Himax Technologies ADR (NASDAQ:HIMX)’s traded shares stood at 1.03 million during the last session, with the company’s beta value hitting 2.07. At the close of trading, the stock’s price was $8.12, to imply an increase of 0.12% or $0.01 in intraday trading. The HIMX share’s 52-week high remains $9.80, putting it -20.69% down since that peak but still an impressive 40.89% since price per share fell to its 52-week low of $4.80. The company has a valuation of $1.42B, with an average of 4.44 million shares in intraday trading volume over the past 10 days and average of 1.38 million shares over the past 3 months.
Analysts have given a consensus recommendation of Buy for Himax Technologies ADR (HIMX), translating to a mean rating of 2.50. Of 2 analyst(s) looking at the stock, 0 analyst(s) give HIMX a Sell rating. 0 of those analysts rate the stock as Overweight while 1 advise Hold as 1 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at 0.1.
Himax Technologies ADR (NASDAQ:HIMX) trade information
After registering a 0.12% upside in the last session, Himax Technologies ADR (HIMX) has traded red over the past five days. The 5-day price performance for the stock is 6.28%, and 50.93% over 30 days. With these gigs, the year-to-date price performance is 33.77%. Short interest in Himax Technologies ADR (NASDAQ:HIMX) saw shorts transact 6.43 million shares and set a 9.03 days time to cover.
Himax Technologies ADR (HIMX) estimates and forecasts
The rating firms project that company’s revenue will shrink -5.77% compared to the previous financial year.
Revenue forecast for the current quarter as set by 2 analysts is 221.09M. Meanwhile, for the current quarter, a total of 2 analyst(s) estimate revenue growth to 200.7M.Earnings reports from the last fiscal year show that sales brought in 227.68M and 207.55M respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to fall -2.90% before dropping -3.30% in the following quarter.
An assessment of the company’s 5-year growth patterns shows that annual earnings grew an estimated 42.37% for the past 5-year period. While 2024 is set for a 44.52% return in earnings, projections for the next 5 years are at -11.79% annually.
HIMX Dividends
Himax Technologies ADR has its next earnings report out in January. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Himax Technologies ADR has a forward dividend ratio of 0.29, with the share yield ticking at 3.57% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 2.89%.
The next major institution holding the largest number of shares is ACADIAN ASSET MANAGEMENT LLC with 3.37 million shares, or about 1.9285% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $26.73 million.
