Himax Technologies (HIMX) Set to Announce Earnings on Tuesday

Himax Technologies (NASDAQ:HIMXGet Free Report) is set to release its earnings data before the market opens on Tuesday, February 6th. Persons that are interested in participating in the company’s earnings conference call can do so using this link.

Himax Technologies (NASDAQ:HIMXGet Free Report) last posted its earnings results on Thursday, November 9th. The semiconductor company reported $0.06 EPS for the quarter, beating analysts’ consensus estimates of $0.04 by $0.02. The business had revenue of $238.50 million for the quarter, compared to the consensus estimate of $229.59 million. Himax Technologies had a net margin of 7.06% and a return on equity of 9.04%. The company’s revenue for the quarter was up 11.8% on a year-over-year basis. During the same quarter last year, the firm posted $0.09 EPS.

Himax Technologies Trading Down 1.0 %

NASDAQ HIMX opened at $5.71 on Monday. Himax Technologies has a one year low of $5.22 and a one year high of $8.65. The company has a market capitalization of $995.94 million, a price-to-earnings ratio of 14.28 and a beta of 2.04. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.38 and a current ratio of 1.75. The company’s 50-day simple moving average is $5.96 and its two-hundred day simple moving average is $5.99.

Analyst Upgrades and Downgrades

Separately, StockNews.com cut shares of Himax Technologies from a “buy” rating to a “hold” rating in a report on Tuesday, December 26th.

Read Our Latest Stock Report on HIMX

Institutional Trading of Himax Technologies

Several institutional investors and hedge funds have recently bought and sold shares of the business. Russell Investments Group Ltd. purchased a new position in shares of Himax Technologies during the 1st quarter valued at approximately $179,000. Commonwealth Equity Services LLC increased its holdings in Himax Technologies by 8.2% in the 3rd quarter. Commonwealth Equity Services LLC now owns 33,488 shares of the semiconductor company’s stock worth $162,000 after acquiring an additional 2,524 shares in the last quarter. Toroso Investments LLC purchased a new stake in Himax Technologies in the 3rd quarter worth $146,000. Vident Investment Advisory LLC increased its holdings in Himax Technologies by 11.4% in the 4th quarter. Vident Investment Advisory LLC now owns 22,465 shares of the semiconductor company’s stock worth $140,000 after acquiring an additional 2,296 shares in the last quarter. Finally, BNP Paribas Arbitrage SNC increased its holdings in Himax Technologies by 21.2% in the 1st quarter. BNP Paribas Arbitrage SNC now owns 17,083 shares of the semiconductor company’s stock worth $139,000 after acquiring an additional 2,986 shares in the last quarter. 15.68% of the stock is currently owned by institutional investors and hedge funds.

About Himax Technologies

(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, laptops, monitors, mobile phones, tablets, automotive, digital cameras, car navigation, virtual reality devices, and other consumer electronic devices.

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Earnings History for Himax Technologies (NASDAQ:HIMX)

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