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The Five Hottest Calls From The Q2 Earnings Season 
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Buffett's firm buys more Apple, Amazon while betting on oil
Boredom, loneliness plague Ukrainian youth near front line
Norway hits export record amid soaring gas prices
“No Historic Crash Is Coming, What’s NEXT, Is Much Worse…” (PhD Economist) (Ad)
Stocks end higher on Wall Street; economic worries hit oil
Myanmar executions revive pressure for more sanctions
New climate deal spurs hopes of more carbon storage projects
“No Historic Crash Is Coming, What’s NEXT, Is Much Worse…” (PhD Economist) (Ad)
S&P 500   4,297.14
DOW   33,912.44
QQQ   333.06
The Five Hottest Calls From The Q2 Earnings Season 
Shocking Transcript: Financial Chaos Now Brace yourself for what's coming next (Ad)
Buffett's firm buys more Apple, Amazon while betting on oil
Boredom, loneliness plague Ukrainian youth near front line
Norway hits export record amid soaring gas prices
“No Historic Crash Is Coming, What’s NEXT, Is Much Worse…” (PhD Economist) (Ad)
Stocks end higher on Wall Street; economic worries hit oil
Myanmar executions revive pressure for more sanctions
New climate deal spurs hopes of more carbon storage projects
“No Historic Crash Is Coming, What’s NEXT, Is Much Worse…” (PhD Economist) (Ad)
S&P 500   4,297.14
DOW   33,912.44
QQQ   333.06
The Five Hottest Calls From The Q2 Earnings Season 
Shocking Transcript: Financial Chaos Now Brace yourself for what's coming next (Ad)
Buffett's firm buys more Apple, Amazon while betting on oil
Boredom, loneliness plague Ukrainian youth near front line
Norway hits export record amid soaring gas prices
“No Historic Crash Is Coming, What’s NEXT, Is Much Worse…” (PhD Economist) (Ad)
Stocks end higher on Wall Street; economic worries hit oil
Myanmar executions revive pressure for more sanctions
New climate deal spurs hopes of more carbon storage projects
“No Historic Crash Is Coming, What’s NEXT, Is Much Worse…” (PhD Economist) (Ad)
S&P 500   4,297.14
DOW   33,912.44
QQQ   333.06
The Five Hottest Calls From The Q2 Earnings Season 
Shocking Transcript: Financial Chaos Now Brace yourself for what's coming next (Ad)
Buffett's firm buys more Apple, Amazon while betting on oil
Boredom, loneliness plague Ukrainian youth near front line
Norway hits export record amid soaring gas prices
“No Historic Crash Is Coming, What’s NEXT, Is Much Worse…” (PhD Economist) (Ad)
Stocks end higher on Wall Street; economic worries hit oil
Myanmar executions revive pressure for more sanctions
New climate deal spurs hopes of more carbon storage projects
“No Historic Crash Is Coming, What’s NEXT, Is Much Worse…” (PhD Economist) (Ad)
NASDAQ:HIMX

Himax Technologies - HIMX Stock Forecast, Price & News

$7.16
-0.37 (-4.91%)
(As of 08/15/2022 12:00 AM ET)
Add
Compare
Today's Range
$7.15
$7.55
50-Day Range
$6.35
$9.83
52-Week Range
$6.18
$16.50
Volume
3.40 million shs
Average Volume
3.17 million shs
Market Capitalization
$1.25 billion
P/E Ratio
2.80
Dividend Yield
16.47%
Price Target
$9.67

Himax Technologies MarketRank™ Forecast

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
35.0% Upside
$9.67 Price Target
Short Interest
Bearish
10.63% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.26mentions of Himax Technologies in the last 14 days
Based on 13 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.23 out of 5 stars

Computer And Technology Sector

352nd out of 664 stocks

Semiconductors & Related Devices Industry

49th out of 98 stocks

HIMX stock logo

About Himax Technologies (NASDAQ:HIMX) Stock

Himax Technologies, Inc., a fabless semiconductor company, provides display imaging processing technologies in China, Taiwan, the Philippines, Korea, Japan, Europe, and the United States. The company operates through two segments, Driver IC and Non-Driver Products. It offers display driver integrated circuits (ICs) and timing controllers that are used in televisions, laptops, monitors, mobile phones, tablets, automotive, digital cameras, car navigation, virtual reality devices, and other consumer electronic devices. The company also designs and provides controllers for touch sensor displays; in-cell touch and display driver integration single-chip solutions; light-emitting diode driver and power management ICs; and liquid crystal on silicon microdisplays for augmented reality (AR) devices and head-up displays for the automotive industry. In addition, it offers complementary metal-oxide-semiconductor image sensors and wafer-level optics for AR devices, 3D sensing, and ultra-low power AI image sensing, which are used in various applications, such as mobile phones, tablets, laptops, TV, PC camera, automobile, security, medical devices, home appliance, Internet of Things, etc. The company markets its display drivers and display-related products to panel manufacturers, agents or distributors, module manufacturers, and assembly houses; and non-driver products to camera module manufacturers, optical engine manufacturers, and television system manufacturers. Himax Technologies, Inc. was incorporated in 2001 and is headquartered in Tainan City, Taiwan.

Analysts Set New Price Targets

Separately, Credit Suisse Group downgraded Himax Technologies from an "outperform" rating to a "neutral" rating and set a $7.00 price objective for the company. in a research note on Thursday, July 14th.

