NASDAQ:VIAVViavi Solutions Stock Price, Forecast & News

$11.54

+0.33 (+2.94 %)

(As of 04/7/2020 09:45 AM ET)

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Today's Range

$11.44

Now: $11.55▼

$11.66

50-Day Range

$9.00

MA: $12.03▼

$14.43

52-Week Range

$8.08

Now: $11.55▼

$16.35

Volume35,623 shs

Average Volume3.18 million shs

Market Capitalization$2.66 billion

P/E Ratio64.14

Dividend YieldN/A

Beta0.99

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.

Beat the Market (BTM) Rank^™

3.4 Analyst's Opinion

Consensus Rating
Viavi Solutions has received a consensus rating of Buy. The company's average rating score is 2.75, and is based on 6 buy ratings, 2 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $15.50, Viavi Solutions has a potential upside of 34.5% from its current price of $11.52.
Amount of Analyst Coverage
Viavi Solutions has only been the subject of 3 research reports in the past 90 days.

2.7 Community Rank

Outperform Votes
Viavi Solutions has received 608 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Viavi Solutions has received 532 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Viavi Solutions has received 53.33% “outperform” votes from our community.

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.

0.0 Dividend Strength

Dividend Yield
Viavi Solutions does not currently pay a dividend.
Dividend Growth
Viavi Solutions does not have a long track record of dividend growth.

1.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Viavi Solutions insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $27,979.00 in company stock.
Percentage Held by Insiders
Only 0.88% of the stock of Viavi Solutions is held by insiders.
Percentage Held by Institutions
97.35% of the stock of Viavi Solutions is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6 Earnings and Valuation

Earnings Growth
Earnings for Viavi Solutions are expected to grow by 8.62% in the coming year, from $0.58 to $0.63 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Viavi Solutions is 64.01, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 11.97.
Price to Earnings Ratio vs. Sector
The P/E ratio of Viavi Solutions is 64.01, which means that it is trading at a more expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 32.81.
Price to Book Value per Share Ratio
Viavi Solutions has a P/B Ratio of 3.63. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.54 out of 5 stars

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/

Phone408-404-3600

Debt

Debt-to-Equity Ratio0.77

Current Ratio3.65

Quick Ratio3.29

Price-To-Earnings

Trailing P/E Ratio64.14

Forward P/E Ratio19.91

P/E GrowthN/A

Sales & Book Value

Annual Sales$1.13 billion

Price / Sales2.35

Cash Flow$1.24 per share

Price / Cash Flow9.31

Book Value$3.17 per share

Price / Book3.64

Profitability

EPS (Most Recent Fiscal Year)$0.52

Net Income$5.40 million

Net Margins3.64%

Return on Equity17.57%

Return on Assets7.05%

Miscellaneous

Employees3,600

Outstanding Shares230,250,000

Market Cap$2.66 billion

Next Earnings Date5/7/2020 (Estimated)

OptionableOptionable

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Viavi Solutions (NASDAQ:VIAV) Frequently Asked Questions

How has Viavi Solutions' stock been impacted by COVID-19 (Coronavirus)?

Viavi Solutions' stock was trading at $12.01 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, VIAV stock has decreased by 4.1% and is now trading at $11.5220. View which stocks have been mosted impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of 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.

When is Viavi Solutions' next earnings date?

Viavi Solutions is scheduled to release its next quarterly earnings announcement on Thursday, May 7th 2020. View our earnings forecast for Viavi Solutions.

How were Viavi Solutions' earnings last quarter?

Viavi Solutions Inc (NASDAQ:VIAV) issued its quarterly earnings results on Tuesday, February, 4th. The communications equipment provider reported $0.23 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.19 by $0.04. The communications equipment provider had revenue of $313.70 million for 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 business's quarterly revenue was up 2.2% on a year-over-year basis. During the same period in the prior year, the firm posted $0.22 earnings per share. View Viavi Solutions' earnings history.

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

Viavi Solutions issued an update on its third quarter earnings guidance on Tuesday, February, 4th. The company provided earnings per share (EPS) 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.

What price target have analysts set for VIAV?

