Himax Technologies ADR (NASDAQ:HIMX) Has Already Recovered 44.95%, But Another -59.52% Drop Cannot Be Ruled Out.

In last trading session, Himax Technologies ADR (NASDAQ:HIMX) saw 3.18 million shares changing hands with its beta currently measuring 2.11. Company’s recent per share price level of $8.72 trading at $0.23 or 2.71% at ring of the bell on the day assigns it a market valuation of $1.52B. That closing price of HIMX’s stock is at a discount of -59.52% from its 52-week high price of $13.91 and is indicating a premium of 44.95% from its 52-week low price of $4.80. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 2.94 million shares which gives us an average trading volume of 4.34 million if we extend that period to 3-months.

For Himax Technologies ADR (HIMX), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 2.00. Splitting up the data highlights that, out of 2 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 1 suggested the stock as a Hold whereas 1 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of 0.1 in the current quarter.

Himax Technologies ADR (NASDAQ:HIMX) trade information

Upright in the green during last session for gaining 2.71%, in the last five days HIMX remained trading in the red while hitting it’s week-highest on Thursday, 03/06/25 when the stock touched $8.72 price level, adding 13.66% to its value on the day. Himax Technologies ADR’s shares saw a change of 8.46% in year-to-date performance and have moved -12.89% in past 5-day. Himax Technologies ADR (NASDAQ:HIMX) showed a performance of -8.21% in past 30-days. Number of shares sold short was 7.96 million shares which calculate 1.82 days to cover the short interests.

Himax Technologies ADR (HIMX) estimates and forecasts

This year revenue growth is estimated to rise 8.24% from the last financial year’s standing.

3 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 207.1M for the same. And 2 analysts are in estimates of company making revenue of 206.92M in the next quarter. Company posted 207.55M and 239.62M of sales in current and next quarters respectively a year earlier.

HIMX Dividends

Himax Technologies ADR is more likely to be releasing its next quarterly report on 2025-Feb-12 and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt. With an annual yield of 3.33%, the share has a forward dividend of 0.29 which implies that company’s dividend yield remained growing in trailing twelve months while having a 5 year average dividend yield of 2.89%.

Himax Technologies ADR (NASDAQ:HIMX)’s Major holders

Insiders are in possession of 30.98% of company’s total shares while institution are holding 21.09 percent of that, with stock having share float percentage of 30.55%. Investors also watch the number of corporate investors in a company very closely, which is 21.09% institutions for Himax Technologies ADR that are currently holding shares of the company. LAZARD ASSET MANAGEMENT LLC is the top institutional holder at HIMX for having 4.58 million shares of worth $36.4 million. And as of 2024-06-30, it was holding 1.3118 of the company’s outstanding shares.

The second largest institutional holder is BLACKROCK INC., which was holding about 2.11 million shares on 2024-06-30. The number of shares represents firm’s hold over 1.2087 of outstanding shares, having a total worth of $16.77 million.