Should I buy or sell Himax Technologies stock right now?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Himax Technologies in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" HIMX shares. View HIMX analyst ratings or view top-rated stocks .

What is Himax Technologies' stock price target for 2024?

1 analysts have issued 1 year price targets for Himax Technologies' shares. Their HIMX share price targets range from $8.00 to $8.00. On average, they expect the company's stock price to reach $8.00 in the next twelve months. This suggests a possible upside of 65.6% from the stock's current price. View analysts price targets for HIMX or view top-rated stocks among Wall Street analysts .

How have HIMX shares performed in 2024?

Himax Technologies' stock was trading at $6.07 on January 1st, 2024. Since then, HIMX stock has decreased by 20.4% and is now trading at $4.83. View the best growth stocks for 2024 here .

When is Himax Technologies' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 9th 2024. View our HIMX earnings forecast .

How can I listen to Himax Technologies' earnings call?

Himax Technologies will be holding an earnings conference call on Thursday, May 9th at 8:00 AM Eastern. Interested parties can register for or listen to the call using this link .

How were Himax Technologies' earnings last quarter?

Himax Technologies, Inc. (NASDAQ:HIMX) issued its quarterly earnings results on Tuesday, February, 6th. The semiconductor company reported $0.14 EPS for the quarter, topping the consensus estimate of $0.11 by $0.03. The semiconductor company had revenue of $227.70 million for the quarter, compared to analysts' expectations of $226.80 million. Himax Technologies had a trailing twelve-month return on equity of 6.42% and a net margin of 5.35%. Himax Technologies's revenue was down 13.2% compared to the same quarter last year. During the same period last year, the business posted $0.24 EPS.

How often does Himax Technologies pay dividends? What is the dividend yield for Himax Technologies?

Himax Technologies announced an annual dividend on Friday, May 12th. Investors of record on Friday, June 30th will be given a dividend of $0.48 per share on Wednesday, July 12th. This represents a yield of 7.31%. The ex-dividend date is Thursday, June 29th. Read our dividend analysis for HIMX .

Is Himax Technologies a good dividend stock?

Himax Technologies (NASDAQ:HIMX) pays an annual dividend of $0.47 per share and currently has a dividend yield of 9.46%. HIMX has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 162.07%. Payout ratios above 75% are not desirable because they may not be sustainable. Read our dividend analysis for HIMX .

What ETFs hold Himax Technologies' stock?

ETFs with the largest weight of Himax Technologies (NASDAQ:HIMX) stock in their portfolio include ProShares Metaverse ETF (VERS) and ProShares Smart Materials ETF (TINT) . SoFi Web 3 ETF (TWEB) .

What guidance has Himax Technologies issued on next quarter's earnings?

Himax Technologies issued an update on its first quarter 2024 earnings guidance on Tuesday, February, 6th. The company provided earnings per share (EPS) guidance of 0.020-0.050 for the period, compared to the consensus EPS estimate of 0.080. The company issued revenue guidance of $191.3 million-$198.2 million, compared to the consensus revenue estimate of $208.0 million.

What is Jordan Wu's approval rating as Himax Technologies' CEO?

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.

What other stocks do shareholders of Himax Technologies own?

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) .

Who are Himax Technologies' major shareholders?

Himax Technologies' stock is owned by a variety of institutional and retail investors. Top institutional shareholders include IMC Chicago LLC (0.00%), Ballentine Partners LLC (0.01%), JTC Employer Solutions Trustee Ltd (0.01%) and Allspring Global Investments Holdings LLC (0.00%). View institutional ownership trends .

How do I buy shares of Himax Technologies?

Shares of HIMX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NASDAQ:HIMX

Himax Technologies (HIMX) Stock Price, News & Analysis

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Free HIMX Stock Alerts

$4.83

-0.14 (-2.82%)

(As of 04/19/2024 ET)

Compare

Today's Range: $4.80
▼
$5.00
50-Day Range: $4.83
▼
$5.93
52-Week Range: $4.80
▼
$7.70

Volume: 709,080 shs
Average Volume: 552,284 shs
Market Capitalization: $843.90 million

P/E Ratio: 16.66
Dividend Yield: 9.73%
Price Target: $8.00

Get Himax Technologies alerts:

Himax Technologies MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 65.6% Upside
$8.00 Price Target
Short Interest: Bearish
3.58% of Shares Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.12
Based on 7 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.48 out of 5 stars

Computer And Technology Sector

275th out of 584 stocks

Semiconductors & Related Devices Industry

38th out of 85 stocks

3.5

Analyst's Opinion

Consensus Rating
Himax Technologies has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.
Amount of Analyst Coverage
Himax Technologies has received no research coverage in the past 90 days.

