During the recent session, Himax Technologies ADR (NASDAQ:HIMX)’s traded shares were 7.92 million, with the beta value of the company hitting 2.05. At the last check today, the stock’s price was $12.18, reflecting an intraday gain of 22.77% or $2.26. The 52-week high for the HIMX share is $11.14, that puts it up 8.54 from that peak though still a striking 60.59% gain since the share price plummeted to a 52-week low of $4.80. The company’s market capitalization is $2.13B, and the average intraday trading volume over the past 10 days was 3.1 million shares, and the average trade volume was 1.89 million shares over the past three months.
Himax Technologies ADR (HIMX) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 2.50. HIMX has a Sell rating from 0 analyst(s) out of 2 analysts who have looked at this stock. 1 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 1 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be 0.1.
Himax Technologies ADR (NASDAQ:HIMX) trade information
Himax Technologies ADR (HIMX) registered a 22.77% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 22.77% in intraday trading to $12.18, hitting a weekly high. The stock’s 5-day price performance is 47.44%, and it has moved by 60.88% in 30 days. Based on these gigs, the overall price performance for the year is 97.71%. The short interest in Himax Technologies ADR (NASDAQ:HIMX) is 5.76 million shares and it means that shorts have 2.06 day(s) to cover.
Himax Technologies ADR (HIMX) estimates and forecasts
In the rating firms’ projections, revenue will decrease -5.77% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 221.09M as predicted by 2 analyst(s). Meanwhile, a consensus of 2 analyst(s) estimates revenue growth to 200.7M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 227.68M and 207.55M respectively. In this case, analysts expect current quarter sales to shrink by -2.90% and then drop by -3.30% in the coming quarter.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 42.37%. While earnings are projected to return 44.52% in 2025.
HIMX Dividends
Himax Technologies ADR is due to release its next quarterly earnings in February. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance. Investors should also take the other fundamental and operational aspects into account before investing in the stock. The forward dividend ratio for Himax Technologies ADR is 0.29, with the dividend yield indicating at 2.38 percent, continuing the trend of increasing dividends in recent years. The average dividend yield of the company for the last 5 years is 2.89%.
Himax Technologies ADR (NASDAQ:HIMX)’s Major holders
The next largest institutional holding, with 3.37 million shares, is of ACADIAN ASSET MANAGEMENT LLC’s that is approximately 1.9285% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $26.73 million.
Also, the Mutual Funds coming in first place with the largest holdings of Himax Technologies ADR (HIMX) shares are Upright Growth Fund and iShares Emerging Markets Dividend ETF. Data provided on Sep 30, 2024 indicates that Upright Growth Fund owns about 741.26 shares. This amounts to just over 0.42 percent of the company’s overall shares, with a $8.92 million market value. The same data shows that the other fund manager holds slightly less at 708.66, or about 0.41% of the stock, which is worth about $8.52 million.
