Why You Shouldn’t Hesitate To Buy Ross Stores, Inc. (ROST) And Himax Technologies, Inc. (HIMX)

14 analysts out of 23 Wall Street brokerage firms rate Ross Stores, Inc. (NASDAQ:ROST) as a Buy, while 0 see it as a Sell. The rest 9 describe it as a Hold. ROST stock traded higher to an intra-day high of $90.46. At one point in session, its potential discontinued and the price was down to lows at $88.305. Analysts have set ROST’s consensus price at $99.15, effectively giving it a 11.1% projection on returns. Should the projected estimates be met, then the stock will likely hit its highest price at $110 (up 23.26% from current price levels). ROST has a 48.9% ROE, higher than the 12.11% average for the industry. The average ROE for the sector is 13.05%.

Ross Stores, Inc. (ROST) currently trades at $89.24, which is lower by -1.6% its previous price. It has a total of 384.53 million outstanding shares, with an ATR of around 1.79. The company’s stock volume rose to 3.7 million, better than 2.53 million that represents its 50-day average. A 5-day decrease of about -3.43% in its price means ROST is now 7.26% higher on year-to-date. The shares have surrendered $43102.76 since its $104.35 52-week high price recorded on 8th of November 2018. Overall, it has seen a growth rate of 15.9 over the last 12 months. The current price per share is $14.71 above the 52 week low of $74.53 set on 2nd of April 2018.

Ross Stores, Inc. (NASDAQ:ROST)’s EPS was $1.13 as reported for the January quarter. In comparison, the same quarter a year ago had an EPS of $0.98. That means that its growth in general now stands at 15%. Therefore, a prediction of $1.13 given by the analysts brought a negative surprise of 0%. ROST Jan 19 quarter revenue was $4.11 billion, compared to $4.07 billion recorded in same quarter last year, giving it a 1% growth rate. The company’s $0.04 billion revenue growth that quarter surprised Wall Street and investors will need to consider this as they assess the stock.

Himax Technologies, Inc. (NASDAQ:HIMX) shares depreciated -1.62% over the last trading period, taking overall 5-day performance up to 1.96%. HIMX’s price now at $3.65 is weaker than the 50-day average of $3.76. Getting the trading period increased to 200 days, the stock price was seen at $5.48 on average. The general public currently hold control of a total of 148.7 million shares, which is the number publicly available for trading. The total of shares that it has issued to investors is 172.58 million. The company’s management holds a total of 12.3%, while institutional investors hold about 18% of the remaining shares. HIMX share price finished last trade -3.63% below its 20 day simple moving average and its downbeat gap from 200 day simple moving average is -33.57%, while closing the session with -2.92% distance from 50 day simple moving average.

Himax Technologies, Inc. (HIMX) shares were last observed trading -58.59% down since June 13, 2018 when the peak of $8.81 was hit. Last month’s price growth of -5.68% puts HIMX performance for the year now at 6.41%. Consequently, the shares price is trending higher by 20.46%, a 52-week worst price since Dec. 10, 2018. However, it is losing value with -40.94% in the last 6 months. From a technical perspective, it appears more likely that the stock will experience a Bull Run market as a result of the strong support seen recently between $3.57 and $3.61. The immediate resistance area is now $3.72 Williams’s %R (14) for HIMX moved to 65.12 while the stochastic %K points at 42.64.

HIMX’s beta is 0.06; meaning investors could reap lower returns, although it also poses lower risks. The company allocated $0.1 per share from its yearly profit to its outstanding shares. Its last reported revenue is $191.01 million, which was 5% versus $181.08 million in the corresponding quarter last year. The EPS for Dec 19 quarter came in at $0.05 compared to $0.14 in the year-ago quarter and had represented -64% year-over-year earnings per share growth. HIMX’s ROA is 1.1%, lower than the 12.06% industry average. Although a more robust percentage would be better, consideration is given to how well peers within the industry performed. Companies within the sector had an ROA of 10.48%.

Estimated quarterly earnings for Himax Technologies, Inc. (NASDAQ:HIMX) are around $-0.03 per share in three months through March with $-0.01 also the estimate for June quarter of the fiscal year. It means the growth is estimated at -50% and -200%, respectively. Analysts estimate full-year growth to be -133.33%, the target being $-0.02 a share. The firm’s current profit margin over the past 12 months is 1.2%. HIMX ranks lower in comparison to an average of 14.42% for industry peers; while the average for the sector is 12.27%.