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HLIT

HLIT - Harmonic Inc Stock Price, Fair Value and News

10.32USD-0.24 (-2.27%)Market Closed

Market Summary

HLIT
USD10.32-0.24
Market Closed
-2.27%

HLIT Stock Price

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HLIT RSI Chart

HLIT Valuation

Market Cap

1.2B

Price/Earnings (Trailing)

13.75

Price/Sales (Trailing)

1.9

EV/EBITDA

31.4

Price/Free Cashflow

-815.61

HLIT Price/Sales (Trailing)

HLIT Profitability

EBT Margin

3.15%

Return on Equity

19.23%

Return on Assets

10.93%

Free Cashflow Yield

-0.12%

HLIT Fundamentals

HLIT Revenue

Revenue (TTM)

607.9M

Rev. Growth (Yr)

1.68%

Rev. Growth (Qtr)

31.36%

HLIT Earnings

Earnings (TTM)

84.0M

Earnings Growth (Yr)

1.3K%

Earnings Growth (Qtr)

1.4K%

Breaking Down HLIT Revenue

Last 7 days

-21.5%

Last 30 days

-17.8%

Last 90 days

-13.9%

Trailing 12 Months

-34.7%

How does HLIT drawdown profile look like?

HLIT Financial Health

Current Ratio

1.21

HLIT Investor Care

Shares Dilution (1Y)

1.85%

Diluted EPS (TTM)

0.72

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
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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Very Expensive Stocks: $8,224


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Tracking the Latest Insider Buys and Sells of Harmonic Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Feb 16, 2024
haltmayer neven
sold
-201,676
13.6757
-14,747
svp, video r&d
Feb 15, 2024
graham ian
sold (taxes)
-202,986
13.67
-14,849
svp, global sales & video svcs
Feb 15, 2024
reaugh mitzi
acquired
-
-
10,446
-
Feb 15, 2024
haltmayer neven
acquired
-
-
34,710
svp, video r&d
Feb 15, 2024
harshman patrick
acquired
-
-
378,136
president and ceo
Feb 15, 2024
graham ian
acquired
-
-
27,204
svp, global sales & video svcs
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
krall david
acquired
-
-
10,446
-
Feb 15, 2024
swenson susan
acquired
-
-
10,446
-

1–10 of 50

Which funds bought or sold HLIT recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Apr 12, 2024
Game Plan Financial Advisors, LLC
reduced
-11.85
-75,145
746,310
0.38%
Apr 11, 2024
Silverberg Bernstein Capital Management LLC
reduced
-1.74
133,346
10,614,500
10.40%
Apr 09, 2024
MASSMUTUAL TRUST CO FSB/ADV
unchanged
-
37.00
1,263
-%
Apr 05, 2024
GAMMA Investing LLC
added
45.8
2,914
7,231
-%
Apr 05, 2024
CWM, LLC
added
4.49
-
3,000
-%
Mar 22, 2024
PNC FINANCIAL SERVICES GROUP, INC.
reduced
-0.66
55,248
215,317
-%
Mar 11, 2024
VANGUARD GROUP INC
added
3.08
35,816,800
126,306,000
-%
Mar 01, 2024
GOLDMAN SACHS GROUP INC
added
101
5,227,410
8,244,570
-%
Feb 28, 2024
AMERICAN INTERNATIONAL GROUP, INC.
reduced
-0.82
199,962
782,856
-%
Feb 26, 2024
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
unchanged
-
116,000
445,000
-%

1–10 of 43

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
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
Feb 09, 2023
vanguard group inc
7.20%
7,591,061
SC 13G/A

Recent SEC filings of Harmonic Inc

View All Filings
Date Filed Form Type Document
Apr 08, 2024
8-K
Current Report
Mar 06, 2024
4
Insider Trading
Mar 06, 2024
4
Insider Trading
Mar 06, 2024
4
Insider Trading
Feb 20, 2024
4
Insider Trading
Feb 20, 2024
4
Insider Trading
Feb 20, 2024
4
Insider Trading
Feb 20, 2024
4
Insider Trading
Feb 20, 2024
4
Insider Trading
Feb 20, 2024
4
Insider Trading

