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Can You Guess Which EV Stock Is Beating Tesla ?
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NASDAQ:HIMX

Himax Technologies - HIMX Stock Forecast, Price & News

$7.22
+0.14 (+1.98%)
(As of 08/11/2022 12:00 AM ET)
Add
Compare
Today's Range
$6.66
$7.75
50-Day Range
$6.35
$9.83
52-Week Range
$6.18
$16.50
Volume
5.43 million shs
Average Volume
1.94 million shs
Market Capitalization
$1.26 billion
P/E Ratio
2.60
Dividend Yield
17.51%
Price Target
$9.67

Himax Technologies MarketRank™ Forecast

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
33.9% 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
0.02mentions of Himax Technologies in the last 14 days
Based on 10 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.

2.21 out of 5 stars

Computer And Technology Sector

339th out of 658 stocks

Semiconductors & Related Devices Industry

50th out of 97 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.

Wall Street Analysts Forecast Growth

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

Himax Technologies Trading Up 2.0 %

Shares of NASDAQ:HIMX opened at $7.22 on Friday. The company has a current ratio of 2.13, a quick ratio of 1.74 and a debt-to-equity ratio of 0.05. The stock has a market capitalization of $1.26 billion, a PE ratio of 2.60 and a beta of 1.84. Himax Technologies has a twelve month low of $6.18 and a twelve month high of $16.50. The stock has a fifty day simple moving average of $7.73 and a 200-day simple moving average of $9.38.

Himax Technologies (NASDAQ:HIMX - Get Rating) last released its earnings results on Thursday, May 12th. The semiconductor company reported $0.70 earnings per share for the quarter, meeting the consensus estimate of $0.70. The company had revenue of $412.81 million during the quarter. Himax Technologies had a return on equity of 62.49% and a net margin of 29.43%.

Himax Technologies Increases Dividend

The firm also recently announced an annual dividend, which was paid on Tuesday, July 12th. Shareholders of record on Thursday, June 30th were issued a dividend of $1.25 per share. The ex-dividend date 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 is 44.60%.

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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)
Read How Himax Technologies Fared In Q1
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
8/12/2022
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
+33.9%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
3 Analysts

Profitability

Net Income
$436.90 million
Pretax Margin
36.65%

Debt

Sales & Book Value

Annual Sales
$1.55 billion
Cash Flow
$2.84 per share
Book Value
$5.01 per share

Miscellaneous

Free Float
119,395,000
Market Cap
$1.26 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 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 2022?

3 Wall Street analysts have issued twelve-month price targets for Himax Technologies' stock. Their HIMX share price forecasts range from $7.00 to $11.00. On average, they expect the company's share price to reach $9.67 in the next twelve months. This suggests a possible upside of 33.9% 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 shares have decreased by 54.8% and is now trading at $7.22.
View the best growth stocks for 2022 here
.

How were Himax Technologies' earnings last quarter?

Himax Technologies, Inc. (NASDAQ:HIMX) announced its quarterly earnings results on Thursday, November, 4th. The semiconductor company reported $0.68 EPS for the quarter, missing analysts' consensus estimates 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 62.49% and a net margin of 29.43%. The business's revenue for the quarter was up 75.4% on a year-over-year basis. During the same quarter last year, the company earned $0.05 EPS.

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

Himax Technologies declared 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 dividend 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
.

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 17.51%. HIMX has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 44.60%. 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 second quarter 2022 earnings guidance on Tuesday, July, 19th. The company provided earnings per share guidance of $0.40-$0.45 for the period. The company issued revenue guidance of $301.35 million-$321.99 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 number of retail and institutional investors. Top institutional shareholders 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 $7.22.

How much money does Himax Technologies make?

Himax Technologies (NASDAQ:HIMX) has a market capitalization of $1.26 billion and generates $1.55 billion in revenue each year. The semiconductor company earns $436.90 million in net income (profit) each year or $2.78 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 8/12/2022 by MarketBeat.com Staff

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