Himax Technologies Price Performance

Himax Technologies stock traded down $0.33 during mid-day trading on Monday, hitting $7.20. 133,463 shares of the company were exchanged, compared to its average volume of 3,170,856. The company has a debt-to-equity ratio of 0.05, a current ratio of 1.78 and a quick ratio of 1.35. The business's 50 day simple moving average is $7.69 and its two-hundred day simple moving average is $9.34. The company has a market capitalization of $1.25 billion, a P/E ratio of 2.94 and a beta of 1.84. Himax Technologies has a 12-month low of $6.18 and a 12-month high of $16.50.

Himax Technologies (NASDAQ:HIMX - Get Rating) last posted its quarterly earnings data on Thursday, May 12th. The semiconductor company reported $0.70 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.70. Himax Technologies had a return on equity of 54.69% and a net margin of 28.01%. The business had revenue of $412.81 million for the quarter.

Himax Technologies Increases Dividend

The business also recently disclosed an annual dividend, which was paid on Tuesday, July 12th. Shareholders of record on Thursday, June 30th were given a $1.25 dividend. The ex-dividend date of this dividend was Wednesday, June 29th. This is a positive change from Himax Technologies's previous annual dividend of $0.26. This represents a yield of 13.4%. Himax Technologies's dividend payout ratio (DPR) is 48.44%.

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HIMX Stock News Headlines

Himax Technologies Q2 Net Income Declines
Himax Technologies (NASDAQ: HIMX)
5 Largest Companies in Taiwan
HIMX August 26th Options Begin Trading
Himax Technologies Inc ADR - Stock Chart
Upcoming Dividend Run For HIMX?
How To Trade Himax Technologies HIMX
10 Amazing Stocks Under $10 (Part II)
See More Headlines
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HIMX Company Calendar

Last Earnings
11/04/2021
Ex-Dividend for 7/12 Dividend
6/29/2022
Dividend Payable
7/12/2022
Today
8/15/2022
Next Earnings (Estimated)
11/03/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Semiconductors & related devices
Sub-Industry
N/A
Current Symbol
NASDAQ:HIMX
Employees
2,083
Year Founded
2001

Price Target and Rating

Average Stock Price Forecast
$9.67
High Stock Price Forecast
$11.00
Low Stock Price Forecast
$7.00
Forecasted Upside/Downside
+35.0%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
3 Analysts

Profitability

Net Income
$436.90 million
Pretax Margin
34.92%

Debt

Sales & Book Value

Annual Sales
$1.55 billion
Cash Flow
$2.65 per share
Book Value
$5.01 per share

Miscellaneous

Free Float
119,395,000
Market Cap
$1.25 billion
Optionable
Optionable
Beta
1.84

Key Executives

  • Mr. Jordan Wu (Age 61)
    Founder, CEO, Pres & Director
  • Ms. Ming-Feng Pan (Age 52)
    Chief Financial Officer
  • Mr. Tzung-I Li (Age 58)
    Chief of IR/PR Officer & Spokesperson
  • Mr. Norman Hung (Age 64)
    Exec. VP of Sales & Marketing
  • Dr. Biing-Seng Wu (Age 64)
    Founder & Chairman
  • Mr. Greg Falesnik
    Managing Director of Investor Relations - US Representative













HIMX Stock - Frequently Asked Questions

Should I buy or sell Himax Technologies stock right now?

3 Wall Street 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 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.

What is Himax Technologies' stock price forecast for 2022?

3 Wall Street research analysts have issued 12-month target prices for Himax Technologies' stock. 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 35.0% from the stock's current price.
View analysts price targets for HIMX
or view top-rated stocks among Wall Street analysts.

How have HIMX shares performed in 2022?

Himax Technologies' stock was trading at $15.99 at the beginning of the year. Since then, HIMX stock has decreased by 55.2% and is now trading at $7.16.
View the best growth stocks for 2022 here
.

When is Himax Technologies' next earnings date?

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

How were Himax Technologies' earnings last quarter?

Himax Technologies, Inc. (NASDAQ:HIMX) posted its quarterly earnings data on Thursday, November, 4th. The semiconductor company reported $0.68 EPS for the quarter, missing the consensus estimate of $0.80 by $0.12. The semiconductor company had revenue of $420.90 million for the quarter, compared to analyst estimates of $381.97 million. Himax Technologies had a trailing twelve-month return on equity of 54.69% and a net margin of 28.01%. The company's revenue was up 75.4% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.05 earnings per share.

How often does Himax Technologies pay dividends? What is the dividend yield for Himax Technologies?

Himax Technologies announced an annual dividend on Wednesday, May 25th. Stockholders 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 a boost from the stock's previous annual dividend of $0.26.
Read our dividend analysis for HIMX
.

Is Himax Technologies a good dividend stock?

Himax Technologies (NASDAQ:HIMX) pays an annual dividend of $1.24 per share and currently has a dividend yield of 16.47%. HIMX has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 48.44%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for HIMX.

What guidance has Himax Technologies issued on next quarter's earnings?

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.

What is Jordan Wu's approval rating as Himax Technologies' CEO?

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.

What other stocks do shareholders of Himax Technologies own?

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).

What is Himax Technologies' stock symbol?

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

Who are Himax Technologies' major shareholders?

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
.

How do I buy shares of Himax Technologies?

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.

What is Himax Technologies' stock price today?

One share of HIMX stock can currently be purchased for approximately $7.16.

How much money does Himax Technologies make?

Himax Technologies (NASDAQ:HIMX) has a market capitalization of $1.25 billion and generates $1.55 billion in revenue each year. The semiconductor company earns $436.90 million in net income (profit) each year or $2.56 on an earnings per share basis.

How many employees does Himax Technologies have?

The company employs 2,083 workers across the globe.

When was Himax Technologies founded?

Himax Technologies was founded in 2001.

How can I contact Himax Technologies?

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.

This page (NASDAQ:HIMX) was last updated on 8/16/2022 by MarketBeat.com Staff

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