Metric Deep Dive: Understanding Himax Technologies ADR (HIMX) Through its Ratios

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After finishing at $5.68 in the prior trading day, Himax Technologies ADR (NASDAQ: HIMX) closed at $5.50, down -3.17%. In other words, the price has decreased by -$3.17 from its previous closing price. On the day, 0.57 million shares were traded. HIMX stock price reached its highest trading level at $5.685 during the session, while it also had its lowest trading level at $5.46.

Ratios:

Our goal is to gain a better understanding of HIMX by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 1.35 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 7.71. 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 962499968 and an Enterprise Value of 1300882560. As of this moment, Himax’s Price-to-Earnings (P/E) ratio for their current fiscal year is 12.20, and their Forward P/E ratio for the next fiscal year is 14.96. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.07 while its Price-to-Book (P/B) ratio in mrq is 1.11. Its current Enterprise Value per Revenue stands at 1.45 whereas that against EBITDA is 16.499.

Stock Price History:

Over the past 52 weeks, HIMX has reached a high of $8.73, while it has fallen to a 52-week low of $4.80. The 50-Day Moving Average of the stock is -4.68%, while the 200-Day Moving Average is calculated to be -8.97%.

Shares Statistics:

The stock has traded on average 708.02K shares per day over the past 3-months and 759570 shares per day over the last 10 days, according to various share statistics. A total of 178.35M shares are outstanding, with a floating share count of 174.70M. Insiders hold about 0.00% of the company’s shares, while institutions hold 16.21% stake in the company. Shares short for HIMX as of 1728950400 were 6176751 with a Short Ratio of 9.07, compared to 1726185600 on 6337193. Therefore, it implies a Short% of Shares Outstanding of 6176751 and a Short% of Float of 4.68.

Dividends & Splits

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

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