Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
The closing price of Harmonic, Inc (NASDAQ: HLIT) was $9.24 for the day, up 0.87% from the previous closing price of $9.16. In other words, the price has increased by $0.87 from its previous closing price. On the day, 1.34 million shares were traded. HLIT stock price reached its highest trading level at $9.39 during the session, while it also had its lowest trading level at $9.04.
Ratios:
Our analysis of HLIT’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 7.01 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 9.54. For the most recent quarter (mrq), Quick Ratio is recorded 1.69 and its Current Ratio is at 2.06. 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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on May 30 ’25 when Whalen Daniel T bought 2,000 shares for $8.99 per share. The transaction valued at 17,980 led to the insider holds 11,840 shares of the business.
Whalen Daniel T bought 1,000 shares of HLIT for $9,990 on Feb 25 ’25. The Director now owns 9,840 shares after completing the transaction at $9.99 per share. On Feb 24 ’25, another insider, Whalen Daniel T, who serves as the Director of the company, bought 3,000 shares for $10.15 each. As a result, the insider paid 30,459 and bolstered with 8,840 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 1045016256 and an Enterprise Value of 1070888832. As of this moment, Harmonic,’s Price-to-Earnings (P/E) ratio for their current fiscal year is 20.50, and their Forward P/E ratio for the next fiscal year is 10.75. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.24. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.51 while its Price-to-Book (P/B) ratio in mrq is 2.38. Its current Enterprise Value per Revenue stands at 1.552 whereas that against EBITDA is 8.819.
Stock Price History:
The Beta on a monthly basis for HLIT is 1.01, which has changed by -0.26550078 over the last 52 weeks, in comparison to a change of 0.10611236 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 $7.91. The 50-Day Moving Average of the stock is -0.43%, while the 200-Day Moving Average is calculated to be -16.74%.
Shares Statistics:
HLIT traded an average of 997.82K shares per day over the past three months and 1494840 shares per day over the past ten days. A total of 114.68M shares are outstanding, with a floating share count of 110.23M. Insiders hold about 2.53% of the company’s shares, while institutions hold 93.72% stake in the company. Shares short for HLIT as of 1749772800 were 2153889 with a Short Ratio of 1.85, compared to 1747267200 on 2262921. Therefore, it implies a Short% of Shares Outstanding of 2153889 and a Short% of Float of 2.29.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