Peers (Alternatives to Harmonic Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
195.4B
57.2B
-1.41% -4.55%
14.53
3.41
7.66% 18.93%
82.3B
5.9B
-5.23% 60.89%
39.42
14.04
33.75% 54.34%
27.4B
53.1B
-8.09% -6.24%
8.02
0.52
-11.04% 34.01%
22.5B
29.1B
3.29% 8.61%
11.09
0.77
2.24% 133.29%
12.8B
4.2B
-14.16% 38.66%
26.36
3.02
-11.68% 12.69%
11.8B
5.6B
0.91% 7.53%
37.93
2.11
4.97% -34.14%
MID-CAP
6.5B
1.9B
-3.67% -58.51%
17.36
3.44
4.69% 6.86%
3.5B
2.5B
-1.77% 5.35%
14.36
1.39
-3.62% -4.73%
2.8B
1.4B
-8.23% -7.60%
-10.57
1.96
-21.40% -1031.82%
SMALL-CAP
1.4B
1.3B
-1.50% -42.06%
17.86
1.06
14.09% 64.56%
428.5M
217.6M
-12.13% 426.42%
-7.65
1.97
-2.32% 15.59%
370.3M
1.1B
-15.98% -54.70%
-1.38
0.32
12.05% -13041.29%
131.5M
148.1M
-1.39% 13.81%
28.01
0.89
3.90% 76.40%
56.7M
56.0M
0.37% -3.23%
-4.56
1.01
-26.16% -43.53%
51.3M
29.7M
-3.70% -83.65%
-0.74
1.73
39.86% -13.06%

Harmonic Inc News

Latest updates
MarketBeat • 19 hours ago
MarketBeat • 10 Apr 2024 • 07:29 pm
Marketscreener.com • 09 Apr 2024 • 08:31 pm
Simply Wall St • 01 Apr 2024 • 07:00 am
Yahoo Finance • 06 Mar 2024 • 08:00 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/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Revenue31.4%16712715615816415615714715612611311213295.0074.0078.0012211685.0080.00114
Gross Profit32.7%82.0062.0085.0084.0086.0079.0082.0069.0078.0066.0061.0055.0072.0049.0038.0037.0062.0076.0044.0042.0060.00
Operating Expenses2.8%72.0070.0075.0073.0069.0067.0067.0067.0063.0061.0058.0059.0055.0051.0047.0055.0055.0053.0052.0050.0053.00
  S&GA Expenses7.0%42.0039.0043.0039.0037.0036.0037.0037.0035.0034.0034.0035.0033.0029.0027.0031.0031.0031.0029.0028.0030.00
  R&D Expenses-0.2%30.0030.0032.0034.0031.0030.0030.0029.0027.0027.0025.0024.0021.0020.0019.0022.0022.0020.0021.0021.0022.00
EBITDA Margin-17.1%0.06*0.07*0.10*0.11*0.10*0.10*0.09*0.07*0.06*0.07*0.06*0.03*---------
Interest Expenses-7.8%1.001.001.001.001.001.001.001.003.003.003.003.003.003.003.003.0021.00-3.00-2.96-2.9120.00
Income Taxes-3047.1%-75.03-2.387.005.009.001.003.003.00-7.391.001.001.00-0.041.002.001.00-1.651.001.00-0.321.00
Earnings Before Taxes199.3%9.00-8.889.0010.0015.0010.0018.001.0012.002.00-0.64-5.4313.00-4.59-13.82-21.224.0012.00-11.15-11.625.00
EBT Margin-25.8%0.03*0.04*0.07*0.08*0.07*0.07*0.06*0.03*0.02*0.02*0.01*-0.03*---------
Net Income1390.9%84.00-6.492.005.006.009.0015.00-1.5320.002.00-2.01-6.1213.00-5.38-15.40-21.956.0012.00-11.84-11.313.00
Net Income Margin1230.6%0.14*0.01*0.03*0.05*0.05*0.07*0.06*0.03*0.03*0.01*0.00*-0.03*---------
Free Cashflow-61.2%4.009.00-18.024.0017.00-10.1019.00-29.925.0012.0013.00-1.97---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Assets14.0%768674690704710698698700694644651610592559558576587568527514511
  Current Assets0.5%331329332338345337338325323291301261238214208232251237186181197
    Cash Equivalents11.4%84.0076.0071.0091.0090.0010512210113312811510199.0071.0078.0072.0093.0067.0058.0070.0066.00
  Inventory-19.1%84.0010411413212199.0083.0082.0071.0052.0043.0036.0035.0037.0032.0035.0029.0029.0028.0029.0026.00
  Net PPE-0.7%37.0037.0038.0039.0040.0040.0042.0043.0043.0044.0044.0043.0043.0042.0041.0037.0023.0019.0019.0021.0022.00
  Goodwill0.8%239237239238238234237240240241242242244241240239240239240240241
Liabilities-0.5%331333348368386397402416397369384348333325327338332327315294283
  Current Liabilities-1.0%272275288306322222222231224204186193147146145197192146138134136
  Long Term Debt------11411411399.0098.0013395.0013012812790.0089.0010.0017.0012.0013.00
    LT Debt, Current0.2%11511511411411438.0038.0038.0037.0037.00-36.00-8.008.0044.0043.00----
    LT Debt, Non Current------11411411399.0098.0013395.0013012812790.0089.00130118116115
Shareholder's Equity28.2%437341343336325301297285296274267260258234230236252241212221228
  Retained Earnings4.1%-1,962-2,046-2,039-2,041-2,046-2,052-2,061-2,073-2,087-2,107-2,109-2,107-2,101-2,114-2,109-2,093-2,071-2,077-2,089-2,077-2,067
  Additional Paid-In Capital0.2%2,4052,3992,3902,3852,3812,3762,3712,3632,3872,3812,3742,3652,3542,3492,3432,3362,3272,3242,3032,3002,297
Accumulated Depreciation-100.0%-107107111111125123122119117115113111--------
Shares Outstanding0.2%112112112111110105105104101102101100---------
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/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Cashflow From Operations-43.3%6,26711,044-16,5226,27019,351-8,21921,826-27,4827,36115,21716,7611,67841,582-3,30911,931-11,04130,1545,787-8,8624,2166,617
  Share Based Compensation-8.8%6,6057,2416,0597,4245,5916,4605,5757,5865,1936,4344,0318,3984,3033,9303,5486,2593,3554,0962,5102,1133,087
Cashflow From Investing143.5%3,579-8,221-1,502-2,331-1,861-1,8854,896-2,438-2,405-2,885-4,040-3,645-6,029-5,423-9,529-11,224-5,355-2,034-1,265-1,674-2,341
Cashflow From Financing-181.3%-2,0072,468-2,031-3,420-38,134-2,139-893-1,9673661,3281,5814,664-8,3111,2553,2171,7301,2815,364-1,7581,41820.00
  Buy Backs------1202,8722,141-------------

