Himax Technologies (HIMX) Stock Forecast, Price & News

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

1 brokerages have issued 12 month target prices for Himax Technologies' stock. Their HIMX share price forecasts range from $8.00 to $8.00. On average, they expect the company's share price to reach $8.00 in the next year. This suggests a possible upside of 44.7% 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 $6.21 on January 1st, 2023. Since then, HIMX stock has decreased by 11.0% and is now trading at $5.53.
View the best growth stocks for 2023 here.

Himax Technologies saw a decline in short interest in August. As of August 31st, there was short interest totaling 6,740,000 shares, a decline of 5.1% from the August 15th total of 7,100,000 shares. Based on an average daily trading volume, of 912,300 shares, the days-to-cover ratio is presently 7.4 days.
View Himax Technologies' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, November 9th 2023.
View our HIMX earnings forecast.

Himax Technologies, Inc. (NASDAQ:HIMX) announced its quarterly earnings results on Thursday, August, 10th. The semiconductor company reported $0.01 earnings per share for the quarter, beating the consensus estimate of ($0.01) by $0.02. The semiconductor company had revenue of $235 million for the quarter, compared to analyst estimates of $235.60 million. Himax Technologies had a trailing twelve-month return on equity of 9.49% and a net margin of 6.94%. The business's quarterly revenue was down 24.8% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.44 EPS.

Himax Technologies announced an annual dividend on Friday, May 12th. Investors of record on Friday, June 30th will be given a dividend of $0.48 per share on Wednesday, July 12th. This represents a yield of 7.31%. The ex-dividend date of this dividend is Thursday, June 29th.
Read our dividend analysis for HIMX.

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

Himax Technologies (NASDAQ:HIMX) pays an annual dividend of $0.47 per share and currently has a dividend yield of 8.80%. HIMX has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 120.51%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for HIMX.

Himax Technologies issued an update on its third quarter earnings guidance on Thursday, August, 10th. The company provided EPS guidance of $0.02-0.06 for the period, compared to the consensus estimate of $0.04. The company issued revenue guidance of flat to down 7% sequentially to $218.6-235.0 million, compared to the consensus revenue estimate of $261.27 million.

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.

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 number of institutional and retail investors. Top institutional investors include Lazard Asset Management LLC (3.56%), Alliancebernstein L.P. (1.56%), BlackRock Inc. (1.02%), Acadian Asset Management LLC (1.00%), State of Wisconsin Investment Board (0.89%) and State Street Corp (0.79%).
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.
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One share of HIMX stock can currently be purchased for approximately $5.53.

Himax Technologies (NASDAQ:HIMX) has a market capitalization of $964.54 million and generates $1.20 billion in revenue each year. The semiconductor company earns $236.98 million in net income (profit) each year or $0.39 on an earnings per share basis.

The company employs 2,181 workers across the globe.

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.