Harmonic Company Profile (NASDAQ:HLIT)

About Harmonic

Harmonic logoHarmonic Inc. (Harmonic) designs, manufactures and sells video infrastructure products and system solutions. The Company has two segments: Video and Cable Edge. Harmonic provides technical support and professional services to its customers around the world. The Video segment sells video processing and production, and playout solutions and services to broadcast and media companies, streaming media companies, cable operators, and satellite and telecommunications (telco), and pay television (TV) service providers. Its Cable Edge business sells cable edge solutions and related services to cable operators. The Video segment offers software-based media processing platforms. The products in the video segment include video processing solutions, and video production platforms and playout solutions. The Cabled Edge segment offers products, including edge quadrature amplitude modulation (QAM) products, centralized converged cable access platform (CCAP) Solution and Distributed CCAP Solution.

Industry, Sector and Symbol:
  • Sector: Computer and Technology
  • Industry: Communication Equipment
  • Sub-Industry: Communications Equipment
  • Exchange: NASDAQ
  • Symbol: HLIT
  • CUSIP: 41316010
Key Metrics:
  • Previous Close: $5.45
  • 50 Day Moving Average: $5.24
  • 200 Day Moving Average: $3.75
  • 52-Week Range: $2.51 - $6.13
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 28.68
  • P/E Growth: 4.17
  • Market Cap: $425.26M
  • Outstanding Shares: 78,030,000
  • Beta: 1.32
  • Net Margins: -16.04%
  • Return on Equity: -6.09%
  • Return on Assets: -3.80%
  • Debt-to-Equity Ratio: 0.37%
  • Current Ratio: 1.58%
  • Quick Ratio: 1.32%
Additional Links:
Companies Related to Harmonic:

Analyst Ratings

Consensus Ratings for Harmonic (NASDAQ:HLIT) (?)
Ratings Breakdown: 1 Hold Rating, 2 Buy Ratings
Consensus Rating:Buy (Score: 2.67)
Consensus Price Target: $4.83 (11.31% downside)

Analysts' Ratings History for Harmonic (NASDAQ:HLIT)
DateFirmActionRatingPrice TargetDetails
8/10/2016Jefferies GroupReiterated RatingHold$3.50View Rating Details
8/10/2016Drexel HamiltonUpgradeHold -> Buy$6.00View Rating Details
1/13/2016Northland SecuritiesInitiated CoverageOutperform$5.00View Rating Details
9/10/2015SidotiUpgradeNeutral -> BuyView Rating Details
10/27/2014National Alliance SecuritiesInitiated CoverageHoldView Rating Details
(Data available from 10/22/2014 forward)


Earnings History for Harmonic (NASDAQ:HLIT)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/25/2016$0.02N/AView Earnings Details
5/10/2016Q116($0.03)($0.11)$83.98 million$82.50 millionViewListenView Earnings Details
2/16/2016Q4($0.01)$0.01$83.92 million$86.60 millionViewListenView Earnings Details
7/27/2015Q215$0.04$0.05$103.63 million$103.10 millionViewListenView Earnings Details
4/28/2015Q115$0.04$0.05$239.22 million$104.00 millionViewListenView Earnings Details
1/29/2015Q414$0.03$0.06$102.57 million$107.90 millionViewListenView Earnings Details
10/28/2014Q314$0.04$0.06$108.90 million$108.10 millionViewListenView Earnings Details
7/28/2014Q214$0.04$0.02$115.23 million$109.60 millionViewN/AView Earnings Details
4/22/2014Q1$0.03$0.03$111.72 million$108.00 millionViewListenView Earnings Details
1/28/2014Q413$0.07$0.08$121.14 million$120.20 millionViewListenView Earnings Details
10/28/2013Q313$0.05$0.07$119.24 million$122.92 millionViewListenView Earnings Details
7/23/2013Q2 2013$0.02$0.05$109.28 million$117.10 millionViewListenView Earnings Details
4/23/2013Q1 2013$0.01($0.02)$118.29 million$101.70 millionViewListenView Earnings Details
1/29/2013Q4 2012$0.08$0.09$137.54 million$133.42 millionViewListenView Earnings Details
10/23/2012$0.07$0.07ViewN/AView Earnings Details
7/24/2012$0.07$0.06ViewN/AView Earnings Details
1/31/2012$0.12$0.12ViewN/AView Earnings Details
10/27/2011$0.10$0.11ViewN/AView Earnings Details
7/21/2011$0.11$0.09ViewN/AView Earnings Details
4/28/2011$0.09$0.09ViewN/AView Earnings Details
2/3/2011$0.09$0.11ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for Harmonic (NASDAQ:HLIT)
Current Year EPS Consensus Estimate: $-0.12 EPS
Next Year EPS Consensus Estimate: $0.19 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20162($0.06)($0.06)($0.06)
Q2 20161($0.03)($0.03)($0.03)
Q3 20161($0.02)($0.02)($0.02)
Q4 20161$0.08$0.08$0.08
Q1 20171($0.02)($0.02)($0.02)
Q2 20171$0.01$0.01$0.01
Q3 20171$0.01$0.01$0.01
Q4 20171$0.09$0.09$0.09
(Data provided by Zacks Investment Research)


