Ratings Harmonic Inc.

Equities

HLIT

US4131601027

Market Closed - Nasdaq Other stock markets 21:00:00 02/05/2024 BST			5-day change	1st Jan Change
11.1 ^USD	+0.09%		+20.65%	-14.88%

04-30	Harmonic Breaks Even in Q1, Revenue Falls; Sets Q2, 2024 Outlooks -- Shares Up After Hours	MT
04-29	Transcript : Harmonic Inc., Q1 2024 Earnings Call, Apr 29, 2024

Summary

From a short-term investment perspective, the company presents a deteriorated fundamental configuration.

Strengths

Its core activity has a significant growth potential and sales are expected to surge, according to Standard & Poor's' forecast. Indeed, those may increase by -100% by 2026.
Analysts have a positive opinion on this stock. Average consensus recommends overweighting or purchasing the stock.
The average target price set by analysts covering the stock is above current prices and offers a tremendous appreciation potential.
Consensus analysts have strongly revised their opinion of the company over the past 12 months.
Predictions on business development from analysts polled by Standard & Poor's are tight. This results from either a good visibility into core activities or accurate earnings releases.
The group usually releases upbeat results with huge surprise rates.

Weaknesses

The company's currently anticipated earnings per share (EPS) growth for the next few years is a notable weakness.
For the last twelve months, the trend in sales revisions has been clearly going down, which emphasizes downgraded expectations from the analysts.
Revenue estimates are regularly revised downwards for the current and coming years.
For the past year, analysts have significantly revised downwards their profit estimates.
For the last twelve months, the analysts covering the company have given a bearish overview of EPS estimates, resulting in frequent downward revisions.

Ratings chart - Surperformance

Chart ESG Refinitiv

Sector: Communications & Networking

	1st Jan change	Capi.	ESG Refinitiv
HARMONIC INC.	-14.88%	1.24B	B
CISCO SYSTEMS, INC.	-7.38%	190B	A-
ARISTA NETWORKS, INC.	+11.19%	79.97B	B
FOXCONN INDUSTRIAL INTERNET CO., LTD.	+62.04%	67.22B	B
MOTOROLA SOLUTIONS, INC.	+7.39%	55.98B	A-
GARMIN LTD.	+28.62%	31.39B	B-
ZHONGJI INNOLIGHT CO., LTD.	+65.01%	20.24B	C+
NOKIA OYJ	+11.57%	20.13B	D-
ZTE CORPORATION	+8.27%	17.59B	A-
ERICSSON	-11.36%	17.08B	B-

Investor Rating

Trading Rating

ESG Refinitiv

Financials

Sales growth

Earnings Growth

EBITDA / Sales

Profitability

Finances

Valuation

P/E ratio

EV / Sales

Price to Book

Price to Free Cash Flow

Yield

Momentum

1 year Revenue revision

4 months Revenue revision

7 days Revenue revision

1 year EPS revision

4 months EPS revision

Consensus

Analyst Opinion

Potential Price Target

4m Target Price Revision

4m Revision of opinion

12m Revision of opinion

Business Predictability

Analyst Coverage

Divergence of Estimates

Divergence of analysts' opinions

Divergence of Target Price

Earnings quality

Environment

Emissions

Innovation

Use of resources

Governance

CSR Strategy

Management

Shareholders

Controversy

Technical analysis

ST Timing

MT Timing

LT Timing

RSI

Bollinger Spread

Unusual volumes