Is Himax Technologies Stock a Good Investment?
Himax Technologies Investment Advice | HIMX |
- Examine Himax Technologies' financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Himax Technologies' leadership team and their track record. Good management can help Himax Technologies navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Semiconductors & Semiconductor Equipment space and any emerging trends that could impact Himax Technologies' business and its evolving consumer preferences.
- Compare Himax Technologies' performance and market position to its competitors. Analyze how Himax Technologies is positioned in terms of product offerings, innovation, and market share.
- Check if Himax Technologies pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Himax Technologies' stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Himax Technologies stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Himax Technologies is a good investment.
Sell | Buy |
Strong Sell
Market Performance | Good | Details | |
Volatility | Relatively risky | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Very Low | Details | |
Economic Sensitivity | Responds to the market | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Strong | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Himax Technologies Stock
Researching Himax Technologies' stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 31.0% of the company shares are held by company insiders. The book value of Himax Technologies was currently reported as 10.17. The company has Price/Earnings To Growth (PEG) ratio of 2.81. Himax Technologies last dividend was issued on the 28th of June 2024.
To determine if Himax Technologies is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Himax Technologies' research are outlined below:
Himax Technologies is way too risky over 90 days horizon | |
Himax Technologies appears to be risky and price may revert if volatility continues | |
Himax Technologies has a strong financial position based on the latest SEC filings | |
About 31.0% of the company shares are held by company insiders | |
Latest headline from gurufocus.com: Q4 2024 Himax Technologies Inc Earnings Call Transcript |
Himax Technologies Quarterly Accounts Payable |
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Himax Technologies uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Himax Technologies. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Himax Technologies' previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
6th of February 2024 Upcoming Quarterly Report | View | |
31st of December 2023 Next Fiscal Quarter End | View |
Earnings surprises can significantly impact Himax Technologies' stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Himax Technologies' investors have experienced.
Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
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2017-08-03 | 2017-06-30 | -0.0025 | -0.01 | -0.0075 | 300 | ||
2010-11-08 | 2010-09-30 | 0.01 | 0.0025 | -0.0075 | 75 | ||
2023-05-11 | 2023-03-31 | 0.08 | 0.09 | 0.01 | 12 | ||
2019-05-14 | 2019-03-31 | -0.02 | -0.01 | 0.01 | 50 | ||
2018-11-08 | 2018-09-30 | 0.02 | 0.03 | 0.01 | 50 | ||
2018-05-10 | 2018-03-31 | -0.02 | -0.01 | 0.01 | 50 | ||
2016-05-12 | 2016-03-31 | 0.07 | 0.08 | 0.01 | 14 | ||
2016-02-04 | 2015-12-31 | 0.03 | 0.04 | 0.01 | 33 |
Himax Technologies Target Price Consensus
Himax target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Himax Technologies' target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
3 | Buy |
Most Himax analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Himax stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Himax Technologies, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice Exposure ValuationHimax Technologies Target Price Projection
Himax Technologies' current and average target prices are 10.88 and 10.87, respectively. The current price of Himax Technologies is the price at which Himax Technologies is currently trading. On the other hand, Himax Technologies' target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.Current Price
Himax Technologies Market Quote on 18th of February 2025
Target Price
Analyst Consensus On Himax Technologies Target Price
Himax Technologies Analyst Ratings
Himax Technologies' analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about Himax Technologies stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of Himax Technologies' financials, market performance, and future outlook by experienced professionals. Himax Technologies' historical ratings below, therefore, can serve as a valuable tool for investors.Know Himax Technologies' Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Himax Technologies is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Himax Technologies backward and forwards among themselves. Himax Technologies' institutional investor refers to the entity that pools money to purchase Himax Technologies' securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares | |||
Stifel Financial Corp | 2024-09-30 | 470.5 K | |
Kennedy Capital Management Inc | 2024-09-30 | 449.8 K | |
Citadel Advisors Llc | 2024-09-30 | 400.3 K | |
Millennium Management Llc | 2024-09-30 | 379.4 K | |
Morgan Stanley - Brokerage Accounts | 2024-09-30 | 358.3 K | |
Mitsubishi Ufj Asset Management Co.,ltd | 2024-09-30 | 331.9 K | |
Jpmorgan Chase & Co | 2024-09-30 | 328.3 K | |
Wells Fargo & Co | 2024-09-30 | 264.5 K | |
Susquehanna International Group, Llp | 2024-09-30 | 249.4 K | |
Lazard Asset Management Llc | 2024-09-30 | 4.2 M | |
Blackrock Inc | 2024-09-30 | 2.1 M |
Himax Technologies' market capitalization trends
The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.9 B.Market Cap |
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Himax Technologies' profitablity analysis
Last Reported | Projected for Next Year | ||
Return On Tangible Assets | 0.05 | 0.09 | |
Return On Capital Employed | 0.07 | 0.07 | |
Return On Assets | 0.05 | 0.09 | |
Return On Equity | 0.09 | 0.15 |
Determining Himax Technologies' profitability involves analyzing its financial statements and using various financial metrics to determine if Himax Technologies is a good buy. For example, gross profit margin measures Himax Technologies' profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Himax Technologies' profitability and make more informed investment decisions.
