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How to buy Himax Technologies stock in Canada | $13.11

Own Himax Technologies shares in just a few minutes.

Himax Technologies, Inc
NASDAQ: HIMX - USD
SEMICONDUCTORS
$13.65
+$0.35 (+2.63%)
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Jing Jun Ma
Updated . What changed?
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Himax Technologies is a semiconductors business based in the US. Himax Technologies stocks (HIMX.US) are listed on the NASDAQ and all prices are listed in US Dollars. Its last market close was $14.27 – an increase of 18.54% over the previous week. Himax Technologies employs 2,000 staff and has a trailing 12-month revenue of around $1 billion.

How to buy Himax Technologies stock in Canada

  1. Choose a platform. If you're a beginner, our stock trading table below can help you choose.
  2. Open your account. You'll need your ID, bank details and national insurance number.
  3. Confirm your payment details. You'll need to fund your account with a bank transfer, debit card or credit card.
  4. Search the platform for stock code: HIMX in this case.
  5. Research Himax Technologies stocks. The platform should provide the latest information available.
  6. Buy your Himax Technologies stocks. It's that simple.

What's in this guide?

  1. Can I buy shares in Himax Technologies?
  2. Has coronavirus impacted Himax Technologies shares?
  3. Himax Technologies shares summary
  4. Compare share dealing platforms
  5. Is Himax Technologies stock a buy or sell?
  6. Himax Technologies performance over time
  7. Can I short Himax Technologies shares?
  8. Are Himax Technologies shares over-valued?
  9. Himax Technologies's financials
  10. How volatile are Himax Technologies shares?
  11. Does Himax Technologies pay a dividend?
  12. Other common questions

How has Coronavirus impacted Himax Technologies's stock price?

Since the stock market crash in March caused by coronavirus, Himax Technologies's stock price has had significant positive movement.

Its last market close was $13.11, which is 61.94% up on its pre-crash value of $4.99 and 657.80% up on the lowest point reached during the March crash when the stocks fell as low as $1.73.

If you had bought $1,000 worth of Himax Technologies stocks at the start of February 2020, those stocks would have been worth $563.24 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth $3,128.83.

Himax Technologies stock price

Use our graph to track the performance of HIMX stocks over time.

Himax Technologies stocks at a glance

Information last updated 2021-07-28.
Latest market close$13.11
52-week range$3.2209 - $17.3
50-day moving average $14.4129
200-day moving average $12.8921
Wall St. target price$15.86
PE ratio 20.8138
Dividend yield $0.27 (2.07%)
Earnings per share (TTM) $0.639

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Note: The dollar amounts in the table below are in Canadian dollars.

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Is it a good time to buy Himax Technologies stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Himax Technologies price performance over time

Historical closes compared with the last close of $13.11

1 month (2021-06-30) -21.31%
3 months (2021-04-30) -0.08%

Is Himax Technologies under- or over-valued?

Valuing Himax Technologies stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Himax Technologies's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Himax Technologies's P/E ratio

Himax Technologies's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 21x. In other words, Himax Technologies stocks trade at around 21x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the stocks or simply that they're under-valued.

Himax Technologies's PEG ratio

Himax Technologies's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 2.81. A low ratio can be interpreted as meaning the stocks offer better value, while a higher ratio can be interpreted as meaning the stocks offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Himax Technologies's future profitability. By accounting for growth, it could also help you if you're comparing the stock prices of multiple high-growth companies.

Himax Technologies's EBITDA

Himax Technologies's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$158.1 million.

The EBITDA is a measure of a Himax Technologies's overall financial performance and is widely used to measure a its profitability.

Himax Technologies financials

Revenue TTM USD$1 billion
Operating margin TTM 13.65%
Gross profit TTM USD$220.8 million
Return on assets TTM 9.18%
Return on equity TTM 22.03%
Profit margin 10.95%
Book value $3.14
Market capitalisation USD$2.3 billion

TTM: trailing 12 months

How to short and sell Himax Technologies stocks

  1. Create a CFD or spread betting account.
  2. Search for the stock code. E.g. "HIMX.US"
  3. Choose your position size.
  4. Select "sell" rather than "buy".
  5. Confirm your position and keep tabs on it. You may wish to set limits on your position.

