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

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

Viavi Solutions Inc (NASDAQ:VIAV) released its quarterly earnings results on Tuesday, February, 4th. The communications equipment provider reported $0.23 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.19 by $0.04. The communications equipment provider had revenue of $313.70 million for the quarter, compared to the consensus estimate of $303.83 million. Viavi Solutions had a return on equity of 17.57% and a net margin of 3.64%. The company's revenue for the quarter was up 2.2% on a year-over-year basis. During the same quarter last year, the business posted $0.22 EPS. View Viavi Solutions' Earnings History.

Viavi Solutions is scheduled to release their next quarterly earnings announcement on Thursday, May 7th 2020. View Earnings Estimates for Viavi Solutions.

Viavi Solutions updated its third quarter earnings guidance on Tuesday, February, 4th. The company provided earnings per share (EPS) guidance of $0.13-0.15 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.14. The company issued revenue guidance of $268-288 million, compared to the consensus revenue estimate of $276.76 million.

8 Wall Street analysts have issued 12-month price targets for Viavi Solutions' shares. Their forecasts range from $13.00 to $19.00. On average, they expect Viavi Solutions' share price to reach $15.88 in the next twelve months. This suggests a possible upside of 14.5% from the stock's current price. View Analyst Price Targets 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.

Headlines about VIAV stock have trended somewhat negative this week, InfoTrie Sentiment Analysis reports. InfoTrie rates the sentiment of media coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Viavi Solutions earned a media sentiment score of -1.5 on InfoTrie's scale. They also assigned media headlines about the communications equipment provider a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the company's share price in the near term. View News Stories for Viavi Solutions.

Some companies that are related to Viavi Solutions include Qorvo (QRVO), ASE Technology (ASX), Semiconductor Manufacturing International (SMICY), Advantest (ATEYY), Cypress Semiconductor (CY), ON Semiconductor (ON), Monolithic Power Systems (MPWR), IPG Photonics (IPGP), Enphase Energy (ENPH), Mellanox Technologies (MLNX), Solaredge Technologies (SEDG), United Microelectronics (UMC), First Solar (FSLR), SUMCO CORP/ADR (SUOPY) and Cree (CREE).

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), Ford Motor (F), Advanced Micro Devices (AMD), Lumentum (LITE), AT&T (T), Cisco Systems (CSCO) and Intel (INTC).

Viavi Solutions' stock is owned by a variety of of retail and institutional investors. Top institutional investors include Renaissance Technologies LLC (3.13%), Victory Capital Management Inc. (1.78%), Victory Capital Management Inc. (1.59%), DNB Asset Management AS (1.55%), Geode Capital Management LLC (1.36%) and Rothschild & Co. Asset Management US Inc. (1.32%). 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 Timothy Campos. View Institutional Ownership Trends for Viavi Solutions.

VIAV stock was sold by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., William Blair Investment Management LLC, Jacobs Levy Equity Management Inc., DNB Asset Management AS, Rothschild & Co. Asset Management US Inc., Employees Retirement System of Texas, Guggenheim Capital LLC and Arizona State Retirement System. 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 for Viavi Solutions.

VIAV stock was bought by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Emerald Mutual Fund Advisers Trust, Acadian Asset Management LLC, Emerald Advisers LLC, Public Sector Pension Investment Board, Columbus Circle Investors, AO Asset Management LP and Mesirow Financial Investment Management Equity Management. 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, Robinhood, Fidelity and Charles Schwab.

One share of VIAV stock can currently be purchased for approximately $13.87.

Viavi Solutions has a market capitalization of $3.19 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.

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]