NASDAQ:HIMX

Himax Technologies (HIMX) Stock Price, News & Analysis

$5.86
+0.16 (+2.81%)
(As of 05/10/2024 ET)
Today's Range
$5.71
$5.93
50-Day Range
$4.83
$5.93
52-Week Range
$4.80
$7.70
Volume
1.17 million shs
Average Volume
570,785 shs
Market Capitalization
$1.02 billion
P/E Ratio
21.69
Dividend Yield
8.03%
Price Target
$8.00

Himax Technologies MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
36.6% Upside
$8.00 Price Target
Short Interest
Bearish
3.69% of Shares Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.45mentions of Himax Technologies in the last 14 days
Based on 18 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.62 out of 5 stars

Computer And Technology Sector

267th out of 601 stocks

Semiconductors & Related Devices Industry

42nd out of 89 stocks

HIMX stock logo

About Himax Technologies Stock (NASDAQ:HIMX)

Himax Technologies, Inc., a fabless semiconductor company, provides display imaging processing technologies in China, Taiwan, the Philippines, Korea, Japan, Europe, and the United States. The company operates in two segments, Driver IC and Non-Driver Products. It offers display driver integrated circuits (ICs) and timing controllers that are used in televisions, PC monitors, laptops, mobile phones, tablets, automotive, ePaper devices, industrial displays, and other products. The company also provides automotive IC solutions, including traditional driver ICs; advanced in-cell touch and display driver integration; large touch and display driver integration; and local dimming timing controllers, as well as active matrix organic light-emitting diode (AMOLED) solutions, including AMOLED drivers, timing controllers, and touch controller ICs. In addition, it offers application specific IC services; liquid crystal on silicon and micro-electro mechanical system products; Power ICs; complementary metal oxide semiconductor image sensor products; wafer level optics products; 3D sensing products; and ultralow power WiseEye smart image sensing products. The company markets its display drivers to panel manufacturers, mobile device module manufacturers, and manufacturers of end-use products. Himax Technologies, Inc. was incorporated in 2001 and is headquartered in Tainan City, Taiwan.

HIMX Stock Price History

HIMX Stock News Headlines

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See More Headlines
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Company Calendar

Last Earnings
5/09/2024
Today
5/12/2024
Next Earnings (Estimated)
8/08/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Semiconductors & related devices
Sub-Industry
N/A
Current Symbol
NASDAQ:HIMX
Employees
2,164
Year Founded
2001

Price Target and Rating

Average Stock Price Target
$8.00
High Stock Price Target
$8.00
Low Stock Price Target
$8.00
Potential Upside/Downside
+36.6%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$50.62 million
Pretax Margin
4.70%

Debt

Sales & Book Value

Annual Sales
$945.43 million
Cash Flow
$0.44 per share
Book Value
$4.95 per share

Miscellaneous

Free Float
119,686,000
Market Cap
$1.02 billion
Optionable
Optionable
Beta
2.02
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HIMX Stock Analysis - Frequently Asked Questions

Should I buy or sell Himax Technologies stock right now?

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Himax Technologies in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" HIMX shares.
View HIMX analyst ratings
or view top-rated stocks.

What is Himax Technologies' stock price target for 2024?

1 Wall Street analysts have issued 12 month price objectives for Himax Technologies' shares. Their HIMX share price targets range from $8.00 to $8.00. On average, they predict the company's share price to reach $8.00 in the next twelve months. This suggests a possible upside of 36.6% from the stock's current price.
View analysts price targets for HIMX
or view top-rated stocks among Wall Street analysts.

How have HIMX shares performed in 2024?

Himax Technologies' stock was trading at $6.07 at the start of the year. Since then, HIMX stock has decreased by 3.5% and is now trading at $5.8550.
View the best growth stocks for 2024 here
.

When is Himax Technologies' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, August 8th 2024.
View our HIMX earnings forecast
.

How were Himax Technologies' earnings last quarter?

Himax Technologies, Inc. (NASDAQ:HIMX) released its quarterly earnings data on Thursday, May, 9th. The semiconductor company reported $0.07 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.05 by $0.02. The semiconductor company had revenue of $207.60 million for the quarter, compared to analyst estimates of $203.40 million. Himax Technologies had a net margin of 5.30% and a trailing twelve-month return on equity of 5.72%. The company's revenue was down 15.0% on a year-over-year basis. During the same period in the prior year, the firm earned $0.12 earnings per share.

How often does Himax Technologies pay dividends? What is the dividend yield for Himax Technologies?

Himax Technologies declared an annual dividend on Thursday, May 9th. Stockholders of record on Friday, June 28th will be given a dividend of $0.29 per share on Friday, July 12th. This represents a dividend yield of 5.09%. The ex-dividend date of this dividend is Friday, June 28th.
Read our dividend analysis for HIMX
.

Is Himax Technologies a good dividend stock?

Himax Technologies (NASDAQ:HIMX) pays an annual dividend of $0.47 per share and currently has a dividend yield of 8.03%. HIMX has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 174.08%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for HIMX.

What ETFs hold Himax Technologies' stock?

ETFs with the largest weight of Himax Technologies (NASDAQ:HIMX) stock in their portfolio include ProShares Metaverse ETF (VERS), SoFi Web 3 ETF (TWEB) and ProShares Smart Materials ETF (TINT).Fidelity Metaverse ETF (FMET).

What guidance has Himax Technologies issued on next quarter's earnings?

Himax Technologies updated its second quarter 2024 earnings guidance on Thursday, May, 9th. The company provided earnings per share (EPS) guidance of 0.130-0.170 for the period, compared to the consensus earnings per share estimate of 0.070. The company issued revenue guidance of $224.2 million-$234.5 million.

What is Jordan Wu's approval rating as Himax Technologies' CEO?

8 employees have rated Himax Technologies Chief Executive Officer Jordan Wu on Glassdoor.com. Jordan Wu has an approval rating of 51% among the company's employees. This puts Jordan Wu in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies. 67.0% of employees surveyed would recommend working at Himax Technologies to a friend.

What other stocks do shareholders of Himax Technologies own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Himax Technologies investors own include Alibaba Group (BABA), Micron Technology (MU), Advanced Micro Devices (AMD), NVIDIA (NVDA), OPKO Health (OPK), Accelerate Diagnostics (AXDX), Organigram (OGI), Nokia Oyj (NOK), Chesapeake Energy (CHKAQ) and New Residential Investment (NRZ).

Who are Himax Technologies' major shareholders?

Himax Technologies' stock is owned by a variety of institutional and retail investors. Top institutional investors include Acadian Asset Management LLC (1.47%), Mirae Asset Global Investments Co. Ltd. (0.55%), Mitsubishi UFJ Asset Management Co. Ltd. (0.19%), Russell Investments Group Ltd. (0.09%), BNP Paribas Financial Markets (0.05%) and Simplex Trading LLC (0.00%).
View institutional ownership trends
.

How do I buy shares of Himax Technologies?

Shares of HIMX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:HIMX) was last updated on 5/12/2024 by MarketBeat.com Staff

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