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HLIT

HLIT - Harmonic Inc Stock Price, Fair Value and News

11.63USD-0.04 (-0.34%)Delayed

Market Summary

HLIT
USD11.63-0.04
Delayed
-0.34%

HLIT Alerts

  • 1 major insider sales recently.
  • Big fall in Revenue (Y/Y)
  • Big fall in earnings (Y/Y)
  • Losses in recent quarter

HLIT Stock Price

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HLIT RSI Chart

HLIT Valuation

Market Cap

1.4B

Price/Earnings (Trailing)

19.14

Price/Sales (Trailing)

2.37

EV/EBITDA

94.93

Price/Free Cashflow

69.32

HLIT Price/Sales (Trailing)

HLIT Profitability

EBT Margin

-0.28%

Return on Equity

17.31%

Return on Assets

9.56%

Free Cashflow Yield

1.44%

HLIT Fundamentals

HLIT Revenue

Revenue (TTM)

572.3M

Rev. Growth (Yr)

-22.57%

Rev. Growth (Qtr)

-26.95%

HLIT Earnings

Earnings (TTM)

70.8M

Earnings Growth (Yr)

-258.83%

Earnings Growth (Qtr)

-109.65%

Breaking Down HLIT Revenue

Last 7 days

2.1%

Last 30 days

16.0%

Last 90 days

-14.9%

Trailing 12 Months

-30.9%

How does HLIT drawdown profile look like?

HLIT Financial Health

Current Ratio

1.09

HLIT Investor Care

Shares Dilution (1Y)

4.66%

Diluted EPS (TTM)

0.61

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
2024572.3M000
2023635.2M633.7M605.1M607.9M
2022543.0M587.0M616.4M625.0M
2021412.0M451.4M482.9M507.1M
2020401.2M390.3M369.5M378.8M
2019393.5M379.2M394.4M402.9M
2018365.4M382.3M390.9M403.6M
2017407.0M379.8M370.4M358.2M
2016354.8M361.3M379.4M405.9M
2015429.5M423.1M398.3M377.0M
2014468.3M460.8M445.9M433.6M
2013462.1M457.2M459.7M461.9M
2012474.5M462.5M444.1M476.9M
2011369.7M408.1M442.2M490.9M
2010336.6M350.9M371.8M321.6M
20090349.8M334.7M319.6M
2008000365.0M
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Tracking the Latest Insider Buys and Sells of Harmonic Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
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

1–10 of 50

Which funds bought or sold HLIT recently?

View All Details
Datesorted ascendingFund NameType% 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
-
-%

1–10 of 44

Are Funds Buying or Selling HLIT?

Are funds buying HLIT calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own HLIT
No. of Funds

Unveiling Harmonic Inc's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Apr 26, 2024
scopia capital management lp
5.4%
6,084,068
SC 13D
Feb 13, 2024
vanguard group inc
8.63%
9,686,046
SC 13G/A
Feb 09, 2024
wellington management group llp
7.84%
8,796,165
SC 13G/A
Feb 09, 2024
trigran investments, inc.
7.6%
8,562,409
SC 13G/A
Jan 22, 2024
blackrock inc.
15.7%
17,607,430
SC 13G/A
Jan 22, 2024
scopia capital management lp
3.9%
4,354,603
SC 13D/A
Sep 21, 2023
scopia capital management lp
5.1%
5,669,163
SC 13D
Apr 12, 2023
scopia capital management lp
4.4%
4,892,041
SC 13D/A
Feb 14, 2023
t. rowe price investment management, inc.
1.1%
1,261,787
SC 13G/A
Feb 10, 2023
trigran investments, inc.
7.0%
7,387,478
SC 13G

Recent SEC filings of Harmonic Inc

View All Filings
Date Filed Form Type Document
May 17, 2024
4
Insider Trading
May 17, 2024
4
Insider Trading
May 17, 2024
4
Insider Trading
May 17, 2024
4
Insider Trading
May 06, 2024
4
Insider Trading
May 02, 2024
10-Q
Quarterly Report
May 02, 2024
144
Notice of Insider Sale Intent
Apr 29, 2024
8-K
Current Report
Apr 29, 2024
DEFA14A
DEFA14A
Apr 29, 2024
DEF 14A
DEF 14A

