Harmonic Inc. (HLIT): Price and Financial Metrics


Harmonic Inc. (HLIT): $9.10

0.10 (+1.11%)

POWR Rating

Component Grades

Growth

S

Value

I

Momentum

G

Stability

N

Sentiment

U

Quality

P

HLIT POWR Grades


  • HLIT scores best on the Growth dimension, with a Growth rank ahead of 95.95% of US stocks.
  • HLIT's strongest trending metric is Momentum; it's been moving down over the last 48 weeks.
  • HLIT ranks lowest in Stability; there it ranks in the 38th percentile.

HLIT Stock Summary

  • With a one year PEG ratio of 6,471.35, Harmonic Inc is expected to have a higher PEG ratio (a measure of how expensive a stock is relative to its expected earnings growth) than 99.38% of US stocks.
  • With a year-over-year growth in debt of 21.55%, Harmonic Inc's debt growth rate surpasses 78.25% of about US stocks.
  • Over the past twelve months, HLIT has reported earnings growth of -290.24%, putting it ahead of merely 7.54% of US stocks in our set.
  • Stocks that are quantitatively similar to HLIT, based on their financial statements, market capitalization, and price volatility, are SITM, AMK, EVOP, VERU, and VRRM.
  • 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

  • HLIT's EV/EBIT ratio is 74.6; this is 131.32% higher than that of the median Technology stock.
  • HLIT's price/sales ratio has moved down 1 over the prior 243 months.
  • Over the past 243 months, HLIT's EV/EBIT ratio has gone up 75.

Below are key valuation metrics over time for HLIT.

Stock Date P/S P/B P/E EV/EBIT
HLIT 2021-09-01 2.1 3.5 -19114.3 74.6
HLIT 2021-08-31 2.1 3.5 -19198.0 74.9
HLIT 2021-08-30 2.1 3.5 -19010.2 74.2
HLIT 2021-08-27 2.1 3.6 -19510.2 76.0
HLIT 2021-08-26 2.1 3.6 -19510.2 76.0
HLIT 2021-08-25 2.1 3.6 -19695.9 76.7

HLIT Growth Metrics

  • Its 4 year net income to common stockholders growth rate is now at 56.6%.
  • Its 3 year price growth rate is now at 85.21%.
  • Its 2 year cash and equivalents growth rate is now at 37.79%.
HLIT's revenue has moved up $60,567,000 over the prior 33 months.

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
2021-06-30 451.444 56.712 -0.049
2021-03-31 411.99 51.882 -13.441
2020-12-31 378.831 39.163 -29.271
2020-09-30 369.481 27.735 -37.166
2020-06-30 390.314 36.831 -20.128
2020-03-31 401.185 16.038 -16.572

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 58.8% of graded US stocks.
  • HLIT's asset turnover comes in at 0.749 -- ranking 95th of 208 Electronic Equipment stocks.
  • CTS, DIOD, and APH 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)

HLIT Stock Price Chart Interactive Chart >

Price chart for HLIT

HLIT Price/Volume Stats

Current price $9.10 52-week high $10.75
Prev. close $9.00 52-week low $5.27
Day low $9.04 Volume 245,277
Day high $9.20 Avg. volume 705,480
50-day MA $9.14 Dividend yield N/A
200-day MA $8.09 Market Cap 926.43M

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.

ICCDS Gears Up for 10G with Converged FTTH and HFC Solution from Harmonic

Harmonic (NASDAQ: HLIT) today announced that Taiwan-based cable operator ICCDS is setting a pathway forward to 10G with Harmonic's market-leading CableOS® Cloud-Native Core Platform. Harmonic's CableOS Platform converges fiber-to-the-home (FTTH) PON and HFC DOCSIS 3.1 networks for operational efficiency while enabling blazing-fast broadband speeds as ICCDS addresses the growing demand for high-bandwidth applications such as VR and gaming.

Yahoo | September 8, 2021

Harmonic notches CableOS and DAA win with Parasat Cable TV - Light Reading

Harmonic notches CableOS and DAA win with Parasat Cable TV Light Reading

Light Reading India | September 3, 2021

Harmonic ACHIEVE 2021 Summit Spotlights Success in Video Streaming

Harmonic (NASDAQ: HLIT) today announced that it will host an online summit, ACHIEVE 2021, on Sept. 29-30, bringing together media companies and business leaders in the video industry. The event will share unique insights and first-hand experiences on innovative cloud streaming deployments, major evolutions in primary distribution and broadcast TV, and successful monetization and personalization approaches.

Yahoo | September 2, 2021

Harmonic (HLIT) Enhances Parasat Cable TV's Broadband Capacity

Harmonic (HLIT) partners Parasat Cable TV to expand the latter's broadband capacity on the back of CableOS Cloud-Native Core Platform.

Yahoo | September 1, 2021

Harmonic Inc (HLIT): Price Now Near $9.27; Daily Chart Shows An Uptrend on 50 Day Basis

If you''re a trend trader, consider that the strongest clear trend on the daily chart exists on the 50 day timeframe. The post Harmonic Inc (HLIT): Price Now Near $9.27; Daily Chart Shows An Uptrend on 50 Day Basis appeared first on ETF Daily News .

ETF Daily News | August 31, 2021

Read More 'HLIT' Stories Here

HLIT Price Returns

1-mo -3.09%
3-mo 6.81%
6-mo 16.07%
1-year 74.66%
3-year 65.45%
5-year 56.09%
YTD 23.14%
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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