NASDAQ:VIAV

Viavi Solutions (VIAV) Stock Price, News & Analysis

$7.95
-0.12 (-1.49%)
(As of 04/22/2024 ET)
Today's Range
$7.94
$8.11
50-Day Range
$8.07
$10.99
52-Week Range
$7.26
$11.65
Volume
1.29 million shs
Average Volume
2.13 million shs
Market Capitalization
$1.77 billion
P/E Ratio
397.50
Dividend Yield
N/A
Price Target
$13.60

Viavi Solutions MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
71.1% Upside
$13.60 Price Target
Short Interest
Healthy
2.34% of Float Sold Short
Dividend Strength
N/A
Sustainability
-1.44
Upright™ Environmental Score
News Sentiment
0.48mentions of Viavi Solutions in the last 14 days
Based on 2 Articles This Week
Insider Trading
Selling Shares
$319,841 Sold Last Quarter
Proj. Earnings Growth
77.27%
From $0.22 to $0.39 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.88 out of 5 stars

Computer And Technology Sector

26th out of 585 stocks

Semiconductors & Related Devices Industry

8th out of 86 stocks

VIAV stock logo

About Viavi Solutions Stock (NASDAQ:VIAV)

Viavi Solutions Inc. provides network test, monitoring, and assurance solutions for communications service providers, hyperscalers, network equipment manufacturers, original equipment manufacturers, government, and avionics customers in the Americas, the Asia-Pacific, Europe, the Middle East, and Africa. The company operates through three segments: Network Enablement (NE), Service Enablement (SE), and Optical Security and Performance Products (OSP). The NE segment offers testing solutions that access the network to perform build-out and maintenance tasks. Its solutions include instruments, software, and services to design, build, activate, certify, troubleshoot, and optimize networks; and test and measurement instrumentation for communication and safety. It also offers support and professional services, such as repair, calibration, software support, and technical assistance for the products; and system integration projects, including project management, installation, and implementation, as well as product and technology training, and consulting services. The SE segment provides embedded systems and enterprise performance management solutions for communication service providers, enterprises, and cloud operators with visibility into network, service, and application data. Its solutions include instruments, microprobes, and software, which monitor, collect, and analyze network data to reveal the actual customer experience and to identify opportunities for new revenue streams and network optimization. The OSP segment offers optical products for anti-counterfeiting, consumer and industrial, government, automotive, and industrial markets. The company was formerly known as JDS Uniphase Corporation. Viavi Solutions Inc. was founded in 1923 and is headquartered in Chandler, Arizona.

VIAV Stock Price History

VIAV Stock News Headlines

A new way to collect income from stocks
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Viavi Solutions Inc. (NASDAQ:VIAV) Short Interest Update
A new way to collect income from stocks
Most people think of BUYING options when they talk about options. It’s how speculators leverage large sums of money hoping that a stock moves in the “right” direction over a certain period of time. The problem is - they don’t always pay off when you buy them. In fact, a contributing writer at the Financial Post studied options extensively…
3 Tech Stocks Surging Past Expectations
VIAV Apr 2024 9.000 call
VIAV Apr 2024 11.000 call
Needham Reaffirms Their Hold Rating on Viavi Solutions (VIAV)
See More Headlines
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Company Calendar

Last Earnings
2/01/2024
Today
4/22/2024
Next Earnings (Confirmed)
5/02/2024
Fiscal Year End
6/30/2024

Industry, Sector and Symbol

Industry
Semiconductors & related devices
Sub-Industry
N/A
Current Symbol
NASDAQ:VIAV
Previous Symbol
NASDAQ:VIAVV
Employees
3,600
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$13.60
High Stock Price Target
$17.00
Low Stock Price Target
$11.00
Potential Upside/Downside
+70.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
6 Analysts

Profitability

Net Income
$25.50 million
Pretax Margin
3.32%

Debt

Sales & Book Value

Annual Sales
$1.11 billion
Cash Flow
$0.66 per share
Book Value
$3.12 per share

Miscellaneous

Free Float
218,593,000
Market Cap
$1.78 billion
Optionable
Optionable
Beta
0.95
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VIAV Stock Analysis - Frequently Asked Questions

Should I buy or sell Viavi Solutions stock right now?

