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Harmonic (HLIT)

(Delayed Data from NSDQ)

$12.04 USD

12.04
1,250,437

+0.01 (0.08%)

Updated Jul 9, 2024 04:00 PM ET

After-Market: $12.05 +0.01 (0.08%) 7:58 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.15%
2Buy17.88%
3Hold9.47%
4Sell5.14%
5Strong Sell2.57%
S&P50011.11%

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3-Hold of 5     3    

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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C Value C Growth B Momentum C VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Top 34% (84 out of 250)

Industry: Communication - Components

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Zacks News

Harmonic (HLIT) Tops Q1 Earnings Estimates

Harmonic (HLIT) delivered earnings and revenue surprises of 33.33% and 0.16%, respectively, for the quarter ended March 2023. Do the numbers hold clues to what lies ahead for the stock?

Monolithic Power (MPWR) Tops Q1 Earnings and Revenue Estimates

Monolithic (MPWR) delivered earnings and revenue surprises of 0.33% and 0.14%, respectively, for the quarter ended March 2023. Do the numbers hold clues to what lies ahead for the stock?

Harmonic (HLIT) Surges 6.1%: Is This an Indication of Further Gains?

Harmonic (HLIT) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.

Harmonic (HLIT) Soars 9.8%: Is Further Upside Left in the Stock?

Harmonic (HLIT) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.

Zacks Industry Outlook Highlights Arista Networks, Harmonic and TESSCO Technologies

Arista Networks, Harmonic and TESSCO Technologies have been highlighted in this Industry Outlook article.

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3 Communication Stocks Likely to Ride on Fiber Densification

The accelerated pace of 5G deployment should help the Zacks Communication - Components industry thrive despite short-term headwinds. ANET, HLIT and TESS are well-positioned to make the most of the demand for seamless connectivity solutions.

Harmonic (HLIT) Q4 Earnings and Revenues Beat Estimates

Harmonic (HLIT) delivered earnings and revenue surprises of 13.33% and 2.75%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Viasat (VSAT) Secures 5-Year Deal for Improved Communication

The five-year contract reinforces Viasat's (VSAT) position as one of the leading suppliers of tactical communications solutions for defense personnel.

Here's Why IBM is a Smart Portfolio Pick in Volatile Market

With healthy fundamentals, better business mix and improving operating leverage, IBM appears to be a solid investment option at the moment.

Arista (ANET) Seems a Smart Investment Pick: Here's Why

With healthy fundamentals and a software-driven, data-centric approach, Arista (ANET) appears to be an enticing investment option for the volatile market.

Here's Why Splunk (SPLK) is an Enterprising Portfolio Pick

With healthy fundamentals and a flexible business model, Splunk (SPLK) appears to be a solid investment option at the moment.

Motorola (MSI) Wins Hytera Patent Breach Suit in Australia

The favorable decision underscores the strength of Motorola's (MSI) IP rights and its relentless pursuit to protect its patents from any infringements and copyright violations.

AT&T (T) Launches Gigapower JV as Commercial Fiber Platform

Leveraging its extensive fiber network and nationwide sales capabilities, AT&T (T) aims to utilize Gigapower to commercially deploy a fiber network at 1.5 million customer locations.

Is Harmonic (HLIT) Stock Outpacing Its Computer and Technology Peers This Year?

Here is how Harmonic (HLIT) and Thermon Group (THR) have performed compared to their sector so far this year.

Here's Why Workday (WDAY) is a Promising Portfolio Pick

With healthy fundamentals and upward estimate revisions, Workday (WDAY) appears to be an enticing investment option at the moment.

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3 Telecom Stocks Most Wall Street Analysts are Bullish About

Clearfield (CLFD), Harmonic (HLIT) and A10 Networks (ATEN) are poised to benefit in 2023 and beyond with healthy fundamentals and solid Zacks Rank.

Motorola (MSI) Avigilon Video Solution Gets JITC Certification

The accreditation validates the quality of Motorola's (MSI) video security products and strengthens its leading position in the market.

Debdutta Sinha headshot

Combat Market Volatility With These 4 Low-Beta Stocks

Investors can consider adding four low-beta tech stocks like ZS, MODN, HLIT and EGAN in their portfolios to hedge against a highly-volatile market environment.

Viasat (VSAT) to Power In-Flight Connectivity in Gulfstream G450

The FAA go-ahead is likely to generate incremental revenues for Viasat (VSAT), with more than 300 Gulfstream G450 aircraft available in the market.

Ericsson (ERIC) Spins Off Customer Support Business in Russia

Ericsson (ERIC) is following an orderly exit in Russia and is winding down its operations in the wake of economic sanctions against the Putin regime.

Jabil (JBL) Beats Q1 Earnings Estimates on Solid Revenues

Robust end-market demand and favorable product mix help Jabil (JBL) to record solid top-line growth in first-quarter fiscal 2023.

Strength Seen in Harmonic (HLIT): Can Its 7.7% Jump Turn into More Strength?

Harmonic (HLIT) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.

Nokia (NOK) Extends BT Partnership With 5-Year Deal for AVA

Nokia (NOK) will offer its AVA Analytics software to BT for real-time insights and ad-hoc reporting to enable intelligent and automated decision-making process.

Coupa (COUP) Beats Q3 Earnings Estimates on Solid Revenues

Backed by the strength of a comprehensive portfolio, Coupa (COUP) records healthy top-line growth in third-quarter fiscal 2023.