Financhill
Buy
54

HLIT Quote, Financials, Valuation and Earnings

Last price:
$13.23
Seasonality move :
9.6%
Day range:
$13.17 - $13.43
52-week range:
$9.10 - $15.46
Dividend yield:
0%
P/E ratio:
18.12x
P/S ratio:
2.44x
P/B ratio:
3.59x
Volume:
527K
Avg. volume:
982.8K
1-year change:
1.46%
Market cap:
$1.5B
Revenue:
$607.9M
EPS (TTM):
$0.73

Analysts' Opinion

  • Consensus Rating
    Harmonic has received a consensus rating of Buy. The company's average rating is a Buy based on 4 Buy ratings, 0 Hold ratings, and 0 Sell ratings.
  • Price Target Upside
    According to analysts' consensus price target of $16.00, Harmonic has an estimated upside of 12.84% from its current price of $13.23.
  • Price Target Downside
    According to analysts, the lowest downside price target is $14.00 representing 100% downside risk from its current price of $13.23.

Fair Value

  • According to the consensus of 4 analysts, Harmonic has 12.84% upside to fair value with a price target of $16.00 per share.

HLIT vs. S&P 500

  • Over the past 5 trading days, Harmonic has overperformed the S&P 500 by 1.73% suggesting its relative strength compared to the major market average is strong at this time.

Share Buyback

  • Harmonic does have a share repurchase program in place at this time. The scale of a buyback program can materially affect share price and usually results in a higher earnings per share, all else being equal, when the share count drops.

Revenue Growth

  • Harmonic has grown year-over-year revenues for 1 quarter straight. In the most recent quarter Harmonic reported revenues of $195.8M.

Earnings Growth

  • Harmonic has grown year-over-year earnings for 1 quarter straight. In the most recent quarter Harmonic reported earnings per share of $0.19.
Enterprise value:
1.6B
EV / Invested capital:
--
Price / LTM sales:
2.44x
EV / EBIT:
100.50x
EV / Revenue:
2.59x
PEG ratio (5yr expected):
0.01x
EV / Free cash flow:
159.91x
Price / Operating cash flow:
150.98x
Enterprise value / EBITDA:
57.00x
Gross Profit (TTM):
$323.1M
Return On Assets:
11.62%
Net Income Margin (TTM):
13.62%
Return On Equity:
21.14%
Return On Invested Capital:
15.99%
Operating Margin:
19.83%
Trailing 12 Months Fiscal Quarters
Period Ending 2022-09-30 2023-09-30 2024-09-30 2023-09-30 2024-09-30
Income Statement
Revenue $616.4M $605.1M $623.6M $127.2M $195.8M
Gross Profit $308.1M $316.4M $323.1M $61.7M $104.7M
Operating Income $46.4M $31M $46.8M -$7.9M $38.8M
EBITDA $60.8M $40.9M $28.3M -$5.2M $34.4M
Diluted EPS $0.39 $0.04 $0.73 -$0.06 $0.19
Period Ending 2020-09-30 2021-09-30 2022-09-30 2023-09-30 2024-09-30
Balance Sheet
Current Assets $214M $291.2M $336.7M $329.1M $336.4M
Total Assets $559.4M $643.9M $697.9M $673.8M $759.9M
Current Liabilities $145.8M $203.7M $221.9M $275.2M $161.7M
Total Liabilities $324.9M $369.1M $397.3M $333M $330.9M
Total Equity $234.5M $274.8M $300.6M $340.8M $428.9M
Total Debt $157.1M $152.7M $165.9M $129.5M $129.5M
Trailing 12 Months Fiscal Quarters
Period Ending 2022-09-30 2023-09-30 2024-09-30 2023-09-30 2024-09-30
Cash Flow Statement
Cash Flow Operations -$6.5M $20.1M $19.7M $11M $8.7M
Cash From Investing -$1.8M -$13.9M -$3.3M -$8.2M -$3M
Cash From Financing -$4.6M -$41.1M -$34M $2.5M $2.9M
Free Cash Flow -$16.3M $12.5M $10.1M $9.1M $5.7M
HLIT
Sector
Market Cap
$1.5B
$125.7M
Price % of 52-Week High
85.58%
68.28%
Dividend Yield
0%
0%
Shareholder Yield
1.38%
0.97%
1-Year Price Total Return
1.46%
-8.48%
Beta (5-Year)
0.914
0.922
Dividend yield:
0%
Annualized payout:
$0.00
Payout ratio:
--
Growth streak:
0 years

