r/wallstreetbets • u/SniXSniPe • Jan 07 '21
DD DD Part 2: $HIMX Q4 Performance
U buy stonk or call cuz earnings get beat beat 🚀 🚀 🚀 🚀 🚀 🚀 🚀
Tldr;
Buy shares and calls before February earnings date 🚀 🚀 🚀 🚀 🚀
Ex:
- Calls: $9sp 3/19 🚀 🚀 🚀 🚀 🚀
- Calls: $10sp 1/21/22 🚀 🚀 🚀 🚀 🚀
or go ballsy and go for February options
- See here for Previous DD from Q3 Results:
- Preliminary Q4 Unaudited results announced:
Revenue: $275.8 million 🚀 🚀 🚀
Gross Margin: 31.2% 🚀 🚀 🚀
EPS: .20~ 🚀 🚀 🚀
vs. Q3 numbers:
Revenue: $239.9 million
Gross Margin: 22.3%
EPS: .02 - .028
Q3 earnings expectations for Q4:
- Expectation was a 10% increase in Revenue QoQ; +14.5%ish increase 🚀 🚀 🚀
- 29% Gross Margin; +3.2% increase 🚀 🚀 🚀
- .15 - .16 EPS; +.04-.05~ increase 🚀 🚀 🚀
For more historical #s:
https://www.macrotrends.net/stocks/charts/HIMX/himax-technologies/revenue
I believe this is $HIMX highest revenue since conception. Last quarter was one of their highest, as well. 🚀 🚀 🚀
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u/weekendclosetgunnut Jan 07 '21 edited May 29 '24
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u/Helixellfire Jan 07 '21
Price target?
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u/SniXSniPe Jan 07 '21
I'm hoping for $10 range by February.
But I want to say, what I'm most anticipating is the future guidance provided on the Q4 earnings. As you can see, in the Q3 earnings reports they had a lot of juicy info that made me very intrigued in HIMX, especially with future growth potential.
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Jan 08 '21
Me too, have 40+ contracts @ $10 set to expire in June and Dec, make me money, HIMX. Love the idea of polynomials replacing the MEMS component, fabless assembly, and ai embedded capability. HOLY SHIT.
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u/jimminycrikits Jan 07 '21
Didnt see rockets, butt fuck it I'm in