Somewhat Favorable Press Coverage Somewhat Unlikely to Affect Himax Technologies (HIMX) Share Price

News headlines about Himax Technologies (NASDAQ:HIMX) have trended somewhat positive recently, Accern Sentiment reports. The research firm rates the sentiment of media coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Himax Technologies earned a news sentiment score of 0.17 on Accern’s scale. Accern also assigned media stories about the semiconductor company an impact score of 45.6636205114849 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.

Several equities analysts have recently weighed in on the company. Nomura set a $9.00 price objective on Himax Technologies and gave the company a “buy” rating in a report on Saturday, May 13th. Northland Securities reiterated an “outperform” rating and set a $10.00 price objective on shares of Himax Technologies in a report on Wednesday, April 26th. Credit Suisse Group upgraded Himax Technologies from a “neutral” rating to a “buy” rating and set a $11.00 price objective on the stock in a report on Friday, August 4th. Lake Street Capital cut Himax Technologies from a “buy” rating to a “hold” rating and set a $7.50 price objective on the stock. in a report on Thursday, May 11th. Finally, ValuEngine cut Himax Technologies from a “hold” rating to a “sell” rating in a report on Thursday, May 18th. Three research analysts have rated the stock with a sell rating, seven have assigned a hold rating and twelve have given a buy rating to the company. The company presently has an average rating of “Hold” and an average price target of $8.58.

Shares of Himax Technologies (HIMX) opened at 8.21 on Friday. Himax Technologies has a 52 week low of $4.88 and a 52 week high of $10.95.

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

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About Himax Technologies

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.

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