Harmonic Statistics
Share Statistics
Harmonic has 116.53M shares outstanding. The number of shares has increased by 3.94% in one year.
| Shares Outstanding | 116.53M |
| Shares Change (YoY) | n/a |
| Shares Change (QoQ) | -0.18% |
| Owned by Institutions (%) | n/a |
| Shares Floating | 112.69M |
| Failed to Deliver (FTD) Shares | 2.21K |
| FTD / Avg. Volume | 0.21% |
Short Selling Information
The latest short interest is 4.01M, so 3.44% of the outstanding shares have been sold short.
| Short Interest | 4.01M |
| Short % of Shares Out | 3.44% |
| Short % of Float | 3.56% |
| Short Ratio (days to cover) | 3.46 |
Valuation Ratios
The PE ratio is 17.33 and the forward PE ratio is 13.98. Harmonic 's PEG ratio is 1.3.
| PE Ratio | 17.33 |
| Forward PE | 13.98 |
| PS Ratio | 2.39 |
| Forward PS | 1.9 |
| PB Ratio | 3.33 |
| P/FCF Ratio | -1028.2 |
| PEG Ratio | 1.3 |
Enterprise Valuation
Harmonic Inc. has an Enterprise Value (EV) of 1.53B.
| EV / Earnings | 18.19 |
| EV / Sales | 2.51 |
| EV / EBITDA | 44.81 |
| EV / EBIT | 68.9 |
| EV / FCF | -1078.89 |
Financial Position
The company has a current ratio of 1.21, with a Debt / Equity ratio of 0.3.
| Current Ratio | 1.21 |
| Quick Ratio | 0.91 |
| Debt / Equity | 0.3 |
| Total Debt / Capitalization | 22.97 |
| Cash Flow / Debt | 0.05 |
| Interest Coverage | 8.22 |
Financial Efficiency
Return on equity (ROE) is 0.19% and return on capital (ROIC) is 16.41%.
| Return on Equity (ROE) | 0.19% |
| Return on Assets (ROA) | 0.11% |
| Return on Capital (ROIC) | 16.41% |
| Revenue Per Employee | 491.04K |
| Profits Per Employee | 67.85K |
| Employee Count | 1.24K |
| Asset Turnover | 0.79 |
| Inventory Turnover | 3.52 |
Taxes
| Income Tax | -64.85M |
| Effective Tax Rate | -3.39 |
Stock Price Statistics
The stock price has increased by 20.6% in the last 52 weeks. The beta is 0.89, so Harmonic 's price volatility has been higher than the market average.
| Beta | 0.89 |
| 52-Week Price Change | 20.6% |
| 50-Day Moving Average | 12.95 |
| 200-Day Moving Average | 12.57 |
| Relative Strength Index (RSI) | 61.95 |
| Average Volume (20 Days) | 1.06M |
Income Statement
In the last 12 months, Harmonic had revenue of $607.91M and earned $83.99M in profits. Earnings per share was $0.75.
| Revenue | 607.91M |
| Gross Profit | 312.55M |
| Operating Income | 22.17M |
| Net Income | 83.99M |
| EBITDA | 34.09M |
| EBIT | 22.17M |
| Earnings Per Share (EPS) | 0.75 |
Balance Sheet
The company has $84.27M in cash and $156.05M in debt, giving a net cash position of -$71.78M.
| Cash & Cash Equivalents | 84.27M |
| Total Debt | 156.05M |
| Net Cash | -71.78M |
| Retained Earnings | -1.96B |
| Total Assets | 759.86M |
| Working Capital | 174.71M |
Cash Flow
In the last 12 months, operating cash flow was $7.06M and capital expenditures -$8.47M, giving a free cash flow of -$1.42M.
| Operating Cash Flow | 7.06M |
| Capital Expenditures | -8.47M |
| Free Cash Flow | -1.42M |
| FCF Per Share | -0.01 |
Margins
Gross margin is 51.41%, with operating and profit margins of 3.65% and 13.82%.
| Gross Margin | 51.41% |
| Operating Margin | 3.65% |
| Pretax Margin | 3.15% |
| Profit Margin | 13.82% |
| EBITDA Margin | 5.61% |
| EBIT Margin | 3.65% |
| FCF Margin | -0.23% |
Dividends & Yields
HLIT does not appear to pay any dividends at this time.
| Dividend Per Share | n/a |
| Dividend Yield | n/a |
| Dividend Growth (YoY) | n/a |
| Payout Ratio | n/a |
| Earnings Yield | 5.67% |
| FCF Yield | -0.09% |
Analyst Forecast
The average price target for HLIT is $15, which is 13.4% higher than the current price. The consensus rating is "Buy".
| Price Target | $15 |
| Price Target Difference | 13.4% |
| Analyst Consensus | Buy |
| Analyst Count | 6 |
Stock Splits
The last stock split was on Oct 15, 1999. It was a forward split with a ratio of 2:1.
| Last Split Date | Oct 15, 1999 |
| Split Type | forward |
| Split Ratio | 2:1 |
Scores
| Altman Z-Score | 0.4 |
| Piotroski F-Score | 5 |