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Harmonic Inc
NASDAQ:HLIT

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Harmonic Inc Logo
Harmonic Inc
NASDAQ:HLIT
Watchlist
Price: 13.56 USD +0.97% Market Closed
Updated: Dec 10, 2022

Intrinsic Value

The intrinsic value of one HLIT stock under the Base Case scenario is 15.33 USD. Compared to the current market price of 13.56 USD, Harmonic Inc is Undervalued by 12%.

The Intrinsic Value is calculated as the average of the two valuation methods:

HLIT Intrinsic Value
Base Case
15.33 USD
Undervaluation 12%
Intrinsic Value
Price
Worst Case
Base Case
Best Case

Fundamental Analysis

HLIT Profitability Score
Profitability Due Diligence

Harmonic Inc's profitability score is 52/100. The higher the profitability score, the more profitable the company is.

Negative 3-Year Average ROE
Positive Net Income
Low 3-Year Average ROIC
Positive Operating Income
52/100
Profitability
Score

Harmonic Inc's profitability score is 52/100. The higher the profitability score, the more profitable the company is.

HLIT Solvency Score
Solvency Due Diligence

Harmonic Inc's solvency score is 49/100. The higher the solvency score, the more solvent the company is.

Low Altman Z-Score
Positive Net Debt
High Interest Coverage
Short-Term Liabilities
49/100
Solvency
Score

Harmonic Inc's solvency score is 49/100. The higher the solvency score, the more solvent the company is.

Financials
Efficiency
50%
Gross Margin
8%
Operating Margin
7%
Net Margin
-3%
FCF Margin
15%
ROE
9%
ROIC
Other

HLIT Capital Structure
Harmonic Inc

Market Capitalization 1.4B USD
Total Debt 124M USD
Minority Interest 0 USD
Preferred Equity 0 USD
Cash and Equivalents 105M USD
Short-Term Investments 0 USD
Enterprise Value 1.4B USD

Wall St
Price Targets

HLIT Price Targets Summary
Harmonic Inc

Wall Street analysts forecast HLIT stock price to rise over the next 12 months.

According to Wall Street analysts, the average 1-year price target for HLIT is 18.06 USD with a low forecast of 14.39 USD and a high forecast of 21 USD.

Lowest
Price Target
14.39 USD
6% Upside
Average
Price Target
18.06 USD
33% Upside
Highest
Price Target
21 USD
55% Upside
View Analyst Estimates
View Analyst Estimates

Competitive Landscape

HLIT Competitors
Harmonic Inc

HLIT Suppliers & Customers
Harmonic Inc

Harmonic Inc has 8 key suppliers from 2 countries and 4 industries. The majority of these suppliers are located in the United States of America, with the largest number of suppliers in the Media industry.

Harmonic Inc has 23 key customers from 7 countries and 5 industries. The majority of these customers are located in the United States of America, with the largest number of customers in the Telecommunication industry.

Ownership

HLIT Insider Trading
Buy and sell transactions by insiders

Harmonic Inc insiders have only sold shares in the past 12 months.

During the last 12 months Harmonic Inc insiders have not bought any shares, and sold 7.8M USD worth of shares. The last transaction was made on Dec 10, 2022 by Ben-Natan Nimrod (SVP & GM, Broadband Business), who sold 745k USD worth of HLIT shares.

Sold
0-3
months
5.5M USD
3
3-6
months
1.4M USD
3
6-9
months
951k USD
2
9-12
months
0 USD
0
Bought
0-3
months
0
0 USD
3-6
months
0
0 USD
6-9
months
0
0 USD
9-12
months
No Insider Transactions
0
0 USD
Cumulative Transactions Amount
Period Sold Bought Net
3 Months
5.5M USD
N/A
-5.5M
6 Months
6.8M USD
N/A
-6.8M
9 Months
7.8M USD
N/A
-7.8M
12 Months
7.8M USD
N/A
-7.8M
Purchases
22
Sales
149
Why is insider trading important?

Shareholder Return

HLIT Price
Harmonic Inc

1M 1M
+0%
6M 6M
+47%
1Y 1Y
+25%
3Y 3Y
+65%
5Y 5Y
+215%
Annual Price Range
13.56
52w Low
8.3
52w High
15.65
Price Metrics
Average Annual Return 16.76%
Standard Deviation of Annual Returns 30.77%
Max Drawdown -32%
Shares Statistics
Market Capitalization 1.4B USD
Shares Outstanding 105 436 000
Percentage of Shares Shorted 13.35%

Company Profile

Harmonic Inc

Country

United States of America

Industry

Communications

Market Cap

1.4B USD

Dividend Yield

0%

Description

Harmonic, Inc. engages in the development and sale of video delivery software, products, system solutions, and services. The company is headquartered in San Jose, California and currently employs 1,267 full-time employees. The firm operates through two segments: video and cable access. The Video business sells video processing and production and playout solutions and services to cable operators and satellite and telecommunications (telco) pay television (TV) service providers. The Cable Access business sells cable access solutions and related services, including its CableOS software-based cable access solution, primarily to cable operators. The company offers a range of services such as broadcast and streaming video services to consumer, devices, including televisions, personal computers, laptops, tablets, and smart phones, and cable access solutions. Its cable access products and solutions include software-based cable access solutions and Narrowcast Services Gateway (NSG) products. The firm also provides technical support and professional services.

Contact

CALIFORNIA
San Jose
2590 Orchard Parkway
+18008285521.0
http://www.harmonicinc.com/

IPO

1995-05-22

Employees

1 267

Officers

Pres, CEO & Director
Dr. Patrick J. Harshman
Sr. VP & CFO
Mr. Sanjay Kalra
Sr. VP of Global Sales & Video Services
Mr. Ian Graham
Sr. VP of R&D - Video Bus.
Mr. Neven Haltmayer
Sr. VP & GM of Broadband Bus.
Mr. Nimrod Ben-Natan
Sr. VP of Operations & IT
Mr. Jean-Marc Guiot
Show More
Fin. & Investor Relations Mang.
Mr. Michael Smiley
Gen. Counsel, Sr. VP of HR & Corp. Sec.
Mr. Timothy C. Chu
Sr. VP of Corp. Marketing & Communications
Ms. Crystele Trevisan-Jallu
Sr. VP of Corp. Devel.
Mr. Shahar Bar
Show Less

See Also

Similar Stocks
What is the Intrinsic Value of one HLIT stock?

The intrinsic value of one HLIT stock under the Base Case scenario is 15.33 USD.

Is HLIT stock undervalued or overvalued?

Compared to the current market price of 13.56 USD, Harmonic Inc is Undervalued by 12%.