Please note, the imprecision that can be found in Himax Technologies' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Himax Technologies. Check Himax Technologies' Beneish M Score to see the likelihood of Himax Technologies' management manipulating its earnings.
Evaluate Himax Technologies' management efficiency
Himax Technologies has return on total asset (ROA) of 0.026 % which means that it generated a profit of $0.026 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.0906 %, meaning that it created $0.0906 on every $100 dollars invested by stockholders. Himax Technologies' management efficiency ratios could be used to measure how well Himax Technologies manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Himax Technologies' Return On Tangible Assets are fairly stable compared to the past year. Return On Assets is likely to rise to 0.09 in 2025, whereas Return On Capital Employed is likely to drop 0.07 in 2025. At this time, Himax Technologies' Non Current Assets Total are fairly stable compared to the past year. Non Currrent Assets Other is likely to rise to about 274.1 M in 2025, whereas Total Assets are likely to drop slightly above 860.2 M in 2025.Last Reported | Projected for Next Year | ||
Book Value Per Share | 10.25 | 10.76 | |
Tangible Book Value Per Share | 9.92 | 10.42 | |
Enterprise Value Over EBITDA | 11.30 | 10.73 | |
Price Book Value Ratio | 0.79 | 0.75 | |
Enterprise Value Multiple | 11.30 | 10.73 | |
Price Fair Value | 0.79 | 0.75 | |
Enterprise Value | 1.2 B | 2.2 B |
Himax Technologies has shown resilience through effective management strategies. Our analysis examines how these strategies influence financial outcomes and investor returns which helps in understanding the stock's long-term potential.
Basic technical analysis of Himax Stock
As of the 18th of February 2025, Himax Technologies retains the Risk Adjusted Performance of 0.1152, downside deviation of 6.53, and Market Risk Adjusted Performance of 0.8386. Himax Technologies technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices.Himax Technologies' Outstanding Corporate Bonds
Himax Technologies issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Himax Technologies uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Himax bonds can be classified according to their maturity, which is the date when Himax Technologies has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
US432833AL52 Corp BondUS432833AL52 | View | |
US432833AN19 Corp BondUS432833AN19 | View | |
Hilton Domestic Operating Corp BondUS432833AG67 | View | |
Hilton Domestic Operating Corp BondUS432833AH41 | View | |
US432833AJ07 Corp BondUS432833AJ07 | View | |
Hilton Worldwide Finance Corp BondUS432833AF84 | View | |
MPLX LP 4125 Corp BondUS55336VAK61 | View | |
MPLX LP 4875 Corp BondUS55336VAJ98 | View |
Understand Himax Technologies' technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Himax Technologies' various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
Risk Adjusted Performance | 0.1152 | |||
Market Risk Adjusted Performance | 0.8386 | |||
Mean Deviation | 4.93 | |||
Semi Deviation | 5.53 | |||
Downside Deviation | 6.53 | |||
Coefficient Of Variation | 668.22 | |||
Standard Deviation | 8.38 | |||
Variance | 70.25 | |||
Information Ratio | 0.1483 | |||
Jensen Alpha | 1.24 | |||
Total Risk Alpha | 1.23 | |||
Sortino Ratio | 0.1903 | |||
Treynor Ratio | 0.8286 | |||
Maximum Drawdown | 72.71 | |||
Value At Risk | (6.97) | |||
Potential Upside | 11.03 | |||
Downside Variance | 42.66 | |||
Semi Variance | 30.54 | |||
Expected Short fall | (5.72) | |||
Skewness | 1.77 | |||
Kurtosis | 12.46 |
Risk Adjusted Performance | 0.1152 | |||
Market Risk Adjusted Performance | 0.8386 | |||
Mean Deviation | 4.93 | |||
Semi Deviation | 5.53 | |||
Downside Deviation | 6.53 | |||
Coefficient Of Variation | 668.22 | |||
Standard Deviation | 8.38 | |||
Variance | 70.25 | |||
Information Ratio | 0.1483 | |||
