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

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$12.04 -0.10 (-0.82 %)

(As of 10/21/2018 04:00 PM ET)

Previous Close$12.04

Today's Range$11.98 - $12.35

52-Week Range$8.34 - $12.82

Volume1.76 million shs

Average Volume2.66 million shs

Market Capitalization$2.74 billion

P/E Ratio31.68

Dividend YieldN/A

Beta0.88

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. 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, including 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, enterprises, and cloud operators with visibility into network, service, and application data. Its solutions include 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 San Jose, California.

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Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry Semiconductors & related devices

Sub-IndustryN/A

SectorComputer and Technology

SymbolNASDAQ:VIAV

CUSIPN/A

Webwww.viavisolutions.com

Phone408-404-3600

Debt

Debt-to-Equity Ratio0.77

Current Ratio2.05

Quick Ratio1.89

Price-To-Earnings

Trailing P/E Ratio31.68

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual Sales$880.40 million

Price / Sales3.12

Cash Flow$0.8643 per share

Price / Cash13.93

Book Value$3.18 per share

Price / Book3.79

Profitability

EPS (Most Recent Fiscal Year)$0.34

Net Income$-46,000,000.00

Net Margins-5.22%

Return on Equity11.57%

Return on Assets4.37%

Miscellaneous

Employees3,500

Outstanding Shares227,910,000

Market Cap$2.74 billion

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 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 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 earnings results on Tuesday, August, 14th. The communications equipment provider reported $0.14 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.11 by $0.03. The communications equipment provider had revenue of $264 million for the quarter, compared to the consensus estimate of $255.10 million. Viavi Solutions had a negative net margin of 5.22% and a positive return on equity of 11.57%. The firm's revenue was up 33.3% on a year-over-year basis. During the same period in the previous year, the business posted $0.12 earnings per share. View Viavi Solutions' Earnings History.

When is Viavi Solutions' next earnings date?

Viavi Solutions is scheduled to release their next quarterly earnings announcement on Thursday, November 1st 2018. View Earnings Estimates for Viavi Solutions.

How can I listen to Viavi Solutions' earnings call?

Viavi Solutions will be holding an earnings conference call on Thursday, November 1st at 4:30 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8332459658.

What guidance has Viavi Solutions issued on next quarter's earnings?

Viavi Solutions issued an update on its first quarter earnings guidance on Tuesday, August, 14th. The company provided EPS guidance of $0.12-0.15 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.13. The company issued revenue guidance of $257-277 million, compared to the consensus revenue estimate of $253.13 million.

What price target have analysts set for VIAV?

10 brokers have issued 1-year price targets for Viavi Solutions' stock. Their predictions range from $9.50 to $13.50. On average, they expect Viavi Solutions' share price to reach $11.3244 in the next twelve months. This suggests that the stock has a possible downside of 5.9%. View Analyst Price Targets for Viavi Solutions.

What is the consensus analysts' recommendation for Viavi Solutions?

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Viavi Solutions in the last year. There are currently 1 sell rating, 1 hold rating and 8 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 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. " (10/17/2018)
2. 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)

Are investors shorting Viavi Solutions?

Viavi Solutions saw a decrease in short interest during the month of September. As of September 28th, there was short interest totalling 8,373,433 shares, a decrease of 18.7% from the September 14th total of 10,295,706 shares. Based on an average trading volume of 1,902,864 shares, the short-interest ratio is currently 4.4 days. Approximately 3.7% of the company's shares 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 Qorvo (QRVO), ASE Technology (ASX), Microsemi (MSCC), IPG Photonics (IPGP), ON Semiconductor (ON), Integrated Device Technology (IDTI), Cavium (CAVM), Siliconware Precision Industries (SPIL), United Microelectronics (UMC), First Solar (FSLR), Monolithic Power Systems (MPWR), Cypress Semiconductor (CY), SUMCO Corp/ADR (SUOPY), Semiconductor Manufacturing Int'l (SMI) and Mellanox Technologies (MLNX).

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)

Who are Viavi Solutions' major shareholders?

Viavi Solutions' stock is owned by many different of institutional and retail investors. Top institutional investors include DNB Asset Management AS (1.86%) and Essex Investment Management Co. LLC (0.08%). Company insiders that own Viavi Solutions stock include Amar Maletira, Dion Joannou, Gary W Staley, 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 buying Viavi Solutions stock?

VIAV stock was purchased by a variety of institutional investors in the last quarter, including DNB Asset Management AS and Essex Investment Management Co. LLC. 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 $12.04.

How big of a company is Viavi Solutions?

Viavi Solutions has a market capitalization of $2.74 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.

What is Viavi Solutions' official website?

The official website for Viavi Solutions is http://www.viavisolutions.com.

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)

Community Ranking:		2.7 out of 5 ( )
Outperform Votes:		498 (Vote Outperform)
Underperform Votes:		420 (Vote Underperform)
Total Votes:		918

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.

This page was last updated on 10/21/2018 by MarketBeat.com Staff