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How to buy Harmonic stock
Learn how to easily invest in Harmonic stock.
Harmonic Inc is a communication equipment business based in the US. Harmonic shares (HLIT) are listed on the NASDAQ and all prices are listed in US Dollars. Harmonic employs 1,299 staff and has a trailing 12-month revenue of around $587 million.
How to buy shares in Harmonic
- Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
- Open your brokerage account. Complete an application with your details.
- Confirm your payment details. Fund your account.
- Research the stock. Find the stock by name or ticker symbol – HLIT – and research it before deciding if it's a good investment for you.
- Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
- Check in on your investment. Optimize your portfolio by tracking your stock.
Harmonic stock price (NASDAQ: HLIT)Use our graph to track the performance of HLIT stocks over time.
Harmonic shares at a glance
|Latest market close||$11.07|
|52-week range||$8.25 - $12.22|
|50-day moving average||$10.97|
|200-day moving average||$9.93|
|Wall St. target price||$15.42|
|Dividend yield||$0 (0%)|
|Earnings per share (TTM)||$0.31|
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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.
Is it a good time to buy Harmonic stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
Harmonic price performance over time
|1 week (2022-09-16)||-6.82%|
|1 month (2022-08-23)||-0.45%|
|3 months (2022-06-27)||26.23%|
|6 months (2022-03-24)||16.16%|
|1 year (2021-09-27)||21.65%|
|2 years (2020-09-25)||112.48%|
|3 years (2019-09-27)||65.22%|
|5 years (2017-09-27)||262.95%|
Is Harmonic stock undervalued or overvalued?
Valuing Harmonic stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Harmonic's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Harmonic's P/E ratio
Harmonic's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 36x. In other words, Harmonic shares trade at around 36x recent earnings.
That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.
Harmonic's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $52.8 million.
The EBITDA is a measure of a Harmonic's overall financial performance and is widely used to measure a its profitability.
|Revenue TTM||$587 million|
|Operating margin TTM||6.87%|
|Gross profit TTM||$260.3 million|
|Return on assets TTM||3.74%|
|Return on equity TTM||12.3%|
|Market capitalisation||$1.2 billion|
TTM: trailing 12 months
Harmonic share dividends
We're not expecting Harmonic to pay a dividend over the next 12 months.
Have Harmonic's shares ever split?
Harmonic's shares were split on a 2:1 basis on 14 October 1999. So if you had owned 1 share the day before before the split, the next day you'd have owned 2 shares. This wouldn't directly have changed the overall worth of your Harmonic shares – just the quantity. However, indirectly, the new 50% lower share price could have impacted the market appetite for Harmonic shares which in turn could have impacted Harmonic's share price.
Harmonic share price volatility
Over the last 12 months, Harmonic's shares have ranged in value from as little as $8.25 up to $12.22. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Harmonic's is 0.9904. This would suggest that Harmonic's shares are less volatile than average (for this exchange).
Harmonic Inc. , together with its subsidiaries, provide video delivery software, products, system solutions, and services worldwide. The company operates in two segments, Video and Cable Access. The Video segment sells video processing, production, and playout solutions and services to cable operators, and satellite and telecommunications Pay-TV service providers, as well as to broadcast and media, including streaming media companies. This segment's video processing appliance solutions include network management and application software, and hardware products, such as encoders, video servers, high-density stream processing systems, and edge processors. This segment also provides software-as-a-service (SaaS) solutions, which enables the packaging and delivery of streaming services, including live streaming, video-on-demand, catch-up TV, start-over TV, network-DVR, and cloud-DVR services through HTTP streaming to various device along with dynamic and personal ad insertion. The Cable Access segment offers CableOS software-based cable access solutions; and CableOS central cloud services primarily to cable operators.
Harmonic in the news
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Harmonic and Hitron Technologies Join Forces to Offer Sustainable Fiber Solution
Frequently asked questionsWhat percentage of Harmonic is owned by insiders or institutions?
Currently 2.935% of Harmonic shares are held by insiders and 97.396% by institutions. How many people work for Harmonic?
Latest data suggests 1,299 work at Harmonic. When does the fiscal year end for Harmonic?
Harmonic's fiscal year ends in December. Where is Harmonic based?
Harmonic's address is: 2590 Orchard Parkway, San Jose, CA, United States, 95131 What is Harmonic's ISIN number?
Harmonic's international securities identification number is: US4131601027 What is Harmonic's CUSIP number?
Harmonic's Committee on Uniform Securities Identification Procedures number is: 413160102
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