Harmonic Inc. (HLIT): Price and Financial Metrics


Harmonic Inc. (HLIT): $14.79

1.03 (+7.49%)

POWR Rating

Component Grades

Growth

S

Value

I

Momentum

G

Stability

N

Sentiment

U

Quality

P

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.

Stock Date P/S P/B P/E EV/EBIT
HLIT 2023-01-27 2.5 5.2 37.1 34.0
HLIT 2023-01-26 2.5 5.2 37.3 34.1
HLIT 2023-01-25 2.5 5.0 36.1 33.1
HLIT 2023-01-24 2.5 5.0 36.1 33.1
HLIT 2023-01-23 2.5 5.1 36.5 33.4
HLIT 2023-01-20 2.5 5.1 36.6 33.6

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.

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 $14.79 52-week high $15.80
Prev. close $13.76 52-week low $8.25
Day low $13.50 Volume 2,324,466
Day high $14.81 Avg. volume 1,538,032
50-day MA $14.11 Dividend yield N/A
200-day MA $11.75 Market Cap 1.56B

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.

Harmonic Inc. (HLIT) Q4 2022 Earnings Call Transcript

Harmonic Inc. (HLIT)

Q4 2022 Earnings Conference Call

January 30, 2023 17:00 ET

Company Participants

David Hanover - Investor Relations

Patrick Harshman - President and Chief Executive Officer

Sanjay Kalra - Chief Financial Officer

Conference Call Participants

Simon Leopold - Raymond James

Steve Frankel - Rosenblatt

Tim Long - Barclays

Ryan Koontz - Needham & Company

Tim Savageaux - Northland

George Notter - Jefferies

Presentation

Operator

Welcome to the Q4 and Full Year 2022 Harmonic Earnings Conference Call. My name is Latif and I will be your operator for today’s call. [Operator Instructions] Please note that this c...

SA Transcripts on Seeking Alpha | January 31, 2023

Harmonic Inc. 2022 Q4 - Results - Earnings Call Presentation

The following slide deck was published by Harmonic Inc. in conjunction with their 2022 Q4 earnings call.

...

SA Transcripts on Seeking Alpha | January 31, 2023

Today’s Biggest Pre-Market Stock Movers: 10 Top Gainers and Losers on Tuesday

Investors can get ready for another busy day of trading with a breakdown of the biggest pre-market stock movers for Tuesday!

William White on InvestorPlace | January 31, 2023

Harmonic Announces Reporting Date for Fourth Quarter and Full Year 2022 Results

Harmonic Inc. (NASDAQ: HLIT) today announced that it will release its fourth quarter and full year 2022 financial results after the market close on Monday, January 30, 2023. Harmonic will host a live webcast to discuss the company's results at 2:00 p.m. PT on the same day.

Yahoo | January 17, 2023

Harmonic to Participate in the 25th Annual Needham Growth Conference

Harmonic (NASDAQ: HLIT) today announced that Patrick J. Harshman, President and CEO of Harmonic, will participate virtually in a fireside chat at the 25th Annual Needham Growth Conference on Thursday, January 12, 2023 at 8:45 a.m. PT / 11:45 a.m. ET.

Yahoo | January 4, 2023

Read More 'HLIT' Stories Here

HLIT Price Returns

1-mo 12.81%
3-mo 6.02%
6-mo 30.42%
1-year 63.43%
3-year 100.95%
5-year 328.70%
YTD 12.90%
2022 11.39%
2021 59.13%
2020 -5.26%
2019 65.25%
2018 12.38%

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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