Himax Technologies, Inc. (HIMX) Insider Ownership stands at 12.3

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Himax Technologies, Inc. (HIMX) reported its last quarter results on 02/16/2017. This Company belongs to Computer and Technology sector.

In the last trading session, The Company traded 6.51 Million shares. The Stock Market opened sessions at 8.35 and closed at 8.6. There was a stock increase by 5.39 percent.

According to Yahoo Finance, the price target for the company which analysts are aiming is 10. The 1-year price target of the company is 8.29.

Investors expected a price target of 0.09 for this quarter.  Zacks Investment Research gave Himax Technologies, Inc. (HIMX) a rating of 2.11 on a scale of 1 to 5. Here, 1 indicates a Strong Buy and 5 indicates a Strong Sell.

Considering the performance, Himax Technologies, Inc. (HIMX)’s shares have the potential to reach a high EPS of 0.04 per share, and a low EPS of 0.02 per share in the current quarter. All of these Earnings estimates are a consensus recommendation of 5 Analysts. According to them, the median (average) EPS the company could deliver is 0.03/share. While the actual EPS the company reported in the same quarter previous year was 0.08/share.

For the quarter ending 11/10/2016, The Analyst projected that the company could deliver EPS of 0.1 while the company provided its Actual EPS of 0.12 showing a difference of 0.02 Percent between the Estimated and Actual EPS. Hence, the surprise factor was 20 percent.

Analysts estimated $0.07/share for the previous Quarter, where Himax Technologies, Inc. (HIMX) reported Actual EPS of $0.03/share with the difference of -0.04 percent and a surprise of -57.1 percent.

The 9 analysts offering 12-month price forecasts for Himax Technologies Inc have a median target of 7.50, with a high estimate of 10.00 and a low estimate of 5.00. The median estimate represents a -12.79% decrease from the last price of 8.60.

For the current quarter, the highest estimate analysts provided is 168.6 Million and the lowest is 157 Million. These 6 Analysts are also projecting the mean revenue estimate of 162.88 Million. The year ago sales the company reported in the same quarter is 180.32 Million.

While Looking at Sales Growth (Year/est), the company is currently showing a percentage value of -20 percent.

Himax Technologies, Inc. (HIMX) topped its 52-week high price target of 12 on Mar 30, 2016. The company reached a 52-week low at 4.88 on Feb 10, 2017.

The company’s stock currently has 1.48 Billion in market capitalization. The volatility rate is 3.71% percent and 4.91% percent each. Price per earning (ttm) stands at 26.22.

This year, the company showed a disappointed -20 percent of growth. The next year’s growth is calculated to be 50 percent. The company projects a long term annual growth estimate of 25 percent.

The company’s growth for the past 5 years has been at -2.67 percent. The Insider Ownership of the company currently is 12.3 percent, and Institutional Ownership is 27.6 percent.

Company Profile:

Himax Technologies, Inc. designs, develops and markets semiconductors that are critical components of flat panel displays. The Company’s principal products are display drivers for large-sized TFT-LCD panels, which are used in desktop monitors, notebook computers and televisions, and display drivers for small- and medium-sized TFT-LCD panels, which are used in mobile handsets and consumer electronics products such as digital cameras, mobile gaming devices and car navigation displays. In addition, the Company is expanding its product offering to include LCD TV chipset solutions and LCOS microdisplays.

 

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