NASDAQ:HIMX Himax Technologies - HIMX Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Himax Technologies, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. $7.87 -0.07 (-0.88%) (As of 03/27/2023 12:00 AM ET) Add Compare Share Share Today's Range$7.84▼$8.0650-Day Range$7.20▼$8.6252-Week Range$4.81▼$12.07Volume716,391 shsAverage Volume1.02 million shsMarket Capitalization$1.37 billionP/E Ratio5.83Dividend Yield15.76%Price Target$9.67 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Himax Technologies MarketRank™ ForecastAnalyst RatingHold2.00 Rating ScoreUpside/Downside22.8% Upside$9.67 Price TargetShort InterestBearish4.96% of Shares Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment1.18Based on 4 Articles This WeekInsider TradingN/AProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.92 out of 5 starsComputer And Technology Sector346th out of 614 stocksSemiconductors & Related Devices Industry51st out of 89 stocks 2.0 Analyst's Opinion Consensus RatingHimax Technologies has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 3 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $9.67, Himax Technologies has a forecasted upside of 22.8% from its current price of $7.87.Amount of Analyst CoverageHimax Technologies has received no research coverage in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted4.96% of the outstanding shares of Himax Technologies have been sold short.Short Interest Ratio / Days to CoverHimax Technologies has a short interest ratio ("days to cover") of 8.7.Change versus previous monthShort interest in Himax Technologies has recently increased by 9.77%, indicating that investor sentiment is decreasing significantly. Previous Next 1.7 Dividend Strength Dividend LeadershipHimax Technologies is a leading dividend payer. It pays a dividend yield of 15.62%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthHimax Technologies has only been increasing its dividend for 2 years.Dividend CoverageThe dividend payout ratio of Himax Technologies is 91.85%. Payout ratios above 75% are not desirable because they may not be sustainable. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for HIMX. Previous Next 3.4 News and Social Media Coverage News SentimentHimax Technologies has a news sentiment score of 1.18. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.53 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Himax Technologies this week, compared to 2 articles on an average week.Search Interest52 people have searched for HIMX on MarketBeat in the last 30 days. This is an increase of 58% compared to the previous 30 days.MarketBeat FollowsOnly 9 people have added Himax Technologies to their MarketBeat watchlist in the last 30 days. This is a decrease of -53% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Himax Technologies insiders have not sold or bought any company stock.Percentage Held by Insiders31.50% of the stock of Himax Technologies is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by InstitutionsOnly 16.03% of the stock of Himax Technologies is held by institutions. Previous Next 1.3 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Himax Technologies is 5.83, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 111.78.Price to Earnings Ratio vs. SectorThe P/E ratio of Himax Technologies is 5.83, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 309.58.Price to Book Value per Share RatioHimax Technologies has a P/B Ratio of 1.53. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Himax Technologies (NASDAQ:HIMX) StockHimax Technologies, Inc. is a semiconductor solution provider dedicated to display imaging processing technologies. It operates through the Driver Integrated Circuit and Non-Driver Products segments. The company's products include display drivers, timing controllers, wafer level optics, video and display technology solutions, liquid crystal over silicon silicon, complementary metal-oxide semiconductor image sensor, and power integrated circuit. Its products used in TVs, laptops, monitors, mobile phones, tablets, digital cameras, car navigation, virtual reality (VR) devices and many other consumer electronics devices. Himax Technologies was founded by Biing Seng Wu and Jordan Wu on June 12, 2001 and is headquartered in Tainan, Taiwan.Read More Receive HIMX Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Himax Technologies and its competitors with MarketBeat's FREE daily newsletter. Email Address HIMX Stock News HeadlinesMarch 20, 2023 | marketwatch.comHimax Technologies $HIMX Pivots Trading Plans and Risk ControlsMarch 20, 2023 | finance.yahoo.comHimax to Reveal Ultralow Power WiseEye™ AI Solution for Battery-Powered Home Security at ISC WestMarch 27, 2023 | Behind the Markets (Ad)[BREAKING] New "Living Missile" to Replace Nuclear MissilesCBS News Reports: "It's an entirely new type of