In the latest trading session, 1.31 million Himax Technologies ADR (NASDAQ:HIMX) shares changed hands as the company’s beta touched 2.04. With the company’s most recent per share price at $9.82 changed hands at -$0.3 or -2.99% at last look, the market valuation stands at $1.72B. HIMX’s current price is a discount, trading about -41.65% off its 52-week high of $13.91. The share price had its 52-week low at $4.80, which suggests the last value was 51.12% up since then. When we look at Himax Technologies ADR’s average trading volume, we note the 10-day average is 8.35 million shares, with the 3-month average coming to 2.91 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 in intraday trades today. With action 5.79%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 22.11%, with the 5-day performance at 5.79% in the green. However, in the 30-day time frame, Himax Technologies ADR (NASDAQ:HIMX) is 22.11% up. Looking at the short shares, we see there were 5.5 million shares sold at short interest cover period of 2.87 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 March. The 2.95% annual yield figure for the share gives it an annual dividend of 0.29. It is important to note, however, that the 2.95% 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.
Himax Technologies ADR (NASDAQ:HIMX)’s Major holders
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 $7.3 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 $6.98 million.
