(HLIT) Harmonic - Ratings and Ratios

Harmonic Inc. (NASDAQ:HLIT) is a global leader in video delivery and broadband access solutions, operating through two core segments: Broadband and Video. The Broadband segment delivers software-based solutions, including the cOS platform and cOS Central cloud services, enabling broadband operators to manage and optimize their networks efficiently. The Video segment provides a comprehensive suite of solutions for video processing, production, and playout, catering to cable operators, satellite and telco Pay-TV providers, broadcasters, and streaming media companies. Its offerings include hardware products like encoders, video servers, and stream processing systems, along with the VOS360 SaaS platform for streaming and channel origination. This platform supports live streaming, VOD, and cloud-based services with dynamic ad insertion capabilities. Additionally, the company offers professional services such as consulting, integration, and training, and distributes its products through a direct sales force and independent resellers. Founded in 1988, Harmonic is headquartered in San Jose, California, and has established itself as a key player in the digital video and broadband industries.

From a technical perspective, HLITs stock shows a mixed outlook. The 20-day SMA of 8.88 is slightly below the last price of 9.00, while the 50-day SMA of 9.64 and 200-day SMA of 12.12 indicate a longer-term downtrend. The ATR of 0.43 reflects moderate volatility. On the fundamental side, the companys market cap of $1.034B, P/E of 20.04, and forward P/E of 19.19 suggest a valuation aligned with growth expectations. The P/B ratio of 2.42 indicates a premium on book value, while the P/S ratio of 1.52 reflects reasonable revenue generation. With an RoE of 11.94%, the company demonstrates efficient equity utilization. Considering these factors, HLIT may face short-term price pressure but could benefit from its strong position in video streaming and broadband access markets.