Beyond market averages, investors seeking exceptional growth focus on the art of stock selection. The right picks can significantly contribute to the expansion of your wealth.
As of close of business last night, Harmonic, Inc’s stock clocked out at $9.22, up 1.21% from its previous closing price of $9.11. In other words, the price has increased by $1.21 from its previous closing price. On the day, 1.03 million shares were traded. HLIT stock price reached its highest trading level at $9.335 during the session, while it also had its lowest trading level at $9.14.
Ratios:
To gain a deeper understanding of HLIT’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 8.44 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 8.88. 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:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. 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 1048867200 and an Enterprise Value of 1075901824. As of this moment, Harmonic,’s Price-to-Earnings (P/E) ratio for their current fiscal year is 15.76, and their Forward P/E ratio for the next fiscal year is 12.47. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.78. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.52 while its Price-to-Book (P/B) ratio in mrq is 2.34. Its current Enterprise Value per Revenue stands at 1.561 whereas that against EBITDA is 8.806.
Stock Price History:
The Beta on a monthly basis for HLIT is 1.01, which has changed by -0.34189862 over the last 52 weeks, in comparison to a change of 0.16657472 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 0.66%, while the 200-Day Moving Average is calculated to be -12.48%.
Shares Statistics:
It appears that HLIT traded 1.06M shares on average per day over the past three months and 1143290 shares per day over the past ten days. A total of 113.39M shares are outstanding, with a floating share count of 110.88M. Insiders hold about 2.54% of the company’s shares, while institutions hold 93.72% stake in the company. Shares short for HLIT as of 1753920000 were 2411061 with a Short Ratio of 2.28, compared to 1751241600 on 1842306. Therefore, it implies a Short% of Shares Outstanding of 2411061 and a Short% of Float of 2.54.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
Earnings Estimates
The stock of Harmonic, Inc (HLIT) is currently drawing attention from 6.0 analysts actively involved in the ongoing evaluation and rating process.The consensus estimate for the next quarter is $0.14, with high estimates of $0.23 and low estimates of $0.08.
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 $0.76, with 6.0 analysts recommending between $0.9 and $0.67.
Revenue Estimates
In the current quarter, 5 analysts expect revenue to total $127.94M. 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.
