Himax Technologies Company Profile (NASDAQ:HIMX)

About Himax Technologies (NASDAQ:HIMX)

Himax Technologies logoHimax Technologies, Inc. is a fabless semiconductor solution provider. The Company is engaged in display driver integrated circuits (IC) and timing controllers used in televisions, laptops, monitors, mobile phones, tablets, digital cameras, car navigation and other consumer electronics devices. The Company operates through two segments: Driver IC and Non-driver products. In addition, the Company designs and provides controllers for touch sensor displays, liquid crystal on silicon micro-displays used in palm-size projectors and head-mounted displays, light-emitting diode driver ICs, power management ICs, scaler products for monitors and projectors, video processing IC solutions and silicon IPs. It also offers digital camera solutions, including complementary metal-oxide-semiconductor image sensors and wafer level optics, which are used in a range of applications, such as mobile phone, tablet, laptop, televisions, personal computer camera, automobile, security and medical devices.

Industry, Sector and Symbol:
  • Sector: Computer and Technology
  • Industry: Semiconductors
  • Sub-Industry: N/A
  • Symbol: NASDAQ:HIMX
  • CUSIP: N/A
  • Web: www.himax.com.tw
  • Market Cap: $1.58932 billion
  • Outstanding Shares: 172,003,000
Average Prices:
  • 50 Day Moving Avg: $10.30
  • 200 Day Moving Avg: $8.53
  • 52 Week Range: $4.88 - $11.97
  • Trailing P/E Ratio: 86.79
  • Foreward P/E Ratio: 26.30
  • P/E Growth: 2.81
  • Annual Dividend: $0.23
  • Dividend Yield: 2.5%
  • Net Margins: 2.58%
  • Return on Equity: 4.24%
  • Return on Assets: 2.52%
  • Current Ratio: 2.07%
  • Quick Ratio: 1.58%
  • Beta: 0.79

Frequently Asked Questions for Himax Technologies (NASDAQ:HIMX)

What is Himax Technologies' stock symbol?

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

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

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

How were Himax Technologies' earnings last quarter?

Himax Technologies, Inc. (NASDAQ:HIMX) issued its quarterly earnings data on Thursday, May, 11th. The company reported $0.01 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.02 by $0.01. The company had revenue of $155.20 million for 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 company's quarterly revenue was down 13.9% on a year-over-year basis. During the same period in the previous year, the firm posted $0.08 earnings per share. View Himax Technologies' Earnings History.

When will Himax Technologies make its next earnings announcement?

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

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

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

Where is Himax Technologies' stock going? Where will Himax Technologies' stock price be in 2017?

16 brokers have issued 12-month price objectives for Himax Technologies' shares. Their forecasts range from $4.00 to $15.00. On average, they expect Himax Technologies' stock price to reach $9.60 in the next twelve months. View Analyst Ratings for Himax Technologies.

What are analysts saying about Himax Technologies stock?

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)

Are investors shorting Himax Technologies?

Himax Technologies saw a increase in short interest in 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 short-interest ratio is presently 3.5 days.

Who are some of Himax Technologies' key competitors?

Who are Himax Technologies' key executives?

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

How do I buy Himax Technologies stock?

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.

What is Himax Technologies' stock price today?

One share of Himax Technologies stock can currently be purchased for approximately $9.47.

