In the latest session, Himax Technologies ADR (NASDAQ: HIMX) closed at $5.41 up 0.56% from its previous closing price of $5.38. In other words, the price has increased by $+0.03 from its previous closing price. On the day, 583848 shares were traded.
Ratios:
For a deeper understanding of Himax Technologies ADR’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 1.46 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 7.44. 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 0.59 whereas as Long-Term Debt/Eq ratio is at 0.05.
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 945.26M and an Enterprise Value of 1.24B. As of this moment, Himax’s Price-to-Earnings (P/E) ratio for their current fiscal year is 18.58, and their Forward P/E ratio for the next fiscal year is 12.73. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.02 while its Price-to-Book (P/B) ratio in mrq is 1.13. Its current Enterprise Value per Revenue stands at 1.31 whereas that against EBITDA is 17.47.
Stock Price History:
Over the past 52 weeks, HIMX has reached a high of $7.72, while it has fallen to a 52-week low of $5.22. The 50-Day Moving Average of the stock is 5.52, while the 200-Day Moving Average is calculated to be 5.96.
Shares Statistics:
For the past three months, HIMX has traded an average of 755.10K shares per day and 568.39k over the past ten days. A total of 178.35M shares are outstanding, with a floating share count of 178.35M. Insiders hold about 0.00% of the company’s shares, while institutions hold 13.40% stake in the company. Shares short for HIMX as of Mar 15, 2024 were 6.11M with a Short Ratio of 8.29, compared to 6.91M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 3.50% and a Short% of Float of 4.64%.
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 8.86%. The stock’s 5-year Average Dividend Yield is 2.89.
Earnings Estimates
There are 2 different market analysts currently analyzing its stock. 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 $0.39. EPS for the following year is $0.51, with 3 analysts recommending between $0.57 and $0.4.
Revenue Estimates
A total of 2 analysts believe the company’s revenue will be $200.1M this quarter.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.
Based on 3 analysts’ estimates, the company’s revenue will be $1.03B in the next fiscal year. The high estimate is $1.14B and the low estimate is $916.1M. The average revenue growth estimate for next year is up 9.50% from the average revenue estimate for this year.
