Harman International Industries Company Profile (NYSE:HAR)

About Harman International Industries (HAR)

Harman International Industries logoHarman International Industries, Incorporated is engaged in the designing and engineering of connected products and solutions for automakers, consumers and enterprises, including connected car systems, audio and visual products, enterprise automation solutions and connected services. The Company's segments include Connected Car, Lifestyle Audio, Professional Solutions, Connected Services and Other. The Connected Car segment designs, manufactures and markets connected car systems for vehicle applications. The Lifestyle Audio segment designs, manufactures and markets car audio systems. The Professional Solutions segment designs, manufactures and markets a range of audio, lighting, video and control, and automation solutions for entertainment and enterprise applications The Connected Services segment includes the operations of Symphony Teleca Corporation, Red Bend Ltd. and its automotive services businesses. Its brands include AKG, AMX, Crown, Infinity, JBL, Revel, Soundcraft and Studer.

Industry, Sector and Symbol:
  • Sector: Consumer Discretionary
  • Industry: Electronic Equipment
  • Sub-Industry: Consumer Electronics
  • Exchange: NYSE
  • Symbol: HAR
  • CUSIP: 41308610
Key Metrics:
  • Previous Close: $111.50
  • 50 Day Moving Average: $111.21
  • 200 Day Moving Average: $98.88
  • 52-Week Range: $64.93 - $111.85
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 14.77
  • P/E Growth: 0.00
  • Market Cap: $N/A
  • Beta: 1.64
  • Net Margins: 5.05%
  • Return on Equity: 20.15%
  • Return on Assets: 8.29%
  • Debt-to-Equity Ratio: 0.50%
  • Current Ratio: 1.62%
  • Quick Ratio: 1.22%

Analyst Ratings

Consensus Ratings for Harman International Industries (NYSE:HAR) (?)
Ratings Breakdown: 10 Hold Ratings, 1 Buy Rating
Consensus Rating:Hold (Score: 2.09)
Consensus Price Target: $97.73 (12.35% downside)

Analysts' Ratings History for Harman International Industries (NYSE:HAR)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
2/22/2017Raymond James Financial, Inc.DowngradeOutperform -> Market PerformN/AView Rating Details
12/9/2016Wells Fargo & CoDowngradeOutperform -> Market PerformN/AView Rating Details
12/1/2016Goldman Sachs Group IncDowngradeBuy -> NeutralN/AView Rating Details
11/15/2016Northcoast ResearchDowngradeBuy -> NeutralN/AView Rating Details
11/16/2016Deutsche Bank AGDowngradeBuy -> Hold$103.00 -> $112.00N/AView Rating Details
11/15/2016Barclays PLCDowngradeOverweight -> Equal Weight$104.00 -> $111.00N/AView Rating Details
8/6/2016Piper Jaffray CompaniesSet Price TargetHold$84.00 -> $88.00N/AView Rating Details
8/5/2016Pacific CrestReiterated RatingHoldN/AView Rating Details
8/5/2016JPMorgan Chase & Co.Boost Price TargetOverweight$102.00 -> $108.00N/AView Rating Details
8/5/2016FBR & CoBoost Price TargetMkt Perform$85.00 -> $90.00N/AView Rating Details
8/5/2016Robert W. BairdDowngradeOutperform -> Neutral$87.00N/AView Rating Details
6/29/2016Royal Bank of CanadaDowngradeOutperform -> Sector Perform$85.00 -> $73.00N/AView Rating Details
3/14/2016Evercore ISIUpgradeHold -> Buy$135.00 -> $115.00N/AView Rating Details
12/22/2015Susquehanna Bancshares IncInitiated CoverageNeutral$102.00N/AView Rating Details
12/3/2015Morgan StanleyReiterated RatingUnderweight$55.00N/AView Rating Details
11/13/2015William BlairInitiated CoverageOutperformN/AView Rating Details
10/7/2015Jefferies Group LLCInitiated CoverageUnderperform$90.00N/AView Rating Details
(Data available from 4/27/2015 forward)


