HIMX vs. QRVO, NXT, OLED, LITE, TSEM, ALGM, SITM, LPL, PI, and LUNR
Should you be buying Himax Technologies stock or one of its competitors? The main competitors of Himax Technologies include Qorvo (QRVO), Nextracker (NXT), Universal Display (OLED), Lumentum (LITE), Tower Semiconductor (TSEM), Allegro MicroSystems (ALGM), SiTime (SITM), LG Display (LPL), Impinj (PI), and Intuitive Machines (LUNR). These companies are all part of the "electronic equipment" industry.
Himax Technologies vs.
Qorvo (NASDAQ:QRVO) and Himax Technologies (NASDAQ:HIMX) are both computer and technology companies, but which is the superior business? We will compare the two companies based on the strength of their risk, analyst recommendations, valuation, profitability, dividends, earnings, media sentiment, institutional ownership and community ranking.
Qorvo has a beta of 1.41, suggesting that its stock price is 41% more volatile than the S&P 500. Comparatively, Himax Technologies has a beta of 2, suggesting that its stock price is 100% more volatile than the S&P 500.
Qorvo presently has a consensus target price of $95.84, suggesting a potential upside of 25.99%. Himax Technologies has a consensus target price of $15.00, suggesting a potential upside of 41.11%. Given Himax Technologies' stronger consensus rating and higher probable upside, analysts plainly believe Himax Technologies is more favorable than Qorvo.
Himax Technologies has a net margin of 8.80% compared to Qorvo's net margin of 0.71%. Qorvo's return on equity of 12.41% beat Himax Technologies' return on equity.
Qorvo received 249 more outperform votes than Himax Technologies when rated by MarketBeat users. However, 65.35% of users gave Himax Technologies an outperform vote while only 65.04% of users gave Qorvo an outperform vote.
88.6% of Qorvo shares are held by institutional investors. Comparatively, 69.8% of Himax Technologies shares are held by institutional investors. 0.5% of Qorvo shares are held by insiders. Comparatively, 31.5% of Himax Technologies shares are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.
In the previous week, Qorvo had 9 more articles in the media than Himax Technologies. MarketBeat recorded 11 mentions for Qorvo and 2 mentions for Himax Technologies. Qorvo's average media sentiment score of 1.20 beat Himax Technologies' score of 0.69 indicating that Qorvo is being referred to more favorably in the media.
Himax Technologies has lower revenue, but higher earnings than Qorvo. Himax Technologies is trading at a lower price-to-earnings ratio than Qorvo, indicating that it is currently the more affordable of the two stocks.
Summary
Qorvo and Himax Technologies tied by winning 9 of the 18 factors compared between the two stocks.
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New MarketBeat Followers Over Time
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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 2/22/2025 by MarketBeat.com Staff
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