Himax Technologies ADR (NASDAQ: HIMX) is -11.32% lower on its value in year-to-date trading and has touched a low of $4.93 and a high of $13.91 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 $7.07 in the last trading session, with the day’s gains setting it 0.06%.
Currently trading at $7.13, the stock is 8.10% and -11.30% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.04 million and changing 0.78% at the moment leaves the stock -0.31% off its SMA200. HIMX registered 40.35% gain for a year compared to 6-month gain of 15.75%. The firm has a 50-day simple moving average (SMA 50) of $8.038 and a 200-day simple moving average (SMA200) of $7.1524.
The stock witnessed a -4.17% loss in the last 1 month and extending the period to 3 months gives it a -26.57%, and is 3.03% 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 3.41% over the week and 6.16% over the month.
Himax Technologies ADR (HIMX) has around 2177 employees, a market worth around $1.22B and $905.00M in sales. Current P/E ratio is 15.59 and Fwd P/E is 7.13. Profit margin for the company is 8.79%. Distance from 52-week low is 44.51% and -48.74% from its 52-week high. The company has generated returns on investments over the last 12 months (8.63%).
with sales reaching $210.15M over the same period.The EPS is expected to shrink by -34.21% this year, but quarterly earnings will post 5.06% year-over-year. Quarterly sales are estimated to grow 1.25% in year-over-year returns.
175.0 institutions hold shares in Himax Technologies ADR (HIMX), with institutional investors hold 30.13% of the company’s shares. The shares outstanding are 171.48M, and float is at 171.48M with Short Float at 3.92%. Institutions hold 20.80% of the Float.
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 ACADIAN ASSET MANAGEMENT LLC with 3.37 million shares valued at $26.73 million to account for 0.9643 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 2.11 million shares representing 0.6043 and valued at over $16.77 million, while ALLIANZ ASSET MANAGEMENT GMBH holds 0.6009 of the shares totaling 1.05 million with a market value of $8.34 million.
