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Harmonic, Inc (NASDAQ: HLIT) closed the day trading at $9.19 down -9.64% from the previous closing price of $10.17. In other words, the price has decreased by -$9.64 from its previous closing price. On the day, 2.84 million shares were traded. HLIT stock price reached its highest trading level at $10.06 during the session, while it also had its lowest trading level at $8.805.
Ratios:
For a better understanding of HLIT, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 6.97 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 9.49. 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:
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 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 1039361408 and an Enterprise Value of 1070888832. As of this moment, Harmonic,’s Price-to-Earnings (P/E) ratio for their current fiscal year is 20.39, and their Forward P/E ratio for the next fiscal year is 10.69. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.23. 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 2.36. 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 1.00, which has changed by -0.23671097 over the last 52 weeks, in comparison to a change of 0.10500872 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 -0.92%, while the 200-Day Moving Average is calculated to be -17.89%.
Shares Statistics:
Over the past 3-months, HLIT traded about 961.63K shares per day on average, while over the past 10 days, HLIT traded about 1479320 shares per day. 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 93.60% stake in the company. Shares short for HLIT as of 1749772800 were 2153889 with a Short Ratio of 2.24, 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
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 $0.16, with high estimates of $0.19 and low estimates of $0.16.
Analysts are recommending an EPS of between $0.69 and $0.61 for the fiscal current year, implying an average EPS of $0.61. EPS for the following year is $1.18, with 5.0 analysts recommending between $1.22 and $1.18.
Revenue Estimates
4 analysts predict $134.9M in revenue for the current quarter. It ranges from a high estimate of $134.9M to a low estimate of $134.9M. As of the current estimate, Harmonic, Inc’s year-ago sales were $138.74MFor the next quarter, 4 analysts are estimating revenue of $167.2M. There is a high estimate of $167.2M for the next quarter, whereas the lowest estimate is $167.2M.
A total of 4 analysts have provided revenue estimates for HLIT’s current fiscal year. The highest revenue estimate was $645.2M, while the lowest revenue estimate was $645.2M, resulting in an average revenue estimate of $645.2M. In the same quarter a year ago, actual revenue was $678.72MBased on 3 analysts’ estimates, the company’s revenue will be $840.6M in the next fiscal year. The high estimate is $840.6M and the low estimate is $840.6M.
