Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
After finishing at $9.71 in the prior trading day, Harmonic, Inc (NASDAQ: HLIT) closed at $9.93, up 2.27%. In other words, the price has increased by $2.27 from its previous closing price. On the day, 0.74 million shares were traded. HLIT stock price reached its highest trading level at $9.95 during the session, while it also had its lowest trading level at $9.765.
Ratios:
Our goal is to gain a better understanding of HLIT by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 9.09 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 9.56. For the most recent quarter (mrq), Quick Ratio is recorded 1.58 and its Current Ratio is at 1.99. In the meantime, Its Debt-to-Equity ratio is 0.34 whereas as Long-Term Debt/Eq ratio is at 0.31.
Raymond James Downgraded its Strong Buy to Outperform on October 29, 2024, whereas the target price for the stock was revised from $17 to $14.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Aug 01 ’25 when Whalen Daniel T bought 2,000 shares for $8.25 per share. The transaction valued at 16,500 led to the insider holds 13,840 shares of the business.
Whalen Daniel T bought 2,000 shares of HLIT for $17,980 on May 30 ’25. The Director now owns 11,840 shares after completing the transaction at $8.99 per share. On Feb 25 ’25, another insider, Whalen Daniel T, who serves as the Director of the company, bought 1,000 shares for $9.99 each. As a result, the insider paid 9,990 and bolstered with 9,840 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, HLIT now has a Market Capitalization of 1129632128 and an Enterprise Value of 1156671104. As of this moment, Harmonic,’s Price-to-Earnings (P/E) ratio for their current fiscal year is 16.97, and their Forward P/E ratio for the next fiscal year is 13.43. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.00. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.64 while its Price-to-Book (P/B) ratio in mrq is 2.52. Its current Enterprise Value per Revenue stands at 1.679 whereas that against EBITDA is 9.467.
Stock Price History:
The Beta on a monthly basis for HLIT is 1.05, which has changed by -0.29872882 over the last 52 weeks, in comparison to a change of 0.1443547 over the same period for the S&P500. Over the past 52 weeks, HLIT has reached a high of $15.46, while it has fallen to a 52-week low of $7.80. The 50-Day Moving Average of the stock is 2.46%, while the 200-Day Moving Average is calculated to be -0.21%.
Shares Statistics:
The stock has traded on average 1.05M shares per day over the past 3-months and 888340 shares per day over the last 10 days, according to various share statistics. A total of 113.39M shares are outstanding, with a floating share count of 112.00M. Insiders hold about 1.55% of the company’s shares, while institutions hold 90.69% stake in the company. Shares short for HLIT as of 1759190400 were 2232246 with a Short Ratio of 2.13, compared to 1756425600 on 2480071. Therefore, it implies a Short% of Shares Outstanding of 2232246 and a Short% of Float of 2.35.
Earnings Estimates
A comprehensive evaluation of Harmonic, Inc (HLIT) is underway, with the input of 6.0 analysts contributing to its current rating.The consensus estimate for the next quarter is $0.12, with high estimates of $0.18 and low estimates of $0.05.
Analysts are recommending an EPS of between $0.48 and $0.33 for the fiscal current year, implying an average EPS of $0.39. EPS for the following year is $0.6, with 3.0 analysts recommending between $0.74 and $0.48.
Revenue Estimates
5 analysts predict $127.94M in revenue for. The current quarter. It ranges from a high estimate of $130M to a low estimate of $127.08M. As of. The current estimate, Harmonic, Inc’s year-ago sales were $195.76MFor the next quarter, 5 analysts are estimating revenue of $146.91M. There is a high estimate of $166.75M for the next quarter, whereas the lowest estimate is $140.3M.
A total of 5 analysts have provided revenue estimates for HLIT’s current fiscal year. The highest revenue estimate was $564.99M, while the lowest revenue estimate was $539M, resulting in an average revenue estimate of $545.98M. In the same quarter a year ago, actual revenue was $678.72MBased on 5 analysts’ estimates, the company’s revenue will be $662.47M in the next fiscal year. The high estimate is $694.47M and the low estimate is $628.5M.
