Realistically what price do you see Dec 31, 2014....
I know everyone here is very bullish and has price targets that are insane while the bashers have price targets and plans to see us at $2. Realistically what price do you see on new years eve 2014. I personally have my target at $24 bc Mark Gomes one of the first big writers about HIMX believes with LCOS ramp up EPS will be $1.18 and not $.60 so at 20x earnings and potentially a lot of google glass hype, Im thinking right around $25 or slightly under.
Now That's if all goes perfect, I think a not so warm reception of glass and we stay in the $13-15 range all of next year.
Only my opinion, but I could see $12-$15 depending on next week's financials (short term affect despite no real long-term concern). March 2014 I will still say upwards of $16-$17 depending on how much support GOOGLE GLASS gets (again despite this is just a little piece of HIMX). If the price would go much higher, someone would be better off buying HIMX all together and take the entire 75% of the market.
HIMX P\E is great. Market is primed for them. Inst. Ownership is ready. Outside chance of $20.....and yes, I am hoping for that as I have more money than I should tied into this one single company,
Realistically we should be talking about a price range and not a singular price. The $1.18 EPS for 2014 is a high end estimate and not shared by many. The Yahoo Analysts Estimates page shows the EPS range as $0.52 to $0.78. So, you should consider that range along with the $1.18.
Myself, I would conservatively guess at the higher end of the $0.52 to $0.78 and could accept $0.75.
But, the other very big factor/multiplier is the P/E. I generally get this from a 0.75 to 1.0 PEG.
So, at $0.30 EPS in 2012, $0.39 EPS in 2013 and $0.75 EPS in 2014 and perhaps $1.00 EPS in 2015, you have an easy growth rate of 33% so lets use a 25 to 30 P/E.
Taking the $0.75 and 25 P/E, you have $18.75 share price and $22.50 at a 30 P/E.................all with at least a $0.25 dividend payment which should not be forgotten.
Fast Forward to year end 2015 and the $1.00 or higher and you get $25 to $30 share price. As earnings are growing at an estimated 33%/year, the share price should grow at the same rate given a static P/E.
But, I would also say there is a 30% chance HIMX gets taken out around $18 to $23 or so in March to June 2014 (like the idea of INTC at a 1 to 1 share exchange which gets us around $23).
has..at 23 a share thats approx 8 billion bucks for the take over..no company ,period,would spend that much for a company doing 1 billion in sales.i think your trying to dazzle us with your footwork..also are you really sbacchus? thank you..