Himax Technologies (NASDAQ:HIMX) Issues Quarterly Earnings Results

Himax Technologies (NASDAQ:HIMX) posted its quarterly earnings data on Thursday. The semiconductor company reported $0.14 earnings per share (EPS) for the quarter, Zacks reports. Himax Technologies had a net margin of 8.77% and a return on equity of 9.06%. Himax Technologies updated its Q1 2025 guidance to 0.090-0.110 EPS.

Himax Technologies Stock Performance

NASDAQ:HIMX opened at $10.88 on Friday. The company’s 50-day moving average price is $8.73 and its 200-day moving average price is $6.78. The company has a current ratio of 1.64, a quick ratio of 1.37 and a debt-to-equity ratio of 0.03. The company has a market cap of $1.90 billion, a P/E ratio of 24.73 and a beta of 2.00. Himax Technologies has a twelve month low of $4.80 and a twelve month high of $13.91.

Analysts Set New Price Targets

Separately, Robert W. Baird increased their price objective on shares of Himax Technologies from $7.00 to $15.00 and gave the company an “outperform” rating in a report on Friday, December 13th.

Himax Technologies declared that its board has authorized a stock buyback program on Wednesday, December 4th that allows the company to repurchase $20.00 million in outstanding shares. This repurchase authorization allows the semiconductor company to repurchase up to 1.9% of its shares through open market purchases. Shares repurchase programs are usually an indication that the company’s management believes its stock is undervalued.

Himax Technologies Company Profile

Himax Technologies, Inc, a fabless semiconductor company, provides display imaging processing technologies in China, Taiwan, the Philippines, Korea, Japan, Europe, and the United States. The company operates in two segments, Driver IC and Non-Driver Products. It offers display driver integrated circuits (ICs) and timing controllers that are used in televisions, PC monitors, laptops, mobile phones, tablets, automotive, ePaper devices, industrial displays, and other products.