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Last €110.86 EUR
Change Today -1.25 / -1.11%
Volume 0.0
As of 1:56 PM 05/29/15 All times are local (Market data is delayed by at least 15 minutes).

harman international (HII) Snapshot

Open
€111.36
Previous Close
€112.11
Day High
€111.66
Day Low
€109.94
52 Week High
04/23/15 - €137.77
52 Week Low
10/14/14 - €66.69
Market Cap
7.9B
Average Volume 10 Days
7.2
EPS TTM
--
Shares Outstanding
71.2M
EX-Date
05/7/15
P/E TM
--
Dividend
€1.29
Dividend Yield
1.00%
Current Stock Chart for HARMAN INTERNATIONAL (HII)

harman international (HII) Details

Harman International Industries, Incorporated develops, manufactures, and markets audio products, lighting solutions, and electronic systems, as well as digitally integrated audio and infotainment systems for the automotive industry worldwide. Its Infotainment segment offers infotainment systems for vehicle applications to be installed primarily as original equipment by automotive manufacturers. The company’s Lifestyle segment provides automotive audio systems for vehicle applications; and a range of mid-to high-end audio and electronics for home, multimedia, and mobile applications. It also offers home audio and theater systems, and distributed systems for home applications; a range of accessories, such as ear buds, noise cancelling headphones, and ear phones for multimedia applications; transducers and built-in speakers for notebook computers; audio systems for personal computers; and aftermarket mobile products, including speakers, amplifiers, and digital signal processors that are used in-car audio products. This segment markets its products under the AKG, Harman/Kardon, Infinity, JBL, Logic 7, Mark Levinson, Lexicon, Revel, Selenium, and yurbuds brands. Its Professional segment provides a range of loudspeakers, power amplifiers, digital signal processors, microphones, headphones, mixing consoles, lighting systems, video and control solutions, and information delivery systems that are used in concert halls, stadiums, airports, houses of worship, and public spaces; products to the sound reinforcement, music instrument support, and broadcast and recording segments of the professional audio market; and systems solutions for professional installations and users. This segment markets its products under the AKG, AMX, BSS, Crown, dbx, DigiTech, JBL Professional, Lexicon, Martin, Selenium, Soundcraft, and Studer brands. Harman International Industries, Incorporated was founded in 1980 and is headquartered in Stamford, Connecticut.

14,202 Employees
Last Reported Date: 08/7/14
Founded in 1980

harman international (HII) Top Compensated Officers

Chairman, Chief Executive Officer and Preside...
Total Annual Compensation: $1.2M
Executive Vice President and President of Lif...
Total Annual Compensation: $519.0K
Executive Vice President and President of Inf...
Total Annual Compensation: $501.2K
Executive Vice President and President of Pro...
Total Annual Compensation: $484.5K
Executive Vice President of Operational Excel...
Total Annual Compensation: $560.0K
Compensation as of Fiscal Year 2014.

harman international (HII) Key Developments

Harman International Industries Seeks Acquisitions

Harman International Industries, Incorporated (NYSE:HAR) has priced an underwritten public offering of $400 million aggregate principal amount of 4.150% Senior Notes due 2025. The Company intends to use the net proceeds for the repayment of a portion of the current balance of the Company's revolving credit facility and use the remainder for general corporate purposes, which may include, among other things, capital expenditures, acquisitions, investments, share repurchases, dividend payments and the repayment, redemption or refinancing of all or a portion of any indebtedness or other securities outstanding at a particular time.

Harman International Industries, Incorporated Announces Unaudited Consolidated Earnings Results for the Third Quarter and First Nine Months Ended March 31, 2015; Updates Financial Guidance for the Full Year of Fiscal 2015

Harman International Industries, Incorporated announced unaudited consolidated earnings results for the third quarter and first nine months ended March 31, 2015. For the quarter, the company announced net sales of $1,464,193,000 compared to $1,404,235,000 for the same period a year ago. Operating income was $91,507,000 compared to $101,433,000 for the same period a year ago. Income before income taxes was $89,618,000 compared to $95,866,000 for the same period a year ago. Net income was $70,249,000 compared to $73,385,000 for the same period a year ago. Net income attributable to the company was $70,295,000 compared to $73,385,000 for the same period a year ago. Earnings per share, diluted were $0.99 compared to $1.05 for the same period a year ago. Operating income as adjusted was $114,105,000 compared to $108,078,000 for the same period a year ago. EBITDA was $131,769,000 compared to $134,496,000 for the same period a year ago. EBITDA, adjusted was $149,815,000 compared to $139,055,000 for the same period a year ago. Adjusted net income attributable to the company was $87 million compared to $78 million for the same period a year ago. Adjusted diluted earnings per share were $1.22 compared to $1.12 for the same period a year ago. Adjusted income before income taxes was $112,216,000 compared to $102,511,000 for the same period a year ago. For the first nine months, the company announced net sales of $4,476,664,000 compared to $3,904,064,000 for the same period a year ago. Operating income was $356,047,000 compared to $272,671,000 for the same period a year ago. Income before income taxes was $345,620,000 compared to $256,187,000 for the same period a year ago. Net income was $269,347,000 compared to $191,466,000 for the same period a year ago. Net income attributable to the company was $269,503,000 compared to $191,466,000 for the same period a year ago. Earnings per share, diluted were $3.83 compared to $2.74 for the same period a year ago. Operating income as adjusted was $403,999,000 compared to $309,204,000 for the same period a year ago. EBITDA was $470,855,000 compared to $369,973,000 for the same period a year ago. EBITDA, adjusted was $511,470,000 compared to $400,965,000 for the same period a year ago. Adjusted net income attributable to the company was $305 million compared to $221 million for the same period a year ago. Adjusted diluted earnings per share were $4.33 compared to $3.16 for the same period a year ago. Adjusted income before income taxes was $393,572,000 compared to $292,720,000 for the same period a year ago. The company updated financial guidance for the full year of fiscal 2015. The company now forecasts fiscal 2015 revenue of $6.0 billion and operational earnings per share of $5.65 and EBITDA of $695 million. The majority of the EPS reduction is related to weakness in certain geographic markets in the company’s professional business, with the remainder being foreign currency translation impact on the total company. The company previously in January 2015 expects to report revenue as $6.0 billion, EBITDA of $715 million and EPS of $5.85. Interest & Misc. now expected to be $17 million compared to $23 million previous expectation in January 2015. Tax rate expected to be 24% same as previous expectation in January 2015.

Harman International Industries, Incorporated Declares Quarterly Cash Dividend, Payable on May 26, 2015

Harman International Industries, Incorporated declared a cash dividend on April 30, 2015 of $0.33 per share for the quarter ended March 31, 2015. The quarterly dividend will be paid on May 26, 2015, to each stockholder of record as of the close of business on May 11, 2015.

 

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Industry Analysis

HII

Industry Average

Valuation HII Industry Range
Price/Earnings 27.5x
Price/Sales 1.4x
Price/Book 3.9x
Price/Cash Flow 27.8x
TEV/Sales 1.3x
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