Himax Technologies ADR (HIMX) Suffers From Weak Fundamental Momentum

EVTL

Himax Technologies ADR (NASDAQ:HIMX) has a beta value of 2.15 and has seen 0.49 million shares traded in the recent trading session. The company, currently valued at $1.16B, closed the recent trade at $6.77 per share which meant it gained $0.4 on the day or 6.28% during that session. The HIMX stock price is -105.47% off its 52-week high price of $13.91 and 28.06% above the 52-week low of $4.87. If we look at the company’s 10-day average daily trading volume, we find that it stood at 1.35 million shares traded. The 3-month trading volume is 3.67 million shares.

The consensus among analysts is that Himax Technologies ADR (HIMX) is Buy stock at the moment, with a recommendation rating of 2.00. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 1 out of 2 have rated it as a Hold, with 1 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is 0.1.

Himax Technologies ADR (NASDAQ:HIMX) trade information

Sporting 6.28% in the green today, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the HIMX stock price touched $6.77 or saw a rise of 1.6%. Year-to-date, Himax Technologies ADR shares have moved -15.80%, while the 5-day performance has seen it change 1.35%. Over the past 30 days, the shares of Himax Technologies ADR (NASDAQ:HIMX) have changed -21.10%. Short interest in the company has seen 7.63 million shares shorted with days to cover at 2.98.

Himax Technologies ADR (HIMX) estimates and forecasts

The company’s shares have gained 8.67% over the past 6 months. Revenue growth from the last financial year stood is estimated to be 5.06%.

2 analysts offering their estimates for the company have set an average revenue estimate of 210.15M for the current quarter. 1 have an estimated revenue figure of 207.84M for the next ending quarter. Year-ago sales stood 207.55M and 239.62M respectively for this quarter and the next, and analysts expect sales will grow by 1.25% for the current quarter and 5.06% for the next.

HIMX Dividends

Himax Technologies ADR is expected to release its next earnings report on 2025-Feb-12 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue. The forward dividend is 0.29 at a share yield of 4.28%. The company’s dividend yield has gone up over the past 12 months, with a 5 Year Average Dividend Yield of 2.89%.

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

Insiders own 30.94% of the company shares, while shares held by institutions stand at 20.60% with a share float percentage of 29.83%. Investors are also buoyed by the number of investors in a company, with Himax Technologies ADR having a total of 173.0 institutions that hold shares in the company. The top two institutional holders are LAZARD ASSET MANAGEMENT LLC with over 4.58 million shares worth more than $36.4 million. As of 2024-06-30, LAZARD ASSET MANAGEMENT LLC held 1.3118% of shares outstanding.

The other major institutional holder is ACADIAN ASSET MANAGEMENT LLC, with the holding of over 3.37 million shares as of 2024-06-30. The firm’s total holdings are worth over $26.73 million and represent 0.9643% of shares outstanding.

Also the top two Mutual Funds that are holding company’s shares are UPRIGHT INVESTMENTS TRUST-Upright Growth Fund and SEI INSTITUTIONAL INVESTMENTS TRUST-SIIT World Equity EX-US Fund . As of Dec 31, 2024 , the former fund manager holds about 0.42% shares in the company for having 741.26 shares of worth $4.96 million while later fund manager owns 426.76 shares of worth $2.85 million as of Mar 31, 2025 , which makes it owner of about 0.24% of company’s outstanding stock.