Harman International Industries Company Profile (NYSE:HAR)

About Harman International Industries

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 audio systems, visual products, enterprise automation solutions and connected services. The Company operates through four segments. The Infotainment segment offers infotainment systems for vehicle applications. The Lifestyle segment offers car audio systems for vehicle applications, as well as a range of loudspeaker and electronics for home, multimedia and mobile applications. The Professional segment provides audio, lighting, video and control and automation solutions for commercial, enterprise and public space applications. The Services segment creates software solutions that integrate design, mobility, cloud and analytics. Its brands include AKG, AMX, Crown, Harman/Kardon, Infinity, JBL, JBL Professional, Lexicon, Mark Levinson, Martin, 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: $83.16
  • 50 Day Moving Average: $84.10
  • 200 Day Moving Average: $80.57
  • 52-Week Range: $64.93 - $112.68
  • Trailing P/E Ratio: 16.67
  • Foreward P/E Ratio: 11.19
  • P/E Growth: 0.83
  • Market Cap: $5.80B
  • Outstanding Shares: 69,783,000
  • Beta: 2.14
Profitability:
  • Net Margins: 5.23%
  • Return on Equity: 18.54%
  • Return on Assets: 7.71%
Debt:
  • Debt-to-Equity Ratio: 0.54%
  • Current Ratio: 1.59%
  • Quick Ratio: 1.21%
Additional Links:
Companies Related to Harman International Industries:

Analyst Ratings

Consensus Ratings for Harman International Industries (NYSE:HAR) (?)
Ratings Breakdown: 2 Sell Ratings, 5 Hold Ratings, 8 Buy Ratings, 1 Strong Buy Rating
Consensus Rating:Buy (Score: 2.50)
Consensus Price Target: $99.06 (19.12% upside)

Analysts' Ratings History for Harman International Industries (NYSE:HAR)
Show:
DateFirmActionRatingPrice TargetDetails
8/10/2016Wells Fargo & Co.Reiterated RatingOutperform$88.00 -> $95.00View Rating Details
8/6/2016Piper Jaffray Cos.Set Price TargetHold$84.00 -> $88.00View Rating Details
8/5/2016Pacific CrestReiterated RatingHoldView Rating Details
8/5/2016JPMorgan Chase & Co.Boost Price TargetOverweight$102.00 -> $108.00View Rating Details
8/5/2016Deutsche Bank AGBoost Price TargetBuy$94.00 -> $103.00View Rating Details
8/5/2016Barclays PLCBoost Price TargetOverweight$103.00 -> $104.00View Rating Details
8/5/2016FBR & CoBoost Price TargetMkt Perform$85.00 -> $90.00View Rating Details
8/5/2016Robert W. BairdDowngradeOutperform -> Neutral$87.00View Rating Details
6/29/2016Royal Bank Of CanadaDowngradeOutperform -> Sector Perform$85.00 -> $73.00View Rating Details
6/14/2016Northcoast ResearchInitiated CoverageBuy$105.00View Rating Details
3/31/2016Goldman Sachs Group Inc.Initiated CoverageBuy$110.00View Rating Details
3/14/2016Evercore ISIUpgradeHold -> Buy$135.00 -> $115.00View Rating Details
1/29/2016Raymond James Financial Inc.Lower Price TargetStrong-Buy$145.00 -> $140.00View Rating Details
12/22/2015SusquehannaInitiated CoverageNeutral$102.00View Rating Details
12/3/2015Morgan StanleyReiterated RatingUnderweight$55.00View Rating Details
11/13/2015William BlairInitiated CoverageOutperformView Rating Details
10/7/2015Jefferies GroupInitiated CoverageUnderperform$90.00View Rating Details
(Data available from 9/29/2014 forward)

Earnings

Earnings History for Harman International Industries (NYSE:HAR)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/27/2016        
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$1.27$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$1.21$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)

