Harmonic Net Worth

Harmonic Net Worth Breakdown

  HLIT
The net worth of Harmonic is the difference between its total assets and liabilities. Harmonic's net worth represents the value of the company's equity or ownership interest. In other words, it is the amount of money that would be left over if all of Harmonic's assets were sold and all of its debts were paid off. Net worth is sometimes referred to as shareholder's equity or book value. Harmonic's net worth can be used as a measure of its financial health and stability which can help investors to decide if Harmonic is a good investment. It is also essential in determining the company's creditworthiness and ability to secure financing before investing in Harmonic stock.

Harmonic Net Worth Analysis

Harmonic's net worth analysis, or its valuation, is the process of determining the total value of the company. This involves assessing a range of factors, including Harmonic's financial performance, assets, liabilities, and potential for growth. The ultimate goal is to provide a clear understanding of Harmonic's overall worth, which can help investors make informed investment decisions. There are several methods that can be used to perform Harmonic's net worth analysis. One common approach is to calculate Harmonic's market capitalization.Another approach is to use the price-to-earnings ratio (P/E ratio), which compares Harmonic's stock price to its earnings per share (EPS). Discounted cash flow (DCF) analysis is another popular method for assessing Harmonic's net worth. This approach calculates the present value of Harmonic's future cash flows, taking into account factors such as growth rate, profitability, and risk. By comparing the present value of Harmonic's cash flows to its current stock price, investors can gain a better understanding of the company's overall value. Finally, investors may use comparable company analysis to evaluate Harmonic's net worth. This involves comparing Harmonic's financial metrics to similar companies in the same industry. By identifying companies with similar financial characteristics, investors can gain insight into Harmonic's net worth relative to its peers.

Enterprise Value

255.6 Million

To determine if Harmonic is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Harmonic's net worth research are outlined below:
Harmonic generated a negative expected return over the last 90 days
Harmonic has high historical volatility and very poor performance
Harmonic is unlikely to experience financial distress in the next 2 years
Over 98.0% of the company shares are owned by institutional investors
Latest headline from zacks.com: Earnings Preview Harmonic Q1 Earnings Expected to Decline

Harmonic Quarterly Good Will

239.15 Million

Harmonic uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Harmonic. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Harmonic's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
29th of January 2024
Upcoming Quarterly Report
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13th of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
29th of January 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

Know Harmonic's Top Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Harmonic is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Harmonic backward and forwards among themselves. Harmonic's institutional investor refers to the entity that pools money to purchase Harmonic's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares
Ameriprise Financial Inc2023-12-31
2.4 M
Nuveen Asset Management, Llc2023-12-31
2.1 M
Morgan Stanley - Brokerage Accounts2023-12-31
1.9 M
Toronado Partners, Llc2023-12-31
1.8 M
Victory Capital Management Inc.2023-12-31
1.6 M
Westfield Capital Management Company, Lp2023-12-31
1.5 M
Macquarie Group Ltd2023-12-31
1.3 M
Wasatch Advisors Lp2023-12-31
1.3 M
Wolf Hill Capital Management, Lp2023-12-31
1.3 M
Blackrock Inc2023-12-31
17.6 M
Vanguard Group Inc2023-12-31
9.7 M
Note, although Harmonic's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Follow Harmonic's market capitalization trends

The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.03 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Harmonic's market, we take the total number of its shares issued and multiply it by Harmonic's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Market Cap

320.91 Million

Project Harmonic's profitablity

Harmonic's profitability indicators refer to fundamental financial ratios that showcase Harmonic's ability to generate income relative to its revenue or operating costs. If, let's say, Harmonic is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Harmonic's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Harmonic's profitability requires more research than a typical breakdown of Harmonic's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
Last ReportedProjected for Next Year
Return On Tangible Assets 0.16  0.17 
Return On Capital Employed 0.05  0.05 
Return On Assets 0.11  0.11 
Return On Equity 0.19  0.20 
The company has Profit Margin (PM) of 0.14 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.06 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.06.
When accessing Harmonic's net worth, it's important to look at multiple sources and consider different scenarios. For example, gross profit margin measures Harmonic's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Harmonic's profitability and make more informed investment decisions.
The data published in Harmonic's official financial statements usually reflect Harmonic's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Harmonic. For example, before you start analyzing numbers published by Harmonic accountants, it's critical to develop an understanding of what Harmonic's liquidity, profitability, and earnings quality are in the context of the Communications Equipment space in which it operates.
Please note, the presentation of Harmonic's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Harmonic's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Harmonic's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Harmonic. Please utilize our Beneish M Score to check the likelihood of Harmonic's management manipulating its earnings.

