Harmonic Inc
General ticker "HLIT" information:
- Sector: Information Technology
- Industry: Communications Equipment
- Capitalization: $1.5B
Harmonic Inc follows the US Stock Market performance with the rate: 30.9%.
Estimated limits based on current volatility of 1.8%: low 12.99$, high 13.46$
Factors to consider:
- US accounted for 67.3% of revenue in the fiscal year ended 2023-12-31
- Price in estimated range
- Earnings for 9 months up through Q3 exceed 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 2023-12-31 to 2025-12-30
- 2023-12-31 to 2024-12-30 estimated range: [9.39$, 15.73$]
- 2024-12-30 to 2025-12-30 estimated range: [9.68$, 16.25$]
Financial Metrics affecting the HLIT estimates:
- Positive: 0.10 < Non-GAAP EPS, $ of 0.32
- Negative: Operating cash flow per share per price, % of 0.57 <= 2.35
- Positive: 1.03 < Operating profit margin, % of 3.65
- Negative: Industry operating profit margin (median), % of -3.58 <= 2.14
Short-term HLIT quotes
Long-term HLIT plot with estimates
Financial data
| YTD | 2021-12-31 | 2022-12-31 | 2023-12-31 |
|---|---|---|---|
| Operating Revenue | $507.15MM | $624.96MM | $607.91MM |
| Operating Expenses | $488.34MM | $579.44MM | $585.74MM |
| Operating Income | $18.81MM | $45.52MM | $22.17MM |
| Non-Operating Income | $-9.94MM | $-1.03MM | $-3.03MM |
| Interest Expense | $10.62MM | $5.04MM | $2.70MM |
| R&D Expense | $102.23MM | $120.31MM | $126.28MM |
| Income(Loss) | $8.87MM | $44.48MM | $19.14MM |
| Taxes | $-4.38MM | $16.30MM | $-64.85MM |
| Profit(Loss) | $13.25MM | $28.18MM | $83.99MM |
| Stockholders Equity | $295.91MM | $324.51MM | $436.87MM |
| Inventory | $71.19MM | $120.95MM | $83.98MM |
| Assets | $693.69MM | $710.02MM | $768.21MM |
| Operating Cash Flow | $41.02MM | $5.48MM | $7.06MM |
| Capital expenditure | $12.97MM | $9.25MM | $8.47MM |
| Investing Cash Flow | $-12.97MM | $-1.29MM | $-8.47MM |
| Financing Cash Flow | $7.94MM | $-43.13MM | $-4.99MM |
| Earnings Per Share* | $0.13 | $0.27 | $0.75 |
* EPS are Split Adjusted, recent splits may be reflected with a delay.