It's Showtime for Himax Technologies

Seth Jayson, The Motley Fool
Updated

Himax Technologies (NAS: 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.


Revenue details
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.

EPS details
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.

Recent performance
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.

Looking ahead
The full year's average estimate for revenue is $780.9 million. The average EPS estimate is $0.30.

Investor sentiment
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.

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The article It's Showtime for Himax Technologies originally appeared on Fool.com.

Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor ofMotley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. The Motley Fool has no positions in the stocks mentioned above. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

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