Himax Technologies (Nasdaq: HIMX ) is expected to report Q2 earnings around Aug. 9. Here's what Wall Street wants to see:
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Himax Technologies' revenue will grow 19.8% and EPS will increase 800.0%.
The average estimate for revenue is $192.4 million. On the bottom line, the average EPS estimate is $0.09.
Last quarter, Himax Technologies notched revenue of $166.7 million. GAAP reported sales were 18% higher than the prior-year quarter's $141.1 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, EPS came in at $0.07. GAAP EPS of $0.07 for Q1 were 250% higher than the prior-year quarter's $0.02 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 22.9%, 280 basis points better than the prior-year quarter. Operating margin was 9.0%, 680 basis points better than the prior-year quarter. Net margin was 6.8%, 490 basis points better than the prior-year quarter.
The full year's average estimate for revenue is $780.9 million. The average EPS estimate is $0.30.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 861 members out of 891 rating the stock outperform, and 30 members rating it underperform. Among 172 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 164 give Himax Technologies a green thumbs-up, and eight give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Himax Technologies is buy, with an average price target of $1.90.
Over the decades, small-cap stocks like Himax Technologies have provided market-beating returns, provided they're value-priced and have solid businesses. Read about a pair of companies with a lock on their markets in "Too Small to Fail: 2 Small Caps the Government Won't Let Go Broke." Click here for instant access to this free report.
- Add Himax Technologies to My Watchlist.