Himax Technologies (NASDAQ:HIMX – Get Free Report) issued an update on its first quarter 2025 earnings guidance on Thursday morning. The company provided earnings per share guidance of 0.090-0.110 for the period, compared to the consensus earnings per share estimate of 0.080. The company issued revenue guidance of $207.6 million-$217.1 million, compared to the consensus revenue estimate of $200.7 million.
Analysts Set New Price Targets
Separately, Robert W. Baird boosted their target price on shares of Himax Technologies from $7.00 to $15.00 and gave the company an “outperform” rating in a research note on Friday, December 13th.
Get Our Latest Research Report on Himax Technologies
Himax Technologies Stock Performance
Himax Technologies (NASDAQ:HIMX – Get Free Report) last released its earnings results on Thursday, February 13th. The semiconductor company reported $0.14 earnings per share for the quarter. Himax Technologies had a net margin of 8.77% and a return on equity of 9.06%.
Himax Technologies declared that its board has approved a stock buyback plan on Wednesday, December 4th that allows the company to buyback $20.00 million in outstanding shares. This buyback authorization allows the semiconductor company to reacquire up to 1.9% of its shares through open market purchases. Shares buyback plans are often an indication that the company’s board believes its shares are undervalued.
About Himax Technologies
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.
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