Harmonic Inc (HLIT)

$9.43

-0.15

(-1.57%)

Market is closed - opens 7 PM, 25 Apr 2024

Insights on Harmonic Inc

  • Increasing Revenue

    Revenue is up for the last 2 quarters, 127.20M → 167.09M (in $), with an average increase of 23.9% per quarter

  • Increasing Net Profit

    Netprofit is up for the last 2 quarters, -6.49M → 83.84M (in $), with an average increase of 107.8% per quarter

  • Vs MSI

    In the last 1 year, Motorola Solutions, Inc. has given 19.4% return, outperforming this stock by 50.5%

  • Vs MSI

    In the last 3 years, Motorola Solutions, Inc. has given 81.9% return, outperforming this stock by 58.4%

Performance

  • $9.33
    $9.60
    $9.43
    downward going graph

    1.06%

    Downside

    Day's Volatility :2.76%

    Upside

    1.72%

    downward going graph
  • $8.80
    $18.43
    $9.43
    downward going graph

    6.68%

    Downside

    52 Weeks Volatility :52.25%

    Upside

    48.83%

    downward going graph

Returns

PeriodHarmonic IncSector (Technology)Index (Russel 2000)
3 Months
-14.31%
-3.4%
0.0%
6 Months
-6.99%
20.7%
0.0%
1 Year
-31.13%
36.9%
1.3%
3 Years
20.65%
38.1%
-22.1%

Highlights

Market Capitalization
1.1B
Book Value
$3.89
Earnings Per Share (EPS)
0.72
PE Ratio
13.47
PEG Ratio
-0.21
Wall Street Target Price
15.67
Profit Margin
13.82%
Operating Margin TTM
5.75%
Return On Assets TTM
2.0%
Return On Equity TTM
22.06%
Revenue TTM
607.9M
Revenue Per Share TTM
5.45
Quarterly Revenue Growth YOY
1.7000000000000002%
Gross Profit TTM
316.4M
EBITDA
35.9M
Diluted Eps TTM
0.72
Quarterly Earnings Growth YOY
13.47
EPS Estimate Current Year
0.56
EPS Estimate Next Year
0.97
EPS Estimate Current Quarter
0.1
EPS Estimate Next Quarter
0.11

Analyst Recommendation

Buy
    91%Buy
    8%Hold
    0
    0%Sell
Based on 12 Wall street analysts offering stock ratings for Harmonic Inc(by analysts ranked 0 to 5 stars)
Based on 12 analyst
  • Current
  • 1M Ago
  • 3M Ago
Buy
11
11
11
Hold
1
1
1
Sell
00
00
00

