In the last trading session, 1.97 million Himax Technologies ADR (NASDAQ:HIMX) shares changed hands as the company’s beta touched 2.09. With the company’s per share price at $8.90 changed hands at $0.23 or 2.65% during last session, the market valuation stood at $1.55B. HIMX’s last price was a discount, traded about -56.29% 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 46.07% up since then. When we look at Himax Technologies ADR’s average trading volume, we note the 10-day average is 2.81 million shares, with the 3-month average coming to 3.94 million.
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 green as seen at the end of in last trading. With action -8.72%, the performance over the past five days has been red. The company’s shares are showing year-to-date upside of 10.70%, with the 5-day performance at -8.72% in the red. However, in the 30-day time frame, Himax Technologies ADR (NASDAQ:HIMX) is -2.63% down. Looking at the short shares, we see there were 7.96 million shares sold at short interest cover period of 1.82 days.
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%.
HIMX Dividends
Himax Technologies ADR is expected to release its next quarterly earnings report on 2025-Feb-12. The 3.26% annual yield figure for the share gives it an annual dividend of 0.29. It is important to note, however, that the 3.26% 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
If we look at who the major shareholders are, we find that insiders hold 30.98% of Himax Technologies ADR shares while 21.08% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 30.55%. There are 21.08% institutions holding the Himax Technologies ADR stock share, with LAZARD ASSET MANAGEMENT LLC the top institutional holder. As of 2024-06-30, the company held 1.3118% of the shares, roughly 4.58 million HIMX shares worth $36.4 million.
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 Dec 31, 2024 were Upright Growth Fund and iShares Emerging Markets Dividend ETF . With 741.26 shares estimated at $6.6 million under it, the former controlled 0.42% of total outstanding shares. On the other hand, iShares Emerging Markets Dividend ETF held about 0.39% of the shares, roughly 687.86 shares worth around $6.12 million.