MarketBeat Community Rating for Himax Technologies (NASDAQ HIMX)
Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  323 (Vote Outperform)
Underperform Votes:  308 (Vote Underperform)
Total Votes:  631
MarketBeat's community ratings are surveys of what our community members think about Himax Technologies and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Himax Technologies (NASDAQ:HIMX) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 3 Sell Ratings, 2 Hold Ratings, 11 Buy Ratings
Consensus Rating:Buy (Score: 2.50)
Consensus Price Target: $9.60 (1.40% upside)
Consensus Price Target History for Himax Technologies (NASDAQ:HIMX)
Price Target History for Himax Technologies (NASDAQ:HIMX)
Analysts' Ratings History for Himax Technologies (NASDAQ:HIMX)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
10/13/2017InstinetReiterated RatingBuy$12.00N/AView Rating Details
10/11/2017MizuhoDowngradeBuy -> NeutralN/AView Rating Details
9/28/2017Lake Street CapitalUpgradeHold -> Buy$8.50 -> $13.00LowView Rating Details
9/26/2017Roth CapitalBoost Price TargetBuy -> Buy$10.00 -> $12.00LowView Rating Details
9/14/2017Northland SecuritiesReiterated RatingOutperform$12.00 -> $15.00LowView Rating Details
9/7/2017Oppenheimer Holdings, Inc.Reiterated RatingSell$4.00LowView Rating Details
9/6/2017MacquarieReiterated RatingOutperform$11.00 -> $12.20HighView Rating Details
8/4/2017Credit Suisse GroupUpgradeNeutral -> Buy$11.00MediumView Rating Details
8/4/2017Robert W. BairdUpgradeNeutral -> Outperform$6.00 -> $10.00HighView Rating Details
7/21/2017Rosenblatt SecuritiesDowngradeNeutral -> Sell$7.00 -> $6.00MediumView Rating Details
7/14/2017CIBCReiterated RatingMarket Perform -> Underperform$4.00LowView Rating Details
7/14/2017CannInitiated CoverageBuyLowView Rating Details
5/13/2017NomuraSet Price TargetBuy$9.00LowView Rating Details
3/27/2017Morgan StanleyUpgradeEqual Weight -> Overweight$11.50MediumView Rating Details
1/10/2017Craig HallumDowngradeBuy -> Hold$10.00 -> $7.00N/AView Rating Details
11/2/2016Chardan CapitalReiterated RatingBuyN/AView Rating Details
9/21/2016Brean CapitalReiterated RatingHoldN/AView Rating Details
3/14/2016Topeka Capital MarketsBoost Price TargetBuy$10.00 -> $13.50N/AView Rating Details
(Data available from 10/19/2015 forward)


Earnings History for Himax Technologies (NASDAQ:HIMX)
Earnings by Quarter for Himax Technologies (NASDAQ:HIMX)
Earnings History by Quarter for Himax Technologies (NASDAQ HIMX)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/8/2017$0.04N/AView Earnings Details
5/11/2017Q1 17$0.02$0.01$162.26 million$155.20 millionViewN/AView Earnings Details
2/16/2017Q4 16$0.07$0.03$202.60 million$203.40 millionViewListenView Earnings Details
11/10/2016Q316$0.10$0.08$216.40 million$218.10 millionViewListenView Earnings Details
8/11/2016Q216$0.10$0.12$198.61 million$201.10 millionViewListenView Earnings Details
5/12/2016Q116$0.07$0.08$181.32 million$180.30 millionViewListenView Earnings Details
2/4/2016Q4$0.03$0.04$171.90 million$178.00 millionViewN/AView Earnings Details
11/12/2015Q315$0.01$0.01$156.79 million$165.60 millionViewListenView Earnings Details
8/7/2015Q215$0.05$0.05$172.57 million$169.20 millionViewListenView Earnings Details
5/14/2015Q115$0.07$0.07$182.90 million$179.00 millionViewListenView Earnings Details
2/12/2015Q414$0.09$0.09$225.05 million$227.20 millionViewN/AView Earnings Details
11/13/2014Q314$0.11$0.11$224.70 million$222.30 millionViewN/AView Earnings Details
8/7/2014Q214$0.14$0.14$194.95 million$196.40 millionViewN/AView Earnings Details
5/8/2014Q114$0.09$0.09$194.20 million$194.60 millionViewN/AView Earnings Details
2/19/2014Q413$0.10$0.10$193.31 million$195.20 millionViewN/AView Earnings Details
11/6/2013Q313$0.09$0.07$193.52 million$192.80 millionViewN/AView Earnings Details
8/15/2013Q2 2013$0.12$0.12$208.60 million$207.00 millionViewN/AView Earnings Details
5/7/2013Q1 2013$0.07$0.09$173.79 million$175.70 millionViewN/AView Earnings Details
2/7/2013Q4 2012$0.08$0.09$190.80 million$190.60 millionViewN/AView Earnings Details
11/7/2012Q312$0.07$0.10$189.57 million$190.40 millionViewN/AView Earnings Details
8/8/2012$0.09$0.09ViewN/AView Earnings Details
5/8/2012$0.06$0.07ViewN/AView Earnings Details
2/13/2012$0.03$0.06ViewN/AView Earnings Details
8/9/2011$0.03$0.03ViewN/AView Earnings Details
5/9/2011$0.02$0.02ViewN/AView Earnings Details
2/9/2011$0.05$0.07ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for Himax Technologies (NASDAQ:HIMX)
2017 EPS Consensus Estimate: $0.35
2018 EPS Consensus Estimate: $0.50
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20174$0.01$0.09$0.05
Q2 20174$0.03$0.11$0.06
Q3 20173$0.08$0.14$0.11
Q4 20174$0.11$0.15$0.14
Q1 20181$0.11$0.11$0.11
Q2 20181$0.12$0.12$0.12
Q3 20181$0.13$0.13$0.13
Q4 20181$0.14$0.14$0.14
(Data provided by Zacks Investment Research)


