Himax Technologies (HIMX) Receiving Somewhat Favorable Media Coverage, Analysis Shows

News articles about Himax Technologies (NASDAQ:HIMX) have been trending somewhat positive this week, Accern reports. The research group identifies negative and positive press coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Himax Technologies earned a news sentiment score of 0.16 on Accern’s scale. Accern also assigned media stories about the semiconductor company an impact score of 44.6287376480598 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.

Here are some of the news articles that may have impacted Accern Sentiment’s rankings:

Several research analysts have commented on HIMX shares. ValuEngine lowered Himax Technologies from a “hold” rating to a “sell” rating in a research report on Thursday, May 18th. Rosenblatt Securities lowered Himax Technologies from a “neutral” rating to a “sell” rating and cut their price target for the stock from $7.00 to $6.00 in a research report on Friday, July 21st. Credit Suisse Group raised Himax Technologies from a “neutral” rating to a “buy” rating and set a $11.00 price target on the stock in a research report on Friday, August 4th. Zacks Investment Research lowered Himax Technologies from a “hold” rating to a “sell” rating in a research report on Friday, May 19th. Finally, Macquarie reaffirmed an “outperform” rating and set a $10.30 price target on shares of Himax Technologies in a research report on Saturday, July 22nd. Three analysts have rated the stock with a sell rating, seven have issued a hold rating and thirteen have given a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus price target of $8.70.

Himax Technologies (HIMX) traded up 6.58% during mid-day trading on Monday, hitting $10.86. The company had a trading volume of 2,660,089 shares. The stock’s 50 day moving average price is $8.85 and its 200 day moving average price is $8.08. The firm has a market cap of $1.87 billion, a P/E ratio of 99.63 and a beta of 0.80. Himax Technologies has a 52-week low of $4.88 and a 52-week high of $11.97.

The firm also recently announced an annual dividend, which was paid on Monday, August 14th. Investors of record on Monday, July 31st were given a $0.24 dividend. This is a boost from Himax Technologies’s previous annual dividend of $0.12. This represents a yield of 2.71%. The ex-dividend date of this dividend was Thursday, July 27th. Himax Technologies’s dividend payout ratio (DPR) is currently 191.68%.

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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.

Insider Buying and Selling by Quarter for Himax Technologies (NASDAQ:HIMX)

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