Harmonic, Inc (NASDAQ: HLIT)’s stock price has plunge by 1.84relation to previous closing price of 9.25. Nevertheless, the company has seen a 7.17% surge in its stock price over the last five trading sessions. prnewswire.com reported 2025-06-23 that Harmonic’s cOS Platform Enables Mediacom to Offer Multigigabit and Symmetrical Services with High Reliability, Lower Operating Costs and a Clear Path to Fiber SAN JOSE, Calif., June 23, 2025 /PRNewswire/ — Harmonic (NASDAQ: HLIT) today announced that Mediacom Communications, the fifth-largest cable operator in the U.S., has chosen Harmonic’s industry-leading cOS™ virtualized broadband platform to modernize its network.
Is It Worth Investing in Harmonic, Inc (NASDAQ: HLIT) Right Now?
The price-to-earnings ratio for Harmonic, Inc (NASDAQ: HLIT) is 20.90x, which is above its average ratio. Moreover, the 36-month beta value for HLIT is 1.05. Analysts have varying opinions on the stock, with 2 analysts rating it as a “buy,” 2 as “overweight,” 2 as “hold,” and 0 as “sell.”
The public float for HLIT is 110.23M and currently, short sellers hold a 1.95% of that float. On June 27, 2025, HLIT’s average trading volume was 939.61K shares.
HLIT’s Market Performance
The stock of Harmonic, Inc (HLIT) has seen a 7.17% increase in the past week, with a 3.06% rise in the past month, and a -5.23% fall in the past quarter. The volatility ratio for the week is 2.65%, and the volatility levels for the past 30 days are at 2.55% for HLIT. The simple moving average for the last 20 days is 2.54% for HLIT stock, with a simple moving average of -16.85% for the last 200 days.
Analysts’ Opinion of HLIT
Raymond James, on the other hand, stated in their research note that they expect to see HLIT reach a price target of $14, previously predicting the price at $17. The rating they have provided for HLIT stocks is “Outperform” according to the report published on October 29th, 2024.
HLIT Trading at 2.85% from the 50-Day Moving Average
After a stumble in the market that brought HLIT to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -39.07% of loss for the given period.
Insider Trading
Reports are indicating that there were more than several insider trading activities at HLIT starting from Whalen Daniel T, who purchase 2,000 shares at the price of $8.99 back on May 30 ’25. After this action, Whalen Daniel T now owns 11,840 shares of Harmonic, Inc, valued at $17,980 using the latest closing price.
Whalen Daniel T, the Director of Harmonic, Inc, purchase 1,000 shares at $9.99 during a trade that took place back on Feb 25 ’25, which means that Whalen Daniel T is holding 9,840 shares at $9,990 based on the most recent closing price.
Stock Fundamentals for HLIT
Current profitability levels for the company are sitting at:
- 0.15 for the present operating margin
- 0.55 for the gross margin
The net margin for Harmonic, Inc stands at 0.08. The total capital return value is set at 0.17. Equity return is now at value 12.45, with 7.03 for asset returns.
Based on Harmonic, Inc (HLIT), the company’s capital structure generated 0.23 points at debt to capital in total, while cash flow to debt ratio is standing at 0.88. The debt to equity ratio resting at 0.3. The interest coverage ratio of the stock is 15.64.
Currently, EBITDA for the company is 77.4 million with net debt to EBITDA at -0.15. When we switch over and look at the enterprise to sales, we see a ratio of 1.52. The receivables turnover for the company is 7.0for trailing twelve months and the total asset turnover is 0.89. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.06.
Conclusion
To wrap up, the performance of Harmonic, Inc (HLIT) has been mixed in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