Estimates

Earnings Estimates for Harman International Industries (NYSE:HAR)
Current Year EPS Consensus Estimate: $6.85 EPS
Next Year EPS Consensus Estimate: $7.43 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20161$1.49$1.49$1.49
Q2 20162$1.60$1.71$1.66
Q3 20161$1.78$1.78$1.78
Q4 20163$1.51$1.55$1.53
Q1 20173$1.53$1.56$1.55
Q2 20173$1.79$1.89$1.85
Q3 20173$1.59$1.67$1.64
Q4 20173$1.80$1.89$1.85
Q1 20181$1.66$1.66$1.66
Q3 20181$1.73$1.73$1.73
Q4 20181$2.05$2.05$2.05
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Harman International Industries (NYSE:HAR)
Annual Dividend:$1.40
Dividend Yield:1.68%
Dividend Growth:44.60% (3 Year Average)
Payout Ratio:28.11% (Based on Trailing 12 Months of Earnings)
20.44% (Based on Current Year Consensus EPS Estimate)
18.84% (Based on Next Year Consensus EPS Estimate)
Track Record:5 Years of Consecutive Dividend Growth

Dividend History for Harman International Industries (NYSE:HAR)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
8/5/2016quarterly$0.351.61%8/11/20168/15/20168/29/2016
4/28/2016quarterly$0.351.82%5/5/20165/9/20165/23/2016
1/28/2016quarterly$0.352.03%2/4/20162/8/20162/23/2016
10/29/2015quarterly$0.3511/5/201511/9/201511/24/2015
8/4/2015quarterly$0.358/12/20158/14/20158/28/2015
4/30/2015quarterly$0.331.04%5/7/20155/11/20155/26/2015
1/29/2015quarterly$0.331.02%2/5/20152/9/20152/24/2015
10/30/2014quarterly$0.331.23%11/6/201411/10/201411/24/2014
8/7/2014quarterly$0.331.22%8/14/20148/18/20149/2/2014
5/1/2014quarterly$0.301.08%5/8/20145/12/20145/27/2014
1/30/2014quarterly$0.301.16%2/6/20142/10/20142/25/2014
10/31/2013quarterly$0.301.46%11/6/201311/11/201311/25/2013
8/6/2013quarterly$0.302.03%8/14/20138/16/20138/30/2013
5/2/2013quarterly$0.001.24%5/9/20135/13/20135/28/2013
1/31/2013quarterly$0.151.32%2/7/20132/11/20132/26/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Harman International Industries (NYSE:HAR)
Insider Ownership Percentage: 0.95%
Institutional Ownership Percentage: 95.84%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
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)