Earnings History for Harman International Industries (NYSE:HAR)
Earnings by Quarter for Harman International Industries (NYSE:HAR)
Earnings History by Quarter for Harman International Industries (NYSE:HAR)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
1/26/2017Q2 2017$1.85$2.22$1.91 billion$1.95 billionViewN/AView Earnings Details
11/3/2016Q117$1.53$1.87$1.73 billion$1.76 billionViewN/AView Earnings Details
8/4/2016Q416$1.52$1.57$1.78 billion$1.90 billionViewN/AView Earnings Details
4/28/2016Q316$1.44$1.36$1.69 billion$1.60 billionViewListenView Earnings Details
1/28/2016Q216$1.72$1.84$1.79 billion$1.80 billionViewListenView Earnings Details
10/29/2015Q116$1.40$1.48$1.61 billion$1.63 billionViewListenView Earnings Details
8/4/2015Q415$1.32$1.37$1.56 billion$1.70 billionViewN/AView Earnings Details
4/30/2015Q315$1.28$1.22$1.48 billion$1.46 billionViewN/AView Earnings Details
1/29/2015Q215$1.29$1.79$1.49 billion$1.58 billionViewN/AView Earnings Details
10/30/2014Q115$1.11$1.31$1.36 billion$1.43 billionViewN/AView Earnings Details
8/7/2014Q414$1.22$1.25$1.39 billion$1.44 billionViewN/AView Earnings Details
5/1/2014Q314$1.00$1.12$1.27 billion$1.40 billionViewN/AView Earnings Details
1/31/2014Q214$0.95$1.09$1.24 billion$1.33 billionViewN/AView Earnings Details
10/31/2013Q114$0.85$0.95$1.11 billion$1.17 billionViewN/AView Earnings Details
8/6/2013Q4 2013$0.86$0.91$1.14 billion$1.18 billionViewN/AView Earnings Details
5/2/2013Q3 2013$0.61$0.79$1.07 billion$1.06 billionViewN/AView Earnings Details
1/31/2013Q2 2013$0.88$0.83$1.06 billion$1.06 billionViewN/AView Earnings Details
11/2/2012Q113$0.78$0.79$1.08 billion$998.00 millionViewN/AView Earnings Details
8/10/2012$0.66$0.67ViewN/AView Earnings Details
4/30/2012$0.67$0.67ViewN/AView Earnings Details
2/7/2012$0.76$0.83ViewN/AView Earnings Details
10/21/2011$0.49$0.69ViewN/AView Earnings Details
4/28/2011$0.46$0.60ViewN/AView Earnings Details
2/3/2011$0.52$0.79ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for Harman International Industries (NYSE:HAR)
2017 EPS Consensus Estimate: $6.79
2018 EPS Consensus Estimate: $7.47
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20173$1.53$1.56$1.55
Q2 20173$1.79$1.90$1.84
Q3 20173$1.50$1.64$1.56
Q4 20173$1.80$1.89$1.85
Q1 20181$1.77$1.77$1.77
Q2 20181$1.89$1.89$1.89
Q3 20181$1.79$1.79$1.79
Q4 20181$2.02$2.02$2.02
(Data provided by Zacks Investment Research)


Current Dividend Information for Harman International Industries (NYSE:HAR)
Most Recent Dividend:2/22/2017
Annual Dividend:$1.40
Dividend Yield:1.26%
Dividend Growth:15.90% (3 Year Average)
Payout Ratio:27.61% (Trailing 12 Months of Earnings)
19.05% (Based on This Year's Estimates)
18.54% (Based on Next Year's Estimates)
Track Record:6 Years of Consecutive Dividend Growth
Dividend Payments by Quarter for Harman International Industries (NYSE:HAR)

