Stock FAQs

why is himx stock up today

by Magdalena Flatley Published 3 years ago Updated 2 years ago
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Is HIMX (HIMX) a good stock to buy?

HIMX's current lowest rank is in the Stability metric (where it is better than 12.3% of US stocks). HIMX's current price/earnings ratio is 42.69, which is higher than 78.22% of US stocks with positive earnings.

Will Himax Technologies (HIMX) continue to rise?

Year-to-date shares of Himax Technologies (HIMX) have risen by more than 55%, outperforming the Technology Select Sector SPDR Fund (XLK) substantially, as the benchmark index for the technology sector rose by a bit more than 20%. Strong catalysts are suggesting that there is a good likelihood that the share price will continue moving up.

Is Himax Technologies’ dividend sustainable?

Himax Technologies pays a meaningful dividend of 2.16%, higher than the bottom 25% of all stocks that pay dividends. Himax Technologies has only been increasing its dividend for 1 years. The dividend payout ratio of Himax Technologies is 13.83%. This payout ratio is at a healthy, sustainable level, below 75%.

Will Himax Technologies outperform the S&P 500?

Himax Technologies upgraded to outperform from neutral at Baird Aug. 4, 2017 at 8:12 a.m. ETby Tomi Kilgore Himax Technologies downgraded to underperform from peer perform at Oppenheimer Jul. 14, 2017 at 9:02 a.m. ETby Tomi Kilgore Premium Fed’s policy statement may knock S&P 500 from the range

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Is HIMX a good stock to buy now?

Out of 2 analysts, 0 (0%) are recommending HIMX as a Strong Buy, 1 (50%) are recommending HIMX as a Buy, 1 (50%) are recommending HIMX as a Hold, 0 (0%) are recommending HIMX as a Sell, and 0 (0%) are recommending HIMX as a Strong Sell. What is HIMX's earnings growth forecast for 2022-2022?

Will HIMX go up?

The 4 analysts offering 12-month price forecasts for Himax Technologies Inc have a median target of 12.40, with a high estimate of 15.00 and a low estimate of 11.00. The median estimate represents a +30.94% increase from the last price of 9.47.

What does himax Tech do?

Company Information Himax Technologies, Inc. is a fabless semiconductor solution provider. The Company is engaged in display driver integrated circuits (IC) and timing controllers used in televisions, laptops, monitors, mobile phones, tablets, digital cameras, car navigation and other consumer electronics devices.

Why is himax dropping?

Himax Technologies (NASDAQ:HIMX) shares dropped ~6% Thursday after Nomura downgraded the ratings on the stock. The brokerage downgraded Himax from Buy to Neutral, while keeping a $11.00 price target.

Is HIMX undervalued?

HIMX is relatively undervalued compared to its peers. In terms of forward non-GAAP P/E, HIMX is currently trading at 4.25x, which is 78.6% lower than the 19.86x industry average. Its 1.14 forward Price/Sales multiple is 67% lower than the 3.47x industry average.

Is himax overvalued?

Because Himax Technologies is significantly overvalued, the long-term return of its stock is likely to be much lower than its future business growth, which averaged 8.8% over the past three years and is estimated to grow 16.02% annually over the next three to five years.

Is HIMX a Chinese company?

Himax Technologies, Inc. (Nasdaq: HIMX) is a leading supplier and fabless semiconductor manufacturer headquartered in Tainan City, Taiwan founded on 12 June 2001. The company is publicly traded and listed on the Nasdaq Stock Market under the symbol HIMX.

Is himax a good company to invest?

Why the stock is a great buy right now Himax Technologies stock is dirt cheap despite the company's amazing pace of growth and the massive upside it has delivered in the past year. The stock has a price-to-earnings ratio of 6.6, while the forward earnings multiple stands at 5.

Is himax a Chinese company?

Founded in 2001 and headquartered in Tainan, Taiwan, Himax currently employs around 2,000 people from three Taiwan-based offices in Tainan, Hsinchu and Taipei and country offices in China, Korea, Japan and the US.

Who are himax competitors?

Himax Technologies competitors include MediaTek, Marvell Semiconductor, Qualcomm and Microvision.

Who are Himx customers?

(NASDAQ:HIMX), a fabless semiconductor company from Taiwan, serves several markets with its products for smartphones, TVs, tablets, monitors, automotives, and gaming. The technologies are used by well-known companies like Samsung (OTC:SSNLF), Google (GOOGL), LG, Lenovo (OTCPK:LNVGY) and many more.

Where is himax based?

