Himax Technologies, Inc. is a fabless semiconductor solution provider. The Company is engaged in display driver integrated circuits (IC) and timing controllers used in televisions, laptops, monitors, mobile phones, tablets, digital cameras, car navigation and other consumer electronics devices. The Company operates through two segments: Driver IC and Non-driver products. In addition, the Company designs and provides controllers for touch sensor displays, liquid crystal on silicon micro-displays used in palm-size projectors and head-mounted displays, light-emitting diode driver ICs, power management ICs, scaler products for monitors and projectors, video processing IC solutions and silicon IPs. It also offers digital camera solutions, including complementary metal-oxide-semiconductor image sensors and wafer level optics, which are used in a range of applications, such as mobile phone, tablet, laptop, televisions, personal computer camera, automobile, security and medical devices.
Industry, Sector and Symbol:
- Sector: Computer and Technology
- Industry: Semiconductors
- Sub-Industry: N/A
- Symbol: NASDAQ:HIMX
- CUSIP: N/A
- Web: www.himax.com.tw
- 52 Week Range: $4.88 - $11.97
- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: 25.68
- P/E Growth: 0.000
- Annual Dividend: $0.23
- Dividend Yield: 2.3%
- Net Margins: 2.58%
- Return on Equity: 4.24%
- Return on Assets: 2.52%
- Current Ratio: 2.07%
- Quick Ratio: 1.58%
Frequently Asked Questions for Himax Technologies (NASDAQ:HIMX)
What is Himax Technologies' stock symbol?
Himax Technologies trades on the NASDAQ under the ticker symbol "HIMX."
How often does Himax Technologies pay dividends? What is the dividend yield for Himax Technologies?
Himax Technologies declared 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 is Thursday, July 27th. This is a positive change from Himax Technologies's previous annual dividend of $0.12. View Himax Technologies' Dividend History.
How were Himax Technologies' earnings last quarter?
Himax Technologies, Inc. (NASDAQ:HIMX) issued its quarterly earnings results on Thursday, May, 11th. The company reported $0.01 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.02 by $0.01. The firm had revenue of $155.20 million for the quarter, compared to analysts' expectations of $162.26 million. Himax Technologies had a net margin of 2.58% and a return on equity of 4.24%. The firm's revenue for the quarter was down 13.9% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.08 earnings per share. View Himax Technologies' Earnings History.
When will Himax Technologies make its next earnings announcement?
What guidance has Himax Technologies issued on next quarter's earnings?
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 earnings per share estimate of $0.04. The company issued revenue guidance of $186.6-197.2, compared to the consensus revenue estimate of $178.63 million.
Where is Himax Technologies' stock going? Where will Himax Technologies' stock price be in 2017?
16 equities research analysts have issued twelve-month target prices for Himax Technologies' shares. Their predictions range from $4.00 to $15.00. On average, they expect Himax Technologies' stock price to reach $8.85 in the next year. View Analyst Ratings for Himax Technologies.
What are analysts saying about Himax Technologies stock?
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)
Are investors shorting Himax Technologies?
Himax Technologies saw a decrease in short interest in August. As of August 31st, there was short interest totalling 13,872,948 shares, a decrease of 8.6% from the August 15th total of 15,175,280 shares. Based on an average trading volume of 3,231,938 shares, the days-to-cover ratio is presently 4.3 days.
Who are some of Himax Technologies' key competitors?
Some companies that are related to Himax Technologies include Taiwan Semiconductor Mfg. Co. (TSM), Intel Corporation (INTC), NVIDIA Corporation (NVDA), Broadcom Limited (AVGO), Texas Instruments Incorporated (TXN), Micron Technology (MU), NXP Semiconductors N.V. (NXPI), Analog Devices (ADI), Microchip Technology Incorporated (MCHP), STMicroelectronics N.V. (STM), Xilinx (XLNX), Maxim Integrated Products (MXIM), Advanced Micro Devices (AMD), Freescale Semiconductor Ltd (FSL), Advanced Semiconductor Engineering (ASX), Marvell Technology Group (MRVL), Flextronics International (FLEX) and ON Semiconductor Corporation (ON).
