Harmonic (HLIT) Competitors

$11.63
-0.04 (-0.34%)
(As of 05/17/2024 ET)

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.

Harmonic vs.

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.

CompanyUnderperformOutperform
Aviat NetworksOutperform Votes
252
64.95%
Underperform Votes
136
35.05%
HarmonicOutperform Votes
348
60.00%
Underperform Votes
232
40.00%

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.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Aviat Networks
0 Sell rating(s)
0 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
3.00
Harmonic
0 Sell rating(s)
0 Hold rating(s)
4 Buy rating(s)
1 Strong Buy rating(s)
3.20

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.

Company Net Margins Return on Equity Return on Assets
Aviat Networks3.54% 14.54% 8.08%
Harmonic 12.37%1.35%0.72%

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.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Aviat Networks
0 Very Positive mention(s)
1 Positive mention(s)
0 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Neutral
Harmonic
5 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

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.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Aviat Networks$346.59M1.13$11.53M$1.1327.60
Harmonic$607.91M2.15$83.99M$0.6019.38

Summary

Harmonic beats Aviat Networks on 10 of the 18 factors compared between the two stocks.

New MarketBeat Followers Over Time

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.
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Media Sentiment Over Time

This 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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HLIT vs. The Competition

MetricHarmonicRadio & t.v. communications equipment IndustryComputer SectorNASDAQ Exchange
Market Cap$1.30B$11.14B$21.58B$7.99B
Dividend YieldN/A2.05%2.72%3.91%
P/E Ratio19.3839.00214.9715.05
Price / Sales2.1510.21552.6481.39
Price / Cash43.9911.4929.7531.98
Price / Book3.1920.546.754.64
Net Income$83.99M$216.93M$638.55M$217.28M
7 Day Performance2.11%5.44%2.08%2.90%
1 Month Performance20.14%13.80%6.55%6.66%
1 Year Performance-30.32%-18.25%25.25%9.89%

Harmonic Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
AVNW
Aviat Networks
3.5088 of 5 stars
$31.15
+0.4%
$53.75
+72.6%
+1.7%$391.24M$346.59M27.57685Analyst Downgrade
Positive News
VSAT
Viasat
3.5423 of 5 stars
$17.84
+2.7%
$38.17
+113.9%
-53.2%$2.24B$2.56B2.356,800Upcoming Earnings
Options Volume
News Coverage
PL
Planet Labs PBC
3.1785 of 5 stars
$2.06
+4.6%
$4.68
+127.6%
-53.9%$597.22M$220.70M-4.031,180Gap Up
MGNI
Magnite
4.5641 of 5 stars
$9.04
-1.1%
$14.39
+59.2%
+0.3%$1.28B$638.88M-14.13911Analyst Forecast
Options Volume
News Coverage
Gap Up
CSGS
CSG Systems International
3.7119 of 5 stars
$43.20
-0.1%
$62.50
+44.7%
-12.8%$1.28B$1.17B19.736,000Dividend Announcement
FORTY
Formula Systems (1985)
1.2686 of 5 stars
$82.78
flat
N/A+14.6%$1.27B$2.62B20.0422,059News Coverage
TBLA
Taboola.com
3.462 of 5 stars
$4.33
+2.6%
$5.79
+33.7%
+46.9%$1.26B$1.44B-18.831,900
PDFS
PDF Solutions
3.5522 of 5 stars
$33.85
+0.5%
$44.00
+30.0%
-11.9%$1.30B$165.84M677.00493Insider Selling
News Coverage
ICHR
Ichor
3.1891 of 5 stars
$37.38
-0.5%
$46.60
+24.7%
+22.6%$1.25B$786.63M-21.122,245
BASE
Couchbase
3.3451 of 5 stars
$25.99
-0.3%
$32.40
+24.7%
+58.2%$1.30B$180.04M-15.29796Insider Selling
News Coverage

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This page (NASDAQ:HLIT) was last updated on 5/19/2024 by MarketBeat.com Staff

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