Himax Technologies, Inc. Reports Fourth Quarter and Full Year 2016 Financial Results; Provides First Quarter 2017 Guidance
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Himax Technologies (HIMX) PT Raised to $5 at Baird; Remains Sidelined
February 16, 2017 3:19 PM ESTBaird analyst Tristan Gerra raised its price target on Himax Technologies (NASDAQ: HIMX) to $5.00 (from $4.00) while maintaining a Neutral rating.
Gerra commented, "Challenges for 2017 include the start of a driver IC integration trend in the China large panel supply chain, lack of... More
Northland Capital Markets Upgrades Himax Technologies (HIMX) to Outperform
February 16, 2017 1:39 PM ESTNorthland Capital Markets upgraded Himax Technologies (NASDAQ: HIMX) from Market Perform to Outperform with a price target of $10.00.
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 $6.37 yesterday.
... MoreHimax Technologies (HIMX) Posts Q4 Non-GAAP EPS of $0.09; Sees Q1 Revs Down 18-25% Sequentially
February 16, 2017 5:41 AM ESTHimax Technologies (NASDAQ: HIMX) reported Q4 EPS of $0.09, $0.02 better than the analyst estimate of $0.07. Revenue for the quarter came in at $203.4 million versus the consensus estimate of $202.6 million. (SI NOTE: the company issued preliminary Q4 results on Jan 26).
Net revenue for the fourth quarter of 2016 decreased 6.7% sequentially to $203.4 million, in line with the Companys guidance.Compared to the previous quarter, large-sized panel driver sales decreased 6.0%, small and medium-sized panel driver... More