Considering Himax Technologies Inc. (HIMX) as a potential investment: What Should You Do?

After finishing at $7.44 in the prior trading day, Himax Technologies Inc. (NASDAQ: HIMX) closed at $7.55, up 1.48%. In other words, the price has increased by $+0.11 from its previous closing price. On the day, 849645 shares were traded. HIMX stock price reached its highest trading level at $7.63 during the session, while it also had its lowest trading level at $7.48.

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Ratios:

Our goal is to gain a better understanding of HIMX by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5.70 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 42.82. For the most recent quarter (mrq), Quick Ratio is recorded 1.30 and its Current Ratio is at 1.90. In the meantime, Its Debt-to-Equity ratio is 0.49 whereas as Long-Term Debt/Eq ratio is at 0.05.

Upgrades & Downgrades

On April 07, 2022, Nomura Downgraded its rating to Neutral which previously was Buy but kept the price unchanged to $11.

Valuation Measures:

As of this moment, Himax’s Price-to-Earnings (P/E) ratio for their current fiscal year is 3.17, and their Forward P/E ratio for the next fiscal year is 12.58. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.93 while its Price-to-Book (P/B) ratio in mrq is 0.78.

Stock Price History:

Over the past 52 weeks, HIMX has reached a high of $12.37, while it has fallen to a 52-week low of $4.81. The 50-Day Moving Average of the stock is 6.95, while the 200-Day Moving Average is calculated to be 7.25.

Shares Statistics:

The stock has traded on average 1.11M shares per day over the past 3-months and 1.08M shares per day over the last 10 days, according to various share statistics. A total of 174.40M shares are outstanding, with a floating share count of 121.86M. Insiders hold about 12.30% of the company’s shares, while institutions hold 17.60% stake in the company. Shares short for HIMX as of Oct 13, 2022 were 11.58M with a Short Ratio of 9.60M, compared to 14.53M on Sep 14, 2022.

Earnings Estimates

Its stock is currently analyzed by 0 different market analysts. The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.

Analysts are recommending an EPS of between $0 and $0 for the fiscal current year, implying an average EPS of $0. EPS for the following year is $0, with 0 analysts recommending between $0 and $0.