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Harmonic Inc is currently in a long term uptrend where the price is trading 10.6% above its 200 day moving average.
From a valuation standpoint, the stock is 85.4% cheaper than other stocks from the Technology sector with a price to sales ratio of 2.0.
Harmonic Inc's total revenue rose by 7.7% to $132M since the same quarter in the previous year.
Its net income has increased by 141.7% to $13M since the same quarter in the previous year.
Finally, its free cash flow grew by 43.4% to $36M since the same quarter in the previous year.
Based on the above factors, Harmonic Inc gets an overall score of 5/5.
Exchange | F |
---|---|
CurrencyCode | EUR |
ISIN | US4131601027 |
Sector | Technology |
Industry | Communication Equipment |
Market Cap | 914M |
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PE Ratio | 26.62 |
Target Price | 11.5 |
Beta | 0.92 |
Dividend Yield | None |
Harmonic Inc., together with its subsidiaries, provides broadband access solutions worldwide. The company operates through Broadband and Video segments. The Broadband segment offers software-based broadband access solution, including cOS software-based broadband access solutions to broadband operators; and cOS central cloud services, a subscription service for cOS customers. The Video segment sells video processing, production, and playout solutions and services to cable operators, and satellite and telco Pay-TV service providers, as well as to broadcast and media, including streaming media companies. Its 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 VOS360 SaaS platform that provides both streaming and channel origination and distribution services; and software-as-a-service (SaaS) solutions, which enables the packaging and delivery of streaming services, including live streaming, VOD, 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 company also provides technical support and professional services, such as maintenance and support, consulting, implementation, integration services, program management, technical design and planning, building and site preparation, integration and equipment installation, end-to-end system testing, and training, as well as SaaS-related support and deployment. 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.
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