Himax Technologies (NASDAQ:HIMX - Get Free Report) updated its fourth quarter 2024 earnings guidance on Thursday. The company provided earnings per share guidance of 0.093-0.110 for the period, compared to the consensus earnings per share estimate of 0.110. The company issued revenue guidance of -. Himax Technologies also updated its Q4 guidance to $0.09-0.11 EPS.
Analysts Set New Price Targets
Separately, StockNews.com lowered shares of Himax Technologies from a "buy" rating to a "hold" rating in a research report on Friday, August 2nd.
Read Our Latest Report on Himax Technologies
Himax Technologies Price Performance
NASDAQ:HIMX traded down $0.15 during trading hours on Thursday, hitting $5.80. The stock had a trading volume of 997,519 shares, compared to its average volume of 789,915. The company has a 50 day simple moving average of $5.78 and a two-hundred day simple moving average of $6.30. The firm has a market capitalization of $1.01 billion, a price-to-earnings ratio of 13.84 and a beta of 2.10. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.58 and a quick ratio of 1.32. Himax Technologies has a one year low of $4.80 and a one year high of $8.73.
Himax Technologies (NASDAQ:HIMX - Get Free Report) last posted its quarterly earnings data on Friday, August 9th. The semiconductor company reported $0.17 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.15 by $0.02. Himax Technologies had a return on equity of 8.94% and a net margin of 8.42%. The company had revenue of $239.60 million during the quarter, compared to analyst estimates of $232.78 million. During the same quarter last year, the company earned $0.01 earnings per share. The firm's quarterly revenue was up 2.0% on a year-over-year basis.
Himax Technologies Company Profile
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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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