Himax Technologies (HIMX) Projected to Post Earnings on Tuesday

Himax Technologies (NASDAQ:HIMXGet Free Report) is anticipated to post its quarterly earnings results before the market opens on Tuesday, February 4th. Analysts expect Himax Technologies to post earnings of $0.10 per share and revenue of $221,085.00 billion for the quarter. Himax Technologies has set its Q4 2024 guidance at 0.093-0.110 EPS and its Q4 guidance at $0.09-0.11 EPS.Persons that are interested in registering for the company’s earnings conference call can do so using this link.

Himax Technologies (NASDAQ:HIMXGet Free Report) last posted its quarterly earnings data on Thursday, November 7th. The semiconductor company reported $0.07 earnings per share for the quarter, beating the consensus estimate of $0.04 by $0.03. Himax Technologies had a net margin of 8.77% and a return on equity of 9.06%. The firm had revenue of $222.40 million during the quarter, compared to analysts’ expectations of $205.93 million. During the same quarter last year, the company posted $0.06 EPS. The company’s quarterly revenue was down 6.8% compared to the same quarter last year.

Himax Technologies Price Performance

Shares of HIMX stock opened at $9.28 on Tuesday. Himax Technologies has a 1 year low of $4.80 and a 1 year high of $13.91. The company has a current ratio of 1.64, a quick ratio of 1.37 and a debt-to-equity ratio of 0.03. The firm’s 50 day moving average is $7.45 and its 200-day moving average is $6.54. The firm has a market capitalization of $1.62 billion, a price-to-earnings ratio of 21.09 and a beta of 1.94.

Himax Technologies announced that its board has approved a stock buyback plan on Wednesday, December 4th that permits the company to repurchase $20.00 million in shares. This repurchase authorization permits the semiconductor company to purchase up to 1.9% of its shares through open market purchases. Shares repurchase plans are often a sign that the company’s board believes its shares are undervalued.

Analyst Upgrades and Downgrades

Separately, Robert W. Baird upped their price target on Himax Technologies from $7.00 to $15.00 and gave the company an “outperform” rating in a research note on Friday, December 13th.

Check Out Our Latest Research Report on Himax Technologies

Himax Technologies Company Profile

(Get Free Report)

Himax Technologies, Inc, a fabless semiconductor company, provides display imaging processing technologies in China, Taiwan, the Philippines, Korea, Japan, Europe, and the United States. The company operates in two segments, Driver IC and Non-Driver Products. It offers display driver integrated circuits (ICs) and timing controllers that are used in televisions, PC monitors, laptops, mobile phones, tablets, automotive, ePaper devices, industrial displays, and other products.

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Earnings History for Himax Technologies (NASDAQ:HIMX)

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