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

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

Viavi Solutions declared that its board has authorized a stock repurchase plan on Friday, February 16th 2018, which authorizes the company to repurchase $50,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to buy shares of its stock through open market purchases. Shares repurchase plans are usually a sign that the company's management believes its stock is undervalued.

Viavi Solutions Inc (NASDAQ:VIAV) posted its earnings results on Thursday, November, 1st. The communications equipment provider reported $0.12 earnings per share for the quarter, beating the consensus estimate of $0.11 by $0.01. The communications equipment provider had revenue of $268.50 million for the quarter, compared to analysts' expectations of $268.73 million. Viavi Solutions had a positive return on equity of 12.72% and a negative net margin of 5.92%. Viavi Solutions's quarterly revenue was up 40.6% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.11 EPS. View Viavi Solutions' Earnings History.

Viavi Solutions is scheduled to release their next quarterly earnings announcement on Tuesday, February 5th 2019. View Earnings Estimates for Viavi Solutions.

Viavi Solutions will be holding an earnings conference call on Tuesday, February 5th at 4:30 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8332459658.

Viavi Solutions updated its second quarter earnings guidance on Thursday, November, 1st. The company provided EPS guidance of $0.15-0.17 for the period, compared to the Thomson Reuters consensus estimate of $0.16. The company issued revenue guidance of $270-290 million, compared to the consensus revenue estimate of $280.65 million.Viavi Solutions also updated its Q2 2018 guidance to $0.15-0.17 EPS.

9 brokerages have issued twelve-month price objectives for Viavi Solutions' shares. Their predictions range from $9.50 to $14.00. On average, they expect Viavi Solutions' stock price to reach $11.6150 in the next twelve months. This suggests a possible upside of 10.5% from the stock's current price. 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, 1 hold rating and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Viavi Solutions.

News articles about VIAV stock have trended somewhat positive recently, InfoTrie Sentiment Analysis reports. The research firm identifies negative and positive news coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Viavi Solutions earned a media sentiment score of 1.0 on InfoTrie's scale. They also assigned news stories about the communications equipment provider a news buzz of 3.0 out of 10, indicating that recent news coverage is unlikely to have an impact on the company's share price in the next few days.

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

Viavi Solutions' stock is owned by many different of retail and institutional investors. Top institutional investors include DNB Asset Management AS (1.84%), Louisiana State Employees Retirement System (0.04%), State of Alaska Department of Revenue (0.03%), Suffolk Capital Management LLC (0.02%), Strs Ohio (0.01%) and Bank of Montreal Can (0.01%). 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, 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 Suffolk Capital Management LLC, DNB Asset Management AS, Louisiana State Employees Retirement System and Fox Run Management L.L.C.. 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 Strs Ohio, Meeder Asset Management Inc., State of Alaska Department of Revenue and Bank of Montreal Can. 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 $10.51.

Viavi Solutions has a market capitalization of $2.40 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]