Current Dividend Information for Himax Technologies (NASDAQ:HIMX)
Most Recent Dividend:8/14/2017
Annual Dividend:$0.23
Dividend Yield:2.43%
Payout Ratio:191.68% (Trailing 12 Months of Earnings)
209.09% (Based on This Year's Estimates)
63.89% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Himax Technologies (NASDAQ:HIMX)

Dividend History by Quarter for Himax Technologies (NASDAQ HIMX)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Himax Technologies (NASDAQ:HIMX)
Insider Ownership Percentage: 31.50%
Institutional Ownership Percentage: 21.70%
Insider Trades by Quarter for Himax Technologies (NASDAQ:HIMX)
Institutional Ownership by Quarter for Himax Technologies (NASDAQ:HIMX)
Insider Trades by Quarter for Himax Technologies (NASDAQ:HIMX)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
3/10/2016Eileen CampbellInsiderSell1,865$31.29$58,355.85
3/8/2016Mark WeltonInsiderSell5,039$31.29$157,670.31
2/1/2016Robert D ListerInsiderSell11,750$30.80$361,841.25
1/4/2016Robert D ListerInsiderSell11,750$34.05$400,087.50
12/17/2015Mark WeltonInsiderSell15,000$39.08$586,240.50
12/16/2015Richard L GelfondDirectorSell33,334$39.58$1,319,209.72
12/15/2015Richard L GelfondDirectorSell33,333$39.03$1,301,096.99
12/1/2015Robert D ListerInsiderSell11,750$38.18$448,620.88
11/13/2015Kevin DouglasInsiderSell100,000$37.69$3,768,840.00
11/12/2015Kevin DouglasInsiderSell150,000$39.05$5,857,620.00
11/11/2015Kevin DouglasInsiderSell100,000$39.42$3,941,600.00
11/11/2015Richard L GelfondDirectorSell33,334$39.42$1,313,896.28
11/10/2015Richard L GelfondDirectorSell33,333$39.27$1,309,073.58
11/5/2015Brian BonnickInsiderSell76,900$38.68$2,974,868.81
11/3/2015Bradley J WechslerDirectorSell7,500$38.91$291,836.25
11/2/2015Mark WeltonInsiderSell25,000$38.55$963,820.00
10/30/2015Carrie Lindzon-JacobsInsiderSell3,537$38.67$136,775.79
10/1/2015Robert D ListerInsiderSell11,750$32.77$384,989.93
9/2/2015Richard L GelfondDirectorSell8,382$30.35$254,393.70
(Data available from 1/1/2013 forward)