8 Wall Street analysts have issued 12-month price targets for Viavi Solutions' stock. Their forecasts range from $13.00 to $19.00. On average, they expect Viavi Solutions' share price to reach $15.50 in the next year. This suggests a possible upside of 34.5% from the stock's current price. View analysts' price targets 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 boasts a comprehensive product portfolio that offers end-to-end network visibility and analytics that optimize complex physical and virtual networks. Its products are well positioned to meet the evolving industry trends, given its technology prowess, product depth and wide customer base. Viavi pursues a holistic growth model with strategic acquisitions and focused organic improvement plans. Demand for sophisticated anti-counterfeiting features, optical filters and sensors offer lucrative growth opportunities. However, seasonality patterns and exposure to foreign currency fluctuations remain headwinds. Continued Sino-U.S. trade hostilities have hurt the supply-chain management of Viavi as most of the manufacturing partners are located in China, denting its profitability. Soft growth outlook for the 3D sensing business remains another concern." (9/16/2019)
2. Rosenblatt Securities analysts commented, "We expect the 5G testing business to maintain its growth engines as more countries deploy 5G networks in 2020. We believe Viavi will continue to benefit from the 5G equipment installation stage as the company can sell system testing products and field testing services." (8/16/2019)

Has Viavi Solutions been receiving favorable news coverage?

News articles about VIAV stock have been trending very negative recently, InfoTrie Sentiment Analysis reports. The research group identifies positive and negative press coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Viavi Solutions earned a media sentiment score of -3.3 on InfoTrie's scale. They also gave media coverage about the communications equipment provider a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the stock's share price in the near term. View the latest news aboutViavi Solutions.

Are investors shorting Viavi Solutions?

Viavi Solutions saw a increase in short interest during the month of March. As of March 13th, there was short interest totaling 13,983,500 shares, an increase of 5.8% from the February 27th total of 13,220,000 shares. Based on an average daily volume of 2,931,700 shares, the short-interest ratio is currently 4.8 days. Approximately 6.1% of the shares of the company are sold short. View Viavi Solutions' Current Options Chain.

Who are some of Viavi Solutions' key competitors?

Some companies that are related to Viavi Solutions include Cypress Semiconductor (CY), Qorvo (QRVO), Semiconductor Manufacturing International (SMICY), ASE Technology (ASX), Monolithic Power Systems (MPWR), Advantest (ATEYY), Mellanox Technologies (MLNX), IPG Photonics (IPGP), ON Semiconductor (ON), United Microelectronics (UMC), Solaredge Technologies (SEDG), Inphi (IPHI), Silicon Laboratories (SLAB), Cirrus Logic (CRUS) and First Solar (FSLR).

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), Energy Transfer LP Unit (ET), Lam Research (LRCX), NVIDIA (NVDA), Lumentum (LITE), Ford Motor (F), Advanced Micro Devices (AMD), Cisco Systems (CSCO), Intel (INTC) and Marvell Technology Group (MRVL).

Who are Viavi Solutions' key executives?

Viavi Solutions' management team includes the following 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)

What is Viavi Solutions' stock symbol?

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

Who are Viavi Solutions' major shareholders?

Viavi Solutions' stock is owned by a variety of retail and institutional investors. Top institutional investors include State of Alaska Department of Revenue (0.09%). Company insiders that own Viavi Solutions stock include Amar Maletira, Gary W Staley, Keith Barnes, Kevin Christopher Siebert, Luke M Scrivanich, Paul Mcnab, Ralph Rondinone and Timothy Campos. View institutional ownership trends for Viavi Solutions.

Which institutional investors are buying Viavi Solutions stock?

VIAV stock was acquired by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

What is Viavi Solutions' stock price today?

One share of VIAV stock can currently be purchased for approximately $11.52.

How big of a company is Viavi Solutions?

Viavi Solutions has a market capitalization of $2.65 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.

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]

This page was last updated on 4/7/2020 by MarketBeat.com Staff

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NASDAQ:VIAVViavi Solutions Stock Price, Forecast & News

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Beat the Market (BTM) Rank™

3.4 Analyst's Opinion

Consensus Rating

Price Target Upside/Downside

Amount of Analyst Coverage