Harmonic (HLIT) Competitors

$11.67
+0.37 (+3.27%)
(As of 05/16/2024 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.

Harmonic (NASDAQ:HLIT) and Aviat Networks (NASDAQ:AVNW) are both small-cap computer and technology companies, but which is the better stock? We will contrast the two companies based on the strength of their institutional ownership, dividends, profitability, analyst recommendations, community ranking, earnings, valuation, risk and media sentiment.

Harmonic currently has a consensus target price of $17.20, indicating a potential upside of 47.39%. Aviat Networks has a consensus target price of $53.75, indicating a potential upside of 69.56%. Given Aviat Networks' higher possible upside, analysts plainly believe Aviat Networks is more favorable than Harmonic.

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

Harmonic has a beta of 0.9, suggesting that its stock price is 10% less volatile than the S&P 500. Comparatively, Aviat Networks has a beta of 1.78, suggesting that its stock price is 78% more 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
Harmonic$607.91M2.15$83.99M$0.6019.45
Aviat Networks$385.39M1.03$11.53M$1.1328.05

In the previous week, Harmonic had 2 more articles in the media than Aviat Networks. MarketBeat recorded 5 mentions for Harmonic and 3 mentions for Aviat Networks. Harmonic's average media sentiment score of 1.22 beat Aviat Networks' score of 1.14 indicating that Harmonic is being referred to more favorably in the media.

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

Harmonic received 95 more outperform votes than Aviat Networks when rated by MarketBeat users. However, 64.95% of users gave Aviat Networks an outperform vote while only 59.93% of users gave Harmonic an outperform vote.

CompanyUnderperformOutperform
HarmonicOutperform Votes
347
59.93%
Underperform Votes
232
40.07%
Aviat NetworksOutperform Votes
252
64.95%
Underperform Votes
136
35.05%

Harmonic has a net margin of 12.37% compared to Aviat Networks' net margin of 3.54%. Aviat Networks' return on equity of 14.54% beat Harmonic's return on equity.

Company Net Margins Return on Equity Return on Assets
Harmonic12.37% 1.35% 0.72%
Aviat Networks 3.54%14.54%8.08%

99.4% of Harmonic shares are owned by institutional investors. Comparatively, 78.6% of Aviat Networks shares are owned by institutional investors. 2.2% of Harmonic shares are owned by insiders. Comparatively, 5.7% of Aviat Networks shares are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.

Summary

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

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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$1.31B$10.73B$20.94B$7.95B
Dividend YieldN/A2.17%2.76%3.93%
P/E Ratio19.4512.61259.1118.78
Price / Sales2.1510.08533.3285.80
Price / Cash42.9711.0928.8731.19
Price / Book3.2020.146.904.47
Net Income$83.99M$216.93M$635.17M$217.14M
7 Day Performance2.46%4.27%2.11%2.78%
1 Month Performance16.35%9.54%5.25%6.02%
1 Year Performance-29.49%-17.27%25.25%9.67%

Harmonic Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
AVNW
Aviat Networks
3.8893 of 5 stars
$31.15
+0.4%
$53.75
+72.6%
+7.3%$391.24M$346.59M27.57685Analyst Downgrade
Positive News
VSAT
Viasat
3.5463 of 5 stars
$17.84
+2.7%
$38.17
+113.9%
-49.9%$2.24B$2.56B2.356,800Upcoming Earnings
Options Volume
News Coverage
PL
Planet Labs PBC
3.146 of 5 stars
$2.06
+4.6%
$4.68
+127.6%
-49.8%$597.22M$220.70M-4.031,180Gap Up
MGNI
Magnite
4.1845 of 5 stars
$9.04
-1.1%
$14.39
+59.2%
+12.3%$1.28B$638.88M-14.13911Analyst Forecast
Options Volume
News Coverage
Gap Up
CSGS
CSG Systems International
3.6698 of 5 stars
$43.20
-0.1%
$62.50
+44.7%
-12.3%$1.28B$1.17B19.736,000
FORTY
Formula Systems (1985)
1.2553 of 5 stars
$82.78
flat
N/A+14.2%$1.27B$2.62B20.0422,059Gap Up
TBLA
Taboola.com
3.4434 of 5 stars
$4.33
+2.6%
$5.79
+33.7%
+43.2%$1.26B$1.44B-18.831,900
PDFS
PDF Solutions
3.3922 of 5 stars
$33.85
+0.5%
$44.00
+30.0%
-8.9%$1.30B$165.84M677.00493
ICHR
Ichor
3.5325 of 5 stars
$37.38
-0.5%
$46.60
+24.7%
+33.4%$1.25B$786.63M-21.122,245
BASE
Couchbase
3.3352 of 5 stars
$25.99
-0.3%
$32.40
+24.7%
+58.5%$1.30B$180.04M-15.29796

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This page (NASDAQ:HLIT) was last updated on 5/17/2024 by MarketBeat.com Staff

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