Himax Technologies (NASDAQ:HIMX) Stock Price Up 5.8% – What’s Next?

Shares of Himax Technologies, Inc. (NASDAQ:HIMXGet Free Report) were up 5.8% during mid-day trading on Friday . The company traded as high as $8.91 and last traded at $8.9090. Approximately 307,901 shares changed hands during trading, a decline of 67% from the average daily volume of 924,151 shares. The stock had previously closed at $8.42.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on HIMX. Zacks Research raised Himax Technologies to a “hold” rating in a research report on Wednesday, November 12th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Himax Technologies in a research report on Wednesday, October 8th. One research analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $8.80.

Read Our Latest Stock Analysis on HIMX

Himax Technologies Price Performance

The stock has a 50-day simple moving average of $8.10 and a 200 day simple moving average of $8.50. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.42 and a current ratio of 1.60. The company has a market cap of $1.52 billion, a P/E ratio of 24.18 and a beta of 1.80.

Himax Technologies (NASDAQ:HIMXGet Free Report) last released its quarterly earnings data on Thursday, November 6th. The semiconductor company reported $0.01 earnings per share (EPS) for the quarter. The business had revenue of $199.16 million for the quarter, compared to analysts’ expectations of $186.22 million. Himax Technologies had a return on equity of 6.98% and a net margin of 7.18%.Himax Technologies’s quarterly revenue was down 10.5% on a year-over-year basis. During the same period in the previous year, the business posted $0.07 earnings per share. Himax Technologies has set its Q4 2025 guidance at 0.020-0.040 EPS.

Institutional Investors Weigh In On Himax Technologies

A number of institutional investors have recently added to or reduced their stakes in HIMX. Triumph Capital Management acquired a new position in shares of Himax Technologies in the 3rd quarter worth approximately $28,000. Advisory Services Network LLC bought a new stake in Himax Technologies in the third quarter valued at $28,000. USA Financial Formulas bought a new stake in Himax Technologies in the second quarter valued at $32,000. Ameriflex Group Inc. raised its stake in Himax Technologies by 100.0% during the third quarter. Ameriflex Group Inc. now owns 3,600 shares of the semiconductor company’s stock worth $32,000 after acquiring an additional 1,800 shares in the last quarter. Finally, EverSource Wealth Advisors LLC lifted its holdings in shares of Himax Technologies by 109.8% during the second quarter. EverSource Wealth Advisors LLC now owns 6,056 shares of the semiconductor company’s stock valued at $54,000 after acquiring an additional 3,169 shares during the period. 69.81% of the stock is owned by institutional investors and hedge funds.

Himax Technologies Company Profile

(Get Free Report)

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.

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