Harmonic (HLIT) Competitors

$11.10
+0.01 (+0.09%)
(As of 05/2/2024 ET)

HLIT vs. AVNW, VSAT, PL, MGNI, ARLO, ENFN, BASE, DBD, GENI, and TBLA

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), Arlo Technologies (ARLO), Enfusion (ENFN), Couchbase (BASE), Diebold Nixdorf (DBD), Genius Sports (GENI), and Taboola.com (TBLA). 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 investment? We will contrast the two businesses based on the strength of their analyst recommendations, valuation, profitability, dividends, institutional ownership, media sentiment, risk, community ranking and earnings.

In the previous week, Harmonic had 19 more articles in the media than Aviat Networks. MarketBeat recorded 31 mentions for Harmonic and 12 mentions for Aviat Networks. Aviat Networks' average media sentiment score of 0.59 beat Harmonic's score of 0.07 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
3 Very Positive mention(s)
1 Positive mention(s)
3 Neutral mention(s)
2 Negative mention(s)
0 Very Negative mention(s)
Neutral
Harmonic
13 Very Positive mention(s)
4 Positive mention(s)
6 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Aviat Networks presently has a consensus target price of $53.75, indicating a potential upside of 89.29%. Harmonic has a consensus target price of $17.20, indicating a potential upside of 54.95%. Given Harmonic's higher possible upside, equities 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

Aviat Networks has a beta of 1.78, indicating that its share price is 78% more volatile than the S&P 500. Comparatively, Harmonic has a beta of 0.9, indicating that its share price is 10% less volatile than the S&P 500.

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 insiders. Comparatively, 2.2% of Harmonic shares are held by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.

Harmonic received 96 more outperform votes than Aviat Networks when rated by MarketBeat users. However, 65.03% of users gave Aviat Networks an outperform vote while only 59.93% of users gave Harmonic an outperform vote.

CompanyUnderperformOutperform
Aviat NetworksOutperform Votes
251
65.03%
Underperform Votes
135
34.97%
HarmonicOutperform Votes
347
59.93%
Underperform Votes
232
40.07%

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$346.59M1.03$11.53M$1.1325.13
Harmonic$607.91M2.04$83.99M$0.6018.50

Harmonic has a net margin of 12.37% compared to Harmonic's net margin of 3.54%. Harmonic's return on equity of 14.93% beat Aviat Networks' return on equity.

Company Net Margins Return on Equity Return on Assets
Aviat Networks3.54% 14.93% 8.46%
Harmonic 12.37%1.35%0.72%

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$1.24B$9.63B$19.11B$7.51B
Dividend YieldN/A2.34%2.77%3.97%
P/E Ratio18.507.72222.5715.15
Price / Sales2.048.63541.2388.23
Price / Cash41.9514.7027.9235.41
Price / Book3.044.816.414.30
Net Income$83.99M$210.14M$627.64M$214.33M
7 Day Performance20.65%2.47%0.60%1.48%
1 Month Performance-16.54%-7.73%-1.70%-3.38%
1 Year Performance-17.23%-26.20%19.10%8.97%

Harmonic Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
AVNW
Aviat Networks
3.6684 of 5 stars
$33.45
-2.7%
$54.75
+63.7%
-12.5%$419.80M$346.59M26.34685Earnings Report
Analyst Report
News Coverage
Gap Down
VSAT
Viasat
4.1719 of 5 stars
$15.91
-3.3%
$38.17
+139.9%
-54.0%$1.99B$2.56B2.106,800Positive News
Gap Up
PL
Planet Labs PBC
2.9647 of 5 stars
$1.69
-2.9%
$4.68
+177.6%
-53.6%$489.70M$220.70M-3.301,180
MGNI
Magnite
4.4516 of 5 stars
$8.83
-3.8%
$14.39
+63.0%
+1.3%$1.20B$619.71M-7.12911Upcoming Earnings
ARLO
Arlo Technologies
1.7231 of 5 stars
$12.40
+2.6%
$15.25
+23.0%
+103.3%$1.19B$491.18M-51.67363Upcoming Earnings
Gap Up
ENFN
Enfusion
1.345 of 5 stars
$9.31
-2.0%
$9.33
+0.3%
+11.2%$1.19B$174.54M116.391,102Upcoming Earnings
News Coverage
BASE
Couchbase
3.6929 of 5 stars
$24.14
-1.9%
$32.40
+34.2%
+68.9%$1.21B$180.04M-14.20796
DBD
Diebold Nixdorf
3.0157 of 5 stars
$31.64
-2.9%
$34.50
+9.0%
+4,061.0%$1.19B$3.76B0.0021,000News Coverage
Gap Up
GENI
Genius Sports
3.1503 of 5 stars
$5.04
-3.3%
$9.25
+83.7%
+42.5%$1.17B$412.98M-12.592,300Upcoming Earnings
TBLA
Taboola.com
3.6271 of 5 stars
$4.20
-1.2%
$5.79
+37.9%
+90.5%$1.24B$1.44B-17.501,900Upcoming Earnings

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This page (NASDAQ:HLIT) was last updated on 5/3/2024 by MarketBeat.com Staff

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