Viavi Solutions Inc. provides network test, monitoring, and assurance solutions to communications service providers, and enterprises and their ecosystems 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 comprising 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 and enterprises with visibility into network, service, and application data. Its solutions comprise 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 Milpitas, California.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Semiconductors & related devices
Sub-IndustryN/A
SectorComputer and Technology
SymbolNASDAQ:VIAV
CUSIPN/A
Phone408-404-3600
Debt
Debt-to-Equity Ratio0.48
Current Ratio1.58
Quick Ratio1.43
Price-To-Earnings
Trailing P/E Ratio40.92
Forward P/E Ratio31.00
P/E Growth1.11
Sales & Book Value
Annual Sales$811.40 million
Price / Sales2.85
Cash Flow$0.6673 per share
Price / Cash15.33
Book Value$3.46 per share
Price / Book2.96
Profitability
EPS (Most Recent Fiscal Year)$0.25
Net Income$166.90 million
Net Margins-0.43%
Return on Equity10.74%
Return on Assets4.10%
Miscellaneous
Employees2,700
Outstanding Shares226,320,000
Market Cap$2,353.68
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 announced that its Board of Directors has authorized a share buyback 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 repurchase shares of its stock through open market purchases. Stock repurchase programs are usually an indication that the company's board 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, 3rd. The communications equipment provider reported $0.13 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.09 by $0.04. The communications equipment provider earned $219.40 million during the quarter, compared to analysts' expectations of $208 million. Viavi Solutions had a positive return on equity of 10.74% and a negative net margin of 0.43%. Viavi Solutions's revenue was up 11.9% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.09 earnings per share. View Viavi Solutions' Earnings History.
When is Viavi Solutions' next earnings date?
What guidance has Viavi Solutions issued on next quarter's earnings?
Viavi Solutions issued an update on its fourth quarter earnings guidance on Thursday, May, 3rd. The company provided earnings per share (EPS) guidance of $0.08-0.12 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.14. The company issued revenue guidance of $243-267 million, compared to the consensus revenue estimate of $225.35 million.
What price target have analysts set for VIAV?
11 equities research analysts have issued 1-year price objectives for Viavi Solutions' stock. Their forecasts range from $9.50 to $13.00. On average, they expect Viavi Solutions' stock price to reach $11.1022 in the next year. This suggests a possible upside of 8.5% from the stock's current price. View Analyst Ratings for Viavi Solutions.
What is the consensus analysts' recommendation for Viavi Solutions?
11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Viavi Solutions in the last year. There are currently 1 sell rating, 3 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
What are Wall Street analysts saying about Viavi Solutions stock?
Here are some recent quotes from research analysts about Viavi Solutions stock:
- 1. 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)
- 2. 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. " (5/22/2018)
Who are some of Viavi Solutions' key competitors?
Some companies that are related to Viavi Solutions include Microsemi (MSCC), United Microelectronics (UMC), Cypress Semiconductor (CY), Cavium (CAVM), SUMCO Corp/ADR (SUOPY), Monolithic Power Systems (MPWR), Semiconductor Manufacturing Int'l (SMI), First Solar (FSLR), Siliconware Precision Industries (SPIL), Cree (CREE), Silicon Laboratories (SLAB), Integrated Device Technology (IDTI), Mellanox Technologies (MLNX), AU Optronics (AUO) and Advantest (ATEYY).
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)
Has Viavi Solutions been receiving favorable news coverage?
News coverage about VIAV stock has trended somewhat positive recently, Accern Sentiment Analysis reports. The research firm ranks the sentiment of press coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Viavi Solutions earned a media sentiment score of 0.05 on Accern's scale. They also gave headlines about the communications equipment provider an impact score of 43.41 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company's share price in the next few days.
Who are Viavi Solutions' major shareholders?
Viavi Solutions' stock is owned by many different of retail and institutional investors. Top institutional shareholders include DnB Asset Management AS (1.74%), Fisher Asset Management LLC (0.30%), Thompson Investment Management Inc. (0.24%), Capital One National Association (0.05%), Municipal Employees Retirement System of Michigan (0.03%) and FNY Investment Advisers LLC (0.01%). Company insiders that own Viavi Solutions stock include Amar Maletira, Dion Joannou, 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 Fisher Asset Management LLC, Municipal Employees Retirement System of Michigan and Thompson Investment Management Inc.. Company insiders that have sold Viavi Solutions company stock in the last year include Amar Maletira, 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 bought by a variety of institutional investors in the last quarter, including DnB Asset Management AS, Capital One National Association, FNY Investment Advisers LLC and Gateway Investment Advisers 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 $10.23.
How big of a company is Viavi Solutions?
Viavi Solutions has a market capitalization of $2.35 billion and generates $811.40 million in revenue each year. The communications equipment provider earns $166.90 million in net income (profit) each year or $0.25 on an earnings per share basis. Viavi Solutions employs 2,700 workers across the globe.
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)
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.
