Stoxline.com

Stock Symbol:   

Stoxline Mobile
Home  |  Stock Charts  |  Showcases  |  Stock Ranks  |  Options  |  ETFs  |  Educations  |  Forex Crypto

Harmonic Inc. (HLIT)

17.405   -0.195 (-1.11%) 05-31 12:51
Open: 17.51 Pre. Close: 17.6
High: 17.63 Low: 17.22
Volume: 254,749 Market Cap: 1,938(M)

Technical analysis

as of: 2023-05-31 12:18:00 PM
Overall:       
Stoxline posted a NEUTRAL today, downgraded from higher rating. Current trend continues, but could change at anytime. It is not a good time to buy or sell.
Target: Six months: 20.6     One year: 24.06
Support: Support1: 14.96    Support2: 13.31
Resistance: Resistance1: 17.63    Resistance2: 20.6
Pivot: 16.59
Moving Average: MA(5): 17.04     MA(20): 15.84
MA(100): 14.4     MA(250): 12.9
MACD: MACD(12,26): 0.7     Signal(9): 0.6
Stochastic oscillator: %K(14,3): 95.6     %D(3): 94.3
RSI: RSI(14): 69.6
52-week: High: 17.63  Low: 8.27
Average Vol(K): 3-Month: 1,395 (K)  10-Days: 936 (K)

Price, moving averages and Bollinger Bands

Price has closed above its short-term moving average. Short-term moving average is currently above mid-term; and above long-term moving average. From the relationship between price and moving averages: This stock is BULLISH in short-term; and BULLISH in mid-long term.
[ HLIT ] has closed below upper band by 7.2%. Bollinger Bands are 30.8% narrower than normal. The current width of the bands does not suggest anything about the future direction or movement of prices.

Stock Price Prediction

Update at 5:00pm EST
If tomorrow: Open lower Open higher
High: 17.64 - 17.7 17.7 - 17.76
Low: 16.81 - 16.88 16.88 - 16.96
Close: 17.47 - 17.58 17.58 - 17.69

Company Description

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. Its products enable customers to create, prepare, store, playout, and deliver a range of broadcast and streaming video services to consumer devices, including televisions, personal computers, laptops, tablets, and smart phones. The company also provides technical support and professional services, such as maintenance and support, consulting, implementation, program management, technical design and planning, building and site preparation, integration and equipment installation, end-to-end system testing, and training. It sells its products through its direct sales force, as well as through independent resellers and systems integrators. The company was incorporated in 1988 and is headquartered in San Jose, California.

Headline News

Wed, 31 May 2023
Harmonic Receives Buy Rating from Rosenblatt Analyst with 22 ... - Best Stocks

Tue, 30 May 2023
The Imperial Brands share price is down 15% in 2023. Is it time to buy? - Yahoo Lifestyle UK

Mon, 29 May 2023
Should You Investigate Harmonic Inc. (NASDAQ:HLIT) At US$17.08? - Yahoo Finance

Sun, 28 May 2023
CoreCap Advisors LLC Purchases Shares of 9023 Harmonic Inc ... - MarketBeat

Thu, 25 May 2023
Harmonic to Participate in the Jefferies Software Conference and the ... - PR Newswire

Wed, 24 May 2023
2023-05-24 | NDAQ:HLIT | Press Release | Harmonic Inc. - Stockhouse Publishing

Financial Analysis

Price to Book Value: Outperform
P/BV, a ratio used to compare book value to its current market price, to gauge whether a stock is valued properly.
Price to Earnings: Outperform
PE, the ratio for valuing a company that measures its current share price relative to its earnings per share (EPS).
Discounted cash flow: Outperform
DCF, a valuation method used to estimate the value of an investment based on its expected future cash flows.
Return on Assets: Neutral
ROA, indicates how profitable a company is in relation to its total assets, how efficiently uses assets to generate a profit.
Return on Equity: Neutral
ROE, a measure of financial performance calculated by dividing net income by equity. a gauge of profitability and efficiency.
Debt to Equity: Outperform
evaluate financial leverage, reflects the ability of equity to cover outstanding debts in the event of a business downturn.
Free Technical Analysis Charts

Stock Basics & Statistics

Exchange:  NASDAQ
Sector:  Technology
Industry:  Communication Equipment
Shares Out. 111 (M)
Shares Float 100 (M)
% Held by Insiders 3 (%)
% Held by Institutions 97.7 (%)
Shares Short 8,110 (K)
Shares Short P.Month 8,270 (K)

Stock Financials

EPS 0.3
EPS Est Next Qtl 0
EPS Est This Year 0
EPS Est Next Year 0
Book Value (p.s.) 3.01
Profit Margin (%) 5.4
Operating Margin (%) 8.9
Return on Assets (ttm) 5
Return on Equity (ttm) 11.2
Qtrly Rev. Growth 6.9
Gross Profit (p.s.) 2.84
Sales Per Share 5.7
EBITDA (p.s.) 0.62
Qtrly Earnings Growth 0
Operating Cash Flow 39 (M)
Levered Free Cash Flow 39 (M)

Stock Valuations

PE Ratio 57.93
PEG Ratio 1.2
Price to Book value 5.75
Price to Sales 3.04
Price to Cash Flow 49.33

Stock Dividends

Dividend 0
Forward Dividend 0
Dividend Yield 0%
Dividend Pay Date Invalid DateTime.
Ex-Dividend Date Invalid DateTime.
Your Ad Here
android_stock_chart
StockChart iOS
stoxline_lite
StoxlineLite iOS
stoxline_pro
StoxlineLite iOS
Option_Calculator
OptionCalc iOS
android_stock_chart
StockChart Android
stoxline_lite
StoxlineLite Android
stoxline_pro
StoxlinePro Android
Option_Calculator
OptionCalc Android
(c) 2006-2022 Stoxline.com | Contact us           
Data and information is provided for informational purposes only, and is not intended for trading purposes. Neither Stoxline.com nor its data provider shall be liable for any errors or delays in the content, or for any actions taken in reliance thereon. By accessing the Stoxline.com web site, a user agrees not to redistribute the information found therein.