NASDAQ:HIMX) Earns Outperform Rating from Macquarie

Himax Technologies, Inc. had its "outperform" rating reiterated by analysts at Northland Securities. (HIMX) is at 46.04.

Moving average convergence divergence (MACD) shows that the stock is on a PRICE RELATIVITY trend.

Teng bases his price target on 22x his FY19 EPS estimate of $0.54, raised from $0.45, and notes that the stock now trades at 18x the 2019 EPS. Investors may also view volume levels when the stock price is nearing significant support or resistance levels, in order to confirm a breakout in either direction. "(ADR) Stock Plunged Today" on May 12, 2016, also Benzinga.com with their article: "Jim Cramer Weighs In On Himax Technologies And Ferrari" published on August 08, 2017, Fool.com published: "What do Qualcomm and Himax do?" on March 21, 2017.

Himax Technologies, Inc. (HIMX) enjoys staying at the middle end of a sharp increasing trend in a short period of time and issued considerable signs about additional rally. For the quarter, shares have been noted at 14.60%. The market capitalization of the company is at $1.74 Billion. Consensus earnings estimates are far from flawless, but they are watched by many investors and play an important role in measuring the appropriate valuation for a stock. Granite Point Capital Management, L.p. reduced its position by shedding 28,500 shares a decrease of 3.9% in the quarter.

Nokia Corp (NYSE:NOK)'s distance from 20 day simple moving average is -0.0331 along with distance from 50 day simple moving average of 6.19 whereas its distance from 200 day simple moving average is 6.03. (ADR) (NASDAQ:HIMX) to report earnings on November, 9.

Return on Investment measures the amount of return on an investment relative to the investment's cost. It is the "top line" or "gross income" figure from which costs are subtracted to determine net income. The Higher end of the revenue forecast is $192 Million, while the Lower end of the forecast is $189 Million. The company reported revenue of $257.71 Million in the same period previous year.

Moving average is significant analytical tool used to discover current price trends and the possibility for a change in an established trend. The average is taken over a specific period of time, like 10 days, 20 minutes, 30 weeks, or any time period the trader chooses.

Traders will often use multiple moving averages to analyze a single security. After a long term look, we can observe that the current signal is Attractive for investors. Angled up and price is moving up (or was recently) overall, angled down and price is moving down overall, moving sideways and the price is likely in a range. Moving toward the technical facts, its current distance from 20-Day Simple Moving Average is 3.55% and standing 14.89% away from 50-Day Simple Moving Average while traded up 36.21% from 200-Day Simple Moving Average.

Volatility is a statistical measure of the dispersion of returns for a given security or market index. Comparatively, HIMX posted earnings of $0.16 per share in the same quarter, a year earlier.

Beta values for the above stocks are 0.75, 0.85, 0.82. Travelport Worldwide Limited is given 3 buy-equivalent recommendations, 0 sells and 3 holds.

In terms of Buy, Sell or Hold recommendations, Himax Technologies (NASDAQ:HIMX) has analysts' mean recommendation of 2.5.

7 number of analysts have estimated the sales of the company for the quarter ending Nov 8, 2017- Nov 13, 2017, analysts estimated mean sale target of 205.52 million while high and low sale targets are estimated at 236.1 million and 186.4 million respectively. This number is based on a 1 to 5 scale where 1 indicates a Strong Buy recommendation while 5 represents a Strong Sell. Active Investors often continue a close observation on any stock volume. This is usually interpreted as a good sign as traders widely believe falling stock should see declining volume. The stock uncovered monthly dynamic performance with growing progress of 7.71%. Furthermore on 3/09/17 Mizuho "Upgrades" the stock to Buy at $0.



Like this

Latest


29 September 2017
Mitsubishi's Plug-in Hybrid Crossover is Finally Heading to the US
Mitsubishi has announced that the 2018 Outlander Plug-in Hybrid will be priced at $35,535 when it arrives later this year. Mitsubishi is finally ready to bring the Outlander Plug-in Hybrid to the U.S.

29 September 2017
Phil Mickelson takes hilariously bad selfie with Obama, Clinton and Bush
Jersey City - The Presidents Cup teed off in apt style on Thursday, with former presidents Barack Obama , George W. The PGA Tour was preparing for a visit by President Donald Trump on Sunday, though it has not been confirmed.

28 September 2017
Anne Jeffreys, Glamorous Star of 'Topper' on Television, Dies at 94
Jeffreys made her Broadway debut in 1947 in the original cast of Kurt Weill's musical Street Scene . Her parents divorced when she was 6 months old, and she had her own local radio show by age 10.

28 September 2017
Indonesia welcomes giant pandas on loan from China
In July, Indonesia changed the name South China Sea to North Natuna Sea to show its sovereignty in the waters, prompting criticism from Beijing.

28 September 2017
Donald Trump accused of 'owing' Puerto Rico $33m after golf club bankruptcy
People are in crisis and Trump is too busy making shady comments about how the island hasn't paid back loans. Anthony is one of many entertainers with Puerto Rican roots trying to summon support.

28 September 2017
Man Utd legend Keane: United are back! They're ready to win titles
Phil Jones is set to return after missing last night's win in Moscow so the England worldwide is likely to partner Eric Bailly in the middle of defence . "I'm concerned for Palace in this one".

28 September 2017
'Madman Trump:' North Korea releases violent propaganda video
Speaking in Beijing, Chinese Foreign Ministry spokesman Lu Kang said war on the Korean peninsula would have no victor . General Assembly, Ri revealed that his country is considering testing a hydrogen bomb somewhere over the Pacific Ocean.

28 September 2017
Sweden manager angered by Jose Mourinho and Man United
You are right, he played well last season in the Europa League but last season was last season. I am content and I hope I will be in the team.

28 September 2017
McCarter: NASCAR playoffs set to shed weakest links
Kyle Busch is set with last week's victory, but he would like the playoff points to himself and will give Truex a challenge. Other than Kurt Busch , the driver least likely to advance in the playoffs after Sunday's race at Dover is Kasey Kahne .

28 September 2017
High-Performance Electric Vehicles Market by Applications, Types, New Technology - Opportunity Analysis and
The report then analyzes the upstream raw materials, downstream clients, and current market dynamics of Electric Chiller Market . Global Electric Vehicles and Fuel Cell Vehicles market adopts the bottom-up strategy to acknowledge the market value.



Recommended