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After finishing at $10.43 in the prior trading day, Harmonic, Inc (NASDAQ: HLIT) closed at $10.44, up 0.10%. In other words, the price has increased by $0.10 from its previous closing price. On the day, 1.12 million shares were traded. HLIT stock price reached its highest trading level at $10.59 during the session, while it also had its lowest trading level at $10.3502.
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 9.17 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 8.77. For the most recent quarter (mrq), Quick Ratio is recorded 1.64 and its Current Ratio is at 2.08. In the meantime, Its Debt-to-Equity ratio is 0.33 whereas as Long-Term Debt/Eq ratio is at 0.30.
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 1171713280 and an Enterprise Value of 1190710656. As of this moment, Harmonic,’s Price-to-Earnings (P/E) ratio for their current fiscal year is 24.64, and their Forward P/E ratio for the next fiscal year is 14.54. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 17.86. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.84 while its Price-to-Book (P/B) ratio in mrq is 2.64. Its current Enterprise Value per Revenue stands at 1.873 whereas that against EBITDA is 12.697.
Stock Price History:
The Beta on a monthly basis for HLIT is 1.06, which has changed by -0.12719667 over the last 52 weeks, in comparison to a change of 0.13367426 over the same period for the S&P500. Over the past 52 weeks, HLIT has reached a high of $13.75, while it has fallen to a 52-week low of $7.80. The 50-Day Moving Average of the stock is 2.48%, while the 200-Day Moving Average is calculated to be 7.27%.
Shares Statistics:
The stock has traded on average 898.03K shares per day over the past 3-months and 835830 shares per day over the last 10 days, according to various share statistics. A total of 112.22M shares are outstanding, with a floating share count of 112.00M. Insiders hold about 1.55% of the company’s shares, while institutions hold 91.36% stake in the company. Shares short for HLIT as of 1760486400 were 2234311 with a Short Ratio of 2.49, compared to 1757894400 on 2336401. Therefore, it implies a Short% of Shares Outstanding of 2234311 and a Short% of Float of 2.3599999.
Earnings Estimates
. The current market rating for Harmonic, Inc (HLIT) reflects the collective analysis of 5.0 analysts closely monitoring its performance.The consensus estimate for the next quarter is $0.08, with high estimates of $0.08 and low estimates of $0.07.
Analysts are recommending an EPS of between $0.44 and $0.33 for the fiscal current year, implying an average EPS of $0.41. EPS for the following year is $0.49, with 2.0 analysts recommending between $0.57 and $0.4.
Revenue Estimates
5 analysts predict $140.96M in revenue for. The current quarter. It ranges from a high estimate of $144M to a low estimate of $139.9M. As of. The current estimate, Harmonic, Inc’s year-ago sales were $222.17MFor the next quarter, 5 analysts are estimating revenue of $139.48M. There is a high estimate of $140.9M for the next quarter, whereas the lowest estimate is $137.51M.
A total of 5 analysts have provided revenue estimates for HLIT’s current fiscal year. The highest revenue estimate was $553.9M, while the lowest revenue estimate was $539M, resulting in an average revenue estimate of $549.03M. In the same quarter a year ago, actual revenue was $678.72MBased on 5 analysts’ estimates, the company’s revenue will be $666.68M in the next fiscal year. The high estimate is $681.82M and the low estimate is $650M.