Analyst Forecast

What analysts predicted

Upside of 66.17%

Current $9.43
Target $15.67

Company Financials

FY18Y/Y Change
Revenue
403.6M
↑ 12.65%
Net Income
-21.0M
↓ 74.64%
Net Profit Margin
-5.21%
↑ 17.95%
FY19Y/Y Change
Revenue
402.9M
↓ 0.17%
Net Income
-5.9M
↓ 71.84%
Net Profit Margin
-1.47%
↑ 3.74%
FY20Y/Y Change
Revenue
378.8M
↓ 5.97%
Net Income
-29.3M
↑ 394.11%
Net Profit Margin
-7.73%
↓ 6.26%
FY21Y/Y Change
Revenue
507.1M
↑ 33.87%
Net Income
13.3M
↓ 145.28%
Net Profit Margin
2.61%
↑ 10.34%
FY22Y/Y Change
Revenue
625.0M
↑ 23.23%
Net Income
28.2M
↑ 112.63%
Net Profit Margin
4.51%
↑ 1.9%
FY23Y/Y Change
Revenue
607.9M
↓ 2.73%
Net Income
84.0M
↑ 198.04%
Net Profit Margin
13.82%
↑ 9.31%
Q3 FY22Q/Q Change
Revenue
155.7M
↓ 1.08%
Net Income
8.7M
↓ 41.11%
Net Profit Margin
5.61%
↓ 3.82%
Q4 FY22Q/Q Change
Revenue
164.3M
↑ 5.52%
Net Income
6.1M
↓ 29.85%
Net Profit Margin
3.73%
↓ 1.88%
Q1 FY23Q/Q Change
Revenue
157.6M
↓ 4.07%
Net Income
5.1M
↓ 16.93%
Net Profit Margin
3.23%
↓ 0.5%
Q2 FY23Q/Q Change
Revenue
156.0M
↓ 1.07%
Net Income
1.6M
↓ 69.47%
Net Profit Margin
1.0%
↓ 2.23%
Q3 FY23Q/Q Change
Revenue
127.2M
↓ 18.44%
Net Income
-6.5M
↓ 517.68%
Net Profit Margin
-5.11%
↓ 6.11%
Q4 FY23Q/Q Change
Revenue
167.1M
↑ 31.36%
Net Income
83.8M
↓ 1390.85%
Net Profit Margin
50.18%
↑ 55.29%
FY18Y/Y Change
Total Assets
510.8M
↑ 0.55%
Total Liabilities
282.6M
↓ 2.46%
FY19Y/Y Change
Total Assets
587.3M
↑ 14.97%
Total Liabilities
332.5M
↑ 17.65%
FY20Y/Y Change
Total Assets
591.5M
↑ 0.71%
Total Liabilities
333.2M
↑ 0.23%
FY21Y/Y Change
Total Assets
693.7M
↑ 17.27%
Total Liabilities
396.9M
↑ 19.11%
FY22Y/Y Change
Total Assets
710.0M
↑ 2.35%
Total Liabilities
385.5M
↓ 2.87%
FY23Y/Y Change
Total Assets
768.2M
↑ 8.2%
Total Liabilities
331.3M
↓ 14.05%
Q3 FY22Q/Q Change
Total Assets
697.9M
↓ 0.08%
Total Liabilities
397.3M
↓ 1.09%
Q4 FY22Q/Q Change
Total Assets
710.0M
↑ 1.74%
Total Liabilities
385.5M
↓ 2.95%
Q1 FY23Q/Q Change
Total Assets
703.8M
↓ 0.87%
Total Liabilities
368.0M
↓ 4.54%
Q2 FY23Q/Q Change
Total Assets
690.4M
↓ 1.91%
Total Liabilities
347.6M
↓ 5.56%
Q3 FY23Q/Q Change
Total Assets
673.8M
↓ 2.4%
Total Liabilities
333.0M
↓ 4.18%
Q4 FY23Q/Q Change
Total Assets
768.2M
↑ 14.01%
Total Liabilities
331.3M
↓ 0.5%
FY18Y/Y Change
Operating Cash Flow
12.3M
↑ 300.91%
Investing Cash Flow
-6.9M
↑ 64.73%
Financing Cash Flow
2.7M
↑ 196.2%
FY19Y/Y Change
Operating Cash Flow
31.3M
↑ 154.76%
Investing Cash Flow
-10.3M
↑ 48.82%
Financing Cash Flow
6.3M
↑ 137.83%
FY20Y/Y Change
Operating Cash Flow
39.2M
↑ 25.14%
Investing Cash Flow
-32.2M
↑ 211.82%
Financing Cash Flow
-2.1M
↓ 133.45%
FY21Y/Y Change
Operating Cash Flow
41.0M
↑ 4.73%
Investing Cash Flow
-13.0M
↓ 59.71%
Financing Cash Flow
7.9M
↓ 476.43%
FY22Y/Y Change
Operating Cash Flow
5.5M
↓ 86.65%
Investing Cash Flow
-1.3M
↓ 90.07%
Financing Cash Flow
-43.1M
↓ 643.31%
Q3 FY22Q/Q Change
Operating Cash Flow
-8.2M
↓ 137.66%
Investing Cash Flow
-1.9M
↓ 138.5%
Financing Cash Flow
-2.1M
↑ 139.53%
Q4 FY22Q/Q Change
Operating Cash Flow
19.4M
↓ 335.44%
Investing Cash Flow
-1.9M
↓ 1.27%
Financing Cash Flow
-38.1M
↑ 1682.8%
Q1 FY23Q/Q Change
Operating Cash Flow
6.3M
↓ 67.6%
Investing Cash Flow
-2.3M
↑ 25.26%
Financing Cash Flow
-3.4M
↓ 91.03%
Q2 FY23Q/Q Change
Operating Cash Flow
-16.5M
↓ 363.51%
Investing Cash Flow
-1.5M
↓ 35.56%
Financing Cash Flow
-2.0M
↓ 40.61%
Q3 FY23Q/Q Change
Operating Cash Flow
11.0M
↓ 166.84%
Investing Cash Flow
-8.2M
↑ 447.34%
Financing Cash Flow
2.5M
↓ 221.52%

Technicals Summary

Sell

Neutral

Buy

Harmonic Inc is currently not in a favorable trading position ( SELL ) according to technical analysis indicators.

