S&P 500   4,532.76
DOW   35,028.65
QQQ   366.48
S&P 500   4,532.76
DOW   35,028.65
QQQ   366.48
S&P 500   4,532.76
DOW   35,028.65
QQQ   366.48
S&P 500   4,532.76
DOW   35,028.65
QQQ   366.48
NASDAQ:HLIT

Harmonic Stock Forecast, Price & News

$10.77
-0.07 (-0.65%)
(As of 01/19/2022 12:00 AM ET)
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Today's Range
$10.73
$10.97
50-Day Range
$10.53
$12.17
52-Week Range
$6.69
$12.22
Volume
423,941 shs
Average Volume
650,962 shs
Market Capitalization
$1.10 billion
P/E Ratio
179.53
Dividend Yield
N/A
Beta
0.8
30 days | 90 days | 365 days | Advanced Chart
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Harmonic logo

About Harmonic

Harmonic, Inc. engages in the development and sale of video delivery software, products, system solutions, and services. It operates through the Video and Cable Access segments. The Video segment sells video processing and production and playout services to cable operators, satellite and telecommunications pay-TV service providers, and broadcast and media companies. The Cable Access segment offers solutions to cable operators. The company was founded in June 1988 and is headquartered in San Jose, CA.

Headlines

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Industry, Sector and Symbol

Industry
Radio & t.v. communications equipment
Sub-Industry
Communications Equipment
Current Symbol
NASDAQ:HLIT
CUSIP
41316010
Employees
1,169
Year Founded
N/A

Sales & Book Value

Annual Sales
$378.83 million
Cash Flow
$0.13 per share
Book Value
$2.64 per share

Profitability

Net Income
$-29.27 million
Pretax Margin
2.04%

Debt

Price-To-Earnings

Miscellaneous

Free Float
98,691,000
Market Cap
$1.10 billion
Optionable
Optionable

Company Calendar

Last Earnings
10/31/2021
Today
1/20/2022
Next Earnings (Estimated)
2/07/2022
Fiscal Year End
12/31/2022

Social Links


MarketRank

Overall MarketRank

2.17 out of 5 stars

Computer And Technology Sector

370th out of 896 stocks

Radio & T.V. Communications Equipment Industry

15th out of 35 stocks

Analyst Opinion: 2.5Community Rank: 4.0Dividend Strength: 0.0Insider Behavior: 2.5Valuation: 1.9 5 -4 -3 -2 -1 -












Harmonic (NASDAQ:HLIT) Frequently Asked Questions

Is Harmonic a buy right now?

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Harmonic in the last twelve months. There are currently 1 hold rating, 4 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Harmonic stock.
View analyst ratings for Harmonic
or view top-rated stocks.

How has Harmonic's stock price been impacted by COVID-19 (Coronavirus)?

Harmonic's stock was trading at $5.53 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, HLIT stock has increased by 94.8% and is now trading at $10.77.
View which stocks have been most impacted by COVID-19
.

When is Harmonic's next earnings date?

Harmonic is scheduled to release its next quarterly earnings announcement on Monday, February 7th 2022.
View our earnings forecast for Harmonic
.

How were Harmonic's earnings last quarter?

Harmonic Inc. (NASDAQ:HLIT) released its quarterly earnings data on Sunday, October, 31st. The communications equipment provider reported $0.09 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.03 by $0.06. The communications equipment provider had revenue of $126.32 million for the quarter, compared to the consensus estimate of $118.62 million. Harmonic had a trailing twelve-month return on equity of 6.82% and a net margin of 1.42%. Harmonic's quarterly revenue was up 33.1% compared to the same quarter last year. During the same period last year, the firm posted ($0.02) earnings per share.
View Harmonic's earnings history
.

What guidance has Harmonic issued on next quarter's earnings?

Harmonic updated its FY 2021 earnings guidance on Monday, November, 8th. The company provided earnings per share (EPS) guidance of $0.280-$0.320 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.260. The company issued revenue guidance of $499 million-$509 million, compared to the consensus revenue estimate of $484.47 million.

What price target have analysts set for HLIT?

6 Wall Street analysts have issued 1-year price objectives for Harmonic's stock. Their forecasts range from $9.00 to $17.00. On average, they expect Harmonic's share price to reach $12.17 in the next twelve months. This suggests a possible upside of 13.0% from the stock's current price.
View analysts' price targets for Harmonic
or view top-rated stocks among Wall Street analysts.

Who are Harmonic's key executives?

Harmonic's management team includes the following people:

What is Patrick J. Harshman's approval rating as Harmonic's CEO?

77 employees have rated Harmonic CEO Patrick J. Harshman on Glassdoor.com. Patrick J. Harshman has an approval rating of 46% among Harmonic's employees. This puts Patrick J. Harshman in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Harmonic own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Harmonic investors own include Coty (COTY), Intelsat (I), Advanced Micro Devices (AMD), Energy Transfer (ET), Zynga (ZNGA), American Eagle Outfitters (AEO), Cloudera (CLDR), Designer Brands (DBI), Square (SQ) and Twitter (TWTR).

What is Harmonic's stock symbol?

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

Who are Harmonic's major shareholders?

Harmonic's stock is owned by many different institutional and retail investors. Top institutional investors include M&G Investment Management Ltd. (0.15%), State of Alaska Department of Revenue (0.07%), Crossmark Global Holdings Inc. (0.01%) and Cutler Group LP (0.00%). Company insiders that own Harmonic stock include David Krall, Ian Graham, Neven Haltmayer, Nimrod Ben-Natan, Patrick Harshman and Sanjay Kalra.
View institutional ownership trends for Harmonic
.

Which institutional investors are selling Harmonic stock?

HLIT stock was sold by a variety of institutional investors in the last quarter, including Crossmark Global Holdings Inc., and State of Alaska Department of Revenue. Company insiders that have sold Harmonic company stock in the last year include Ian Graham, Neven Haltmayer, Nimrod Ben-Natan, Patrick Harshman, and Sanjay Kalra.
View insider buying and selling activity for Harmonic
or view top insider-selling stocks.

Which institutional investors are buying Harmonic stock?

HLIT stock was acquired by a variety of institutional investors in the last quarter, including M&G Investment Management Ltd., and Cutler Group LP.
View insider buying and selling activity for Harmonic
or or view top insider-buying stocks.

How do I buy shares of Harmonic?

Shares of HLIT can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Harmonic's stock price today?

One share of HLIT stock can currently be purchased for approximately $10.77.

How much money does Harmonic make?

Harmonic has a market capitalization of $1.10 billion and generates $378.83 million in revenue each year. The communications equipment provider earns $-29.27 million in net income (profit) each year or $0.06 on an earnings per share basis.

How many employees does Harmonic have?

Harmonic employs 1,169 workers across the globe.

What is Harmonic's official website?

The official website for Harmonic is www.harmonicinc.com.

Where are Harmonic's headquarters?

Harmonic is headquartered at 4300 NORTH FIRST STREET, SAN JOSE CA, 95134.

How can I contact Harmonic?

Harmonic's mailing address is 4300 NORTH FIRST STREET, SAN JOSE CA, 95134. The communications equipment provider can be reached via phone at (408) 542-2500, via email at [email protected], or via fax at 408-542-2511.


This page was last updated on 1/20/2022 by MarketBeat.com Staff

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