Dividend History for Harmonic (NASDAQ:HLIT)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading History for Harmonic (NASDAQ:HLIT)
Insider Ownership Percentage: 4.27%
Institutional Ownership Percentage: 94.61%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
3/7/2016Patrick GallagherDirectorBuy5,000$3.24$16,200.00View SEC Filing  
2/18/2016Floyd E KvammeDirectorBuy25,000$3.25$81,250.00View SEC Filing  
12/15/2015Patrick HarshmanCEOBuy10,000$4.29$42,900.00View SEC Filing  
12/11/2015Patrick HarshmanCEOBuy10,000$4.32$43,200.00View SEC Filing  
12/11/2015William F ReddersenDirectorBuy1,828$4.30$7,860.40View SEC Filing  
2/18/2015Nimrod Ben-NatanSVPSell26,250$7.86$206,325.00View SEC Filing  
2/17/2015Patrick GallagherDirectorSell9,717$7.88$76,569.96View SEC Filing  
2/10/2015Carolyn V AverCFOSell48,512$7.75$375,968.00View SEC Filing  
2/10/2015William F ReddersenDirectorSell8,319$7.70$64,056.30View SEC Filing  
2/4/2015Charles BonaseraSVPSell15,662$7.78$121,850.36View SEC Filing  
2/4/2015Neven HaltmayerVPSell156,000$7.68$1,198,080.00View SEC Filing  
2/3/2015Charles BonaseraSVPSell30,197$7.74$233,724.78View SEC Filing  
2/3/2015Neven HaltmayerVPSell30,000$7.74$232,200.00View SEC Filing  
2/2/2015Neven HaltmayerVPSell116,000$7.66$888,560.00View SEC Filing  
12/12/2014Carolyn V AverCFOSell50,000$6.97$348,500.00View SEC Filing  
12/9/2014Harold L CovertDirectorSell35,000$7.00$245,000.00View SEC Filing  
8/1/2014Patrick HarshmanCEOBuy10,000$5.97$59,700.00View SEC Filing  
7/30/2014George StromeyerSVPBuy10,000$5.98$59,800.00View SEC Filing  
6/12/2014Neven HaltmayerVPSell25,750$7.55$194,412.50View SEC Filing  
6/10/2014Charles BonaseraSVPSell14,413$7.68$110,691.84View SEC Filing  
4/24/2014William ReddersenDirectorSell18,662$7.24$135,112.88View SEC Filing  
8/16/2013Charles BonaseraVPSell7,336$7.70$56,487.20View SEC Filing  
8/2/2013Charles BonaseraVPSell12,664$7.81$98,905.84View SEC Filing  
7/25/2013Charles BonaseraVPSell20,000$7.60$152,000.00View SEC Filing  
7/25/2013William F ReddersenDirectorBuy2,070$7.66$15,856.20View SEC Filing  
(Data available from 1/1/2013 forward)