Who are Himax Technologies' key executives?
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
Who owns Himax Technologies stock?
Himax Technologies' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include FMR LLC (5.26%), Kayak Investment Partners LLC (0.00%), Quentec Asset Management LLC (0.00%), Dalton Investments LLC (1.13%), JPMorgan Chase & Co. (0.89%) and Yiheng Capital LLC (0.00%). 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.
Who sold Himax Technologies stock? Who is selling Himax Technologies stock?
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.
Who bought Himax Technologies stock? Who is buying Himax Technologies stock?
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, USA Financial Portformulas Corp, Cascade Investment Advisors Inc., Bayesian Capital Management LP and Bank of New York Mellon Corp. View Insider Buying and Selling for Himax Technologies.
How do I buy Himax Technologies stock?
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.
What is Himax Technologies' stock price today?
MarketBeat Community Rating for Himax Technologies (NASDAQ HIMX)MarketBeat's community ratings are surveys of what our community members think about Himax Technologies and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of Himax Technologies stock can currently be purchased for approximately $9.50.
Consensus Ratings for Himax Technologies (NASDAQ:HIMX) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||3 Sell Ratings, 2 Hold Ratings, 11 Buy Ratings|
|Consensus Rating:||Buy (Score: 2.50)|
|Consensus Price Target: ||$8.85 (6.84% downside)|
Analysts' Ratings History for Himax Technologies (NASDAQ:HIMX)
(Data available from 9/25/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|9/14/2017||Northland Securities||Reiterated Rating||Outperform||$12.00 -> $15.00||Low|
|9/7/2017||Oppenheimer Holdings, Inc.||Reiterated Rating||Sell||$4.00||Low|
|9/6/2017||Macquarie||Reiterated Rating||Outperform||$11.00 -> $12.20||High|
|9/5/2017||Roth Capital||Reiterated Rating||Buy||$10.00||High|
|8/4/2017||Credit Suisse Group||Upgrade||Neutral -> Buy||$11.00||Medium|
|8/4/2017||Robert W. Baird||Upgrade||Neutral -> Outperform||$6.00 -> $10.00||High|
|7/21/2017||Rosenblatt Securities||Downgrade||Neutral -> Sell||$7.00 -> $6.00||Medium|
|7/14/2017||CIBC||Reiterated Rating||Market Perform -> Underperform||$4.00||Low|
|5/13/2017||Nomura||Set Price Target||Buy||$9.00||Low|
|5/11/2017||Lake Street Capital||Downgrade||Buy -> Hold||$7.50||High|
|3/27/2017||Morgan Stanley||Upgrade||Equal Weight -> Overweight||$11.50||Medium|
|3/9/2017||Mizuho||Upgrade||Neutral -> Buy||N/A|
|2/21/2017||Instinet||Upgrade||Neutral -> Buy||$7.70 -> $9.00||N/A|
|1/10/2017||Craig Hallum||Downgrade||Buy -> Hold||$10.00 -> $7.00||N/A|
|11/2/2016||Chardan Capital||Reiterated Rating||Buy||N/A|
|9/21/2016||Brean Capital||Reiterated Rating||Hold||N/A|
|3/14/2016||Topeka Capital Markets||Boost Price Target||Buy||$10.00 -> $13.50||N/A|
Earnings History for Himax Technologies (NASDAQ:HIMX)Earnings History by Quarter for Himax Technologies (NASDAQ HIMX)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|5/11/2017||Q1 17||$0.02||$0.01||$162.26 million||$155.20 million||View||N/A|