Jensen Alpha | 1.24 | |||
Total Risk Alpha | 1.23 | |||
Sortino Ratio | 0.1903 | |||
Treynor Ratio | 0.8286 | |||
Maximum Drawdown | 72.71 | |||
Value At Risk | (6.97) | |||
Potential Upside | 11.03 | |||
Downside Variance | 42.66 | |||
Semi Variance | 30.54 | |||
Expected Short fall | (5.72) | |||
Skewness | 1.77 | |||
Kurtosis | 12.46 |
Consider Himax Technologies' intraday indicators
Himax Technologies intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Himax Technologies stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Himax Technologies Corporate Filings
6K | 13th of February 2025 A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges. | ViewVerify |
22nd of May 2024 Other Reports | ViewVerify |
Himax Stock media impact
Far too much social signal, news, headlines, and media speculation about Himax Technologies that are available to investors today. That information is available publicly through Himax media outlets and privately through word of mouth or via Himax internal channels. However, regardless of the origin, that massive amount of Himax data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Himax Technologies news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Himax Technologies relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Himax Technologies' headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Himax Technologies alpha.
Himax Technologies Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Himax Technologies can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Himax Technologies Historical Investor Sentiment
Investor biases related to Himax Technologies' public news can be used to forecast risks associated with an investment in Himax. The trend in average sentiment can be used to explain how an investor holding Himax can time the market purely based on public headlines and social activities around Himax Technologies. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Himax Technologies' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Himax Technologies and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average Himax Technologies news discussions. The higher the estimate score, the more favorable the investor's outlook on Himax Technologies.
Himax Technologies Maximum Pain Price Across March 21st 2025 Option Contracts
Himax Technologies' options can also be used to analyze investors' bias and current market sentiment in the context of behavioral finance. For example, Max pain usually refers to a trading concept that asserts that market manipulation can cause the market price of Himax Technologies close to the expiration of its current option contract to expire worthlessly. According to most research, about 35% of options are not executed, with roughly 50% traded out before expiration. So, Max pain occurs when market makers reach a net favorable position across all options at a strike price where option holders stand to lose the most money. By contrast, option sellers may reap the most after selling more options than buying, causing them to expire worthlessly. Please continue to view the detailed analysis of Himax Technologies' options.
Himax Technologies Corporate Management
MingFeng Pan | Chief Officer | Profile | |
Greg Falesnik | Managing Representative | Profile | |
TzungI Li | Chief Spokesperson | Profile | |
Chang Hsien | Vice Operations | Profile |
Additional Tools for Himax Stock Analysis
When running Himax Technologies' price analysis, check to measure Himax Technologies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Himax Technologies is operating at the current time. Most of Himax Technologies' value examination focuses on studying past and present price action to predict the probability of Himax Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Himax Technologies' price. Additionally, you may evaluate how the addition of Himax Technologies to your portfolios can decrease your overall portfolio volatility.