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Harmonic Inc. (HLIT)

9.58 -0.12 (-1.24%)
At close: April 23 at 4:00 PM EDT
9.96 +0.38 (+3.97%)
After hours: April 23 at 7:36 PM EDT
Loading Chart for HLIT
DELL
  • Previous Close 9.70
  • Open 9.64
  • Bid 9.53 x 500
  • Ask 9.61 x 400
  • Day's Range 9.53 - 9.83
  • 52 Week Range 8.80 - 18.43
  • Volume 1,571,292
  • Avg. Volume 1,951,211
  • Market Cap (intraday) 1.072B
  • Beta (5Y Monthly) 0.84
  • PE Ratio (TTM) 13.31
  • EPS (TTM) 0.72
  • Earnings Date Apr 29, 2024
  • Forward Dividend & Yield --
  • Ex-Dividend Date --
  • 1y Target Est 15.67

Harmonic Inc., together with its subsidiaries, provides broadband solutions worldwide. The company operates through Broadband and Video segments. The Broadband segment sells broadband access solutions and related services, including cOS software-based broadband access solutions to broadband operators; and cOS central cloud services, a subscription service for cOS customers. The Video segment sells video processing, production, and playout solutions and services to cable operators, and satellite and telco Pay-TV service providers, as well as to broadcast and media, including streaming media companies. Its video processing appliance solutions include network management and application software, and hardware products, such as encoders, video servers, high-density stream processing systems, and edge processors. This segment also provides VOS360 SaaS platform that provides both streaming and channel origination and distribution services; and software-as-a-service (SaaS) solutions, which enables the packaging and delivery of streaming services, including live streaming, VOD, catch-up TV, start-over TV, network-DVR and cloud-DVR services through HTTP streaming to various device along with dynamic and personal ad insertion. The company also provides technical support and professional services, such as maintenance and support, consulting, implementation, integration services, program management, technical design and planning, building and site preparation, integration and equipment installation, end-to-end system testing, and training, as well as SaaS-related support and deployment. It sells its products through its direct sales force, as well as through independent resellers and systems integrators. The company was incorporated in 1988 and is headquartered in San Jose, California.

www.harmonicinc.com

1,359

Full Time Employees

December 31

Fiscal Year Ends

Recent News: HLIT

Performance Overview: HLIT

Trailing total returns as of 4/23/2024, which may include dividends or other distributions. Benchmark is

.

YTD Return

HLIT
26.53%
S&P 500
6.30%

1-Year Return

HLIT
32.34%
S&P 500
22.67%

3-Year Return

HLIT
24.90%
S&P 500
22.63%

5-Year Return

HLIT
68.96%
S&P 500
74.37%

Compare To: HLIT

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Statistics: HLIT

Valuation Measures

Annual
As of 4/22/2024
  • Market Cap

    1.09B

  • Enterprise Value

    1.16B

  • Trailing P/E

    13.47

  • Forward P/E

    --

  • PEG Ratio (5yr expected)

    --

  • Price/Sales (ttm)

    1.87

  • Price/Book (mrq)

    2.48

  • Enterprise Value/Revenue

    1.90

  • Enterprise Value/EBITDA

    33.95

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    13.82%

  • Return on Assets (ttm)

    2.00%

  • Return on Equity (ttm)

    22.06%

  • Revenue (ttm)

    607.91M

  • Net Income Avi to Common (ttm)

    83.99M

  • Diluted EPS (ttm)

    0.72

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    84.27M

  • Total Debt/Equity (mrq)

    35.72%

  • Levered Free Cash Flow (ttm)

    3.61M

Research Analysis: HLIT

Analyst Price Targets

14.00
15.67 Average
9.58 Current
18.00 High
 

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell
 

Earnings

Consensus EPS
 

Company Insights: HLIT

Fair Value

9.58 Current
 

Dividend Score

0 Low
HLIT
Sector Avg.
100 High
 

Hiring Score

0 Low
HLIT
Sector Avg.
100 High
 

Insider Sentiment Score

0 Low
HLIT
Sector Avg.
100 High
 

Research Reports: HLIT

  • HLIT: Lowering target price to $11.00

    HARMONIC INC has an Investment Rating of HOLD; a target price of $11.000000; an Industry Subrating of High; a Management Subrating of Medium; a Safety Subrating of Medium; a Financial Strength Subrating of Medium; a Growth Subrating of Low; and a Value Subrating of High.

    Rating
    Price Target
     
  • HLIT: Lowering target price to $12.00

    HARMONIC INC has an Investment Rating of HOLD; a target price of $12.000000; an Industry Subrating of High; a Management Subrating of Medium; a Safety Subrating of Medium; a Financial Strength Subrating of Medium; a Growth Subrating of Low; and a Value Subrating of High.

    Rating
    Price Target
     
  • HLIT: What does Argus have to say about HLIT?

    HARMONIC INC has an Investment Rating of HOLD; a target price of $14.000000; an Industry Subrating of High; a Management Subrating of Medium; a Safety Subrating of Medium; a Financial Strength Subrating of Medium; a Growth Subrating of Low; and a Value Subrating of High.

    Rating
    Price Target
     
  • HLIT: Raising target price to $14.00

    HARMONIC INC has an Investment Rating of HOLD; a target price of $14.000000; an Industry Subrating of High; a Management Subrating of Medium; a Safety Subrating of Medium; a Financial Strength Subrating of Medium; a Growth Subrating of Low; and a Value Subrating of High.

    Rating
    Price Target
     

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