In recent trading session, Himax Technologies ADR (NASDAQ:HIMX) saw 0.31 million shares changing hands at last check today with its beta currently measuring 2.00. Company’s recent per share price level of $7.49 trading at -$0.08 or -1.06% at last check today assigns it a market valuation of $1.31B. That most recent trading price of HIMX’s stock is at a discount of -30.84% from its 52-week high price of $9.80 and is indicating a premium of 35.91% from its 52-week low price of $4.80. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 4.37 million shares which gives us an average trading volume of 1.33 million if we extend that period to 3-months.
For Himax Technologies ADR (HIMX), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 2.50. Splitting up the data highlights that, out of 2 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 1 suggested the stock as a Hold whereas 1 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of 0.1 in the current quarter.
Himax Technologies ADR (NASDAQ:HIMX) trade information
Upright in the red during last session for losing -1.06%, in the last five days HIMX remained trading in the red while hitting it’s week-highest on Monday, 12/16/24 when the stock touched $7.49 price level, adding 14.2% to its value on the day. Himax Technologies ADR’s shares saw a change of 23.39% in year-to-date performance and have moved -12.75% in past 5-day. Himax Technologies ADR (NASDAQ:HIMX) showed a performance of 43.49% in past 30-days. Number of shares sold short was 6.43 million shares which calculate 9.03 days to cover the short interests.
Himax Technologies ADR (HIMX) estimates and forecasts
This year revenue growth is estimated to fall -5.77% from the last financial year’s standing.
2 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 221.09M for the same. And 2 analysts are in estimates of company making revenue of 200.7M in the next quarter. Company posted 227.68M and 207.55M of sales in current and next quarters respectively a year earlier.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 42.37% during past 5 years. In 2024, company’s earnings growth rate is likely to be around 44.52% while estimates for its earnings growth in next 5 years are of -11.79%.
HIMX Dividends
Himax Technologies ADR is more likely to be releasing its next quarterly report in January and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt. With an annual yield of 3.87%, the share has a forward dividend of 0.29 which implies that company’s dividend yield remained growing in trailing twelve months while having a 5 year average dividend yield of 2.89%.
Himax Technologies ADR (NASDAQ:HIMX)’s Major holders
LAZARD ASSET MANAGEMENT LLC is the top institutional holder at HIMX for having 4.58 million shares of worth $36.4 million. And as of 2024-06-30, it was holding 2.6236 of the company’s outstanding shares.
The second largest institutional holder is ACADIAN ASSET MANAGEMENT LLC, which was holding about 3.37 million shares on 2024-06-30. The number of shares represents firm’s hold over 1.9285 of outstanding shares, having a total worth of $26.73 million.
On the other hand, Upright Growth Fund and iShares Emerging Markets Dividend ETF are the top two Mutual Funds which own company’s shares. As of Sep 30, 2024, the former fund manager was holding 741.26 shares of worth $5.61 million or 0.42% of the total outstanding shares. The later fund manager was in possession of 708.66 shares on Oct 31, 2024, making its stake of worth around $5.36 million in the company or a holder of 0.41% of company’s stock.
