HLIT

Harmonic Inc. [HLIT] Stock Forecast

Buy or Sell ? Support and Resistance

What is MACD and how to read it?

How RSI can help?
RSI : 000

HLIT Stock Summary

Top 10 Correlated ETFs

HLIT


Top 10 Correlated Stocks

HLIT


In the News

07:57 28 Mar 2024 HLIT

Harmonic Inc. (HLIT) Q4 2023 Earnings Call Transcript

Harmonic Inc. (HLIT) Q4 2023 Earnings Call Transcript

06:36 28 Mar 2024 HLIT

Harmonic (HLIT) Beats Q4 Earnings and Revenue Estimates

Harmonic (HLIT) came out with quarterly earnings of $0.13 per share, beating the Zacks Consensus Estimate of $0.10 per share. This compares to earnings of $0.17 per share a year ago.

01:16 28 Mar 2024 HLIT

Harmonic: Upcoming Report Worthwhile To Be Bullish On

Harmonic is down from its high of $18 per share but still has growth potential in its SaaS segment. HLIT operates in the SaaS market, which is expected to reach $408 billion by 2025, and HLIT has a target market of $1.3 billion. HLIT's Q4 revenues are expected to be $45-$55 million, and the company is aiming for revenues of $620 million for FY2024.

04:05 28 Mar 2024 HLIT

Harmonic Announces Reporting Date for Fourth Quarter and Full Year 2023 Results

SAN JOSE, Calif. , Jan. 16, 2024 /PRNewswire/ -- Harmonic (NASDAQ: HLIT) today announced it will release its fourth quarter and full year 2023 financial results after the market close on Monday, January 29, 2024.

09:46 28 Mar 2024 HLIT

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.

05:05 28 Mar 2024 HLIT

Harmonic to Participate in Upcoming December 2023 Investor Conferences

SAN JOSE, Calif. , Nov. 21, 2023 /PRNewswire/ --­ Harmonic (NASDAQ: HLIT) today announced that Walter Jankovic, CFO of Harmonic, will participate in a fireside chat at the Raymond James 2023 TMT and Consumer Conference in New York on December 4 at 11:15 a.m.

04:45 28 Mar 2024 HLIT

Harmonic Inc. (HLIT) Q3 2023 Earnings Call Transcript

Harmonic Inc. (NASDAQ:HLIT ) Q3 2023 Earnings Conference Call October 30, 2023 5:00 PM ET Company Participants David Hanover - IR Patrick Harshman - President and CEO Walter Jankovic - CFO Conference Call Participants Simon Leopold - Raymond James Ryan Koontz - Needham and Company Steven Frankel - Rosenblatt George Notter - Jefferies Tim Savageaux - Northland Capital Markets Operator Welcome to the Third Quarter 2023 Harmonic Earnings Conference Call. My name is Carmen and I'll be your operator for today's call.

01:03 28 Mar 2024 HLIT

Why Calix Stock Is Plummeting Today

The third-quarter numbers Calix reported after the bell Monday were generally quite good. The midpoint of its revenue guidance range for Q4 missed the analysts' consensus estimate.

04:05 28 Mar 2024 HLIT

Harmonic Announces Reporting Date for Third Quarter 2023 Results

SAN JOSE, Calif. , Oct. 16, 2023 /PRNewswire/ -- Harmonic (NASDAQ: HLIT) today announced it will release its third quarter 2023 financial results after the market close on Monday, October 30, 2023.

09:01 28 Mar 2024 HLIT

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.

