Harmonic Inc. (HLIT): Price and Financial Metrics


Harmonic Inc. (HLIT): $7.89

-0.21 (-2.59%)

POWR Rating

Component Grades

Growth

S

Value

I

Momentum

G

Stability

N

Sentiment

U

Quality

P

HLIT POWR Grades


  • Growth is the dimension where HLIT ranks best; there it ranks ahead of 91.61% of US stocks.
  • HLIT's strongest trending metric is Growth; it's been moving up over the last 31 weeks.
  • HLIT ranks lowest in Sentiment; there it ranks in the 5th percentile.

HLIT Stock Summary

  • With a year-over-year growth in debt of 21.7%, Harmonic Inc's debt growth rate surpasses 77.04% of about US stocks.
  • In terms of twelve month growth in earnings before interest and taxes, Harmonic Inc is reporting a growth rate of -117.35%; that's higher than just 17.3% of US stocks.
  • The volatility of Harmonic Inc's share price is greater than that of 26.52% US stocks with at least 200 days of trading history.
  • Stocks that are quantitatively similar to HLIT, based on their financial statements, market capitalization, and price volatility, are FLNT, ICAD, SOI, ANIP, and IVAC.
  • HLIT's SEC filings can be seen here. And to visit Harmonic Inc's official web site, go to www.harmonicinc.com.

HLIT Price Target

For more insight on analysts targets of HLIT, see our HLIT price target page. And for a list of of all stocks sorted by upside potential based on analyst target price, see our Top Price Target page.

Average Price Target $9.14 Average Broker Recommendation 1.56 (Moderate Buy)

HLIT Stock Price Chart Interactive Chart >

Price chart for HLIT

HLIT Price/Volume Stats

Current price $7.89 52-week high $9.20
Prev. close $8.10 52-week low $4.49
Day low $7.85 Volume 1,074,000
Day high $8.10 Avg. volume 674,291
50-day MA $7.52 Dividend yield N/A
200-day MA $7.16 Market Cap 797.58M

Harmonic Inc. (HLIT) Company Bio


Harmonic Inc. designs, manufactures, and sells video infrastructure products and system solutions worldwide. Its products enable customers to create, prepare, and deliver a range of video and broadband services to consumer devices, including televisions, personal computers, laptops, tablets, and smart phones. The company was founded in 1988 and is based in San Jose, California.

HLIT Price Forecast Based on DCF Valuation

Current PriceDCF Fair Value Target: Forecasted Gain:
$7.89$1.44 -79%

The table below illustrates the output of a discounted cash flow forecast using a variety of scenarios for Harmonic Inc. To summarize, we found that Harmonic Inc ranked in the 20th percentile in terms of potential gain offered. We should note, though, that the most conservative analysis suggests this stock will yield negative results -- and thus may be a potential short opportunity. In terms of the factors that were most noteworthy in this DCF analysis for HLIT, they are:

  • The stock's equity weight, or the proportion of capital from equity relative to debt, is 79. Notably, its equity weight is greater than only 18.02% of US equities in the Technology sector yielding a positive free cash flow.
  • Harmonic Inc's interest coverage rate -- a measure of gross earnings relative to interest payments -- comes in at 0.07. This coverage rate is greater than that of only 23.4% of stocks we're observing for the purpose of forecasting via discounted cash flows.


Terminal Growth Rate in Free Cash FlowReturn Relative to Current Share Price
0%-79%
1%-79%
2%-79%
3%-79%
4%-79%
5%-78%

ASML, CYBR, INOV, TRT, and VRSN can be thought of as valuation peers to HLIT, in the sense that they are in the Technology sector and have a similar price forecast based on DCF valuation.


HLIT Latest News Stream


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Latest HLIT News From Around the Web

Below are the latest news stories about Harmonic Inc that investors may wish to consider to help them evaluate HLIT as an investment opportunity.

Dream Finders Homes, Harmonic, Clean Energy Fuels, BP and Chevron highlighted as Zacks Bull and Bear of the Day

Dream Finders Homes, Harmonic, Clean Energy Fuels, BP and Chevron highlighted as Zacks Bull and Bear of the Day

Yahoo | June 17, 2021

Bear Of The Day: Harmonic (HLIT)

Bear Of The Day: Harmonic (HLIT)

Yahoo | June 17, 2021

New Strong Sell Stocks for June 16th

KINS, HLIT, and WEICY have been added to the Zacks Rank #5 (Strong Sell) List on June 16, 2021

Yahoo | June 16, 2021

Harmonic to Share Insights on the Ultra-Connected Future of Broadband

Harmonic (NASDAQ: HLIT) today announced that company executives will bring their unique perspectives on the ultra-connected future of broadband at the upcoming ANGA COM online congress, SCTE Live Learning Webinar and Cable Next-Gen Europe Digital Symposium. Leveraging insights gained from cutting-edge R&D and work with several leading cable operators, Harmonic experts will share strategies on FTTH PON, 10G, virtualized cable access and multi-access edge compute technologies that power agile broa

Yahoo | June 4, 2021

Harmonic to Host Virtual Investor Events for Video and Cable Access Businesses

Harmonic (NASDAQ: HLIT) today announced it will host two Virtual Investor Events dedicated to its Video and Cable Access business segments. The events will feature presentations from members of Harmonic's executive team, including Shahar Bar, Senior Vice President, Video Products & Corporate Development, and Nimrod Ben-Natan, Senior Vice President & General Manager, Cable Access Business.

Yahoo | May 27, 2021

Read More 'HLIT' Stories Here

HLIT Price Returns

1-mo 14.35%
3-mo -3.31%
6-mo 16.54%
1-year 55.62%
3-year 81.38%
5-year 164.77%
YTD 6.77%
2020 -5.26%
2019 65.25%
2018 12.38%
2017 -16.00%
2016 22.85%

Continue Researching HLIT

Here are a few links from around the web to help you further your research on Harmonic Inc's stock as an investment opportunity:

Harmonic Inc (HLIT) Stock Price | Nasdaq
Harmonic Inc (HLIT) Stock Quote, History and News - Yahoo Finance
Harmonic Inc (HLIT) Stock Price and Basic Information | MarketWatch

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