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NASDAQ:VIAV

Viavi Solutions (VIAV) Stock Price, News & Analysis

Viavi Solutions logo
$9.74
+0.16 (+1.67%)
(As of 02:09 PM ET)

About Viavi Solutions Stock (NASDAQ:VIAV)

Key Stats

Today's Range
$9.56
$9.85
50-Day Range
$7.91
$9.86
52-Week Range
$6.60
$11.32
Volume
401,020 shs
Average Volume
1.79 million shs
Market Capitalization
$2.16 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$10.42
Consensus Rating
Moderate Buy

Company Overview

Viavi Solutions Inc. provides network test, monitoring, and assurance solutions for communications service providers, hyperscalers, network equipment manufacturers, original equipment manufacturers, government, and avionics customers in the Americas, the Asia-Pacific, Europe, the Middle East, and Africa. The company operates through three segments: Network Enablement (NE), Service Enablement (SE), and Optical Security and Performance Products (OSP). The NE segment offers testing solutions that access the network to perform build-out and maintenance tasks. Its solutions include instruments, software, and services to design, build, activate, certify, troubleshoot, and optimize networks; and test and measurement instrumentation for communication and safety. 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 SE 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 OSP segment offers optical products for anti-counterfeiting, consumer and industrial, government, automotive, and industrial markets. The company was formerly known as JDS Uniphase Corporation. Viavi Solutions Inc. was founded in 1923 and is headquartered in Chandler, Arizona.

Viavi Solutions Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
79th Percentile Overall Score

VIAV MarketRank™: 

Viavi Solutions scored higher than 79% of companies evaluated by MarketBeat, and ranked 197th out of 660 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Viavi Solutions has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 2 buy ratings, 5 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Viavi Solutions has only been the subject of 4 research reports in the past 90 days.

  • Read more about Viavi Solutions' stock forecast and price target.
  • Earnings Growth

    Earnings for Viavi Solutions are expected to grow by 147.06% in the coming year, from $0.17 to $0.42 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Viavi Solutions is -57.29, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Viavi Solutions is -57.29, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Book Value per Share Ratio

    Viavi Solutions has a P/B Ratio of 3.17. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Read more about Viavi Solutions' valuation and earnings.
  • Percentage of Shares Shorted

    1.82% of the float of Viavi Solutions has been sold short.
  • Short Interest Ratio / Days to Cover

    Viavi Solutions has a short interest ratio ("days to cover") of 2.7, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Viavi Solutions has recently decreased by 5.70%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    Viavi Solutions does not currently pay a dividend.

  • Dividend Growth

    Viavi Solutions does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    1.82% of the float of Viavi Solutions has been sold short.
  • Short Interest Ratio / Days to Cover

    Viavi Solutions has a short interest ratio ("days to cover") of 2.7, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Viavi Solutions has recently decreased by 5.70%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    Viavi Solutions has a news sentiment score of 0.54. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Computer and Technology companies.
  • News Coverage This Week

    MarketBeat has tracked 21 news articles for Viavi Solutions this week, compared to 4 articles on an average week.
  • Search Interest

    Only 2 people have searched for VIAV on MarketBeat in the last 30 days. This is a decrease of -33% compared to the previous 30 days.
  • MarketBeat Follows

    2 people have added Viavi Solutions to their MarketBeat watchlist in the last 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Viavi Solutions insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $720,562.00 in company stock.

  • Percentage Held by Insiders

    Only 1.52% of the stock of Viavi Solutions is held by insiders.

  • Percentage Held by Institutions

    95.54% of the stock of Viavi Solutions is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Viavi Solutions' insider trading history.
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VIAV Stock News Headlines

NASDAQ small cap that could be gearing up for a massive short squeeze.
A Heavy Short Interest Could Lead to a Monstrous Short Squeeze for this Tiny NASDAQ Healthcare Firm!
Viavi Solutions (NASDAQ:VIAV) Price Target Raised to $10.50
Viavi Solutions (NASDAQ:VIAV) Price Target Raised to $13.00
VIAVI Solutions, Inc. Announces First Quarter Fiscal 2025 Results
Viavi Solutions (NASDAQ:VIAV) Shares Gap Up on Analyst Upgrade
See More Headlines

VIAV Stock Analysis - Frequently Asked Questions

Viavi Solutions' stock was trading at $10.07 at the beginning of the year. Since then, VIAV stock has decreased by 3.3% and is now trading at $9.74.
View the best growth stocks for 2024 here
.

Viavi Solutions Inc. (NASDAQ:VIAV) issued its earnings results on Thursday, October, 31st. The communications equipment provider reported $0.06 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.06 by $0.00. Viavi Solutions's revenue was down 3.9% on a year-over-year basis.

Top institutional shareholders of Viavi Solutions include Leeward Investments LLC MA (0.76%), Tributary Capital Management LLC (0.50%), Principal Financial Group Inc. (0.47%) and Assenagon Asset Management S.A. (0.37%). Insiders that own company stock include Oleg Khaykin, Masood Jabbar, Gary W Staley, Luke M Scrivanich, Kevin Christopher Siebert, Paul Mcnab, Ralph Rondinone and Richard Belluzzo.
View institutional ownership trends
.

Shares of VIAV stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Viavi Solutions investors own include Tesla (TSLA), IDEXX Laboratories (IDXX), Broadcom (AVGO), Applied Materials (AMAT), NVIDIA (NVDA), HubSpot (HUBS) and ASML (ASML).

Company Calendar

Last Earnings
10/31/2024
Today
11/05/2024
Next Earnings (Estimated)
2/06/2025
Fiscal Year End
6/30/2025

Industry, Sector and Symbol

Industry
Semiconductors & related devices
Sub-Industry
Electronic Equipment
Current Symbol
NASDAQ:VIAV
Previous Symbol
NASDAQ:VIAVV
Employees
3,600
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$10.42
High Stock Price Target
$13.00
Low Stock Price Target
$8.50
Potential Upside/Downside
+8.7%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
8 Analysts

Profitability

Net Income
$-25,800,000.00
Pretax Margin
1.16%

Debt

Sales & Book Value

Annual Sales
$1.00 billion
Cash Flow
$0.42 per share
Book Value
$3.07 per share

Miscellaneous

Free Float
218,327,000
Market Cap
$2.12 billion
Optionable
Optionable
Beta
0.90

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This page (NASDAQ:VIAV) was last updated on 11/5/2024 by MarketBeat.com Staff
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