Nomura Instinet is very positive about HIMX and gave it a « » rating on Apr 07, 2022. The price target was changed from 9.77 to 6.24. Over the last 30 days, this security got 1 buy, 0 sell, and 0 hold ratings.
Similarly Is Himx undervalued? (NASDAQ:HIMX) Suggests It’s 50% Undervalued.
What does himax Tech do? 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.
Additionally, Is HIMX overvalued?
At this time, the firm appears to be undervalued. Our model calculates the value of Himax Technologies from evaluating the firm fundamentals such as Return On Asset of 23.74 %, return on equity of 55.38 %, and Current Valuation of 2.12 B as well as inspecting its technical indicators and Probability Of Bankruptcy.
Will himax stock go up?
Himax Technologies Inc (NASDAQ:HIMX)
The 4 analysts offering 12-month price forecasts for Himax Technologies Inc have a median target of 13.00, with a high estimate of 18.00 and a low estimate of 11.00. The median estimate represents a +41.92% increase from the last price of 9.16.
Is Canon stock a buy? The Canon Inc stock holds a sell signal from the short-term moving average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock.
Is Cannon a good stock? CAJ is currently sporting a Zacks Rank of #1 (Strong Buy), as well as a Value grade of A. The stock is trading with a P/E ratio of 12.84, which compares to its industry’s average of 12.88. Over the past year, CAJ’s Forward P/E has been as high as 25.97 and as low as 12.56, with a median of 20.14.