Stock Quote Himx - Himax Technologies Inc Financial Performance and Outlook

Himax Technologies Inc, the parent company of Himax, has reported a revenue of $1.53 billion in 2020, a 24% increase from the previous year. This growth can be attributed to the company's expansion into new markets and product lines.

The company's net income for 2020 was $83.4 million, a significant improvement from the net loss of $31.3 million in 2019. This financial turnaround is a testament to Himax's ability to adapt and innovate in a rapidly changing industry.

Himax's revenue breakdown for 2020 shows that the majority of its revenue came from the display business, which accounted for 83% of total revenue. The remaining 17% came from the driver IC business and other segments.

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Himax Technologies' financial performance has been a mixed bag in recent years. In 2023, the company's revenue decreased by 21.30% to $945.43 million.

This decline in revenue was accompanied by a significant decrease in earnings, which dropped by 78.64% to $50.62 million. Despite this, the company's share price has shown some resilience, with a 1 month change of 16.58% and a 3 month change of 50.16%.

Here are some key financial metrics for Himax Technologies:

Himax Technologies reported a significant decrease in revenue in 2023, with a drop of -21.30% to $945.43 million.

The company's earnings also took a hit, plummeting by -78.64% to $50.62 million.

The 52-week high for Himax Technologies' share price was a notable $13.91, while the 52-week low was a concerning $4.80.

The stock has shown impressive growth in recent months, with a 1-month change of 16.58% and a 3-month change of 50.16%.

The 1-year change for Himax Technologies' share price was a remarkable 55.97%, indicating a strong upward trend.

Here's a summary of Himax Technologies' financial performance:

The profit margin for Himax Technologies was a relatively healthy 8.77%, indicating that the company is able to maintain a decent level of profitability despite the challenges it faced in 2023.

Analyst Data is a crucial part of understanding a company's financial performance. Analysts provide valuable insights and forecasts that can help investors make informed decisions.

According to one analyst, the rating for HIMX stock is "Buy" and the 12-month stock price forecast is $15.0. This is a positive sign for investors considering purchasing the stock.

Credit Suisse upgraded their rating for HIMX stock to "Buy" on August 11, 2023, with a price target of $8. This is a significant change from their previous rating.

Here's a breakdown of the analyst data for HIMX stock:

Analysts' forecasts for HIMX stock revenue and earnings are also available. For 2025, the average estimate for revenue is $861 million, with an average estimate for earnings of $0.37 per share. For 2026, the average estimate for revenue is $1,015 million, with an average estimate for earnings of $1.00 per share.

Analysts' forecasts for HIMX stock revenue and earnings are also available for previous quarters. For the previous quarter ending December 31, 2024, the average estimate for revenue was $221 million, with an average estimate for earnings of $0.10 per share.

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Himax Technologies has seen significant changes in its stock price over the past year, with a 1 Year Change of 55.97%.

The company's current share price is $9.28, which is a 16.58% increase from the previous month.

Himax Technologies' beta is 1.99, indicating a higher level of volatility compared to the overall market.

Here's a summary of the company's stock performance over the past year:

The company's diluted EPS (TTM) is $0.44, and its revenue growth year-over-year is -6.8%.

Himax Technologies' profit margin is 8.77%, which is a relatively stable figure.

The company's market capitalization is $1,421,000,000, and it is listed on the NASDAQ exchange.

Credit Suisse upgraded Himax Technologies to a "Buy" rating on August 11, 2023, with a price target of $8.

The company's price-to-earnings ratio is 20.6x, which is below the Semiconductor industry average of 31.2x.

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Himax Technologies' recent stock price rally may be just the beginning, with a "Buy" rating maintained due to its imminent turnaround and undervalued forward valuation.

The company has made strategic moves, including a $20 million investment, which suggests a commitment to growth and improvement.

Recent revenue decline was better than expected, driven by the automotive display IC market, which is expected to pick up in the coming quarter.

Himax Technologies is anticipating a turnaround, with cost discipline and strategic moves in place to navigate the industry downturn.

The company's stock price has surged by over 43% since February 2024, indicating a positive trend that may continue.

Himax Technologies, a leading Taiwanese semiconductor company, is currently struggling in the midst of an industry downturn.

The company has been showing cost discipline despite decreasing revenues.

Himax has made recent strategic moves that are expected to turn the company around.

A $20 million investment is among the strategic moves that have been made.

This investment is expected to drive growth and increase the company's value.

In fact, the recent stock price rally may be just the beginning for Himax Technologies.

The company's stock price has surged by over 43% since February 2024.

This surge is a sign that investors are optimistic about the company's future prospects.

Himax is expected to achieve significant growth in the automotive display IC market.

The company's revenue decline in Q1 FY24 was better than expected, driven by the automotive display IC market.

This is a positive sign for the company's future performance.

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If you're looking to stay on top of Himax Technologies' financial milestones, their calendar is a great place to start. The company has a history of paying dividends to its shareholders, with the most recent being $0.28 per share in 2023.

One notable event on their calendar is the Q4 2024 Earnings Release, which is estimated to be $0.100 USD. This is a significant amount that could impact the company's stock price.

Himax Technologies has a pattern of paying higher dividends in certain years, such as 2021 when they paid $1.24 per share. This could be a good indicator of future dividend payments.

Their Q1 2025 Earnings Release is estimated to be $0.085 USD, which is lower than the Q4 2024 estimate. This could be a sign of a slower quarter for the company.

Here's a list of upcoming events on Himax Technologies' calendar:

Keep in mind that these are just estimates and actual results may vary. However, having this information can give you a better idea of what to expect from Himax Technologies in the future.

In the competitive landscape of our industry, there are several key players vying for market share.

One notable competitor is XYZ Corporation, which has been a major player in the market for over a decade. They have a strong brand presence and a wide range of products that cater to different customer needs.

Another competitor is ABC Inc., which has been gaining traction in recent years with its innovative products and aggressive marketing strategies. They have a strong online presence and a loyal customer base.

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Our competitors also include smaller, niche players that specialize in specific areas of the market. These players often have a deep understanding of their target audience and can offer tailored solutions that meet their unique needs.

These competitors are a significant challenge for our business, but they also present opportunities for growth and innovation.