Himax Technologies (NASDAQ:HIMX) Stock Price Down 13.7% – Should You Sell?

Himax Technologies, Inc. (NASDAQ:HIMX) shares fell 13.7% during mid-day trading on Friday . The stock traded as low as $20.50 and last traded at $20.6440. 2,737,150 shares changed hands during mid-day trading, a decline of 19% from the average session volume of 3,379,849 shares. The stock had previously closed at $23.93.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen raised shares of Himax Technologies from a “sell” rating to a “hold” rating in a report on Saturday, March 7th. Three equities research analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $8.00.

Himax Technologies Stock Performance

The company has a debt-to-equity ratio of 0.02, a quick ratio of 1.42 and a current ratio of 1.62. The firm’s 50 day simple moving average is $14.59 and its 200-day simple moving average is $10.41. The company has a market cap of $3.50 billion, a price-to-earnings ratio of 102.45 and a beta of 2.25.

Himax Technologies (NASDAQ:HIMX) last announced its 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. Himax Technologies had a net margin of 3.91% and a return on equity of 3.57%. The company had revenue of $199.01 million for the quarter, compared to analysts’ expectations of $195.01 million. During the same quarter in the previous year, the company posted $0.11 EPS. The firm’s quarterly revenue was down 7.5% on a year-over-year basis. Himax Technologies has set its Q2 2026 guidance at 0.086-0.103 EPS. On average, sell-side analysts predict that Himax Technologies, Inc. will post 0.4 EPS for the current year.

Himax Technologies Cuts Dividend

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

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. Triumph Capital Management acquired a new position in shares of Himax Technologies during the 3rd quarter worth approximately $28,000. Advisory Services Network LLC purchased a new position in shares of Himax Technologies during the 3rd quarter worth $28,000. Ameriflex Group Inc. raised its holdings in shares of Himax Technologies by 100.0% during the 3rd quarter. Ameriflex Group Inc. now owns 3,600 shares of the semiconductor company’s stock worth $32,000 after acquiring an additional 1,800 shares during the period. Police & Firemen s Retirement System of New Jersey purchased a new position in shares of Himax Technologies during the 4th quarter worth $41,000. Finally, EFG International AG purchased a new position in shares of Himax Technologies during the 4th quarter worth $41,000. 69.81% of the stock is currently owned by institutional investors and hedge funds.

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.