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Harmonic (HLIT)

(Delayed Data from NSDQ)

$14.01 USD

14.01
1,040,247

+0.34 (2.49%)

Updated Aug 15, 2024 04:00 PM ET

After-Market: $14.04 +0.03 (0.21%) 6:22 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 Buy24.03%
2Buy17.70%
3Hold9.37%
4Sell5.03%
5Strong Sell2.48%
S&P50011.19%

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1-Strong Buy of 5 1        

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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D Value F Growth F Momentum F 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 4% (11 out of 251)

Industry: Communication - Components

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Zacks News

ADTRAN (ADTN) Appears a Solid Investment Bet Now: Here's Why

ADTRAN (ADTN) is focused on being a top global supplier of Access infrastructure and related value-added solutions through a broad portfolio of flexible hardware and software network solutions.

Strength Seen in Harmonic (HLIT): Can Its 6.1% Jump Turn into More Strength?

Harmonic (HLIT) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.

New Strong Buy Stocks for September 16th

DPSI, HLIT, ONEW, LMST, and IFNNY have been added to the Zacks Rank #1 (Strong Buy) List on September 16, 2022.

ADTRAN (ADTN) to Power UK Fiber Network Expansion for ITS

ITS has selected ADTRAN (ADTN) 10G fiber access platform that uses an open and disaggregated architecture that eliminates vendor lock-in facilities.

IBM, Airtel Team Up for Secure Edge Cloud Services in India

Leveraging a hybrid environment based on IBM Cloud Satellite and Red Hat OpenShift, the platform is widely expected to address the critical business needs of large enterprises with greater efficiency.

Viavi (VIAV) Reiterates Q1 View, Initiates New Stock Buyback

Viavi (VIAV) boasts a comprehensive product portfolio that offers end-to-end network visibility and analytics that help build, test, certify, maintain and optimize complex physical and virtual networks.

Why Coupa Software (COUP) is an Enticing Pick Post Q2 Earnings

With solid fundamentals and healthy inherent growth potential, Coupa Software (COUP) appears to be a promising investment option at the moment.

Corning (GLW) Boosts Fiber Output in EU With Poland Facility

The new facility will augment Corning's (GLW) optical cable and connectivity components production in Poland while strengthening its two-decade-old manufacturing operations in the country.

Nokia (NOK) Augments MXIE Capabilities for Enterprises

Nokia (NOK) extends MX Industrial Edge capabilities alongside partner ecosystem to accelerate enterprise Industry 4.0 transformation.

Verizon (VZ) Hikes Dividend on Solid Balance Sheet Strength

A steady dividend payout with periodic increase is part of Verizon's (VZ) long-term strategy to provide attractive risk-adjusted returns to its stockholders.

Juniper (JNPR) to Enable Digital Transformation of RSPCA

The Royal Society for Prevention of Cruelty to Animals, New South Wales selects Juniper (JNPR) to enhance its digital transformation initiative.

T-Mobile (TMUS) 5G Home Internet to Power Northeast America

T-Mobile (TMUS) expands its 5G Home Internet services across Pennsylvania, New York, New Jersey, Massachusetts, Maryland and Connecticut to reach 9 million homes.

Why Keysight (KEYS) is an Enticing Pick Post Q3 Earnings

Backed by robust order trends, Keysight (KEYS) expects to witness a healthy growth momentum despite supply chain woes, driven by industry tailwinds such as 5G, IoT and high-speed data centers.

T-Mobile (TMUS) to Downsize Workforce to Cut Operational Costs

T-Mobile (TMUS) decides to lay off workers in the engineering group and network division to reduce operational costs.

Qualcomm (QCOM) and Meta Expand Metaverse Chip Partnership

Qualcomm (QCOM) and Meta extend their long-standing business relationship to develop processors for the latter's virtual reality devices.

Nokia (NOK) to Develop Optical Transport Network in Austria

Nokia (NOK) is on track to build an optical transport network for Energie AG in Austria. It will operate on two central sites in Upper Austria by providing an advanced high-speed optical network.

New Strong Buy Stocks for September 2nd

HLIT, MBWM, CFR, PDD and CHK have been added to the Zacks Rank #1 (Strong Buy) List on September 2, 2022.

T-Mobile (TMUS) and Facebook Introduce Canva Pro in the US

T-Mobile (TMUS) is offering Canva Pro free to all eligible small business customers. It will also provide free advertising to lure customers.

IBM and VMware Collaborate to Augment Secure Cloud Solutions

IBM is collaborating with VMware to expedite time-to-value in hybrid cloud environments and enable global partners and clients to develop mission-critical workloads.

AT&T (T) Plans to Increase Fiber Internet Service in Arizona

AT&T (T) will be growing its fiber Internet service to provide high-speed and reliable broadband to Mesa, AZ. It will be available to the public in 2023.

Workday (WDAY) Beats Q2 Earnings Estimates on Top-Line Growth

Healthy demand trends driven by higher digital transformation initiatives across Finance and HR domains help Workday (WDAY) to beat second-quarter fiscal 2023 earnings estimates.

Keysight (KEYS) Collaborates With Flexium to Boost Portfolio

Keysight's (KEYS) partnership with Flexium aims to improve millimeter-wave modules and material test accuracy and efficiency as demand for millimeter wave is gradually rising.

Viasat (VSAT) Secures Military Contract for Tactical Radios

Viasat (VSAT) solutions will enable warfighters to enjoy high-quality communications capabilities on the battlefield.

Why Viavi (VIAV) is a Solid Investment Bet Post Q4 Results

Viavi (VIAV) boasts a comprehensive portfolio that offers end-to-end network visibility and analytics that help build, test, certify, maintain and optimize complex physical and virtual networks.

Can Harmonic (HLIT) Climb 29% to Reach the Level Wall Street Analysts Expect?

The consensus price target hints at a 28.8% upside potential for Harmonic (HLIT). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.