The pursuit of outperformance leads many investors to carefully choose individual stocks. Picking the right ones can be a game-changer for growing your wealth.
In the latest session, Harmonic, Inc (NASDAQ: HLIT) closed at $8.91 up 0.68% from its previous closing price of $8.85. In other words, the price has increased by $0.68 from its previous closing price. On the day, 0.68 million shares were traded.
Ratios:
For a deeper understanding of Harmonic, Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 6.76 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 9.20. 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.
On October 29, 2024, Raymond James Downgraded its rating to Outperform which previously was Strong Buy and also lowered its target price recommendation from $17 to $14.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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:
As of this moment, Harmonic,’s Price-to-Earnings (P/E) ratio for their current fiscal year is 19.76, and their Forward P/E ratio for the next fiscal year is 9.88. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.19. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.46 while its Price-to-Book (P/B) ratio in mrq is 2.29.
Stock Price History:
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 -2.15%, while the 200-Day Moving Average is calculated to be -22.56%.
Shares Statistics:
A total of 114.68M shares are outstanding, with a floating share count of 110.31M. Insiders hold about 2.46% of the company’s shares, while institutions hold 93.60% stake in the company.
