Himax Technologies ADR (NASDAQ:HIMX) price on current trading day, fall -9.51% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $8.56.
A look at the stock’s price movement, the close in the last trading session was $9.46, moving within a range at $8.52 and $9.55. The beta value (5-Year monthly) was 2.184 while the PE ratio in trailing twelve months stood at 18.84. Turning to its 52-week performance, $13.91 and $4.80 were the 52-week high and 52-week low respectively. Overall, HIMX moved -20.45% over the past month.
Himax Technologies ADR’s market cap currently stands at around $1.50 billion, with investors looking forward to this quarter’s earnings report slated for on 2025-Feb-12. The company has a Forward Dividend ratio of 0.29, with its dividend yield at 3.39%. As such, investors might be keen on an upside in the stock’s price ahead of the scheduled earnings report.
Analysts have a consensus estimate of 207.1M for the company’s revenue for the quarter, with a low and high estimate of 201M and 212.3M respectively. The average forecast suggests down to a -0.22% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 981.48M, representing a 8.24% jump on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that HIMX is a 50% Buy. On the other hand, the stock is on average a 50% Buy as suggested by medium term indicators while long term indicators are putting the stock in 100% Buy category.
2 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 1 analyst(s) rate the stock as a Hold, 1 recommend HIMX as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
HIMX’s current price about -10.09% and -9.95% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 43.01, while 7-day volatility ratio is 5.87% and 7.53% in the 30-day chart. Further, Himax Technologies ADR (HIMX) has a beta value of 2.06, and an average true range (ATR) of 0.77.
If we refocus on Himax Technologies ADR (NASDAQ:HIMX), historical trading data shows that trading volumes averaged 2.71 over the past 10 days and 3.90 million over the past 3 months. The company’s latest data on shares outstanding shows there are 174.70 million shares.
The 0.00% of Himax Technologies ADR’s shares are in the hands of company insiders while institutional holders own 20.14% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 7.96 million on 2025-02-28, giving us a short ratio of 1.82. The data shows that as of 2025-02-28 short interest in Himax Technologies ADR (HIMX) stood at 602.0 of shares outstanding, with shares short rising to 6.96 million registered in 2025-01-31. Current price change has pushed the stock 6.47% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the HIMX stock continues to rise going into the next quarter.
