Harmonic/HLIT

$9.68

-3.1%
-
1D1W1MYTD1YMAX

About Harmonic

Harmonic Inc. is a provider of virtualized broadband and video delivery solutions. The Company's solutions enables media companies and service providers to deliver video streaming and broadcast services to consumer devices, including televisions, personal computers, laptops, tablets and smartphones. The Company operates through two segments: Video and Broadband. Its Broadband segment provides broadband access solutions and related services, including its cOS software-based broadband access solution, to broadband operators globally. Its Video segment provides video processing and production and playout solutions and services worldwide to broadband operators and satellite and telco Pay-TV service providers, and to broadcast and media companies, including streaming media companies. Its Video business infrastructure solutions are delivered either through shipment of its products, software licenses or as software-as-a-service (SaaS) subscriptions.

Ticker

HLIT

Sector

Technology

Trading on

NASDAQ

Industry

Communications Equipment

CEO

Patrick Harshman

Employees

1,359

Headquarters

San jose, United States

Harmonic Metrics

BasicAdvanced
$1.12B
Market cap
13.87
P/E ratio
$0.72
EPS
0.92
Beta
-
Dividend rate
$1.12B
0.91739
$18.43
$8.80
1.95M
1.214
0.906
2.402
29.824
13.312
8.78%
11.36%
22.06%
19.01%
13.874
1.846
2.581
5.677
-2.73%
187.79%
17.07%

What the Analysts think about Harmonic

Analyst Ratings

Majority rating from 6 analysts.
Buy

Price Targets

Average projection from 6 analysts.
61.88% upside
High $18.00
Low $14.00
$9.68
Current price
$15.67
Average price target

Harmonic Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
50.17% profit margin
QuarterlyAnnual
Q4 23
QoQ growth
Revenue
$167M
31.29%
Net income
$83.8M
-1,409.38%
Profit margin
50.17%
-1,097.42%

Harmonic Earnings Performance

Earnings per share (EPS)

Company profitability
Beat by 27.45%
QuarterlyAnnual
Q1 23
Q2 23
Q3 23
Q4 23
Q1 24
Actual
$0.12
$0.12
-
$0.13
-
Expected
$0.08
$0.13
$0.01
$0.10
-$0.01
Surprise
42.86%
-10.45%
-
27.45%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

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FAQs

What’s the current market cap for Harmonic stock?

Harmonic (HLIT) has a market cap of $1.12B as of April 20, 2024.

What is the P/E ratio for Harmonic stock?

The price to earnings (P/E) ratio for Harmonic (HLIT) stock is 13.87 as of April 20, 2024.

Does Harmonic stock pay dividends?

No, Harmonic (HLIT) stock does not pay dividends to its shareholders as of April 20, 2024.

When is the next Harmonic dividend payment date?

Harmonic (HLIT) stock does not pay dividends to its shareholders.

What is the beta indicator for Harmonic?

Harmonic (HLIT) has a beta rating of 0.92. This means that it is less volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 0.5 would mean it moves half as much as the market.

What is the Harmonic stock price target?

The target price for Harmonic (HLIT) stock is $15.67, which is 61.88% above the current price of $9.68. This is an average based on projections from 6 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

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