How to Buy Himax Technologies Stock
Himax Technologies Inc
Himax Technologies, Inc. , a fabless semiconductor company, provides display imaging processing technologies in China, Taiwan, the Philippines, Korea, Japan, Europe, and the United States.
Himax Technologies stock last closed at $7.08, up 1.07% from the previous day, and has increased 40.1% in one year. It has overperformed other stocks in the Semiconductors industry by 0.55 percentage points. Himax Technologies stock is currently +43.39% from its 52-week low of $4.93, and -49.14% from its 52-week high of $13.91.
There are currently 349.83M HIMX shares outstanding. The market value of HIMX is $1.24B. In the past 24 hours, 1.11M HIMX shares were traded.
How to Buy Himax Technologies Stock
Wondering how to invest in Himax Technologies stock? Here's how.
- Choose where to buy Himax Technologies stock: You need to choose a stock brokerage, but don't worry - we've tested dozens of stock brokerages and apps to help you figure out where to buy Himax Technologies stock.
- Create a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Fund your investment account: Select your payment method and add your information.
- Analyze Himax Technologies stock: The Himax Technologies ticker symbol is HIMX. Is Himax Technologies stock a good investment? Should you buy shares of HIMX? How do HIMX's underlying business fundamentals look? Do top analysts think Himax Technologies is a good buy? Why has HIMX's stock price moved recently? (Hint: Our stock market research website can help you evaluate if HIMX is a good stock to buy).
- Make your HIMX purchase: Decide if you will purchase HIMX shares at the current market price or use a limit order to purchase HIMX stock at a particular price.
- Get notifications regarding your investment in HIMX: Create a watchlist to watch your position in Himax Technologies stock.
Step 1: Choose where to buy Himax Technologies stock
You will need a brokerage account to access the NASDAQ market and buy HIMX shares.
Our preferred brokerage: eToro
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Get $10 towards your purchase of shares by creating an account with eToro now. This offer is only for US users.
Open eToro AccountStep 2: Create a brokerage account
Now that you've picked the best brokerage, you need to fill out some personal information so you can invest in HIMX stock today.
How to Open a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal info to create a new trading account.
- Submit your details by pressing the "Create Account" button. Get started with eToro today
Step 3: Fund your investment account
Now that you have finished signing up on the stocks app, you need to deposit funds:
Watch this video walkthrough to see the process of transferring money into your new investment account.
Step 4: Analyze Himax Technologies stock
After you have chosen the best place to buy Himax Technologies stock, it's absolutely critical to analyze their stock prior to buying, so you can wrap your head around the risk and opportunity.
Himax Technologies shares quick numbers
Himax Technologies Overview
WallStreetZen was created to help everyday investors perform more accurate fundamental analysis in less time.
You can see all of the due diligence checks on HIMX's stock page.
How is HIMX stock valued?
You can use a variety of different financial metrics, analyses, models, and charts to gauge HIMX's intrinsic value.
Using relative valuations methods:
- HIMX could be undervalued based on its P/E ratio of 15.38x, relative to Semiconductors industry P/E ratio of 44.06x
- HIMX may be undervalued based on its P/B ratio of 1.39x, relative to Semiconductors industry P/B ratio of 8.03x
- HIMX may be overvalued based on its PEG ratio of 1.6x
You can access more valuation analysis on HIMX's stock here.
A quick look at HIMX Financials
Passed Financial Due Diligence Checks:
- There are more short-term assets than short-term liabilities on the HIMX balance sheet.
- There are more short-term assets than long-term liabilities on the HIMX balance sheet.
- Total HIMX debt is lower than 5 years ago, relative to shareholder equity.
- HIMX earnings of $81.33M is not enough to cover its interest payments.
- HIMX's operating cash flow of $119.40M allows it to safely service it's debt of $538.20M.
- HIMX profit margin has gone up from 5.4% to 8.8% in the past year.
Failed Financial Due Diligence Checks:
- HIMX has a relatively high debt to equity ratio of 0.84.
Is HIMX stock a Buy, Hold, or Sell, according to analysts?
Out of 1 Wall Street analysts who monitor HIMX, the consensus analyst rating on HIMX is a Buy
Please keep in mind that analyst forecasts are not stock recommendations, nor are they investment advice.
You can dive deeper into what analysts are forecasting on the Himax Technologies stock forecast page.
HIMX Technical Indicators
HIMX Revenue
Last year, HIMX earnings were $79.76M. During the past 4 year, HIMX's earnings have grown by 13.21% per year. This was slower than the Semiconductors industry average of 75.92%.
Last year, HIMX revenue was $906.80M. In the past five year, HIMX's revenue has gone up by 6.18% per year. This was slower than the Semiconductors industry average of 39.44%.
You can research HIMX's earnings and revenue performance here.
Who is buying/selling HIMX?
In the past year, insiders at HIMX have not bought or sold any shares.
Research more about who owns HIMX shares here.
Does HIMX stock generate passive income?
Himax Technologies pays a dividend of 4.1%, compared to the Semiconductors industry's average dividend yield of 2.64%. If you owned $1,000 worth of HIMX stock, you would have received $40.99 in the past 12 months.
Himax Technologies dividend payments have not consistently grown over the past decade and have not remained stable.
Dig into more analysis about Himax Technologies dividend yield and history here.
What do other traders have to say about HIMX?
One of the reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to find out what other traders have to say.
Step 5: Make your HIMX purchase
You have two primary order types:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are usually fine. - Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
If you want to make sure you're buying or selling at a particular dollar amount limit, use a limit order.
Press the Open button and your broker will place your order.
If you need more info about buying stocks on eToro, watch the how to video below:
Step 6: Get notifications regarding your investment in HIMX
Now that you own some shares in HIMX, you'll want to keep up with your new investment.
Make a watchlist to monitor your HIMX stock.
HIMX Feed
How to Buy Stock in Himax Technologies
To reiterate, here are the 6 steps to buy stock in Himax Technologies:
- Choose where to buy Himax Technologies stock
- Create a brokerage account
- Fund your investment account
- Analyze Himax Technologies stock
- Make your HIMX purchase
- Get notifications regarding your investment in HIMX
If you are looking for a place to buy stocks, eToro is our favorite option.
Get Started with eToro TodayIf you want to get the latest scoop on your new investment in Himax Technologies, create a watchlist today.
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