Latest Headlines for Harmonic (NASDAQ:HLIT)
mysmartrend.com logoHarmonic Shares Up 73.0% Since SmarTrend's Buy Recommendation (HLIT) (NASDAQ:HLIT)
www.mysmartrend.com - October 21 at 5:32 PM
News IconCable's Upgrade Moment – Part IV (NASDAQ:HLIT)
www.lightreading.com - October 20 at 10:54 AM
News IconCable's Upgrade Moment – Part III (NASDAQ:HLIT)
www.lightreading.com - October 15 at 10:11 AM
mysmartrend.com logoShares of HLIT Up 75.2% Since Uptrend Call on Shares (NASDAQ:HLIT)
www.mysmartrend.com - October 14 at 8:33 AM
zacks.com logoDOCSIS 3.1: The Next Big Thing in Global Cable TV Industry (NASDAQ:HLIT)
www.zacks.com - October 7 at 10:26 AM
finance.yahoo.com logoComcast Signs Share Warrant Agreement with Harmonic (NASDAQ:HLIT)
finance.yahoo.com - September 30 at 5:40 PM
finance.yahoo.com logoCan The Uptrend Continue for Harmonic (HLIT)? (NASDAQ:HLIT)
finance.yahoo.com - September 30 at 5:40 PM
News IconHarmonic's New Comcast Deal Oozes Subtext (NASDAQ:HLIT)
www.lightreading.com - September 29 at 5:20 PM
capitalcube.com logoETF’s with exposure to Harmonic, Inc. : September 29, 2016 (NASDAQ:HLIT)
www.capitalcube.com - September 29 at 10:30 AM
baystreet.ca logoHarmonic (HLIT) Leaps on Comcast Deal (NASDAQ:HLIT)
www.baystreet.ca - September 28 at 5:16 PM
mysmartrend.com logo74.9% Return Seen to Date on SmarTrend Harmonic Call (HLIT) (NASDAQ:HLIT)
www.mysmartrend.com - September 28 at 5:16 PM
finance.yahoo.com logoWhy Harmonic, Inc. Shares Popped Today (NASDAQ:HLIT)
finance.yahoo.com - September 28 at 5:16 PM
biz.yahoo.com logoCrown Holdings Inc Earnings Call scheduled for 9:00 am ET today (NASDAQ:HLIT)
biz.yahoo.com - September 28 at 10:19 AM
biz.yahoo.com logoHARMONIC INC Files SEC form 8-K, Entry into a Material Definitive Agreement (NASDAQ:HLIT)
biz.yahoo.com - September 27 at 5:26 PM
publicnow.com logoHarmonic Announces Warrant Agreement With Comcast (NASDAQ:HLIT)
www.publicnow.com - September 27 at 5:26 PM
marketwatch.com logoHarmonic reaches warrant deal with Comcast (NASDAQ:HLIT)
www.marketwatch.com - September 27 at 5:26 PM
wsj.com logo[$$] Comcast Agrees to Buy Harmonic Shares (NASDAQ:HLIT)
www.wsj.com - September 27 at 5:26 PM
publicnow.com logoHarmonic Transforms Cable Access Market With Industry's First Software-Based CCAP Solution (NASDAQ:HLIT)
www.publicnow.com - September 27 at 10:02 AM
finance.yahoo.com logoHarmonic VOS(TM) 360 Cloud Service Receives Prestigious IABM Design & Innovation Award at IBC2016 (NASDAQ:HLIT)
finance.yahoo.com - September 21 at 9:38 AM
capitalcube.com logoETF’s with exposure to Harmonic, Inc. : September 16, 2016 (NASDAQ:HLIT)
www.capitalcube.com - September 16 at 5:17 PM
mysmartrend.com logoShares of HLIT Up 59.0% Since Uptrend Call on Shares (NASDAQ:HLIT)
www.mysmartrend.com - September 14 at 9:41 AM
finance.yahoo.com logoMoving Average Crossover Alert: Harmonic (HLIT) (NASDAQ:HLIT)
finance.yahoo.com - September 14 at 9:41 AM
seekingalpha.com logoBuy Harmonic: Current Quarter Estimates Support Recent Bullish Momentum (NASDAQ:HLIT)
seekingalpha.com - September 10 at 4:59 PM
publicnow.com logoHarmonic Delivers Ground-Breaking Compression Improvements for OTT With EyeQ(TM) (NASDAQ:HLIT)
www.publicnow.com - September 8 at 9:21 AM
zacks.com logoSurging Earnings Estimates Signal Good News for Harmonic (HLIT) (NASDAQ:HLIT)
www.zacks.com - September 7 at 8:52 AM
finance.yahoo.com logoNASA and Harmonic Offer Spectacular 360-Degree Astronaut Training Virtual Reality Experience (NASDAQ:HLIT)
