Himax Technologies’ (HIMX) “Equal Weight” Rating Reiterated at Morgan Stanley

Himax Technologies (NASDAQ:HIMX)‘s stock had its “equal weight” rating reissued by analysts at Morgan Stanley in a research note issued on Wednesday, Marketbeat Ratings reports. They presently have a $8.00 price target on the semiconductor company’s stock. Morgan Stanley’s price objective suggests a potential upside of 2.70% from the stock’s previous close.

A number of other research analysts also recently commented on HIMX. Zacks Research raised Himax Technologies to a “hold” rating in a research note on Wednesday, November 12th. Weiss Ratings restated a “hold (c)” rating on shares of Himax Technologies in a research report on Thursday, January 22nd. Three research analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $8.00.

Himax Technologies Stock Down 2.3%

Shares of HIMX opened at $7.79 on Wednesday. The company has a current ratio of 1.60, a quick ratio of 1.42 and a debt-to-equity ratio of 0.03. Himax Technologies has a 12 month low of $5.66 and a 12 month high of $11.80. The firm’s 50 day moving average is $8.33 and its 200-day moving average is $8.40. The stock has a market capitalization of $1.36 billion, a PE ratio of 21.64 and a beta of 1.86.

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

Hedge Funds Weigh In On Himax Technologies

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. ProShare Advisors LLC grew its stake in shares of Himax Technologies by 5.5% during the third quarter. ProShare Advisors LLC now owns 24,700 shares of the semiconductor company’s stock worth $218,000 after buying an additional 1,280 shares during the last quarter. Natixis Advisors LLC boosted its holdings in shares of Himax Technologies by 5.6% during the 3rd quarter. Natixis Advisors LLC now owns 27,132 shares of the semiconductor company’s stock valued at $240,000 after acquiring an additional 1,432 shares in the last quarter. Ameriflex Group Inc. grew its position in Himax Technologies by 100.0% during the 3rd quarter. Ameriflex Group Inc. now owns 3,600 shares of the semiconductor company’s stock worth $32,000 after acquiring an additional 1,800 shares during the last quarter. Raymond James Financial Inc. increased its holdings in Himax Technologies by 18.2% in the 3rd quarter. Raymond James Financial Inc. now owns 16,242 shares of the semiconductor company’s stock worth $143,000 after purchasing an additional 2,504 shares in the last quarter. Finally, Sanctuary Advisors LLC raised its position in Himax Technologies by 13.8% in the fourth quarter. Sanctuary Advisors LLC now owns 24,838 shares of the semiconductor company’s stock valued at $203,000 after purchasing an additional 3,011 shares during the last quarter. Institutional investors own 69.81% of the company’s stock.

About Himax Technologies

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.