Oppenheimer Sidelined on Himax (HIMX); Says Q3 Results Mixed, Margins Need Improvement
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Baird Initiates Himax Technologies (HIMX) at Outperform; Pure Play in Augmented Reality and AMOLED Displays
November 12, 2015 5:34 PM ESTAfter the close, Baird initiated research coverage on Himax Technologies (NASDAQ: HIMX) with a Outperform rating and a price target of $9.00, suggesting 46% upside to Thursday's close.
Analyst Tristan Gerra called Himax a pure play on "emerging consumer growth themes including Augmented Reality (AR) and AMOLED displays, along with growth segments including multi-lens optics (array cameras, AR), CMOS image sensors... More
Baird Starts Himax Technologies (HIMX) at Outperform
November 12, 2015 5:30 PM ESTBaird initiated coverage on Himax Technologies (NASDAQ: HIMX) with an Outperform rating and a price target of $9.00.
For an analyst ratings summary and ratings history on Himax Technologies click here. For more ratings news on Himax Technologies click here.
Shares of Himax Technologies closed at $6.11 yesterday.
... MoreHimax Technologies (HIMX) Reports In-Line Q3 EPS; Issues Business Update
November 12, 2015 6:17 AM ESTHimax Technologies (NASDAQ: HIMX) reported Q3 EPS of $0.01, in-line with the analyst estimate of $0.01. Revenue for the quarter came in at $165.6 million versus the consensus estimate of $156.79 million.
Business Updates
The past three quarters have been marked by macro uncertainties and soft demand across consumer electronics in general. Amidst the unfavorable market environment, Himax continues to solidify its leading position through technology advancement and customer engagement. In the meantime, the Company is still working closely with top tier partners in developing products which are exploring new frontiers of... More
