Himax Technologies (NASDAQ:HIMX) shares traded 6.2% up during most recent session to reach at the closing price of $9.25. The stock exchanged hands 8.36 Million shares versus average trading capacity of 3.73 Million shares, yielding a market cap of $1.62 Billion. Wall Street analysts covering the stock are projecting that the stock will reach $9.39 within the next 52-weeks. The mean target projections are based on 11 opinions.

Taking a broader look brokerage firms’ analysts on the street with an expectant view have Himax Technologies (NASDAQ:HIMX) high price target of $12 and with a conservative view have low price target of $4.

Baird “Upgrades” Himax Technologies (NASDAQ:HIMX) in a research note issued to investors on 8/04/17 to Outperform with price target of $0.

Additionally on 7/14/17 Oppenheimer “Downgrades” Himax Technologies (NASDAQ:HIMX) to Underperform setting price target at $0 and on 3/10/17 Morgan Stanley “Upgrades” the stock to Equal-Weight at $0. Furthermore on 3/09/17 Mizuho “Upgrades” the stock to Buy at $0.

On the other hand the company has Relative Strength Index (RSI 14) of 68.57 along with Average True Range (ATR 14) of 0.33, Consequently Himax Technologies (NASDAQ:HIMX)’s weekly and monthly volatility is 2.88%, 3.78% respectively. The company’s beta value is at 0.78.

In terms of Buy, Sell or Hold recommendations, Himax Technologies (NASDAQ:HIMX) has analysts’ mean recommendation of 2.5. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.

According to analysts Himax Technologies (NASDAQ:HIMX)’s minimum EPS for the current quarter is at $0.02 and can go high up to $0.04. The consensus mean EPS for the current quarter is at $0.04 derived from a total of 6 estimates from the analysts who have weighed in on projected earnings. However the company reported $0.12 earnings per share for the same quarter during last year.

While considering growth estimates of the company, it has next quarter growth estimates of 166.7% whereas during current quarter it has -66.7% estimations over growth, comparing to the estimations of -68.6% during current year and 227.3% for next year. Past 5 years growth of Himax Technologies (NASDAQ:HIMX) observed at -19.86%, looking forward for the next 5 years it has a strong prediction of 25% over growth.

Himax Technologies (NASDAQ:HIMX)’s revenue estimates for the current quarter are $190.85 Million according to 7 number of analysts, for the current quarter the company has high revenue estimates of $192 Million in contradiction of low revenue estimates of $189 Million. For the current year the company’s revenue estimates are $705.05 Million compared to low analyst estimates of $685.3 Million and high estimates of $735 Million according to 10 number of analysts.

Currently Himax Technologies (NASDAQ:HIMX)’s shares owned by insiders are 12.3%, whereas shares owned by institutional owners are 27.3%. However the six-month change in the insider ownership was recorded 0%, as well as three-month change in the institutional ownership was recorded -0.94%.

Himax Technologies (NASDAQ:HIMX) 52-week high price stands at $10.95 and low price stands at $4.88, its price distance from 52-week high is -15.53% while its distance from 52-week low price is 89.55%. The stock hit its 52-week high on 09/23/16, and 52-week low on 02/10/17.

Himax Technologies (NASDAQ:HIMX)’s trailing twelve month revenues are $728.5 Million, whereas its price to sales ratio for the same period is 2.22. Its book value per share for the most recent quarter is $4.97 while its price to book ratio for the same period is 1.86, as for as the company’s cash per share for the most recent quarter is $1.06, however its price to cash per share ratio for the same period is 8.72. The stock has 5 year expected PEG ratio of 2.09 whereas its trailing twelve month P/E ratio is 52.26.