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Technicals

8-day SMA
Sell
Level $13.37
200-day SMA
Buy
Level $12.58
Bollinger Bands (100)
Sell
Level 12.45 - 14.27
Chaikin Money Flow
Sell
Level -58.9M
20-day SMA
Buy
Level $13.19
Relative Strength Index (RSI14)
Buy
Level 52.72
ADX Line
Buy
Level 25.47
Williams %R
Neutral
Level -49.5238
50-day SMA
Buy
Level $12.82
MACD (12, 26)
Buy
Level 0.17
25-day Aroon Oscillator
Buy
Level 80
On Balance Volume
Neutral
Level 27.5M

Financial Scores

Sell
Altman Z-Score (Annual)
Level (0.054)
Buy
CA Score (Annual)
Level (0.0601)
Sell
Beneish M-Score (Annual)
Level (-1.6261)
Buy
Momentum Score
Level (6)
Buy
Ohlson Score
Level (-0.469)
Buy
Piotroski F Score (Annual)
Level (7)
Buy
Quality Ratio Score
Level (6)
Buy
Fundamental Score
Level (6)

Revenue Forecast

Earnings per Share Forecast

Company Profile

Harmonic Inc designs and manufactures video infrastructure products and system solutions to deliver video and broadband services to consumer devices. The firm operates in two segments: Video, which sells video processing, production, and playout solutions to cable operators and satellite and telecommunications providers; and Broadband which sells broadband access solutions and related services. Majority of the revenue generated from the company is from United States.

Stock Forecast FAQ

In the current month, HLIT has received 4 Buy ratings 0 Hold ratings, and 0 Sell ratings. The HLIT average analyst price target in the past 3 months is $16.00.

  • Where Will Harmonic Stock Be In 1 Year?

    According to analysts, the consensus estimate is that Harmonic share price will rise to $16.00 per share over the next 12 months.

  • What Do Analysts Say About Harmonic?

    Analysts are divided on their view about Harmonic share price and where it will be in the next 12 months. The majority of analysts rate the stock a Buy. However, a smaller subset of analysts suggest that Harmonic is a Sell and believe this share price will drop from its current level to $14.00.

  • What Is Harmonic's Price Target?

    The price target for Harmonic over the next 1-year time period is forecast to be $16.00 according to 4 Wall Street analysts, 4 of them rate the stock a Buy, 0 rate the stock a Sell, and 0 analysts rate the stock a Hold.

  • Is HLIT A Buy, Sell Or Hold?

    According to Wall Street analysts, the consensus rating for Harmonic is a Buy. 4 of 4 analysts rate the stock a Buy at this time.

  • How Can I Buy Shares Of HLIT?

    You can purchase shares of Harmonic via an online brokerage firm such as TD Ameritrade.com, thinkorswim.com, e-trade.com, TastyTrade.com, or Schwab.com. Many other digital online brokerages exist such as RobinHood and Webull where you can purchase Harmonic shares.

  • What Is The Harmonic Share Price Today?

    Harmonic was last trading at $13.23 per share. This represents the most recent stock quote for Harmonic. Yesterday, Harmonic closed at $13.23 per share.

  • How To Buy Harmonic Stock Online?

    In order to purchase Harmonic stock online, open a brokerage account, deposit funds into the account, and select an order type to purchase shares whether it be market or limit.

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