Himax Technologies (NASDAQ:HIMX - Get Free Report) was upgraded by stock analysts at Wall Street Zen from a "sell" rating to a "hold" rating in a report issued on Saturday.
Several other research firms also recently issued reports on HIMX. Morgan Stanley reaffirmed an "equal weight" rating and set a $8.00 price target on shares of Himax Technologies in a research note on Wednesday, February 4th. Weiss Ratings reaffirmed a "hold (c)" rating on shares of Himax Technologies in a report on Thursday, January 22nd. Finally, Zacks Research upgraded shares of Himax Technologies to a "hold" rating in a research report on Wednesday, November 12th. Three analysts have rated the stock with a Hold rating, According to data from MarketBeat, the stock currently has an average rating of "Hold" and an average price target of $8.00.
Read Our Latest Report on HIMX
Himax Technologies Stock Down 3.6%
Shares of NASDAQ HIMX opened at $7.40 on Friday. The stock has a market capitalization of $1.29 billion, a price-to-earnings ratio of 28.91 and a beta of 1.83. Himax Technologies has a 52 week low of $5.66 and a 52 week high of $9.85. The firm has a 50-day moving average price of $8.02 and a 200 day moving average price of $8.27. The company has a quick ratio of 1.39, a current ratio of 1.58 and a debt-to-equity ratio of 0.02.
Himax Technologies (NASDAQ:HIMX - Get Free Report) last issued its earnings results on Thursday, February 12th. The semiconductor company reported $0.04 earnings per share for the quarter, hitting the consensus estimate of $0.04. Himax Technologies had a net margin of 5.28% and a return on equity of 4.92%. The company had revenue of $203.08 million for the quarter, compared to analyst estimates of $199.16 million. During the same period in the prior year, the business posted $0.14 earnings per share. The firm's revenue for the quarter was down 14.4% compared to the same quarter last year. Himax Technologies has set its Q1 2026 guidance at 0.020-0.040 EPS.
Institutional Trading of Himax Technologies
Institutional investors and hedge funds have recently bought and sold shares of the business. Robeco Institutional Asset Management B.V. lifted its position in Himax Technologies by 22.4% during the third quarter. Robeco Institutional Asset Management B.V. now owns 4,234,506 shares of the semiconductor company's stock valued at $37,391,000 after buying an additional 774,683 shares in the last quarter. Handelsbanken Fonder AB acquired a new stake in shares of Himax Technologies in the second quarter worth $921,000. Mitsubishi UFJ Asset Management Co. Ltd. raised its stake in shares of Himax Technologies by 19.9% in the 2nd quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 662,190 shares of the semiconductor company's stock valued at $5,913,000 after acquiring an additional 109,887 shares during the period. DNB Asset Management AS purchased a new position in shares of Himax Technologies in the 2nd quarter valued at $1,254,000. Finally, Envestnet Asset Management Inc. lifted its holdings in shares of Himax Technologies by 11.4% during the 2nd quarter. Envestnet Asset Management Inc. now owns 275,829 shares of the semiconductor company's stock valued at $2,463,000 after acquiring an additional 28,144 shares in the last quarter. Institutional investors and hedge funds own 69.81% of the company's stock.
Himax Technologies Company Profile
(
Get Free Report)
Himax Technologies, Inc NASDAQ: HIMX is a fabless semiconductor company specializing in display imaging technologies. The company designs and develops a comprehensive portfolio of display driver integrated circuits (DDICs), timing controllers, and other high-speed interface chips that enable high-resolution panels for a wide array of electronic devices. Himax's solutions are tailored to support both LCD and OLED displays, ensuring compatibility with television sets, desktop monitors, laptops, tablets, smartphones and wearable devices.
In addition to core display driver products, Himax offers wafer-level optics and liquid crystal on silicon (LCOS) microdisplay solutions for applications in augmented reality (AR) and virtual reality (VR) headsets.
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