The price of Himax Technologies ADR (NASDAQ: HIMX) closed at $5.31 in the last session, down -0.93% from day before closing price of $5.36. In other words, the price has decreased by -$0.05 from its previous closing price. On the day, 730441 shares were traded.
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 1.40 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 7.14. For the most recent quarter (mrq), Quick Ratio is recorded 1.39 and its Current Ratio is at 1.69. In the meantime, Its Debt-to-Equity ratio is 0.58 whereas as Long-Term Debt/Eq ratio is at 0.04.
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 926.06M and an Enterprise Value of 1.21B. As of this moment, Himax’s Price-to-Earnings (P/E) ratio for their current fiscal year is 18.23, and their Forward P/E ratio for the next fiscal year is 12.49. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.98 while its Price-to-Book (P/B) ratio in mrq is 1.11. Its current Enterprise Value per Revenue stands at 1.28 whereas that against EBITDA is 17.14.
Stock Price History:
Over the past 52 weeks, HIMX has reached a high of $8.20, while it has fallen to a 52-week low of $5.22. The 50-Day Moving Average of the stock is 5.87, while the 200-Day Moving Average is calculated to be 6.20.
Shares Statistics:
According to the various share statistics, HIMX traded on average about 813.71K shares per day over the past 3-months and 922.2k shares per day over the past 10 days. A total of 174.42M shares are outstanding, with a floating share count of 174.42M. Insiders hold about 0.00% of the company’s shares, while institutions hold 13.54% stake in the company. Shares short for HIMX as of Jan 31, 2024 were 7.32M with a Short Ratio of 8.99, compared to 7.13M on Dec 29, 2023. Therefore, it implies a Short% of Shares Outstanding of 4.20% and a Short% of Float of 5.55%.
Dividends & Splits
The forward annual dividend rate for HIMX is 0.48, which was 0.00 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.00%, it implies a Forward Annual Dividend Yield of 9.04%. The stock’s 5-year Average Dividend Yield is 2.89.
Earnings Estimates
The company has 2 analysts who recommend its stock at the moment. On average, analysts expect EPS of $0.04 for the current quarter, with a high estimate of $0.05 and a low estimate of $0.03, while EPS last year was $0.08. The consensus estimate for the next quarter is $0.07, with high estimates of $0.1 and low estimates of $0.04.
Analysts are recommending an EPS of between $0.51 and $0.2 for the fiscal current year, implying an average EPS of $0.35. EPS for the following year is $0.48, with 2 analysts recommending between $0.56 and $0.4.
Revenue Estimates
According to 2 analysts, the current quarter’s revenue is expected to be $200.1M. It ranges from a high estimate of $201M to a low estimate of $199.2M. As of the current estimate, Himax Technologies ADR’s year-ago sales were $244.2M, an estimated decrease of -18.10% from the year-ago figure. For the next quarter, 2 analysts are estimating revenue of $216.63M, a decrease of -8.10% over than the figure of -$18.10% in the same quarter last year. There is a high estimate of $229M for the next quarter, whereas the lowest estimate is $204.25M.
A total of 2 analysts have provided revenue estimates for HIMX’s current fiscal year. The highest revenue estimate was $964M, while the lowest revenue estimate was $838.51M, resulting in an average revenue estimate of $901.25M. In the same quarter a year ago, actual revenue was $945.43M, down -4.70% from the average estimate. Based on 2 analysts’ estimates, the company’s revenue will be $982.05M in the next fiscal year. The high estimate is $1.05B and the low estimate is $916.1M. The average revenue growth estimate for next year is up 9.00% from the average revenue estimate for this year.
