The stocks of HIMX have been upgraded to a rating of ‘buy’ by the analysts working at Zacks Investment Research- in one of the research notes that have been published. Currently, the brokerage firm has set up a target price of $8 on the stock of this semiconductor company.
There have been quite a few research analysts who have commented on the company. ValuEngine has already cut the shares of HIMX from a rating of ‘hold’ to a rating of ‘sell’ in an October 1st research note. BidaskClub, too, increased the rating of the company from ‘strong sell’ to ‘sell’ in one of their research notes. Robert W. Baird, on the other hand, has given the stocks of the company a price rating of $11, along with a rating of ‘outperform’.
The Stock Options of HIMX
Two of the equities analysts working on the stocks of this company have given the stocks of HIMX a rating of ‘sell’, while one of the analysts have assigned it a rating of ‘hold’. Five of the analysts have given it a rating of ‘buy’ for the stock of the company. The company has a rating of ‘hold’ currently, with a price target set at $6.67.
The market cap of HIMX is $1.22 billion, with a beta of 1.89, and a PE ratio of 75.68. The debt-to-equity ratio of the company is 0.12, while the current ratio is 2.01, and the quick ratio is 1,60. The moving average for the company over a period of 50 days is $5.33, while that of 200 days is $4.09. The year low is $1.73, and the year high is $7.47.
HIMX released their quarterly earnings last Thursday, where the EPS for the quarter was $0.05. They did miss out on the consensus estimate set by Thomson Reuters of $0.07. The revenue for the company is $239.90 million- which was similar to the analyst estimate placed before them.