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

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

Viavi Solutions announced that its board has approved a stock repurchase plan on Friday, February 16th 2018, which authorizes the company to repurchase $50,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to reacquire shares of its stock through open market purchases. Shares repurchase plans are usually an indication that the company's board believes its shares are undervalued.

Viavi Solutions Inc (NASDAQ:VIAV) posted its quarterly earnings data on Tuesday, February, 5th. The communications equipment provider reported $0.22 EPS for the quarter, topping analysts' consensus estimates of $0.16 by $0.06. The communications equipment provider earned $298.40 million during the quarter, compared to analyst estimates of $280.93 million. Viavi Solutions had a negative net margin of 3.76% and a positive return on equity of 15.82%. The company's quarterly revenue was up 47.9% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.09 earnings per share. View Viavi Solutions' Earnings History.

Viavi Solutions is scheduled to release their next quarterly earnings announcement on Thursday, May 2nd 2019. View Earnings Estimates for Viavi Solutions.

Viavi Solutions issued an update on its third quarter earnings guidance on Tuesday, February, 5th. The company provided earnings per share guidance of $0.11-0.13 for the period, compared to the Thomson Reuters consensus estimate of $0.12. The company issued revenue guidance of $247-267 million, compared to the consensus revenue estimate of $258.21 million.Viavi Solutions also updated its Q3 2019 guidance to $0.11-0.13 EPS.

9 equities research analysts have issued 1-year target prices for Viavi Solutions' stock. Their forecasts range from $9.92 to $15.00. On average, they expect Viavi Solutions' share price to reach $12.8650 in the next year. This suggests that the stock has a possible downside of 2.1%. 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 and 8 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Viavi Solutions.

Media coverage about VIAV stock has been trending somewhat positive on Tuesday, InfoTrie Sentiment reports. The research firm identifies positive and negative press coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Viavi Solutions earned a news impact score of 0.9 on InfoTrie's scale. They also assigned media coverage about the communications equipment provider a news buzz of 4.0 out of 10, meaning that recent press coverage is somewhat unlikely to have an impact on the company's share price in the near future.

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

Viavi Solutions' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Bank of New York Mellon Corp (2.03%), DNB Asset Management AS (1.84%), Dimensional Fund Advisors LP (1.74%), Northern Trust Corp (1.30%), Macquarie Group Ltd. (1.24%) and Geode Capital Management LLC (1.12%). 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 and Richard Belluzzo. View Institutional Ownership Trends for Viavi Solutions.

VIAV stock was sold by a variety of institutional investors in the last quarter, including Bank of New York Mellon Corp, SG Americas Securities LLC, ADI Capital Management LLC, Two Sigma Advisers LP, Mackenzie Financial Corp, Dimensional Fund Advisors LP, Pinnacle Associates Ltd. and Thompson Investment Management Inc.. 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 Toronado Partners LLC, Oregon Public Employees Retirement Fund, Westfield Capital Management Co. LP, Picton Mahoney Asset Management, Canada Pension Plan Investment Board, Fisher Asset Management LLC, Squarepoint Ops LLC and First Trust Advisors LP. 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 $13.14.

Viavi Solutions has a market capitalization of $3.00 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]