Headline Trends for Himax Technologies (NASDAQ:HIMX)
Latest Headlines for Himax Technologies (NASDAQ:HIMX)
americanbankingnews.com logoHimax Technologies, Inc. (HIMX) Expected to Post Quarterly Sales of $191.29 Million
www.americanbankingnews.com - October 16 at 2:54 AM
americanbankingnews.com logoHimax Technologies, Inc. (HIMX) Receives Consensus Recommendation of "Buy" from Analysts
www.americanbankingnews.com - October 15 at 5:10 AM
americanbankingnews.com logoHimax Technologies' (HIMX) Buy Rating Reaffirmed at Instinet
www.americanbankingnews.com - October 13 at 11:20 PM
nasdaq.com logoPre-Market Most Active for Oct 11, 2017 : MU, MNKD, GSK, GE, QQQ, TVIX, ROKU, SNAP, NOK, HIMX, SNN, BABA - Nasdaq
www.nasdaq.com - October 12 at 5:50 AM
americanbankingnews.com logoHimax Technologies, Inc. (HIMX) Short Interest Up 35.2% in September
www.americanbankingnews.com - October 12 at 1:14 AM
americanbankingnews.com logoHimax Technologies, Inc. (HIMX) Downgraded by Mizuho
www.americanbankingnews.com - October 11 at 11:38 AM
feeds.benzinga.com logoMid-Afternoon Market Update: KalVista Surges On Collaboration Deal With Merck; Izea Shares Plunge
feeds.benzinga.com - October 10 at 3:17 PM
americanbankingnews.com logoHimax Technologies Sees Unusually High Options Volume (HIMX)
www.americanbankingnews.com - October 5 at 1:48 AM
americanbankingnews.com logoComparing NXP Semiconductors N.V. (NXPI) & Himax Technologies (HIMX)
www.americanbankingnews.com - October 2 at 8:34 AM
nasdaq.com logoHimax Technologies Reaches Analyst Target Price
www.nasdaq.com - September 28 at 10:45 AM
americanbankingnews.com logoHimax Technologies, Inc. (HIMX) Stock Rating Upgraded by Lake Street Capital
www.americanbankingnews.com - September 28 at 8:48 AM
americanbankingnews.com logoShort Interest in Himax Technologies, Inc. (HIMX) Rises By 26.5%
www.americanbankingnews.com - September 28 at 2:20 AM
nasdaq.com logoQualcomm Snapdragon Processor to Power ASUS ZenFone 4 Series - Nasdaq
www.nasdaq.com - September 27 at 10:54 PM
globenewswire.com logoHimax Technologies Announces Disposal of Investment - GlobeNewswire (press release)
globenewswire.com - September 27 at 10:54 PM
zacks.com logoQualcomm Snapdragon Processor to Power ASUS ZenFone 4 Series
www.zacks.com - September 27 at 5:51 PM
americanbankingnews.com logoInstinet Reiterates Buy Rating for Himax Technologies, Inc. (HIMX)
www.americanbankingnews.com - September 26 at 8:56 PM
americanbankingnews.com logoRoth Capital Raises Himax Technologies, Inc. (HIMX) Price Target to $12.00
www.americanbankingnews.com - September 26 at 11:50 AM
streetinsider.com logoHimax Technologies (HIMX) to Dispose of Investments with $23M Pre-Tax Gain - StreetInsider.com
www.streetinsider.com - September 26 at 11:10 AM
americanbankingnews.com logo$0.04 Earnings Per Share Expected for Himax Technologies, Inc. (HIMX) This Quarter
www.americanbankingnews.com - September 26 at 12:26 AM
finance.yahoo.com logoNegative Seasonality May Finally Be Kicking In
finance.yahoo.com - September 22 at 12:39 PM
americanbankingnews.com logoHimax Technologies, Inc. (HIMX) Given Consensus Rating of "Hold" by Brokerages
www.americanbankingnews.com - September 20 at 4:44 AM
americanbankingnews.com logoHimax Technologies, Inc. (HIMX) Raised to "Strong-Buy" at Vetr Inc.
www.americanbankingnews.com - September 20 at 12:46 AM
americanbankingnews.com logoShort Interest in Himax Technologies, Inc. (HIMX) Decreases By 8.6%
www.americanbankingnews.com - September 15 at 1:02 AM
americanbankingnews.com logoHimax Technologies' (HIMX) "Outperform" Rating Reaffirmed at Northland Securities
www.americanbankingnews.com - September 14 at 11:07 AM
finance.yahoo.com logoVetr Downgrades Himax After Price Rebounds
finance.yahoo.com - September 11 at 7:53 PM
americanbankingnews.com logoHimax Technologies, Inc. (HIMX) Stock Rating Reaffirmed by Oppenheimer Holdings, Inc.
