NASDAQ:VIAVViavi Solutions Stock Price, Forecast & News

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. Since then, VIAV shares have increased by 7.3% and is now trading at $12.89. View which stocks have been most impacted by Coronavirus.

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

Viavi Solutions is scheduled to release its next quarterly earnings announcement on Thursday, August 20th 2020. View our earnings forecast for Viavi Solutions.

Viavi Solutions Inc (NASDAQ:VIAV) issued its quarterly earnings data on Wednesday, May, 6th. The communications equipment provider reported $0.14 earnings per share for the quarter, topping analysts' consensus estimates of $0.13 by $0.01. The communications equipment provider earned $256.20 million during the quarter, compared to analyst estimates of $276.01 million. Viavi Solutions had a return on equity of 17.72% and a net margin of 1.25%. The business's revenue for the quarter was down 3.4% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.13 earnings per share. View Viavi Solutions' earnings history.

9 Wall Street analysts have issued 12 month price objectives for Viavi Solutions' stock. Their forecasts range from $13.00 to $18.00. On average, they expect Viavi Solutions' share price to reach $16.11 in the next twelve months. This suggests a possible upside of 25.0% from the stock's current price. View analysts' price targets for Viavi Solutions.

News headlines about VIAV stock have trended negative recently, InfoTrie reports. The research group identifies positive and negative news coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Viavi Solutions earned a media sentiment score of -2.1 on InfoTrie's scale. They also gave news stories about the communications equipment provider a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock's share price in the next several days. View the latest news about Viavi Solutions.

Viavi Solutions saw a increase in short interest in June. As of June 30th, there was short interest totaling 12,690,000 shares, an increase of 7.4% from the June 15th total of 11,820,000 shares. Based on an average trading volume of 2,360,000 shares, the days-to-cover ratio is currently 5.4 days. Currently, 5.6% of the company's shares are sold short. View Viavi Solutions' Current Options Chain.

Some companies that are related to Viavi Solutions include Monolithic Power Systems (MPWR), ASE Technology (ASX), IPG Photonics (IPGP), ON Semiconductor (ON), Solaredge Technologies (SEDG), United Microelectronics (UMC), Cree (CREE), Enphase Energy (ENPH), Inphi (IPHI), First Solar (FSLR), SUMCO CORP/ADR (SUOPY), Silicon Laboratories (SLAB), Lattice Semiconductor (LSCC), Cabot Microelectronics (CCMP) and Dialog Semiconductor (DLGNF). View all competitors.

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), QUALCOMM (QCOM), Advanced Micro Devices (AMD), Lumentum (LITE), Cisco Systems (CSCO), Ford Motor (F) and Marvell Technology Group (MRVL).

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

Viavi Solutions' stock is owned by a variety of institutional and retail investors. Top institutional shareholders include DNB Asset Management AS (1.79%) and 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.

VIAV stock was sold by a variety of institutional investors in the last quarter, including DNB Asset Management AS. Company insiders that have sold Viavi Solutions company stock in the last year include Amar Maletira, Gary W Staley, Kevin Christopher Siebert, Luke M Scrivanich, Ralph Rondinone, and Timothy Campos. View insider buying and selling activity for Viavi Solutions.

VIAV stock was bought 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.

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 $12.89.

Viavi Solutions has a market capitalization of $2.94 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.

The official website for Viavi Solutions is 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]