With 5.92 million shares changed hands, the volume of the stock remained heavier than its average volume of 3.7 million shares. The 52-week range on HIMX shows that it touched its highest point at $13.91 and its lowest point at $4.80 during that stretch. It currently has a 1-year price target of $15.00. With its current market cap of 1.99 billion, HIMX has annualized dividend of $0.29 while the current yield stands at 2.55%. Beta for the stock currently stands at 2.19.
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 17.93%, but this was up by 28.59% over a month. Three-month performance surged to 114.31% while six-month performance rose 100.71%. The stock gained 110.35% in the past year, while it has gained 41.54% so far this year. A look at the trailing 12-month EPS for HIMX yields 0.45 with Next year EPS estimates of 1.00. For the next quarter, that number is 0.10. This implies an EPS growth rate of -34.21% for this year and 233.33% for next year.
Float and Shares Shorts:
At present, 174.70 million HIMX shares are outstanding with a float of 174.69 million shares on hand for trading.
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.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $0.45043 being high and $0.37437 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 $0.09 and the low estimate is $0.09. The average estimate for the next quarter is thus $0.09.