Peers (Alternatives to Harmonic Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
195.2B
57.2B
0.84% -0.02%
14.52
3.41
7.66% 18.93%
100.2B
6.1B
23.38% 126.13%
43.8
16.49
25.22% 50.89%
30.6B
53.1B
12.68% 1.50%
8.95
0.58
-11.04% 34.01%
23.2B
29.1B
4.87% 23.94%
11.47
0.8
2.24% 133.29%
13.8B
4.3B
13.89% 41.09%
22.55
3.21
-5.30% 67.91%
11.3B
5.3B
-5.04% 17.70%
50.26
2.11
-2.96% -55.26%
MID-CAP
8.8B
1.9B
37.99% -15.28%
25.3
4.63
1.03% -11.76%
3.8B
2.4B
13.60% 9.12%
21.17
1.58
-8.79% -36.23%
3.1B
1.4B
9.65% -2.83%
-8.78
2.19
-21.81% -865.12%
SMALL-CAP
1.5B
1.2B
4.94% -36.59%
-239.63
1.24
-0.19% -110.91%
456.4M
205.3M
-2.09% 570.29%
-7.25
2.22
-8.19% 5.55%
417.7M
1.1B
13.55% -38.68%
-0.76
0.4
-12.01% -1246.95%
135.5M
148.1M
4.92% 16.09%
28.87
0.92
3.90% 76.40%
56.5M
53.8M
-4.90% -
-4.7
1.05
-28.06% -33.67%
34.5M
29.9M
-30.00% -88.82%
-0.45
1.16
39.86% -24.01%

Harmonic Inc News

Latest updates
Defense World • 6 hours ago
Yahoo News Australia • 16 May 2024 • 04:32 am
Defense World • 06 May 2024 • 07:00 am
Simply Wall St • 01 Apr 2024 • 07:00 am

Harmonic Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Thousands)
Income Statement (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue-27.0%12216712715615816415615714715612611311213295.0074.0078.0012211685.0080.00
Gross Profit-22.9%63.0082.0062.0085.0084.0086.0079.0082.0069.0078.0066.0061.0055.0072.0049.0038.0037.0062.0076.0044.0042.00
Operating Expenses0.5%73.0072.0070.0075.0073.0069.0067.0067.0067.0063.0061.0058.0059.0055.0051.0047.0055.0055.0053.0052.0050.00
  S&GA Expenses-7.4%39.0042.0039.0043.0039.0037.0036.0037.0037.0035.0034.0034.0035.0033.0029.0027.0031.0031.0031.0029.0028.00
  R&D Expenses1.5%31.0030.0030.0032.0034.0031.0030.0030.0029.0027.0027.0025.0024.0021.0020.0019.0022.0022.0020.0021.0021.00
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 Expenses26.6%1.001.001.001.001.001.001.001.001.003.003.003.003.003.003.003.003.0021.00-3.00-2.96-2.91
Income Taxes96.7%-2.45-75.03-2.387.005.009.001.003.003.00-7.391.001.001.00-0.041.002.001.00-1.651.001.00-0.32
Earnings Before Taxes-219.6%-10.549.00-8.889.0010.0015.0010.0018.001.0012.002.00-0.64-5.4313.00-4.59-13.82-21.224.0012.00-11.15-11.62
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%-8.0984.00-6.492.005.006.009.0015.00-1.5320.002.00-2.01-6.1213.00-5.38-15.40-21.956.0012.00-11.84-11.31
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 Cashflow603.4%25.004.009.00-18.024.0017.00-10.1019.00-29.925.0012.0013.00---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets-3.6%741768674690704710698698700694644651610592559558576587568527514
  Current Assets-9.0%301331329332338345337338325323291301261238214208232251237186181
    Cash Equivalents0.0%84.0084.0076.0071.0091.0090.0010512210113312811510199.0071.0078.0072.0093.0067.0058.0070.00
  Inventory3.2%87.0084.0010411413212199.0083.0082.0071.0052.0043.0036.0035.0037.0032.0035.0029.0029.0028.0029.00
  Net PPE-3.9%35.0037.0037.0038.0039.0040.0040.0042.0043.0043.0044.0044.0043.0043.0042.0041.0037.0023.0019.0019.0021.00
  Goodwill-0.4%238239237239238238234237240240241242242244241240239240239240240
Liabilities0.1%332331333348368386397402416397369384348333325327338332327315294
  Current Liabilities0.9%275272275288306322222222231224204186193147146145197192146138134
  Long Term Debt-------11411411399.0098.0013395.0013012812790.0089.0010.0017.0012.00
    LT Debt, Current0.2%11511511511411411438.0038.0038.0037.0037.00-36.00-8.008.0044.0043.00---
    LT Debt, Non Current-------11411411399.0098.0013395.0013012812790.0089.00130118116
Shareholder's Equity-6.3%409437341343336325301297285296274267260258234230236252241212221
  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 Capital0.2%2,4102,4052,3992,3902,3852,3812,3762,3712,3632,3872,3812,3742,3652,3542,3492,3432,3362,3272,3242,3032,300
Accumulated Depreciation1.7%112110107107111111125123122119117115113111-------
Shares Outstanding-0.4%112112112112111110105105104101102101---------
Float----1,259---399---375---240---161-
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations328.0%26,8206,26711,044-16,5226,27019,351-8,21921,826-27,4827,36115,21716,7611,67841,582-3,30911,931-11,04130,1545,787-8,8624,216
  Share Based Compensation4.8%6,9236,6057,2416,0597,4245,5916,4605,5757,5865,1936,4344,0318,3984,3033,9303,5486,2593,3554,0962,5102,113
Cashflow From Investing-153.4%-1,9113,579-8,221-1,502-2,331-1,861-1,8854,896-2,438-2,405-2,885-4,040-3,645-6,029-5,423-9,529-11,224-5,355-2,034-1,265-1,674
Cashflow From Financing-1089.5%-23,873-2,0072,468-2,031-3,420-38,134-2,139-893-1,9673661,3281,5814,664-8,3111,2553,2171,7301,2815,364-1,7581,418
  Buy Backs-21,676-----1202,8722,141------------
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HLIT Income Statement

