$41.19

5.69 (16.03%)

2/9/2010 4:02 PM

Harman International Industries, Inc./DE/ (HAR)

CAPS Rating:

The Company designs, manufactures and markets audio products and electronic systems for the automotive, consumer and professional markets.

Rating a stock in CAPS consists of three components:

Your call - Will this stock outperform or underperform the S&P 500? Successful picks are measured in terms of whether or not you were correct and by how many percentage points.

Your time frame - A guideline for other members to see whether your thinking is short or long-term. Time frame is also used to calculate the stock rating, but is not used in the scoring of your pick.

Your pitch - Here's your chance to offer more detailed thoughts, analysis, concerns, or the rationale behind your call. The pitch is optional and may be added later.

Each time you rate a stock, CAPS updates the community intelligence for the company, which may or may not change its CAPS rating. For more information, visit the Help tab at the top of the page.

You aren't currently rating HAR

Add Stock to Watchlist

What the Community Thinks

Total Members

139 Outperforms

31 Underperforms

All-Stars

50 Outperforms

10 Underperforms

Wall Street

7 Outperforms

3 Underperforms

Members bullish on HAR are also bullish on:

Members bearish on HAR are also bearish on:

Ticker Tags

Small Cap (1645), Growth (1902), Household Durables (91), Aggressive Growth (860), Cyclical (3415), S&P 500 (499), Consumer Discretionary (795)
Suggest a tag

Harman International Industries, Inc./DE/ At A Glance

Current Price:	$41.19
Last Trade Time:	2/9/2010 4:02 PM
Open:	$38.53
Previous Close:	$35.50
Daily Range:	$38.02 - $42.06
52-Week Range:	$9.17 - $40.33
Volume:	5,804,561
Market Cap:	$2.86B
P/E Ratio:	21.12
Compare Our Special Broker Offers!

Stock Trends

HAR VS S&P 500 (SPY)

News & Discussion Boards

Other News Headlines for HAR

$ Stocks in the Spotlight Tuesday
2/9/2010 5:16:00 PM -
Harman shares soar on return to profit
2/9/2010 1:12:00 PM -
($) Harman Breaks Out
2/9/2010 12:26:39 PM -
($) Down With That Dollar!
2/9/2010 10:45:05 AM -

More Headlines...

Top Bull Pitch

Recs

0 Harman International Industries, Inc./DE/ (HAR)

Avatar rntamez (24.66) Submitted: 4/13/07 9:54 AM

Harman continues to lead the market in home theater systems. The growth potential is great and looks like a good buy.

Replies: 0 | Reply | Permalink

Top Bear Pitch

Recs

2 Harman International Industries, Inc./DE/ (HAR)

Avatar jed71 (77.47) Submitted: 10/30/09 11:12 AM

OK, this stock definitely wins the stupid award of the day.

"Harman International Industries, Incorporated (Harman International) is engaged in the development, manufacture and marketing of high-fidelity audio products and electronic systems." This sentence should end with "in a recession." Can an...More

Replies: 0 | Reply | Permalink

CAPS Members

Show Me:

Sort by:

picks per page. CHANGE

Results 1 - 5 of 23 : 1 2 3 4 5 Next »