weapon." The New York Times Reports: "No existing defense can stop it." And one small company is building them for the Pentagon!March 18, 2023 | finance.yahoo.comHIMX Mar 2023 9.000 callMarch 15, 2023 | thestreet.comHimax Stock To Go Ex-dividend Tomorrow (HIMX)March 13, 2023 | benzinga.comHimax to Display the Benefits of Endpoint AI at Embedded World 2023March 6, 2023 | finance.yahoo.comHimax Technologies, Inc. to Attend 26th Credit Suisse Asian Investment Conference on March 20 – 23, 2023March 6, 2023 | finance.yahoo.comInvesting in Himax Technologies (NASDAQ:HIMX) three years ago would have delivered you a 152% gainMarch 27, 2023 | Behind the Markets (Ad)[BREAKING] New "Living Missile" to Replace Nuclear MissilesCBS News Reports: "It's an entirely new type of weapon." The New York Times Reports: "No existing defense can stop it." And one small company is building them for the Pentagon!March 1, 2023 | finance.yahoo.comHimax Technologies, Inc. to Attend BofA Securities 2023 APAC TMT Conference on March 13 - 17, 2023February 19, 2023 | marketwatch.comHow the price action of Himax Technologies (HIMX) is used to our AdvantageFebruary 17, 2023 | finance.yahoo.comHimax Technologies, Inc. to Attend Susquehanna 12th Annual Technology Conference on March 3, 2023February 10, 2023 | finance.yahoo.comHimax Technologies, Inc. (NASDAQ:HIMX) Q4 2022 Earnings Call TranscriptFebruary 10, 2023 | benzinga.comHimax Technologies, Inc. to Attend Baird 2023...February 10, 2023 | finance.yahoo.comHimax Technologies, Inc. to Attend Baird 2023 Vehicle Technology & Mobility Virtual Conference on February 15, 2023February 9, 2023 | msn.comHimax Technologies Non-GAAP EPS of $0.27 in-line, revenue of $262.2M in-lineFebruary 9, 2023 | markets.businessinsider.comHimax Technologies Issues Q1 Guidance; Q4 Profit Plunges - Quick FactsFebruary 9, 2023 | finance.yahoo.comHimax Technologies, Inc. Reports Fourth Quarter and Full Year 2022 Financial Results; Provides First Quarter 2023 GuidanceFebruary 8, 2023 | msn.comHimax Technologies Earnings PreviewJanuary 19, 2023 | finance.yahoo.comEstimating The Fair Value Of Himax Technologies, Inc. (NASDAQ:HIMX)January 13, 2023 | finance.yahoo.comHimax Technologies, Inc. Schedules Fourth Quarter and Full Year 2022 Financial Results Conference Call on Thursday, February 9, 2023 at 8:00 AM ESTJanuary 12, 2023 | finance.yahoo.comWhy Himax Are Shares Trading Higher TodayJanuary 12, 2023 | finance.yahoo.comHimax Technologies, Inc. Pre-announces Preliminary Unaudited Fourth Quarter and Full Year 2022 Financial ResultsDecember 30, 2022 | finance.yahoo.comHimax Technologies, Inc. to Attend 25th Annual Needham Growth Conference on January 10 – 12, 2023December 29, 2022 | finance.yahoo.comHimax Unites with Seeed Studio to Bring SenseCAP LoRaWAN Vision AI Sensor on Smart Agriculture to CES 2023December 28, 2022 | finance.yahoo.comHimax Technologies, Inc.'s (NASDAQ:HIMX) last week's 6.4% decline must have disappointed individual investors who have a significant stakeDecember 27, 2022 | finance.yahoo.comHimax Partners with Novatek to Unveil Industry Leading Ultralow Power Pre-Roll AI Solution for Battery Surveillance Camera at CES 2023See More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive HIMX Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Himax Technologies and its competitors with MarketBeat's FREE daily newsletter. Email Address HIMX Company Calendar Last Earnings2/09/2023Today3/27/2023Next Earnings (Estimated)5/11/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Semiconductors & related devices Sub-IndustryN/A SectorComputer and Technology Current SymbolNASDAQ:HIMX CUSIPN/A CIK1342338 Webwww.himax.com.tw Phone(866) 505-0880Fax886-2-2314-0877Employees2,083Year Founded2001Price Target and Rating Average Stock Price Forecast$9.67 High Stock Price Forecast$11.00 Low Stock Price Forecast$7.00 Forecasted Upside/Downside+22.7%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$1.35 Trailing P/E Ratio5.84 Forward P/E RatioN/A P/E GrowthN/ANet Income$236.98 million Net Margins19.73% Pretax Margin23.02% Return on Equity29.41% Return on Assets15.02% Debt Debt-to-Equity Ratio0.05 Current Ratio1.93 Quick Ratio1.39 Sales & Book Value Annual Sales$1.20 billion Price / Sales1.14 Cash Flow$1.60 per share Price / Cash Flow4.92 Book Value$5.13 per share Price / Book1.54Miscellaneous Outstanding Shares174,300,000Free Float119,395,000Market Cap$1.37 billion OptionableOptionable Beta2.10 Key ExecutivesJordan WuPresident, Chief Executive Officer & DirectorMing Feng PanChief Financial OfficerTzung I LiChief Investor & Public Relations OfficeKey CompetitorsUltra CleanNASDAQ:UCTTindie SemiconductorNASDAQ:INDIOSI SystemsNASDAQ:OSISPhotronicsNASDAQ:PLABNetlistNASDAQ:NLSTView All CompetitorsInstitutional OwnershipParallax Volatility Advisers L.P.Sold 6,700 shares on 2/27/2023Ownership: 0.000%Alliancebernstein L.P.Sold 120,905 shares on 2/16/2023Ownership: 1.681%Millennium Management LLCSold 3,736 shares on 2/15/2023Ownership: 0.007%Jefferies Financial Group Inc.Bought 10,000 shares on 2/15/2023Ownership: 0.000%Belvedere Trading LLCBought 200 shares on 2/15/2023Ownership: 0.000%View All Institutional Transactions HIMX Stock - Frequently Asked Questions Should I buy or sell Himax Technologies stock right now? 3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Himax Technologies in the last year. 