NASDAQ:VIAV - Viavi Solutions Stock Price, News, & Analysis

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$9.50 +0.05 (+0.53 %)
(As of 11/21/2018 01:19 PM ET)
Previous Close$9.45
Today's Range$9.46 - $9.70
52-Week Range$8.49 - $12.82
Volume58,282 shs
Average Volume2.73 million shs
Market Capitalization$2.19 billion
P/E Ratio27.97
Dividend YieldN/A
Beta0.87
Viavi Solutions Inc. provides network test, monitoring, and assurance solutions to communications service providers, enterprises, network equipment manufacturers, civil government, military, and avionics customers worldwide. The company operates through Network Enablement, Service Enablement, and Optical Security and Performance Products segments. The Network Enablement segment offers testing solutions that access the network to perform build-out and maintenance tasks. This segment provides solutions that include instruments, software, and services to design, build, activate, certify, troubleshoot, and optimize networks. 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 Service Enablement 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 Optical Security and Performance Products segment offers optical products for anti-counterfeiting, government, industrial, automotive, and consumer electronic markets, including 3D sensing applications. The company was formerly known as JDS Uniphase Corporation and changed its name to Viavi Solutions Inc. in August 2015. Viavi Solutions Inc. was founded in 1979 and is headquartered in San Jose, California.

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Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry Semiconductors & related devices
Sub-IndustryN/A
SectorComputer and Technology
Current SymbolNASDAQ:VIAV
Previous SymbolNASDAQ:VIAVV
CUSIPN/A
Phone408-404-3600

Debt

Debt-to-Equity Ratio0.79
Current Ratio2.39
Quick Ratio2.18

Price-To-Earnings

Trailing P/E Ratio27.97
Forward P/E Ratio19.39
P/E GrowthN/A

Sales & Book Value

Annual Sales$880.40 million
Price / Sales2.46
Cash Flow$0.8582 per share
Price / Cash11.07
Book Value$3.11 per share
Price / Book3.05

Profitability

EPS (Most Recent Fiscal Year)$0.34
Net Income$-46,000,000.00
Net Margins-5.92%
Return on Equity12.72%
Return on Assets4.75%

Miscellaneous

Employees3,500
Outstanding Shares228,420,000
Market Cap$2.19 billion
OptionableOptionable

Viavi Solutions (NASDAQ:VIAV) Frequently Asked Questions

What is Viavi Solutions' stock symbol?

Viavi Solutions trades on the NASDAQ under the ticker symbol "VIAV."

How will Viavi Solutions' stock buyback program work?

Viavi Solutions declared that its board has approved a stock repurchase program on Friday, February 16th 2018, which permits the company to repurchase $50,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to reacquire shares of its stock through open market purchases. Stock repurchase programs are often an indication that the company's management believes its shares are undervalued.

How were Viavi Solutions' earnings last quarter?

Viavi Solutions Inc (NASDAQ:VIAV) announced its quarterly earnings data on Thursday, November, 1st. The communications equipment provider reported $0.12 EPS for the quarter, beating the Zacks' consensus estimate of $0.11 by $0.01. The communications equipment provider had revenue of $268.50 million for the quarter, compared to analyst estimates of $268.73 million. Viavi Solutions had a positive return on equity of 12.72% and a negative net margin of 5.92%. The firm's revenue was up 40.6% on a year-over-year basis. During the same quarter last year, the firm posted $0.11 EPS. View Viavi Solutions' Earnings History.

When is Viavi Solutions' next earnings date?

Viavi Solutions is scheduled to release their next quarterly earnings announcement on Thursday, February 7th 2019. View Earnings Estimates for Viavi Solutions.

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

Viavi Solutions issued an update on its second quarter earnings guidance on Thursday, November, 1st. The company provided EPS guidance of $0.15-0.17 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.16. The company issued revenue guidance of $270-290 million, compared to the consensus revenue estimate of $280.65 million.Viavi Solutions also updated its Q2 2018 guidance to $0.15-0.17 EPS.

What price target have analysts set for VIAV?

10 equities research analysts have issued 1-year price targets for Viavi Solutions' stock. Their predictions range from $9.50 to $14.00. On average, they anticipate Viavi Solutions' stock price to reach $11.7689 in the next year. This suggests a possible upside of 23.4% from the stock's current price. View Analyst Price Targets for Viavi Solutions.

What is the consensus analysts' recommendation for Viavi Solutions?

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Viavi Solutions in the last year. There are currently 1 sell rating, 1 hold rating and 8 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Viavi Solutions.

What are Wall Street analysts saying about Viavi Solutions stock?

