Himax Technologies (NASDAQ:HIMX) Reaches New 1-Year High – Here’s What Happened

Himax Technologies, Inc. (NASDAQ:HIMX) hit a new 52-week high on Tuesday . The company traded as high as $21.93 and last traded at $21.86, with a volume of 644503 shares traded. The stock had previously closed at $21.04.

Analysts Set New Price Targets

Several equities analysts have recently commented on the company. Morgan Stanley reaffirmed an “equal weight” rating and issued a $8.00 target price on shares of Himax Technologies in a research report on Wednesday, February 4th. Wall Street Zen raised Himax Technologies from a “sell” rating to a “hold” rating in a research report on Saturday, March 7th. Three research analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, Himax Technologies has an average rating of “Hold” and an average price target of $8.00.

Himax Technologies Stock Up 3.1%

The company has a market cap of $3.78 billion, a price-to-earnings ratio of 110.67 and a beta of 2.03. The company has a debt-to-equity ratio of 0.02, a current ratio of 1.62 and a quick ratio of 1.42. The firm has a 50-day moving average price of $12.27 and a 200 day moving average price of $9.54.

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

Himax Technologies Cuts Dividend

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

Institutional Investors Weigh In On Himax Technologies

Large investors have recently added to or reduced their stakes in the stock. Triumph Capital Management acquired a new stake in Himax Technologies during the third quarter worth approximately $28,000. Advisory Services Network LLC bought a new stake in Himax Technologies during the third quarter worth $28,000. Ameriflex Group Inc. lifted 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 purchasing an additional 1,800 shares during the last quarter. Police & Firemen s Retirement System of New Jersey bought a new stake in Himax Technologies during the fourth quarter worth $41,000. Finally, EFG International AG bought a new stake in Himax Technologies during the fourth quarter worth $41,000. Institutional investors and hedge funds own 69.81% of the company’s stock.

About Himax Technologies

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.