Himax Technologies Stock Price, Forecast & Analysis (NASDAQ:HIMX)

Himax Technologies trades on the NASDAQ under the ticker symbol "HIMX."

Himax Technologies, Inc. (NASDAQ:HIMX) issued its earnings results on Thursday, November, 7th. The semiconductor company reported ($0.04) EPS for the quarter, beating the consensus estimate of ($0.05) by $0.01. The semiconductor company had revenue of $164.30 million for the quarter, compared to the consensus estimate of $159.68 million. Himax Technologies had a negative return on equity of 1.15% and a negative net margin of 0.90%. The company's revenue was down 12.8% compared to the same quarter last year. During the same period last year, the business posted $0.03 EPS. View Himax Technologies' Earnings History.

Himax Technologies is scheduled to release their next quarterly earnings announcement on Tuesday, February 18th 2020. View Earnings Estimates for Himax Technologies.

Himax Technologies issued an update on its fourth quarter earnings guidance on Thursday, November, 7th. The company provided EPS guidance of ($0.04)-($0.02) for the period, compared to the Thomson Reuters consensus estimate of ($0.07). The company issued revenue guidance of flat sequentially to ~$164.3 million, compared to the consensus revenue estimate of $153.22 million.

4 equities research analysts have issued 12 month price objectives for Himax Technologies' shares. Their forecasts range from $2.25 to $3.50. On average, they expect Himax Technologies' stock price to reach $2.75 in the next year. This suggests a possible upside of 7.8% from the stock's current price. View Analyst Price Targets for Himax Technologies.

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Himax Technologies in the last year. There are currently 1 sell rating and 3 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Himax Technologies.

Media headlines about HIMX stock have trended extremely negative this week, InfoTrie reports. InfoTrie identifies positive and negative news coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Himax Technologies earned a coverage optimism score of -5.0 on InfoTrie's scale. They also gave media stories about the semiconductor company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the company's share price in the next several days. View News Stories for Himax Technologies.

Some companies that are related to Himax Technologies include Ambarella (AMBA), OSI Systems (OSIS), MACOM Technology Solutions (MTSI), FormFactor (FORM), Kulicke and Soffa Industries (KLIC), Silicon Motion Technology (SIMO), Rambus (RMBS), MaxLinear (MXL), SunPower (SPWR), ChipMOS Technologies (IMOS), Xperi (XPER), Ultra Clean (UCTT), Canadian Solar (CSIQ), Photronics (PLAB) and Smart Global (SGH).

Based on aggregate information from My MarketBeat watchlists, some companies that other Himax Technologies investors own include Micron Technology (MU), Alibaba Group (BABA), Advanced Micro Devices (AMD), Accelerate Diagnostics (AXDX), NVIDIA (NVDA), Magnachip Semiconductor (MX), General Electric (GE), GameStop (GME), Vuzix (VUZI) and Intel (INTC).

Himax Technologies' stock is owned by a number of of retail and institutional investors. Top institutional investors include SG Americas Securities LLC (0.23%), California Public Employees Retirement System (0.18%), Clear Harbor Asset Management LLC (0.03%) and TRUE Private Wealth Advisors (0.01%). View Institutional Ownership Trends for Himax Technologies.

HIMX stock was sold by a variety of institutional investors in the last quarter, including SG Americas Securities LLC and Clear Harbor Asset Management LLC. View Insider Buying and Selling for Himax Technologies.

HIMX stock was acquired by a variety of institutional investors in the last quarter, including California Public Employees Retirement System and TRUE Private Wealth Advisors. View Insider Buying and Selling for Himax Technologies.

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

One share of HIMX stock can currently be purchased for approximately $2.55.

Himax Technologies has a market capitalization of $438.98 million and generates $723.60 million in revenue each year. The semiconductor company earns $8.57 million in net income (profit) each year or $0.06 on an earnings per share basis. Himax Technologies employs 2,160 workers across the globe.View Additional Information About Himax Technologies.

The official website for Himax Technologies is http://www.himax.com.tw/.

Himax Technologies' mailing address is NO. 26 ZIH LIAN ROAD, TAIWAN F5, 74148. The semiconductor company can be reached via phone at 886-2-2370-3999 or via email at [email protected]