Is Himax Technologies Stock a Good Investment?

Himax Technologies Investment Advice

  HIMX
To provide specific investment advice or recommendations on Himax Technologies stock, we recommend investors consider the following general factors when evaluating Himax Technologies. This will help you to make an informed decision on whether to include Himax Technologies in one of your diversified portfolios:
  • 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
Our advice tool can cross-verify current analyst consensus on Himax Technologies and to analyze the company potential to grow in the current economic cycle. To make sure Himax Technologies is not overpriced, please check out all Himax Technologies fundamentals, including its price to sales, short ratio, annual yield, as well as the relationship between the cash per share and market capitalization . Given that Himax Technologies has a price to earning of 26.23 X, we strongly advise you to confirm Himax Technologies market performance and probability of bankruptcy to ensure the company can sustain itself in the current economic cycle given your regular risk tolerance and investing horizon.

Market Performance

GoodDetails

Volatility

Relatively riskyDetails

Hype Condition

Over hypedDetails

Current Valuation

OvervaluedDetails

Odds Of Distress

Very LowDetails

Economic Sensitivity

Responds to the marketDetails

Investor Sentiment

ImpartialDetails

Analyst Consensus

BuyDetails

Financial Strenth (F Score)

StrongDetails

Financial Leverage

Not RatedDetails

Reporting Quality (M-Score)

Unlikely ManipulatorDetails

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

113.2 Million

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
2017-08-03
2017-06-30-0.0025-0.01-0.0075300 
2010-11-08
2010-09-300.010.0025-0.007575 
2023-05-11
2023-03-310.080.090.0112 
2019-05-14
2019-03-31-0.02-0.010.0150 
2018-11-08
2018-09-300.020.030.0150 
2018-05-10
2018-03-31-0.02-0.010.0150 
2016-05-12
2016-03-310.070.080.0114 
2016-02-04
2015-12-310.030.040.0133 

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
Strong Buy33.3%Buy33.3%Hold33.3%Sell0.0%Strong Sell0.0%
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   Valuation

Himax 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

Low Price10.22Odds
High Price11.14Odds

10.88

Target Price

Analyst Consensus On Himax Technologies Target Price

Low Estimate9.89Odds
High Estimate12.06Odds

10.8667

Historical Lowest Forecast  9.89 Target Price  10.87 Highest Forecast  12.06
Note that most analysts generally publish their price targets in research reports on specific companies, along with recommendations for the company's stock.Although price targets are often quoted in the financial news media, there could be a delay between the publication of the latest analyst outlook on Himax Technologies and the information provided on this page.

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.
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JavaScript chart by amCharts 3.21.15Strong Buy Buy Hold Sell Strong Sell

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 Corp2024-09-30
470.5 K
Kennedy Capital Management Inc2024-09-30
449.8 K
Citadel Advisors Llc2024-09-30
400.3 K
Millennium Management Llc2024-09-30
379.4 K
Morgan Stanley - Brokerage Accounts2024-09-30
358.3 K
Mitsubishi Ufj Asset Management Co.,ltd2024-09-30
331.9 K
Jpmorgan Chase & Co2024-09-30
328.3 K
Wells Fargo & Co2024-09-30
264.5 K
Susquehanna International Group, Llp2024-09-30
249.4 K
Lazard Asset Management Llc2024-09-30
4.2 M
Blackrock Inc2024-09-30
2.1 M
Note, although Himax Technologies' institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Himax Technologies' market capitalization trends

The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.9 B.

Market Cap

768.14 Million

Himax Technologies' profitablity analysis

Last ReportedProjected 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 
The company has Profit Margin (PM) of 0.09 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.1 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.1.
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 ReportedProjected 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 Value1.2 B2.2 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.
Dividend Yield
0.0267
Forward Dividend Yield
0.0267
Forward Dividend Rate
0.29
Beta
2.044

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.

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.

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 Technologies time-series forecasting models is one of many Himax Technologies' stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Himax Technologies' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

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.
64.4%
56.9%
64.1%
62.0%
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.
Calls PricePuts Price

Himax Technologies Corporate Management

MingFeng PanChief OfficerProfile
Greg FalesnikManaging RepresentativeProfile
TzungI LiChief SpokespersonProfile
Chang HsienVice OperationsProfile

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.