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Harmonic NasdaqGS:HLIT Stock Report

Last Price

US$12.23

Market Cap

US$1.4b

7D

2.7%

1Y

-31.4%

Updated

03 Jun, 2024

Data

Company Financials +

Harmonic Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Harmonic
Historical stock prices
Current Share PriceUS$12.23
52 Week HighUS$18.43
52 Week LowUS$8.80
Beta0.90
1 Month Change11.59%
3 Month Change-5.63%
1 Year Change-31.45%
3 Year Change62.63%
5 Year Change136.10%
Change since IPO69.41%

Recent News & Updates

Recent updates

Investors Don't See Light At End Of Harmonic Inc.'s (NASDAQ:HLIT) Tunnel And Push Stock Down 27%

Apr 20
Investors Don't See Light At End Of Harmonic Inc.'s (NASDAQ:HLIT) Tunnel And Push Stock Down 27%

We Think Harmonic (NASDAQ:HLIT) Is Taking Some Risk With Its Debt

Apr 15
We Think Harmonic (NASDAQ:HLIT) Is Taking Some Risk With Its Debt

What Does Harmonic Inc.'s (NASDAQ:HLIT) Share Price Indicate?

Apr 01
What Does Harmonic Inc.'s (NASDAQ:HLIT) Share Price Indicate?

Harmonic: Upcoming Report Worthwhile To Be Bullish On

Jan 29

Harmonic Inc.'s (NASDAQ:HLIT) Earnings Haven't Escaped The Attention Of Investors

Jan 05
Harmonic Inc.'s (NASDAQ:HLIT) Earnings Haven't Escaped The Attention Of Investors

We Like These Underlying Return On Capital Trends At Harmonic (NASDAQ:HLIT)

Dec 15
We Like These Underlying Return On Capital Trends At Harmonic (NASDAQ:HLIT)

Harmonic (NASDAQ:HLIT) Has A Pretty Healthy Balance Sheet

Nov 20
Harmonic (NASDAQ:HLIT) Has A Pretty Healthy Balance Sheet

Is Now The Time To Look At Buying Harmonic Inc. (NASDAQ:HLIT)?

Sep 14
Is Now The Time To Look At Buying Harmonic Inc. (NASDAQ:HLIT)?

The Return Trends At Harmonic (NASDAQ:HLIT) Look Promising

Aug 26
The Return Trends At Harmonic (NASDAQ:HLIT) Look Promising

Things Look Grim For Harmonic Inc. (NASDAQ:HLIT) After Today's Downgrade

Aug 08
Things Look Grim For Harmonic Inc. (NASDAQ:HLIT) After Today's Downgrade

We Ran A Stock Scan For Earnings Growth And Harmonic (NASDAQ:HLIT) Passed With Ease

Jul 27
We Ran A Stock Scan For Earnings Growth And Harmonic (NASDAQ:HLIT) Passed With Ease

What Is Harmonic Inc.'s (NASDAQ:HLIT) Share Price Doing?

May 19
What Is Harmonic Inc.'s (NASDAQ:HLIT) Share Price Doing?

Harmonic (NASDAQ:HLIT) Is Doing The Right Things To Multiply Its Share Price

May 06
Harmonic (NASDAQ:HLIT) Is Doing The Right Things To Multiply Its Share Price

Should You Be Adding Harmonic (NASDAQ:HLIT) To Your Watchlist Today?

Apr 20
Should You Be Adding Harmonic (NASDAQ:HLIT) To Your Watchlist Today?

Here's Why Harmonic (NASDAQ:HLIT) Can Manage Its Debt Responsibly

Mar 07
Here's Why Harmonic (NASDAQ:HLIT) Can Manage Its Debt Responsibly

At US$14.79, Is It Time To Put Harmonic Inc. (NASDAQ:HLIT) On Your Watch List?

Feb 03
At US$14.79, Is It Time To Put Harmonic Inc. (NASDAQ:HLIT) On Your Watch List?

Market Participants Recognise Harmonic Inc.'s (NASDAQ:HLIT) Earnings

Jan 20
Market Participants Recognise Harmonic Inc.'s (NASDAQ:HLIT) Earnings

Returns Are Gaining Momentum At Harmonic (NASDAQ:HLIT)

Jan 07
Returns Are Gaining Momentum At Harmonic (NASDAQ:HLIT)

Here's Why Harmonic (NASDAQ:HLIT) Has Caught The Eye Of Investors

Dec 21
Here's Why Harmonic (NASDAQ:HLIT) Has Caught The Eye Of Investors

Does Harmonic (NASDAQ:HLIT) Have A Healthy Balance Sheet?

Dec 06
Does Harmonic (NASDAQ:HLIT) Have A Healthy Balance Sheet?

Is It Time To Consider Buying Harmonic Inc. (NASDAQ:HLIT)?

Nov 02
Is It Time To Consider Buying Harmonic Inc. (NASDAQ:HLIT)?

Shareholder Returns

HLITUS CommunicationsUS Market
7D2.7%-0.6%-0.6%
1Y-31.4%6.9%22.5%

Return vs Industry: HLIT underperformed the US Communications industry which returned 6.9% over the past year.

Return vs Market: HLIT underperformed the US Market which returned 22.5% over the past year.

Price Volatility

Is HLIT's price volatile compared to industry and market?
HLIT volatility
HLIT Average Weekly Movement7.0%
Communications Industry Average Movement6.3%
Market Average Movement5.8%
10% most volatile stocks in US Market15.7%
10% least volatile stocks in US Market2.9%

Stable Share Price: HLIT has not had significant price volatility in the past 3 months.

Volatility Over Time: HLIT's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19881,299Patrick Harshmanwww.harmonicinc.com

Harmonic Inc., together with its subsidiaries, provides broadband solutions worldwide. The company operates through Broadband and Video segments. The Broadband segment sells broadband access solutions and related services, including cOS software-based broadband access solutions to broadband operators; and cOS central cloud services, a subscription service for cOS customers.

Harmonic Inc. Fundamentals Summary

How do Harmonic's earnings and revenue compare to its market cap?
HLIT fundamental statistics
Market capUS$1.43b
Earnings (TTM)US$70.81m
Revenue (TTM)US$572.32m

20.1x

P/E Ratio

2.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
HLIT income statement (TTM)
RevenueUS$572.32m
Cost of RevenueUS$279.60m
Gross ProfitUS$292.72m
Other ExpensesUS$221.91m
EarningsUS$70.81m

Last Reported Earnings

Mar 29, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.61
Gross Margin51.15%
Net Profit Margin12.37%
Debt/Equity Ratio31.8%

How did HLIT perform over the long term?

See historical performance and comparison
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