finance.yahoo.com - September 7 at 8:52 AM
finance.yahoo.com logoHarmonic Expands VOS(TM) Offerings, Driving Momentum Toward Cloud-Native Infrastructure (NASDAQ:HLIT)
finance.yahoo.com - September 1 at 8:24 AM
finance.yahoo.com logoHarmonic Announces Participation at the Drexel Hamilton Telecom Media & Technology Conference (NASDAQ:HLIT)
finance.yahoo.com - August 30 at 8:39 AM
capitalcube.com logoETF’s with exposure to Harmonic, Inc. : August 24, 2016 (NASDAQ:HLIT)
www.capitalcube.com - August 24 at 5:19 PM
publicnow.com logoHarmonic to Showcase First Public Virtual Reality Demo With Native UHD Resolution at IBC2016 (NASDAQ:HLIT)
www.publicnow.com - August 23 at 9:50 AM
capitalcube.com logoETF’s with exposure to Harmonic, Inc. : August 12, 2016 (NASDAQ:HLIT)
www.capitalcube.com - August 12 at 5:30 PM
capitalcube.com logoHarmonic, Inc. :HLIT-US: Earnings Analysis: Q2, 2016 By the Numbers : August 11, 2016 (NASDAQ:HLIT)
www.capitalcube.com - August 11 at 5:40 PM
cnbc.com logoHarmonic reports 2Q loss (NASDAQ:HLIT)
www.cnbc.com - August 10 at 5:44 PM
rttnews.com logoEARNINGS SUMMARY: Details of Harmonic Inc Q2 Earnings Report (NASDAQ:HLIT)
www.rttnews.com - August 10 at 5:44 PM
fool.com logoWhy Shares of Harmonic Inc. Soared Today (NASDAQ:HLIT)
www.fool.com - August 10 at 1:52 PM
finance.yahoo.com logoHarmonic upgraded by Drexel Hamilton (NASDAQ:HLIT)
finance.yahoo.com - August 10 at 12:49 PM
biz.yahoo.com logoHarmonic Inc Earnings Call scheduled for 5:00 pm ET today (NASDAQ:HLIT)
biz.yahoo.com - August 9 at 9:49 PM
finance.yahoo.com logoHarmonic Announces Second Quarter 2016 Results (NASDAQ:HLIT)
finance.yahoo.com - August 9 at 4:15 PM
biz.yahoo.com logoQ2 2016 Harmonic Inc Earnings Release - After Market Close (NASDAQ:HLIT)
biz.yahoo.com - August 9 at 8:25 AM
publicnow.com logoHarmonic Announces Second Quarter 2016 Reporting Date (NASDAQ:HLIT)
www.publicnow.com - July 26 at 7:28 AM
capitalcube.com logoETF’s with exposure to Harmonic, Inc. : July 20, 2016 (NASDAQ:HLIT)
www.capitalcube.com - July 20 at 12:32 PM
capitalcube.com logoETF’s with exposure to Harmonic, Inc. : July 6, 2016 (NASDAQ:HLIT)
www.capitalcube.com - July 6 at 2:28 PM
4-traders.com logoHarmonic : Powers WRAL-TV's ATSC 3.0 Experimental TV Station (NASDAQ:HLIT)
www.4-traders.com - July 1 at 5:26 PM
publicnow.com logoHarmonic Powers WRAL-TV's ATSC 3.0 Experimental TV Station (NASDAQ:HLIT)
www.publicnow.com - June 29 at 4:41 PM
finance.yahoo.com logoHarmonic Powers Live TV and VOD OTT Services for Finnish Telco DNA (NASDAQ:HLIT)
finance.yahoo.com - June 22 at 8:00 AM
capitalcube.com logoETF’s with exposure to Harmonic, Inc. : June 20, 2016 (NASDAQ:HLIT)
www.capitalcube.com - June 20 at 2:33 PM
4-traders.com logoHarmonic : France Televisions Enhances Channel Playout With Integrated Technology From Harmonic and LORA Solutions (NASDAQ:HLIT)
www.4-traders.com - June 14 at 10:13 AM
publicnow.com logoFrance Televisions Enhances Channel Playout With Integrated Technology From Harmonic and LORA Solutions (NASDAQ:HLIT)
www.publicnow.com - June 14 at 3:29 AM
biz.yahoo.com logoHARMONIC INC Files SEC form 8-K, Submission of Matters to a Vote of Security Holders (NASDAQ:HLIT)
biz.yahoo.com - June 10 at 4:04 PM
publicnow.com logoVietnam's Largest Broadcaster Builds OTT Service Offering on Harmonic Video Delivery Infrastructure (NASDAQ:HLIT)
www.publicnow.com - May 31 at 8:22 AM


Harmonic (NASDAQ:HLIT) Chart for Saturday, October, 22, 2016

Last Updated on 10/22/2016 by MarketBeat.com Staff