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The closing price of Himax Technologies ADR (NASDAQ: HIMX) was $4.96 for the day, down -3.50% from the previous closing price of $5.14. In other words, the price has decreased by -$3.50 from its previous closing price. On the day, 0.77 million shares were traded. HIMX stock price reached its highest trading level at $5.19 during the session, while it also had its lowest trading level at $4.95.
Ratios:
Our analysis of HIMX’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 1.34 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 6.82. 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 866631040 and an Enterprise Value of 2038699648. As of this moment, Himax’s Price-to-Earnings (P/E) ratio for their current fiscal year is 17.03, and their Forward P/E ratio for the next fiscal year is 11.81. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.93 while its Price-to-Book (P/B) ratio in mrq is 1.03. Its current Enterprise Value per Revenue stands at 2.156 whereas that against EBITDA is 34.759.
Stock Price History:
The Beta on a monthly basis for HIMX is 2.07, which has changed by -0.29142857 over the last 52 weeks, in comparison to a change of 0.2160933 over the same period for the S&P500. Over the past 52 weeks, HIMX has reached a high of $7.70, while it has fallen to a 52-week low of $5.07. The 50-Day Moving Average of the stock is -9.53%, while the 200-Day Moving Average is calculated to be -16.43%.
Shares Statistics:
HIMX traded an average of 755.56K shares per day over the past three months and 662180 shares per day 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 13.39% stake in the company. Shares short for HIMX as of 1711584000 were 6261960 with a Short Ratio of 8.29, compared to 1709164800 on 6161977. Therefore, it implies a Short% of Shares Outstanding of 6261960 and a Short% of Float of 4.7399998.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 2.89.
Earnings Estimates
Current recommendations for the stock of the company come from 2 analysts. 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
It is expected that $90B in revenue will be generated in the current quarter, according to 2 analysts. 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.
