Home News Latest Valuation: Harmonic (NASDAQ: HLIT)

Latest Valuation: Harmonic (NASDAQ: HLIT)


Harmonic is in the communication equipment industry and trades as part of the technology sector. The company CEO is Patrick J. Harshman. Harmonic Inc designs, manufactures and sells video infrastructure products and system solutions. It enables service providers to efficiently deliver the next generation of broadcast and on-demand services.

Previous Intraday Trading Performance:

The HLIT stock showed a previous change of -6.16% with an open at 5.80 and a close of 5.48. It reached an intraday high of 5.81 and a low of 5.46.

PR Newswire:  Harmonic Awarded Patent for Efficient Cloud-Based Video Processing


The stock has a market cap of $475.1m with 86.7m shares outstanding, of which the float is 82.7m shares. Trading volume reached 302,928 shares compared to its average volume of 507,208 shares. Based on the current average volume and close price, the trading liquidity is bad, highly speculative and an investor may want to avoid this stock.

Historical Trading Performance:

Over the last five trading days, Harmonic shares returned -6.32% and in the past 30 trading days it returned -0.36%. Over three months, it changed 1.48%. In one year it has changed 33.66% and within that year its 52-week high was 6.32 and its 52-week low was 2.90. HLIT stock is 88.97% above its 52 Week Low.

Our calculations show a 200 day moving average of 4.59 and a 50 day moving average of 5.62. Currently HLIT stock is trading 19.42% above its 200 day moving average.

PR Newswire:  Harmonic Awarded Patent for Efficient Cloud-Based Video Processing


The last annual fiscal EPS for the company was reported at -1.02 that ended on 31st of December 2017. Based on 4 analyst estimates, the consensus EPS for the next quarter is -0.05. The TTM EPS is -0.16, which comes to a TTM PE of -34.25.

The following are the last four quarter reported earnings per share:
09-30-2018:  -0.02
06-30-2018:  0.01
03-31-2018:  -0.08
12-31-2017:  -0.07

Base on our calculations, the intrinsic value per share is 1.83, which means it may be overvalued by -198.93%

Indicators to Watch:

Based on the latest filings, there is 127.20% of institutional ownership. Short-interest is 0, which is 0.00% of shares outstanding. The short-interest ratio or days-to-cover ratio is 0.00.

The current calculated beta is 0.68

SeekingAlpha:  Guess? Inc. (GES) CEO Victor Herrero on Q3 2019 Results – Earnings Call Transcript

Fundamental Indicators:

Based on last reported financials, the company’s return on equity is -16.41%, return on assets is -7.15%, profit margin is -8.77%, price-to-sales is 1.30 and price-to-book is 2.13.

Company Scores:

All scores are out of six:
 0  :Valuation Score
 0  :Past Performance Score
 4  :Financial Strength Score
 1  :Future Growth Score
 0  :Dividend Score
 1  :Overall Score

John Jones
Worked for several Wall Street firms: Salomon Smith Barney, UBS, and Charles Schwab. Has developed skills and gained extensive experience over the years that is used today to uncover winning penny stocks.Also was an attorney for small businesses in Scottsdale, Arizona. That experience and understanding of law provides a unique perspective and edge in discovering quality companies in various industries.