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Harmonic (HLIT)

(Delayed Data from NSDQ)

$9.20 USD

9.20
7,520,641

0.00 (0.00%)

Updated Apr 26, 2024 04:00 PM ET

After-Market: $9.20 0.00 (0.00%) 6:36 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 Buy24.20%
2Buy18.04%
3Hold9.52%
4Sell5.20%
5Strong Sell2.60%
S&P50011.13%

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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.

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D Value D Growth A Momentum D 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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Top 10% (26 out of 252)

Industry: Communication - Components

Better trading starts here.

Company Summary

Harmonic Inc. 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.

General Information

Harmonic Inc

2590 ORCHARD PARKWAY

SAN JOSE, CA 95131

Phone: 408-542-2500

Fax: 408-542-2511

Web: http://www.harmonicinc.com

Email: investor@harmonicinc.com

Industry Communication - Components
Sector Computer and Technology
Fiscal Year End December
Last Reported Quarter 3/31/2024
Earnings Date

This is a confirmed date of earnings release. Neither Zacks Investment Research, Inc. nor its Information Providers can guarantee the accuracy, completeness, timeliness, or correct sequencing of any of the Information on the Web site, including, but not limited to Information originated by Zacks Investment Research, Inc, licensed by Zacks Investment Research, Inc. from Information Providers, or gathered by Zacks Investment Research, Inc. from publicly available sources. There may be delays, omissions, or inaccuracies in the Information.

4/29/2024

EPS Information

Current Quarter EPS Consensus Estimate -0.01
Current Year EPS Consensus Estimate 0.53
Estimated Long-Term EPS Growth Rate NA
Earnings Date

This is a confirmed date of earnings release. Neither Zacks Investment Research, Inc. nor its Information Providers can guarantee the accuracy, completeness, timeliness, or correct sequencing of any of the Information on the Web site, including, but not limited to Information originated by Zacks Investment Research, Inc, licensed by Zacks Investment Research, Inc. from Information Providers, or gathered by Zacks Investment Research, Inc. from publicly available sources. There may be delays, omissions, or inaccuracies in the Information.

4/29/2024

Price and Volume Information

Zacks Rank Premium
Yesterday's Close 9.20
52 Week High 18.43
52 Week Low 8.80
Beta 0.84
20 Day Moving Average 2,108,406.25
Target Price Consensus 15.67

HLIT

% Price Change
4 Week -31.55
12 Week -26.93
YTD -29.45
% Price Change Relative to S&P 500
4 Week -28.76
12 Week -28.99
YTD -33.34
Share Information
Shares Outstanding (millions) 111.91
Market Capitalization (millions) 1,029.56
Short Ratio NA
Last Split Date 10/15/1999
Dividend Information
Dividend Yield 0.00%
Annual Dividend $0.00
Payout Ratio 0.00
Change in Payout Ratio 0.00
Last Dividend Payout / Amount NA / $0.00

Fundamental Ratios

P/E
P/E (F1) 17.47
Trailing 12 Months 24.86
PEG Ratio NA
EPS Growth
vs. Previous Year -41.67%
vs. Previous Quarter 240.00%
   
Sales Growth
vs. Previous Year 1.68%
vs. Previous Quarter 31.36%
   
Price Ratios
Price/Book 2.36
Price/Cash Flow 34.80
Price / Sales 1.69
ROE
3/31/24 NA
12/31/23 4.71
9/30/23 6.97
ROA
3/31/24 NA
12/31/23 2.42
9/30/23 3.37
Current Ratio
3/31/24 NA
12/31/23 1.21
9/30/23 1.20
Quick Ratio
3/31/24 NA
12/31/23 0.91
9/30/23 0.82
Operating Margin
3/31/24 NA
12/31/23 2.82
9/30/23 3.87
Net Margin
3/31/24 NA
12/31/23 13.82
9/30/23 1.04
Pre-Tax Margin
3/31/24 NA
12/31/23 3.15
9/30/23 4.24
Book Value
3/31/24 NA
12/31/23 3.89
9/30/23 3.04
Inventory Turnover
3/31/24 NA
12/31/23 2.73
9/30/23 2.46
Debt-to-Equity
3/31/24 NA
12/31/23 0.02
9/30/23 0.03
Debt to Capital
3/31/24 NA
12/31/23 2.35
9/30/23 2.85