HIMX vs. ALGM, LITE, TSEM, SITM, LPL, PI, VIAV, KLIC, SIMO, and NN
Should you be buying Himax Technologies stock or one of its competitors? The main competitors of Himax Technologies include Allegro MicroSystems (ALGM), Lumentum (LITE), Tower Semiconductor (TSEM), SiTime (SITM), LG Display (LPL), Impinj (PI), Viavi Solutions (VIAV), Kulicke and Soffa Industries (KLIC), Silicon Motion Technology (SIMO), and NextNav (NN). 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 businesses based on the strength of their analyst recommendations, institutional ownership, risk, valuation, profitability, dividends, earnings, community ranking and media sentiment.
Himax Technologies has a net margin of 8.80% compared to Allegro MicroSystems' net margin of -8.45%. Himax Technologies' return on equity of 9.09% beat Allegro MicroSystems' return on equity.
Himax Technologies has a beta of 2.13, meaning that its share price is 113% more volatile than the S&P 500. Comparatively, Allegro MicroSystems has a beta of 1.67, meaning that its share price is 67% 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, endowments and large money managers believe a stock will outperform the market over the long term.
Allegro MicroSystems has lower revenue, but higher 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.
In the previous week, Allegro MicroSystems had 9 more articles in the media than Himax Technologies. MarketBeat recorded 11 mentions for Allegro MicroSystems and 2 mentions for Himax Technologies. Allegro MicroSystems' average media sentiment score of 1.27 beat Himax Technologies' score of 0.34 indicating that Allegro MicroSystems is being referred to more favorably in the news media.
Himax Technologies received 515 more outperform votes than Allegro MicroSystems when rated by MarketBeat users. However, 65.98% of users gave Allegro MicroSystems an outperform vote while only 65.28% of users gave Himax Technologies an outperform vote.
Himax Technologies currently has a consensus price target of $15.00, indicating a potential upside of 79.53%. Allegro MicroSystems has a consensus price target of $31.20, indicating a potential upside of 13.19%. Given Himax Technologies' stronger consensus rating and higher possible upside, analysts plainly believe Himax Technologies is more favorable than Allegro MicroSystems.
Summary
Himax Technologies beats Allegro MicroSystems on 12 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 3/25/2025 by MarketBeat.com Staff
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