In today’s recent session, 0.4 million shares of the Himax Technologies ADR (NASDAQ:HIMX) have been traded, and its beta is 2.12. Most recently the company’s share price was $8.45, and it changed around -$0.13 or -1.46% from the last close, which brings the market valuation of the company to $1.48B. HIMX at last check was trading at a discount to its 52-week high of $13.91, offering almost -64.62% off that amount. The share price’s 52-week low was $4.80, which indicates that the recent value has risen by an impressive 43.2% since then. We note from Himax Technologies ADR’s average daily trading volume that its 10-day average is 2.61 million shares, with the 3-month average coming to 4.01 million.
Himax Technologies ADR stock received a consensus recommendation rating of Buy, based on a mean score of 2.00. If we narrow it down even further, the data shows that 0 out of 4 analysts rate the stock as a Sell; another 1 rate it as Overweight. Among the rest, 1 recommended HIMX as a Hold, whereas 2 deemed it a Buy, and 0 rated it as Underweight. Himax Technologies ADR is expected to report earnings per share of 0.1 for the current quarter.
Himax Technologies ADR (NASDAQ:HIMX) trade information
Instantly HIMX has been showing red trend so far today with a performance of -1.46% on intraday trading today. The performance over the last five days has remained in the red territory. The rise to weekly highs of 9.55 on recent trading dayincreased the stock’s daily price by 11.52%. The company’s shares are currently up 5.16% year-to-date, but still down -10.62% over the last five days. On the other hand, Himax Technologies ADR (NASDAQ:HIMX) is -15.79% down in the 30-day period. We can see from the shorts that 7.96 million shares have been sold at a short interest cover period of 1.82 day(s).
Himax Technologies ADR (HIMX) estimates and forecasts
The year-over-year growth rate is expected to be 8.24%, up from the previous year.
Consensus estimates provided by 3 financial analysts predict the company will bring in an average of 207.1M in revenue for the current quarter. 2 analysts expect Himax Technologies ADR to make 206.92M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 207.55M and 239.62M respectively. Analysts predict that the company’s current quarter sales will drop, forecast at -0.22%. Forecasts for the next quarter put sales growth at -13.65%.
HIMX Dividends
Himax Technologies ADR’s next quarterly earnings report is expected to be released on 2025-Feb-12. The annual dividend yield of the stock is 3.43 percent and its annual dividend per share was 0.29. It is important to note, however, that the 3.43% dividend yield ratio should be regarded as a guide only, as many other factors should be taken into consideration before making any investment decision. The average dividend yield for the past five years averaged 2.89 per year.
Himax Technologies ADR (NASDAQ:HIMX)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 30.98% of Himax Technologies ADR shares, and 21.02% of them are in the hands of institutional investors. The stock currently has a share float of 30.46%. Himax Technologies ADR stock is held by 170.0 institutions, with LAZARD ASSET MANAGEMENT LLC being the largest institutional investor. By 2024-06-30, it held 1.3118% of the shares, which is about 4.58 million shares worth $36.4 million.
BLACKROCK INC., with 1.2087% or 2.11 million shares worth $16.77 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
Upright Growth Fund and iShares Emerging Markets Dividend ETF were the top two Mutual Funds as of Dec 31, 2024. The former held 741.26 shares worth $6.26 million, making up 0.42% of all outstanding shares. On the other hand, iShares Emerging Markets Dividend ETF held roughly 694.81 shares worth around $5.87 million, which represents about 0.40% of the total shares outstanding.
