EPS for Harmonic Inc. (HLIT) Expected At $-0.05

October 2, 2018 - By Linda Rogers

Harmonic Inc. (NASDAQ:HLIT) LogoInvestors sentiment increased to 2.36 in 2018 Q2. Its up 0.91, from 1.45 in 2018Q1. It is positive, as 11 investors sold Harmonic Inc. shares while 17 reduced holdings. 21 funds opened positions while 45 raised stakes. 70.51 million shares or 3.08% less from 72.75 million shares in 2018Q1 were reported.
13,717 are held by Proshare Advsrs Ltd Liability Corp. Citigroup holds 22,324 shares or 0% of its portfolio. Manatuck Hill Prtn Ltd Liability Co stated it has 30,000 shares. Amalgamated Commercial Bank accumulated 12,050 shares or 0% of the stock. Moreover, Aqr Management Ltd Liability has 0% invested in Harmonic Inc. (NASDAQ:HLIT) for 37,222 shares. Fuller & Thaler Asset Incorporated invested 0% in Harmonic Inc. (NASDAQ:HLIT). Morgan Stanley accumulated 178,931 shares. State Of Alaska Department Of Revenue invested in 0% or 27,865 shares. Intel owns 47,067 shares. Everence Mngmt Incorporated has 14,710 shares for 0.01% of their portfolio. Ameriprise has invested 0% in Harmonic Inc. (NASDAQ:HLIT). Commonwealth Of Pennsylvania Pub School Empls Retrmt, Pennsylvania-based fund reported 18,026 shares. 80,100 are owned by Ny State Common Retirement Fund. Piedmont Limited invested 0% of its portfolio in Harmonic Inc. (NASDAQ:HLIT). Mutual Of America Cap Management Limited Liability Com stated it has 313 shares.

Since May 1, 2018, it had 3 insider buys, and 1 sale for $107,044 activity. 5,500 Harmonic Inc. (NASDAQ:HLIT) shares with value of $20,040 were bought by Reaugh Mitzi. KVAMME FLOYD E had bought 20,000 shares worth $74,000. 1,738 Harmonic Inc. (NASDAQ:HLIT) shares with value of $6,952 were sold by Kalra Sanjay.

Analysts expect Harmonic Inc. (NASDAQ:HLIT) to report $-0.05 EPS on October, 29.They anticipate $0.03 EPS change or 150.00 % from last quarter’s $-0.02 EPS. After having $0.01 EPS previously, Harmonic Inc.’s analysts see -600.00 % EPS growth. The stock decreased 0.18% or $0.01 during the last trading session, reaching $5.49. About 415,381 shares traded or 30.32% up from the average. Harmonic Inc. (NASDAQ:HLIT) has risen 79.31% since October 2, 2017 and is uptrending. It has outperformed by 63.69% the S&P500.

Harmonic Inc. (NASDAQ:HLIT) Ratings Coverage

Among 2 analysts covering Harmonic (NASDAQ:HLIT), 1 have Buy rating, 0 Sell and 1 Hold. Therefore 50% are positive. Harmonic had 2 analyst reports since May 1, 2018 according to SRatingsIntel. The firm has “Market Perform” rating given on Tuesday, May 1 by Raymond James.

Harmonic Inc. designs, manufactures, and sells video infrastructure products and system solutions worldwide. The company has market cap of $472.31 million. The Company’s products enable clients to create, prepare, and deliver a range of video and broadband services to consumer devices, including televisions, personal computers, laptops, tablets, and smart phones. It currently has negative earnings. The firm operates in two divisions, Video and Cable Edge.

Another recent and important Harmonic Inc. (NASDAQ:HLIT) news was published by Benzinga.com which published an article titled: “Loop Capital: Cable, Video Segments Are 2 Reasons To Like Harmonic” on September 21, 2018.

Harmonic Inc. (NASDAQ:HLIT) Institutional Positions Chart

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