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: $5.26
  • 200 Day Moving Average: $5.01
  • 52-Week Range: $2.51 - $6.13
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 18.79
  • P/E Growth: -2.60
  • Market Cap: $426.99M
  • Outstanding Shares: 78,347,000
  • Beta: 0.97
Profitability:
  • Net Margins: -18.23%
  • Return on Equity: -6.80%
  • Return on Assets: -3.68%
Debt:
  • Debt-to-Equity Ratio: 0.42%
  • Current Ratio: 1.58%
  • Quick Ratio: 1.33%
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: $5.67 (3.98% upside)

Analysts' Ratings History for Harmonic (NASDAQ:HLIT)
Show:
DateFirmActionRatingPrice TargetDetails
12/6/2016Dougherty & CoInitiated CoverageBuy$7.00View Rating Details
11/14/2016Jefferies Group LLCReiterated RatingHold$3.50 -> $4.00View Rating Details
11/10/2016Drexel HamiltonReiterated RatingBuy$6.00View Rating Details
1/13/2016Northland SecuritiesInitiated CoverageOutperform$5.00View Rating Details
9/10/2015SidotiUpgradeNeutral -> BuyView Rating Details
(Data available from 2/24/2015 forward)

Earnings

Earnings History for Harmonic (NASDAQ:HLIT)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
2/28/2017Q416$0.06$108.10 millionListenView Earnings Details
11/9/2016Q316$0.03($0.01)$107.24 million$101.40 millionViewListenView 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)

Estimates

Earnings Estimates for Harmonic (NASDAQ:HLIT)
Current Year EPS Consensus Estimate: $-0.06 EPS
Next Year EPS Consensus Estimate: $0.29 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)

Dividends

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: 96.88%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
11/15/2016Nikos TheodosopoulosDirectorBuy25,000$4.75$118,750.00View SEC Filing  
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)

