Viavi Solutions' (VIAV) Hold (C-) Rating Reaffirmed at Weiss Ratings

Key Points

• Viavi Solutions has had its "hold (C-)" rating reaffirmed by Weiss Ratings, indicating analysts' cautious stance towards the stock amidst mixed opinions from other firms.
• Several analysts have raised their price targets, with Stifel Nicolaus setting it at $15.00 following a "buy" rating, while the average price target is currently $13.72.
• Viavi Solutions reported a 15.3% increase in quarterly revenue year-over-year, exceeding expectations with an EPS of $0.13, up from $0.08 the previous year.

Viavi Solutions (NASDAQ:VIAV - Get Free Report)'s stock had its "hold (c-)" rating reiterated by analysts at Weiss Ratings in a research report issued to clients and investors on Friday,Weiss Ratings reports.

Several other analysts have also commented on the stock. Susquehanna raised shares of Viavi Solutions from a "neutral" rating to a "positive" rating and set a $15.00 price objective on the stock in a research report 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 report on Friday, August 8th. Stifel Nicolaus reaffirmed a "buy" rating and issued a $15.00 price objective (up previously from $13.00) on shares of Viavi Solutions in a research report on Monday, October 13th. 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 report on Friday, August 8th. Finally, Morgan Stanley raised shares of Viavi Solutions from an "underweight" rating to an "equal weight" rating and set a $11.00 price objective on the stock in a research report on Tuesday, September 2nd. Six investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company's stock. According to data from MarketBeat, Viavi Solutions presently has an average rating of "Moderate Buy" and a consensus price target of $13.72.

Viavi Solutions Trading Up 2.5%

Shares of VIAV traded up $0.33 during trading hours on Friday, hitting $13.75. 4,943,187 shares of the stock were exchanged, compared to its average volume of 2,448,690. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.50 and a quick ratio of 1.30. The firm has a market capitalization of $3.06 billion, a P/E ratio of 49.70 and a beta of 0.90. The business has a 50-day moving average of $12.16 and a 200-day moving average of $10.65. Viavi Solutions has a fifty-two week low of $8.10 and a fifty-two week high of $13.92.

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

Insider Buying and Selling at Viavi Solutions

In related news, SVP Luke M. Scrivanich sold 11,873 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 $132,740.14. Following the sale, the senior vice president owned 66,836 shares in the company, valued at approximately $747,226.48. This trade represents a 15.08% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Richard Belluzzo sold 8,387 shares of Viavi Solutions stock in a transaction that occurred 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 sale, the director owned 217,154 shares of the company's stock, valued at approximately $2,742,655.02. The trade was a 3.72% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 73,789 shares of company stock valued at $857,189 in the last three months. Company insiders own 1.80% of the company's stock.

Institutional Trading of Viavi Solutions

Several institutional investors and hedge funds have recently made changes to their positions in VIAV. GAMMA Investing LLC grew its position in Viavi Solutions by 33.6% in the third quarter. GAMMA Investing LLC now owns 3,278 shares of the communications equipment provider's stock worth $42,000 after acquiring an additional 825 shares in the last quarter. Family Legacy Financial Solutions LLC purchased a new position in shares of Viavi Solutions in the 2nd quarter worth about $43,000. Nisa Investment Advisors LLC increased its position in shares of Viavi Solutions by 32.0% during the 3rd quarter. Nisa Investment Advisors LLC now owns 3,707 shares of the communications equipment provider's stock valued at $47,000 after purchasing an additional 898 shares during the last quarter. AlphaQuest LLC purchased a new position in shares of Viavi Solutions during the 1st quarter valued at about $55,000. Finally, First Horizon Advisors Inc. raised its holdings in shares of Viavi Solutions by 29.1% during the 1st quarter. First Horizon Advisors Inc. now owns 5,046 shares of the communications equipment provider's stock valued at $56,000 after buying an additional 1,138 shares in the last quarter. 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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