2024-03-29
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 revenue58,97973,595
Total gross profit63,08184,054
Operating expenses:  
Research and development30,70533,509
Selling, general and administrative38,86539,282
Restructuring and related charges3,03783
Total operating expenses72,60772,874
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)112,350110,794
Diluted (in shares)112,350117,758
Appliance and integration  
Revenue:  
Total net revenue$ 81,595$ 114,794
Cost of revenue:  
Total cost of revenue43,07459,748
SaaS and service  
Revenue:  
Total net revenue40,46542,855
Cost of revenue:  
Total cost of revenue$ 15,905$ 13,847

HLIT Balance Sheet

2024-03-29
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, net105,854141,531
Inventories86,63183,982
Prepaid expenses and other current assets24,01920,950
Total current assets300,809330,732
Property and equipment, net35,23936,683
Operating lease right-of-use assets19,42020,817
Goodwill238,287239,150
Deferred income taxes108,418104,707
Other non-current assets38,49736,117
Total assets740,670768,206
Current liabilities:  
Convertible debt, current115,109114,880
Other debts, current4,8134,918
Accounts payable43,84438,562
Deferred revenue51,50046,217
Operating lease liabilities, current6,5076,793
Other current liabilities53,04561,024
Total current liabilities274,818272,394
Other debts, non-current10,27110,495
Operating lease liabilities, non-current17,71118,965
Other non-current liabilities28,71629,478
Total liabilities331,516331,332
Commitments and contingencies (Note 13)
Stockholders’ equity:  
Preferred stock, $0.001 par value, 5,000 shares authorized; no shares issued or outstanding00
Common stock, $0.001 par value, 150,000 shares authorized; 111,946 and 112,407 shares issued and outstanding at March 29, 2024 and December 31, 2023, respectively112112
Additional paid-in capital2,410,0942,405,043
Accumulated deficit(1,992,339)(1,962,575)
Accumulated other comprehensive loss(8,713)(5,706)
Total stockholders’ equity409,154436,874
Total liabilities and stockholders’ equity$ 740,670$ 768,206
HLIT
Harmonic Inc., together with its subsidiaries, provide video delivery software, products, system solutions, and services worldwide. The company operates in two segments, Video and Broadband. The Video segment sells video processing, production, and playout solutions and services to broadband operators, and satellite and telecommunications Pay-TV service providers, as well as to broadcast and media, including streaming media companies. This segment's video processing appliance solutions include network management and application software, and hardware products, such as encoders, video servers, high-density stream processing systems, and edge processors. This segment also provides software-as-a-service (SaaS) solutions, which enables the packaging and delivery of streaming services, including live streaming, video-on-demand, catch-up TV, start-over TV, network-DVR, and cloud-DVR services through HTTP streaming to various device along with dynamic and personal ad insertion. The Broadband segment offers CableOS software-based broadband access solutions; and CableOS central cloud services primarily to broadband operators. Its products enable customers to create, prepare, store, playout, and deliver a range of broadcast and streaming video services to consumer devices, including televisions, personal computers, laptops, tablets, and smart phones. The company also provides technical support and professional services, such as maintenance and support, consulting, implementation, program management, technical design and planning, building and site preparation, integration and equipment installation, end-to-end system testing, and training, as well as SaaS-related support and deployment. It sells its products through its direct sales force, as well as through independent resellers and systems integrators. Harmonic Inc. was incorporated in 1988 and is headquartered in San Jose, California.
 CEO
 WEBSITEharmonicinc.com
 INDUSTRYComputer Hardware
 EMPLOYEES1358

Harmonic Inc Frequently Asked Questions


What is the ticker symbol for Harmonic Inc? What does HLIT stand for in stocks?

HLIT is the stock ticker symbol of Harmonic Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Harmonic Inc (HLIT)?

As of Fri May 17 2024, market cap of Harmonic Inc is 1.36 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of HLIT stock?

You can check HLIT's fair value in chart for subscribers.

What is the fair value of HLIT stock?

You can check HLIT's fair value in chart for subscribers. The fair value of Harmonic Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Harmonic Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for HLIT so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Harmonic Inc a good stock to buy?

The fair value guage provides a quick view whether HLIT is over valued or under valued. Whether Harmonic Inc is cheap or expensive depends on the assumptions which impact Harmonic Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for HLIT.

What is Harmonic Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri May 17 2024, HLIT's PE ratio (Price to Earnings) is 19.14 and Price to Sales (PS) ratio is 2.37. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. HLIT PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Harmonic Inc's stock?

In the past 10 years, Harmonic Inc has provided 0.048 (multiply by 100 for percentage) rate of return.