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. What is Himax Technologies' stock price forecast for 2023? 3 equities research analysts have issued 1 year price objectives for Himax Technologies' stock. Their HIMX share price forecasts range from $7.00 to $11.00. On average, they anticipate the company's stock price to reach $9.67 in the next twelve months. This suggests a possible upside of 22.7% 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 2023? Himax Technologies' stock was trading at $6.21 at the beginning of 2023. Since then, HIMX stock has increased by 26.9% and is now trading at $7.88. View the best growth stocks for 2023 here. Are investors shorting Himax Technologies? Himax Technologies saw a increase in short interest during the month of March. As of March 15th, there was short interest totaling 8,650,000 shares, an increase of 9.8% from the February 28th total of 7,880,000 shares. Based on an average daily volume of 1,000,000 shares, the days-to-cover ratio is currently 8.7 days. View Himax Technologies' Short Interest. When is Himax Technologies' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, May 11th 2023. View our HIMX earnings forecast. How were Himax Technologies' earnings last quarter? Himax Technologies, Inc. (NASDAQ:HIMX) announced its quarterly earnings data on Thursday, February, 9th. The semiconductor company reported $0.27 EPS for the quarter, hitting the consensus estimate of $0.27. The semiconductor company had revenue of $262.30 million for the quarter, compared to analysts' expectations of $262.30 million. Himax Technologies had a trailing twelve-month return on equity of 29.41% and a net margin of 19.73%. The business's quarterly revenue was down 42.0% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.85 EPS. 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. Shareholders 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 is Wednesday, June 29th. This is an increase from the stock's previous annual dividend of $0.26. Read our dividend analysis for HIMX. What ETFs hold Himax Technologies' stock? ETFs with the largest weight of Himax Technologies (NASDAQ:HIMX) stock in their portfolio include ProShares Metaverse ETF (VERS), SoFi Web 3 ETF (TWEB), Fidelity Electric Vehicles and Future Transportation ETF (FDRV), Global X SuperDividend ETF (SDIV), SPDR FactSet Innovative Technology ETF (XITK), Invesco Nasdaq Future Gen 200 ETF (QQQS), First Trust S-Network Future Vehicles & Technology ETF (CARZ) and SPDR S&P Kensho New Economies Composite ETF (KOMP). 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 15.62%. 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 91.85%. Payout ratios above 75% are not desirable because they may not be sustainable. Read our dividend analysis for HIMX. What guidance has Himax Technologies issued on next quarter's earnings? Himax Technologies updated its first quarter earnings guidance on Thursday, February, 9th. The company provided earnings per share guidance of $0.07-0.10 for the period, compared to the consensus EPS estimate of $0.12. The company issued revenue guidance of decline 12-17% sequentially to ~$217.7-230.5 million, compared to the consensus revenue estimate of $228.25 million. What is Jordan Wu's approval rating as Himax Technologies' CEO? 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. 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 many different retail and institutional investors. Top institutional shareholders include Lazard Asset Management LLC (1.83%), Alliancebernstein L.P. (1.68%), Marshall Wace LLP (0.78%), Point72 Asset Management L.P. (0.73%), O Shaughnessy Asset Management LLC (0.50%) and CapWealth Advisors LLC (0.48%). 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 $7.88. How much money does Himax Technologies make? Himax Technologies (NASDAQ:HIMX) has a market capitalization of $1.37 billion and generates $1.20 billion in revenue each year. The semiconductor company earns $236.98 million in net income (profit) each year or $1.35 on an earnings per share basis. How many employees does Himax Technologies have? The company employs 2,083 workers across the globe. 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 3/27/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. 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