HIMX vs. ALGM, PI, LPL, KLIC, LUNR, VIAV, SIMO, NN, AAOI, and JKS
Should you be buying Himax Technologies stock or one of its competitors? The main competitors of Himax Technologies include Allegro MicroSystems (ALGM), Impinj (PI), LG Display (LPL), Kulicke and Soffa Industries (KLIC), Intuitive Machines (LUNR), Viavi Solutions (VIAV), Silicon Motion Technology (SIMO), NextNav (NN), Applied Optoelectronics (AAOI), and JinkoSolar (JKS). These companies are all part of the "electronic equipment" industry.
Himax Technologies vs.
Himax Technologies (NASDAQ:HIMX) and Allegro MicroSystems (NASDAQ:ALGM) are both computer and technology companies, but which is the superior stock? We will compare the two companies based on the strength of their earnings, risk, community ranking, profitability, media sentiment, valuation, analyst recommendations, dividends and institutional ownership.
Himax Technologies received 517 more outperform votes than Allegro MicroSystems when rated by MarketBeat users. However, 65.59% of users gave Allegro MicroSystems an outperform vote while only 65.31% of users gave Himax Technologies an outperform vote.
In the previous week, Allegro MicroSystems had 4 more articles in the media than Himax Technologies. MarketBeat recorded 9 mentions for Allegro MicroSystems and 5 mentions for Himax Technologies. Himax Technologies' average media sentiment score of 0.98 beat Allegro MicroSystems' score of 0.70 indicating that Himax Technologies is being referred to more favorably in the media.
Himax Technologies has a beta of 1.94, suggesting that its stock price is 94% more volatile than the S&P 500. Comparatively, Allegro MicroSystems has a beta of 1.65, suggesting that its stock price is 65% more volatile than the S&P 500.
69.8% of Himax Technologies shares are held by institutional investors. Comparatively, 56.5% of Allegro MicroSystems shares are held by institutional investors. 31.5% of Himax Technologies shares are held by insiders. Comparatively, 0.5% of Allegro MicroSystems shares are held by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.
Himax Technologies presently has a consensus price target of $15.00, suggesting a potential upside of 69.49%. Allegro MicroSystems has a consensus price target of $30.91, suggesting a potential upside of 24.43%. Given Himax Technologies' stronger consensus rating and higher probable upside, equities analysts clearly believe Himax Technologies is more favorable than Allegro MicroSystems.
Himax Technologies has a net margin of 8.77% compared to Allegro MicroSystems' net margin of -2.96%. Himax Technologies' return on equity of 9.06% beat Allegro MicroSystems' return on equity.
Allegro MicroSystems has higher revenue and earnings than Himax Technologies. Allegro MicroSystems is trading at a lower price-to-earnings ratio than Himax Technologies, indicating that it is currently the more affordable of the two stocks.
Summary
Himax Technologies beats Allegro MicroSystems on 11 of the 18 factors compared between the two stocks.
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New MarketBeat Followers Over Time
This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
Media Sentiment Over Time
This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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This page (NASDAQ:HIMX) was last updated on 1/21/2025 by MarketBeat.com Staff
