Viavi Solutions Inc. (NASDAQ:VIAV) Given Consensus Recommendation of "Moderate Buy" by Analysts

Key Points

• Viavi Solutions Inc. has received a consensus recommendation of "Moderate Buy" from nine research firms, with an average 12-month price target of $13.50.
• Recent upgrades from analysts include a raise from Morgan Stanley to an "equal weight" rating with a target price of $11, and from Susquehanna to a "positive" rating with a target price of $15.
• The company's Q1 earnings beat expectations with $0.13 earnings per share, up from $0.08 per share in the same quarter last year, and revenue increased by 15.3% year-over-year.

Viavi Solutions Inc. (NASDAQ:VIAV - Get Free Report) has received a consensus recommendation of "Moderate Buy" from the nine research firms that are covering the firm, MarketBeat Ratings reports. Three analysts have rated the stock with a hold recommendation and six have assigned a buy recommendation to the company. The average 12-month price target among analysts that have covered the stock in the last year is $13.50.

VIAV has been the subject of several recent analyst reports. Morgan Stanley upgraded shares of Viavi Solutions from an "underweight" rating to an "equal weight" rating and set a $11.00 target price for the company in a research note on Tuesday, September 2nd. Susquehanna upgraded shares of Viavi Solutions from a "neutral" rating to a "positive" rating and set a $15.00 price objective for the company in a research note on Friday, August 8th. B. Riley lifted their price objective on shares of Viavi Solutions from $11.00 to $12.00 and gave the stock a "neutral" rating in a research note on Friday, August 8th. UBS Group lifted their price objective on shares of Viavi Solutions from $11.00 to $12.00 and gave the stock a "neutral" rating in a research note on Friday, August 8th. Finally, Rosenblatt Securities reiterated a "buy" rating and set a $13.50 price objective on shares of Viavi Solutions in a research note on Friday, June 20th.

Viavi Solutions Price Performance

Shares of VIAV opened at $12.79 on Thursday. The company has a market cap of $2.85 billion, a price-to-earnings ratio of 79.94 and a beta of 0.90. Viavi Solutions has a twelve month low of $8.10 and a twelve month high of $12.91. The company has a quick ratio of 1.30, a current ratio of 1.50 and a debt-to-equity ratio of 0.51. The company has a 50 day moving average of $11.28 and a two-hundred day moving average of $10.42.

Viavi Solutions (NASDAQ:VIAV - Get Free Report) last announced its earnings results on Thursday, August 7th. The communications equipment provider reported $0.13 earnings per share for the quarter, beating the consensus estimate of $0.12 by $0.01. The company had revenue of $290.50 million during the quarter, compared to the consensus estimate of $285.19 million. Viavi Solutions had a net margin of 3.21% and a return on equity of 8.02%. Viavi Solutions's revenue was up 15.3% compared to the same quarter last year. During the same period last year, the firm earned $0.08 earnings per share. Viavi Solutions has set its Q1 2026 guidance at 0.130-0.14 EPS. As a group, analysts predict that Viavi Solutions will post 0.26 earnings per share for the current fiscal year.

Insider Transactions at Viavi Solutions

In other news, Director Richard Belluzzo sold 8,387 shares of Viavi Solutions stock in a transaction on Wednesday, October 1st. The shares were sold at an average price of $12.63, for a total transaction of $105,927.81. Following the completion of the sale, the director directly owned 217,154 shares in the company, valued at approximately $2,742,655.02. The trade was a 3.72% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, SVP Luke M. Scrivanich sold 8,987 shares of Viavi Solutions stock in a transaction on Thursday, September 25th. The stock was sold at an average price of $12.17, for a total transaction of $109,371.79. Following the sale, the senior vice president owned 79,335 shares of the company's stock, valued at $965,506.95. The trade was a 10.18% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 73,789 shares of company stock worth $857,189. Company insiders own 1.52% of the company's stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in VIAV. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in Viavi Solutions by 26.9% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 509,746 shares of the communications equipment provider's stock valued at $5,148,000 after purchasing an additional 107,917 shares during the period. GAMMA Investing LLC lifted its position in Viavi Solutions by 1,429.1% during the first quarter. GAMMA Investing LLC now owns 39,008 shares of the communications equipment provider's stock valued at $436,000 after purchasing an additional 36,457 shares during the period. Heritage Family Offices LLP lifted its position in Viavi Solutions by 7.5% during the first quarter. Heritage Family Offices LLP now owns 14,970 shares of the communications equipment provider's stock valued at $168,000 after purchasing an additional 1,045 shares during the period. Handelsbanken Fonder AB lifted its position in Viavi Solutions by 22.5% during the first quarter. Handelsbanken Fonder AB now owns 81,610 shares of the communications equipment provider's stock valued at $913,000 after purchasing an additional 15,000 shares during the period. Finally, Assenagon Asset Management S.A. lifted its position in Viavi Solutions by 36.0% during the first quarter. Assenagon Asset Management S.A. now owns 880,328 shares of the communications equipment provider's stock valued at $9,851,000 after purchasing an additional 232,951 shares during the period. 95.54% of the stock is currently owned by institutional investors and hedge funds.

Viavi Solutions Company Profile

Viavi Solutions, Inc engages in the provision of network test, monitoring, and assurance solutions for communications service providers, enterprises, network equipment manufacturers, government and avionics. It operates through the following segments: Network Enablement, Service Enablement, and Optical Security and Performance.

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