Peers

Company Name1 Month6 Month1 Year3 Years5 Years
Harmonic Inc
Harmonic Inc
-26.02%
-6.99%
-31.13%
20.65%
69.86%
Zebra Technologies Corp.
Zebra Technologies Corp.
-7.18%
39.04%
-2.65%
-45.01%
-45.01%
Cisco Systems, Inc.
Cisco Systems, Inc.
-2.74%
-7.79%
2.61%
-6.43%
-14.22%
Motorola Solutions, Inc.
Motorola Solutions, Inc.
-0.68%
23.19%
19.44%
81.68%
137.43%
Juniper Networks, Inc.
Juniper Networks, Inc.
-3.21%
42.49%
14.82%
40.38%
24.93%
Hewlett Packard Enterprise Co.
Hewlett Packard Enterprise Co.
-3.39%
11.16%
19.02%
3.7%
5.12%
Company NameP/E RatioP/B RatioPEG RatioEPSROEROADiv YieldBVPS
Harmonic Inc
Harmonic Inc
13.47
13.47
-0.21
0.56
0.22
0.02
NA
3.89
Zebra Technologies Corp.
Zebra Technologies Corp.
47.4
47.4
0.89
11.12
0.1
0.05
NA
59.09
Cisco Systems, Inc.
Cisco Systems, Inc.
14.63
14.63
3.43
3.68
0.31
0.1
0.03
11.42
Motorola Solutions, Inc.
Motorola Solutions, Inc.
34.73
34.73
2.39
12.74
0.39
0.12
0.01
4.36
Juniper Networks, Inc.
Juniper Networks, Inc.
38.01
38.01
1.19
2.22
0.07
0.04
0.02
14.03
Hewlett Packard Enterprise Co.
Hewlett Packard Enterprise Co.
11.61
11.61
2.08
1.88
0.09
0.03
0.03
16.48
Company NameAnalyst ViewMarket Cap5 Years Return %PE RatioProfit Margin
Harmonic Inc
Harmonic Inc
Buy
$1.1B
69.86%
13.47
13.82%
Zebra Technologies Corp.
Zebra Technologies Corp.
Buy
$14.0B
-45.01%
47.4
6.46%
Cisco Systems, Inc.
Cisco Systems, Inc.
Hold
$194.9B
-14.22%
14.63
23.49%
Motorola Solutions, Inc.
Motorola Solutions, Inc.
Buy
$57.5B
137.43%
34.73
17.13%
Juniper Networks, Inc.
Juniper Networks, Inc.
Buy
$11.7B
24.93%
38.01
5.57%
Hewlett Packard Enterprise Co.
Hewlett Packard Enterprise Co.
Hold
$21.9B
5.12%
11.61
6.81%

Institutional Holdings

  • BlackRock Inc

    15.74%
  • Vanguard Group Inc

    8.66%
  • Wellington Management Company LLP

    7.86%
  • Trigran Investments Inc

    7.65%
  • Scopia Management Inc

    4.69%
  • State Street Corporation

    3.84%

Company Information

harmonic (nasdaq: hlit), the worldwide leader in video delivery technology and services, enables media companies and service providers to deliver ultra-high-quality broadcast and ott video services to consumers globally. the company has also revolutionized cable access networking via the industry’s first virtualized ccap solution, enabling cable operators to more flexibly deploy gigabit internet service to consumers’ homes and mobile devices. whether simplifying ott video delivery via innovative cloud and software-as-a-service (saas) technologies or powering the delivery of gigabit internet cable services, harmonic is changing the way media companies and service providers monetize live and vod content on every screen. more information is available at www.harmonicinc.com.

Organization
Harmonic Inc
Employees
1359
CEO
Dr. Patrick J. Harshman
Industry
Telecommunications Equipment

FAQs