Himax Technologies (NASDAQ:HIMX) issued its quarterly earnings results on Tuesday. The semiconductor company reported $0.14 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.15 by ($0.01), Morningstar.com reports. Himax Technologies had a return on equity of 2.10% and a net margin of 1.25%. The business had revenue of $181.10 million during the quarter, compared to analyst estimates of $184.30 million. During the same period in the previous year, the business posted $0.03 earnings per share. The firm’s quarterly revenue was down 11.0% on a year-over-year basis.
Himax Technologies (NASDAQ:HIMX) traded down $0.09 during midday trading on Wednesday, hitting $8.20. The stock had a trading volume of 6,646,200 shares, compared to its average volume of 4,959,743. The firm has a market cap of $1,410.00, a price-to-earnings ratio of 137.75, a P/E/G ratio of 1.20 and a beta of 0.46. Himax Technologies has a fifty-two week low of $5.64 and a fifty-two week high of $13.95.
Large investors have recently made changes to their positions in the stock. Aperio Group LLC purchased a new stake in shares of Himax Technologies during the 4th quarter valued at about $107,000. Aviance Capital Management LLC raised its holdings in shares of Himax Technologies by 1,502.5% during the 4th quarter. Aviance Capital Management LLC now owns 14,503 shares of the semiconductor company’s stock valued at $151,000 after buying an additional 13,598 shares during the period. Stifel Financial Corp purchased a new stake in shares of Himax Technologies during the 2nd quarter valued at about $126,000. Janney Montgomery Scott LLC purchased a new stake in shares of Himax Technologies during the 3rd quarter valued at about $193,000. Finally, BlueCrest Capital Management Ltd purchased a new stake in shares of Himax Technologies during the 2nd quarter valued at about $145,000. Institutional investors and hedge funds own 27.31% of the company’s stock.
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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.
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