Tainan, TaiwanFounded in 2001 and headquartered in Tainan, Taiwan, Himax currently employs around 2,000 people from three Taiwan-based offices in Tainan, Hsinchu and Taipei and country offices in China, Korea, Japan and the US.

Is Himax Technologies a buy right now?

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Himax Technologies in the last twelve months. There are currently...

When is Himax Technologies' next earnings date?

Himax Technologies is scheduled to release its next quarterly earnings announcement on Thursday, August 4th 2022. View our earnings forecast for H...

How were Himax Technologies' earnings last quarter?

Himax Technologies, Inc. (NASDAQ:HIMX) issued its quarterly earnings results on Thursday, May, 12th. The semiconductor company reported $0.70 EPS f...

How often does Himax Technologies pay dividends? What is the dividend yield for Himax Technologies?

Himax Technologies announced an annual dividend on Wednesday, May 25th. Shareholders of record on Thursday, June 30th will be paid a dividend of $1...

Is Himax Technologies a good dividend stock?

Himax Technologies pays an annual dividend of $0.26 per share and currently has a dividend yield of 2.76%. The dividend payout ratio of Himax Techn...

What guidance has Himax Technologies issued on next quarter's earnings?

Himax Technologies updated its second quarter 2022 earnings guidance on Thursday, May, 26th. The company provided earnings per share (EPS) guidance...

What price target have analysts set for HIMX?

2 brokers have issued 12 month target prices for Himax Technologies' shares. Their forecasts range from $11.00 to $13.80. On average, they anticipa...

Who are Himax Technologies' key executives?

Himax Technologies' management team includes the following people: Mr. Jordan Wu , Founder, CEO, Pres & Director (Age 61) Ms. Ming-Feng Pan , C...

What is Jordan Wu's approval rating as Himax Technologies' CEO?

7 employees have rated Himax Technologies CEO Jordan Wu on Glassdoor.com . Jordan Wu has an approval rating of 51% among Himax Technologies' emplo...

What is the dividend payout ratio of Himax Technologies?

How much does Himax make?

Himax Technologies does not yet have a strong track record of dividend growth. The dividend payout ratio of Himax Technologies is 96.30%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, Himax Technologies will have a dividend payout ratio of 24.30% next year.

When will Himax release its earnings?

Himax Technologies has a market capitalization of $2.30 billion and generates $887.28 million in revenue each year. The semiconductor company earns $47.13 million in net income (profit) each year or $0.27 on an earnings per share basis.

Himax Technologies, Inc. to Attend Susquehanna 11th Annual Technology Virtual Conference on March 3 – 4, 2022

Himax Technologies is scheduled to release its next quarterly earnings announcement on Thursday, August 5th 2021. View our earnings forecast for Himax Technologies.

Why Himax Technologies Stock Plummeted Today

TAINAN, Taiwan, Feb. 21, 2022 (GLOBE NEWSWIRE) -- Himax Technologies, Inc. (Nasdaq: HIMX) (“Himax” or “Company”), a leading supplier and fabless manufacturer of display drivers and other semiconductor products, today announced that the Company will attend Susquehanna 11th Annual Technology Virtual Conference held during March 3 – 4, 2022.

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Himax Technologies, Inc. Schedules Fourth Quarter and Full Year 2021 Financial Results Conference Call on Thursday, February 17 at 8:00 AM EST

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TAINAN, Taiwan, Jan. 26, 2022 (GLOBE NEWSWIRE) -- Himax Technologies, Inc. (Nasdaq: HIMX) (“Himax” or “Company”), a leading supplier and fabless manufacturer of display drivers and other semiconductor products, today announced that it will hold a conference call with investors and analysts on Thursday, February 17 at 8:00 a.m.

Himax (HIMX) Introduces TV TCON Chip for the Gaming Market

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Component Grades

Himax (HIMX) introduces an industry-leading timing controller (TCON) solution, which will provide ultra-high-resolution for a smoother gaming experience.

HIMX POWR Grades

We have 9 different ratings for every stock to help you appreciate its future potential. You can unlock it all now.

HIMX Stock Summary

Value is the dimension where HIMX ranks best; there it ranks ahead of 99.81% of US stocks.

HIMX Valuation Summary

With a price/earnings ratio of 41.66, Himax Technologies Inc P/E ratio is greater than that of about 81.65% of stocks in our set with positive earnings.

HIMX's Quality Factors

In comparison to the median Technology stock, HIMX's price/sales ratio is 54.72% lower, now standing at 2.4.

Latest HIMX News From Around the Web

The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.

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