Brokerages expect Himax Technologies, Inc. (NASDAQ:HIMX) to post earnings of ($0.03) per share for the current fiscal quarter, according to Zacks. Four analysts have provided estimates for Himax Technologies’ earnings. The lowest EPS estimate is ($0.06) and the highest is ($0.02). Himax Technologies posted earnings per share of $0.01 during the same quarter last year, which would suggest a negative year over year growth rate of 400%. The business is scheduled to announce its next earnings report on Thursday, May 10th.

According to Zacks, analysts expect that Himax Technologies will report full year earnings of $0.12 per share for the current fiscal year, with EPS estimates ranging from ($0.01) to $0.38. For the next fiscal year, analysts expect that the company will report earnings of $0.31 per share, with EPS estimates ranging from $0.13 to $0.60. Zacks’ earnings per share averages are a mean average based on a survey of research analysts that cover Himax Technologies.

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Himax Technologies (NASDAQ:HIMX) last released its earnings results on Tuesday, February 13th. The semiconductor company reported $0.14 earnings per share for the quarter, missing analysts’ consensus estimates of $0.15 by ($0.01). Himax Technologies had a net margin of 4.08% and a return on equity of 6.41%. The firm had revenue of $181.10 million for the quarter, compared to analysts’ expectations of $184.30 million. During the same quarter last year, the firm posted $0.03 EPS. The firm’s quarterly revenue was down 11.0% compared to the same quarter last year.

Several analysts have commented on HIMX shares. BidaskClub cut shares of Himax Technologies from a “strong-buy” rating to a “buy” rating in a research note on Saturday, December 9th. Zacks Investment Research upgraded shares of Himax Technologies from a “sell” rating to a “buy” rating and set a $12.00 price target on the stock in a research note on Friday, January 12th. Credit Suisse Group set a $15.00 price target on shares of Himax Technologies and gave the stock a “buy” rating in a research note on Thursday, January 11th. Robert W. Baird boosted their price target on shares of Himax Technologies from $10.00 to $12.00 and gave the stock a “buy” rating in a research note on Tuesday, January 9th. Finally, Lake Street Capital set a $13.00 price target on shares of Himax Technologies and gave the stock a “buy” rating in a research note on Thursday, December 28th. Five research analysts have rated the stock with a sell rating, six have given a hold rating, six have assigned a buy rating and one has given a strong buy rating to the stock. The company has an average rating of “Hold” and a consensus target price of $10.79.

Himax Technologies stock opened at $6.99 on Thursday. Himax Technologies has a one year low of $6.40 and a one year high of $13.95. The firm has a market cap of $1,203.01, a price-to-earnings ratio of 41.12, a P/E/G ratio of 2.47 and a beta of 0.52.

Large investors have recently modified their holdings of the stock. Aperio Group LLC bought a new position in Himax Technologies during the 4th quarter valued at about $107,000. Two Sigma Securities LLC bought a new position in Himax Technologies during the 4th quarter valued at about $122,000. Northern Trust Corp grew its holdings in Himax Technologies by 9.7% during the 2nd quarter. Northern Trust Corp now owns 17,846 shares of the semiconductor company’s stock valued at $145,000 after purchasing an additional 1,583 shares during the last quarter. Aviance Capital Management LLC grew its holdings in Himax Technologies by 1,502.5% during the 4th quarter. Aviance Capital Management LLC now owns 14,503 shares of the semiconductor company’s stock valued at $151,000 after purchasing an additional 13,598 shares during the last quarter. Finally, Janney Montgomery Scott LLC bought a new position in Himax Technologies during the 3rd quarter valued at about $193,000. Institutional investors own 33.19% of the company’s stock.

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Himax Technologies Company Profile

Himax Technologies, Inc is a fabless semiconductor solution provider. The Company is engaged in display driver integrated circuits (IC) and timing controllers used in televisions, laptops, monitors, mobile phones, tablets, digital cameras, car navigation and other consumer electronics devices. The Company operates through two segments: Driver IC and Non-driver products.

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