Himax Technologies (NASDAQ:HIMX) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of Himax Technologies (NASDAQ:HIMX) from a hold rating to a buy rating in a report released on Saturday.

Himax Technologies Stock Performance

NASDAQ HIMX opened at $14.73 on Friday. Himax Technologies has a 12-month low of $6.85 and a 12-month high of $25.09. The company has a quick ratio of 1.36, a current ratio of 1.55 and a debt-to-equity ratio of 0.02. The company has a 50-day simple moving average of $15.48 and a two-hundred day simple moving average of $12.58. The firm has a market cap of $2.57 billion, a price-to-earnings ratio of 71.50 and a beta of 2.30.

Himax Technologies (NASDAQ:HIMX) last posted its quarterly earnings results on Thursday, August 6th. The semiconductor company reported $0.11 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.10 by $0.01. Himax Technologies had a return on equity of 3.90% and a net margin of 4.26%.The business had revenue of $227.37 million for the quarter, compared to analyst estimates of $222.99 million. During the same period last year, the company earned $0.10 EPS. Himax Technologies’s revenue for the quarter was up 5.9% compared to the same quarter last year. Himax Technologies has set its Q3 2026 guidance at 0.080-0.100 EPS. On average, equities analysts forecast that Himax Technologies will post 0.4 EPS for the current year.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in HIMX. Natixis Advisors LLC grew its position in shares of Himax Technologies by 5.6% in the 3rd quarter. Natixis Advisors LLC now owns 27,132 shares of the semiconductor company’s stock worth $240,000 after buying an additional 1,432 shares during the period. Cetera Investment Advisers grew its stake in shares of Himax Technologies by 11.0% during the 4th quarter. Cetera Investment Advisers now owns 17,188 shares of the semiconductor company’s stock valued at $141,000 after acquiring an additional 1,700 shares during the period. Waverly Advisors LLC raised its stake in Himax Technologies by 11.5% during the 1st quarter. Waverly Advisors LLC now owns 18,065 shares of the semiconductor company’s stock worth $142,000 after acquiring an additional 1,862 shares during the period. Geode Capital Management LLC raised its stake in Himax Technologies by 2.2% during the 4th quarter. Geode Capital Management LLC now owns 102,534 shares of the semiconductor company’s stock worth $840,000 after acquiring an additional 2,183 shares during the period. Finally, Parallel Advisors LLC lifted its stake in shares of Himax Technologies by 22.1% during the 1st quarter. Parallel Advisors LLC now owns 13,725 shares of the semiconductor company’s stock valued at $108,000 after buying an additional 2,482 shares in the last quarter. 69.81% of the stock is owned by hedge funds and other institutional investors.

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.