Himax Technologies Company Profile (NASDAQ:HIMX)

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

Himax Technologies declared an annual dividend on Thursday, July 20th. Shareholders of record on Monday, July 31st will be paid a dividend of $0.24 per share on Monday, August 14th. This represents a yield of 2.71%. The ex-dividend date of this dividend is Thursday, July 27th. This is a positive change from Himax Technologies's previous annual dividend of $0.12. View Himax Technologies' Dividend History.

Himax Technologies, Inc. (NASDAQ:HIMX) released its quarterly earnings results on Thursday, May, 11th. The company reported $0.01 earnings per share for the quarter, missing the consensus estimate of $0.02 by $0.01. The firm earned $155.20 million during the quarter, compared to the consensus estimate of $162.26 million. Himax Technologies had a net margin of 2.58% and a return on equity of 4.24%. The firm's quarterly revenue was down 13.9% compared to the same quarter last year. During the same period in the prior year, the business earned $0.08 EPS. View Himax Technologies' Earnings History.

Himax Technologies is scheduled to release their next quarterly earnings announcement on Wednesday, November, 8th 2017. View Earnings Estimates for Himax Technologies.

Himax Technologies updated its third quarter earnings guidance on Thursday, August, 3rd. The company provided EPS guidance of $0.03-0.04 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.04. The company issued revenue guidance of $186.6-197.2, compared to the consensus revenue estimate of $178.63 million.

16 analysts have issued 1 year price objectives for Himax Technologies' stock. Their predictions range from $4.00 to $15.00. On average, they anticipate Himax Technologies' stock price to reach $9.60 in the next twelve months. View Analyst Ratings for Himax Technologies.

Here are some recent quotes from research analysts about Himax Technologies stock:

• 1. According to Zacks Investment Research, "Himax Technologies, Inc. designs, develops and markets semiconductors that are critical components of flat panel displays. The Company's principal products are display drivers for large-sized TFT-LCD panels, which are used in desktop monitors, notebook computers and televisions, and display drivers for small- and medium-sized TFT-LCD panels, which are used in mobile handsets and consumer electronics products such as digital cameras, mobile gaming devices and car navigation displays. In addition, the Company is expanding its product offering to include LCD TV chipset solutions and LCOS microdisplays. " (10/4/2017)
• 2. Robert W. Baird analysts commented, "Challenges for 2017 include the start of a driver IC integration trend in the China large panel supply chain, lack of AR-related revenue and resulting higher opex profile, and TDDI ramp delays. However, new to this call was an incrementally bullish outlook on 3D sensing opportunities starting this second half with customer engagements including in the China smartphone supply chain, and a corresponding ramp in WLO capacity. Given the pushout of previously advertised ramps, we remain on the sidelines for now." (2/16/2017)

Himax Technologies saw a increase in short interest during the month of September. As of September 29th, there was short interest totalling 23,735,265 shares, an increase of 35.2% from the September 15th total of 17,555,654 shares. Based on an average trading volume of 6,841,980 shares, the days-to-cover ratio is presently 3.5 days.

Some companies that are related to Himax Technologies include Vishay Intertechnology (VSH), Tower Semiconductor (TSEM), Sanmina Corporation (SANM), Cree (CREE), Semtech Corporation (SMTC), Rogers Corporation (ROG), Mellanox Technologies (MLNX), Power Integrations (POWI), Cabot Microelectronics Corporation (CCMP), Plexus Corp. (PLXS), Silicon Motion Technology Corporation (SIMO), Ambarella (AMBA), Celestica (CLS), Benchmark Electronics (BHE), Diodes Incorporated (DIOD), Inphi Corporation (IPHI), MaxLinear (MXL) and CEVA (CEVA).

Himax Technologies' management team includes the folowing people:

• Biing-Seng Wu Ph.D., Chairman of the Board
• Jordan Wu, President, Chief Executive Officer, Director
• Jacqueline Chang, Chief Financial Officer
• Norman Hung, Vice President - Sales and Marketing
• Hsiung-Ku Chen, Independent Director
• Yuan-Chuan Horng, Independent Director
• Yan-Kuin Su, Independent Director

Shares of Himax Technologies can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of Himax Technologies stock can currently be purchased for approximately $9.14.