Himax Technologies - HIMX Stock Forecast, Price & News

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.

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.

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.

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.

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 11th 2023.
View our HIMX earnings forecast.

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.

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.

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).

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.

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.

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.

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).

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

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.

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.
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One share of HIMX stock can currently be purchased for approximately $7.88.

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.

The company employs 2,083 workers across the globe.

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.