Tesla Stock: The Bear Case
The recent stock market drop has been a punishing time…
Sell
35
HLIT Quote, Financials, Valuation and Earnings
Last price:
$10.27
Seasonality move
:
1.43%
Day range:
$10.13 - $10.50
52-week range:
$8.42 - $15.46
Dividend yield:
0%
P/E ratio:
30.73x
P/S ratio:
1.73x
P/B ratio:
2.55x
Volume:
892.3K
Avg. volume:
1.6M
1-year change:
-21.76%
Market cap:
$1.2B
Revenue:
$678.7M
EPS (TTM):
$0.33
Analysts' Opinion
-
Consensus RatingHarmonic has received a consensus rating of Leans Bullish. The company's average rating is a Leans Bullish based on 2 Buy ratings, 2 Hold ratings, and 0 Sell ratings.
-
Price Target UpsideAccording to analysts' consensus price target of $11.75, Harmonic has an estimated upside of 15.88% from its current price of $10.14.
-
Price Target DownsideAccording to analysts, the lowest downside price target is $10.00 representing 100% downside risk from its current price of $10.14.
Fair Value
-
According to the consensus of 4 analysts, Harmonic has 15.88% upside to fair value with a price target of $11.75 per share.
HLIT vs. S&P 500
-
Over the past 5 trading days, Harmonic has underperformed the S&P 500 by -2.34% suggesting its relative strength compared to the major market average is weak 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 2 quarters straight. In the most recent quarter Harmonic reported revenues of $222.2M.
Earnings Growth
-
Harmonic earnings have been falling on a year-over-year basis for 1 quarter in a row. In the most recent quarter Harmonic reported earnings per share of $0.32.
Enterprise value:
1.2B
EV / Invested capital:
2.05x
Price / LTM sales:
1.73x
EV / EBIT:
18.59x
EV / Revenue:
1.79x
PEG ratio (5yr expected):
0.01x
EV / Free cash flow:
23.01x
Price / Operating cash flow:
22.23x
Enterprise value / EBITDA:
15.68x
Gross Profit (TTM):
$365.9M
Return On Assets:
5.19%
Net Income Margin (TTM):
5.78%
Return On Equity:
9.19%
Return On Invested Capital:
7.06%
Operating Margin:
24.6%
| Trailing 12 Months | Fiscal Quarters | |||||
|---|---|---|---|---|---|---|
| Period Ending | 2022-12-31 | 2023-12-31 | 2024-12-31 | 2023-12-31 | 2024-12-31 | |
| Income Statement | ||||||
| Revenue | $625M | $607.9M | $678.7M | $167.1M | $222.2M | |
| Gross Profit | $315.9M | $312.5M | $365.9M | $81.9M | $124.7M | |
| Operating Income | $48.9M | $23M | $91.8M | $9.6M | $54.7M | |
| EBITDA | $61.8M | $34.1M | $77.4M | $12.5M | $61.6M | |
| Diluted EPS | $0.26 | $0.71 | $0.33 | $0.72 | $0.32 | |
| Period Ending | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | |
|---|---|---|---|---|---|---|
| Balance Sheet | ||||||
| Current Assets | $238M | $323.1M | $345.3M | $330.7M | $366.1M | |
| Total Assets | $591.5M | $693.7M | $710M | $768.2M | $796.5M | |
| Current Liabilities | $147.3M | $224.5M | $322.1M | $272.4M | $167.6M | |
| Total Liabilities | $333.2M | $396.9M | $385.5M | $331.3M | $331.2M | |
| Total Equity | $258.3M | $296.8M | $324.5M | $436.9M | $465.3M | |
| Total Debt | $151.4M | $153.7M | $129.9M | $130.3M | $127.9M | |
| Trailing 12 Months | Fiscal Quarters | |||||
|---|---|---|---|---|---|---|
| Period Ending | 2022-12-31 | 2023-12-31 | 2024-12-31 | 2023-12-31 | 2024-12-31 | |
| Cash Flow Statement | ||||||
| Cash Flow Operations | $5.5M | $7.1M | $61.9M | $6.3M | $48.5M | |
| Cash From Investing | -$1.3M | -$8.5M | -$9.2M | $3.6M | -$2.3M | |
| Cash From Financing | -$43.1M | -$5M | -$33.3M | -$2M | -$1.3M | |
| Free Cash Flow | -$3.8M | -$1.4M | $52.7M | $3.5M | $46.2M | |
HLIT
Sector
Market Cap
$1.2B
$90.6M
Price % of 52-Week High
65.59%
59.14%
Dividend Yield
0%
0%
Shareholder Yield
1.54%
0.85%
1-Year Price Total Return
-21.76%
-16.94%
Beta (5-Year)
0.868
0.911
Dividend yield:
0%
Annualized payout:
$0.00
Payout ratio:
--
Growth streak:
0 years
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Technicals
8-day SMA
Sell
Level
$10.40
200-day SMA
Sell
Level
$12.55
Bollinger Bands (100)
Sell
Level
10.89 - 13.51
Chaikin Money Flow
Sell
Level
-64.1M
20-day SMA
Sell
Level
$10.29
Relative Strength Index (RSI14)
Sell
Level
41.53
ADX Line
Sell
Level
33.14
Williams %R
Neutral
Level
-71.2042
50-day SMA
Sell
Level
$11.52
MACD (12, 26)
Sell
Level
-0.29
25-day Aroon Oscillator
Sell
Level
-12
On Balance Volume
Neutral
Level
25.1M
Financial Scores
Sell
Altman Z-Score
(Annual)
Level (0.7854)
Buy
CA Score
(Annual)
Level (0.603)
Buy
Beneish M-Score
(Annual)
Level (-2.4168)
Buy
Momentum Score
Level (5)
Buy
Ohlson Score
Level (0.0181)
Buy
Piotroski F Score
(Annual)
Level (8)
Buy
Quality Ratio Score
Level (5)
Buy
Fundamental Score
Level (8)
Revenue Forecast
Earnings per Share Forecast
Company Profile
Harmonic Inc engaged in broadband access solutions that enable broadband operators to more efficiently and effectively deploy high-speed internet for data, voice, and video services for their customers and versatile and high-performance video delivery software, products, system solutions and services that enable its customers to efficiently create, prepare, store, playout and deliver a full range of high-quality broadcast and streaming video services to consumer devices, including televisions, personal computers, laptops, tablets, and smartphones. It has two segments, Broadband which provides broadband access solutions and related services, and Others; and Video business provides video processing and production and playout solutions and services, and Others.
Stock Forecast FAQ
In the current month, HLIT has received 2 Buy ratings 2 Hold ratings, and 0 Sell ratings. The HLIT average analyst price target in the past 3 months is $11.75.
-
Where Will Harmonic Stock Be In 1 Year?
According to analysts, the consensus estimate is that Harmonic share price will rise to $11.75 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 $10.00.
-
What Is Harmonic's Price Target?
The price target for Harmonic over the next 1-year time period is forecast to be $11.75 according to 4 Wall Street analysts, 2 of them rate the stock a Buy, 0 rate the stock a Sell, and 2 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 Leans Bullish. 2 of 4 analysts rate the stock a Leans Bullish 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 $10.27 per share. This represents the most recent stock quote for Harmonic. Yesterday, Harmonic closed at $10.14 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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