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
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 Ratio40.44
Forward P/E Ratio30.64
P/E Growth1.51
Sales & Book Value
Annual Sales$811.40 million
Price / Sales2.82
Cash Flow$0.6887 per share
Price / Cash14.68
Book Value$3.46 per share
Price / Book2.92
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
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 initiated a share repurchase program on Friday, February 16th 2018, which permits the company to repurchase $50,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to purchase shares of its stock through open market purchases. Stock repurchase programs are generally an indication that the company's leadership believes its shares are undervalued.
How were Viavi Solutions' earnings last quarter?
Viavi Solutions Inc (NASDAQ:VIAV) announced its quarterly earnings data on Thursday, May, 3rd. The communications equipment provider reported $0.13 EPS for the quarter, topping 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 negative net margin of 0.43% and a positive return on equity of 10.74%. The company's revenue for the quarter was up 11.9% on a year-over-year basis. During the same period last year, the business posted $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 updated its fourth quarter earnings guidance on Thursday, May, 3rd. The company provided earnings per share guidance of $0.08-0.12 for the period, compared to the Thomson Reuters consensus EPS 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 Wall Street analysts have issued 1-year target prices for Viavi Solutions' stock. Their predictions range from $9.50 to $13.00. On average, they anticipate Viavi Solutions' stock price to reach $11.1022 in the next year. 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. 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), UMC (UMC), Semiconductor Manufacturing Int'l (SMI), Cypress Semiconductor (CY), SUMCO Corp/ADR (SUOPY), Monolithic Power Systems (MPWR), Cavium (CAVM), 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 headlines about VIAV stock have trended somewhat positive recently, Accern Sentiment Analysis reports. The research group identifies negative and positive media coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Viavi Solutions earned a news sentiment score of 0.18 on Accern's scale. They also assigned news stories about the communications equipment provider an impact score of 47.89 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company's share price in the near term.
Who are Viavi Solutions' major shareholders?
Viavi Solutions' stock is owned by many different of institutional and retail investors. Top institutional shareholders include Dimensional Fund Advisors LP (1.73%), Northern Trust Corp (1.27%), Ratan Capital Management LP (1.01%), Victory Capital Management Inc. (0.96%), Millennium Management LLC (0.96%) and Neuberger Berman Group LLC (0.90%). 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 major investors are selling Viavi Solutions stock?
VIAV stock was sold by a variety of institutional investors in the last quarter, including Dimensional Fund Advisors LP, Guggenheim Capital LLC, Chicago Equity Partners LLC, ClariVest Asset Management LLC, Neuberger Berman Group LLC, Engineers Gate Manager LP, Pinnacle Associates Ltd. and Quantbot Technologies LP. 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 major investors are buying Viavi Solutions stock?
VIAV stock was bought by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., Millennium Management LLC, AO Asset Management LP, Ratan Capital Management LP, Maplelane Capital LLC, Zweig DiMenna Associates LLC, Seven Eight Capital LP and Tygh Capital Management Inc.. 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 $10.11.
How big of a company is Viavi Solutions?
Viavi Solutions has a market capitalization of $2.25 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 (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.
