Himax Technologies ADR (NASDAQ:HIMX) has a beta value of 2.09 and has seen 2.99 million shares traded in the last trading session. The company, currently valued at $1.35B, closed the last trade at $7.73 per share which meant it lost -$0.42 on the day or -5.15% during that session. The HIMX stock price is -26.78% off its 52-week high price of $9.80 and 37.9% above the 52-week low of $4.80. If we look at the company’s 10-day average daily trading volume, we find that it stood at 4.04 million shares traded. The 3-month trading volume is 1.25 million shares.
The consensus among analysts is that Himax Technologies ADR (HIMX) is Buy stock at the moment, with a recommendation rating of 2.50. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 1 out of 2 have rated it as a Hold, with 1 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is 0.1.
Himax Technologies ADR (NASDAQ:HIMX) trade information
Sporting -5.15% in the red in last session, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the HIMX stock price touched $7.73 or saw a rise of 21.12%. Year-to-date, Himax Technologies ADR shares have moved 27.35%, while the 5-day performance has seen it change 13.51%. Over the past 30 days, the shares of Himax Technologies ADR (NASDAQ:HIMX) have changed 49.23%. Short interest in the company has seen 6.43 million shares shorted with days to cover at 9.03.
Himax Technologies ADR (HIMX) estimates and forecasts
The company’s shares have gained 4.32% over the past 6 months. Revenue growth from the last financial year stood is estimated to be -5.77%.
2 analysts offering their estimates for the company have set an average revenue estimate of 221.09M for the current quarter. 2 have an estimated revenue figure of 200.7M for the next ending quarter. Year-ago sales stood 227.68M and 207.55M respectively for this quarter and the next, and analysts expect sales will shrink by -2.90% for the current quarter and -5.77% for the next.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 42.37% over the past 5 years. Earnings growth for 2024 is a modest 44.52% while over the next 5 years, the company’s earnings are expected to decrease by -11.79%.
HIMX Dividends
Himax Technologies ADR is expected to release its next earnings report in January this year, and investors are excited at the prospect of better dividends despite the company’s debt issue. The forward dividend is 0.29 at a share yield of 3.75%. The company’s dividend yield has gone up over the past 12 months, with a 5 Year Average Dividend Yield of 2.89%.
Himax Technologies ADR (NASDAQ:HIMX)’s Major holders
The top two institutional holders are LAZARD ASSET MANAGEMENT LLC with over 4.58 million shares worth more than $36.4 million. As of 2024-06-30, LAZARD ASSET MANAGEMENT LLC held 2.6236% of shares outstanding.
The other major institutional holder is ACADIAN ASSET MANAGEMENT LLC, with the holding of over 3.37 million shares as of 2024-06-30. The firm’s total holdings are worth over $26.73 million and represent 1.9285% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Upright Growth Fund and iShares Emerging Markets Dividend ETF . As of Sep 30, 2024 , the former fund manager holds about 0.42% shares in the company for having 741.26 shares of worth $5.73 million while later fund manager owns 692.59 shares of worth $5.35 million as of Sep 30, 2024 , which makes it owner of about 0.40% of company’s outstanding stock.
