NASDAQ:VIAV - Viavi Solutions Stock Price, News, & Analysis Sign in or create an account to add this stock to your watchlist. Get Started $11.99 -0.36 (-2.91 %) (As of 05/24/2019 08:19 AM ET)Previous Close$12.35Today's Range$11.91 - $12.3052-Week Range$9.17 - $14.00Volume2.03 million shsAverage Volume2.29 million shsMarket Capitalization$2.74 billionP/E Ratio35.26Dividend YieldN/ABeta0.9 ProfileAnalyst RatingsChartEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media Share on FacebookShare on TwitterShare on LinkedInShare on RedditShare on StocktwitsPrint this articleShare by Email 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. Receive VIAV News and Ratings via Email Sign-up to receive the latest news and ratings for VIAV and its competitors with MarketBeat's FREE daily newsletter. 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 CIK912093 Webhttp://www.viavisolutions.com/ Phone408-404-3600Debt Debt-to-Equity Ratio0.79 Current Ratio3.19 Quick Ratio2.86Price-To-Earnings Trailing P/E Ratio35.26 Forward P/E Ratio22.62 P/E GrowthN/A Sales & Book Value Annual Sales$880.40 million Price / Sales3.11 Cash Flow$0.8280 per share Price / Cash Flow14.48 Book Value$3.18 per share Price / Book3.77Profitability EPS (Most Recent Fiscal Year)$0.34 Net Income$-46,000,000.00 Net Margins-3.25% Return on Equity15.88% Return on Assets6.06%Miscellaneous Employees3,500 Outstanding Shares228,686,000Market Cap$2.74 billion Next Earnings Date8/13/2019 (Estimated) 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 authorized a share repurchase program on Friday, February 16th 2018, which allows the company to repurchase $50,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to reacquire shares of its stock through open market purchases. Shares repurchase programs are often a sign that the company's management believes its stock is undervalued. How were Viavi Solutions' earnings last quarter? Viavi Solutions Inc (NASDAQ:VIAV) posted its quarterly earnings data on Thursday, May, 2nd. The communications equipment provider reported $0.13 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.10 by $0.03. The communications equipment provider earned $265.20 million during the quarter, compared to the consensus estimate of $259.86 million. Viavi Solutions had a negative net margin of 3.25% and a positive return on equity of 15.88%. Viavi Solutions's quarterly revenue was up 20.9% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.13 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 Tuesday, August 13th 2019. View Earnings Estimates for Viavi Solutions. What guidance has Viavi Solutions issued on next quarter's earnings? Viavi Solutions updated its fourth quarter earnings guidance on Thursday, May, 2nd. The company provided EPS guidance of $0.14-$0.16 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.15. The company issued revenue guidance of $268-$288 million, compared to the consensus revenue estimate of $273.08 million. What price target have analysts set for VIAV? 9 analysts have issued 1-year price targets for Viavi Solutions' stock. Their forecasts range from $10.50 to $15.00. On average, they anticipate Viavi Solutions' stock price to reach $13.3750 in the next twelve months. This suggests a possible upside of 11.6% from the stock's current price. View Analyst Price Targets for Viavi Solutions. What is the consensus analysts' recommendation for Viavi Solutions? 9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Viavi Solutions in the last year. There are currently 2 hold ratings and 7 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. " (5/16/2019) 2. Rosenblatt Securities analysts commented, "We believe Viavi could have a sustainable 5G testing business in the next 5 years. Viavi exceeded their revenue target for their 5G testing business based on the current pipeline, and we believe this strength will continue." (2/10/2019) 3. 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? News headlines about VIAV stock have been trending positive this week, according to InfoTrie Sentiment Analysis. The research group identifies negative and positive media coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Viavi Solutions earned a media sentiment score of 2.6 on InfoTrie's scale. They also assigned headlines about the communications equipment provider a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the company's share price in the immediate future. Are investors shorting Viavi Solutions? Viavi Solutions saw a increase in short interest in April. As of April 30th, there was short interest totalling 10,800,672 shares, an increase of 19.2% from the April 15th total of 9,060,967 shares. Based on an average daily trading volume, of 2,375,659 shares, the days-to-cover ratio is presently 4.5 days. Currently, 4.8% of the shares of the company are short sold. View Viavi Solutions' Current Options Chain. Who are some of Viavi Solutions' key competitors? Some companies that are related to Viavi Solutions include ASE Technology (ASX), ON Semiconductor (ON), Qorvo (QRVO), IPG Photonics (IPGP), Integrated Device Technology (IDTI), Cree (CREE), First Solar (FSLR), Mellanox Technologies (MLNX), Cypress Semiconductor (CY), Monolithic Power Systems (MPWR), Semiconductor Manufacturing Int'l (SMI), United Microelectronics (UMC), Advantest (ATEYY), Silicon Laboratories (SLAB) and Semtech (SMTC). 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 Lundin Mining (LUN), Lam Research (LRCX), Energy Transfer LP Unit (ET), Lumentum (LITE), Ford Motor (F), NVIDIA (NVDA), Intel (INTC), QUALCOMM (QCOM), Cisco Systems (CSCO) and Bank of America (BAC). Who are Viavi Solutions' key executives? Viavi Solutions' management team includes the folowing people: Mr. Oleg Khaykin, Pres, CEO & Director (Age 54)Mr. Amar Maletira, Exec. VP & CFO (Age 50)Mr. Ralph Rondinone, Sr. VP of Global Operations & Services and Network & Service Enablement (Age 57)Mr. Paul McNab, Exec. VP and Chief Marketing & Strategy Officer (Age 56)Mr. Gary W. Staley, Sr. VP of Global Sales, Network & Service Enablement (Age 52) Who are Viavi Solutions' major shareholders? Viavi Solutions' stock is owned by a variety of of institutional and retail investors. Top institutional investors include Dimensional Fund Advisors LP (1.71%), Victory Capital Management Inc. (1.59%), Renaissance Technologies LLC (1.40%), Voya Investment Management LLC (1.37%), Northern Trust Corp (1.30%) and Macquarie Group Ltd. (1.25%). Company insiders that own Viavi Solutions stock 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 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 DNB Asset Management AS, William Blair Investment Management LLC, ADI Capital Management LLC, Jacobs Levy Equity Management Inc., Westfield Capital Management Co. LP, Dimensional Fund Advisors LP, Pinebridge Investments L.P. and Pinnacle Associates Ltd.. Company insiders that have sold Viavi Solutions company stock in the last year include Gary W Staley, Keith Barnes, Kevin Christopher Siebert, Luke M Scrivanich, Paul Mcnab and Ralph Rondinone. 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 Rothschild & Co. Asset Management US Inc., Redwood Investments LLC, Renaissance Technologies LLC, Victory Capital Management Inc., Columbus Circle Investors, Cloverdale Capital Management LLC, Toronado Partners LLC and Voya Investment Management LLC. 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 $11.99. How big of a company is Viavi Solutions? Viavi Solutions has a market capitalization of $2.74 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 ( )Outperform Votes: 536 (Vote Outperform)Underperform Votes: 451 (Vote Underperform)Total Votes: 987MarketBeat'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 5/24/2019 by MarketBeat.com StaffFeatured Article: What is Blockchain? Receive Analysts' Upgrades and Downgrades Daily Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.