Headlines

Latest Headlines for Harmonic (NASDAQ:HLIT)
DateHeadline
News IconLevels in Focus on Shares of Harmonic Inc. (NASDAQ:HLIT) - Midway Monitor (NASDAQ:HLIT)
midwaymonitor.com - February 24 at 6:57 PM
News IconHarmonic Inc. (HLIT): An Examination Of The Chart For Today's Session - NY Stock News (NASDAQ:HLIT)
nystocknews.com - February 24 at 6:57 PM
News IconMarket Review: Indicator Watch for Harmonic Inc (HLIT) - Davidson Register (NASDAQ:HLIT)
davidsonregister.com - February 24 at 10:38 AM
News IconMarket Desk: Share Update for Harmonic Inc. (NASDAQ:HLIT) - Sherwood Daily (NASDAQ:HLIT)
sherwooddaily.com - February 23 at 5:42 PM
News IconStock Tracker: Earnings & Estimates for Harmonic Inc. (NASDAQ:HLIT) - Aiken Advocate (NASDAQ:HLIT)
aikenadvocate.com - February 23 at 5:42 PM
News IconChecking the Chart on Shares of Harmonic Inc (HLIT) - Baxter Review (NASDAQ:HLIT)
baxternewsreview.com - February 23 at 5:42 PM
News IconWhat are the Technical Charts Saying About Harmonic Inc (HLIT) - Rives Journal (NASDAQ:HLIT)
rivesjournal.com - February 22 at 5:50 PM
News IconSuperSoccer Selects Harmonic’s VOS™ 360 SaaS Cloud Solution for Professional Soccer League Live Streaming (NASDAQ:HLIT)
www.harmonicinc.com - February 22 at 12:51 PM
finance.yahoo.com logoSuperSoccer Selects Harmonic's VOS™ 360 SaaS Cloud Solution for Professional Soccer League Live Streaming (NASDAQ:HLIT)
finance.yahoo.com - February 22 at 12:51 PM
News IconStock in Review: Harmonic Inc. (NASDAQ:HLIT) - Piedmont Register (NASDAQ:HLIT)
piedmontregister.com - February 18 at 6:19 AM
News IconEye on Technicals Harmonic Inc. (HLIT) - Benton Bulletin (NASDAQ:HLIT)
bentonbulletin.com - February 18 at 6:19 AM
News IconConsensus Price Of Harmonic Inc. (NASDAQ:HLIT) Set At $6 - Transcript Daily (NASDAQ:HLIT)
transcriptdaily.com - February 17 at 3:20 PM
News IconEarnings Take Center Stage; Analysts Weighing in on Harmonic Inc. (NASDAQ:HLIT) - Aiken Advocate (NASDAQ:HLIT)
aikenadvocate.com - February 16 at 5:35 PM
News IconImpact of Brokerage Rating on Harmonic Inc.(HLIT) - Morning Outlook (NASDAQ:HLIT)
www.morningoutlook.com - February 16 at 5:35 PM
News IconStock Momentum in Focus on Shares of Harmonic Inc. (HLIT) - BVN (NASDAQ:HLIT)
bvnewsjournal.com - February 15 at 5:04 AM
News IconMoody Stock Sees Increased Volatility Levels in Session: Harmonic Inc. (NASDAQ:HLIT) - Aiken Advocate (NASDAQ:HLIT)
aikenadvocate.com - February 10 at 11:26 PM
News IconCompany Shares in Review: Harmonic Inc. (NASDAQ:HLIT) - Benton Bulletin (NASDAQ:HLIT)
bentonbulletin.com - February 10 at 11:26 PM
News IconStock Slipping in Morning Trade: Harmonic Inc. (NASDAQ:HLIT) - Aiken Advocate (NASDAQ:HLIT)
aikenadvocate.com - February 10 at 6:24 PM
News IconNarrowing in on Trading Indicators for Harmonic Inc. (HLIT) - Sherwood Daily (NASDAQ:HLIT)
sherwooddaily.com - February 10 at 6:24 PM
News IconHarmonic Inc. (NASDAQ:HLIT) Target Price At $6 - Transcript Daily (NASDAQ:HLIT)
transcriptdaily.com - February 10 at 6:24 PM
News IconHarmonic Inc. (NASDAQ:HLIT) Bearish Target At $7 - Stock Observer (NASDAQ:HLIT)
www.thestockobserver.com - February 7 at 6:57 PM
finance.yahoo.com logoHarmonic Announces Fourth Quarter and Full Year 2016 Reporting Date (NASDAQ:HLIT)
finance.yahoo.com - February 7 at 6:57 PM
realistinvestor.com logoDeferred Tax Assets Of Harmonic Inc. (NASDAQ:HLIT) At $3.375 Millions - RealistInvestor.com (NASDAQ:HLIT)
www.realistinvestor.com - February 5 at 5:27 PM
finance.yahoo.com logoHarmonic and Mirantis Bring Cloud-Native Media Processing to OpenStack (NASDAQ:HLIT)
finance.yahoo.com - February 1 at 6:24 PM
capitalcube.com logoHarmonic, Inc. breached its 50 day moving average in a Bearish Manner : HLIT-US : January 31, 2017 (NASDAQ:HLIT)
www.capitalcube.com - January 31 at 6:25 PM
News IconInvestor Monitor: Narrowing in on Harmonic Inc. (NASDAQ:HLIT) - The Tribune (NASDAQ:HLIT)
lakecitytribune.com - January 28 at 5:49 PM
News IconTrading Spotlight: Zooming in on Shares of Harmonic Inc. (HLIT) - Sherwood Daily (NASDAQ:HLIT)
sherwooddaily.com - January 26 at 7:16 PM
realistinvestor.com logoQuarterly Deferred Tax Assets Of Harmonic Inc. (NASDAQ:HLIT) At $3.375 Millions - RealistInvestor.com (NASDAQ:HLIT)
www.realistinvestor.com - January 23 at 9:09 PM
News IconHarmonic Inc. (NASDAQ:HLIT) Bearish Target At $7 | Stock Observer - Stock Observer (NASDAQ:HLIT)
www.thestockobserver.com - January 23 at 9:09 PM
News IconTrading Scope: Indicator Review for Harmonic Inc. (HLIT) - Sherwood Daily (NASDAQ:HLIT)
sherwooddaily.com - January 19 at 7:27 PM
News IconHarmonic Inc. (NASDAQ:HLIT) Under Analyst Spotlight - UK Market ... - UK Market News (NASDAQ:HLIT)
www.ukmarketnews.co.uk - January 19 at 7:27 PM
News IconAmplified Volatility Spotted in Shares of Harmonic Inc. (NASDAQ:HLIT) - Wall Street Beacon (NASDAQ:HLIT)
wsbeacon.com - January 19 at 7:27 PM
finance.yahoo.com logoHarmonic's New ProStream® X Stream Processor Combines Breakthrough Encryption and Gateway Capabilities to Streamline Video Delivery (NASDAQ:HLIT)
finance.yahoo.com - January 19 at 7:27 PM
capitalcube.com logoETFs with exposure to Harmonic, Inc. : January 19, 2017 (NASDAQ:HLIT)
www.capitalcube.com - January 19 at 7:27 PM
News IconTrump says plans for "insurance for everybody" are in the works (NASDAQ:HLIT)
avauncer.com - January 18 at 11:13 PM
News IconPrice Target Of Harmonic Inc. (NASDAQ:HLIT) Agreed At $6 - Transcript Daily (NASDAQ:HLIT)
transcriptdaily.com - January 17 at 3:42 PM
realistinvestor.com logoHarmonic Inc. (NASDAQ:HLIT) Mean Rating At $2.4 - RealistInvestor.com (NASDAQ:HLIT)
www.realistinvestor.com - January 16 at 9:06 AM
istreetwire.com logoMomentum Stocks in Focus: WisdomTree Investments, Inc. (WETF), Harmonic Inc. (HLIT), Applied Optoelectronics, Inc ... - iStreetWire (NASDAQ:HLIT)
istreetwire.com - January 16 at 9:06 AM
News IconHarmonic Inc. (NASDAQ:HLIT) Daily Sentiment Score At 0.293 - Stock Observer (NASDAQ:HLIT)
www.thestockobserver.com - January 14 at 5:43 PM
News IconHarmonic Inc. (NASDAQ:HLIT) EPS Estimated At $0.09 - Transcript Daily (NASDAQ:HLIT)
transcriptdaily.com - January 14 at 5:43 PM
News IconHarmonic Inc. (NASDAQ:HLIT) Quarterly EPS Set At $0.09 - Stock Observer (NASDAQ:HLIT)
www.thestockobserver.com - January 13 at 4:13 AM
finance.yahoo.com logoHarmonic Appoints Tom Lookabaugh to Board of Directors (NASDAQ:HLIT)
finance.yahoo.com - January 11 at 6:18 PM
biz.yahoo.com logoHARMONIC INC Files SEC form 8-K, Amendments to Articles of Inc. or Bylaws; Change in Fiscal Year, Financial Statement (NASDAQ:HLIT)
biz.yahoo.com - January 11 at 6:18 PM
capitalcube.com logoHarmonic, Inc. – Value Analysis (NASDAQ:HLIT) : January 10, 2017 (NASDAQ:HLIT)
www.capitalcube.com - January 10 at 6:35 PM
capitalcube.com logoHarmonic, Inc. breached its 50 day moving average in a Bearish Manner : HLIT-US : January 9, 2017 (NASDAQ:HLIT)
www.capitalcube.com - January 9 at 6:24 PM
News IconDaily Sentiment Score Of Harmonic Inc. (NASDAQ:HLIT) At 0.046 - Stock Observer (NASDAQ:HLIT)
www.thestockobserver.com - January 8 at 5:34 AM
finance.yahoo.com logoHarmonic Announces Participation at the 19th Annual Needham Growth Conference (NASDAQ:HLIT)
finance.yahoo.com - January 5 at 6:43 PM
News IconMean Price Target Of Harmonic Inc. (NASDAQ:HLIT) At $6 - Transcript Daily (NASDAQ:HLIT)
transcriptdaily.com - January 4 at 3:16 PM
News IconDaily Sentiment Score Of Harmonic Inc. (NASDAQ:HLIT) At 0.268 - Stock Observer (NASDAQ:HLIT)
www.thestockobserver.com - December 31 at 5:38 PM
News IconTarget Price Of Harmonic Inc. (NASDAQ:HLIT) At $6 - Transcript Daily (NASDAQ:HLIT)
transcriptdaily.com - December 30 at 11:07 PM

