Himax Technologies - HIMX Stock Forecast, Price & News

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.

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.

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

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.

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.

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.

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.

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.

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 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.

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 $7.16.

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.

The company employs 2,083 workers across the globe.

Himax Technologies was founded in 2001.

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.