Himax Technologies Inc (NASDAQ: HIMX) has benefited from exceptional positive changes in investment behavior: positive upside/downside volume developed, and the stock’s recent price rise disrupted its longer term downtrend.
Himax Technologies Inc (NASDAQ: HIMX) has benefited from meaningful positive changes in fundamentals: the consensus estimate for December, 2025 increased significantly, and the consensus estimate for December, 2024 increased significantly.
In light of these very positive signals we are reviewing our current Overall Rating of B. We would continue to view the shares with optimism pending completion of this review in the next several days.
Current PriceTarget Research Rating
HIMX’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a modest Value Builder.
Himax Technologies has a current Value Trend Rating of B (Positive). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. Himax Technologies has a slightly positive Appreciation Score of 65 and a slightly positive Power Rating of 65, and the Positive Value Trend Rating results.
Recent Price Action
On 6/28/24, Himax Technologies Inc (NASDAQ: HIMX) stock declined by -4.6%, closing at $7.94. NORMAL trading volume accompanied the decline. The stock has performed in line with the market over the last nine months and has declined -8.2% during the last week.
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