Dividend History by Quarter for Harman International Industries (NYSE:HAR)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Harman International Industries (NYSE:HAR)
Insider Ownership Percentage: 0.94%
Institutional Ownership Percentage: 85.79%
Insider Trades by Quarter for Harman International Industries (NYSE:HAR)
Institutional Ownership by Quarter for Harman International Industries (NYSE:HAR)
Insider Trades by Quarter for Harman International Industries (NYSE:HAR)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
1/30/2017Herbert K ParkerEVPSell8,744$111.03$970,846.32View SEC Filing  
11/14/2016Phillip EylerEVPSell2,628$109.89$288,790.92View SEC Filing  
11/14/2016Ralph SantanaInsiderSell1,912$110.00$210,320.00View SEC Filing  
10/31/2016Herbert K ParkerEVPSell8,744$79.48$694,973.12View SEC Filing  
9/19/2016Michael MauserEVPSell886$82.23$72,855.78View SEC Filing  
9/15/2016Michael MauserEVPSell11,219$81.34$912,553.46View SEC Filing  
9/10/2016Michael MauserEVPSell11,260$80.93$911,271.80View SEC Filing  
8/11/2016Herbert K ParkerEVPSell5,006$85.03$425,660.18View SEC Filing  
5/6/2016Ralph SantanaCMOSell3,650$72.17$263,420.50View SEC Filing  
3/11/2016John StaceyEVPSell8,000$81.33$650,640.00View SEC Filing  
2/1/2016Michael MauserEVPSell11,254$73.08$822,442.32View SEC Filing  
11/2/2015Dinesh C. PaliwalCEOSell45,226$110.55$4,999,734.30View SEC Filing  
11/2/2015Herbert K. ParkerEVPSell12,402$110.55$1,371,041.10View SEC Filing  
9/11/2015Michael MauserinsiderSell13,504$96.98$1,309,617.92View SEC Filing  
9/11/2015Todd A. SukoEVPSell8,570$96.92$830,604.40View SEC Filing  
6/16/2015Kenneth ReissDirectorSell4,500$121.00$544,500.00View SEC Filing  
5/26/2015I.P. ParkCTOSell11,601$122.50$1,421,122.50View SEC Filing  
5/22/2015Ralph SantanaCMOSell3,649$124.78$455,322.22View SEC Filing  
5/11/2015Sachin LawandeInsiderSell1,500$131.71$197,565.00View SEC Filing  
5/4/2015Dinesh C PaliwalCEOSell34,470$127.65$4,400,095.50View SEC Filing  
5/4/2015Herbert K ParkerEVPSell8,588$127.66$1,096,344.08View SEC Filing  
5/4/2015Sachin LawandeInsiderSell5,566$127.67$710,611.22View SEC Filing  
2/2/2015Jennifer PeterCAOSell3,796$129.79$492,682.84View SEC Filing  
9/9/2014Michael MauserInsiderSell12,391$113.72$1,409,104.52View SEC Filing  
5/29/2014Sachin LawandeInsiderSell20,757$106.98$2,220,583.86View SEC Filing  
5/5/2014Ralph SantanaCMOSell3,650$110.00$401,500.00View SEC Filing  
3/19/2014Herbert ParkerCFOSell11,000$109.12$1,200,320.00View SEC Filing  
2/24/2014Michael MauserInsiderSell5,800$104.06$603,548.00View SEC Filing  
2/20/2014Dinesh PaliwalCEOSell49,194$103.72$5,102,401.68View SEC Filing  
2/20/2014I.P. ParkCTOSell1,732$104.00$180,128.00View SEC Filing  
2/19/2014John StaceyEVPSell11,042$102.95$1,136,773.90View SEC Filing  
2/18/2014Dinesh PaliwalCEOSell50,806$104.05$5,286,364.30View SEC Filing  
2/18/2014I.P. ParkCTOSell6,600$104.13$687,258.00View SEC Filing  
2/18/2014Sachin LawandeInsiderSell6,000$104.27$625,620.00View SEC Filing  
2/4/2014Blake AugsburgerInsiderSell6,000$101.80$610,800.00View SEC Filing  
2/4/2014Todd SukoEVPSell5,000$101.61$508,050.00View SEC Filing  
2/3/2014Jennifer PeterCAOSell1,500$103.25$154,875.00View SEC Filing  
11/26/2013Harald EinsmannDirectorSell2,143$81.00$173,583.00View SEC Filing  
9/13/2013Dinesh PaliwalCEOSell23,003$66.22$1,523,258.66View SEC Filing  
9/13/2013Sachin LawandeInsiderSell36,108$66.48$2,400,459.84View SEC Filing  
9/12/2013Dinesh PaliwalCEOSell26,997$65.52$1,768,843.44View SEC Filing  
9/10/2013Blake AugsburgerInsiderSell16,000$65.77$1,052,320.00View SEC Filing  
9/10/2013Jennifer PeterCAOSell1,789$65.79$117,698.31View SEC Filing  
9/10/2013Todd A SukoEVPSell11,047$65.76$726,450.72View SEC Filing  
9/9/2013Jennifer PeterCAOSell2,458$64.60$158,786.80View SEC Filing  
9/4/2013Michael MauserInsiderSell12,941$65.07$842,070.87View SEC Filing  
8/27/2013Liu JirenDirectorSell5,852$66.39$388,514.28View SEC Filing  
8/26/2013Herbert ParkerCFOSell144,677$67.56$9,774,378.12View SEC Filing  
8/26/2013Michael MauserInsiderSell3,000$68.09$204,270.00View SEC Filing  
8/26/2013Todd SukoEVPSell5,000$67.83$339,150.00View SEC Filing  
6/19/2013John StaceyEVPSell4,800$52.07$249,936.00View SEC Filing  
5/31/2013Blake AugsburgerInsiderSell20,000$53.42$1,068,400.00View SEC Filing  
5/9/2013I.P. ParkCTOSell8,335$49.18$409,915.30View SEC Filing  
(Data available from 1/1/2013 forward)


