In the last trading session, 3.84 million Himax Technologies ADR (NASDAQ:HIMX) shares changed hands as the company’s beta touched 2.19. With the company’s per share price at $10.63 changed hands at -$0.62 or -5.51% during last session, the market valuation stood at $1.86B. HIMX’s last price was a discount, traded about -30.86% 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 54.84% up since then.
Analysts gave the Himax Technologies ADR (HIMX) stock a consensus recommendation rating of Buy, calculated at a mean rating of 2.00. 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 7.16%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 32.21%, with the 5-day performance at 7.16% in the green. However, in the 30-day time frame, Himax Technologies ADR (NASDAQ:HIMX) is 7.16% up.
Himax Technologies ADR (HIMX) estimates and forecasts
Year-over-year growth is forecast to reach 8.24% up from the last financial year.
Consensus estimates given by 3 financial analysts project the company’s revenue in the current quarter to hit an average of 207.1M. 2 analysts are of the opinion that Himax Technologies ADR’s revenue for the current quarter will be 206.92M. The company’s revenue for the corresponding quarters a year ago was 207.55M and 239.62M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at -0.22%. The estimates for the next quarter sales put growth at -13.65%. The 2025 estimates are for Himax Technologies ADR earnings to decrease by -34.21%.
Himax Technologies ADR (NASDAQ:HIMX)’s Major holders
BLACKROCK INC. holds the second largest percentage of outstanding shares, with 1.2087% or 2.11 million shares worth $16.77 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 $7.88 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 $7.53 million.
