Viavi Solutions (NASDAQ:VIAV - Get Free Report) is expected to be releasing its earnings data after the market closes on Thursday, January 30th. Analysts expect Viavi Solutions to post earnings of $0.10 per share and revenue of $259,970.00 billion for the quarter. Viavi Solutions has set its Q2 guidance at $0.09 to $0.11 EPS and its Q2 2025 guidance at 0.090-0.110 EPS.Persons that wish to register for the company's earnings conference call can do so using this link.
Viavi Solutions (NASDAQ:VIAV - Get Free Report) last released its quarterly earnings results on Thursday, October 31st. The communications equipment provider reported $0.06 EPS for the quarter, hitting the consensus estimate of $0.06. The firm had revenue of $238.20 million for the quarter, compared to analyst estimates of $240.09 million. Viavi Solutions had a positive return on equity of 2.22% and a negative net margin of 3.78%. Viavi Solutions's revenue for the quarter was down 3.9% on a year-over-year basis. During the same period in the previous year, the company posted $0.05 EPS. On average, analysts expect Viavi Solutions to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
Viavi Solutions Stock Up 1.2 %
Shares of VIAV traded up $0.12 during mid-day trading on Thursday, reaching $10.62. 958,643 shares of the stock traded hands, compared to its average volume of 1,180,981. The stock has a fifty day simple moving average of $10.23 and a 200 day simple moving average of $9.11. Viavi Solutions has a 12-month low of $6.60 and a 12-month high of $11.49. The company has a quick ratio of 3.31, a current ratio of 3.71 and a debt-to-equity ratio of 0.91. The firm has a market cap of $2.36 billion, a price-to-earnings ratio of -62.61 and a beta of 0.91.
Analyst Ratings Changes
A number of equities analysts have commented on VIAV shares. Northland Securities boosted their price objective on shares of Viavi Solutions from $11.00 to $13.00 and gave the stock an "outperform" rating in a report on Friday, November 1st. UBS Group started coverage on Viavi Solutions in a report on Tuesday, November 19th. They issued a "neutral" rating and a $10.60 price target for the company. Rosenblatt Securities raised their price objective on Viavi Solutions from $8.25 to $10.50 and gave the company a "neutral" rating in a research note on Friday, November 1st. Needham & Company LLC reaffirmed a "hold" rating on shares of Viavi Solutions in a research report on Monday, December 16th. Finally, Morgan Stanley reissued an "underweight" rating and set a $9.50 price target (up previously from $8.00) on shares of Viavi Solutions in a research report on Tuesday, December 17th. One analyst has rated the stock with a sell rating, five have issued a hold rating, three have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of "Hold" and an average target price of $10.44.
Check Out Our Latest Analysis on Viavi Solutions
Insider Buying and Selling
In other Viavi Solutions news, Director Masood Jabbar sold 15,000 shares of Viavi Solutions stock in a transaction that occurred on Thursday, November 14th. The stock was sold at an average price of $10.14, for a total value of $152,100.00. Following the completion of the transaction, the director now directly owns 225,333 shares in the company, valued at $2,284,876.62. The trade was a 6.24 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, SVP Luke M. Scrivanich sold 2,802 shares of the business's stock in a transaction that occurred on Wednesday, December 11th. The shares were sold at an average price of $10.43, for a total value of $29,224.86. Following the transaction, the senior vice president now owns 54,517 shares of the company's stock, valued at $568,612.31. This represents a 4.89 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 47,802 shares of company stock worth $481,625 over the last ninety days. 1.52% of the stock is owned by insiders.
About Viavi Solutions
(
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Viavi Solutions, Inc engages in the provision of network test, monitoring, and assurance solutions for communications service providers, enterprises, network equipment manufacturers, government and avionics. It operates through the following segments: Network Enablement, Service Enablement, and Optical Security and Performance.
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