Harmonic, Inc [HLIT] stock is trading at $10.21, down -2.67%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The HLIT shares have gain 3.03% over the last week, with a monthly amount glided 16.55%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
On October 29, 2024, downgrade downgraded it’s rating to Outperform and revised its price target to $14 on the stock. Jefferies downgraded its rating to a Hold. Raymond James upgraded its rating to a Strong Buy and raised its price target to $16 on August 10, 2023. Jefferies upgraded its rating to Buy for this stock on January 09, 2023, and upped its price target to $19. In a note dated May 24, 2022, Rosenblatt initiated a Buy rating and provided a target price of $15 on this stock.
Harmonic, Inc [HLIT] stock has fluctuated between $7.80 and $15.46 over the past year. Currently, Wall Street analysts expect the stock to reach $8 within the next 12 months. Harmonic, Inc [NASDAQ: HLIT] shares were valued at $10.21 at the most recent close of the market. An investor can expect a potential drop of -21.65% based on the average HLIT price forecast.
Analyzing the HLIT fundamentals
Harmonic, Inc [NASDAQ:HLIT] reported sales of 689.08M for the trailing twelve months, which represents a drop of -0.51%. Gross Profit Margin for this corporation currently stands at 0.55% with Operating Profit Margin at 0.15%, Pretax Profit Margin comes in at 0.14%, and Net Profit Margin reading is 0.1%. To continue investigating profitability, this company’s Return on Assets is posted at 0.09, Equity is 0.15 and Total Capital is 0.17. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.3.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance.
Ratios To Look Out For
For context, Harmonic, Inc’s Current Ratio is 1.99. Further, the Quick Ratio stands at 1.58, while the Cash Ratio is 0.72. Considering the valuation of this stock, the price to sales ratio is 1.69, the price to book ratio is 2.59 and price to earnings (TTM) ratio is 17.45.
Transactions by insiders
Recent insider trading involved Whalen Daniel T, Director, that happened on Aug 01 ’25 when 2000.0 shares were purchased. Director, Whalen Daniel T completed a deal on May 30 ’25 to buy 2000.0 shares. Meanwhile, Director Whalen Daniel T bought 1000.0 shares on Feb 25 ’25.
