Himax Technologies - HIMX Stock Forecast, Price & News

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Himax Technologies in the last twelve months. There are currently 3 hold ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" HIMX shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in HIMX, but not buy additional shares or sell existing shares.
View HIMX analyst ratings or view top-rated stocks.

3 brokerages have issued 12 month target prices for Himax Technologies' shares. Their HIMX share price forecasts range from $7.00 to $11.00. On average, they predict the company's stock price to reach $9.67 in the next year. This suggests a possible upside of 27.5% from the stock's current price.
View analysts price targets for HIMX or view top-rated stocks among Wall Street analysts.

Himax Technologies' stock was trading at $15.99 at the beginning of 2022. Since then, HIMX stock has decreased by 52.6% and is now trading at $7.58.
View the best growth stocks for 2022 here.

The company is scheduled to release its next quarterly earnings announcement on Thursday, November 3rd 2022.
View our HIMX earnings forecast.

Himax Technologies, Inc. (NASDAQ:HIMX) announced its quarterly earnings data on Thursday, November, 4th. The semiconductor company reported $0.68 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.80 by $0.12. The semiconductor company earned $420.90 million during the quarter, compared to the consensus estimate of $381.97 million. Himax Technologies had a trailing twelve-month return on equity of 62.49% and a net margin of 29.43%. The business's revenue for the quarter was up 75.4% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.05 earnings per share.

Himax Technologies declared an annual dividend on Wednesday, May 25th. Stockholders of record on Thursday, June 30th will be given a dividend of $1.25 per share on Tuesday, July 12th. This represents a yield of 13.4%. The ex-dividend date is Wednesday, June 29th. This is a positive change from the stock's previous annual dividend of $0.26.
Read our dividend analysis for HIMX.

Himax Technologies (NASDAQ:HIMX) pays an annual dividend of $1.24 per share and currently has a dividend yield of 17.51%. HIMX has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 44.60%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for HIMX.

Himax Technologies updated its third quarter 2022 earnings guidance on Friday, August, 12th. The company provided EPS guidance of $0.12-$0.16 for the period. The company issued revenue guidance of $190.69 million-$203.19 million.

7 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.

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).

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

Himax Technologies' stock is owned by a variety of institutional and retail investors. Top institutional investors include Lazard Asset Management LLC (2.06%), CapWealth Advisors LLC (0.70%), Group One Trading L.P. (0.00%), Mitsubishi UFJ Kokusai Asset Management Co. Ltd. (0.31%), Kennedy Capital Management Inc. (0.24%) and O Shaughnessy Asset Management LLC (0.23%).
View institutional ownership trends.

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

One share of HIMX stock can currently be purchased for approximately $7.58.

Himax Technologies (NASDAQ:HIMX) has a market capitalization of $1.32 billion and generates $1.55 billion in revenue each year. The semiconductor company earns $436.90 million in net income (profit) each year or $2.78 on an earnings per share basis.

The company employs 2,083 workers across the globe.

Himax Technologies was founded in 2001.

Himax Technologies' mailing address is NO. 26 ZIH LIAN ROAD, TAIWAN F5, 74148. The official website for the company is www.himax.com.tw. The semiconductor company can be reached via phone at (866) 505-0880, via email at jackie_chang@himax.com, or via fax at 886-2-2314-0877.