Viavi Solutions Inc. (NASDAQ:VIAV) Receives Average Rating of "Moderate Buy" from Brokerages

Key Points

• Viavi Solutions Inc. has received a consensus recommendation of "Moderate Buy" from nine brokerages, with an average 1-year price target of $13.50.
• The company reported a quarterly earnings per share (EPS) of $0.13, exceeding analysts' estimates, and experienced a 15.3% increase in revenue year-over-year, totaling $290.50 million.
• Significant insider transactions occurred recently, including a director selling 8,385 shares, which represents a 3.58% decrease in their ownership of the company.

Viavi Solutions Inc. (NASDAQ:VIAV - Get Free Report) has been assigned a consensus recommendation of "Moderate Buy" from the nine brokerages that are currently covering the stock, Marketbeat.com reports. Three equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The average 1-year price target among brokers that have issued ratings on the stock in the last year is $13.50.

Several equities analysts have weighed in on the company. Wall Street Zen raised Viavi Solutions from a "buy" rating to a "strong-buy" rating in a report on Tuesday, May 13th. B. Riley increased their price objective on Viavi Solutions from $11.00 to $12.00 and gave the company a "neutral" rating in a report on Friday, August 8th. Morgan Stanley raised Viavi Solutions from an "underweight" rating to an "equal weight" rating and set a $11.00 price objective for the company in a report on Tuesday, September 2nd. Rosenblatt Securities reissued a "buy" rating and set a $13.50 price objective on shares of Viavi Solutions in a report on Friday, June 20th. Finally, Susquehanna raised Viavi Solutions from a "neutral" rating to a "positive" rating and set a $15.00 price objective for the company in a report on Friday, August 8th.

Viavi Solutions Stock Performance

Shares of VIAV opened at $11.66 on Friday. The company has a current ratio of 1.50, a quick ratio of 1.30 and a debt-to-equity ratio of 0.51. The company has a market capitalization of $2.60 billion, a price-to-earnings ratio of 72.88 and a beta of 0.91. The stock has a 50 day moving average of $10.57 and a 200 day moving average of $10.28. Viavi Solutions has a 12 month low of $7.80 and a 12 month high of $12.91.

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

Insider Buying and Selling at Viavi Solutions

In other Viavi Solutions news, Director Richard Belluzzo sold 8,385 shares of the stock in a transaction on Tuesday, September 2nd. The stock was sold at an average price of $11.34, for a total transaction of $95,085.90. Following the sale, the director owned 225,541 shares in the company, valued at $2,557,634.94. This represents a 3.58% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, SVP Kevin Christopher Siebert sold 13,115 shares of the stock in a transaction on Friday, August 29th. The stock was sold at an average price of $11.18, for a total value of $146,625.70. Following the sale, the senior vice president owned 71,159 shares in the company, valued at approximately $795,557.62. This represents a 15.56% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 54,873 shares of company stock valued at $605,095. Company insiders own 1.52% of the company's stock.

Institutional Investors Weigh In On Viavi Solutions

Institutional investors have recently made changes to their positions in the stock. KBC Group NV lifted its position in shares of Viavi Solutions by 38.1% during the first quarter. KBC Group NV now owns 12,967 shares of the communications equipment provider's stock worth $145,000 after acquiring an additional 3,579 shares in the last quarter. Wakefield Asset Management LLLP purchased a new stake in shares of Viavi Solutions during the first quarter worth $1,098,000. Principal Financial Group Inc. lifted its position in shares of Viavi Solutions by 2.8% during the first quarter. Principal Financial Group Inc. now owns 1,106,034 shares of the communications equipment provider's stock worth $12,377,000 after acquiring an additional 30,359 shares in the last quarter. GAMMA Investing LLC lifted its position in shares of 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 worth $436,000 after acquiring an additional 36,457 shares in the last quarter. Finally, Versor Investments LP purchased a new stake in shares of Viavi Solutions during the first quarter worth $1,225,000. Hedge funds and other institutional investors own 95.54% of the company's stock.

About Viavi Solutions

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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