In the last trading session, 1.52 million Himax Technologies ADR (NASDAQ:HIMX) shares changed hands as the company’s beta touched 2.03. With the company’s per share price at $7.20 changed hands at -$0.28 or -3.74% during last session, the market valuation stood at $1.26B. HIMX’s last price was a discount, traded about -36.11% off its 52-week high of $9.80. The share price had its 52-week low at $4.80, which suggests the last value was 33.33% up since then. When we look at Himax Technologies ADR’s average trading volume, we note the 10-day average is 1.75 million shares, with the 3-month average coming to 1.56 million.
Analysts gave the Himax Technologies ADR (HIMX) stock a consensus recommendation rating of Buy, calculated at a mean rating of 2.50. If we narrow down to specifics, the data shows that 0 out of 2 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 1 recommended HIMX as a Hold, 1 felt it is a Buy and 0 rated the stock as Underweight. Himax Technologies ADR’s EPS for the current quarter is expected to be 0.1.
Himax Technologies ADR (NASDAQ:HIMX) trade information
Instantly HIMX was in red as seen at the end of in last trading. With action -12.30%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -10.45%, with the 5-day performance at -12.30% in the red. However, in the 30-day time frame, Himax Technologies ADR (NASDAQ:HIMX) is 7.46% up. Looking at the short shares, we see there were 5.76 million shares sold at short interest cover period of 2.06 days.
Himax Technologies ADR (HIMX) estimates and forecasts
Year-over-year growth is forecast to reach -5.77% down from the last financial year.
Consensus estimates given by 2 financial analysts project the company’s revenue in the current quarter to hit an average of 221.09M. 2 analysts are of the opinion that Himax Technologies ADR’s revenue for the current quarter will be 200.7M. The company’s revenue for the corresponding quarters a year ago was 227.68M and 207.55M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at -2.90%. The estimates for the next quarter sales put growth at -3.30%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 42.37%. The 2025 estimates are for Himax Technologies ADR earnings to increase by 44.52%.
HIMX Dividends
Himax Technologies ADR is expected to release its next quarterly earnings report in February. The 4.03% annual yield figure for the share gives it an annual dividend of 0.29. It is important to note, however, that the 4.03% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision. During the past 5 years, the average dividend yield was 2.89 per year.
ACADIAN ASSET MANAGEMENT LLC holds the second largest percentage of outstanding shares, with 1.9285% or 3.37 million shares worth $26.73 million as of 2024-06-30.
Among Mutual Funds, the top two as of Sep 30, 2024 were Upright Growth Fund and iShares Emerging Markets Dividend ETF . With 741.26 shares estimated at $5.34 million under it, the former controlled 0.42% of total outstanding shares. On the other hand, iShares Emerging Markets Dividend ETF held about 0.41% of the shares, roughly 708.66 shares worth around $5.1 million.
