In the latest trading session,, 0.55 million Himax Technologies ADR (NASDAQ:HIMX) shares changed hands as the company’s beta touched 2.15. With the company’s most recent per share price at $7.14 changing hands around $0.06 or 0.85% at last look, the market valuation stands at $1.22B. HIMX’s current price is a discount, trading about -94.82% off its 52-week high of $13.91. The share price had its 52-week low at $4.93, which suggests the last value was 30.95% up since then. When we look at Himax Technologies ADR’s average trading volume, we note the 10-day average is 1.0 million shares, with the 3-month average coming to 3.15 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 is in green as seen in intraday trades today. With action 13.69%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -11.19%, with the 5-day performance at 13.69% in the green. However, in the 30-day time frame, Himax Technologies ADR (NASDAQ:HIMX) is -8.11% down. Looking at the short shares, we see there were 6.72 million shares sold at short interest cover period of 3.15 days.
Himax Technologies ADR (HIMX) estimates and forecasts
Year-over-year growth is forecast to reach 5.06% up from the last financial year.
Consensus estimates given by 2 financial analysts project the company’s revenue in the current quarter to hit an average of 210.15M. 1 analysts are of the opinion that Himax Technologies ADR’s revenue for the current quarter will be 207.84M. 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 1.25%. The estimates for the next quarter sales put growth at -13.26%.
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 4.06% annual yield figure for the share gives it an annual dividend of 0.29. It is important to note, however, that the 4.06% 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 30.96% of Himax Technologies ADR shares while 20.78% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 30.10%. There are 20.78% 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.
ACADIAN ASSET MANAGEMENT LLC holds the second largest percentage of outstanding shares, with 0.9643% or 3.37 million shares worth $26.73 million as of 2024-06-30.
Among Mutual Funds, the top two as of Dec 31, 2024 were UPRIGHT INVESTMENTS TRUST-Upright Growth Fund and SEI INSTITUTIONAL INVESTMENTS TRUST-SIIT World Equity EX-US Fund . With 741.26 shares estimated at $5.27 million under it, the former controlled 0.42% of total outstanding shares. On the other hand, SEI INSTITUTIONAL INVESTMENTS TRUST-SIIT World Equity EX-US Fund held about 0.24% of the shares, roughly 426.76 shares worth around $3.03 million.