|2/16/2017||Q4 16||$0.07||$0.03||$202.60 million||$203.40 million||View||Listen|
|11/10/2016||Q316||$0.10||$0.08||$216.40 million||$218.10 million||View||Listen|
|8/11/2016||Q216||$0.10||$0.12||$198.61 million||$201.10 million||View||Listen|
|5/12/2016||Q116||$0.07||$0.08||$181.32 million||$180.30 million||View||Listen|
|2/4/2016||Q4||$0.03||$0.04||$171.90 million||$178.00 million||View||N/A|
|11/12/2015||Q315||$0.01||$0.01||$156.79 million||$165.60 million||View||Listen|
|8/7/2015||Q215||$0.05||$0.05||$172.57 million||$169.20 million||View||Listen|
|5/14/2015||Q115||$0.07||$0.07||$182.90 million||$179.00 million||View||Listen|
|2/12/2015||Q414||$0.09||$0.09||$225.05 million||$227.20 million||View||N/A|
|11/13/2014||Q314||$0.11||$0.11||$224.70 million||$222.30 million||View||N/A|
|8/7/2014||Q214||$0.14||$0.14||$194.95 million||$196.40 million||View||N/A|
|5/8/2014||Q114||$0.09||$0.09||$194.20 million||$194.60 million||View||N/A|
|2/19/2014||Q413||$0.10||$0.10||$193.31 million||$195.20 million||View||N/A|
|11/6/2013||Q313||$0.09||$0.07||$193.52 million||$192.80 million||View||N/A|
|8/15/2013||Q2 2013||$0.12||$0.12||$208.60 million||$207.00 million||View||N/A|
|5/7/2013||Q1 2013||$0.07||$0.09||$173.79 million||$175.70 million||View||N/A|
|2/7/2013||Q4 2012||$0.08||$0.09||$190.80 million||$190.60 million||View||N/A|
|11/7/2012||Q312||$0.07||$0.10||$189.57 million||$190.40 million||View||N/A|
Earnings Estimates for Himax Technologies (NASDAQ:HIMX)
2017 EPS Consensus Estimate: $0.35
2018 EPS Consensus Estimate: $0.50
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Current Dividend Information for Himax Technologies (NASDAQ:HIMX)
|Most Recent Dividend:||8/14/2017|
|Payout Ratio:||191.68% (Trailing 12 Months of Earnings) |
209.09% (Based on This Year's Estimates)
62.16% (Based on Next Year's Estimates)
Dividend History by Quarter for Himax Technologies (NASDAQ HIMX)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Himax Technologies (NASDAQ:HIMX)
Institutional Ownership Percentage: 21.70%Insider Trades by Quarter for Himax Technologies (NASDAQ:HIMX)
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|2/1/2016||Robert D Lister||Insider||Sell||11,750||$30.80||$361,841.25|
|1/4/2016||Robert D Lister||Insider||Sell||11,750||$34.05||$400,087.50|
|12/16/2015||Richard L Gelfond||Director||Sell||33,334||$39.58||$1,319,209.72|
|12/15/2015||Richard L Gelfond||Director||Sell||33,333||$39.03||$1,301,096.99|
|12/1/2015||Robert D Lister||Insider||Sell||11,750||$38.18||$448,620.88|
|11/11/2015||Richard L Gelfond||Director||Sell||33,334||$39.42||$1,313,896.28|
|11/10/2015||Richard L Gelfond||Director||Sell||33,333||$39.27||$1,309,073.58|
|11/3/2015||Bradley J Wechsler||Director||Sell||7,500||$38.91||$291,836.25|
|10/1/2015||Robert D Lister||Insider||Sell||11,750||$32.77||$384,989.93|
|9/2/2015||Richard L Gelfond||Director||Sell||8,382||$30.35||$254,393.70|
Headline Trends for Himax Technologies (NASDAQ:HIMX)
Latest Headlines for Himax Technologies (NASDAQ:HIMX)
|Negative Seasonality May Finally Be Kicking In|
finance.yahoo.com - September 22 at 12:39 PM