HLIT Income Statement

2023-12-31
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Revenue:   
Total net revenue$ 607,907$ 624,957$ 507,149
Cost of revenue:   
Total cost of revenue295,362309,073247,407
Total gross profit312,545315,884259,742
Operating expenses:   
Research and development126,282120,307102,231
Selling, general and administrative163,282146,717138,085
Amortization of intangibles00507
Restructuring and related charges8093,341110
Total operating expenses290,373270,365240,933
Income from operations22,17245,51918,809
Interest expense, net(2,696)(5,040)(10,625)
Other income (expense), net(335)4,006687
Income before income taxes19,14144,4858,871
Provision for (benefit from) income taxes(64,853)16,303(4,383)
Net income$ 83,994$ 28,182$ 13,254
Net income per share:   
Basic (in dollars per share)$ 0.75$ 0.27$ 0.13
Diluted (in dollars per share)$ 0.72$ 0.25$ 0.12
Weighted average common shares:   
Basic (in shares)111,651105,080101,484
Diluted (in shares)117,359112,378106,171
Appliance and integration   
Revenue:   
Total net revenue$ 435,878$ 473,806$ 369,767
Cost of revenue:   
Total cost of revenue236,773259,027195,445
SaaS and service   
Revenue:   
Total net revenue172,029151,151137,382
Cost of revenue:   
Total cost of revenue$ 58,589$ 50,046$ 51,962

HLIT Balance Sheet

2023-12-31
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Current assets:  
Cash and cash equivalents$ 84,269$ 89,586
Accounts receivable, net141,531108,427
Inventories83,982120,949
Prepaid expenses and other current assets20,95026,337
Total current assets330,732345,299
Property and equipment, net36,68339,814
Operating lease right-of-use assets, net20,81725,469
Goodwill239,150237,739
Deferred income taxes104,70711,776
Other non-current assets36,11749,921
Total assets768,206710,018
Current liabilities:  
Convertible debt, current114,880113,981
Other debts, current4,9184,756
Accounts payable38,56267,455
Deferred revenue46,21762,383
Operating lease liabilities, current6,7936,773
Other current liabilities61,02466,724
Total current liabilities272,394322,072
Other debts, non-current10,49511,161
Operating lease liabilities, non-current18,96524,110
Other non-current liabilities29,47828,169
Total liabilities331,332385,512
Commitments and contingencies (Note 17)
Stockholders’ equity:  
Preferred stock, $0.001 par value, 5,000 shares authorized; no shares issued or outstanding00
Common stock, $0.001 par value, 150,000 shares authorized; 112,407 and 109,871 shares issued and outstanding at December 31, 2023 and 2022, respectively112110
Additional paid-in capital2,405,0432,380,651
Accumulated deficit(1,962,575)(2,046,569)
Accumulated other comprehensive loss(5,706)(9,686)
Total stockholders’ equity436,874324,506
Total liabilities and stockholders’ equity$ 768,206$ 710,018
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 Mon Apr 15 2024, market cap of Harmonic Inc is 1.15 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 Mon Apr 15 2024, HLIT's PE ratio (Price to Earnings) is 13.75 and Price to Sales (PS) ratio is 1.9. 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 0.044 (multiply by 100 for percentage) rate of return.