Media coverage about Himax Technologies (NASDAQ:HIMX) has trended somewhat positive this week, Accern Sentiment Analysis reports. The research group scores the sentiment of media coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Himax Technologies earned a news impact score of 0.08 on Accern’s scale. Accern also gave news headlines about the semiconductor company an impact score of 46.7044503347219 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
Here are some of the media headlines that may have impacted Accern Sentiment’s analysis:
- Most Recent Figure Make This Stock Even More Attractive – Himax Technologies Inc (NASDAQ: HIMX) – Stocks Pen (stockspen.com)
- Himax Technologies, Inc. (HIMX) Receives Consensus Rating of “Hold” from Brokerages (americanbankingnews.com)
- Himax Technologies, Inc. (HIMX) : Analysts Watch-List Stock – Wall Street Morning (wallstreetmorning.com)
- Himax: Long-Term Perspectives Don’t Look Promising – Seeking Alpha (seekingalpha.com)
- Himax Technologies (HIMX) Lowered to “Market Perform” at Northland Securities (americanbankingnews.com)
Shares of Himax Technologies (NASDAQ:HIMX) traded up $0.12 during trading hours on Wednesday, hitting $7.35. The stock had a trading volume of 2,028,609 shares, compared to its average volume of 4,481,283. The firm has a market capitalization of $1,321.76, a price-to-earnings ratio of 42.53, a PEG ratio of 1.74 and a beta of 0.52. Himax Technologies has a 12-month low of $6.40 and a 12-month high of $13.95.
Several research firms have recently issued reports on HIMX. Robert W. Baird lifted their price target on Himax Technologies from $10.00 to $12.00 and gave the stock a “buy” rating in a research report on Tuesday, January 9th. BidaskClub downgraded Himax Technologies from a “buy” rating to a “hold” rating in a research note on Saturday, December 16th. Nomura downgraded Himax Technologies from a “buy” rating to a “hold” rating and dropped their price target for the stock from $10.00 to $8.00 in a research note on Friday, March 9th. Vetr upgraded Himax Technologies from a “strong sell” rating to a “strong-buy” rating and set a $14.98 target price for the company in a research report on Tuesday, November 28th. Finally, Zacks Investment Research lowered Himax Technologies from a “hold” rating to a “sell” rating in a report on Tuesday, February 20th. Five analysts have rated the stock with a sell rating, five have assigned a hold rating, seven have issued a buy rating and one has given a strong buy rating to the stock. Himax Technologies currently has a consensus rating of “Hold” and an average target price of $10.79.
Himax Technologies Company Profile
Himax Technologies, Inc is a fabless semiconductor solution provider. The Company is engaged in display driver integrated circuits (IC) and timing controllers used in televisions, laptops, monitors, mobile phones, tablets, digital cameras, car navigation and other consumer electronics devices. The Company operates through two segments: Driver IC and Non-driver products.
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