Stock Updates

Is this Large Market Cap Stock target price reasonable for Harman International Industries, Incorporated (NYSE:HAR)?

The company in question is, Harman International Industries, Incorporated (NYSE:HAR) currently with a stock price of 80.54 (1.47% today). The market cap for Harman International Industries, Incorporated is 5558.28, and is in the sector Consumer Goods, and Electronic Equipment industry. The target price for Harman International Industries, Incorporated is 94.92. Currently Harman International Industries, Incorporated is trading with a P/E of 15.94, and a forward P/E of 10.69. Average volume for Harman International Industries, Incorporated is 768.17 and so far today it is 243502.

Performance in the last year for Harman International Industries, Incorporated has been -21.99%. For EPS growth, Harman International Industries, Incorporated has seen a growth of 3.10%, and is looking to grow in the next year to 8.46%. More long term stats show that EPS growth has been 21.30% over the last five years and could be 14.73% for the next five years. Harman International Industries, Incorporated has seen sales growth quarter over quarter at 12.00%, with EPS growth quarter over quarter at -0.40%. The 20-day simple moving average is -4.19%, with the 200-day simple moving average coming to 1.09%.

Since the IPO date for Harman International Industries, Incorporated on the 11/14/1986, Harman International Industries, Incorporated has seen performance year to date to be -14.58%. With Harman International Industries, Incorporated trading at 80.54, the dividend yield is 1.76%, and the EPS is 4.98.

So could Harman International Industries, Incorporated, be undervalued? Well as said before P/E is 15.94. The PEG is 1.08, P/S is 0.8 and the P/B is at 2.31. The P/cash is 9.23, with P/free cash flow at 37.73.

Harman International Industries, Incorporated ability to deal with debt shows that the current ratio is 1.6, and the quick ratio is 1.2. This is with long term debt/equity at 0.54, and total debt/equity at 0.57.

In terms of margins, Harman International Industries, Incorporated has a gross margin of 30.30%, an operating margin of 8.40% and a profit margin of 5.20%.Payout ratio for Harman International Industries, Incorporated is 27.80%. Return on assets come to 6.20% with return on investment coming to 10.70%.

Insider ownership for Harman International Industries, Incorporated, is at 0.50% and institutional ownership comes to 98.50%. Outstanding shares are at 70.03. While shares float is 69.34. The float short is currently 4.09%, and short ratio is 3.7.

Disclaimer: Remember there is a risk to your investment, this is not a recommendation, nor personal advice, never invest more than you are able too loose.

About the author

Peter Clarke

Leave a Comment