Himax Technologies Inc. (NASDAQ:HIMX) went down by -2.23% from its latest closing price compared to the recent 1-year high of $17.88. The company’s stock price has collected -2.13% of loss in the last five trading sessions. Press Release reported on 10/08/21 that Himax Technologies, Inc. Schedules Third Quarter 2021 Financial Results Conference Call on Thursday, November 4th at 8:00 AM EDT
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 8.07 x from its present earnings ratio. Plus, the 36-month beta value for HIMX is at 1.82. Opinions of the stock are interesting as 2 analysts out of 3 who provided ratings for Himax Technologies Inc. declared the stock was a “buy,” while 1 rated the stock as “overweight,” 0 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $20.83, which is $6.61 above the current price. HIMX currently public float of 149.23M and currently shorts hold a 15.87% ratio of that float. Today, the average trading volume of HIMX was 3.43M shares.
HIMX’s Market Performance
HIMX stocks went down by -2.13% for the week, with a monthly drop of -11.49% and a quarterly performance of -29.39%, while its annual performance rate touched 170.51%. The volatility ratio for the week stands at 3.50% while the volatility levels for the past 30 days are set at 3.96% for Himax Technologies Inc.. The simple moving average for the period of the last 20 days is -4.45% for HIMX stocks with a simple moving average of -18.59% for the last 200 days.
Analysts’ Opinion of HIMX
Robert W. Baird gave a rating of “Outperform” to HIMX, setting the target price at $6 in the report published on March 25th of the previous year.
HIMX Trading at -14.73% 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 -43.57% of loss for the given period.
Volatility was left at 3.96%, however, over the last 30 days, the volatility rate increased by 3.50%, as shares sank -12.11% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -26.56% lower at present.
During the last 5 trading sessions, HIMX fell by -2.13%, which changed the moving average for the period of 200-days by +46.02% in comparison to the 20-day moving average, which settled at $10.49. In addition, Himax Technologies Inc. saw 36.54% 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:
- +6.53 for the present operating margin
- +23.01 for the gross margin
The net margin for Himax Technologies Inc. stands at +5.31. The total capital return value is set at 8.83, while invested capital returns managed to touch 9.68. Equity return is now at value 42.00, with 22.30 for asset returns.
Based on Himax Technologies Inc. (HIMX), the company’s capital structure generated 36.02 points at debt to equity in total, while total debt to capital is 26.48. Total debt to assets is 19.01, with long-term debt to equity ratio resting at 12.47. Finally, the long-term debt to capital ratio is 9.17.
When we switch over and look at the enterprise to sales, we see a ratio of 0.38, with the company’s debt to enterprise value settled at 0.15. The receivables turnover for the company is 4.32 and the total asset turnover is 1.03. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.97.