Harmonic Inc. (HLIT): Price and Financial Metrics

HLIT POWR Grades

• Quality is the dimension where HLIT ranks best; there it ranks ahead of 70.93% of US stocks.
• HLIT's strongest trending metric is Growth; it's been moving down over the last 179 days.
• HLIT's current lowest rank is in the Stability metric (where it is better than 34.78% of US stocks).

HLIT Stock Summary

• HARMONIC INC's stock had its IPO on May 24, 1995, making it an older stock than 76.15% of US equities in our set.
• HLIT's current price/earnings ratio is 33.13, which is higher than 78.88% of US stocks with positive earnings.
• In terms of twelve month growth in earnings before interest and taxes, HARMONIC INC is reporting a growth rate of 136.44%; that's higher than 89.19% of US stocks.
• Stocks with similar financial metrics, market capitalization, and price volatility to HARMONIC INC are JNPR, UTHR, SCKT, ALRM, and BSY.
• Visit HLIT's SEC page to see the company's official filings. To visit the company's web site, go to www.harmonicinc.com.

HLIT Valuation Summary

• HLIT's price/sales ratio is 2.5; this is 7.41% lower than that of the median Technology stock.
• Over the past 243 months, HLIT's EV/EBIT ratio has gone up 36.8.

Below are key valuation metrics over time for HLIT.

HLIT Growth Metrics

Its 4 year revenue growth rate is now at -1.43%.
• Its 5 year cash and equivalents growth rate is now at 29.7%.
• Its 5 year net income to common stockholders growth rate is now at 76.71%.

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.