Q2 EPS Estimates for Viavi Solutions Boosted by Analyst

Key Points

• Northland Securities raised Viavi Solutions’ Q2 2027 EPS estimate to $0.38 from $0.29 and forecasts Q3 2027 EPS of $0.34.
• Viavi’s latest quarterly results exceeded expectations, with EPS of $0.34 versus $0.30 expected and revenue of $443.1 million, up 52.5% year over year.
• Analyst sentiment remains mixed but leans positive: the stock has a “Moderate Buy” consensus rating and an average price target of $49.88, despite UBS lowering its target to $44 and maintaining a neutral rating.

Viavi Solutions Inc. (NASDAQ:VIAV - Free Report) - Northland Securities upped their Q2 2027 EPS estimates for shares of Viavi Solutions in a research note issued to investors on Thursday, August 6th. Northland Securities analyst T. Savageaux now expects that the communications equipment provider will post earnings per share of $0.38 for the quarter, up from their previous estimate of $0.29. The consensus estimate for Viavi Solutions' current full-year earnings is $1.02 per share. Northland Securities also issued estimates for Viavi Solutions' Q3 2027 earnings at $0.34 EPS.

A number of other research analysts have also recently issued reports on the company. UBS Group decreased their target price on Viavi Solutions from $60.00 to $44.00 and set a "neutral" rating on the stock in a research report on Thursday, August 6th. Weiss Ratings cut shares of Viavi Solutions from a "sell (d+)" rating to a "sell (d)" rating in a report on Tuesday. Wall Street Zen upgraded shares of Viavi Solutions from a "hold" rating to a "buy" rating in a research note on Saturday, May 2nd. Rosenblatt Securities reaffirmed a "buy" rating and set a $70.00 price target on shares of Viavi Solutions in a report on Thursday, August 6th. Finally, Susquehanna upped their price objective on shares of Viavi Solutions from $65.00 to $66.00 and gave the stock a "positive" rating in a research report on Wednesday, July 1st. Six equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Viavi Solutions currently has a consensus rating of "Moderate Buy" and an average price target of $49.88.

Viavi Solutions Trading Up 12.3%

Shares of VIAV opened at $43.11 on Thursday. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.62 and a current ratio of 1.85. Viavi Solutions has a 52-week low of $10.30 and a 52-week high of $60.43. The firm has a market cap of $10.08 billion, a price-to-earnings ratio of -287.38 and a beta of 1.21. The business's fifty day moving average is $43.51 and its 200-day moving average is $39.54.

Viavi Solutions (NASDAQ:VIAV - Get Free Report) last announced its quarterly earnings data on Wednesday, August 5th. The communications equipment provider reported $0.34 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.30 by $0.04. Viavi Solutions had a negative net margin of 2.00% and a positive return on equity of 19.60%. The business had revenue of $443.10 million for the quarter, compared to analysts' expectations of $432.62 million. During the same period last year, the firm posted $0.13 earnings per share. The firm's quarterly revenue was up 52.5% compared to the same quarter last year. Viavi Solutions has set its Q1 2027 guidance at 0.400-0.420 EPS.

Insiders Place Their Bets

In related news, EVP Paul Mcnab sold 1,595 shares of the business's stock in a transaction on Monday, August 10th. The stock was sold at an average price of $37.37, for a total transaction of $59,605.15. Following the sale, the executive vice president owned 13,876 shares in the company, valued at $518,546.12. The trade was a 10.31% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. 1.80% of the stock is owned by corporate insiders.

Institutional Trading of Viavi Solutions

Hedge funds and other institutional investors have recently made changes to their positions in the company. Jefferies Financial Group Inc. acquired a new stake in Viavi Solutions during the 4th quarter worth about $1,803,000. Phocas Financial Corp. bought a new position in shares of Viavi Solutions in the 4th quarter worth about $3,772,000. Jackson Creek Investment Advisors LLC acquired a new position in shares of Viavi Solutions in the 4th quarter valued at about $1,887,000. Tensor Edge Capital LLC acquired a new position in shares of Viavi Solutions in the 4th quarter valued at about $2,673,000. Finally, Intech Investment Management LLC boosted its position in shares of Viavi Solutions by 29.1% during the 4th quarter. Intech Investment Management LLC now owns 109,258 shares of the communications equipment provider's stock valued at $1,947,000 after purchasing an additional 24,638 shares in the last quarter. 95.54% of the stock is currently owned by institutional investors.

Viavi Solutions Company Profile

Viavi Solutions Inc is a provider of network test, monitoring and assurance solutions for communications service providers, cable operators, enterprises and government agencies. The company offers an extensive portfolio of fiber optic and copper cable test and measurement instruments, wireless network testing equipment and network performance monitoring software. Its products are designed to support the deployment, maintenance and optimization of high-speed broadband, 5G wireless, data center and enterprise networks.

Viavi's product offerings are organized into two primary segments: Network & Service Enablement and Optical Security & Performance.

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