Headline Trends for Harman International Industries (NYSE:HAR)
Latest Headlines for Harman International Industries (NYSE:HAR)
americanbankingnews.com logoHarman International Industries (HAR) Getting Positive News Coverage, Study Shows
www.americanbankingnews.com - April 27 at 10:32 AM
finance.yahoo.com logoJBL Smashes GUINNESS WORLD RECORDS™
finance.yahoo.com - April 26 at 7:46 PM
americanbankingnews.com logoHarman International Industries (HAR) Earning Favorable Press Coverage, Report Finds
www.americanbankingnews.com - April 24 at 5:46 PM
finance.yahoo.com logoSouth Africa's Sibanye declares war on illegal gold miners
finance.yahoo.com - April 21 at 11:10 AM
finance.yahoo.com logoHarman International Agrees to Pay $28.25 Million to Settle Allegations of Misleading Investors
finance.yahoo.com - April 19 at 5:28 PM
americanbankingnews.com logoHarman International Industries (HAR) Earns Daily Media Impact Rating of -0.05
www.americanbankingnews.com - April 15 at 2:13 PM
thestreet.com logoAnalysts Anticipate VBK To Hit $153
www.thestreet.com - April 14 at 9:44 AM
americanbankingnews.com logoHarman International Industries Inc (HAR) Given Consensus Rating of "Hold" by Brokerages
www.americanbankingnews.com - April 10 at 10:45 AM
thestreet.com logoLook Under The Hood: VBK Has 10% Upside
www.thestreet.com - April 7 at 10:11 AM
nasdaq.com logoRobert Olstein's Largest Sales of 4th Quarter
www.nasdaq.com - April 1 at 12:50 PM
finance.yahoo.com logoAt 30+% CAGR, Automotive Gesture Recognition Systems Market Potentially Worth $3144.8 Million by 2021 Led by Touchless Systems
finance.yahoo.com - March 26 at 5:14 PM
finance.yahoo.com logoHarmony Gold Mining Company Limited (Harmony) to present at the dbVIC - Deutsche Bank ADR Virtual Investor Conference on March 22 2017
finance.yahoo.com - March 17 at 5:52 PM
streetinsider.com logoForm 4 HARMAN INTERNATIONAL For: Mar 10 Filed by: Parker Herbert K
www.streetinsider.com - March 15 at 8:58 AM
forbes.com logoAfter Intel's Mobileye Buy, Here's Why You Should Bet On NVIDIA, Delphi
www.forbes.com - March 14 at 12:15 PM
finance.yahoo.com logo5:32 pm Harman: Samsung (SSNLF) completes $112/share cash acquisition of HARMAN
finance.yahoo.com - March 10 at 11:45 PM
moodys.com logoHarman Finance International S.C.A. -- Moody's upgrades Harman's senior unsecured rating to Baa2; outlook stable
www.moodys.com - March 10 at 11:45 PM
biz.yahoo.com logoHARMAN INTERNATIONAL INDUSTRIES INC /DE/ Files SEC form 8-K, Termination of a Material Definitive Agreement, Completi
us.rd.yahoo.com - March 10 at 6:45 PM
finance.yahoo.com logoSamsung Electronics Completes Acquisition of HARMAN
au.finance.yahoo.com - March 10 at 6:45 PM
finance.yahoo.com logoHARMAN and the 1,000 Dreams Fund Partner to Support the Next Generation of Female Leaders in Technology
finance.yahoo.com - March 8 at 6:24 PM
finance.yahoo.com logoTop Ranked Value Stocks to Buy for March 7th
finance.yahoo.com - March 7 at 5:22 PM
finance.yahoo.com logoOlstein Strategic Opportunities Fund 4th Quarter Commentary
finance.yahoo.com - March 7 at 5:22 PM
