HLIT RSI Chart
Last 7 days
2.1%
Last 30 days
16.0%
Last 90 days
-14.9%
Trailing 12 Months
-30.9%
Historical Charts for Stock Metrics
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
2024 | 572.3M | 0 | 0 | 0 |
2023 | 635.2M | 633.7M | 605.1M | 607.9M |
2022 | 543.0M | 587.0M | 616.4M | 625.0M |
2021 | 412.0M | 451.4M | 482.9M | 507.1M |
2020 | 401.2M | 390.3M | 369.5M | 378.8M |
2019 | 393.5M | 379.2M | 394.4M | 402.9M |
2018 | 365.4M | 382.3M | 390.9M | 403.6M |
2017 | 407.0M | 379.8M | 370.4M | 358.2M |
2016 | 354.8M | 361.3M | 379.4M | 405.9M |
2015 | 429.5M | 423.1M | 398.3M | 377.0M |
2014 | 468.3M | 460.8M | 445.9M | 433.6M |
2013 | 462.1M | 457.2M | 459.7M | 461.9M |
2012 | 474.5M | 462.5M | 444.1M | 476.9M |
2011 | 369.7M | 408.1M | 442.2M | 490.9M |
2010 | 336.6M | 350.9M | 371.8M | 321.6M |
2009 | 0 | 349.8M | 334.7M | 319.6M |
2008 | 0 | 0 | 0 | 365.0M |
Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index
Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>
Returns of $10,000 invested in:
Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224
Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
May 02, 2024 | graham ian | sold | -577,430 | 10.9507 | -52,730 | svp, global sales & video svcs |
Feb 16, 2024 | haltmayer neven | sold | -201,676 | 13.6757 | -14,747 | svp, video r&d |
Feb 15, 2024 | ben-natan nimrod | acquired | - | - | 39,058 | svp & gm, broadband business |
Feb 15, 2024 | haltmayer neven | sold (taxes) | -258,541 | 13.67 | -18,913 | svp, video r&d |
Feb 15, 2024 | krall david | acquired | - | - | 10,446 | - |
Feb 15, 2024 | swenson susan | acquired | - | - | 10,446 | - |
Feb 15, 2024 | kim sophia | acquired | - | - | 10,446 | - |
Feb 15, 2024 | harshman patrick | sold (taxes) | -2,760,740 | 13.67 | -201,956 | president and ceo |
Feb 15, 2024 | graham ian | acquired | - | - | 27,204 | svp, global sales & video svcs |
Feb 15, 2024 | harshman patrick | acquired | - | - | 378,136 | president and ceo |
Which funds bought or sold HLIT recently?
View All DetailsDatesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
May 16, 2024 | Ancora Advisors LLC | reduced | -27.8 | -13,531,600 | 39,350,700 | 0.89% |
May 16, 2024 | CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | reduced | -5.2 | -33,778 | 1,437,410 | -% |
May 16, 2024 | COMERICA BANK | reduced | -62.32 | -2,756,340 | 1,749,780 | 0.01% |
May 16, 2024 | JANE STREET GROUP, LLC | added | 1,727 | 15,313,900 | 16,172,300 | -% |
May 15, 2024 | D. E. Shaw & Co., Inc. | reduced | -54.49 | -650,962 | 575,098 | -% |
May 15, 2024 | OPTIONS SOLUTIONS, LLC | new | - | 375,957 | 375,957 | 0.21% |
May 15, 2024 | Squarepoint Ops LLC | new | - | 916,984 | 916,984 | -% |
May 15, 2024 | GOLDMAN SACHS GROUP INC | added | 14.28 | 733,226 | 4,855,510 | -% |
May 15, 2024 | DISCOVERY CAPITAL MANAGEMENT, LLC / CT | sold off | -100 | -5,390,890 | - | -% |
May 15, 2024 | Walleye Capital LLC | sold off | -100 | -982,342 | - | -% |
Unveiling Harmonic Inc's Major ShareHolders
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Peers (Alternatives to Harmonic Inc)
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
CSCO | 195.2B | 57.2B | 14.52 | 3.41 | ||||
ANET | 100.2B | 6.1B | 43.8 | 16.49 | ||||
HPQ | 30.6B | 53.1B | 8.95 | 0.58 | ||||
HPE | 23.2B | 29.1B | 11.47 | 0.8 | ||||
