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

$13.36
-0.40 (-2.91 %)
(As of 08/25/2019 01:46 AM ET)
Today's Range
$13.34
Now: $13.36
$13.75
50-Day Range
$13.3850
MA: $14.24
$14.84
52-Week Range
$9.17
Now: $13.36
$14.95
Volume1.26 million shs
Average Volume2.10 million shs
Market Capitalization$3.06 billion
P/E Ratio25.69
Dividend YieldN/A
Beta0.98
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. Read More…

Industry, Sector and Symbol

Industry Semiconductors & related devices
Sub-IndustryN/A
SectorComputer and Technology
Current SymbolNASDAQ:VIAV
Previous SymbolNASDAQ:VIAVV
CUSIPN/A
Phone408-404-3600

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.13 billion
Cash Flow$0.6604 per share
Book Value$3.17 per share

Profitability

Net Income$5.40 million

Miscellaneous

Employees3,500
Market Cap$3.06 billion
Next Earnings Date11/7/2019 (Estimated)
OptionableOptionable

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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 declared that its board has approved a stock repurchase plan on Friday, February 16th 2018, which permits the company to repurchase $50,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to buy shares of its stock through open market purchases. Stock repurchase plans are typically an indication that the company's management believes its shares are undervalued.

How were Viavi Solutions' earnings last quarter?

Viavi Solutions Inc (NASDAQ:VIAV) issued its quarterly earnings data on Thursday, August, 15th. The communications equipment provider reported $0.13 EPS for the quarter, beating the Zacks' consensus estimate of $0.12 by $0.01. The communications equipment provider earned $289.70 million during the quarter, compared to analysts' expectations of $279.18 million. Viavi Solutions had a return on equity of 16.75% and a net margin of 0.48%. Viavi Solutions's revenue was up 9.7% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.14 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, November 7th 2019. View Earnings Estimates for Viavi Solutions.

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

Viavi Solutions issued an update on its first quarter earnings guidance on Thursday, August, 15th. The company provided earnings per share (EPS) guidance of $0.14-$0.16 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.15. The company issued revenue guidance of $273-$293 million, compared to the consensus revenue estimate of $282.31 million.

What price target have analysts set for VIAV?

8 Wall Street analysts have issued 12 month target prices for Viavi Solutions' shares. Their forecasts range from $13.00 to $16.00. On average, they anticipate Viavi Solutions' share price to reach $14.7143 in the next year. This suggests a possible upside of 10.1% from the stock's current price. View Analyst Price Targets for Viavi Solutions.

What is the consensus analysts' recommendation 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.

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 expect the 5G testing business to maintain its growth engines as more countries deploy 5G networks in 2020. We believe Viavi will continue to benefit from the 5G equipment installation stage as the company can sell system testing products and field testing services." (8/16/2019)
  • 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. " (7/5/2019)

Has Viavi Solutions been receiving favorable news coverage?

News stories about VIAV stock have trended positive this week, according to InfoTrie. The research group rates the sentiment of news coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Viavi Solutions earned a news sentiment score of 2.5 on InfoTrie's scale. They also gave headlines about the communications equipment provider a news buzz of 6.0 out of 10, meaning that recent news coverage is somewhat likely to have an impact on the stock's share price in the immediate future. View News Stories for Viavi Solutions.

Are investors shorting Viavi Solutions?

Viavi Solutions saw a decline in short interest during the month of July. As of July 31st, there was short interest totalling 9,338,000 shares, a decline of 11.5% from the June 30th total of 10,553,100 shares. Based on an average daily trading volume, of 2,180,000 shares, the short-interest ratio is presently 4.3 days. Currently, 4.1% of the company's stock are sold short. View Viavi Solutions' Current Options Chain.

Who are some of Viavi Solutions' key competitors?

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 Lundin Mining (LUN), Lam Research (LRCX), Energy Transfer LP Unit (ET), Lumentum (LITE), NVIDIA (NVDA), Ford Motor (F), Intel (INTC), Advanced Micro Devices (AMD), QUALCOMM (QCOM) and CBL & Associates Properties (CBL).

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 a variety of of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (10.75%), Renaissance Technologies LLC (1.94%), Victory Capital Management Inc. (1.62%), DNB Asset Management AS (1.43%), Rothschild & Co. Asset Management US Inc. (1.42%) and Northern Trust Corp (1.33%). 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 Tygh Capital Management Inc., William Blair Investment Management LLC, Pinnacle Associates Ltd., Prudential Financial Inc., Public Employees Retirement System of Ohio, Westfield Capital Management Co. LP, Royal Bank of Canada and Eagle Asset Management Inc.. 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 acquired by a variety of institutional investors in the last quarter, including Balyasny Asset Management LLC, Bank of Montreal Can, Renaissance Technologies LLC, Rothschild & Co. Asset Management US Inc., Nuveen Asset Management LLC, DNB Asset Management AS, Castleark Management LLC and Vanguard Group Inc.. 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 $13.36.

How big of a company is Viavi Solutions?

Viavi Solutions has a market capitalization of $3.06 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 3,500 workers across the globe.View Additional Information About Viavi Solutions.

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 (star star)
Outperform Votes:  558 (Vote Outperform)
Underperform Votes:  474 (Vote Underperform)
Total Votes:  1,032
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 8/25/2019 by MarketBeat.com Staff

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