uk.finance.yahoo.com logoHARMAN Pioneers Deep Learning Solution for Automotive Map Live Layer Data Updates
uk.finance.yahoo.com - March 6 at 9:19 AM
finance.yahoo.com logoTop Ranked Growth Stocks to Buy for March 3rd
finance.yahoo.com - March 3 at 5:36 PM
finance.yahoo.com logoCan Harman International be Good Choice for Value Investors?
finance.yahoo.com - March 2 at 5:54 PM
streetinsider.com logoForm 8-K HARMAN INTERNATIONAL For: Feb 23
www.streetinsider.com - February 28 at 5:46 PM
biz.yahoo.com logoHARMAN INTERNATIONAL INDUSTRIES INC /DE/ Files SEC form 8-K, Other Events
biz.yahoo.com - February 27 at 6:57 PM
finance.yahoo.com logoSamsung Elevates Multimedia Experience in Galaxy Device Lineup With Audio Tuned by AKG
finance.yahoo.com - February 26 at 5:04 PM
us.rd.yahoo.com logoHARMAN Pioneers First-Ever Integration of Apple CarPlay Through Wireless Connectivity
us.rd.yahoo.com - February 24 at 10:48 AM
reuters.com logoBRIEF-Harman International Industries announced commercial implementation of Apple carplay integration through ... - Reuters
www.reuters.com - February 23 at 5:35 PM
businesswire.com logoHARMAN Pioneers First-Ever Integration of Apple CarPlay Through ... - Business Wire (press release)
www.businesswire.com - February 23 at 5:35 PM
finance.yahoo.com logoHarman downgraded by Raymond James
finance.yahoo.com - February 22 at 5:46 PM
us.rd.yahoo.com logoUltrahaptics Collaborates With HARMAN to Integrate Mid-Air Haptic Sensations Into Connected Cars
us.rd.yahoo.com - February 22 at 12:57 PM
uk.finance.yahoo.com logoTeamViewer and HARMAN Team up for a Joint IoT Solution That Enables Monitoring and Management of Smart Buildings and Devices
us.rd.yahoo.com - February 22 at 12:57 PM
nasdaq.com logoGreenwood Gearhart Inc Buys Diageo PLC, Procter & Gamble Co, Sells Harman International ... - Nasdaq
www.nasdaq.com - February 18 at 12:17 PM
biz.yahoo.com logoHARMAN INTERNATIONAL INDUSTRIES INC /DE/ Files SEC form 8-K, Submission of Matters to a Vote of Security Holders, Oth
biz.yahoo.com - February 18 at 12:17 PM
nasdaq.com logoVerition Fund Management LLC Buys Suncor Energy, Exelon, American Electric Power Co, Sells ...
www.nasdaq.com - February 17 at 4:11 PM
prnewswire.com logoRobbins Geller Rudman & Dowd LLP Files Class Action Suit Against Harman International Industries, Incorporated - PR Newswire (press release)
www.prnewswire.com - February 17 at 8:42 AM
ft.com logo[$$] Lee Jae-yong's arrest casts long shadow over Samsung
www.ft.com - February 17 at 8:42 AM
us.rd.yahoo.com logoRobbins Geller Rudman & Dowd LLP Files Class Action Suit Against Harman International Industries, Incorporated
us.rd.yahoo.com - February 16 at 10:34 PM
finance.yahoo.com logoRobbins Geller Rudman & Dowd LLP Files Class Action Suit Against ... - Yahoo Finance
finance.yahoo.com - February 16 at 5:31 PM
finance.yahoo.com logoHARMAN Partners with Ultrahaptics to Bring Custom Haptic Sensations to the Connected Car
finance.yahoo.com - February 16 at 5:31 PM
finance.yahoo.com logo4 Great Stocks to Buy as Retail Sales Surge
finance.yahoo.com - February 16 at 5:31 PM


