Himax Technologies ADR (NASDAQ: HIMX) is -2.11% lower on its value in year-to-date trading and has touched a low of $4.80 and a high of $9.80 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 $8.15 in the last trading session, with the day’s loss setting it -0.28%.
Currently trading at $7.87, the stock is -0.55% and 19.87% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.27 million and changing -3.44% at the moment leaves the stock 25.40% off its SMA200. HIMX registered 26.94% gain for a year compared to 6-month loss of -2.72%. The firm has a 50-day simple moving average (SMA 50) of $6.5656 and a 200-day simple moving average (SMA200) of $6.27575.
The stock witnessed a 17.64% gain in the last 1 month and extending the period to 3 months gives it a 30.73%, and is -2.11% 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 7.19% over the week and 8.60% over the month.
Himax Technologies ADR (HIMX) has around 2164 employees, a market worth around $1.37B and $899.21M in sales. Current P/E ratio is 17.46 and Fwd P/E is 21.40. Profit margin for the company is 8.77%. Distance from 52-week low is 63.96% and -19.69% from its 52-week high. The company has generated returns on investments over the last 12 months (8.81%).
The EPS is expected to grow by 44.52% this year
The shares outstanding are 174.70M, and float is at 174.70M with Short Float at 3.76%.
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.
