Himax Technologies (NASDAQ:HIMX) Given Hold (C) Rating at Weiss Ratings

Key Points

• Himax Technologies has received a "hold (c)" rating from Weiss Ratings, indicating that analysts believe the stock should be maintained at its current level.
• The company's quarterly earnings met consensus estimates, reporting $0.10 EPS, but experienced a 10.4% decline in revenue year-over-year, bringing total revenue to $214.80 million.
• Institutional investors collectively own 69.81% of Himax's stock, with significant increases in holdings from firms like GAMMA Investing LLC and Robeco Institutional Asset Management B.V.

Himax Technologies (NASDAQ:HIMX - Get Free Report)'s stock had its "hold (c)" rating reissued by research analysts at Weiss Ratings in a note issued to investors on Wednesday,Weiss Ratings reports.

Himax Technologies Stock Up 0.4%

HIMX opened at $9.03 on Wednesday. The firm has a 50-day simple moving average of $8.27 and a two-hundred day simple moving average of $8.22. Himax Technologies has a 52 week low of $5.12 and a 52 week high of $13.91. The company has a market capitalization of $1.58 billion, a PE ratio of 21.50 and a beta of 2.31. The company has a quick ratio of 1.37, a current ratio of 1.54 and a debt-to-equity ratio of 0.03.

Himax Technologies (NASDAQ:HIMX - Get Free Report) last released its quarterly earnings data on Thursday, August 7th. The semiconductor company reported $0.10 EPS for the quarter, meeting the consensus estimate of $0.10. Himax Technologies had a net margin of 8.34% and a return on equity of 8.34%. The business had revenue of $214.80 million during the quarter, compared to the consensus estimate of $212.00 million. During the same quarter in the prior year, the firm earned $0.17 EPS. The business's revenue was down 10.4% on a year-over-year basis. Himax Technologies has set its Q3 2025 guidance at -0.040--0.020 EPS.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. GAMMA Investing LLC lifted its holdings in shares of Himax Technologies by 20.9% in the 1st quarter. GAMMA Investing LLC now owns 12,444 shares of the semiconductor company's stock valued at $91,000 after acquiring an additional 2,154 shares during the last quarter. Envestnet Asset Management Inc. lifted its holdings in shares of Himax Technologies by 13.8% in the 1st quarter. Envestnet Asset Management Inc. now owns 247,685 shares of the semiconductor company's stock valued at $1,820,000 after acquiring an additional 30,014 shares during the last quarter. Headwater Capital Co Ltd bought a new position in shares of Himax Technologies in the 1st quarter valued at about $3,675,000. Mitsubishi UFJ Asset Management Co. Ltd. lifted its holdings in shares of Himax Technologies by 12.0% in the 1st quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 552,303 shares of the semiconductor company's stock valued at $4,059,000 after acquiring an additional 59,217 shares during the last quarter. Finally, Robeco Institutional Asset Management B.V. lifted its holdings in shares of Himax Technologies by 16.9% in the 1st quarter. Robeco Institutional Asset Management B.V. now owns 2,230,791 shares of the semiconductor company's stock valued at $16,396,000 after acquiring an additional 321,755 shares during the last quarter. Institutional investors own 69.81% of the company's stock.

About Himax Technologies

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.

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