Harmonic Inc (NASDAQ:HLIT) shares traded 0% up during most recent session to reach at the closing price of $4.25. The stock exchanged hands 1.06 Million shares versus average trading capacity of 570.7 Million shares, yielding a market cap of $377.02 Million. Wall Street analysts covering the stock are projecting that the stock will reach $5.9 within the next 52-weeks. The mean target projections are based on 5 opinions.

Taking a broader look brokerage firms’ analysts on the street with an expectant view have Harmonic Inc (NASDAQ:HLIT) high price target of $7 and with a conservative view have low price target of $4.

Drexel Hamilton “Downgrades” Harmonic Inc (NASDAQ:HLIT) in a research note issued to investors on 3/14/17 to Hold with price target of $0.

Additionally on 12/06/16 Dougherty “Initiates Coverage On” Harmonic Inc (NASDAQ:HLIT) to Buy setting price target at $7 and on 8/10/16 Drexel Hamilton “Upgrades” the stock to Buy. Furthermore on 1/13/16 Northland Securities “Initiates Coverage on” the stock to Outperform at $5.

On the other hand the company has Relative Strength Index (RSI 14) of 23.33 along with Average True Range (ATR 14) of 0.24, Consequently Harmonic Inc (NASDAQ:HLIT)’s weekly and monthly volatility is 5.97%, 4.65% respectively. The company’s beta value is at 0.98.

In terms of Buy, Sell or Hold recommendations, Harmonic Inc (NASDAQ:HLIT) has analysts’ mean recommendation of 2.3. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.

According to analysts Harmonic Inc (NASDAQ:HLIT)’s minimum EPS for the current quarter is at $-0.21 and can go high up to $-0.04. The consensus mean EPS for the current quarter is at $-0.16 derived from a total of 4 estimates from the analysts who have weighed in on projected earnings.

Previously Harmonic Inc (NASDAQ:HLIT) reported $-0.14 earnings per share (EPS) for the quarter, missing the consensus estimate of $-0.05 by $-0.09. The company posted an earnings surprise of -180%.

Harmonic Inc (NASDAQ:HLIT)’s revenue estimates for the current quarter are $84.39 Million according to 5 number of analysts, for the current quarter the company has high revenue estimates of $97.7 Million in contradiction of low revenue estimates of $80.23 Million. For the current year the company’s revenue estimates are $373 Million compared to low analyst estimates of $343.38 Million and high estimates of $405.7 Million according to 5 number of analysts.

Currently Harmonic Inc (NASDAQ:HLIT)’s shares owned by insiders are 2.5%, whereas shares owned by institutional owners are 99.3%. However the six-month change in the insider ownership was recorded -8.8%, as well as three-month change in the institutional ownership was recorded -0.05%.

Harmonic Inc (NASDAQ:HLIT) 52-week high price stands at $6.18 and low price stands at $3.01, its price distance from 52-week high is -31.17% while its distance from 52-week low price is 41.2%. The stock hit its 52-week high on 03/08/17, and 52-week low on 08/03/16.

Harmonic Inc (NASDAQ:HLIT)’s trailing twelve month revenues are $407 Million, whereas its price to sales ratio for the same period is 0.93. Its book value per share for the most recent quarter is $3.15 while its price to book ratio for the same period is 1.35, as for as the company’s cash per share for the most recent quarter is $0.62, however its price to cash per share ratio for the same period is 6.82. The stock has 5 year expected PEG ratio of 0 whereas its trailing twelve month P/E ratio is 0.