Himax Technologies ADR (NASDAQ: HIMX) is 8.46% higher on its value in year-to-date trading and has touched a low of $4.80 and a high of $13.91 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The HIMX stock was last observed hovering at around $8.49 in the last trading session, with the day’s gains setting it 0.23%.
Currently trading at $8.72, the stock is -11.77% and -7.16% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.18 million and changing 2.71% at the moment leaves the stock 21.80% off its SMA200. HIMX registered 51.39% gain for a year compared to 6-month gain of 60.59%.
The stock witnessed a -8.21% loss in the last 1 month and extending the period to 3 months gives it a 30.34%, and is -12.89% 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 7.52% over the week and 8.53% over the month.
Himax Technologies ADR (HIMX) has around 2164 employees, a market worth around $1.52B and $905.00M in sales. Current P/E ratio is 19.19 and Fwd P/E is 8.72. Profit margin for the company is 8.79%. Distance from 52-week low is 81.67% and -37.31% from its 52-week high. The company has generated returns on investments over the last 12 months (8.66%).
with sales reaching $207.1M over the same period.The EPS is expected to shrink by -34.21% this year, but quarterly earnings will post 8.24% year-over-year. Quarterly sales are estimated to shrink -0.22% in year-over-year returns.
The shares outstanding are 174.70M, and float is at 174.70M with Short Float at 4.56%.
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 1.3118 of the HIMX Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 2.11 million shares valued at $16.77 million to account for 1.2087 of the shares outstanding. The other top investors are ACADIAN ASSET MANAGEMENT LLC which holds 3.37 million shares representing 0.9643 and valued at over $26.73 million, while ALLIANZ ASSET MANAGEMENT GMBH holds 0.6009 of the shares totaling 1.05 million with a market value of $8.34 million.
