Harmonic Statistics
Total Valuation
Harmonic has a market cap or net worth of $1.39 billion. The enterprise value is $1.46 billion.
| Market Cap | 1.39B |
| Enterprise Value | 1.46B |
Important Dates
The next estimated earnings date is Monday, July 29, 2024, after market close.
| Earnings Date | Jul 29, 2024 |
| Ex-Dividend Date | n/a |
Share Statistics
Harmonic has 116.54 million shares outstanding. The number of shares has decreased by -4.59% in one year.
| Shares Outstanding | 116.54M |
| Shares Change (YoY) | -4.59% |
| Shares Change (QoQ) | -2.90% |
| Owned by Insiders (%) | 2.27% |
| Owned by Institutions (%) | 105.42% |
| Float | 100.71M |
Valuation Ratios
The trailing PE ratio is 19.85 and the forward PE ratio is 15.28. Harmonic's PEG ratio is -0.21.
| PE Ratio | 19.85 |
| Forward PE | 15.28 |
| PS Ratio | 2.43 |
| Forward PS | 1.89 |
| PB Ratio | 3.39 |
| P/FCF Ratio | 70.98 |
| PEG Ratio | -0.21 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 108.45, with an EV/FCF ratio of 74.57.
| EV / Earnings | 20.59 |
| EV / Sales | 2.55 |
| EV / EBITDA | 108.45 |
| EV / EBIT | 1,284.69 |
| EV / FCF | 74.57 |
Financial Position
The company has a current ratio of 1.10, with a Debt / Equity ratio of 0.38.
| Current Ratio | 1.10 |
| Quick Ratio | 0.69 |
| Debt / Equity | 0.38 |
| Debt / EBITDA | 11.48 |
| Debt / FCF | 7.90 |
| Interest Coverage | 0.42 |
Financial Efficiency
Return on equity (ROE) is 18.50% and return on invested capital (ROIC) is 0.26%.
| Return on Equity (ROE) | 18.50% |
| Return on Assets (ROA) | 9.90% |
| Return on Capital (ROIC) | 0.26% |
| Revenue Per Employee | $421,132 |
| Profits Per Employee | $52,106 |
| Employee Count | 1,359 |
| Asset Turnover | 0.80 |
| Inventory Turnover | 2.57 |
Taxes
| Income Tax | -72.39M |
| Effective Tax Rate | n/a |
Stock Price Statistics
The stock price has decreased by -26.98% in the last 52 weeks. The beta is 0.90, so Harmonic's price volatility has been similar to the market average.
| Beta (5Y) | 0.90 |
| 52-Week Price Change | -26.98% |
| 50-Day Moving Average | 11.25 |
| 200-Day Moving Average | 11.46 |
| Relative Strength Index (RSI) | 59.58 |
| Average Volume (20 Days) | 943,068 |
Short Selling Information
The latest short interest is 7.00 million, so 6.00% of the outstanding shares have been sold short.
| Short Interest | 7.00M |
| Short Previous Month | 6.57M |
| Short % of Shares Out | 6.00% |
| Short % of Float | 6.95% |
| Short Ratio (days to cover) | 7.31 |
Income Statement
In the last 12 months, Harmonic had revenue of $572.32 million and earned $70.81 million in profits. Earnings per share was $0.60.
| Revenue | 572.32M |
| Gross Profit | 291.57M |
| Operating Income | 1.47M |
| Pretax Income | -1.58M |
| Net Income | 70.81M |
| EBITDA | 13.45M |
| EBIT | 1.14M |
| Earnings Per Share (EPS) | $0.60 |
Balance Sheet
The company has $84.31 million in cash and $154.41 million in debt, giving a net cash position of -$70.11 million or -$0.60 per share.
| Cash & Cash Equivalents | 84.31M |
| Total Debt | 154.41M |
| Net Cash | -70.11M |
| Net Cash Per Share | -$0.60 |
| Equity (Book Value) | 409.15M |
| Book Value Per Share | 3.51 |
| Working Capital | 25.99M |
Cash Flow
In the last 12 months, operating cash flow was $27.61 million and capital expenditures -$8.06 million, giving a free cash flow of $19.55 million.
| Operating Cash Flow | 27.61M |
| Capital Expenditures | -8.06M |
| Free Cash Flow | 19.55M |
| FCF Per Share | $0.17 |
Margins
Gross margin is 50.95%, with operating and profit margins of 0.26% and 12.37%.
| Gross Margin | 50.95% |
| Operating Margin | 0.26% |
| Pretax Margin | -0.28% |
| Profit Margin | 12.37% |
| EBITDA Margin | 2.35% |
| EBIT Margin | 0.20% |
| FCF Margin | 3.42% |
Dividends & Yields
Harmonic does not appear to pay any dividends at this time.
| Dividend Per Share | n/a |
| Dividend Yield | n/a |
| Dividend Growth (YoY) | n/a |
| Years of Dividend Growth | n/a |
| Payout Ratio | n/a |
| Buyback Yield | 4.59% |
| Shareholder Yield | 4.59% |
| Earnings Yield | 5.10% |
| FCF Yield | 1.41% |
Analyst Forecast
The average price target for Harmonic is $17.20, which is 44.42% higher than the current price. The consensus rating is "Strong Buy".
| Price Target | $17.20 |
| Price Target Difference | 44.42% |
| Analyst Consensus | Strong Buy |
| Analyst Count | 5 |
| Revenue Growth Forecast (5Y) | n/a |
| EPS Growth Forecast (5Y) | n/a |
Stock Splits
The last stock split was on October 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
Harmonic has an Altman Z-Score of -0.43 and a Piotroski F-Score of 4. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | -0.43 |
| Piotroski F-Score | 4 |