Recs 0 (HAR) Kvedarna (96.07) Submitted: 12/02/09 12:03 PM : Start Price: $14.49 HAR Score: 153.94 I figured that if Goldman Sachs et al were once willing to buy the firm for $120 a share, an $8 billion valuation, it was worth a look at lower levels. I also figured that even though autos were never going to be rip roaring success for American producers that the computer automated systems for controlling much of typical dashboards would be gaining more and more market share world wide. It was a risk/reward trade. As autos recover, it should continue to improve. Look at this from 2007: NEW YORK (Reuters) - Two private equity firms said on Monday that they would invest $400 million in Harman International Industries Inc (HAR.N) debt as part of a deal to end their proposed buyout and avoid a long and expensive legal battle. Kohlberg Kravis Roberts & Co LP KKR.UL and Goldman Sachs Group Inc's (GS.N) private equity arm last month backed out of their $8 billion agreement to buy the audio equipment maker, citing what they said were material adverse changes in its business. The takeover agreement had a $225 million break-up fee, meaning Harman could pursue various measures to collect the money. Founder and Executive Chairman Sidney Harman on Monday repeated the company's stance that it disagreed with the reasons the private equity firms gave for backing out. But rather than engage in a long and potentially expensive legal battle, Harman and the private equity firms came to an agreement, saying there would be no litigation of the matter. The two firms will instead buy $400 million of 1.25 percent company senior notes that can be converted, under some circumstances, into Harman stock at $104 per share. The takeover deal had valued Harman at $120 per share. ===================================================== I wonder just how the 1.25% converts trade, and if the buyers shorted stock against it. Report this Post Replies: 0 \| Reply \| Permalink Oops! There appears to be a problem with your comment. Check to see if there's something you left out. Recs 1 (HAR) Paramnesia1930 (79.97) Submitted: 11/03/09 8:46 AM : Start Price: $36.18 HAR Score: -10.49 More than 12% above its 50-Day Moving Average. Report this Post Replies: 0 \| Reply \| Permalink Oops! There appears to be a problem with your comment. Check to see if there's something you left out. Recs 2 (HAR) jed71 (77.47) Submitted: 10/30/09 11:12 AM : Start Price: $39.98 HAR Score: -1.58 OK, this stock definitely wins the stupid award of the day. "Harman International Industries, Incorporated (Harman International) is engaged in the development, manufacture and marketing of high-fidelity audio products and electronic systems." This sentence should end with "in a recession." Can anyone say "lack of consumer discretionary spending?" Sure you can! The company announced a loss (yes, loss) in 2Q of $.05 cents a share beating estimates of a $0.23 a share loss. And the shareholders got OH SOOOO excited so they bid the stock up 21% in a single day? Boy and I thought the market was looking for just about ANY GOOD NEWS to bid up the market, silly me. This is a firm that has not made a single cent in the past 5 quarters of operations. And its 2011 forecasted P/E is now 31. Give me a break. This company hasn't even proven it can make money in a single quarter and yet it deserves a multiple like that? Have I mentioned the debt or book value? So they have $631MM in debt, book value of 2.5, a negative ROE and massive Capital Expenditures burning through their operating cash. This looks so tasty I may have to buy a few puts and see what happens. Report this Post Replies: 0 \| Reply \| Permalink Oops! There appears to be a problem with your comment. Check to see if there's something you left out. Recs 0 (HAR) neverabear (92.60) Submitted: 1/02/09 9:00 PM : Start Price: $18.00 HAR Score: 111.09 Hold for long term for excellent gains. Report this Post Replies: 0 \| Reply \| Permalink Oops! There appears to be a problem with your comment. Check to see if there's something you left out. Recs 0 (HAR) dothedow (56.39) Submitted: 5/03/08 12:35 AM : Start Price: $41.55 HAR Score: 20.30 value pick Report this Post Replies: 0 \| Reply \| Permalink Oops! There appears to be a problem with your comment. Check to see if there's something you left out.
Results 1 - 5 of 23 : 1 2 3 4 5 Next »

Wall Street

Results 1 - 10 of 10

picks per page. CHANGE Expand All Pitches Collapse All Pitches

Top Pick	Member Name	Member Rating	Start Date	Call	Time Frame	Start Price	Stock Gain	S&P Gain	Score	Pitch
	TrackRBCCapMkts	86.33	02/09/10		NS	$41.53	-0.82%	+0.22%	-1.04
	TrackJPMorgan	84.76	08/26/09		NS	$28.29	+45.60%	+4.22%	+41.38
	TrackRWBaird	87.00	06/18/09		NS	$18.75	+119.68%	+18.15%	-101.53
	TrackEinhorn	99.40	06/08/09		1Y	$20.36	+102.31%	+15.45%	+86.86
	TrackCreditSuiss	93.62	02/05/09		NS	$11.50	+258.14%	+31.94%	-226.20
	TrackBRogers	97.70	05/28/08		1Y	$44.01	-6.40%	-20.01%	+13.61
	TrackRonBaron	59.71	03/31/08		NS	$43.46	-5.21%	-15.75%	+10.54
	TrackJimCramer	< 20	02/01/08		3W	$47.89	-14.00%	-19.94%	-5.95
	TrackLehmanBros	85.06	10/01/07		NS	$86.79	-52.54%	-26.39%	-26.15
	TrackScottBleier	91.98	09/28/07		3M	$86.31	-52.28%	-26.38%	-25.90

Results 1 - 10 of 10

Beat this Stock

Clicking "Beat this Stock!" will bring you to a company with a higher rating than the one you're currently viewing.

Even though CAPS shows only one- to five-star rankings, behind the scenes, all companies in CAPS have a distinct numerical ranking. In other words, there is a No. 1 stock in CAPS and a worst-ranked stock in CAPS. When you arrive at the top-ranked stock, clicking "Beat this Stock!" will cause the page to refresh.

That is, until there is a new No. 1 stock!

These companies do not represent formal Motley Fool recommendations. Please do your own due diligence before investing. Fool on.