Headlines

Latest Headlines for Harman International Industries (NYSE:HAR)
DateHeadline
seekingalpha.com logoHarman International: Listen Up (NYSE:HAR)
seekingalpha.com - September 29 at 5:16 PM
seekingalpha.com logoHarman International: Listen Up - Seeking Alpha (NYSE:HAR)
seekingalpha.com - September 29 at 5:16 PM
News IconGlobal Earphone and Headphone Market Led by Lightweight Portable Music Systems, to Rise at 7.0% CAGR from 2015 to 2025 (NYSE:HAR)
empowerednews.net - September 29 at 10:26 AM
News IconAES Announces Educational Foundation Awards for 2016 (NYSE:HAR)
www.avnetwork.com - September 29 at 10:26 AM
marketwired.com logoSavari Taps Automotive and Electronics Industry Veteran to Lead Its Worldwide Sales & Marketing (NYSE:HAR)
www.marketwired.com - September 28 at 10:14 AM
finance.yahoo.com logoHARMAN Named Official Sound of The John F. Kennedy Center for the Performing Arts (NYSE:HAR)
finance.yahoo.com - September 28 at 10:14 AM
4-traders.com logoThe Shape Shifting Console: Functional Design at Your Fingertips (NYSE:HAR)
www.4-traders.com - September 26 at 5:30 PM
investopedia.com logoHAR's Dinesh Paliwal Joins RTN's Board (RTN) (NYSE:HAR)
www.investopedia.com - September 26 at 5:30 PM
law360.com logoClaims In Fiat Chrysler Car-Hacking Suit Trimmed By Judge (NYSE:HAR)
www.law360.com - September 24 at 9:53 AM
capitalcube.com logoHarman International Industries, Inc. breached its 50 day moving average in a Bullish Manner : HAR-US : September 23, 2016 (NYSE:HAR)
www.capitalcube.com - September 23 at 10:22 AM
finance.yahoo.com logoDinesh Paliwal elected to Raytheon Board of Directors (NYSE:HAR)
finance.yahoo.com - September 23 at 10:22 AM
biz.yahoo.com logoHARMAN INTERNATIONAL INDUSTRIES INC /DE/ Files SEC form 8-K, Change in Directors or Principal Officers, Financial Sta (NYSE:HAR)
biz.yahoo.com - September 22 at 5:26 PM
News IconWhy Michael Mauser Unloaded 886 Stock of Harman International Industries Inc (NYSE:HAR)? - Post News (NYSE:HAR)
www.kentuckypostnews.com - September 21 at 3:35 PM
publicnow.com logoJBL® Announces Its Newest Wireless Sport Headphone, JBL Reflect Contour (NYSE:HAR)
www.publicnow.com - September 20 at 10:30 AM
finance.yahoo.com logoHARMAN Awarded Excellence in Software Award by Cisco (NYSE:HAR)
finance.yahoo.com - September 20 at 10:30 AM
News IconHarman International employees in India to get six months’ paid maternity leave (NYSE:HAR)
www.thehindubusinessline.com - September 19 at 9:56 AM
News IconHarman International employees in India to get six months' paid maternity leave - Hindu Business Line (NYSE:HAR)
www.thehindubusinessline.com - September 18 at 5:04 PM
News IconHarman inaugrates New Software Center of competence for lifestyle audio in India (NYSE:HAR)
www.gizmoids.com - September 18 at 9:51 AM
News IconAnalysts Valuations For Two Stocks: Harman International Industries Inc (NYSE:HAR), Toll Brothers Inc (NYSE:TOL) - The Voice Registrar (NYSE:HAR)
voiceregistrar.com - September 16 at 5:13 PM
einnews.com logoAutomotive Head-up Display (HUD) Market Share to Reach $1.59 billion with 19.38% CAGR Forecast to 2022 (NYSE:HAR)
www.einnews.com - September 16 at 9:15 AM
finance.yahoo.com logoHarman opens first centre for lifestyle products in India (NYSE:HAR)
in.finance.yahoo.com - September 16 at 9:14 AM
publicnow.com logoHARMAN Opens New Software Center of Competence for Lifestyle Audio in India (NYSE:HAR)
www.publicnow.com - September 15 at 5:43 PM
reuters.com logoVolkswagen sets up cyber security firm with ex-Israeli spy chief (NYSE:HAR)
www.reuters.com - September 14 at 9:37 AM
News IconFord Partners with Harman to Offer New Audio System on All Vehicles in 2017 (NYSE:HAR)
www.dbusiness.com - September 14 at 9:37 AM
publicnow.com logoJBL EVEREST™ ELITE SDK and Vive deliver an immersive virtual reality hack at Tech Crunch Disrupt SF delivering better safety for consumers (NYSE:HAR)
www.publicnow.com - September 14 at 9:37 AM
