Himax Technologies ADR (NASDAQ: HIMX) has seen a rise in its stock price by 2.08 in relation to its previous close of 8.21. However, the company has experienced a 3.21% gain in its stock price over the last five trading sessions. globenewswire.com reported 2025-01-03 that Unlocking the Future of Thermal Imaging with Superior Sensitivity, AI Power, Privacy Protection, and Affordable Pricing Unlocking the Future of Thermal Imaging with Superior Sensitivity, AI Power, Privacy Protection, and Affordable Pricing
Is It Worth Investing in Himax Technologies ADR (NASDAQ: HIMX) Right Now?
Himax Technologies ADR (NASDAQ: HIMX) has a price-to-earnings ratio of 18.59x that is above its average ratio. Additionally, the 36-month beta value for HIMX is 2.03. There are mixed opinions on the stock, with 1 analysts rating it as a “buy,” 1 rating it as “overweight,” 1 rating it as “hold,” and 0 rating it as “sell.”
The public float for HIMX is 174.70M and currently, short sellers hold a 3.76% ratio of that float. The average trading volume of HIMX on January 07, 2025 was 1.49M shares.
HIMX’s Market Performance
The stock of Himax Technologies ADR (HIMX) has seen a 3.21% increase in the past week, with a 35.61% rise in the past month, and a 42.53% gain in the past quarter. The volatility ratio for the week is 6.73%, and the volatility levels for the past 30 days are at 8.67% for HIMX. The simple moving average for the last 20 days is 6.43% for HIMX stock, with a simple moving average of 33.78% for the last 200 days.
Analysts’ Opinion of HIMX
Many brokerage firms have already submitted their reports for HIMX stocks, with Credit Suisse repeating the rating for HIMX by listing it as a “Outperform.” The predicted price for HIMX in the upcoming period, according to Credit Suisse is $8 based on the research report published on August 11, 2023 of the previous year 2023.
Credit Suisse, on the other hand, stated in their research note that they expect to see HIMX reach a price target of $7. The rating they have provided for HIMX stocks is “Neutral” according to the report published on July 14th, 2022.
Nomura gave a rating of “Neutral” to HIMX, setting the target price at $11 in the report published on April 07th of the previous year.
HIMX Trading at 28.23% 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 -14.48% of loss for the given period.
Volatility was left at 8.67%, however, over the last 30 days, the volatility rate increased by 6.73%, as shares surge +25.71% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +34.78% upper at present.
During the last 5 trading sessions, HIMX rose by +3.57%, which changed the moving average for the period of 200-days by +56.32% in comparison to the 20-day moving average, which settled at $7.88. In addition, Himax Technologies ADR saw 4.24% 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:
- 0.07 for the present operating margin
- 0.3 for the gross margin
The net margin for Himax Technologies ADR stands at 0.09. The total capital return value is set at 0.07. Equity return is now at value 9.27, with 4.86 for asset returns.
Based on Himax Technologies ADR (HIMX), the company’s capital structure generated 0.38 points at debt to capital in total, while cash flow to debt ratio is standing at 0.28. The debt to equity ratio resting at 0.62. The interest coverage ratio of the stock is 19.45.
Currently, EBITDA for the company is 58.65 million with net debt to EBITDA at 4.07. When we switch over and look at the enterprise to sales, we see a ratio of 2.01. The receivables turnover for the company is 3.98for trailing twelve months and the total asset turnover is 0.55. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.64.
Conclusion
In conclusion, Himax Technologies ADR (HIMX) has seen better performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