LOGI | 13.8B | 4.3B | 22.55 | 3.21 | ||||
JNPR | 11.3B | 5.3B | 50.26 | 2.11 | ||||
MID-CAP | ||||||||
UI | 8.8B | 1.9B | 25.3 | 4.63 | ||||
BDC | 3.8B | 2.4B | 21.17 | 1.58 | ||||
LITE | 3.1B | 1.4B | -8.78 | 2.19 | ||||
SMALL-CAP | ||||||||
EXTR | 1.5B | 1.2B | -239.63 | 1.24 | ||||
AAOI | 456.4M | 205.3M | -7.25 | 2.22 | ||||
ADTN | 417.7M | 1.1B | -0.76 | 0.4 | ||||
ALOT | 135.5M | 148.1M | 28.87 | 0.92 | ||||
AIRG | 56.5M | 53.8M | -4.7 | 1.05 | ||||
AKTS | 34.5M | 29.9M | -0.45 | 1.16 |
Harmonic Inc News
Income Statement (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Revenue | -27.0% | 122 | 167 | 127 | 156 | 158 | 164 | 156 | 157 | 147 | 156 | 126 | 113 | 112 | 132 | 95.00 | 74.00 | 78.00 | 122 | 116 | 85.00 | 80.00 |
Gross Profit | -22.9% | 63.00 | 82.00 | 62.00 | 85.00 | 84.00 | 86.00 | 79.00 | 82.00 | 69.00 | 78.00 | 66.00 | 61.00 | 55.00 | 72.00 | 49.00 | 38.00 | 37.00 | 62.00 | 76.00 | 44.00 | 42.00 |
Operating Expenses | 0.5% | 73.00 | 72.00 | 70.00 | 75.00 | 73.00 | 69.00 | 67.00 | 67.00 | 67.00 | 63.00 | 61.00 | 58.00 | 59.00 | 55.00 | 51.00 | 47.00 | 55.00 | 55.00 | 53.00 | 52.00 | 50.00 |
S&GA Expenses | -7.4% | 39.00 | 42.00 | 39.00 | 43.00 | 39.00 | 37.00 | 36.00 | 37.00 | 37.00 | 35.00 | 34.00 | 34.00 | 35.00 | 33.00 | 29.00 | 27.00 | 31.00 | 31.00 | 31.00 | 29.00 | 28.00 |
R&D Expenses | 1.5% | 31.00 | 30.00 | 30.00 | 32.00 | 34.00 | 31.00 | 30.00 | 30.00 | 29.00 | 27.00 | 27.00 | 25.00 | 24.00 | 21.00 | 20.00 | 19.00 | 22.00 | 22.00 | 20.00 | 21.00 | 21.00 |
EBITDA Margin | -58.3% | 0.02* | 0.06* | 0.07* | 0.10* | 0.11* | 0.10* | 0.10* | 0.09* | 0.07* | 0.06* | 0.07* | 0.06* | - | - | - | - | - | - | - | - | - |
Interest Expenses | 26.6% | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 3.00 | 3.00 | 3.00 | 3.00 | 3.00 | 3.00 | 3.00 | 3.00 | 21.00 | -3.00 | -2.96 | -2.91 |
Income Taxes | 96.7% | -2.45 | -75.03 | -2.38 | 7.00 | 5.00 | 9.00 | 1.00 | 3.00 | 3.00 | -7.39 | 1.00 | 1.00 | 1.00 | -0.04 | 1.00 | 2.00 | 1.00 | -1.65 | 1.00 | 1.00 | -0.32 |
Earnings Before Taxes | -219.6% | -10.54 | 9.00 | -8.88 | 9.00 | 10.00 | 15.00 | 10.00 | 18.00 | 1.00 | 12.00 | 2.00 | -0.64 | -5.43 | 13.00 | -4.59 | -13.82 | -21.22 | 4.00 | 12.00 | -11.15 | -11.62 |
EBT Margin | -108.8% | 0.00* | 0.03* | 0.04* | 0.07* | 0.08* | 0.07* | 0.07* | 0.06* | 0.03* | 0.02* | 0.02* | 0.01* | - | - | - | - | - | - | - | - | - |
Net Income | -109.6% | -8.09 | 84.00 | -6.49 | 2.00 | 5.00 | 6.00 | 9.00 | 15.00 | -1.53 | 20.00 | 2.00 | -2.01 | -6.12 | 13.00 | -5.38 | -15.40 | -21.95 | 6.00 | 12.00 | -11.84 | -11.31 |
Net Income Margin | -10.5% | 0.12* | 0.14* | 0.01* | 0.03* | 0.05* | 0.05* | 0.07* | 0.06* | 0.03* | 0.03* | 0.01* | 0.00* | - | - | - | - | - | - | - | - | - |
Free Cashflow | 603.4% | 25.00 | 4.00 | 9.00 | -18.02 | 4.00 | 17.00 | -10.10 | 19.00 | -29.92 | 5.00 | 12.00 | 13.00 | - | - | - | - | - | - | - | - | - |
Balance Sheet | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Assets | -3.6% | 741 | 768 | 674 | 690 | 704 | 710 | 698 | 698 | 700 | 694 | 644 | 651 | 610 | 592 | 559 | 558 | 576 | 587 | 568 | 527 | 514 |
Current Assets | -9.0% | 301 | 331 | 329 | 332 | 338 | 345 | 337 | 338 | 325 | 323 | 291 | 301 | 261 | 238 | 214 | 208 | 232 | 251 | 237 | 186 | 181 |
