Harmonic Inc. (HLIT): Price and Financial Metrics

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.

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.