HLIT Financial details

Company Rating
Buy
Market Cap
1.48B
Income
83.99M
Revenue
607.91M
Book val./share
3.89
Cash/share
0.75
Dividend
-
Dividend %
-
Employees
1.36K
Optionable
No
Shortable
Yes
Earnings
06 May 2024
P/E
227.48
Forward P/E
13.93
PEG
12.9
P/S
2.37
P/B
4.19
P/C
17.83
P/FCF
114.22
Quick Ratio
0.7
Current Ratio
1.2
Debt / Equity
0.31
LT Debt / Equity
0.02
-
-
EPS (TTM)
0.75
EPS next Y
0.96
EPS next Q
-0.01
EPS this Y
177.78%
EPS next Y
28.69%
EPS next 5Y
28.69%
EPS last 5Y
NAN%
Revenue last 5Y
8.58%
Revenue Q/Q
31.36%
EPS Q/Q
-1350%
-
-
-
-
SMA20
-
SMA50
8.33%
SMA100
30%
Inst Own
75.67%
Inst Trans
0.75%
ROA
1%
ROE
2%
ROC
0.07%
Gross Margin
52%
Oper. Margin
5%
Profit Margin
1%
Payout
44%
Shs Outstand
111.91M
Shs Float
108.9M
-
-
-
-
Target Price
16.67
52W Range
8.8-18.43
52W High
-25.69%
52W Low
+67.19%
RSI
58
Rel Volume
0.26
Avg Volume
1.92M
Volume
492K
Perf Week
3.44%
Perf Month
-2.16%
Perf Quarter
45.7%
Perf Half Y
39.18%
-
-
-
-
Beta
0.843
-
-
Volatility
0.2%, 0.29%
Prev Close
-1.07%
Price
13.375
Change
1.63%

HLIT Financial Performance

Yearly Fundamentals Overview

Last date of statement is 2023-12-31

Metric History 2019-12-312020-12-312021-12-312022-12-31 2023-12-31
2.02K2.02K2.02K2.02K2.02K
Revenue per share
4.53.9155.565.44
Net income per share
-0.07-0.30.130.250.75
Operating cash flow per share
0.350.40.40.050.06
Free cash flow per share
0.230.070.28-0.03-0.01
Cash per share
1.041.021.310.80.75
Book value per share
2.852.662.922.893.91
Tangible book value per share
0.120.150.560.771.77
Share holders equity per share
2.852.662.922.893.91
Interest debt per share
1.81.681.981.481.25
Market cap
698.69M716.62M1.19B1.47B1.46B
Enterprise value
754.86M769.33M1.25B1.54B1.53B
P/E ratio
-117.94-24.4890.0452.2417.33
Price to sales ratio
1.731.892.352.362.39
POCF ratio
22.3318.329.1268.84206.25
PFCF ratio
33.32102.9942.56-390.08-1.03K
P/B Ratio
2.742.774.024.543.33
PTB ratio
2.742.774.024.543.33
EV to sales
1.872.032.472.472.51
Enterprise value over EBITDA
22.54164.2838.2823.742.53
EV to operating cash flow
24.1219.6430.48281.84216.42
EV to free cash flow
36110.5744.58-408.94-1.08K
Earnings yield
-0.01-0.040.010.020.06
Free cash flow yield
0.030.010.0200
Debt to equity
0.590.590.640.50.31
Debt to assets
0.250.260.270.230.18
Net debt to EBITDA
1.6811.261.741.092
Current ratio
1.691.621.441.081.21
Interest coverage
1.12-0.961.779.038.78
Income quality
-5.28-1.343.090.190.08
Dividend Yield
00000
Payout ratio
-0.25-0.060.1600.05
Sales general and administrative to revenue
0.290.310.270.230
Research and developement to revenue
0.210.220.20.190.19
Intangibles to total assets
0.420.410.350.330.31
Capex to operating cash flow
-0.33-0.82-0.32-1.69-1.2
Capex to revenue
-0.03-0.09-0.03-0.01-0.01
Capex to depreciation
-0.53-2.05-0.99-0.75-0.69
Stock based compensation to revenue
0.030.050.050.040.04
Graham number
2.064.252.934.048.14
ROIC
0.03-0.030.050.060.18
Return on tangible assets
-0.02-0.080.030.060.16
Graham Net
-1.77-1.73-1.59-1.37-0.85
Working capital
102.84M90.74M98.67M25.62M56.46M
Tangible asset value
10.62M14.12M56.58M86.77M197.72M
Net current asset value
-81.11M-95.19M-73.76M-37.82M-2.48M
Invested capital
0.590.590.640.50.31
Average receivables
85.15M77.36M77.38M98.48M127.37M
Average payables
37.36M32.24M43.99M65.94M53.01M
Average inventory
27.34M32.04M53.11M96.07M102.47M
Days sales outstanding
80.1863.8163.7263.3387.84
Days payables outstanding
83.0746.7495.0579.6645.86
Days of inventory on hand
58.9469.55105.03142.8399.87
Receivables turnover
4.555.725.735.764.16
Payables turnover
4.397.813.844.587.96
Inventory turnover
6.195.253.482.563.65
ROE
-0.02-0.110.040.090.19
Capex per share
-0.12-0.33-0.13-0.08-0.08