2.0

Short Interest

Percentage of Shares Shorted
3.58% of the outstanding shares of Himax Technologies have been sold short.
Short Interest Ratio / Days to Cover
Himax Technologies has a short interest ratio ("days to cover") of 8.5.
Change versus previous month
Short interest in Himax Technologies has recently increased by 2.45%, indicating that investor sentiment is decreasing.

1.7

Dividend Strength

Dividend Leadership
Himax Technologies is a leading dividend payer. It pays a dividend yield of 9.46%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Himax Technologies does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Himax Technologies is 162.07%. Payout ratios above 75% are not desirable because they may not be sustainable.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for HIMX.

1.7

News and Social Media Coverage

News Sentiment
Himax Technologies has a news sentiment score of 0.12. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.49 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 7 news articles for Himax Technologies this week, compared to 2 articles on an average week.
Search Interest
Only 3 people have searched for HIMX on MarketBeat in the last 30 days. This is a decrease of -92% compared to the previous 30 days.
MarketBeat Follows
Only 5 people have added Himax Technologies to their MarketBeat watchlist in the last 30 days. This is a decrease of -67% compared to the previous 30 days.

3.3

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Himax Technologies insiders have not sold or bought any company stock.
Percentage Held by Insiders
31.50% of the stock of Himax Technologies is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
69.81% of the stock of Himax Technologies is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Himax Technologies is 16.66, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 130.12.
Price to Earnings Ratio vs. Sector
The P/E ratio of Himax Technologies is 16.66, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 201.08.
Price to Book Value per Share Ratio
Himax Technologies has a P/B Ratio of 0.98. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

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About Himax Technologies Stock (NASDAQ:HIMX)

Himax Technologies, Inc., a fabless semiconductor company, provides display imaging processing technologies in China, Taiwan, the Philippines, Korea, Japan, Europe, and the United States. The company operates in two segments, Driver IC and Non-Driver Products. It offers display driver integrated circuits (ICs) and timing controllers that are used in televisions, laptops, monitors, mobile phones, tablets, automotive, digital cameras, car navigation, virtual reality devices, and other consumer electronic devices. The company also designs and provides controllers for touch sensor displays; in-cell touch and display driver integration single-chip solutions; active matrix organic light-emitting diode ICs; light-emitting diode driver and power management ICs; and liquid crystal on silicon microdisplays for augmented reality (AR) devices and head-up displays for the automotive industry. In addition, it offers complementary metal-oxide-semiconductor image sensors and wafer-level optics for AR devices, 3D sensing, and ultra-low power WiseEye smart image sensing, which are used in various applications, such as mobile phones, tablets, laptops, TV, PC camera, automobile, security, medical devices, home appliance, artificial intelligence and Internet of Things (AIoT), etc. The company markets its display drivers and display-related products to panel manufacturers, agents or distributors, module manufacturers, and assembly houses or end customers; and non-driver products to camera module manufacturers, optical engine manufacturers, television/AIoT system manufacturers, and various AIoT system integration companies. Himax Technologies, Inc. was incorporated in 2001 and is headquartered in Tainan City, Taiwan.

HIMX Stock Price History

30 days | 90 days | 365 days | Advanced Chart

HIMX Stock News Headlines

April 20, 2024 | americanbankingnews.com

Himax Technologies (NASDAQ:HIMX) Reaches New 12-Month Low at $4.90

April 19, 2024 | finance.yahoo.com

Himax Joins Forces with E Ink to Revolutionize Smart Retail with Premier of WiseEye™ AI at 2024 Touch Taiwan

April 20, 2024 | DTI (Ad)

Biden’s $374B Giveaway Into This Sector

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April 19, 2024 | msn.com

Himax Technologies joins hands with E Ink for smart retail

April 19, 2024 | globenewswire.com

Himax Joins Forces with E Ink to Revolutionize Smart Retail with Premier of WiseEye™ AI at 2024 Touch Taiwan

