Harmonic Stock Analysis

Harmonic Stock Analysis Notes

About 98.0% of the company shares are owned by institutional investors. The book value of Harmonic was currently reported as 3.66. The company had not issued any dividends in recent years. Harmonic had 2:1 split on the 15th of October 1999. Harmonic Inc., together with its subsidiaries, provide video delivery software, products, system solutions, and services worldwide. The company was incorporated in 1988 and is headquartered in San Jose, California. Harmonic operates under Communication Equipment classification in the United States and is traded on NASDAQ Exchange. It employs 1299 people. To learn more about Harmonic call Patrick Harshman at 408 542 2500 or check out https://www.harmonicinc.com.

Harmonic Investment Alerts

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Harmonic Largest EPS Surprises

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Harmonic Stock Institutional Investors

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.

Harmonic Market Capitalization

The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.28 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.

Harmonic Profitablity

The company has Profit Margin (PM) of 0.12 %, 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 (0.05) %, which suggests for every $100 dollars of sales, it generated a net operating loss of $0.05.

Management Efficiency

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. 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.

Technical Drivers

As of the 6th of May, Harmonic retains the Standard Deviation of 3.46, market risk adjusted performance of (0.03), and Risk Adjusted Performance of 9.0E-4. Harmonic technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Simply put, you can use this information to find out if the firm will indeed mirror its model of historical price patterns, or the prices will eventually revert. We were able to collect and analyze data for thirteen technical drivers for Harmonic, which can be compared to its competitors. Please check out Harmonic market risk adjusted performance, information ratio, as well as the relationship between the Information Ratio and skewness to decide if Harmonic is priced fairly, providing market reflects its last-minute price of 10.96 per share. Given that Harmonic has information ratio of (0.03), we strongly advise you to confirm Harmonic's regular market performance to make sure the company can sustain itself at a future point.

Harmonic Price Movement Analysis

Harmonic Insider Trading Activities

Harmonic Predictive Daily Indicators

Harmonic Corporate Filings

Harmonic Forecast Models

Harmonic's time-series forecasting models are one of many Harmonic's stock analysis techniques aimed at predicting 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.

Stock analysis is the technique used by a trader or investor to examine and evaluate how Harmonic prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Harmonic shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Harmonic. By using and applying Harmonic Stock analysis, traders can create a robust methodology for identifying Harmonic entry and exit points for their positions.

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Harmonic analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Harmonic analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.

Harmonic stock analysis indicators help investors evaluate how Harmonic stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Harmonic shares will generate the highest return on investment. By understating and applying Harmonic stock analysis, traders can identify Harmonic position entry and exit signals to maximize returns.

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 Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.

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.

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.

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.