Himax Technologies (NASDAQ:HIMX) Stock Price Up 5.8% – Time to Buy?

Himax Technologies, Inc. (NASDAQ:HIMX) shares shot up 5.8% on Friday . The stock traded as high as $8.91 and last traded at $8.9090. 307,901 shares were traded during mid-day trading, a decline of 67% from the average session volume of 924,151 shares. The stock had previously closed at $8.42.

Analyst Ratings Changes

A number of equities analysts have commented on HIMX shares. Weiss Ratings restated a “hold (c)” rating on shares of Himax Technologies in a research report on Wednesday, October 8th. Zacks Research upgraded shares of Himax Technologies to a “hold” rating in a research note on Wednesday, November 12th. One investment analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $8.80.

Himax Technologies Price Performance

The company has a debt-to-equity ratio of 0.03, a current ratio of 1.60 and a quick ratio of 1.42. The firm has a market capitalization of $1.52 billion, a P/E ratio of 24.18 and a beta of 1.80. The company’s 50 day moving average price is $8.10 and its 200 day moving average price is $8.50.

Himax Technologies (NASDAQ:HIMX) last posted its quarterly earnings data on Thursday, November 6th. The semiconductor company reported $0.01 earnings per share for the quarter. The firm had revenue of $199.16 million during the quarter, compared to analysts’ expectations of $186.22 million. Himax Technologies had a net margin of 7.18% and a return on equity of 6.98%. Himax Technologies’s revenue was down 10.5% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.07 EPS. Himax Technologies has set its Q4 2025 guidance at 0.020-0.040 EPS.

Hedge Funds Weigh In On Himax Technologies

Hedge funds have recently added to or reduced their stakes in the company. Triumph Capital Management bought a new stake in Himax Technologies during the 3rd quarter worth about $28,000. Steadtrust LLC grew its holdings in Himax Technologies by 17.1% during the 3rd quarter. Steadtrust LLC now owns 41,100 shares of the semiconductor company’s stock worth $363,000 after acquiring an additional 6,000 shares during the period. Advisory Services Network LLC bought a new stake in shares of Himax Technologies during the 3rd quarter valued at $28,000. Caxton Associates LLP bought a new stake in shares of Himax Technologies during the 3rd quarter valued at $518,000. Finally, Verition Fund Management LLC acquired a new position in shares of Himax Technologies in the 3rd quarter valued at $464,000. Institutional investors own 69.81% of the company’s stock.

Himax Technologies Company Profile

Himax Technologies, Inc (NASDAQ: HIMX) is a fabless semiconductor company specializing in display imaging technologies. The company designs and develops a comprehensive portfolio of display driver integrated circuits (DDICs), timing controllers, and other high-speed interface chips that enable high-resolution panels for a wide array of electronic devices. Himax’s solutions are tailored to support both LCD and OLED displays, ensuring compatibility with television sets, desktop monitors, laptops, tablets, smartphones and wearable devices.

In addition to core display driver products, Himax offers wafer-level optics and liquid crystal on silicon (LCOS) microdisplay solutions for applications in augmented reality (AR) and virtual reality (VR) headsets.