Himax Technologies - HIMX Stock Forecast, Price & News

3 Wall Street 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 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 equities research analysts have issued 12-month price targets for Himax Technologies' shares. Their HIMX share price forecasts range from $7.00 to $11.00. On average, they anticipate the company's share price to reach $9.67 in the next twelve months. This suggests a possible upside of 19.6% 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 at the beginning of 2023. Since then, HIMX shares have increased by 30.1% and is now trading at $8.08.
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Himax Technologies saw a increase in short interest in the month of January. As of January 15th, there was short interest totaling 10,440,000 shares, an increase of 8.8% from the December 31st total of 9,600,000 shares. Based on an average daily volume of 1,110,000 shares, the days-to-cover ratio is presently 9.4 days.
View Himax Technologies' Short Interest.

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

Himax Technologies will be holding an earnings conference call on Thursday, February 9th at 8:00 AM Eastern. Interested parties can register for or listen to the call using this link.

Himax Technologies, Inc. (NASDAQ:HIMX) issued its quarterly earnings results on Thursday, November, 10th. The semiconductor company reported $0.09 EPS for the quarter, missing analysts' consensus estimates of $0.14 by $0.05. The semiconductor company had revenue of $213.63 million for the quarter. Himax Technologies had a trailing twelve-month return on equity of 41.04% and a net margin of 24.24%.

Himax Technologies declared an annual dividend on Wednesday, May 25th. Investors of record on Thursday, June 30th will be paid a dividend of $1.25 per share on Tuesday, July 12th. This represents a yield of 13.4%. The ex-dividend date of this dividend is Wednesday, June 29th. This is an increase 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 15.38%. HIMX has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 64.25%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for HIMX.

Himax Technologies issued an update on its FY 2022 earnings guidance on Thursday, January, 12th. The company provided EPS guidance of $1.58-$1.58 for the period, compared to the consensus estimate of $1.31. The company issued revenue guidance of $1.20 billion-$1.20 billion, compared to the consensus revenue estimate of $1.17 billion.

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 retail and institutional investors. Top institutional shareholders include Ritholtz Wealth Management (0.14%), Clear Harbor Asset Management LLC (0.07%), Jenkins Wealth (0.06%), D Orazio & Associates Inc. (0.01%), Counterpoint Mutual Funds LLC (0.01%) and Kathmere Capital Management LLC (0.01%).
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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 $8.08.

Himax Technologies (NASDAQ:HIMX) has a market capitalization of $1.41 billion and generates $1.55 billion in revenue each year. The semiconductor company earns $436.90 million in net income (profit) each year or $1.93 on an earnings per share basis.

The company employs 2,083 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.