Harmonic Statistics
Total Valuation
Harmonic has a market cap or net worth of $1.03 billion. The enterprise value is $1.10 billion.
| Market Cap | 1.03B |
| Enterprise Value | 1.10B |
Important Dates
The next confirmed earnings date is Monday, April 29, 2024, after market close.
| Earnings Date | Apr 29, 2024 |
| Ex-Dividend Date | n/a |
Share Statistics
Harmonic has 111.91 million shares outstanding. The number of shares has increased by 4.43% in one year.
| Shares Outstanding | 111.91M |
| Shares Change (YoY) | +4.43% |
| Shares Change (QoQ) | +3.28% |
| Owned by Insiders (%) | 2.70% |
| Owned by Institutions (%) | 110.89% |
| Float | 100.33M |
Valuation Ratios
The trailing PE ratio is 12.78 and the forward PE ratio is 15.56. Harmonic's PEG ratio is -0.21.
| PE Ratio | 12.78 |
| Forward PE | 15.56 |
| PS Ratio | 1.69 |
| Forward PS | 1.51 |
| PB Ratio | 2.36 |
| P/FCF Ratio | n/a |
| PEG Ratio | -0.21 |
Enterprise Valuation
| EV / Earnings | 13.11 |
| EV / Sales | 1.81 |
| EV / EBITDA | 32.31 |
| EV / EBIT | 50.43 |
| EV / FCF | n/a |
Financial Position
The company has a current ratio of 1.21, with a Debt / Equity ratio of 0.36.
| Current Ratio | 1.21 |
| Quick Ratio | 0.83 |
| Debt / Equity | 0.36 |
| Debt / EBITDA | 4.58 |
| Debt / FCF | n/a |
| Interest Coverage | 8.10 |
Financial Efficiency
Return on equity (ROE) is 23.10% and return on invested capital (ROIC) is 16.41%.
| Return on Equity (ROE) | 23.10% |
| Return on Assets (ROA) | 11.80% |
| Return on Capital (ROIC) | 16.41% |
| Revenue Per Employee | $447,319 |
| Profits Per Employee | $61,806 |
| Employee Count | 1,359 |
| Asset Turnover | 0.86 |
| Inventory Turnover | 2.88 |
Taxes
| Income Tax | -64.85M |
| Effective Tax Rate | -338.82% |
Stock Price Statistics
The stock price has decreased by -33.86% in the last 52 weeks. The beta is 0.84, so Harmonic's price volatility has been lower than the market average.
| Beta (1Y) | 0.84 |
| 52-Week Price Change | -33.86% |
| 50-Day Moving Average | 12.36 |
| 200-Day Moving Average | 11.59 |
| Relative Strength Index (RSI) | 18.50 |
| Average Volume (30 Days) | 1,944,170 |
Short Selling Information
The latest short interest is 7.62 million, so 6.81% of the outstanding shares have been sold short.
| Short Interest | 7.62M |
| Short Previous Month | 8.36M |
| Short % of Shares Out | 6.81% |
| Short % of Float | 7.60% |
| Short Ratio (days to cover) | 7.14 |
Income Statement
In the last 12 months, Harmonic had revenue of $607.91 million and earned $83.99 million in profits. Earnings per share was $0.72.
| Revenue | 607.91M |
| Gross Profit | 312.55M |
| Operating Income | 22.17M |
| Pretax Income | 19.14M |
| Net Income | 83.99M |
| EBITDA | 34.09M |
| EBIT | 21.84M |
| Earnings Per Share (EPS) | $0.72 |
Balance Sheet
The company has $84.27 million in cash and $156.05 million in debt, giving a net cash position of -$71.78 million or -$0.64 per share.
| Cash & Cash Equivalents | 84.27M |
| Total Debt | 156.05M |
| Net Cash | -71.78M |
| Net Cash Per Share | -$0.64 |
| Equity / Book Value | 436.87M |
| Book Value Per Share | 3.90 |
| Working Capital | 58.34M |
Cash Flow
In the last 12 months, operating cash flow was $7.06 million and capital expenditures -$8.48 million, giving a free cash flow of -$1.42 million.
| Operating Cash Flow | 7.06M |
| Capital Expenditures | -8.48M |
| 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 | 3.59% |
| FCF Margin | -0.23% |
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 | -4.43% |
| Shareholder Yield | -4.43% |
| Earnings Yield | 8.16% |
| FCF Yield | -0.14% |
Analyst Forecast
The average price target for Harmonic is $17.20, which is 86.96% higher than the current price. The consensus rating is "Strong Buy".
| Price Target | $17.20 |
| Price Target Difference | 86.96% |
| 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 -0.74 and a Piotroski F-Score of 6. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | -0.74 |
| Piotroski F-Score | 6 |