Himax Technologies Company Profile (NASDAQ:HIMX)

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

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

Himax Technologies, Inc. (NASDAQ:HIMX) posted its quarterly earnings results on Thursday, May, 11th. The company reported $0.01 EPS for the quarter, missing analysts' consensus estimates of $0.02 by $0.01. The business earned $155.20 million during the quarter, compared to analyst estimates of $162.26 million. Himax Technologies had a net margin of 2.58% and a return on equity of 4.24%. Himax Technologies's quarterly revenue was down 13.9% compared to the same quarter last year. During the same quarter last year, the business posted $0.08 EPS. View Himax Technologies' Earnings History.

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

17 brokerages have issued 1 year target prices for Himax Technologies' shares. Their forecasts range from $4.00 to $12.00. On average, they expect Himax Technologies' stock price to reach $8.50 in the next twelve months. View Analyst Ratings for Himax Technologies.

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. " (8/2/2017)
• 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)

Himax Technologies saw a increase in short interest in July. As of July 31st, there was short interest totalling 18,842,180 shares, an increase of 15.0% from the July 14th total of 16,390,930 shares. Based on an average daily volume of 3,552,634 shares, the days-to-cover ratio is presently 5.3 days.

Some companies that are related to Himax Technologies include Sanmina Corporation (SANM), Vishay Intertechnology (VSH), Semtech Corporation (SMTC), Tower Semiconductor (TSEM), Cree (CREE), Mellanox Technologies (MLNX), Rogers Corporation (ROG), Power Integrations (POWI), Cabot Microelectronics Corporation (CCMP), Ambarella (AMBA), Plexus Corp. (PLXS), Celestica (CLS), Benchmark Electronics (BHE), Inphi Corporation (IPHI), Silicon Motion Technology Corporation (SIMO), MaxLinear (MXL), Diodes Incorporated (DIOD) and Veeco Instruments (VECO).

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

Himax Technologies' stock is owned by many different of retail and institutional investors. Top institutional shareholders include TENG WHEI-LAN (6.14%), FMR LLC (5.26%), WU JORDAN (2.12%), Kayak Investment Partners LLC (0.00%), Quentec Asset Management LLC (0.00%) and Dalton Investments LLC (1.13%). Company insiders that own Himax Technologies stock include Bradley J Wechsler, Brian Bonnick, Carrie Lindzon-Jacobs, Eileen Campbell, Kevin Douglas, Mark Welton, Richard L Gelfond and Robert D Lister. View Institutional Ownership Trends for Himax Technologies.

Himax Technologies' stock was sold by a variety of institutional investors in the last quarter, including Baillie Gifford & Co., JPMorgan Chase & Co., Quentec Asset Management LLC, Parallax Volatility Advisers L.P., Profit Investment Management LLC and FNY Partners Fund LP. View Insider Buying and Selling for Himax Technologies.

Himax Technologies' stock was bought by a variety of institutional investors in the last quarter, including FMR LLC, Dalton Investments LLC, Kayak Investment Partners LLC, Verition Fund Management LLC, Cascade Investment Advisors Inc., Bayesian Capital Management LP, Bank of New York Mellon Corp and Clear Harbor Asset Management LLC. View Insider Buying and Selling for Himax Technologies.

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.

One share of Himax Technologies stock can currently be purchased for approximately $8.33.