Himax Technologies (HIMX) to Release Earnings on Thursday

Himax Technologies (NASDAQ:HIMX - Get Free Report) is scheduled to issue its quarterly earnings data before the market opens on Thursday, November 7th. Individual interested in registering for the company's earnings conference call can do so using this link.

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 for the quarter, topping 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 business had revenue of $239.60 million for the quarter, compared to analysts' expectations of $232.78 million. During the same quarter in the previous year, the firm earned $0.01 earnings per share. The business's revenue was up 2.0% on a year-over-year basis.

Himax Technologies Stock Performance

NASDAQ:HIMX traded down $0.24 during trading hours on Thursday, reaching $5.73. The stock had a trading volume of 949,315 shares, compared to its average volume of 792,750. Himax Technologies has a 12-month low of $4.80 and a 12-month high of $8.73. The stock has a 50 day simple moving average of $5.78 and a 200 day simple moving average of $6.27. The stock has a market cap of $1.00 billion, a P/E ratio of 13.33 and a beta of 2.11. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.32 and a current ratio of 1.58.

Analysts Set New Price Targets

Separately, StockNews.com cut Himax Technologies from a "buy" rating to a "hold" rating in a research note on Friday, August 2nd.

Himax Technologies Company Profile

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.