Analyzing Ratios: Himax Technologies ADR (HIMX)’s Financial Story Unveiled

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The price of Himax Technologies ADR (NASDAQ: HIMX) closed at $7.48 in the last session, down -2.60% from day before closing price of $7.68. In other words, the price has decreased by -$2.60 from its previous closing price. On the day, 1.42 million shares were traded. HIMX stock price reached its highest trading level at $7.6 during the session, while it also had its lowest trading level at $7.25.

Ratios:

We take a closer look at HIMX’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 1.84 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 10.48. For the most recent quarter (mrq), Quick Ratio is recorded 1.37 and its Current Ratio is at 1.64. In the meantime, Its Debt-to-Equity ratio is 0.62 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 1343998976 and an Enterprise Value of 1646841984. As of this moment, Himax’s Price-to-Earnings (P/E) ratio for their current fiscal year is 16.59, and their Forward P/E ratio for the next fiscal year is 20.34. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.45 while its Price-to-Book (P/B) ratio in mrq is 1.51. Its current Enterprise Value per Revenue stands at 1.835 whereas that against EBITDA is 20.887.

Stock Price History:

The Beta on a monthly basis for HIMX is 2.03, which has changed by 0.29729724 over the last 52 weeks, in comparison to a change of 0.22263205 over the same period for the S&P500. Over the past 52 weeks, HIMX has reached a high of $9.80, while it has fallen to a 52-week low of $4.80. The 50-Day Moving Average of the stock is 12.96%, while the 200-Day Moving Average is calculated to be 18.77%.

Shares Statistics:

According to the various share statistics, HIMX traded on average about 1.55M shares per day over the past 3-months and 1710100 shares per day over the past 10 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 17.35% stake in the company. Shares short for HIMX as of 1734048000 were 6562926 with a Short Ratio of 3.71, compared to 1731628800 on 6415448. Therefore, it implies a Short% of Shares Outstanding of 6562926 and a Short% of Float of 4.96.

Dividends & Splits

The stock’s 5-year Average Dividend Yield is 2.89.

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