HLIT vs. AVNW, VSAT, PL, MGNI, CSGS, FORTY, TBLA, PDFS, ICHR, and BASE
Should you be buying Harmonic stock or one of its competitors? The main competitors of Harmonic include Aviat Networks (AVNW), Viasat (VSAT), Planet Labs PBC (PL), Magnite (MGNI), CSG Systems International (CSGS), Formula Systems (1985) (FORTY), Taboola.com (TBLA), PDF Solutions (PDFS), Ichor (ICHR), and Couchbase (BASE). These companies are all part of the "computer and technology" sector.
Aviat Networks (NASDAQ:AVNW) and Harmonic (NASDAQ:HLIT) are both small-cap computer and technology companies, but which is the superior business? We will compare the two companies based on the strength of their profitability, earnings, valuation, risk, community ranking, dividends, analyst recommendations, institutional ownership and media sentiment.
Harmonic received 96 more outperform votes than Aviat Networks when rated by MarketBeat users. However, 64.95% of users gave Aviat Networks an outperform vote while only 60.00% of users gave Harmonic an outperform vote.
78.6% of Aviat Networks shares are held by institutional investors. Comparatively, 99.4% of Harmonic shares are held by institutional investors. 5.7% of Aviat Networks shares are held by company insiders. Comparatively, 2.2% of Harmonic shares are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.
Aviat Networks presently has a consensus target price of $53.75, suggesting a potential upside of 72.33%. Harmonic has a consensus target price of $17.20, suggesting a potential upside of 47.89%. Given Harmonic's higher possible upside, research analysts clearly believe Aviat Networks is more favorable than Harmonic.
Harmonic has a net margin of 12.37% compared to Harmonic's net margin of 3.54%. Harmonic's return on equity of 14.54% beat Aviat Networks' return on equity.
In the previous week, Harmonic had 6 more articles in the media than Aviat Networks. MarketBeat recorded 8 mentions for Harmonic and 2 mentions for Aviat Networks. Aviat Networks' average media sentiment score of 1.21 beat Harmonic's score of 0.08 indicating that Harmonic is being referred to more favorably in the news media.
Aviat Networks has a beta of 1.78, indicating that its stock price is 78% more volatile than the S&P 500. Comparatively, Harmonic has a beta of 0.9, indicating that its stock price is 10% less volatile than the S&P 500.
Harmonic has higher revenue and earnings than Aviat Networks. Harmonic is trading at a lower price-to-earnings ratio than Aviat Networks, indicating that it is currently the more affordable of the two stocks.
Summary
Harmonic beats Aviat Networks on 10 of the 18 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding HLIT and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
Skip ChartThis chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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