Equities research analysts expect that Himax Technologies, Inc. (NASDAQ:HIMX) will report earnings per share of ($0.03) for the current fiscal quarter, according to Zacks. Two analysts have issued estimates for Himax Technologies’ earnings, with estimates ranging from ($0.03) to ($0.02). Himax Technologies also posted earnings per share of ($0.03) during the same quarter last year. The business is scheduled to issue its next quarterly earnings report on Thursday, August 13th.
On average, analysts expect that Himax Technologies will report full-year earnings of ($0.06) per share for the current fiscal year, with EPS estimates ranging from ($0.08) to ($0.04). For the next financial year, analysts anticipate that the firm will post earnings of $0.22 per share. Zacks Investment Research’s earnings per share averages are an average based on a survey of research firms that follow Himax Technologies.
Himax Technologies (NASDAQ:HIMX) last posted its earnings results on Thursday, May 14th. The semiconductor company reported $0.02 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.02. Himax Technologies had a negative return on equity of 1.62% and a negative net margin of 1.15%. The business had revenue of $184.60 million during the quarter, compared to analyst estimates of $187.49 million. During the same quarter last year, the firm earned ($0.01) earnings per share. The company’s revenue for the quarter was up 13.0% compared to the same quarter last year.
A number of large investors have recently added to or reduced their stakes in HIMX. Full Sail Capital LLC bought a new position in Himax Technologies during the 1st quarter worth approximately $33,000. Voloridge Investment Management LLC bought a new position in Himax Technologies during the 1st quarter worth approximately $37,000. Engineers Gate Manager LP bought a new position in Himax Technologies during the 1st quarter worth approximately $38,000. Tower Research Capital LLC TRC lifted its holdings in Himax Technologies by 2,341.1% during the 1st quarter. Tower Research Capital LLC TRC now owns 15,989 shares of the semiconductor company’s stock worth $44,000 after buying an additional 15,334 shares during the last quarter. Finally, US Bancorp DE lifted its holdings in Himax Technologies by 35.3% during the 1st quarter. US Bancorp DE now owns 18,707 shares of the semiconductor company’s stock worth $51,000 after buying an additional 4,881 shares during the last quarter. 10.73% of the stock is currently owned by institutional investors.
Shares of HIMX stock traded up $0.14 during trading hours on Thursday, reaching $4.16. The company had a trading volume of 1,629,450 shares, compared to its average volume of 1,664,843. Himax Technologies has a twelve month low of $1.70 and a twelve month high of $5.10. The company has a market capitalization of $692.16 million, a P/E ratio of -104.00 and a beta of 1.02. The stock’s fifty day simple moving average is $3.24 and its 200 day simple moving average is $3.41.
About Himax Technologies
Himax Technologies, Inc, a fabless semiconductor company, provides display imaging processing technologies worldwide. The company operates in two segments, Driver IC and Non-Driver Products. It offers display driver integrated circuits (ICs) and timing controllers used in televisions (TVs), laptops, monitors, mobile phones, tablets, digital cameras, car navigation, and other consumer electronics devices.
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