Harmonic Inc. (HLIT): Price and Financial Metrics

Harmonic Inc. (HLIT): $13.26

0.17 (-1.27%)

POWR Rating

Component Grades

Momentum

D

Stability

D

Sentiment

Quality

C

HLIT Price/Volume Stats

Current price $13.26 52-week high $18.43
Prev. close $13.43 52-week low $8.80
Day low $13.16 Volume 882,600
Day high $13.45 Avg. volume 2,313,276
50-day MA $12.37 Dividend yield N/A
200-day MA $12.61 Market Cap 1.48B

HLIT Stock Price Chart Interactive Chart >

HLIT POWR Grades

  • Quality is the dimension where HLIT ranks best; there it ranks ahead of 71.28% of US stocks.
  • The strongest trend for HLIT is in Stability, which has been heading down over the past 26 weeks.
  • HLIT's current lowest rank is in the Sentiment metric (where it is better than 6.6% of US stocks).

HLIT Stock Summary

  • HLIT's current price/earnings ratio is 215.85, which is higher than 97.34% of US stocks with positive earnings.
  • The price/operating cash flow metric for HARMONIC INC is higher than 95.49% of stocks in our set with a positive cash flow.
  • With a year-over-year growth in debt of -20.67%, HARMONIC INC's debt growth rate surpasses merely 15.67% of about US stocks.
  • Stocks that are quantitatively similar to HLIT, based on their financial statements, market capitalization, and price volatility, are AGYS, HQY, PSTG, BMRN, and UPWK.
  • HLIT's SEC filings can be seen here. And to visit HARMONIC INC's official web site, go to www.harmonicinc.com.

HLIT Valuation Summary

  • In comparison to the median Technology stock, HLIT's EV/EBIT ratio is 107.08% higher, now standing at 43.9.
  • Over the past 243 months, HLIT's price/earnings ratio has gone up 198.3.

Below are key valuation metrics over time for HLIT.

Stock Date P/S P/B P/E EV/EBIT
HLIT 2023-12-08 1.9 3.5 187.6 43.9
HLIT 2023-12-07 1.9 3.4 184.4 43.2
HLIT 2023-12-06 1.9 3.3 180.9 42.4
HLIT 2023-12-05 1.9 3.4 183.2 42.9
HLIT 2023-12-04 2.0 3.6 192.6 45.0
HLIT 2023-12-01 2.1 3.7 199.6 46.5

HLIT Growth Metrics

    The 4 year price growth rate now stands at 11.88%.
  • Its 2 year revenue growth rate is now at 35.35%.
  • The 2 year net cashflow from operations growth rate now stands at -26.07%.
Over the past 33 months, HLIT's revenue has gone up $213,553,000.

The table below shows HLIT's growth in key financial areas (numbers in millions of US dollars).

Date Revenue Operating Cash Flow Net Income to Common Stock
2022-09-30 616.427 -6.514 41.908
2022-06-30 587.01 16.922 34.698
2022-03-31 543.012 11.857 17.849
2021-12-31 507.149 41.017 13.254
2021-09-30 482.873 75.238 6.862
2021-06-30 451.444 56.712 -0.049

HLIT's Quality Factors

The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.
  • HLIT has a Quality Grade of C, ranking ahead of 64.3% of graded US stocks.
  • HLIT's asset turnover comes in at 0.749 -- ranking 93rd of 208 Electronic Equipment stocks.
  • DIOD, FN, and INSG are the stocks whose asset turnover ratios are most correlated with HLIT.

The table below shows HLIT's key quality metrics over time.

Period Asset Turnover Gross Margin ROIC
2021-07-02 0.749 0.523 0.049
2021-04-02 0.711 0.518 0.003
2020-12-31 0.663 0.515 -0.058
2020-09-25 0.648 0.501 -0.104
2020-06-26 0.682 0.543 -0.031
2020-03-27 0.711 0.543 -0.020

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 $11.50 Average Broker Recommendation 1.58 (Moderate Buy)

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.


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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.

Here’s Why Harmonic (HLIT) Declined in Q3

Wasatch Global Investors, an investment management firm, released its “Wasatch Micro Cap Value Strategy” third quarter 2023 investor letter. A copy of the same can be downloaded here. The strategy outperformed its benchmark during the quarter. The quality-oriented positioning was the main reason for the strategy’s outperformance in the quarter. In addition, please check the fund’s […]

Yahoo | December 26, 2023

Harmonic (HLIT) Augments Liquidity With New Credit Facility

The new credit facility augments Harmonic's (HLIT) liquidity and enables it to better focus on its multi-year growth plan.

Yahoo | December 22, 2023

Harmonic Announces New $160 Million Credit Facility

Harmonic Inc. (NASDAQ: HLIT) today announced that it has entered into a new five-year, $160 million committed credit agreement (the "Credit Facility") with a lending syndicate led and arranged by Citibank, N.A., co-led by JPMorgan Chase Bank, N.A. and Wells Fargo Securities, LLC, and includes HSBC and MUFG as additional lenders. The Credit Facility replaces the Company's existing $25 million line of credit with JPMorgan Chase Bank, N.A.

Yahoo | December 21, 2023

Harmonic Inc.'s (NASDAQ:HLIT) Stock Is Going Strong: Have Financials A Role To Play?

Harmonic's (NASDAQ:HLIT) stock is up by a considerable 11% over the past three months. As most would know, fundamentals...

Yahoo | December 17, 2023

Implied Volatility Surging for Harmonic (HLIT) Stock Options

Investors need to pay close attention to Harmonic (HLIT) stock based on the movements in the options market lately.

Yahoo | November 22, 2023

Read More 'HLIT' Stories Here

HLIT Price Returns

1-mo 17.87%
3-mo 21.32%
6-mo 23.93%
1-year 0.61%
3-year 71.21%
5-year 139.78%
YTD 1.69%
2023 -0.46%
2022 11.39%
2021 59.13%
2020 -5.26%
2019 65.25%

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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