Working with TipRanks
Follow Us
Stocks
ETFs
Options
Commodities
Crypto
Currency
Research Tools
Calendars
Economic Indicators
Calculators
Education
About Us
Working with TipRanks
Follow Us
Harmonic Inc. (DE:HMC)
FRANKFURT:HMC
Harmonic (HMC) Stock Price & Analysis
1 Followers
HMC Stock Chart & Stats
Day’s Range€0 - €0
52-Week Range€8.46 - €16.98
Previous Close€8.48
Volume0.00
Average Volume (3M)206.00
Market Cap
€961.97M
Enterprise Value€1.03B
Total Cash (Recent Filing)$84.27M
Total Debt (Recent Filing)$156.05M
Price to Earnings (P/E)N/A
Beta0.35
Next Earnings
Apr 29, 2024EPS Estimate
>-€0.01Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)N/A
Shares Outstanding111,908,849
10 Day Avg. Volume0
30 Day Avg. Volume206
Standard DeviationN/A
R-SquaredN/A
AlphaN/A
Financial Highlights & Ratios
Price to Book (P/B)5.21
Price to Sales (P/S)1.56
Price to Cash Flow (P/CF)41.10
P/FCF Ratio62.60
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.69
Enterprise Value/Gross Profit3.29
Enterprise Value/Ebitda29.41
Forecast
1Y Price Target
€14.58Price Target Upside71.89% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering5
Harmonic News
PremiumPress Releases
Harmonic Announces First Quarter 2024 Results
PremiumPre-Earnings
Is HLIT a Buy, Before Earnings?
PremiumPress Releases
Harmonic Announces CEO Succession
Bulls Say, Bears Say
Bulls Say
Financial PerformanceHarmonic's earnings surpassing expectations, with significant revenue and EPS beats, reflect the company's strong market performance and operational excellence.
Leadership TransitionThe appointment of Nimrod Ben-Natan as the new CEO with his extensive experience and product knowledge signals a promising future for the company's leadership.
Market OutlookWith a robust backlog and positive book-to-bill ratio, Harmonic is poised for considerable revenue growth, buoyed by increasing investments from cable operators.
Bears Say
Business Segment PerformanceThe Video business has been a drag on growth and profitability after segment sales declined 20% and operating margins slid to -4% during 2023.
Financial GuidanceThe guidance update shows us the situation isn't improving – the updated range was below the midpoint of the previous range, and implies a 17% Q/Q decline.
Revenue GuidanceFull-year 2024 revenue guidance now calls for $655-710m in sales, below the Street's expectation.
---
Options Prices
Currently, No data available
---
Ownership Overview
0.00% Insiders
0.00% Mutual Funds
4.40% Other Institutional Investors
95.60% Public Companies and
Individual Investors
HMC FAQ
What was Harmonic Inc.’s price range in the past 12 months?
Harmonic Inc. lowest stock price was €8.46 and its highest was €16.98 in the past 12 months.
What is Harmonic Inc.’s market cap?
Currently, no data Available
When is Harmonic Inc.’s upcoming earnings report date?
Harmonic Inc.’s upcoming earnings report date is Apr 29, 2024 which is 4 days ago.
How were Harmonic Inc.’s earnings last quarter?
Harmonic Inc. released its earnings results on Jan 29, 2024. The company reported €0.121 earnings per share for the quarter, beating the consensus estimate of €0.094 by €0.027.
Is Harmonic Inc. overvalued?
According to Wall Street analysts Harmonic Inc.’s price is currently Undervalued.
Does Harmonic Inc. pay dividends?
Harmonic Inc. does not currently pay dividends.
What is Harmonic Inc.’s EPS estimate?
Harmonic Inc.’s EPS estimate is >-€0.01.
How many shares outstanding does Harmonic Inc. have?
Currently, no data Available
What happened to Harmonic Inc.’s price movement after its last earnings report?
Harmonic Inc. reported an EPS of €0.121 in its last earnings report, beating expectations of €0.094. Following the earnings report the stock price went down -0.491%.
Which hedge fund is a major shareholder of Harmonic Inc.?
Among the largest hedge funds holding Harmonic Inc.’s share is Royce & Associates LLC. It holds Harmonic Inc.’s shares valued at 11M.
---
Harmonic Stock Smart Score
Underperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
€14.58 (71.89% Upside)
€14.58 (71.89% Upside)
Blogger Sentiment
Bullish
DE:HMC Sentiment 80%
Sector Average 69%
Sector Average 69%
Insider Transactions
Sold Shares
Worth $2.2M over
the Last 3 Months
the Last 3 Months
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-33.38%
12-Months-Change
Fundamentals
Return on Equity
22.06%
Trailing 12-Months
Asset Growth
8.20%
Trailing 12-Months
Company Description
Harmonic Inc.
Harmonic, Inc. engages in the development and sale of video delivery software, products, system solutions, and services. It operates through the Video and Cable Edge segments. The Video segment sells video processing and production and playout services to cable operators, satellite and telecommunications pay-TV service providers, and broadcast and media companies, including streaming new media companies. The Cable Edge segment markets cable access solutions and related services, such as CableOS software-based Converged Cable Access Platform (CCAP) solutions. The company was founded in June 1988 and is headquartered in San Jose, CA.
---
HMC Company Deck
---
HMC Earnings Call
Q4 2024
0:00 / 0:00
---
HMC Stock 12 Months Forecast
Average Price Target
€14.58
▲(71.89% Upside)
Technical Analysis
Best Analysts Covering HMC
1 Year
1 Year Success Rate
19/29 ratings generated profit
1 Year Average Return
+8.19%
reiterated a buy rating 5 months ago
Copying Simon Leopold's trades and holding each position for 1 Year would result in 65.52% of your transactions generating a profit, with an average return of +8.19% per trade.
---