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

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

Viavi Solutions Inc (NASDAQ:VIAV) announced its earnings results on Tuesday, February, 4th. The communications equipment provider reported $0.23 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.19 by $0.04. The communications equipment provider earned $313.70 million during the quarter, compared to analysts' expectations of $303.83 million. Viavi Solutions had a net margin of 3.64% and a return on equity of 17.57%. The firm's quarterly revenue was up 2.2% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.22 earnings per share. View Viavi Solutions' Earnings History.

Viavi Solutions is scheduled to release their next quarterly earnings announcement on Thursday, May 7th 2020. View Earnings Estimates for Viavi Solutions.

Viavi Solutions updated its third quarter earnings guidance on Tuesday, February, 4th. The company provided earnings per share guidance of $0.13-0.15 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.14. The company issued revenue guidance of $268-288 million, compared to the consensus revenue estimate of $276.76 million.

8 brokerages have issued twelve-month price objectives for Viavi Solutions' shares. Their forecasts range from $13.00 to $19.00. On average, they expect Viavi Solutions' share price to reach $15.88 in the next year. This suggests a possible upside of 12.6% from the stock's current price. View Analyst Price Targets for Viavi Solutions.

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Viavi Solutions in the last year. There are currently 2 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Viavi Solutions.

News headlines about VIAV stock have trended somewhat negative recently, according to InfoTrie Sentiment Analysis. The research firm ranks the sentiment of press coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Viavi Solutions earned a daily sentiment score of -1.4 on InfoTrie's scale. They also gave media stories about the communications equipment provider a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View News Stories for Viavi Solutions.

Some companies that are related to Viavi Solutions include Qorvo (QRVO), ASE Technology (ASX), Semiconductor Manufacturing International (SMICY), Advantest (ATEYY), ON Semiconductor (ON), Cypress Semiconductor (CY), Monolithic Power Systems (MPWR), IPG Photonics (IPGP), Mellanox Technologies (MLNX), United Microelectronics (UMC), First Solar (FSLR), Solaredge Technologies (SEDG), Cree (CREE), Enphase Energy (ENPH) and SUMCO CORP/ADR (SUOPY).

Based on aggregate information from My MarketBeat watchlists, some companies that other Viavi Solutions investors own include Lundin Mining (LUN), Energy Transfer LP Unit (ET), Lam Research (LRCX), NVIDIA (NVDA), Lumentum (LITE), Ford Motor (F), Advanced Micro Devices (AMD), AT&T (T), Cisco Systems (CSCO) and Intel (INTC).

Viavi Solutions' stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Renaissance Technologies LLC (3.13%), Victory Capital Management Inc. (1.78%), Victory Capital Management Inc. (1.59%), DNB Asset Management AS (1.55%), Rothschild & Co. Asset Management US Inc. (1.32%) and Columbus Circle Investors (1.03%). 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 Timothy Campos. View Institutional Ownership Trends for Viavi Solutions.

VIAV stock was sold by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., William Blair Investment Management LLC, Jacobs Levy Equity Management Inc., DNB Asset Management AS, Rothschild & Co. Asset Management US Inc., Employees Retirement System of Texas, Guggenheim Capital LLC and Arizona State Retirement System. Company insiders that have sold Viavi Solutions company stock in the last year include Amar Maletira, Kevin Christopher Siebert, Luke M Scrivanich, Ralph Rondinone and Timothy Campos. View Insider Buying and Selling for Viavi Solutions.

VIAV stock was acquired by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Emerald Mutual Fund Advisers Trust, Acadian Asset Management LLC, Emerald Advisers LLC, Public Sector Pension Investment Board, Columbus Circle Investors, AO Asset Management LP and Mesirow Financial Investment Management Equity Management. View Insider Buying and Selling for 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, Robinhood, Fidelity and Charles Schwab.

One share of VIAV stock can currently be purchased for approximately $14.10.

Viavi Solutions has a market capitalization of $3.25 billion and generates $1.13 billion in revenue each year. The communications equipment provider earns $5.40 million in net income (profit) each year or $0.52 on an earnings per share basis. Viavi Solutions employs 3,600 workers across the globe.View Additional Information About Viavi Solutions.

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

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]