Cash Equivalents | 0.0% | 84.00 | 84.00 | 76.00 | 71.00 | 91.00 | 90.00 | 105 | 122 | 101 | 133 | 128 | 115 | 101 | 99.00 | 71.00 | 78.00 | 72.00 | 93.00 | 67.00 | 58.00 | 70.00 |
Inventory | 3.2% | 87.00 | 84.00 | 104 | 114 | 132 | 121 | 99.00 | 83.00 | 82.00 | 71.00 | 52.00 | 43.00 | 36.00 | 35.00 | 37.00 | 32.00 | 35.00 | 29.00 | 29.00 | 28.00 | 29.00 |
Net PPE | -3.9% | 35.00 | 37.00 | 37.00 | 38.00 | 39.00 | 40.00 | 40.00 | 42.00 | 43.00 | 43.00 | 44.00 | 44.00 | 43.00 | 43.00 | 42.00 | 41.00 | 37.00 | 23.00 | 19.00 | 19.00 | 21.00 |
Goodwill | -0.4% | 238 | 239 | 237 | 239 | 238 | 238 | 234 | 237 | 240 | 240 | 241 | 242 | 242 | 244 | 241 | 240 | 239 | 240 | 239 | 240 | 240 |
Liabilities | 0.1% | 332 | 331 | 333 | 348 | 368 | 386 | 397 | 402 | 416 | 397 | 369 | 384 | 348 | 333 | 325 | 327 | 338 | 332 | 327 | 315 | 294 |
Current Liabilities | 0.9% | 275 | 272 | 275 | 288 | 306 | 322 | 222 | 222 | 231 | 224 | 204 | 186 | 193 | 147 | 146 | 145 | 197 | 192 | 146 | 138 | 134 |
Long Term Debt | - | - | - | - | - | - | - | 114 | 114 | 113 | 99.00 | 98.00 | 133 | 95.00 | 130 | 128 | 127 | 90.00 | 89.00 | 10.00 | 17.00 | 12.00 |
LT Debt, Current | 0.2% | 115 | 115 | 115 | 114 | 114 | 114 | 38.00 | 38.00 | 38.00 | 37.00 | 37.00 | - | 36.00 | - | 8.00 | 8.00 | 44.00 | 43.00 | - | - | - |
LT Debt, Non Current | - | - | - | - | - | - | - | 114 | 114 | 113 | 99.00 | 98.00 | 133 | 95.00 | 130 | 128 | 127 | 90.00 | 89.00 | 130 | 118 | 116 |
Shareholder's Equity | -6.3% | 409 | 437 | 341 | 343 | 336 | 325 | 301 | 297 | 285 | 296 | 274 | 267 | 260 | 258 | 234 | 230 | 236 | 252 | 241 | 212 | 221 |
Retained Earnings | -1.5% | -1,992 | -1,962 | -2,046 | -2,039 | -2,041 | -2,046 | -2,052 | -2,061 | -2,073 | -2,087 | -2,107 | -2,109 | -2,107 | -2,101 | -2,114 | -2,109 | -2,093 | -2,071 | -2,077 | -2,089 | -2,077 |
Additional Paid-In Capital | 0.2% | 2,410 | 2,405 | 2,399 | 2,390 | 2,385 | 2,381 | 2,376 | 2,371 | 2,363 | 2,387 | 2,381 | 2,374 | 2,365 | 2,354 | 2,349 | 2,343 | 2,336 | 2,327 | 2,324 | 2,303 | 2,300 |
Accumulated Depreciation | 1.7% | 112 | 110 | 107 | 107 | 111 | 111 | 125 | 123 | 122 | 119 | 117 | 115 | 113 | 111 | - | - | - | - | - | - | - |
Shares Outstanding | -0.4% | 112 | 112 | 112 | 112 | 111 | 110 | 105 | 105 | 104 | 101 | 102 | 101 | - | - | - | - | - | - | - | - | - |
Float | - | - | - | - | 1,259 | - | - | - | 399 | - | - | - | 375 | - | - | - | 240 | - | - | - | 161 | - |
Cashflow (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Cashflow From Operations | 328.0% | 26,820 | 6,267 | 11,044 | -16,522 | 6,270 | 19,351 | -8,219 | 21,826 | -27,482 | 7,361 | 15,217 | 16,761 | 1,678 | 41,582 | -3,309 | 11,931 | -11,041 | 30,154 | 5,787 | -8,862 | 4,216 |
Share Based Compensation | 4.8% | 6,923 | 6,605 | 7,241 | 6,059 | 7,424 | 5,591 | 6,460 | 5,575 | 7,586 | 5,193 | 6,434 | 4,031 | 8,398 | 4,303 | 3,930 | 3,548 | 6,259 | 3,355 | 4,096 | 2,510 | 2,113 |
Cashflow From Investing | -153.4% | -1,911 | 3,579 | -8,221 | -1,502 | -2,331 | -1,861 | -1,885 | 4,896 | -2,438 | -2,405 | -2,885 | -4,040 | -3,645 | -6,029 | -5,423 | -9,529 | -11,224 | -5,355 | -2,034 | -1,265 | -1,674 |
Cashflow From Financing | -1089.5% | -23,873 | -2,007 | 2,468 | -2,031 | -3,420 | -38,134 | -2,139 | -893 | -1,967 | 366 | 1,328 | 1,581 | 4,664 | -8,311 | 1,255 | 3,217 | 1,730 | 1,281 | 5,364 | -1,758 | 1,418 |
