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.
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Industry, Sector and Symbol
Industry Semiconductors & related devices
Sub-IndustryN/A
SectorComputer and Technology
Phone408-404-3600
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$1.13 billion
Profitability
Miscellaneous
Employees3,600
Next Earnings Date10/30/2019 (Confirmed)
OptionableOptionable
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 declared that its Board of Directors has authorized a stock repurchase plan on Friday, February 16th 2018, which permits the company to buyback $50,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to buy shares of its stock through open market purchases. Shares buyback plans are generally an indication that the company's management believes its stock is undervalued.
How were Viavi Solutions' earnings last quarter?
Viavi Solutions Inc (NASDAQ:VIAV) posted its quarterly earnings results on Thursday, August, 15th. The communications equipment provider reported $0.13 EPS for the quarter, beating the consensus estimate of $0.12 by $0.01. The communications equipment provider earned $289.70 million during the quarter, compared to analysts' expectations of $279.18 million. Viavi Solutions had a net margin of 0.48% and a return on equity of 16.75%. The business's revenue was up 9.7% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.14 EPS. View Viavi Solutions' Earnings History.
When is Viavi Solutions' next earnings date?
How can I listen to Viavi Solutions' earnings call?
Viavi Solutions will be holding an earnings conference call on Wednesday, October 30th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.
What guidance has Viavi Solutions issued on next quarter's earnings?
Viavi Solutions updated its first quarter earnings guidance on Thursday, September, 12th. The company provided earnings per share (EPS) guidance of $0.15-0.17 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.15. The company issued revenue guidance of $282-294 million, compared to the consensus revenue estimate of $283.68 million.
What price target have analysts set for VIAV?
8 brokers have issued 12-month price targets for Viavi Solutions' stock. Their predictions range from $13.00 to $19.00. On average, they expect Viavi Solutions' stock price to reach $15.63 in the next twelve months. This suggests a possible upside of 5.4% from the stock's current price. View Analyst Price Targets for Viavi Solutions.
What is the consensus analysts' recommendation 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.
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?
Headlines about VIAV stock have been trending somewhat negative recently, according to InfoTrie Sentiment. InfoTrie ranks the sentiment of news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Viavi Solutions earned a coverage optimism score of -1.5 on InfoTrie's scale. They also gave news coverage about the communications equipment provider a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the company's share price in the next several days. View News Stories for Viavi Solutions.
Are investors shorting Viavi Solutions?
Viavi Solutions saw a decrease in short interest in September. As of September 30th, there was short interest totalling 9,860,000 shares, a decrease of 6.4% from the August 30th total of 10,530,000 shares. Based on an average trading volume of 2,120,000 shares, the days-to-cover ratio is presently 4.7 days. Approximately 4.3% of the company's stock 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 ASE Technology (ASX), Advantest (ATEYY), Qorvo (QRVO), Cypress Semiconductor (CY), ON Semiconductor (ON), IPG Photonics (IPGP), Semiconductor Manufacturing International (SMICY), Monolithic Power Systems (MPWR), Mellanox Technologies (MLNX), First Solar (FSLR), United Microelectronics (UMC), Silicon Laboratories (SLAB), Cree (CREE), Cabot Microelectronics (CCMP) and Solaredge Technologies (SEDG).
What other stocks do shareholders of Viavi Solutions own?
Who are Viavi Solutions' key executives?
Viavi Solutions' management team includes the folowing 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)
Who are Viavi Solutions' major shareholders?
Viavi Solutions' stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include DNB Asset Management AS (1.64%), State of Alaska Department of Revenue (0.08%), Meeder Asset Management Inc. (0.03%), Stephens Inc. AR (0.02%), Ackerman Capital Advisors LLC (0.01%) and Fox Run Management L.L.C. (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 Timothy Campos. 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 Ackerman Capital Advisors LLC, Stephens Inc. AR and Navellier & Associates 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, Ralph Rondinone and Timothy Campos. View Insider Buying and Selling for Viavi Solutions.
Which institutional investors are buying Viavi Solutions stock?
VIAV stock was purchased by a variety of institutional investors in the last quarter, including DNB Asset Management AS, State of Alaska Department of Revenue, Meeder Asset Management Inc., Cerebellum GP LLC, Cerebellum GP LLC, Envestnet Asset Management Inc., NEXT Financial Group Inc and Fox Run Management L.L.C.. 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, Robinhood, Fidelity and Charles Schwab.
What is Viavi Solutions' stock price today?
One share of VIAV stock can currently be purchased for approximately $14.83.
How big of a company is Viavi Solutions?
Viavi Solutions has a market capitalization of $3.41 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?
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.