April 18, 2024 | finance.yahoo.com

Winners And Losers Of Q4: Magnachip (NYSE:MX) Vs The Rest Of The Analog Semiconductors Stocks

April 14, 2024 | americanbankingnews.com

Himax Technologies (NASDAQ:HIMX) Hits New 12-Month Low at $5.22

April 11, 2024 | finance.yahoo.com

Q4 Rundown: NXP Semiconductors (NASDAQ:NXPI) Vs Other Analog Semiconductors Stocks

April 20, 2024 | DTI (Ad)

Biden’s $374B Giveaway Into This Sector

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April 10, 2024 | finance.yahoo.com

Unpacking Q4 Earnings: MACOM (NASDAQ:MTSI) In The Context Of Other Analog Semiconductors Stocks

April 9, 2024 | seekingalpha.com

Himax Technologies: Even More Attractive Than Before, But Caution Is Warranted

April 8, 2024 | finance.yahoo.com

Q4 Earnings Outperformers: Universal Display (NASDAQ:OLED) And The Rest Of The Analog Semiconductors Stocks

April 8, 2024 | globenewswire.com

Himax Technologies, Inc. Schedules First Quarter 2024 Financial Results Conference Call on Thursday, May 9, 2024 at 8:00 AM EDT

April 5, 2024 | finance.yahoo.com

Himax Technologies Full Year 2023 Earnings: EPS Beats Expectations

April 5, 2024 | globenewswire.com

Himax to Showcase tinyML-Powered Versatile Ultralow Power WiseEye™ AI at embedded world Exhibition&Conference 2024

April 4, 2024 | investorplace.com

The 3 Most Undervalued Tech Stocks to Buy in April 2024

April 3, 2024 | globenewswire.com

Himax to Unveil Revolutionary Ultralow Power Contactless Palm Vein Authentication Technology, WiseEye Vein, at ISC West

March 22, 2024 | wsj.com

Himax Technologies Inc. ADR

March 21, 2024 | finance.yahoo.com

There's Been No Shortage Of Growth Recently For Himax Technologies' (NASDAQ:HIMX) Returns On Capital

March 15, 2024 | seekingalpha.com

Himax Positioned For Jump Into AI And IoT

March 13, 2024 | investorplace.com

Passport to Profits: 7 Global Growth Gems to Diversify Your Holdings

March 7, 2024 | investorplace.com

Dreaming in Dividends: 7 Tech Stocks That Pay You While You Sleep

March 7, 2024 | globenewswire.com

Himax Technologies, Inc. to Attend BofA Securities 2024 APAC TMT Conference on March 19 - 21, 2024

February 27, 2024 | investorplace.com

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February 27, 2024 | investorplace.com

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February 23, 2024 | investorplace.com

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February 20, 2024 | investorplace.com

The 3 Best Semiconductor Stocks to Buy in February 2024

See More Headlines

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Company Calendar

Last Earnings: 2/06/2024
Today: 4/20/2024
Next Earnings (Confirmed): 5/09/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Computer and Technology
Industry: Semiconductors & related devices
Sub-Industry: N/A
Current Symbol: NASDAQ:HIMX
CUSIP: N/A
CIK: 1342338
Web: www.himax.com.tw
Phone: (866) 505-0880
Fax: 886-2-2314-0877
Employees: 2,164
Year Founded: 2001

Price Target and Rating

Average Stock Price Target: $8.00
High Stock Price Target: $8.00
Low Stock Price Target: $8.00
Potential Upside/Downside: +65.6%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): $0.29
Trailing P/E Ratio: 16.66
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $50.62 million
Net Margins: 5.35%
Pretax Margin: 4.70%
Return on Equity: 6.42%
Return on Assets: 3.34%

Debt

Debt-to-Equity Ratio: 0.04
Current Ratio: 1.69
Quick Ratio: 1.39

Sales & Book Value

Annual Sales: $945.43 million
Price / Sales: 0.89
Cash Flow: $0.42 per share
Price / Cash Flow: 11.48
Book Value: $4.95 per share
Price / Book: 0.98

Miscellaneous

Outstanding Shares: 174,720,000
Free Float: 119,686,000
Market Cap: $843.90 million
Optionable: Optionable
Beta: 2.01

