Himax Technologies (NASDAQ:HIMX - Get Free Report) updated its first quarter 2025 earnings guidance on Thursday. The company provided EPS guidance of 0.090-0.110 for the period, compared to the consensus EPS estimate of 0.080. The company issued revenue guidance of $207.6 million-$217.1 million, compared to the consensus revenue estimate of $200.7 million.
Wall Street Analyst Weigh In
Separately, Robert W. Baird increased their target price on Himax Technologies from $7.00 to $15.00 and gave the company an "outperform" rating in a report on Friday, December 13th.
View Our Latest Stock Report on Himax Technologies
Himax Technologies Trading Up 9.7 %
HIMX traded up $0.96 during trading on Monday, hitting $10.88. 6,207,140 shares of the stock traded hands, compared to its average volume of 5,621,411. The firm has a 50-day moving average of $8.73 and a 200 day moving average of $6.78. Himax Technologies has a 12-month low of $4.80 and a 12-month high of $13.91. The firm has a market capitalization of $1.90 billion, a P/E ratio of 24.73 and a beta of 2.00. The company has a debt-to-equity ratio of 0.03, a current ratio of 1.64 and a quick ratio of 1.37.
Himax Technologies (NASDAQ:HIMX - Get Free Report) last posted its earnings results on Thursday, February 13th. The semiconductor company reported $0.14 earnings per share (EPS) for the quarter. The company had revenue of $237.22 million for the quarter. Himax Technologies had a return on equity of 9.06% and a net margin of 8.77%.
Himax Technologies declared that its Board of Directors has initiated a share buyback plan on Wednesday, December 4th that authorizes the company to buyback $20.00 million in outstanding shares. This buyback authorization authorizes the semiconductor company to purchase up to 1.9% of its shares through open market purchases. Shares buyback plans are generally an indication that the company's management believes its shares are undervalued.
About Himax Technologies
(
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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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