The growth track for Himax Technologies ADR (HIMX) has changed recently

With 2.99 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.25 million shares. During the session, the Semiconductors company that operates in wider Technology sector, reached to the highest price of $8.0 whereas the lowest price it dropped to was $7.54. The 52-week range on HIMX shows that it touched its highest point at $9.80 and its lowest point at $4.80 during that stretch. It currently has a 1-year price target of $10.50. With its current market cap of 1.35 billion, HIMX has annualized dividend of $0.29 while the current yield stands at 3.75%. Beta for the stock currently stands at 2.09.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of HIMX was up-trending over the past week, with a rise of 13.51%, but this was up by 49.23% over a month. Three-month performance surged to 45.85% while six-month performance rose 4.32%. The stock gained 27.14% in the past year, while it has gained 27.35% so far this year. A look at the trailing 12-month EPS for HIMX yields 0.45 with Next year EPS estimates of 0.37. For the next quarter, that number is 0.10. This implies an EPS growth rate of 44.52% for this year and -12.26% for next year. EPS is expected to decline by -11.79% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 42.37%.

Float and Shares Shorts:

At present, 174.70 million HIMX shares are outstanding with a float of 174.70 million shares on hand for trading. On 2024-11-29, short shares totaled 6.43 million, which was 367.00000000000006 higher than short shares on 1730332800. In addition to Mr. Jordan Wu as the firm’s Co-Founder, President, CEO & Director, Ms. Ming-Feng Pan serves as its Chief Financial Officer.

Institutional Ownership:

Through their ownership of 0.18270001 of HIMX’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-30, HIMX reported revenue of $222407000.0 and operating income of $5856000.0. The EBITDA in the recently reported quarter was $13755000.0 and diluted EPS was $0.074.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for HIMX since 2 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With HIMX analysts setting a high price target of 15.0 and a low target of 6.0, the average target price over the next 12 months is 10.86667. Based on these targets, HIMX could surge 94.05% to reach the target high and fall by -22.38% to reach the target low. Reaching the average price target will result in a growth of 40.58% from current levels.

Analysts have provided yearly estimates in a range of $0.45949 being high and $0.37011 being low. For HIMX, this leads to a yearly average estimate of $0.4191. Based on analyst estimates, the high estimate for the next quarter is $0.08 and the low estimate is $0.08. The average estimate for the next quarter is thus $0.08.