Himax Technologies ADR (NASDAQ: HIMX) is -0.33% 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 $6.27 in the last trading session, with the day’s loss setting it -0.22%.
Currently trading at $6.05, the stock is 1.62% and 5.31% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.94 million and changing -3.51% at the moment leaves the stock -0.05% off its SMA200. HIMX registered 10.40% gain for a year compared to 6-month gain of 21.98%. The firm has a 50-day simple moving average (SMA 50) of $5.7448 and a 200-day simple moving average (SMA200) of $6.053.
The stock witnessed a 11.21% loss in the last 1 month and extending the period to 3 months gives it a -15.03%, and is -2.73% down 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 3.28% over the week and 3.34% over the month.
Himax Technologies ADR (HIMX) has around 2164 employees, a market worth around $1.06B and $913.12M in sales. Current P/E ratio is 13.75 and Fwd P/E is 15.32. Profit margin for the company is 8.43%. Distance from 52-week low is 26.04% and -30.70% 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 43.10% this year
The shares outstanding are 178.35M, and float is at 174.70M with Short Float at 3.58%.
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.
