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

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

Viavi Solutions announced that its board has approved a stock 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 purchase shares of its stock through open market purchases. Shares repurchase plans are often a sign that the company's board believes its shares are undervalued.

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

Viavi Solutions is scheduled to release their next quarterly earnings announcement on Thursday, February 7th 2019. View Earnings Estimates for Viavi Solutions.

Viavi Solutions issued an update on its second quarter earnings guidance on Thursday, November, 1st. The company provided earnings per share (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.

10 analysts have issued 12 month price objectives for Viavi Solutions' shares. Their predictions range from $9.50 to $14.00. On average, they anticipate Viavi Solutions' stock price to reach $11.7689 in the next twelve months. This suggests a possible upside of 19.8% from the stock's current price. View Analyst Price Targets 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.

News articles about VIAV stock have trended somewhat positive recently, InfoTrie Sentiment Analysis reports. The research firm rates the sentiment of media coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of 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 1.4 on InfoTrie's scale. They also gave headlines about the communications equipment provider a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the company's share price in the near future.

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), Mellanox Technologies (MLNX), Cypress Semiconductor (CY), First Solar (FSLR), SUMCO Corp/ADR (SUOPY), Cree (CREE), United Microelectronics (UMC), AU Optronics (AUO), Semiconductor Manufacturing Int'l (SMI) and Advantest (ATEYY).

Viavi Solutions' stock is owned by many different of retail and institutional investors. Top institutional investors include Bank of New York Mellon Corp (4.62%), DNB Asset Management AS (1.86%), Dimensional Fund Advisors LP (1.82%), AO Asset Management LP (1.03%), Renaissance Technologies LLC (1.00%) and Victory Capital Management Inc. (0.98%). 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.

VIAV stock was sold by a variety of institutional investors in the last quarter, including Bank of New York Mellon Corp, Canada Pension Plan Investment Board, Panagora Asset Management Inc., Victory Capital Management Inc., Pinnacle Associates Ltd., William Blair Investment Management LLC, ClariVest Asset Management LLC and GSA Capital Partners LLP. 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, Pamela J Strayer, Paul Mcnab, Ralph Rondinone and Richard Belluzzo. View Insider Buying and Selling for Viavi Solutions.

VIAV stock was purchased by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, AO Asset Management LP, SG Americas Securities LLC, DNB Asset Management AS, Dimensional Fund Advisors LP, Essex Investment Management Co. LLC, Assenagon Asset Management S.A. and PEAK6 Investments LLC. 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 $9.82.

Viavi Solutions has a market capitalization of $2.25 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]