Himax Technologies Stock Analysis
HIMX Stock | USD 5.40 0.26 5.06% |
Himax Technologies is undervalued with Real Value of 6.74 and Target Price of 7.9. The main objective of Himax Technologies stock analysis is to determine its intrinsic value, which is an estimate of what Himax Technologies is worth, separate from its market price. There are two main types of Himax Technologies' stock analysis: fundamental analysis and technical analysis.
The Himax Technologies stock is traded in the USA on NASDAQ Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Himax Technologies is usually not traded on Juneteenth Holiday, Independence Day, Labour Day, Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day. Himax Stock trading window is adjusted to America/New York timezone.
Himax |
Himax Stock Analysis Notes
About 31.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 1.09. Some equities with similar Price to Book (P/B) outperform the market in the long run. Himax Technologies has Price/Earnings To Growth (PEG) ratio of 2.81. The entity last dividend was issued on the 28th of June 2024. Himax Technologies, Inc., a fabless semiconductor company, provides display imaging processing technologies in China, Taiwan, the Philippines, Korea, Japan, Europe, and the United States. Himax Technologies, Inc. was incorporated in 2001 and is headquartered in Tainan City, Taiwan. Himax Technologies operates under Semiconductors classification in the United States and is traded on NASDAQ Exchange. It employs 2100 people. To learn more about Himax Technologies call Jordan Wu at 886 6 505 0880 or check out https://www.himax.com.tw.Himax Technologies Quarterly Total Revenue |
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Himax Technologies Investment Alerts
Himax Technologies generated a negative expected return over the last 90 days | |
About 31.0% of the company shares are held by company insiders | |
Latest headline from simplywall.st: Himax Technologies, Inc.s market cap dropped US82m last week Retail investors bore the brunt |
Himax Technologies Upcoming and Recent Events
Earnings reports are used by Himax Technologies to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period..
6th of February 2024 Upcoming Quarterly Report | View | |
31st of December 2023 Next Fiscal Quarter End | View |
Himax Largest EPS Surprises
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.
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 |
Himax Technologies Environmental, Social, and Governance (ESG) Scores
Himax Technologies' ESG score is a quantitative measure that evaluates Himax Technologies' performance and commitment regarding environmental, social, and governance (ESG) factors. These scores are becoming increasingly crucial in investment decision-making processes, providing insights into non-financial aspects of Himax Technologies' operations that may have significant financial implications and affect Himax Technologies' stock price as well as guide investors towards more socially responsible investments.
Himax Stock Institutional Investors
Shares | D. E. Shaw & Co Lp | 2024-09-30 | 495.1 K | 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 | Bnp Paribas Arbitrage, Sa | 2024-09-30 | 296.2 K | Wells Fargo & Co | 2024-09-30 | 264.5 K | Lazard Asset Management Llc | 2024-09-30 | 4.2 M | Blackrock Inc | 2024-06-30 | 2.1 M |
Himax Market Capitalization
The company currently falls under 'Small-Cap' category with a current market capitalization of 945 M.Himax Profitablity
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 0.03 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.03.Last Reported | Projected for Next Year | ||
Return On Tangible Assets | 0.03 | 0.03 | |
Return On Capital Employed | 0.05 | 0.04 | |
Return On Assets | 0.03 | 0.03 | |
Return On Equity | 0.06 | 0.06 |
Management Efficiency
Himax Technologies has return on total asset (ROA) of 0.0238 % which means that it generated a profit of $0.0238 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.0913 %, meaning that it created $0.0913 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. Return On Tangible Assets is likely to drop to 0.03 in 2024. Return On Capital Employed is likely to drop to 0.04 in 2024. At this time, Himax Technologies' Total Assets are fairly stable compared to the past year. Non Current Assets Total is likely to rise to about 465 M in 2024, whereas Total Current Assets are likely to drop slightly above 654.9 M in 2024.Last Reported | Projected for Next Year | ||
Book Value Per Share | 4.95 | 5.20 | |
Tangible Book Value Per Share | 4.78 | 5.02 | |
Enterprise Value Over EBITDA | 23.28 | 22.12 | |
Price Book Value Ratio | 1.24 | 1.17 | |
Enterprise Value Multiple | 23.28 | 22.12 | |
Price Fair Value | 1.24 | 1.17 | |
Enterprise Value | 1.7 B | 1.2 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 0.0537 | Operating Margin 0.0263 | Profit Margin 0.0877 | Forward Dividend Yield 0.0537 | Beta 2.154 |
Technical Drivers
As of the 2nd of December, Himax Technologies retains the Market Risk Adjusted Performance of (0.07), risk adjusted performance of (0.02), and Standard Deviation of 2.21. 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 Price Movement Analysis
The output start index for this execution was thirty-five with a total number of output elements of twenty-six. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Himax Technologies middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Himax Technologies. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Himax Technologies Outstanding 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 | |
Hilton Worldwide Finance Corp BondUS432891AK52 | View | |
BNP Paribas FRN Corp BondUSF1R15XK367 | View |
Himax Technologies Predictive Daily 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 | 7th of November 2024 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 |
6K | 14th of August 2024 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 |
6K | 8th of August 2024 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 |
6K | 12th of June 2024 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 | |
6K | 9th of May 2024 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 |
2nd of April 2024 Other Reports | ViewVerify | |
13A | 7th of February 2024 An amended filing to the original Schedule 13G | ViewVerify |
Himax Technologies Forecast Models
Himax Technologies' time-series forecasting models are one of many Himax Technologies' stock analysis techniques aimed at predicting 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.About Himax Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how Himax Technologies prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Himax shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Himax Technologies. By using and applying Himax Stock analysis, traders can create a robust methodology for identifying Himax entry and exit points for their positions.
Last Reported | Projected for Next Year | ||
Pretax Profit Margin | 0.05 | 0.07 | |
Operating Profit Margin | 0.05 | 0.07 | |
Net Profit Margin | 0.05 | 0.06 | |
Gross Profit Margin | 0.28 | 0.20 |
Current Himax Analysis - Recommendations
We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Himax analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Himax analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target Price | Advice | # of Analysts | |
7.9 | Buy | 3 | Odds |
Most Himax analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Himax stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Himax Technologies, talking to its executives and customers, or listening to Himax conference calls.
Himax Stock Analysis Indicators
Himax Technologies stock analysis indicators help investors evaluate how Himax Technologies stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Himax Technologies shares will generate the highest return on investment. By understating and applying Himax Technologies stock analysis, traders can identify Himax Technologies position entry and exit signals to maximize returns.
Begin Period Cash Flow | 221.6 M | |
Long Term Debt | 34.5 M | |
Common Stock Shares Outstanding | 174.8 M | |
Total Stockholder Equity | 856.8 M | |
Tax Provision | 87 K | |
Quarterly Earnings Growth Y O Y | 1.313 | |
Property Plant And Equipment Net | 130.1 M | |
Cash And Short Term Investments | 206.4 M | |
Cash | 191.7 M | |
Accounts Payable | 107.3 M | |
Net Debt | 306.4 M | |
50 Day M A | 5.7292 | |
Total Current Liabilities | 708.8 M | |
Other Operating Expenses | 902.2 M | |
Non Current Assets Total | 442.8 M | |
Forward Price Earnings | 9.8425 | |
Non Currrent Assets Other | 242.8 M | |
Stock Based Compensation | 2.7 M |
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.