www.americanbankingnews.com - September 10 at 12:34 AM
americanbankingnews.com logoHimax Technologies, Inc. (HIMX) Expected to Announce Quarterly Sales of $191.29 Million
www.americanbankingnews.com - September 9 at 5:12 PM
globenewswire.com logoHimax Technologies, Inc. Responds to Analyst Report - GlobeNewswire (press release)
globenewswire.com - September 9 at 1:02 AM
americanbankingnews.com logoHimax Technologies Target of Unusually Large Options Trading (HIMX)
www.americanbankingnews.com - September 8 at 1:24 AM
americanbankingnews.com logo Analysts Expect Himax Technologies, Inc. (HIMX) to Post $0.04 Earnings Per Share
www.americanbankingnews.com - September 7 at 10:02 AM
americanbankingnews.com logoHimax Technologies, Inc. (HIMX) Given "Outperform" Rating at Macquarie
www.americanbankingnews.com - September 6 at 9:33 AM
streetinsider.com logoHimax Technologies (HIMX) PT Raised to $12.20 at Macquarie (Friday) - StreetInsider.com
www.streetinsider.com - September 6 at 5:34 AM
fool.com logoWhy Himax Technologies, Inc. Popped 19% in August -- The Motley ... - Motley Fool
www.fool.com - September 6 at 5:34 AM
americanbankingnews.com logoRoth Capital Reaffirms "Buy" Rating for Himax Technologies, Inc. (HIMX)
www.americanbankingnews.com - September 5 at 10:28 PM
fool.com logoWhy Himax Technologies, Inc. Popped 19% in August
www.fool.com - September 5 at 2:31 PM
nasdaq.com logoHimax Technologies (HIMX) Catches Eye: Stock Up 6.2% - Nasdaq
www.nasdaq.com - September 1 at 7:49 PM
streetinsider.com logoHimax Technologies (HIMX), Qualcomm (QCOM) Announce 3D Depth Sensing Collaboration
www.streetinsider.com - August 31 at 5:32 AM
finance.yahoo.com logoGet Ready For 3D Cameras In Smartphones
finance.yahoo.com - August 31 at 5:32 AM
americanbankingnews.com logoHimax Technologies, Inc. (HIMX) Sees Significant Decrease in Short Interest
www.americanbankingnews.com - August 27 at 4:28 AM
americanbankingnews.com logoHead-To-Head Survey: Advanced Semiconductor Engineering (ASX) & Himax Technologies (HIMX)
www.americanbankingnews.com - August 27 at 12:28 AM
americanbankingnews.com logoHimax Technologies, Inc. (HIMX) Receives Average Recommendation of "Hold" from Analysts
www.americanbankingnews.com - August 26 at 4:34 AM
globenewswire.com logoHimax Technologies, Inc. to Attend Credit Suisse 18th Annual Asian Technology Conference on September 6th- 8th ... - GlobeNewswire (press release)
globenewswire.com - August 22 at 4:47 AM
feeds.benzinga.com logoHimax Technologies, Inc. to Attend Credit Suisse 18th Annual Asian Technology Conference on September 6th- 8th, 2017
feeds.benzinga.com - August 21 at 6:13 AM
finance.yahoo.com logoHimax Technologies, Inc. to Attend Jefferies Semiconductor, Hardware and Communications Infrastructure Summit on August 29th – 30th, 2017
finance.yahoo.com - August 18 at 4:06 AM
americanbankingnews.com logoHimax Technologies, Inc. (HIMX) Short Interest Update
www.americanbankingnews.com - August 11 at 9:24 AM
benzinga.com logoJim Cramer Weighs In On Himax Technologies And Ferrari - Benzinga
www.benzinga.com - August 8 at 7:08 PM
americanbankingnews.com logoHimax Technologies, Inc. (NASDAQ:HIMX) Stock Rating Upgraded by Robert W. Baird
www.americanbankingnews.com - August 7 at 12:56 AM
americanbankingnews.com logoCredit Suisse Group Upgrades Himax Technologies, Inc. (NASDAQ:HIMX) to "Buy"
www.americanbankingnews.com - August 6 at 8:28 PM
americanbankingnews.com logoNorthland Securities Reaffirms "Buy" Rating for Himax Technologies, Inc. (NASDAQ:HIMX)
www.americanbankingnews.com - August 5 at 12:56 PM
finance.yahoo.com logoEdited Transcript of HIMX earnings conference call or presentation 3-Aug-17 12:00pm GMT
finance.yahoo.com - August 4 at 5:32 AM



Himax Technologies (HIMX) Chart for Thursday, October, 19, 2017

This page was last updated on 10/19/2017 by MarketBeat.com Staff

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