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Harmonic is a communication equipment business based in the US. Harmonic shares (HLIT) are listed on the NASDAQ and all prices are listed in US Dollars. Its last market close was $12.08 – a decrease of 2.58% over the previous week. Harmonic employs 1,238 staff and has a trailing 12-month revenue of around $623.6 million.
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Harmonic stock price (NASDAQ: HLIT)
Use our graph to track the performance of HLIT stocks over time.Harmonic shares at a glance
Latest market close | $12.08 |
---|---|
52-week range | $9.10 - $15.46 |
50-day moving average | $13.43 |
200-day moving average | $12.63 |
Wall St. target price | $14.93 |
PE ratio | 16.9863 |
Dividend yield | N/A |
Earnings per share (TTM) | $0.73 |
Is it a good time to buy Harmonic stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
Harmonic price performance over time
Historical closes compared with the close of $12.21 from 2024-11-19
1 week (2024-11-13) | -0.89% |
---|---|
1 month (2024-10-18) | -15.50% |
3 months (2024-08-20) | -12.28% |
6 months (2024-05-20) | 4.63% |
1 year (2023-11-20) | 11.92% |
---|---|
2 years (2022-11-18) | -16.94% |
3 years (2021-11-19) | 10.20% |
5 years (2019-11-20) | 53.58% |
Is Harmonic stock undervalued or overvalued?
Valuing Harmonic stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Harmonic's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Harmonic's P/E ratio
Harmonic's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 17x. In other words, Harmonic shares trade at around 17x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
Harmonic's EBITDA
Harmonic's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $64.9 million.
The EBITDA is a measure of a Harmonic's overall financial performance and is widely used to measure a its profitability.
Harmonic financials
Revenue TTM | $623.6 million |
---|---|
Operating margin TTM | 19.83% |
Gross profit TTM | $316.4 million |
Return on assets TTM | 4.59% |
Return on equity TTM | 22.07% |
Profit margin | 13.62% |
Book value | $3.68 |
Market Capitalization | $1.4 billion |
TTM: trailing 12 months
Harmonic share dividends
We're not expecting Harmonic to pay a dividend over the next 12 months.
Have Harmonic's shares ever split?
Harmonic's shares were split on a 2:1 basis on 14 October 1999 . So if you had owned 1 share the day before before the split, the next day you'd have owned 2 shares. This wouldn't directly have changed the overall worth of your Harmonic shares – just the quantity. However, indirectly, the new 50% lower share price could have impacted the market appetite for Harmonic shares which in turn could have impacted Harmonic's share price.
Harmonic share price volatility
Over the last 12 months, Harmonic's shares have ranged in value from as little as $9.1 up to $15.46. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Harmonic's is 0.893. This would suggest that Harmonic's shares are less volatile than average (for this exchange).
Harmonic overview
Harmonic Inc. , together with its subsidiaries, provides broadband solutions worldwide. The company operates through Broadband and Video segments. The Broadband segment sells broadband access solutions and related services, including cOS software-based broadband access solutions to broadband operators; and cOS central cloud services, a subscription service for cOS customers. The Video segment sells video processing, production, and playout solutions and services to cable operators, and satellite and telco Pay-TV service providers, as well as to broadcast and media, including streaming media companies. Its 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 VOS360 SaaS platform that provides both streaming and channel origination and distribution services; and software-as-a-service (SaaS) solutions, which enables the packaging and delivery of streaming services, including live streaming, VOD, 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.
Frequently asked questions
nullWhat percentage of Harmonic is owned by insiders or institutions?
Currently 2.311% of Harmonic shares are held by insiders and 97.383% by institutions. How many people work for Harmonic?
Latest data suggests 1,238 work at Harmonic. When does the fiscal year end for Harmonic?
Harmonic's fiscal year ends in December. Where is Harmonic based?
Harmonic's address is: 2590 Orchard Parkway, San Jose, CA, United States, 95131 What is Harmonic's ISIN number?
Harmonic's international securities identification number is: US4131601027 What is Harmonic's CUSIP number?
Harmonic's Committee on Uniform Securities Identification Procedures number is: 413160102
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