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Key Executives

Mr. Jordan Wu (Age 63)
Co-Founder, President, CEO & Director
Ms. Ming-Feng Pan (Age 54)
Chief Financial Officer
Mr. Tzung-I Li (Age 60)
Chief of IR/PR Officer & Spokesperson
Dr. Biing-Seng Wu (Age 66)
Founder & Chairman of the Board
Mr. Chang Tsai Hsien (Age 53)
Vice President of Sales & Operations
Mr. Greg Falesnik
Managing Director of Investor Relations - US Representative

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

HIMX Stock Analysis - Frequently Asked Questions

Should I buy or sell Himax Technologies stock right now?: 1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Himax Technologies in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" HIMX shares.
View HIMX analyst ratings or view top-rated stocks.
What is Himax Technologies' stock price target for 2024?: 1 analysts have issued 1 year price targets for Himax Technologies' shares. Their HIMX share price targets range from $8.00 to $8.00. On average, they expect the company's stock price to reach $8.00 in the next twelve months. This suggests a possible upside of 65.6% from the stock's current price.
View analysts price targets for HIMX or view top-rated stocks among Wall Street analysts.
How have HIMX shares performed in 2024?: Himax Technologies' stock was trading at $6.07 on January 1st, 2024. Since then, HIMX stock has decreased by 20.4% and is now trading at $4.83.
View the best growth stocks for 2024 here.
When is Himax Technologies' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, May 9th 2024.
View our HIMX earnings forecast.
How can I listen to Himax Technologies' earnings call?: Himax Technologies will be holding an earnings conference call on Thursday, May 9th at 8:00 AM Eastern. Interested parties can register for or listen to the call using this link.
How were Himax Technologies' earnings last quarter?: Himax Technologies, Inc. (NASDAQ:HIMX) issued its quarterly earnings results on Tuesday, February, 6th. The semiconductor company reported $0.14 EPS for the quarter, topping the consensus estimate of $0.11 by $0.03. The semiconductor company had revenue of $227.70 million for the quarter, compared to analysts' expectations of $226.80 million. Himax Technologies had a trailing twelve-month return on equity of 6.42% and a net margin of 5.35%. Himax Technologies's revenue was down 13.2% compared to the same quarter last year. During the same period last year, the business posted $0.24 EPS.
How often does Himax Technologies pay dividends? What is the dividend yield for Himax Technologies?: Himax Technologies announced an annual dividend on Friday, May 12th. Investors of record on Friday, June 30th will be given a dividend of $0.48 per share on Wednesday, July 12th. This represents a yield of 7.31%. The ex-dividend date is Thursday, June 29th.
Read our dividend analysis for HIMX.
Is Himax Technologies a good dividend stock?: Himax Technologies (NASDAQ:HIMX) pays an annual dividend of $0.47 per share and currently has a dividend yield of 9.46%. HIMX has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 162.07%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for HIMX.

What ETFs hold Himax Technologies' stock?: ETFs with the largest weight of Himax Technologies (NASDAQ:HIMX) stock in their portfolio include ProShares Metaverse ETF (VERS) and ProShares Smart Materials ETF (TINT).SoFi Web 3 ETF (TWEB).
What guidance has Himax Technologies issued on next quarter's earnings?: Himax Technologies issued an update on its first quarter 2024 earnings guidance on Tuesday, February, 6th. The company provided earnings per share (EPS) guidance of 0.020-0.050 for the period, compared to the consensus EPS estimate of 0.080. The company issued revenue guidance of $191.3 million-$198.2 million, compared to the consensus revenue estimate of $208.0 million.
What is Jordan Wu's approval rating as Himax Technologies' CEO?: 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.
What other stocks do shareholders of Himax Technologies own?: 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).
Who are Himax Technologies' major shareholders?: Himax Technologies' stock is owned by a variety of institutional and retail investors. Top institutional shareholders include IMC Chicago LLC (0.00%), Ballentine Partners LLC (0.01%), JTC Employer Solutions Trustee Ltd (0.01%) and Allspring Global Investments Holdings LLC (0.00%).
View institutional ownership trends.
How do I buy shares of Himax Technologies?: Shares of HIMX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:HIMX) was last updated on 4/20/2024 by MarketBeat.com Staff

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Himax Technologies (HIMX) Stock Price, News & Analysis

Himax Technologies MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Himax Technologies Stock (NASDAQ:HIMX)

HIMX Stock Price History

HIMX Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Institutional Ownership

HIMX Stock Analysis - Frequently Asked Questions

Overall MarketRank^™