Quarterly Fundamentals Overview

Last date of statement is 2023-12-31 for Q4

Metric History 2022-12-312023-03-312023-06-302023-09-29 2023-12-31
2.02K2.02K2.02K2.02K2.02K
Revenue per share
1.41.341.311.181.49
Net income per share
0.050.040.01-0.060.75
Operating cash flow per share
0.160.05-0.140.10.06
Free cash flow per share
0.150.03-0.150.080.03
Cash per share
0.760.770.60.760.75
Book value per share
2.772.852.873.153.89
Tangible book value per share
0.740.830.870.961.76
Share holders equity per share
2.772.852.873.153.89
Interest debt per share
1.381.361.331.451.23
Market cap
1.54B1.72B1.93B1.04B1.46B
Enterprise value
1.61B1.79B2.02B1.12B1.54B
P/E ratio
62.6684.34310.02-40.134.37
Price to sales ratio
9.3510.912.368.28.76
POCF ratio
79.41274.02-116.7194.39233.65
PFCF ratio
87.86436.17-106.99114.2413.53
P/B Ratio
4.745.125.633.063.35
PTB ratio
4.745.125.633.063.35
EV to sales
9.7811.3412.928.839.19
Enterprise value over EBITDA
78.41127.65156.41-252.6121.11
EV to operating cash flow
83.09285.02-121.98101.67245.11
EV to free cash flow
91.93453.68-111.81123.01433.8
Earnings yield
000-0.010.06
Free cash flow yield
0.010-0.010.010
Debt to equity
0.50.480.460.460.31
Debt to assets
0.230.230.230.230.18
Net debt to EBITDA
3.474.936.75-18.085.66
Current ratio
1.081.111.151.21.21
Interest coverage
17.7415.8412.45-13.916.82
Income quality
3.161.23-10.63-1.70.07
Dividend Yield
00000
Payout ratio
0.211.251.7800
Sales general and administrative to revenue
0.220000
Research and developement to revenue
0.190.210.210.240.16
Intangibles to total assets
0.330.340.350.350.31
Capex to operating cash flow
-0.1-0.370.09-0.17-0.43
Capex to revenue
-0.01-0.01-0.01-0.02-0.02
Capex to depreciation
-0.61-0.77-0.49-0.62-0.89
Stock based compensation to revenue
0.030.050.040.060.04
Graham number
1.81.670.922.068.08
ROIC
0.010.010-0.010.15
Return on tangible assets
0.010.010-0.010.16
Graham Net
-1.31-1.23-1.09-1.08-0.85
Working capital
25.62M32.21M43.83M53.92M56.46M
Tangible asset value
86.77M97.35M104.09M103.64M197.72M
Net current asset value
-37.82M-29.92M-16.04M-3.87M-2.48M
Invested capital
0.50.480.460.460.31
Average receivables
107M98.28M103.67M114.77M128.32M
Average payables
64.17M61.43M46.26M42.12M42.84M
Average inventory
109.99M126.3M122.61M108.67M93.87M
Days sales outstanding
59.3850.3268.7978.0778.8
Days payables outstanding
77.267.7547.0264.7339.29
Days of inventory on hand
138.43160.99143.94142.5185.57
Receivables turnover
1.521.791.311.151.14
Payables turnover
1.171.331.911.392.29
Inventory turnover
0.650.560.630.631.05
ROE
0.020.020-0.020.19
Capex per share
-0.02-0.02-0.01-0.02-0.02

HLIT Frequently Asked Questions

What is Harmonic Inc. stock symbol ?

Harmonic Inc. is a US stock , located in San jose of Ca and trading under the symbol HLIT

Is Harmonic Inc. buy or a sell ?

7 stock analysts have 7 predictions with a medium analyst target price of $16.86. The lowest prediction is $13 and the highest is $20

What is HLIT stock prediction ?

What is Harmonic Inc. stock quote today ?

Harmonic Inc. stock price is $13.375 today.

Is Harmonic Inc. stock public?

Yes, Harmonic Inc. is a publicly traded company.

Something similar

Top by Market Cap
Top Correlated ETFs
Top Correlated Stocks
Similar Market Cap