In the latest session, Himax Technologies Inc. (NASDAQ: HIMX) closed at $6.46 down -2.42% from its previous closing price of $6.62. In other words, the price has decreased by -$0.16 from its previous closing price. On the day, 569569 shares were traded. HIMX stock price reached its highest trading level at $6.56 during the session, while it also had its lowest trading level at $6.42.
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For a deeper understanding of Himax Technologies Inc.’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.40 and its Current Ratio is at 1.90. In the meantime, Its Debt-to-Equity ratio is 0.47 whereas as Long-Term Debt/Eq ratio is at 0.05.
Upgrades & Downgrades
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, HIMX now has a Market Capitalization of 1.15B and an Enterprise Value of 1.34B. As of this moment, Himax’s Price-to-Earnings (P/E) ratio for their current fiscal year is 4.77, and their Forward P/E ratio for the next fiscal year is 9.23. 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 1.26. Its current Enterprise Value per Revenue stands at 1.30 whereas that against EBITDA is 7.71.
Stock Price History:
Over the past 52 weeks, HIMX has reached a high of $9.99, while it has fallen to a 52-week low of $4.81. The 50-Day Moving Average of the stock is 7.17, while the 200-Day Moving Average is calculated to be 6.83.
For the past three months, HIMX has traded an average of 770.37K shares per day and 802.63k over the past ten days. A total of 174.81M shares are outstanding, with a floating share count of 172.67M. 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 Apr 27, 2023 were 8.32M with a Short Ratio of 8.32M, compared to 7.98M on Mar 30, 2023.
Dividends & Splits
According to the company, the forward annual dividend rate for HIMX is 0.48, from 0.00 in the trailing year. Against a Trailing Annual Dividend Yield of 0.00%, it implies a Forward Annual Dividend Yield of 6.97%.
There are 2 different market analysts currently analyzing its stock. On average, analysts expect EPS of $0.1 for the current quarter, with a high estimate of $0.11 and a low estimate of $0.09, while EPS last year was $0.66. The consensus estimate for the next quarter is $0, with high estimates of $0.01 and low estimates of $0.
Analysts are recommending an EPS of between $0.45 and $0.3 for the fiscal current year, implying an average EPS of $0.39. EPS for the following year is $0.7, with 3 analysts recommending between $0.79 and $0.6.
A total of 2 analysts believe the company’s revenue will be $244.2M this quarter.It ranges from a high estimate of $244.2M to a low estimate of $244M. As of the current estimate, Himax Technologies Inc.’s year-ago sales were $412.81M, an estimated decrease of -40.80% from the year-ago figure. For the next quarter, 2 analysts are estimating revenue of $235.6M, a decrease of -24.60% over than the figure of -$40.80% in the same quarter last year. There is a high estimate of $238M for the next quarter, whereas the lowest estimate is $233.2M.
A total of 3 analysts have provided revenue estimates for HIMX’s current fiscal year. The highest revenue estimate was $1.09B, while the lowest revenue estimate was $1B, resulting in an average revenue estimate of $1.04B. In the same quarter a year ago, actual revenue was $1.2B, down -13.20% from the average estimate. Based on 3 analysts’ estimates, the company’s revenue will be $1.18B in the next fiscal year. The high estimate is $1.22B and the low estimate is $1.14B. The average revenue growth estimate for next year is up 12.70% from the average revenue estimate for this year.