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.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
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.