|Himax Technologies, Inc. (HIMX) Given Consensus Rating of "Hold" by Brokerages|
www.americanbankingnews.com - September 20 at 4:44 AM
|Himax Technologies, Inc. (HIMX) Raised to "Strong-Buy" at Vetr Inc.|
www.americanbankingnews.com - September 20 at 12:46 AM
|Short Interest in Himax Technologies, Inc. (HIMX) Decreases By 8.6%|
www.americanbankingnews.com - September 15 at 1:02 AM
|Himax Technologies' (HIMX) "Outperform" Rating Reaffirmed at Northland Securities|
www.americanbankingnews.com - September 14 at 11:07 AM
|Vetr Downgrades Himax After Price Rebounds|
finance.yahoo.com - September 11 at 7:53 PM
|Himax Technologies, Inc. (HIMX) Stock Rating Reaffirmed by Oppenheimer Holdings, Inc.|
www.americanbankingnews.com - September 10 at 12:34 AM
|Himax Technologies, Inc. (HIMX) Expected to Announce Quarterly Sales of $191.29 Million|
www.americanbankingnews.com - September 9 at 5:12 PM
|Himax Technologies, Inc. Responds to Analyst Report - GlobeNewswire (press release)|
globenewswire.com - September 9 at 1:02 AM
|Himax Technologies Target of Unusually Large Options Trading (HIMX)|
www.americanbankingnews.com - September 8 at 1:24 AM
| Analysts Expect Himax Technologies, Inc. (HIMX) to Post $0.04 Earnings Per Share|
www.americanbankingnews.com - September 7 at 10:02 AM
|Himax Technologies, Inc. (HIMX) Given "Outperform" Rating at Macquarie|
www.americanbankingnews.com - September 6 at 9:33 AM
|Himax Technologies (HIMX) PT Raised to $12.20 at Macquarie (Friday) - StreetInsider.com|
www.streetinsider.com - September 6 at 5:34 AM
|Why Himax Technologies, Inc. Popped 19% in August -- The Motley ... - Motley Fool|
www.fool.com - September 6 at 5:34 AM
|Roth Capital Reaffirms "Buy" Rating for Himax Technologies, Inc. (HIMX)|
www.americanbankingnews.com - September 5 at 10:28 PM
|Why Himax Technologies, Inc. Popped 19% in August |
www.fool.com - September 5 at 2:31 PM
|ValuEngine Upgrades Himax Technologies, Inc. (HIMX) to "Hold"|
www.americanbankingnews.com - September 3 at 9:40 AM
|Himax Technologies (HIMX) Catches Eye: Stock Up 6.2% - Nasdaq|
www.nasdaq.com - September 1 at 7:49 PM
|Himax Technologies (HIMX), Qualcomm (QCOM) Announce 3D Depth Sensing Collaboration|
www.streetinsider.com - August 31 at 5:32 AM
|Get Ready For 3D Cameras In Smartphones|
finance.yahoo.com - August 31 at 5:32 AM
|Himax Technologies, Inc. (HIMX) Sees Significant Decrease in Short Interest|
www.americanbankingnews.com - August 27 at 4:28 AM
|Head-To-Head Survey: Advanced Semiconductor Engineering (ASX) & Himax Technologies (HIMX)|
www.americanbankingnews.com - August 27 at 12:28 AM
|Himax Technologies, Inc. (HIMX) Receives Average Recommendation of "Hold" from Analysts|
www.americanbankingnews.com - August 26 at 4:34 AM
|Himax Technologies, Inc. (HIMX) Rating Increased to Buy at BidaskClub|
www.americanbankingnews.com - August 25 at 8:28 PM
|Himax Technologies, Inc. to Attend Credit Suisse 18th Annual Asian Technology Conference on September 6th- 8th ... - GlobeNewswire (press release)|
globenewswire.com - August 22 at 4:47 AM
|Himax Technologies, Inc. to Attend Credit Suisse 18th Annual Asian Technology Conference on September 6th- 8th, 2017|
