Himax Technologies (NASDAQ:HIMX) is scheduled to be posting its quarterly earnings results before the market opens on Thursday, August 9th. Himax Technologies has set its Q2 guidance at 0.00-0.01 EPS.
Himax Technologies (NASDAQ:HIMX) last announced its quarterly earnings data on Thursday, May 10th. The semiconductor company reported ($0.02) EPS for the quarter, beating the consensus estimate of ($0.03) by $0.01. Himax Technologies had a net margin of 3.43% and a return on equity of 5.53%. The business had revenue of $162.85 million during the quarter, compared to the consensus estimate of $160.67 million. During the same period in the previous year, the business earned $0.01 earnings per share. The company’s revenue was up 4.9% on a year-over-year basis. On average, analysts expect Himax Technologies to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
Shares of Himax Technologies opened at $6.51 on Tuesday, according to Marketbeat Ratings. Himax Technologies has a one year low of $5.97 and a one year high of $13.95. The company has a market cap of $1.11 billion, a price-to-earnings ratio of 40.69 and a beta of -0.15.
Several research analysts have commented on the stock. BidaskClub upgraded shares of Himax Technologies from a “hold” rating to a “buy” rating in a research report on Tuesday, June 5th. Lake Street Capital set a $13.00 price objective on shares of Himax Technologies and gave the company a “buy” rating in a research report on Thursday, June 7th. ValuEngine upgraded shares of Himax Technologies from a “sell” rating to a “hold” rating in a research report on Thursday, May 17th. Finally, Zacks Investment Research raised shares of Himax Technologies from a “strong sell” rating to a “hold” rating in a research note on Wednesday, May 9th. Three research analysts have rated the stock with a sell rating, six have assigned a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the company. Himax Technologies presently has an average rating of “Hold” and an average price target of $11.76.
About Himax Technologies
Himax Technologies, Inc, a fabless semiconductor company, provides display imaging processing technologies worldwide. The company operates in two segments, Driver IC and Non-Driver Products. It offers display driver integrated circuits (ICs) and timing controllers used in televisions (TVs), laptops, monitors, mobile phones, tablets, digital cameras, car navigation, and other consumer electronics devices.
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