Frequently Asked Questions for Harman International Industries (NYSE:HAR)

What is Harman International Industries' stock symbol?

Harman International Industries trades on the New York Stock Exchange (NYSE) under the ticker symbol "HAR."

How often does Harman International Industries pay dividends? What is the dividend yield for Harman International Industries?

Harman International Industries announced a quarterly dividend on Thursday, January 26th. Investors of record on Monday, February 6th will be paid a dividend of $0.35 per share on Wednesday, February 22nd. This represents a $1.40 dividend on an annualized basis and a dividend yield of 1.26%. The ex-dividend date is Thursday, February 2nd.

How were Harman International Industries' earnings last quarter?

Harman International Industries Inc (NYSE:HAR) announced its quarterly earnings data on Thursday, January, 26th. The company reported $2.22 earnings per share for the quarter, topping the Zacks' consensus estimate of $1.85 by $0.37. The business had revenue of $1.95 billion for the quarter, compared to analysts' expectations of $1.91 billion. Harman International Industries had a net margin of 5.05% and a return on equity of 20.15%. The business's quarterly revenue was up 9.9% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.84 EPS.

When will Harman International Industries make its next earnings announcement?

Harman International Industries is scheduled to release their next quarterly earnings announcement on Wednesday, April, 26th 2017.

What guidance has Harman International Industries issued on next quarter's earnings?

Harman International Industries issued an update on its FY17 earnings guidance on Thursday, August, 4th. The company provided earnings per share guidance of $6.75-7.00 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $6.89. The company issued revenue guidance of $7.3-7.5 billion, compared to the consensus revenue estimate of $7.31 billion.

Where is Harman International Industries' stock going? Where will Harman International Industries' stock price be in 2017?

11 brokerages have issued 1 year target prices for Harman International Industries' shares. Their predictions range from $73.00 to $112.00. On average, they anticipate Harman International Industries' stock price to reach $97.73 in the next twelve months.

How do I buy Harman International Industries stock?

Shares of Harman International Industries 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 Harman International Industries stock cost?

One share of Harman International Industries stock can currently be purchased for approximately $111.50.

Harman International Industries (HAR) Chart for Thursday, April, 27, 2017

This page was last updated on 4/27/2017 by MarketBeat.com Staff