feeds.benzinga.com - August 21 at 6:13 AM
|Himax Technologies, Inc. (HIMX) Expected to Post Quarterly Sales of $191.29 Million|
www.americanbankingnews.com - August 21 at 3:10 AM
|Himax Technologies, Inc. to Attend Jefferies Semiconductor, Hardware and Communications Infrastructure Summit on August 29th – 30th, 2017|
finance.yahoo.com - August 18 at 4:06 AM
|Himax Technologies, Inc. (HIMX) Short Interest Update|
www.americanbankingnews.com - August 11 at 9:24 AM
|Jim Cramer Weighs In On Himax Technologies And Ferrari - Benzinga|
www.benzinga.com - August 8 at 7:08 PM
|Himax Technologies, Inc. (NASDAQ:HIMX) Stock Rating Upgraded by Robert W. Baird|
www.americanbankingnews.com - August 7 at 12:56 AM
|Credit Suisse Group Upgrades Himax Technologies, Inc. (NASDAQ:HIMX) to "Buy"|
www.americanbankingnews.com - August 6 at 8:28 PM
|Northland Securities Reaffirms "Buy" Rating for Himax Technologies, Inc. (NASDAQ:HIMX)|
www.americanbankingnews.com - August 5 at 12:56 PM
|Edited Transcript of HIMX earnings conference call or presentation 3-Aug-17 12:00pm GMT|
finance.yahoo.com - August 4 at 5:32 AM
|Himax Technologies, Inc. (HIMX) Issues Q3 Earnings Guidance|
www.americanbankingnews.com - August 3 at 12:02 PM
|Himax Technologies, Inc. (NASDAQ:HIMX) Cut to "Hold" at Zacks Investment Research|
www.americanbankingnews.com - August 3 at 12:06 AM
|Himax Technologies, Inc. (NASDAQ:HIMX) Given Average Rating of "Hold" by Analysts|
www.americanbankingnews.com - August 1 at 8:05 AM
|Himax Technologies' (HIMX) "Outperform" Rating Reaffirmed at Macquarie|
www.americanbankingnews.com - July 22 at 4:34 PM
|Rosenblatt Downgrades Himax Technologies (HIMX) to Sell - StreetInsider.com|
www.streetinsider.com - July 21 at 3:53 PM
|Himax Technologies, Inc. (HIMX) Downgraded to "Sell" at Rosenblatt Securities|
www.americanbankingnews.com - July 21 at 10:45 AM
|Better Buy: Himax Technologies, Inc. vs. NVIDIA - Motley Fool|
www.fool.com - July 21 at 3:49 AM
|Why Himax Technologies, Inc. Shareholders Have Something to Worry About|
www.fool.com - July 20 at 7:05 PM
|Himax Technologies, Inc. (NASDAQ:HIMX) to Issue Annual Dividend of $0.24|
www.americanbankingnews.com - July 20 at 6:49 PM
|Better Buy: Himax Technologies, Inc. vs. NVIDIA|
www.fool.com - July 20 at 1:29 PM
|Are Options Traders Betting on a Big Move in Himax Technologies (HIMX) Stock? - Nasdaq|
www.nasdaq.com - July 19 at 3:23 PM
|Himax Technologies, Inc. Appoints JPMorgan Chase Bank as New American Depository Receipt (“ADR”) Bank - Nasdaq|
www.nasdaq.com - July 19 at 3:23 PM
|Himax Technologies, Inc. Appoints JPMorgan Chase Bank as New American Depository Receipt (“ADR”) Bank|
finance.yahoo.com - July 19 at 3:23 PM
|Himax Technologies, Inc. (ADR) (HIMX) Fires Back at Oppenheimer|
finance.yahoo.com - July 19 at 3:23 PM
|Himax Technologies Sees Unusually High Options Volume (HIMX)|
www.americanbankingnews.com - July 19 at 8:51 AM
|Himax Technologies, Inc. (NASDAQ:HIMX) Given "Underperform" Rating at Oppenheimer Holdings, Inc.|
www.americanbankingnews.com - July 15 at 10:52 PM
Himax Technologies (HIMX) Chart for Monday, September, 25, 2017