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

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$12.09 -0.06 (-0.49 %)

(As of 03/19/2019 01:08 PM ET)

Previous Close$12.15

Today's Range$12.06 - $12.18

52-Week Range$9.11 - $13.48

Volume46,111 shs

Average Volume2.11 million shs

Market Capitalization$2.76 billion

P/E Ratio35.59

Dividend YieldN/A

Beta0.9

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

Current SymbolNASDAQ:VIAV

Previous SymbolNASDAQ:VIAVV

CUSIPN/A

CIK912093

Webwww.viavisolutions.com

Phone408-404-3600

Debt

Debt-to-Equity Ratio0.80

Current Ratio2.99

Quick Ratio2.70

Price-To-Earnings

Trailing P/E Ratio35.59

Forward P/E Ratio21.98

P/E GrowthN/A

Sales & Book Value

Annual Sales$880.40 million

Price / Sales3.13

Cash Flow$0.8544 per share

Price / Cash Flow14.15

Book Value$3.18 per share

Price / Book3.80

Profitability

EPS (Most Recent Fiscal Year)$0.34

Net Income$-46,000,000.00

Net Margins-3.76%

Return on Equity15.82%

Return on Assets5.94%

Miscellaneous

Employees3,500

Outstanding Shares228,000,000

Market Cap$2.76 billion

Next Earnings Date5/2/2019 (Estimated)

OptionableOptionable

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 initiated a stock buyback program on Friday, February 16th 2018, which permits the company to buyback $50,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to purchase shares of its stock through open market purchases. Shares buyback programs are often a sign that the company's board of directors believes its shares are undervalued.

How were Viavi Solutions' earnings last quarter?

Viavi Solutions Inc (NASDAQ:VIAV) issued its quarterly earnings data on Tuesday, February, 5th. The communications equipment provider reported $0.22 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.16 by $0.06. The communications equipment provider had revenue of $298.40 million for the quarter, compared to analysts' expectations of $280.93 million. Viavi Solutions had a negative net margin of 3.76% and a positive return on equity of 15.82%. The firm's revenue for the quarter was up 47.9% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.09 EPS. 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, May 2nd 2019. View Earnings Estimates for Viavi Solutions.

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

Viavi Solutions updated 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 earnings per share 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.

What price target have analysts set for VIAV?

9 brokerages have issued 12 month price objectives for Viavi Solutions' shares. Their forecasts range from $9.92 to $15.00. On average, they expect Viavi Solutions' stock price to reach $12.8650 in the next twelve months. This suggests a possible upside of 6.4% from the stock's current price. View Analyst Price Targets for Viavi Solutions.

What is the consensus analysts' recommendation 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.

What are Wall Street analysts saying about Viavi Solutions stock?

Here are some recent quotes from research analysts about Viavi Solutions stock:

1. Rosenblatt Securities analysts commented, "We believe Viavi could have a sustainable 5G testing business in the next 5 years. Viavi exceeded their revenue target for their 5G testing business based on the current pipeline, and we believe this strength will continue." (2/10/2019)
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. " (2/9/2019)
3. 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)

Has Viavi Solutions been receiving favorable news coverage?

Press coverage about VIAV stock has trended somewhat negative recently, according to InfoTrie Sentiment Analysis. The research group scores the sentiment of press coverage by monitoring 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 nearest to five being the most favorable. Viavi Solutions earned a coverage optimism score of -1.0 on InfoTrie's scale. They also gave news headlines about the communications equipment provider a news buzz of 8.0 out of 10, meaning that recent press coverage is very likely to have an impact on the company's share price in the next few days.

Who are some of Viavi Solutions' key competitors?

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

What other stocks do shareholders of Viavi Solutions own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Viavi Solutions investors own include Lumentum (LITE), Intel (INTC), Energy Transfer LP Unit (ET), NVIDIA (nvda), Ford Motor (F), QUALCOMM (QCOM), Cisco Systems (CSCO), Bank of America (BAC), Broadcom (AVGO) and Advanced Micro Devices (AMD).

Who are Viavi Solutions' key executives?

Viavi Solutions' management team includes the folowing people:

Mr. Oleg Khaykin, Pres, CEO & Director (Age 54)
Mr. Amar Maletira, Exec. VP & CFO (Age 50)
Mr. Ralph Rondinone, Sr. VP of Global Operations & Services and Network & Service Enablement (Age 57)
Mr. Paul McNab, Exec. VP and Chief Marketing & Strategy Officer (Age 56)
Mr. Gary W. Staley, Sr. VP of Global Sales, Network & Service Enablement (Age 52)

Who are Viavi Solutions' major shareholders?

Viavi Solutions' stock is owned by many different 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%), Dimensional Fund Advisors LP (1.74%), Northern Trust Corp (1.30%) and Macquarie Group Ltd. (1.24%). 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.

Which institutional investors are selling Viavi Solutions stock?

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, Dimensional Fund Advisors LP and FMR LLC. Company insiders that have sold Viavi Solutions company stock in the last year include Amar Maletira, Gary W Staley, Keith Barnes, Kevin Christopher Siebert, Luke M Scrivanich, Paul Mcnab and Ralph Rondinone. View Insider Buying and Selling for Viavi Solutions.

Which institutional investors are buying Viavi Solutions stock?

VIAV stock was purchased by a variety of institutional investors in the last quarter, including Norges Bank, 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 and Squarepoint Ops 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 $12.09.

How big of a company is Viavi Solutions?

Viavi Solutions has a market capitalization of $2.76 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:		525 (Vote Outperform)
Underperform Votes:		436 (Vote Underperform)
Total Votes:		961

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 3/19/2019 by MarketBeat.com Staff