NASDAQ:VIAV - Viavi Solutions Stock Price, Price Target & More

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

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

Viavi Solutions (NASDAQ:VIAV) announced its quarterly earnings data on Thursday, May, 3rd. The communications equipment provider reported $0.13 EPS for the quarter, beating the consensus estimate of $0.09 by $0.04. The communications equipment provider had revenue of $219.40 million for the quarter, compared to analyst estimates of $208 million. Viavi Solutions had a negative net margin of 0.43% and a positive return on equity of 10.74%. The business's quarterly revenue was up 11.9% compared to the same quarter last year. During the same period in the prior year, the company posted $0.09 EPS. View Viavi Solutions' Earnings History.

Viavi Solutions is scheduled to release their next quarterly earnings announcement on Tuesday, August, 21st 2018. View Earnings Estimates for Viavi Solutions.

Viavi Solutions issued an update on its fourth quarter earnings guidance on Thursday, May, 3rd. The company provided EPS guidance of $0.08-0.12 for the period, compared to the Thomson Reuters consensus estimate of $0.14. The company issued revenue guidance of $243-267 million, compared to the consensus revenue estimate of $225.35 million.

9 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 expect Viavi Solutions' stock price to reach $11.1775 in the next twelve months. View Analyst Ratings for Viavi Solutions.

Some companies that are related to Viavi Solutions include Microsemi (MSCC), SUMCO (SUOPY), First Solar (FSLR), UMC (UMC), Semiconductor Manufacturing International (SMI), Cypress Semiconductor (CY), Cavium (CAVM), Monolithic Power Systems (MPWR), Siliconware Precision Industries (SPIL), Cree (CREE), Silicon Labs (SLAB), Mellanox Technologies (MLNX), Advantest (ATEYY), Integrated Device Technology (IDTI) and AU Optronics (AUO).

News headlines about VIAV stock have trended somewhat positive on Monday, according to Accern Sentiment Analysis. The research group identifies negative and positive media coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Viavi Solutions earned a media sentiment score of 0.10 on Accern's scale. They also assigned news articles about the communications equipment provider an impact score of 47.11 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company's share price in the next several days.

Viavi Solutions' stock is owned by a variety of of retail and institutional 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.

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.

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.

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 $10.13.

Viavi Solutions has a market capitalization of $2.28 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.

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]