Himax Technologies ADR (NASDAQ:HIMX) concluded the trading at $11.38 on Wednesday, February 19 with a rise of 5.76% from its closing price on previous day.
Company’s P/E ratio for the trailing 12 months is 25.04. Considering stock’s 52-week price range provides that HIMX hit a high price of $13.91 and saw its price falling to a low level of $4.80 during that period. Over a period of past 1-month, stock came adding 28.59% in its value.
With its current market valuation of $1.99 billion, Himax Technologies ADR is set to declare its quarterly results in March. HIMX Stock’s Forward Dividend of 0.29 and its yield of 2.55% are making investors’ thoughts stronger that it could climb further before the company announces its earnings for the current quarter. Analysts are in estimates of 0.1 per share for company’s earnings in the current quarter and are expecting its annual EPS growth moving up to 0.44 for current year with estimates of that growing to 0.88 in next year.
Analysts watching the company’s growth closely have provided estimates for its revenue growth with an average revenue estimate of 207.1M. They suggested that in the process company could generate revenue of as low as 201M which could climb up to 212.3M to hit a high. The average estimate is representing a decrease of -0.22% in sales growth from that of posted by the company in the same quarter of last year. In keeping analyst consensus estimate with, company is forecasted to be making an annual revenue of 981.48M in current fiscal year, which will be 8.24% more from revenue generated by the company last year.
In contrast, when we review HIMX stock’s current outlook then short term indicators are assigning it an average of 100% Buy, while medium term indicators are categorizing the stock at an average of 100% Buy. Long term indicators are suggesting an average of 100% Buy for it.
According to ratings assigned by 2 analysts at the scale of 1 to 5 with 1.00 representing a strong buy and 5.00 suggesting a strong sell; 1 of them are recommending Himax Technologies ADR (HIMX) as a Hold, while 1 are in view that stock is a Buy. Recommendation by 0 analysts for the stock is an Underweight while number of those analysts who rated the stock as an Overweight is 0, whereas 0 of them are considering the stock as a Sell. When taken as whole, stock gets a rating of Overweight and that encourages the investors to exploit the opportunity and build their stake up in the company.
Digging deeper we become aware of the PEG ratio of the HIMX stock which is currently positioned at 0. It further provides that stock’s current price level is 12.21% away from its 20-day simple moving average and is 29.72% off its SMA50. Its relative strength index (RSI) for 14-periods is oscillating at 62.61 while volatility remained at 10.09% over the past week which changes to 11.13% when measuring it over the past month. Beta is valued at 2.19, while measure of average true range or ATR is currently at 1.02.
The percentage of outstanding shares held by the insiders is 0.01% while it is 20.12% for the institutional holders. Addition of 41.54% by stock’s current price to its year-to-date value in last trading session is likely to be increasing investors’ interest in the stock as it is hinting an extended uptrend.
