Himax Technologies (NASDAQ:HIMX) Trading Up 11.9% – Still a Buy?

Himax Technologies, Inc. (NASDAQ:HIMX) shares rose 11.9% on Monday . The stock traded as high as $22.31 and last traded at $23.0110. Approximately 2,660,888 shares changed hands during mid-day trading, a decline of 19% from the average daily volume of 3,265,846 shares. The stock had previously closed at $20.57.

Wall Street Analyst Weigh In

HIMX has been the topic of several analyst reports. Morgan Stanley reaffirmed an “equal weight” rating and issued a $8.00 target price on shares of Himax Technologies in a report on Wednesday, February 4th. Wall Street Zen raised shares of Himax Technologies from a “sell” rating to a “hold” rating in a report on Saturday, March 7th. Three research analysts have rated the stock with a Hold rating, According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $8.00.

Himax Technologies Trading Up 11.5%

The company’s fifty day moving average price is $13.19 and its two-hundred day moving average price is $9.89. The company has a current ratio of 1.62, a quick ratio of 1.42 and a debt-to-equity ratio of 0.02. The firm has a market cap of $4.00 billion, a P/E ratio of 116.98 and a beta of 2.24.

Himax Technologies (NASDAQ:HIMX) last issued its quarterly earnings results on Thursday, May 7th. The semiconductor company reported $0.05 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.03 by $0.02. The business had revenue of $199.01 million for the quarter, compared to the consensus estimate of $195.01 million. Himax Technologies had a net margin of 3.91% and a return on equity of 3.57%. The firm’s quarterly revenue was down 7.5% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.11 EPS. Himax Technologies has set its Q2 2026 guidance at 0.086-0.103 EPS. As a group, sell-side analysts predict that Himax Technologies, Inc. will post 0.4 EPS for the current fiscal year.

Himax Technologies Cuts Dividend

The business also recently declared an annual dividend, which will be paid on Friday, July 10th. Investors of record on Tuesday, June 30th will be given a dividend of $0.252 per share. The ex-dividend date is Tuesday, June 30th. This represents a yield of 122.0%. Himax Technologies’s dividend payout ratio is 180.00%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in HIMX. Royal Bank of Canada lifted its position in Himax Technologies by 3.7% during the 1st quarter. Royal Bank of Canada now owns 106,503 shares of the semiconductor company’s stock worth $782,000 after buying an additional 3,811 shares in the last quarter. Goldman Sachs Group Inc. lifted its position in Himax Technologies by 127.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 240,411 shares of the semiconductor company’s stock worth $1,767,000 after buying an additional 134,799 shares in the last quarter. Geode Capital Management LLC lifted its position in Himax Technologies by 6.0% during the 2nd quarter. Geode Capital Management LLC now owns 130,607 shares of the semiconductor company’s stock worth $1,166,000 after buying an additional 7,434 shares in the last quarter. Cetera Investment Advisers acquired a new position in Himax Technologies during the 2nd quarter worth about $90,000. Finally, Franklin Resources Inc. acquired a new position in Himax Technologies during the 2nd quarter worth about $134,000. Institutional investors and hedge funds own 69.81% of the company’s stock.

Himax Technologies Company Profile

Himax Technologies, Inc (NASDAQ: HIMX) is a fabless semiconductor company specializing in display imaging technologies. The company designs and develops a comprehensive portfolio of display driver integrated circuits (DDICs), timing controllers, and other high-speed interface chips that enable high-resolution panels for a wide array of electronic devices. Himax’s solutions are tailored to support both LCD and OLED displays, ensuring compatibility with television sets, desktop monitors, laptops, tablets, smartphones and wearable devices.

In addition to core display driver products, Himax offers wafer-level optics and liquid crystal on silicon (LCOS) microdisplay solutions for applications in augmented reality (AR) and virtual reality (VR) headsets.