Here are some recent quotes from research analysts about Viavi Solutions stock:
  • 1. According to Zacks Investment Research, "Viavi Solutions Inc. provides software and hardware platforms and instruments for telecommunications service providers, wireless operators, cable operators, network-equipment manufacturers and enterprises. The Company offers installation, commissioning, scripting, custom analytics, integration, business intelligence consulting, operational assistance, field and lab testing, technical training, maintenance, and support services. Its operating segment consists of Network and Service Enablement, Communications and Commercial Optical Products and Optical Security and Performance Products. Viavi Solutions Inc., formerly known as JDS Uniphase Corporation, is based in Milpitas, Calif. " (10/17/2018)
  • 2. William Blair analysts commented, "We came away from the presentation incrementally more confident in: 1) the upcoming two mega growth catalysts (3-D sensing and 5G); 2) increasing momentum in the core T&M business (with resurgence of fiber test, ongoing DOCSIS 3.1 deployments, and recovery/growth of the enterprise Ethernet test business); 3) solid steady-state performance of the currency business with the potential for upside from new currency redesign opportunities; 4) management’s ability to extract greater cost/revenue synergies from its recent acquisition of 5) more efficient cost structure and expanding operating margins. Resting on the aforementioned catalysts, management stressed that going forward it expects EPS to significantly outpace revenue growth. Additional highlights can be found in the remainder of the note." (6/15/2018)

Has Viavi Solutions been receiving favorable news coverage?

Media coverage about VIAV stock has trended very positive on Wednesday, InfoTrie reports. The research firm scores the sentiment of news coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Viavi Solutions earned a media sentiment score of 3.1 on InfoTrie's scale. They also assigned media coverage about the communications equipment provider a news buzz of 8.0 out of 10, indicating that recent news coverage is very likely to have an effect on the stock's share price in the near term.

Who are some of Viavi Solutions' key competitors?

Who are Viavi Solutions' key executives?

Viavi Solutions' management team includes the folowing people:
  • Mr. Oleg Khaykin, Pres, CEO & Director (Age 53)
  • Mr. Amar Maletira, Exec. VP & CFO (Age 49)
  • Mr. Paul McNab, Exec. VP and Chief Marketing & Strategy Officer (Age 55)
  • Mr. Luke M. Scrivanich, Sr. VP and GM of Optical Security & Performance Products (Age 56)
  • Mr. Ralph Rondinone, Sr. VP of Global Operations & Services - NSE (Age 56)

Who are Viavi Solutions' major shareholders?

Viavi Solutions' stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Capital Research Global Investors (5.42%), Bank of New York Mellon Corp (4.62%), Capital World Investors (2.41%), Dorsal Capital Management LLC (2.10%), DNB Asset Management AS (1.86%) and Dimensional Fund Advisors LP (1.82%). Company insiders that own Viavi Solutions stock include Amar Maletira, Dion Joannou, Gary W Staley, Keith Barnes, Kevin Christopher Siebert, Luke M Scrivanich, Pamela J Strayer, Paul Mcnab, Ralph Rondinone, Richard Belluzzo and Susan Louise Spradley. View Institutional Ownership Trends for Viavi Solutions.

Which institutional investors are selling Viavi Solutions stock?

VIAV stock was sold by a variety of institutional investors in the last quarter, including Bank of New York Mellon Corp, Capital Research Global Investors, Canada Pension Plan Investment Board, Capital World Investors, Panagora Asset Management Inc., Victory Capital Management Inc., Pinnacle Associates Ltd. and Teachers Advisors LLC. Company insiders that have sold Viavi Solutions company stock in the last year include Amar Maletira, Gary W Staley, Keith Barnes, Kevin Christopher Siebert, Luke M Scrivanich, Pamela J Strayer, Paul Mcnab, Ralph Rondinone and Richard Belluzzo. View Insider Buying and Selling for Viavi Solutions.

Which institutional investors are buying Viavi Solutions stock?

VIAV stock was purchased by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, AO Asset Management LP, SG Americas Securities LLC, DNB Asset Management AS, Manatuck Hill Partners LLC, Dimensional Fund Advisors LP, Essex Investment Management Co. LLC and Assenagon Asset Management S.A.. View Insider Buying and Selling for Viavi Solutions.

How do I buy shares of Viavi Solutions?

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

What is Viavi Solutions' stock price today?

One share of VIAV stock can currently be purchased for approximately $9.54.

How big of a company is Viavi Solutions?

Viavi Solutions has a market capitalization of $2.19 billion and generates $880.40 million in revenue each year. The communications equipment provider earns $-46,000,000.00 in net income (profit) each year or $0.34 on an earnings per share basis. Viavi Solutions employs 3,500 workers across the globe.

What is Viavi Solutions' official website?

The official website for Viavi Solutions is http://www.viavisolutions.com.

How can I contact Viavi Solutions?

Viavi Solutions' mailing address is 6001 AMERICA CENTER DRIVE 6TH FLOOR, SAN JOSE CA, 95002. The communications equipment provider can be reached via phone at 408-404-3600 or via email at [email protected]


MarketBeat Community Rating for Viavi Solutions (NASDAQ VIAV)

Community Ranking:  2.7 out of 5 (star star)
Outperform Votes:  503 (Vote Outperform)
Underperform Votes:  424 (Vote Underperform)
Total Votes:  927
MarketBeat's community ratings are surveys of what our community members think about Viavi Solutions and other stocks. Vote "Outperform" if you believe VIAV will outperform the S&P 500 over the long term. Vote "Underperform" if you believe VIAV will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 11/21/2018 by MarketBeat.com Staff

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