Himax Technologies Inc. (NASDAQ:HIMX) went up by 8.16% from its latest closing price compared to the recent 1-year high of $8.30. The company’s stock price has collected 13.31% of gains in the last five trading sessions. Press Release reported 19 hours ago that Himax Technologies, Inc. Schedules Fourth Quarter and Full Year 2020 Financial Results Conference Call for Thursday, February 4th at 8:00 AM EST
Is It Worth Investing in Himax Technologies Inc. (NASDAQ :HIMX) Right Now?
Himax Technologies Inc. (NASDAQ:HIMX) scored a price-to-earnings ratio above its average ratio, recording 51.53 x from its present earnings ratio. Plus, the 36-month beta value for HIMX is at 1.94. Opinions of the stock are interesting as 1 analysts out of 4 who provided ratings for Himax Technologies Inc. declared the stock was a “buy,” while 1 rated the stock as “overweight,” 2 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $6.70, which is -$1.93 below the current price. HIMX currently public float of 123.62M and currently shorts hold a 2.43% ratio of that float. Today, the average trading volume of HIMX was 1.90M shares.
HIMX’s Market Performance
HIMX stocks went up by 13.31% for the week, with a monthly jump of 21.84% and a quarterly performance of 109.04%, while its annual performance rate touched 110.68%. The volatility ratio for the week stands at 7.68% while the volatility levels for the past 30 days are set at 7.44% for Himax Technologies Inc.. The simple moving average for the period of the last 20 days is 14.02% for HIMX stocks with a simple moving average of 97.03% for the last 200 days.
Analysts’ Opinion of HIMX
Robert W. Baird, on the other hand, stated in their research note that they expect to see HIMX reach a price target of $6. The rating they have provided for HIMX stocks is “Outperform” according to the report published on March 25th, 2020.
Lake Street gave a rating of “Buy” to HIMX, setting the target price at $5 in the report published on January 31st of the previous year.
HIMX Trading at 37.90% from the 50-Day Moving Average
After a stumble in the market that brought HIMX to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -2.53% of loss for the given period.
Volatility was left at 7.44%, however, over the last 30 days, the volatility rate increased by 7.68%, as shares surge +15.24% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +125.35% upper at present.
During the last 5 trading sessions, HIMX rose by +13.31%, which changed the moving average for the period of 200-days by +183.86% in comparison to the 20-day moving average, which settled at $7.15. In addition, Himax Technologies Inc. saw 9.47% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for HIMX
Current profitability levels for the company are sitting at:
- -2.72 for the present operating margin
- +18.12 for the gross margin
The net margin for Himax Technologies Inc. stands at -2.03. The total capital return value is set at -2.86, while invested capital returns managed to touch -3.09. Equity return is now at value 3.30, with 1.70 for asset returns.
Based on Himax Technologies Inc. (HIMX), the company’s capital structure generated 52.09 points at debt to equity in total, while total debt to capital is 34.25. Total debt to assets is 27.56, with long-term debt to equity ratio resting at 0.64. Finally, the long-term debt to capital ratio is 0.42.
When we switch over and look at the enterprise to sales, we see a ratio of 0.68, with the company’s debt to enterprise value settled at 0.55. The receivables turnover for the company is 3.76 and the total asset turnover is 0.81. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.59.