Social

What is Harmonic's stock symbol?

Harmonic trades on the NASDAQ under the ticker symbol "HLIT."

Where is Harmonic's stock going? Where will Harmonic's stock price be in 2017?

3 equities research analysts have issued 1 year price targets for Harmonic's shares. Their forecasts range from $4.00 to $7.00. On average, they anticipate Harmonic's stock price to reach $5.67 in the next year.

When will Harmonic announce their earnings?

Harmonic is scheduled to release their next quarterly earnings announcement on Tuesday, February, 28th 2017.

Who owns Harmonic stock?

Harmonic's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Dimensional Fund Advisors LP (8.43%), Pinnacle Associates Ltd. (5.61%), State Street Corp (2.29%), Royce & Associates LP (1.56%), Renaissance Technologies LLC (1.26%) and Systematic Financial Management LP (1.16%). Company insiders that own Harmonic stock include Floyd E Kvamme, Nikos Theodosopoulos, Patrick Gallagher, Patrick Harshman and William F Reddersen.

Who sold Harmonic stock? Who is selling Harmonic stock?

Harmonic's stock was sold by a variety of institutional investors in the last quarter, including Royce & Associates LP, Pinnacle Associates Ltd., Renaissance Technologies LLC, Two Sigma Investments LP, Menta Capital LLC, Dimensional Fund Advisors LP, New York State Teachers Retirement System and Raymond James Financial Services Advisors Inc..

Who bought Harmonic stock? Who is buying Harmonic stock?

Harmonic's stock was acquired by a variety of institutional investors in the last quarter, including Kettle Hill Capital Management LLC, Russell Investments Group Ltd., Systematic Financial Management LP, State Street Corp, FNY Partners Fund LP, Comerica Bank, Thrivent Financial for Lutherans and Metropolitan Life Insurance Co. NY. Company insiders that have bought Harmonic stock in the last two years include Floyd E Kvamme, Nikos Theodosopoulos, Patrick Gallagher, Patrick Harshman and William F Reddersen.

How do I buy Harmonic stock?

Shares of Harmonic can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Harmonic stock cost?

One share of Harmonic stock can currently be purchased for approximately $5.45.

Harmonic (NASDAQ:HLIT) Chart for Friday, February, 24, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Harmonic (NASDAQ:HLIT)

Earnings History Chart

Earnings by Quarter for Harmonic (NASDAQ:HLIT)

Dividend History Chart

Dividend Payments by Quarter for Harmonic (NASDAQ:HLIT)

Last Updated on 2/24/2017 by MarketBeat.com Staff