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

Himax Technologies, Inc. (NASDAQ:HIMX)’s stock price was up 11.9% during trading on Monday . The stock traded as high as $22.31 and last traded at $23.0110. Approximately 2,660,888 shares traded hands during 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 Analysts Forecast Growth

Several equities analysts recently commented on HIMX shares. Morgan Stanley reiterated an “equal weight” rating and set a $8.00 target price on shares of Himax Technologies in a research note on Wednesday, February 4th. Wall Street Zen upgraded shares of Himax Technologies from a “sell” rating to a “hold” rating in a research note on Saturday, March 7th. Three research analysts have rated the stock with a Hold rating, According to MarketBeat, Himax Technologies presently has an average rating of “Hold” and a consensus target price of $8.00.

Himax Technologies Price Performance

The stock has a market cap of $4.00 billion, a P/E ratio of 116.98 and a beta of 2.24. 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 company’s fifty day simple moving average is $13.19 and its 200-day simple moving average is $9.89.

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

Himax Technologies Cuts Dividend

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

Institutional Investors Weigh In On Himax Technologies

Several institutional investors and hedge funds have recently bought and sold shares of the business. EverSource Wealth Advisors LLC increased its holdings in Himax Technologies by 51.0% in the 1st quarter. EverSource Wealth Advisors LLC now owns 7,589 shares of the semiconductor company’s stock valued at $60,000 after buying an additional 2,564 shares during the period. Royal Bank of Canada increased its holdings in Himax Technologies by 31.8% in the 1st quarter. Royal Bank of Canada now owns 193,024 shares of the semiconductor company’s stock valued at $1,519,000 after buying an additional 46,582 shares during the period. Lazard Asset Management LLC increased its holdings in Himax Technologies by 11.1% in the 1st quarter. Lazard Asset Management LLC now owns 6,355,718 shares of the semiconductor company’s stock valued at $50,019,000 after buying an additional 637,020 shares during the period. Waverly Advisors LLC increased its holdings in Himax Technologies by 11.5% in the 1st quarter. Waverly Advisors LLC now owns 18,065 shares of the semiconductor company’s stock valued at $142,000 after buying an additional 1,862 shares during the period. Finally, Renaissance Technologies LLC increased its holdings in Himax Technologies by 233.3% in the 1st quarter. Renaissance Technologies LLC now owns 647,461 shares of the semiconductor company’s stock valued at $5,096,000 after buying an additional 453,200 shares during the period. Institutional investors 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.