Press coverage about Himax Technologies (NASDAQ:HIMX) has been trending somewhat positive on Sunday, according to Accern Sentiment. The research firm identifies positive and negative media coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Himax Technologies earned a coverage optimism score of 0.07 on Accern’s scale. Accern also gave news coverage about the semiconductor company an impact score of 47.9071475469546 out of 100, indicating 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 news articles that may have impacted Accern Sentiment Analysis’s rankings:

NASDAQ HIMX traded up $0.09 during trading on Friday, reaching $6.14. 736,917 shares of the stock traded hands, compared to its average volume of 1,395,412. The stock has a market cap of $1.05 billion, a P/E ratio of 40.80 and a beta of -0.25. Himax Technologies has a fifty-two week low of $5.70 and a fifty-two week high of $13.95.

Himax Technologies (NASDAQ:HIMX) last announced its quarterly earnings results on Thursday, August 9th. The semiconductor company reported $0.01 earnings per share for the quarter, meeting the Zacks’ consensus estimate of $0.01. Himax Technologies had a net margin of 3.66% and a return on equity of 6.12%. The firm had revenue of $181.40 million for the quarter, compared to analyst estimates of $181.78 million. The company’s revenue was up 19.6% on a year-over-year basis. analysts forecast that Himax Technologies will post -0.01 EPS for the current year.

Several equities research analysts have recently commented on HIMX shares. BidaskClub cut shares of Himax Technologies from a “hold” rating to a “sell” rating in a research report on Thursday, August 2nd. Cowen set a $7.00 price target on shares of Himax Technologies and gave the stock a “hold” rating in a research report on Thursday, August 9th. ValuEngine cut shares of Himax Technologies from a “hold” rating to a “sell” rating in a research report on Tuesday, July 31st. Lake Street Capital set a $13.00 price target on shares of Himax Technologies and gave the stock a “buy” rating in a research report on Thursday, June 7th. Finally, Macquarie cut shares of Himax Technologies from an “outperform” rating to a “neutral” rating and lowered their price target for the stock from $12.00 to $6.00 in a research report on Thursday, August 16th. Three investment analysts have rated the stock with a sell rating, eight have assigned a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus price target of $10.57.

About Himax Technologies

Himax Technologies, Inc, a fabless semiconductor company, provides display imaging processing technologies worldwide. The company operates in two segments, Driver IC and Non-Driver Products. It offers display driver integrated circuits (ICs) and timing controllers used in televisions (TVs), laptops, monitors, mobile phones, tablets, digital cameras, car navigation, and other consumer electronics devices.

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