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Harmonic (HLIT)

(Real Time Quote from BATS)

$9.70 USD

9.70
878,824

-0.29 (-2.90%)

Updated Apr 19, 2024 02:32 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.15%
2Buy18.00%
3Hold9.44%
4Sell5.10%
5Strong Sell2.53%
S&P50011.08%

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4-Sell of 5       4  

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

Zacks Style Scores Education - Learn more about the Zacks Style Scores

D Value D Growth D Momentum F VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Top 26% (66 out of 250)

Industry: Communication - Components

Better trading starts here.

Zacks News

Harmonic (HLIT) Beats Q4 Earnings and Revenue Estimates

Harmonic (HLIT) delivered earnings and revenue surprises of 30% and 4.24%, respectively, for the quarter ended December 2023. Do the numbers hold clues to what lies ahead for the stock?

Harmonic (HLIT) Augments Liquidity With New Credit Facility

The new credit facility augments Harmonic's (HLIT) liquidity and enables it to better focus on its multi-year growth plan.

Implied Volatility Surging for Harmonic (HLIT) Stock Options

Investors need to pay close attention to Harmonic (HLIT) stock based on the movements in the options market lately.

Company News for Oct 31, 2023

Companies in The News Are: HLIT, JKS, RVTY, ON.

Harmonic (HLIT) Reports Break-Even Earnings for Q3

Harmonic (HLIT) delivered earnings and revenue surprises of -100% and 4.09%, respectively, for the quarter ended September 2023. Do the numbers hold clues to what lies ahead for the stock?

Altice USA, Inc. (ATUS) Expected to Beat Earnings Estimates: Can the Stock Move Higher?

Altice USA, Inc. (ATUS) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Corning (GLW) Lags Q3 Earnings and Revenue Estimates

Corning (GLW) delivered earnings and revenue surprises of -2.17% and 1.22%, respectively, for the quarter ended September 2023. Do the numbers hold clues to what lies ahead for the stock?

Harmonic (HLIT) Moves 7.9% Higher: Will This Strength Last?

Harmonic (HLIT) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.

Shaun Pruitt headshot

Time to Buy the Selloff in These Tech Stocks After Earnings?

Let's take a look at three tech stocks that could start presenting better buying opportunities after today's selloff following their quarterly reports.

Harmonic (HLIT) Q2 Earnings and Revenues Lag Estimates

Harmonic (HLIT) delivered earnings and revenue surprises of -7.69% and 6.76%, respectively, for the quarter ended June 2023. Do the numbers hold clues to what lies ahead for the stock?

Corning (GLW) Meets Q2 Earnings Estimates

Corning (GLW) delivered earnings and revenue surprises of 0% and 0.40%, respectively, for the quarter ended June 2023. Do the numbers hold clues to what lies ahead for the stock?

Corning (GLW) Surges 5.9%: Is This an Indication of Further Gains?

Corning (GLW) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.

Harmonic (HLIT) Tops Q1 Earnings Estimates

Harmonic (HLIT) delivered earnings and revenue surprises of 33.33% and 0.16%, respectively, for the quarter ended March 2023. Do the numbers hold clues to what lies ahead for the stock?

Monolithic Power (MPWR) Tops Q1 Earnings and Revenue Estimates

Monolithic (MPWR) delivered earnings and revenue surprises of 0.33% and 0.14%, respectively, for the quarter ended March 2023. Do the numbers hold clues to what lies ahead for the stock?

Harmonic (HLIT) Surges 6.1%: Is This an Indication of Further Gains?

Harmonic (HLIT) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.

Harmonic (HLIT) Soars 9.8%: Is Further Upside Left in the Stock?

Harmonic (HLIT) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.

Zacks Industry Outlook Highlights Arista Networks, Harmonic and TESSCO Technologies

Arista Networks, Harmonic and TESSCO Technologies have been highlighted in this Industry Outlook article.

Supriyo Bose headshot

3 Communication Stocks Likely to Ride on Fiber Densification

The accelerated pace of 5G deployment should help the Zacks Communication - Components industry thrive despite short-term headwinds. ANET, HLIT and TESS are well-positioned to make the most of the demand for seamless connectivity solutions.

Harmonic (HLIT) Q4 Earnings and Revenues Beat Estimates

Harmonic (HLIT) delivered earnings and revenue surprises of 13.33% and 2.75%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Viasat (VSAT) Secures 5-Year Deal for Improved Communication

The five-year contract reinforces Viasat's (VSAT) position as one of the leading suppliers of tactical communications solutions for defense personnel.

Here's Why IBM is a Smart Portfolio Pick in Volatile Market

With healthy fundamentals, better business mix and improving operating leverage, IBM appears to be a solid investment option at the moment.

Arista (ANET) Seems a Smart Investment Pick: Here's Why

With healthy fundamentals and a software-driven, data-centric approach, Arista (ANET) appears to be an enticing investment option for the volatile market.

Here's Why Splunk (SPLK) is an Enterprising Portfolio Pick

With healthy fundamentals and a flexible business model, Splunk (SPLK) appears to be a solid investment option at the moment.

Motorola (MSI) Wins Hytera Patent Breach Suit in Australia

The favorable decision underscores the strength of Motorola's (MSI) IP rights and its relentless pursuit to protect its patents from any infringements and copyright violations.