During the last session, Himax Technologies ADR (NASDAQ:HIMX)’s traded shares were 8.98 million, with the beta value of the company hitting 2.20. At the end of the trading day, the stock’s price was $9.92, reflecting an intraday gain of 8.53% or $0.78. The 52-week high for the HIMX share is $13.91, that puts it down -40.22 from that peak though still a striking 51.61% gain since the share price plummeted to a 52-week low of $4.80. The company’s market capitalization is $1.73B, and the average trade volume was 3.35 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 0.08.
Himax Technologies ADR (NASDAQ:HIMX) trade information
Himax Technologies ADR (HIMX) registered a 8.53% upside in the last session and has traded in the red over the past 5 sessions. The stock spiked 8.53% in intraday trading to $9.92, hitting a weekly high. The stock’s 5-day price performance is -0.10%, and it has moved by 37.78% in 30 days. Based on these gigs, the overall price performance for the year is 78.10%.
Himax Technologies ADR (HIMX) estimates and forecasts
In the rating firms’ projections, revenue will increase 2.37% 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 200.7M as predicted by 2 analyst(s). Meanwhile, a consensus of 2 analyst(s) estimates revenue growth to 205.78M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 207.55M and 239.62M respectively. In this case, analysts expect current quarter sales to shrink by -3.30% and then drop by -14.12% 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 -19.36% in 2025.
HIMX Dividends
Himax Technologies ADR is due to release its next quarterly earnings in March. 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 2.92 percent, continuing the trend of increasing dividends in recent years.
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.