Evaluate Harmonic's management efficiency

Harmonic has return on total asset (ROA) of 0.02 % which means that it generated a profit of $0.02 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.2206 %, meaning that it created $0.2206 on every $100 dollars invested by stockholders. Harmonic's management efficiency ratios could be used to measure how well Harmonic manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to gain to 0.17 in 2024. Return On Capital Employed is likely to gain to 0.05 in 2024. At this time, Harmonic's Total Current Liabilities is comparatively stable compared to the past year. Non Current Liabilities Total is likely to gain to about 71.7 M in 2024, whereas Liabilities And Stockholders Equity is likely to drop slightly above 475.5 M in 2024.
Last ReportedProjected for Next Year
Book Value Per Share 3.91  2.55 
Net Current Asset Value 0.00  0.00 
Tangible Asset Value 0.00  0.00 
Tangible Book Value Per Share 1.77  1.80 
Enterprise Value Over EBITDA 42.53  21.40 
Price Book Value Ratio 3.33  3.75 
Enterprise Value Multiple 42.53  21.40 
Price Fair Value 3.33  3.75 
Enterprise Value293.6 M255.6 M
The analysis of Harmonic's management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze Harmonic's future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of Harmonic Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Enterprise Value Revenue
2.0602
Revenue
607.9 M
Quarterly Revenue Growth
0.017
Revenue Per Share
5.445
Return On Equity
0.2206
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Harmonic insiders, such as employees or executives, is commonly permitted as long as it does not rely on Harmonic's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Harmonic insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

Harmonic Corporate Filings

8K
29th of April 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
F3
26th of April 2024
The schedule filed by any person or group who acquires beneficial ownership of more than 5% of a voting class of a company's equity securities registered under Section 12 of the Act
ViewVerify
F4
6th of March 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
10K
16th of February 2024
Annual report required by the U.S. Securities and Exchange Commission (SEC) of a company financial performance
ViewVerify
Harmonic time-series forecasting models is one of many Harmonic's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Harmonic's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Harmonic Earnings per Share Projection vs Actual

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Our tools can tell you how much better you can do entering a position in Harmonic without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Harmonic Corporate Directors

Harmonic corporate directors refer to members of a Harmonic board of directors. The board of directors generally takes responsibility for the Harmonic's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Harmonic's board members must vote for the resolution. The Harmonic board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Susan SwensonIndependent DirectorProfile
Blair KingDirector of Investor RelationsProfile
Deborah CliffordDirectorProfile
EFloyd KvammeIndependent DirectorProfile

How to buy Harmonic Stock?

The net worth of Harmonic is the difference between its total assets and liabilities. Harmonic's net worth represents the value of the company's equity or ownership interest. In other words, it is the amount of money that would be left over if all of Harmonic's assets were sold and all of its debts were paid off. Net worth is sometimes referred to as shareholder's equity or book value. Harmonic's net worth can be used as a measure of its financial health and stability which can help investors to decide if Harmonic is a good investment. It is also essential in determining the company's creditworthiness and ability to secure financing before investing in Harmonic stock.

Already Invested in Harmonic?

The danger of trading Harmonic is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Harmonic is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Harmonic. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Harmonic is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Harmonic is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Harmonic Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Harmonic Stock. Highlighted below are key reports to facilitate an investment decision about Harmonic Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Harmonic. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
For more information on how to buy Harmonic Stock please use our How to Invest in Harmonic guide.
You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.

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When running Harmonic's price analysis, check to measure Harmonic's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Harmonic is operating at the current time. Most of Harmonic's value examination focuses on studying past and present price action to predict the probability of Harmonic's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Harmonic's price. Additionally, you may evaluate how the addition of Harmonic to your portfolios can decrease your overall portfolio volatility.
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Is Harmonic's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Harmonic. If investors know Harmonic will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Harmonic listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
13.465
Earnings Share
0.72
Revenue Per Share
5.445
Quarterly Revenue Growth
0.017
Return On Assets
0.02
The market value of Harmonic is measured differently than its book value, which is the value of Harmonic that is recorded on the company's balance sheet. Investors also form their own opinion of Harmonic's value that differs from its market value or its book value, called intrinsic value, which is Harmonic's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Harmonic's market value can be influenced by many factors that don't directly affect Harmonic's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Harmonic's value and its price as these two are different measures arrived at by different means. Investors typically determine if Harmonic is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Harmonic's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.