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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 $5.70, up 9.2% from the previous day, and has decreased 16.18% in one year. It has underperformed other stocks in the Semiconductors industry by 0.62 percentage points. Himax Technologies stock is currently +18.75% from its 52-week low of $4.80, and -25.97% from its 52-week high of $7.70.

There are currently 349.45M HIMX shares outstanding. The market value of HIMX is $995.93M. In the past 24 hours, 1.77M HIMX shares were traded.

How to Buy Himax Technologies Stock

Wondering how to invest in Himax Technologies stock? Here's how.
  1. 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.
  2. Create a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
  3. Fund your investment account: Select your payment method and add your information.
  4. 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).
  5. 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.
  6. 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.

A brokerage account allows you to buy and sell a number of investments, including stocks, bonds, mutual funds, and ETFs.

Our preferred brokerage: eToro

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Step 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.

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  1. Click here to get started.
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  2. Enter your personal info to create a new trading account.
  1. Submit your details by pressing the "Create Account" button.
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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.

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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

HIMX Price
$5.70
1w %
12.87%
1y %
-16.18%
5y %
62.39%
P/E
N/A
P/B
1.15x
P/S
1.1x
PEG
N/A
Revenue
$908.77M
Earnings
$48.19M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$995.93M
Next Earnings
N/A
Next Dividend
Jul 12, 2024

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/B ratio of 1.15x, relative to Semiconductors industry P/B ratio of 8.02x

You can do more valuation analysis on HIMX's stock here.

HIMX Financial Health Overview

Passed Financial Due Diligence Checks:

  • HIMX earnings of $45.58M is not enough to cover its interest payments.
  • There are more short-term assets than short-term liabilities on the HIMX balance sheet.
  • Total HIMX debt is lower than 5 years ago, relative to shareholder equity.
  • HIMX's operating cash flow of $192.47M allows it to safely service it's debt of $492.00M.
  • There are more short-term assets than long-term liabilities on the HIMX balance sheet.

Failed Financial Due Diligence Checks:

  • HIMX profit margin has gone down from 13.2% to 5.3% in the past year.
  • HIMX has a relatively high debt to equity ratio of 0.88.

HIMX Momentum

SMA10
5.17
SMA20
5.08
SMA50
5.35
SMA100
5.6
SMA200
5.76
MACD
0
MACD Signal
-0.07
MACD Histogram
0.08
RSI
70.36
Stochastic %K
83.28
Stochastic %D
85.05
StochRSI %K
100
StochRSI %D
100

Is HIMX Growing Revenue?

Last year, HIMX revenue was $908.77M. Over the last five year, HIMX's revenue has gone up by 4.65% per year. This was slower than the Semiconductors industry average of 25.37%.

You can research HIMX's earnings and revenue performance here.

Are HIMX insiders buying or selling the stock?

In the past 12 months, executives and large shareholders at HIMX have not bought or sold any shares.

Get more info about who owns HIMX shares here.

Can I rely on HIMX as an income stream?

Himax Technologies pays a dividend of 8.42%, compared to the Semiconductors industry's average dividend yield of 9.12%. If you owned $1,000 worth of HIMX stock, you would have received $84.21 last year.

Himax Technologies dividend payments have consistently grown over the past decade but have not remained stable.

Find more analysis about Himax Technologies dividend yield and history here.

What others are saying about HIMX

One of the biggest reasons eToro is our favorite brokerage is because of its social trading community.

Click below to learn what other community members have to say.

Step 5: Make your HIMX purchase

There are two primary types of orders:

  • Market order: A market order is an order to buy or sell a stock at the best available price.
    Market orders are generally fine for most investors.
  • Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
    If you want to be sure you're buying or selling at a particular price, place a limit order.

Press the Open button and eToro will place your order.

If you need more help investing in stocks on eToro, watch the how to video below:

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Step 6: Get notifications regarding your investment in HIMX

Now that you own some HIMX shares, you'll want to stay up-to-date on your stock purchase.

Make a watchlist to monitor your HIMX stock.

HIMX Feed

How to Buy Stock in Himax Technologies

To summarize, here are the 6 steps for buying Himax Technologies stock:

  1. Choose where to buy Himax Technologies stock
  2. Create a brokerage account
  3. Fund your investment account
  4. Analyze Himax Technologies stock
  5. Make your HIMX purchase
  6. Get notifications regarding your investment in HIMX

If you are looking for a online brokerage, eToro is our recommended option.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you would like to get the latest news on your new investment in Himax Technologies, create a watchlist today.

NASDAQ: HIMX
$5.70+0.48 (+9.2%)
Updated May 9, 2024
Open eToro Account
NASDAQ: HIMX
$5.70+0.48 (+9.2%)
Updated May 9, 2024
Open eToro Account

FAQ

How much does it cost to buy one Himax Technologies share?

As of May 9, 2024, it costs $5.70 to buy one share of Himax Technologies stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $2, you can buy 0.351 shares of HIMX.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

What is the best way to buy Himax Technologies stock?

One way to place an order for Himax Technologies stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.