Harmonic Statistics
Total Valuation
Harmonic has a market cap or net worth of $1.55 billion. The enterprise value is $1.65 billion.
Important Dates
The next estimated earnings date is Monday, January 27, 2025, after market close.
| Earnings Date | Jan 27, 2025 |
| Ex-Dividend Date | n/a |
Share Statistics
Harmonic has 116.53 million shares outstanding. The number of shares has decreased by -0.56% in one year.
| Current Share Class | 116.53M |
| Shares Outstanding | 116.53M |
| Shares Change (YoY) | -0.56% |
| Shares Change (QoQ) | +2.02% |
| Owned by Insiders (%) | 2.47% |
| Owned by Institutions (%) | 93.11% |
| Float | 113.60M |
Valuation Ratios
The trailing PE ratio is 18.22 and the forward PE ratio is 13.83.
| PE Ratio | 18.22 |
| Forward PE | 13.83 |
| PS Ratio | 2.44 |
| Forward PS | 2.09 |
| PB Ratio | 3.62 |
| P/TBV Ratio | 8.20 |
| P/FCF Ratio | 153.88 |
| P/OCF Ratio | 78.98 |
| PEG Ratio | n/a |
Financial Ratio HistoryEnterprise Valuation
The stock's EV/EBITDA ratio is 25.33, with an EV/FCF ratio of 163.09.
| EV / Earnings | 19.37 |
| EV / Sales | 2.64 |
| EV / EBITDA | 25.33 |
| EV / EBIT | 31.22 |
| EV / FCF | 163.09 |
Financial Position
The company has a current ratio of 2.08, with a Debt / Equity ratio of 0.35.
| Current Ratio | 2.08 |
| Quick Ratio | 1.46 |
| Debt / Equity | 0.35 |
| Debt / EBITDA | 2.05 |
| Debt / FCF | 14.98 |
| Interest Coverage | 9.75 |
Financial Efficiency
Return on equity (ROE) is 22.07% and return on invested capital (ROIC) is 6.12%.
| Return on Equity (ROE) | 22.07% |
| Return on Assets (ROA) | 4.59% |
| Return on Capital (ROIC) | 6.12% |
| Revenue Per Employee | $458,902 |
| Profits Per Employee | $62,500 |
| Employee Count | 1,359 |
| Asset Turnover | 0.87 |
| Inventory Turnover | 3.38 |
Taxes
| Income Tax | -74.29M |
| Effective Tax Rate | n/a |
Stock Price Statistics
The stock price has increased by +16.33% in the last 52 weeks. The beta is 0.93, so Harmonic's price volatility has been similar to the market average.
| Beta (5Y) | 0.93 |
| 52-Week Price Change | +16.33% |
| 50-Day Moving Average | 12.91 |
| 200-Day Moving Average | 12.58 |
| Relative Strength Index (RSI) | 57.25 |
| Average Volume (20 Days) | 1,084,363 |
Short Selling Information
The latest short interest is 3.40 million, so 2.91% of the outstanding shares have been sold short.
| Short Interest | 3.40M |
| Short Previous Month | 3.92M |
| Short % of Shares Out | 2.91% |
| Short % of Float | 2.99% |
| Short Ratio (days to cover) | 2.37 |
Income Statement
In the last 12 months, Harmonic had revenue of $623.65 million and earned $84.94 million in profits. Earnings per share was $0.73.
| Revenue | 623.65M |
| Gross Profit | 323.82M |
| Operating Income | 52.69M |
| Pretax Income | -27.04M |
| Net Income | 84.94M |
| EBITDA | 64.94M |
| EBIT | 52.69M |
| Earnings Per Share (EPS) | $0.73 |
Full Income StatementBalance Sheet
The company has $58.17 million in cash and $151.12 million in debt, giving a net cash position of -$92.95 million or -$0.80 per share.
| Cash & Cash Equivalents | 58.17M |
| Total Debt | 151.12M |
| Net Cash | -92.95M |
| Net Cash Per Share | -$0.80 |
| Equity (Book Value) | 428.94M |
| Book Value Per Share | 3.68 |
| Working Capital | 174.71M |
Full Balance SheetCash Flow
In the last 12 months, operating cash flow was $19.65 million and capital expenditures -$9.57 million, giving a free cash flow of $10.09 million.
| Operating Cash Flow | 19.65M |
| Capital Expenditures | -9.57M |
| Free Cash Flow | 10.09M |
| FCF Per Share | $0.09 |
Full Cash Flow StatementMargins
Gross margin is 51.92%, with operating and profit margins of 8.45% and 13.62%.
| Gross Margin | 51.92% |
| Operating Margin | 8.45% |
| Pretax Margin | 1.71% |
| Profit Margin | 13.62% |
| EBITDA Margin | 10.41% |
| EBIT Margin | 8.45% |
| FCF Margin | 1.62% |
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 | 0.56% |
| Shareholder Yield | 0.56% |
| Earnings Yield | 5.47% |
| FCF Yield | 0.65% |
Dividend DetailsAnalyst Forecast
The average price target for Harmonic is $15.25, which is 14.49% higher than the current price. The consensus rating is "Buy".
| Price Target | $15.25 |
| Price Target Difference | 14.49% |
| Analyst Consensus | Buy |
| Analyst Count | 6 |
| Revenue Growth Forecast (5Y) | n/a |
| EPS Growth Forecast (5Y) | n/a |
Stock ForecastsStock 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 0.14 and a Piotroski F-Score of 4. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 0.14 |
| Piotroski F-Score | 4 |