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.
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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.
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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.
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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.

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.

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.

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.

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 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%).
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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 $7.22.

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.

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.