Himax Technologies (HIMX) to Release Quarterly Earnings on Wednesday

Himax Technologies (NASDAQ:HIMX) is set to announce its earnings results on Wednesday, February 14th. Analysts expect the company to announce earnings of $0.15 per share for the quarter. Himax Technologies has set its Q4 guidance at $0.13-0.15 EPS.

Himax Technologies (NASDAQ:HIMX) last announced its earnings results on Thursday, November 9th. The semiconductor company reported $0.02 EPS for the quarter, beating the consensus estimate of $0.01 by $0.01. Himax Technologies had a return on equity of 3.43% and a net margin of 1.59%. The business had revenue of $197.15 million during the quarter, compared to the consensus estimate of $191.28 million. On average, analysts expect Himax Technologies to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Shares of Himax Technologies (HIMX) opened at $7.99 on Wednesday. Himax Technologies has a fifty-two week low of $4.88 and a fifty-two week high of $13.95. The company has a market capitalization of $1,370.00, a price-to-earnings ratio of 133.17, a PEG ratio of 1.24 and a beta of 0.46.

A hedge fund recently raised its stake in Himax Technologies stock. Northern Trust Corp grew its position in Himax Technologies, Inc. (NASDAQ:HIMX) by 9.7% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 17,846 shares of the semiconductor company’s stock after purchasing an additional 1,583 shares during the period. Northern Trust Corp’s holdings in Himax Technologies were worth $145,000 at the end of the most recent quarter. 26.99% of the stock is currently owned by institutional investors and hedge funds.

Several equities research analysts have recently commented on HIMX shares. Mizuho downgraded Himax Technologies from a “buy” rating to a “neutral” rating in a report on Wednesday, October 11th. Instinet reaffirmed a “buy” rating and set a $12.00 target price on shares of Himax Technologies in a report on Friday, October 13th. Robert W. Baird reaffirmed a “buy” rating on shares of Himax Technologies in a report on Sunday, October 22nd. Zacks Investment Research downgraded Himax Technologies from a “buy” rating to a “hold” rating in a report on Tuesday, October 24th. Finally, Oppenheimer reaffirmed a “sell” rating and set a $4.00 target price on shares of Himax Technologies in a report on Friday, November 10th. Four investment analysts have rated the stock with a sell rating, four have given a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Himax Technologies currently has an average rating of “Hold” and a consensus price target of $10.86.

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Himax Technologies Company Profile

Himax Technologies, Inc is a fabless semiconductor solution provider. The Company is engaged in display driver integrated circuits (IC) and timing controllers used in televisions, laptops, monitors, mobile phones, tablets, digital cameras, car navigation and other consumer electronics devices. The Company operates through two segments: Driver IC and Non-driver products.

Earnings History for Himax Technologies (NASDAQ:HIMX)

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