Buy Backs | - | 21,676 | - | - | - | - | - | 120 | 2,872 | 2,141 | - | - | - | - | - | - | - | - | - | - | - | - |
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Thousands, $ in Thousands | 3 Months Ended | |
---|---|---|
Mar. 29, 2024 | Mar. 31, 2023 | |
Revenue: | ||
Total net revenue | $ 122,060 | $ 157,649 |
Cost of revenue: | ||
Total cost of revenue | 58,979 | 73,595 |
Total gross profit | 63,081 | 84,054 |
Operating expenses: | ||
Research and development | 30,705 | 33,509 |
Selling, general and administrative | 38,865 | 39,282 |
Restructuring and related charges | 3,037 | 83 |
Total operating expenses | 72,607 | 72,874 |
Income (loss) from operations | (9,526) | 11,180 |
Interest expense, net | (723) | (706) |
Other expense, net | (289) | (293) |
Income (loss) before income taxes | (10,538) | 10,181 |
Provision for (benefit from) income taxes | (2,449) | 5,088 |
Net income (loss) | $ (8,089) | $ 5,093 |
Net income (loss) per share: | ||
Basic (in dollars per share) | $ (0.07) | $ 0.05 |
Diluted (in dollars per share) | $ (0.07) | $ 0.04 |
Weighted average shares outstanding: | ||
Basic (in shares) | 112,350 | 110,794 |
Diluted (in shares) | 112,350 | 117,758 |
Appliance and integration | ||
Revenue: | ||
Total net revenue | $ 81,595 | $ 114,794 |
Cost of revenue: | ||
Total cost of revenue | 43,074 | 59,748 |
SaaS and service | ||
Revenue: | ||
Total net revenue | 40,465 | 42,855 |
Cost of revenue: | ||
Total cost of revenue | $ 15,905 | $ 13,847 |
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands | Mar. 29, 2024 | Dec. 31, 2023 |
---|---|---|
Current assets: | ||
Cash and cash equivalents | $ 84,305 | $ 84,269 |
Accounts receivable, net | 105,854 | 141,531 |
Inventories | 86,631 | 83,982 |
Prepaid expenses and other current assets | 24,019 | 20,950 |
Total current assets | 300,809 | 330,732 |
Property and equipment, net | 35,239 | 36,683 |
Operating lease right-of-use assets | 19,420 | 20,817 |
Goodwill | 238,287 | 239,150 |
Deferred income taxes | 108,418 | 104,707 |
Other non-current assets | 38,497 | 36,117 |
Total assets | 740,670 | 768,206 |
Current liabilities: | ||
Convertible debt, current | 115,109 | 114,880 |
Other debts, current | 4,813 | 4,918 |
Accounts payable | 43,844 | 38,562 |
Deferred revenue | 51,500 | 46,217 |
Operating lease liabilities, current | 6,507 | 6,793 |
Other current liabilities | 53,045 | 61,024 |
Total current liabilities | 274,818 | 272,394 |
Other debts, non-current | 10,271 | 10,495 |
Operating lease liabilities, non-current | 17,711 | 18,965 |
Other non-current liabilities | 28,716 | 29,478 |
Total liabilities | 331,516 | 331,332 |
Commitments and contingencies (Note 13) | ||
Stockholders’ equity: | ||
Preferred stock, $0.001 par value, 5,000 shares authorized; no shares issued or outstanding | 0 | 0 |
Common stock, $0.001 par value, 150,000 shares authorized; 111,946 and 112,407 shares issued and outstanding at March 29, 2024 and December 31, 2023, respectively | 112 | 112 |
Additional paid-in capital | 2,410,094 | 2,405,043 |
Accumulated deficit | (1,992,339) | (1,962,575) |
Accumulated other comprehensive loss | (8,713) | (5,706) |
Total stockholders’ equity | 409,154 | 436,874 |
Total liabilities and stockholders’ equity | $ 740,670 | $ 768,206 |