Himax Technologies – Issues in-line guidance for Q4
Himax Technologies, Inc. (ADR) (NASDAQ:HIMX). Last Market Price: 1.1, Change: -0.01, % Change: (-0.90%). Shares trade in the range of 1.07 – 1.11 dollars. It has a market capitalization of 194.58M dollars, making it a Small Cap Stock and has 176.89M outstanding shares. The company has a beta of 1.13, indicating, the stock to be more volatile than the market. As per the most recent quarterly report, the net income per share (EPS) is 0.1; P/E of 10.6 indicating, that the stock price to be fair valued. It operates in Technology sector and belongs to Semiconductors industry. Percentage shares held by institutional investors is 21%. The company has a 52 week Price range (low – high) of $ 0.97 – 2.69. Average volumes of shares traded daily are 433,759. Volume traded in the last session was at 173,930, 0.40 times the average volume.
- Reports Q3 (Sep) Revenues rose 17.2% year on year to $162.1 million
- Company issues in-line guidance for Q4, sees EPS of $0.02-0.04
For Q2 (Jun ’11), It had a Net profit margin of 1.73%, an Operating margin of 2.12%. Other Key stats and ratios are : Return on average assets of 1.76%, Return on average equity of 3.63%. The organization has an employee strength of 1,341
Consensus Recommendation is a Hold.
Estimate for sales for the Year Ending Dec-11 show a mean of 622.92 million dollars, an estimate high of 631.04 million dollars and an estimate low of 614.80 million dollars. A year ago the figures stood at 699.19 million dollars.
Estimate for sales for the Year Ending Dec-12 show a mean of 695.56 million dollars, an estimate high of 716.22 million dollars and an estimate low of 674.90 million dollars. A year ago the figures stood at 777.45 million dollars.
Estimate for EPS for the Year Ending Dec-11 show a mean of 0.09 dollars, an estimate high of 0.10 dollars and an estimate low of 0.07 dollars. A year ago the figures stood at 0.20 dollars.
Estimate for EPS for the Year Ending Dec-12 show a mean of 0.15 dollars, an estimate high of 0.15 dollars and an estimate low of 0.15 dollars. A year ago the figures stood at 0.30 dollars.
Sales for Quarter Ending Jun-11 was estimated at 154.35 million dollars, however the actual sales figure stood at 160.58 million dollars, 6.22 million dollars more than estimates.
Sales for Quarter Ending Mar-11 was estimated at 146.16 million dollars, however the actual sales figure stood at 141.09 million dollars, 5.07 million dollars less than estimates.
Post Written By: Ed Liston
Ed Liston is a senior contributing editor at TheStockMarketWatch.com. An active market watcher and investor, Ed guides an independent team of experienced analysts and writes for multiple stock trader publications. He is widely quoted in various financial publications on the Internet. When Ed is not writing about stocks, investing in stocks, talking about stocks, or otherwise doing something stock related, he likes to go sailing and fishing in his yacht. |