Harmonic Inc. (HLIT)
Harmonic Statistics
Share Statistics
Harmonic has 117.05M shares outstanding. The number of shares has increased by 0.44% in one year.
Shares Outstanding | 117.05M |
Shares Change (YoY) | 0.44% |
Shares Change (QoQ) | 0.45% |
Owned by Institutions (%) | 94.68% |
Shares Floating | 113.31M |
Failed to Deliver (FTD) Shares | 506 |
FTD / Avg. Volume | 0.04% |
Short Selling Information
The latest short interest is 2.79M, so 2.38% of the outstanding shares have been sold short.
Short Interest | 2.79M |
Short % of Shares Out | 2.38% |
Short % of Float | 2.88% |
Short Ratio (days to cover) | 2.86 |
Valuation Ratios
The PE ratio is 38.84 and the forward PE ratio is 9.48. Harmonic's PEG ratio is -0.71.
PE Ratio | 38.84 |
Forward PE | 9.48 |
PS Ratio | 2.24 |
Forward PS | 1.3 |
PB Ratio | 3.27 |
P/FCF Ratio | 28.88 |
PEG Ratio | -0.71 |
Enterprise Valuation
Harmonic has an Enterprise Value (EV) of 1.56B.
EV / Sales | 2.29 |
EV / EBITDA | 20.11 |
EV / EBIT | 25.13 |
EV / FCF | 29.51 |
Financial Position
The company has a current ratio of 2.18, with a Debt / Equity ratio of 0.29.
Current Ratio | 2.18 |
Quick Ratio | 1.8 |
Debt / Equity | 0.29 |
Debt / EBITDA | 1.74 |
Debt / FCF | 2.55 |
Interest Coverage | 8.62 |
Financial Efficiency
Return on Equity is 8.43% and Return on Invested Capital is 6.71%.
Return on Equity | 8.43% |
Return on Assets | 4.92% |
Return on Invested Capital | 6.71% |
Revenue Per Employee | $547.36K |
Profits Per Employee | $31.63K |
Employee Count | 1,240 |
Asset Turnover | 0.85 |
Inventory Turnover | 4.89 |
Taxes
Income Tax | 18.72M |
Effective Tax Rate | 32.31% |
Stock Price Statistics
The stock price has increased by -10.81% in the last 52 weeks. The beta is 0.92, so Harmonic's price volatility has been higher than the market average.
Beta | 0.92 |
52-Week Price Change | -10.81% |
50-Day Moving Average | 9.92 |
200-Day Moving Average | 12.27 |
Relative Strength Index (RSI) | 40.28 |
Average Volume (20 Days) | 1.37M |
Income Statement
In the last 12 months, Harmonic had revenue of 678.72M and earned 39.22M in profits. Earnings per share was 0.34.
Revenue | 678.72M |
Gross Profit | 365.92M |
Operating Income | 63.14M |
Net Income | 39.22M |
EBITDA | 77.4M |
EBIT | 65.26M |
Earnings Per Share (EPS) | 0.34 |
Balance Sheet
The company has 101.46M in cash and 134.68M in debt, giving a net cash position of -33.22M.
Cash & Cash Equivalents | 101.46M |
Total Debt | 134.68M |
Net Cash | -33.22M |
Retained Earnings | -1.95B |
Total Assets | 796.51M |
Working Capital | 198.51M |
Cash Flow
In the last 12 months, operating cash flow was 61.92M and capital expenditures -9.19M, giving a free cash flow of 52.73M.
Operating Cash Flow | 61.92M |
Capital Expenditures | -9.19M |
Free Cash Flow | 52.73M |
FCF Per Share | 0.46 |
Margins
Gross margin is 53.91%, with operating and profit margins of 9.3% and 5.78%.
Gross Margin | 53.91% |
Operating Margin | 9.3% |
Pretax Margin | 8.54% |
Profit Margin | 5.78% |
EBITDA Margin | 11.4% |
EBIT Margin | 9.3% |
FCF Margin | 7.77% |
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 | 2.57% |
FCF Yield | 3.46% |
Analyst Forecast
The average price target for HLIT is $12.5, which is 40.3% higher than the current price. The consensus rating is "Hold".
Price Target | $12.5 |
Price Target Difference | 40.3% |
Analyst Consensus | Hold |
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 | -0.12 |
Piotroski F-Score | 7 |