Himax Technologies ADR (NASDAQ: HIMX) is -6.43% lower on its value in year-to-date trading and has touched a low of $4.80 and a high of $8.73 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The HIMX stock was last observed hovering at around $5.46 in the last trading session, with the day’s gains setting it 0.22%.
Currently trading at $5.68, the stock is 3.24% and -5.35% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.95 million and changing 4.03% at the moment leaves the stock -6.25% off its SMA200. HIMX registered 0.00% loss for a year compared to 6-month gain of 4.99%. The firm has a 50-day simple moving average (SMA 50) of $5.9602 and a 200-day simple moving average (SMA200) of $6.05975.
The stock witnessed a -3.24% loss in the last 1 month and extending the period to 3 months gives it a -31.73%, and is 3.84% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.95% over the week and 2.56% over the month.
Himax Technologies ADR (HIMX) has around 2164 employees, a market worth around $992.30M and $913.12M in sales. Current P/E ratio is 12.91 and Fwd P/E is 12.46. Profit margin for the company is 8.43%. Distance from 52-week low is 18.33% and -34.94% from its 52-week high. The company has generated returns on investments over the last 12 months (8.66%).
The EPS is expected to grow by 47.10% this year
The shares outstanding are 178.35M, and float is at 174.70M with Short Float at 3.63%.
The top institutional shareholder in the company is LAZARD ASSET MANAGEMENT LLC with over 4.58 million shares valued at $36.4 million. The investor’s holdings represent 2.6236 of the HIMX Shares outstanding. As of 2024-06-30, the second largest holder is ACADIAN ASSET MANAGEMENT LLC with 3.37 million shares valued at $26.73 million to account for 1.9285 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 2.11 million shares representing 1.2087 and valued at over $16.77 million, while ARROWSTREET CAPITAL, LIMITED PARTNERSHIP holds 0.752 of the shares totaling 1.31 million with a market value of $10.43 million.
