Analytical Lens: Exploring Himax Technologies ADR (HIMX)’s Financial Story Through Ratios

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The closing price of Himax Technologies ADR (NASDAQ: HIMX) was $8.56 for the day, down -9.51% from the previous closing price of $9.46. In other words, the price has decreased by -$9.51 from its previous closing price. On the day, 4.29 million shares were traded. HIMX stock price reached its highest trading level at $9.55 during the session, while it also had its lowest trading level at $8.51.

Ratios:

Our analysis of HIMX’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.05 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 14.56. For the most recent quarter (mrq), Quick Ratio is recorded 1.43 and its Current Ratio is at 1.65. In the meantime, Its Debt-to-Equity ratio is 0.60 whereas as Long-Term Debt/Eq ratio is at 0.03.

On July 14, 2022, Credit Suisse Downgraded its rating to Neutral which previously was Outperform but kept the price unchanged to $7.

Nomura Downgraded its Buy to Neutral on April 07, 2022, while the target price for the stock was maintained at $11.

Valuation Measures:

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 1497144064 and an Enterprise Value of 3316028928. As of this moment, Himax’s Price-to-Earnings (P/E) ratio for their current fiscal year is 18.84, and their Forward P/E ratio for the next fiscal year is 8.56. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.65 while its Price-to-Book (P/B) ratio in mrq is 1.73. Its current Enterprise Value per Revenue stands at 3.657 whereas that against EBITDA is 36.611.

Stock Price History:

The Beta on a monthly basis for HIMX is 2.06, which has changed by 0.59107804 over the last 52 weeks, in comparison to a change of 0.08275449 over the same period for the S&P500. Over the past 52 weeks, HIMX has reached a high of $13.91, while it has fallen to a 52-week low of $4.80. The 50-Day Moving Average of the stock is -9.95%, while the 200-Day Moving Average is calculated to be 18.52%.

Shares Statistics:

HIMX traded an average of 3.90M shares per day over the past three months and 2706100 shares per day over the past ten days. A total of 174.70M shares are outstanding, with a floating share count of 174.70M. Insiders hold about 0.00% of the company’s shares, while institutions hold 20.14% stake in the company. Shares short for HIMX as of 1740700800 were 7962391 with a Short Ratio of 2.04, compared to 1738281600 on 6963511. Therefore, it implies a Short% of Shares Outstanding of 7962391 and a Short% of Float of 6.02.

Dividends & Splits

With its trailing 12-month dividend rate of 0.0, HIMX has a forward annual dividend rate of 0.29. Against a Trailing Annual Dividend Yield of 0.0The stock’s 5-year Average Dividend Yield is 2.89.

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