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

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

Viavi Solutions declared that its board has initiated a share repurchase program on Friday, February 16th 2018, which allows the company to buyback $50,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to repurchase shares of its stock through open market purchases. Stock buyback programs are generally a sign that the company's board believes its shares are undervalued.

Viavi Solutions Inc (NASDAQ:VIAV) issued its earnings results on Thursday, November, 1st. The communications equipment provider reported $0.12 EPS for the quarter, beating the consensus estimate of $0.11 by $0.01. The communications equipment provider earned $268.50 million during the quarter, compared to analyst estimates of $268.73 million. Viavi Solutions had a negative net margin of 5.92% and a positive return on equity of 12.72%. Viavi Solutions's revenue for the quarter was up 40.6% on a year-over-year basis. During the same period last year, the business posted $0.11 earnings per share. View Viavi Solutions' Earnings History.

Viavi Solutions is scheduled to release their next quarterly earnings announcement on Tuesday, February 5th 2019. View Earnings Estimates for Viavi Solutions.

Viavi Solutions will be holding an earnings conference call on Tuesday, February 5th at 4:30 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8332459658.

Viavi Solutions issued an update on its second quarter earnings guidance on Thursday, November, 1st. The company provided earnings per share guidance of $0.15-0.17 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.16. The company issued revenue guidance of $270-290 million, compared to the consensus revenue estimate of $280.65 million.Viavi Solutions also updated its Q2 2018 guidance to $0.15-0.17 EPS.

9 brokerages have issued 1-year price objectives for Viavi Solutions' shares. Their predictions range from $9.50 to $14.00. On average, they anticipate Viavi Solutions' share price to reach $11.6150 in the next year. This suggests a possible upside of 11.5% from the stock's current price. View Analyst Price Targets for Viavi Solutions.

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Viavi Solutions in the last year. There are currently 1 sell rating, 1 hold rating and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Viavi Solutions.

News stories about VIAV stock have been trending negative on Wednesday, InfoTrie Sentiment reports. The research firm ranks the sentiment of press coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Viavi Solutions earned a daily sentiment score of -2.1 on InfoTrie's scale. They also assigned media headlines about the communications equipment provider a news buzz of 6.0 out of 10, meaning that recent press coverage is somewhat likely to have an impact on the company's share price in the next several days.

Some companies that are related to Viavi Solutions include ASE Technology (ASX), Qorvo (QRVO), ON Semiconductor (ON), IPG Photonics (IPGP), Integrated Device Technology (IDTI), Monolithic Power Systems (MPWR), First Solar (FSLR), Cree (CREE), Cypress Semiconductor (CY), United Microelectronics (UMC), Mellanox Technologies (MLNX), Semiconductor Manufacturing Int'l (SMI), AU Optronics (AUO), Advantest (ATEYY) and Silicon Laboratories (SLAB).

Viavi Solutions' stock is owned by a number of of institutional and retail investors. Top institutional investors include DNB Asset Management AS (1.84%), Louisiana State Employees Retirement System (0.04%), State of Alaska Department of Revenue (0.03%), Suffolk Capital Management LLC (0.02%), Strs Ohio (0.01%) and Bank of Montreal Can (0.01%). 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, Richard Belluzzo and Susan Louise Spradley. View Institutional Ownership Trends for Viavi Solutions.

VIAV stock was sold by a variety of institutional investors in the last quarter, including Suffolk Capital Management LLC, DNB Asset Management AS, Louisiana State Employees Retirement System and Fox Run Management L.L.C.. Company insiders that have sold Viavi Solutions company stock in the last year include Amar Maletira, Gary W Staley, Keith Barnes, Kevin Christopher Siebert, Pamela J Strayer, Paul Mcnab and Ralph Rondinone. View Insider Buying and Selling for Viavi Solutions.

VIAV stock was purchased by a variety of institutional investors in the last quarter, including Strs Ohio, Meeder Asset Management Inc., State of Alaska Department of Revenue and Bank of Montreal Can. 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, Scottrade, Fidelity and Charles Schwab.

One share of VIAV stock can currently be purchased for approximately $10.42.

Viavi Solutions has a market capitalization of $2.38 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.

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]