News IconFord signs deal with Harman for new B&O audio systems (NYSE:HAR)
www.autonews.com - September 13 at 10:09 AM
forbes.com logoB&O Play Audio Systems To Replace Sony In Ford Vehicles In 2017 (NYSE:HAR)
www.forbes.com - September 13 at 10:09 AM
capitalcube.com logoHarman International Industries, Inc. breached its 50 day moving average in a Bullish Manner : HAR-US : September 13, 2016 (NYSE:HAR)
www.capitalcube.com - September 13 at 10:09 AM
finance.yahoo.com logoDesperation and death beneath South Africa's City of Gold (NYSE:HAR)
finance.yahoo.com - September 13 at 10:09 AM
News IconResearch delivers insight into the United States robotic palletizing machine market report 2016 (NYSE:HAR)
www.whatech.com - September 11 at 4:58 PM
nasdaq.com logoNotable Two Hundred Day Moving Average Cross - HAR (NYSE:HAR)
www.nasdaq.com - September 9 at 5:10 PM
finance.yahoo.com logoHARMAN to Sponsor escar Asia Automotive Cyber Security Conference in Tokyo (NYSE:HAR)
au.finance.yahoo.com - September 7 at 5:31 PM
capitalcube.com logoETF’s with exposure to Harman International Industries, Inc. : September 7, 2016 (NYSE:HAR)
www.capitalcube.com - September 7 at 5:31 PM
marketrealist.com logoHarman International Announces New Plan with Brightstar (NYSE:HAR)
marketrealist.com - September 7 at 5:31 PM
finance.yahoo.com logo5:00 pm Harman will expand its partnership with Brightstar Corp; expands distribution into the wireless telecommunication & retail channels through new product launches (NYSE:HAR)
finance.yahoo.com - September 7 at 8:49 AM
finance.yahoo.com logoHARMAN Wins Three European Imaging and Sound Association Awards at IFA Berlin (NYSE:HAR)
finance.yahoo.com - September 6 at 5:23 PM
finance.yahoo.com logoHARMAN Announces Extension of Collaboration with Brightstar Corp. and Launches New Product Lines (NYSE:HAR)
finance.yahoo.com - September 6 at 5:23 PM
News IconMercedes & Microsoft launch 'In Car Office,' so you can work on the ... - SiliconANGLE (blog) (NYSE:HAR)
siliconangle.com - September 5 at 4:54 PM
bloomberg.com logoEx-Harman Executive Gets Eight Months for Insider Trading - Bloomberg (NYSE:HAR)
www.bloomberg.com - September 4 at 4:54 PM
News IconHarman International Industries Inc (NYSE:HAR) Analyst Opinion - The Independent Republic (NYSE:HAR)
theindependentrepublic.com - September 4 at 4:54 PM
bloomberg.com logoEx-Harman Executive Gets Eight Months for Insider Trading (NYSE:HAR)
www.bloomberg.com - September 2 at 5:17 PM
reuters.com logoBRIEF-Sama announces appoints Isabelle Gauthier as chief financial officer (NYSE:HAR)
www.reuters.com - September 2 at 10:14 AM
finance.yahoo.com logoEx-Harman International executive gets prison for insider trading (NYSE:HAR)
finance.yahoo.com - September 2 at 10:14 AM
publicnow.com logoHarman Kardon ONYX MINI Fuses Premium Sound with Iconic Modern Design (NYSE:HAR)
www.publicnow.com - September 1 at 5:17 PM
publicnow.com logoJBL® Portable Speakers Come to Life with Siri and Google Now Voice Integration (NYSE:HAR)
www.publicnow.com - September 1 at 5:17 PM
bloomberg.com logoBaidu’s Vision of Future: Robot Taxis, Chinese Home Gadgets (NYSE:HAR)
www.bloomberg.com - September 1 at 8:18 AM
News IconBaidu Envisions Robot Cars With Nvidia and Echo-Like Home Gadget (NYSE:HAR)
oigel.com - September 1 at 8:18 AM
rttnews.com logoBaidu Signs Partnership Deal With HARMAN; To Open Source Software Platform (NYSE:HAR)
www.rttnews.com - September 1 at 8:18 AM
finance.yahoo.com logoHARMAN and Baidu Form Global Partnership to Develop Speech-Enabled Smart Speakers (NYSE:HAR)
finance.yahoo.com - September 1 at 8:18 AM
publicnow.com logoHARMAN Rated as an Undisputed IoT Service Provider Leader by Consulting Firm Zinnov (NYSE:HAR)
www.publicnow.com - August 31 at 10:07 AM

Social

Harman International Industries (NYSE:HAR) Chart for Thursday, September, 29, 2016


Last Updated on 9/29/2016 by MarketBeat.com Staff