Harmonic Inc.
General ticker "HLIT" information:
- Sector: Information Technology
- Industry: Communication Equipment
- Capitalization: $1.2B (TTM average)
Harmonic Inc. follows the US Stock Market performance with the rate: 38.6%.
Estimated limits based on current volatility of 2.2%: low 9.90$, high 10.36$
Factors to consider:
- Total employees count: 1240 as of 2024
- US accounted for 75.9% of revenue in the fiscal year ended 2024-12-31
- Top business risk factors: Product development delays, Market competition, Supply chain disruptions, Market trends, Technological changes
- Price in estimated range
- Earnings for 9 months up through Q3 are below our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2024-12-31 to 2026-12-31
- 2024-12-31 to 2025-12-31 estimated range: [9.27$, 16.06$]
- 2025-12-31 to 2026-12-31 estimated range: [9.20$, 16.14$]
Financial Metrics affecting the HLIT estimates:
- Positive: with PPE of 18.0 at the end of fiscal year the price was very low
- Positive: 7.54 < Operating profit margin, % of 9.30
- Negative: Industry operating cash flow per share per price (median), % of 1.52 <= 5.42
- Positive: 1.77 < Return on assets ratio (scaled to [-100,100]) of 4.69
- Positive: 0.04 < Operating cash flow per share per price, % of 4.04
- Negative: Industry operating profit margin (median), % of -6.41 <= 2.95
Short-term HLIT quotes
Long-term HLIT plot with estimates
Financial data
| YTD | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating Revenue | $624.96MM | $607.91MM | $678.72MM |
| Operating Expenses | $579.44MM | $585.74MM | $615.59MM |
| Operating Income | $45.52MM | $22.17MM | $63.14MM |
| Non-Operating Income | $-1.03MM | $-3.03MM | $-5.20MM |
| Interest Expense | $5.04MM | $2.70MM | $7.33MM |
| R&D Expense | $120.31MM | $126.28MM | $120.97MM |
| Income(Loss) | $44.48MM | $19.14MM | $57.93MM |
| Taxes | $16.30MM | $-64.85MM | $18.72MM |
| Profit(Loss)* | $28.18MM | $83.99MM | $39.22MM |
| Stockholders Equity | $324.51MM | $436.87MM | $465.26MM |
| Inventory | $120.95MM | $83.98MM | $64.00MM |
| Assets | $710.02MM | $768.21MM | $796.51MM |
| Operating Cash Flow | $5.48MM | $7.06MM | $61.92MM |
| Capital expenditure | $9.25MM | $8.47MM | $9.19MM |
| Investing Cash Flow | $-1.29MM | $-8.47MM | $-9.19MM |
| Financing Cash Flow | $-43.13MM | $-4.99MM | $-33.27MM |
| Earnings Per Share** | $0.27 | $0.75 | $0.34 |
* Profit(Loss) attributable to entity.
** EPS are Split Adjusted, recent splits may be reflected with a delay.