Himax Technologies (NASDAQ:HIMX) Shares Gap Down – What’s Next?

Himax Technologies, Inc. (NASDAQ:HIMX)’s stock price gapped down before the market opened on Thursday . The stock had previously closed at $24.19, but opened at $22.60. Himax Technologies shares last traded at $22.4780, with a volume of 741,119 shares.

Analyst Ratings Changes

HIMX has been the topic of a number of recent analyst reports. Morgan Stanley restated an “equal weight” rating and issued a $8.00 price target on shares of Himax Technologies in a research report on Wednesday, February 4th. Wall Street Zen upgraded shares of Himax Technologies from a “sell” rating to a “hold” rating in a research note on Saturday, March 7th. Three research analysts have rated the stock with a Hold rating, According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $8.00.

Himax Technologies Stock Down 2.1%

The firm’s 50 day moving average price is $14.07 and its two-hundred day moving average price is $10.23. The company has a market cap of $4.13 billion, a P/E ratio of 120.80 and a beta of 2.25. The company has a debt-to-equity ratio of 0.02, a quick ratio of 1.42 and a current ratio of 1.62.

Himax Technologies (NASDAQ:HIMX) last released its quarterly earnings data on Thursday, May 7th. The semiconductor company reported $0.05 earnings per share for the quarter, beating the consensus estimate of $0.03 by $0.02. The company had revenue of $199.01 million during the quarter, compared to analyst estimates of $195.01 million. Himax Technologies had a net margin of 3.91% and a return on equity of 3.57%. Himax Technologies’s revenue for the quarter was down 7.5% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.11 EPS. Himax Technologies has set its Q2 2026 guidance at 0.086-0.103 EPS. Equities research analysts anticipate that Himax Technologies, Inc. will post 0.4 EPS for the current fiscal year.

Himax Technologies Cuts Dividend

The firm also recently declared an annual dividend, which will be paid on Friday, July 10th. Shareholders of record on Tuesday, June 30th will be paid a dividend of $0.252 per share. This represents a yield of 122.0%. The ex-dividend date is Tuesday, June 30th. Himax Technologies’s payout ratio is 180.00%.

Institutional Trading of Himax Technologies

Several large investors have recently added to or reduced their stakes in the stock. Triumph Capital Management purchased a new position in Himax Technologies during the third quarter valued at $28,000. Advisory Services Network LLC purchased a new stake in Himax Technologies in the 3rd quarter worth approximately $28,000. Ameriflex Group Inc. boosted its stake in Himax Technologies by 100.0% in the 3rd quarter. Ameriflex Group Inc. now owns 3,600 shares of the semiconductor company’s stock worth $32,000 after purchasing an additional 1,800 shares during the period. Police & Firemen s Retirement System of New Jersey bought a new stake in shares of Himax Technologies during the fourth quarter worth $41,000. Finally, EFG International AG bought a new stake in shares of Himax Technologies in the fourth quarter valued at about $41,000. Institutional investors own 69.81% of the company’s stock.

Himax Technologies Company Profile

Himax Technologies, Inc (NASDAQ: HIMX) is a fabless semiconductor company specializing in display imaging technologies. The company designs and develops a comprehensive portfolio of display driver integrated circuits (DDICs), timing controllers, and other high-speed interface chips that enable high-resolution panels for a wide array of electronic devices. Himax’s solutions are tailored to support both LCD and OLED displays, ensuring compatibility with television sets, desktop monitors, laptops, tablets, smartphones and wearable devices.

In addition to core display driver products, Himax offers wafer-level optics and liquid crystal on silicon (LCOS) microdisplay solutions for applications in augmented reality (AR) and virtual reality (VR) headsets.