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NASDAQ: HLIT
Harmonic Inc Stock

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$15.03+0.00 (+0%)
Updated Dec 2, 2022
HLIT Price
$15.03
Fair Value Price
$16.29
Market Cap
$1.58B
52 Week Low
$8.25
52 Week High
$15.80
P/E
36.66x
P/B
5.27x
P/S
2.23x
PEG
N/A
Dividend Yield
N/A
Revenue
$616.43M
Earnings
$41.91M
Gross Margin
50%
Operating Margin
7.86%
Profit Margin
6.8%
Debt to Equity
1.32
Operating Cash Flow
-$7M
Beta
0.95
Next Earnings
Jan 30, 2023
Ex-Dividend
N/A
Next Dividend
N/A

HLIT Overview

Harmonic Inc., together with its subsidiaries, provide video delivery software, products, system solutions, and services worldwide. The company operates in two segments, Video and Cable Access. The Video segment sells video processing, production, and playout solutions and services to cable operators, and satellite and telecommunications Pay-TV service providers, as well as to broadcast and media, including streaming media companies. This segment's video processing appliance solutions include network management and application software, and hardware products, such as encoders, video servers, high-density stream processing systems, and edge processors. This segment also provides software-as-a-service (SaaS) solutions, which enables the packaging and delivery of streaming services, including live streaming, video-on-demand, catch-up TV, start-over TV, network-DVR, and cloud-DVR services through HTTP streaming to various device along with dynamic and personal ad insertion. The Cable Access segment offers CableOS software-based cable access solutions; and CableOS central cloud services primarily to cable operators. Its products enable customers to create, prepare, store, playout, and deliver a range of broadcast and streaming video services to consumer devices, including televisions, personal computers, laptops, tablets, and smart phones. The company also provides technical support and professional services, such as maintenance and support, consulting, implementation, program management, technical design and planning, building and site preparation, integration and equipment installation, end-to-end system testing, and training. It sells its products through its direct sales force, as well as through independent resellers and systems integrators. The company was incorporated in 1988 and is headquartered in San Jose, California.

Zen Score

Industry Average (30)
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Due Diligence Checks

HLIT ($15.03) is undervalued by 7.72% relative to our estimate of its Fair Value price of $16.29 based on Discounted Cash Flow (DCF) modelling, but does not have a significant margin of safety
Below Fair Value Valuation
HLIT ($15.03) is not significantly undervalued (7.72%) relative to our estimate of its Fair Value price of $16.29 based on Discounted Cash Flow (DCF) modelling, when including a healthy margin of safety
Significantly Below Fair Value Valuation
HLIT is forecast by analysts... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation
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HLIT News

Valuation

HLIT fair value

Fair Value of HLIT stock based on Discounted Cash Flow (DCF)
Price
$15.03
Fair Value
$16.29
Undervalued by
7.72%
HLIT ($15.03) is undervalued by... subscribe to Premium to read more.
Below Fair Value Valuation
HLIT ($15.03) is not significantly... subscribe to Premium to read more.
Significantly Below Fair Value Valuation
HLIT is forecast by analysts... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation

HLIT price to earnings (PE)

For valuing profitable companies with steady earnings
Company
36.66x
Industry
18.01x
Market
21.89x
HLIT is poor value based... subscribe to Premium to read more.
P/E vs Industry Valuation
HLIT is poor value based... subscribe to Premium to read more.
P/E vs Market Valuation

HLIT price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
5.27x
Industry
3.48x
HLIT is poor value based... subscribe to Premium to read more.
P/B vs Industry Valuation

HLIT's financial health

Profit margin

Revenue
$155.7M
Net Income
$8.7M
Profit Margin
5.6%
HLIT's cash and short-term investments... subscribe to Premium to read more.
Interest Coverage Financials
HLIT's profit margin has increased... subscribe to Premium to read more.
Profit Margin Growth Financials

Assets to liabilities

Assets
$697.9M
Liabilities
$397.3M
Debt to equity
1.32
HLIT's short-term assets ($336.68M) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
HLIT's short-term assets ($336.68M) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
HLIT's debt relative to shareholder... subscribe to Premium to read more.
Shrinking Debt Financials
HLIT's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
-$8.2M
Investing
-$1.9M
Financing
-$2.1M
HLIT's cash and short-term investments... subscribe to Premium to read more.
Debt Coverage Financials

HLIT vs Communication Equipment Stocks

TickerMarket Cap1d %P/EP/B
HLIT$1.58B0.00%36.66x5.27x
ADTN$1.62B+1.51%-32.61x1.86x
SATX$1.50B+33.17%-10.86x-32.83x
CLFD$1.68B-3.23%34.03x11.41x
KN$1.48B+1.56%-11.56x1.26x

Harmonic Stock FAQ

What is Harmonic's quote symbol?

NASDAQ: HLIT) Harmonic trades on the NASDAQ under the ticker symbol HLIT. Harmonic stock quotes can also be displayed as NASDAQ: HLIT.

If you're new to stock investing, here's how to buy Harmonic stock.

What is the 52 week high and low for Harmonic (NASDAQ: HLIT)?

(NASDAQ: HLIT) Harmonic's 52-week high was $15.80, and its 52-week low was $8.25. It is currently -4.87% from its 52-week high and 82.18% from its 52-week low.

How much is Harmonic stock worth today?

(NASDAQ: HLIT) Harmonic currently has 105,436,413 outstanding shares. With Harmonic stock trading at $15.03 per share, the total value of Harmonic stock (market capitalization) is $1.58B.

Harmonic stock was originally listed at a price of $5.44 in Dec 31, 1997. If you had invested in Harmonic stock at $5.44, your return over the last 24 years would have been 176.29%, for an annualized return of 4.33% (not including any dividends or dividend reinvestments).

How much is Harmonic's stock price per share?

(NASDAQ: HLIT) Harmonic stock price per share is $15.03 today (as of Dec 2, 2022).

What is Harmonic's Market Cap?

(NASDAQ: HLIT) Harmonic's market cap is $1.58B, as of Dec 5, 2022.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

Harmonic's market cap is calculated by multiplying HLIT's current stock price of $15.03 by HLIT's total outstanding shares of 105,436,413.
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