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Viavi Solutions in the last twelve months. There are currently 2 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" VIAV shares.
View VIAV analyst ratings
or view top-rated stocks.

What is Viavi Solutions' stock price target for 2024?

6 brokers have issued twelve-month price targets for Viavi Solutions' stock. Their VIAV share price targets range from $11.00 to $17.00. On average, they predict the company's stock price to reach $13.60 in the next year. This suggests a possible upside of 71.1% from the stock's current price.
View analysts price targets for VIAV
or view top-rated stocks among Wall Street analysts.

How have VIAV shares performed in 2024?

Viavi Solutions' stock was trading at $10.07 on January 1st, 2024. Since then, VIAV shares have decreased by 21.1% and is now trading at $7.95.
View the best growth stocks for 2024 here
.

Are investors shorting Viavi Solutions?

Viavi Solutions saw a decrease in short interest during the month of March. As of March 31st, there was short interest totaling 5,130,000 shares, a decrease of 20.3% from the March 15th total of 6,440,000 shares. Based on an average daily volume of 2,230,000 shares, the days-to-cover ratio is presently 2.3 days. Approximately 2.3% of the company's stock are sold short.
View Viavi Solutions' Short Interest
.

When is Viavi Solutions' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024.
View our VIAV earnings forecast
.

How can I listen to Viavi Solutions' earnings call?

Viavi Solutions will be holding an earnings conference call on Friday, May 3rd at 4:30 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 647-362-9199 with passcode "3072689".

How were Viavi Solutions' earnings last quarter?

Viavi Solutions Inc. (NASDAQ:VIAV) posted its quarterly earnings data on Thursday, February, 1st. The communications equipment provider reported $0.05 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.05. The communications equipment provider had revenue of $254.50 million for the quarter, compared to analysts' expectations of $249.77 million. Viavi Solutions had a net margin of 0.49% and a trailing twelve-month return on equity of 5.38%.

What ETFs hold Viavi Solutions' stock?
What guidance has Viavi Solutions issued on next quarter's earnings?

Viavi Solutions issued an update on its third quarter 2024 earnings guidance on Thursday, February, 1st. The company provided EPS guidance of 0.050-0.090 for the period, compared to the consensus estimate of 0.090. The company issued revenue guidance of $245.0 million-$253.0 million, compared to the consensus revenue estimate of $249.9 million.

What is Oleg Khaykin's approval rating as Viavi Solutions' CEO?

100 employees have rated Viavi Solutions Chief Executive Officer Oleg Khaykin on Glassdoor.com. Oleg Khaykin has an approval rating of 87% among the company's employees.

What other stocks do shareholders of Viavi Solutions own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Viavi Solutions investors own include NVIDIA (NVDA), Intel (INTC), Energy Transfer (ET), QUALCOMM (QCOM), Lam Research (LRCX), AT&T (T), Cisco Systems (CSCO), Lumentum (LITE), Visa (V) and Verizon Communications (VZ).

Who are Viavi Solutions' major shareholders?

Viavi Solutions' stock is owned by many different institutional and retail investors. Top institutional investors include Leeward Investments LLC MA (0.73%), Tributary Capital Management LLC (0.58%), State of Alaska Department of Revenue (0.06%), Kovack Advisors Inc. (0.04%) and Park Avenue Securities LLC (0.00%). Insiders that own company stock include Gary W Staley, Gary W Staley, Kevin Christopher Siebert, Luke M Scrivanich, Luke M Scrivanich, Oleg Khaykin, Paul Mcnab, Ralph Rondinone and Richard Belluzzo.
View institutional ownership trends
.

How do I buy shares of Viavi Solutions?

Shares of VIAV stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:VIAV) was last updated on 4/22/2024 by MarketBeat.com Staff

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