There are currently 12.4 million Himax Technologies stocks held short by investors – that's known as Himax Technologies's "short interest". This figure is 2.8% down from 12.7 million last month.

There are a few different ways that this level of interest in shorting Himax Technologies stocks can be evaluated.

Himax Technologies's "short interest ratio" (SIR)

Himax Technologies's "short interest ratio" (SIR) is the quantity of Himax Technologies stocks currently shorted divided by the average quantity of Himax Technologies stocks traded daily (recently around 4.2 million). Himax Technologies's SIR currently stands at 2.94. In other words for every 100,000 Himax Technologies stocks traded daily on the market, roughly 2940 stocks are currently held short.

However Himax Technologies's short interest can also be evaluated against the total number of Himax Technologies stocks, or, against the total number of tradable Himax Technologies stocks (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Himax Technologies's short interest could be expressed as 0.07% of the outstanding stocks (for every 100,000 Himax Technologies stocks in existence, roughly 70 stocks are currently held short) or 0.0987% of the tradable stocks (for every 100,000 tradable Himax Technologies stocks, roughly 99 stocks are currently held short).

Such a low SIR usually points to an optimistic outlook for the stock price, with fewer people currently willing to bet against Himax Technologies.

Find out more about how you can short Himax Technologies stock.

Himax Technologies stock dividends

41%

Dividend payout ratio: 40.96% of net profits

Recently Himax Technologies has paid out, on average, around 40.96% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 2.07% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Himax Technologies shareholders could enjoy a 2.07% return on their shares, in the form of dividend payments. In Himax Technologies's case, that would currently equate to about $0.27 per share.

While Himax Technologies's payout ratio might seem fairly standard, it's worth remembering that Himax Technologies may be investing much of the rest of its net profits in future growth.

Himax Technologies's most recent dividend payout was on 12 July 2021. The latest dividend was paid out to all shareholders who bought their stocks by 29 June 2021 (the "ex-dividend date").

Himax Technologies stock price volatility

Over the last 12 months, Himax Technologies's stocks have ranged in value from as little as $3.2209 up to $17.3. A popular way to gauge a stock's volatility is its "beta".

HIMX.US volatility(beta: 1.89)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a stocks volatility in relation to the market. The market (NASDAQ average) beta is 1, while Himax Technologies's is 1.8896. This would suggest that Himax Technologies's stocks are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).

Himax Technologies overview

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 through two segments, Driver IC and Non-Driver Products. It offers display driver integrated circuits (ICs) and timing controllers that are used in televisions, laptops, monitors, mobile phones, tablets, automotive, digital cameras, car navigation, virtual reality devices, and other consumer electronic devices. The company also designs and provides controllers for touch sensor displays; in-cell touch and display driver integration single-chip solutions; light-emitting diode driver and power management ICs; and liquid crystal on silicon micro-displays for augmented reality (AR) devices and head-up displays for automotive industry. In addition, it offers complementary metal oxide semiconductor image sensors and wafer level optics for AR devices, 3D sensing, machine vision, and ultra-low power smart sensing, which are used in various applications, such as mobile phone, tablet, laptop, TV, PC camera, automobile, security, medical devices, home appliance, and Internet of Things. The company markets its display drivers and display-related products to panel manufacturers, agents or distributors, module manufacturers, and assembly houses; and non-driver products to camera module manufacturers, optical engine manufacturers, and television system manufacturers. Himax Technologies, Inc. was founded in 2001 and is headquartered in Tainan City, Taiwan.

Himax Technologies in the news

Frequently asked questions

Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, CFDs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading CFDs and forex on leverage comes with a higher risk of losing money rapidly. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

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