Northland Securities Predicts Viavi Solutions Q3 Earnings

Viavi Solutions Inc. (NASDAQ:VIAV) – Equities researchers at Northland Securities raised their Q3 2027 earnings per share (EPS) estimates for Viavi Solutions in a research note issued to investors on Thursday, November 5th. Northland Securities analyst T. Savageaux now forecasts that the communications equipment provider will earn $0.48 per share for the quarter, up from their previous forecast of $0.34. The consensus estimate for Viavi Solutions’ current full-year earnings is $1.42 per share. Northland Securities also issued estimates for Viavi Solutions’ Q4 2027 earnings at $0.50 EPS and FY2027 earnings at $1.87 EPS.

Viavi Solutions (NASDAQ:VIAV) last posted its quarterly earnings results on Wednesday, November 4th. The communications equipment provider reported $0.47 earnings per share for the quarter, beating analysts’ consensus estimates of $0.41 by $0.06. The company had revenue of $469.30 million for the quarter, compared to analysts’ expectations of $455.06 million. Viavi Solutions had a return on equity of 25.36% and a net margin of 3.97%. Viavi Solutions’s quarterly revenue was up 56.9% on a year-over-year basis. During the same period last year, the firm earned $0.15 earnings per share.

Other equities research analysts have also issued research reports about the company. B. Riley Financial cut their target price on Viavi Solutions from $63.00 to $60.00 and set a “buy” rating on the stock in a research report on Thursday, August 6th. Rosenblatt Securities reaffirmed a “buy” rating and issued a $70.00 price target on shares of Viavi Solutions in a report on Wednesday, September 23rd. Stifel Nicolaus set a $65.00 price target on shares of Viavi Solutions in a research note on Wednesday, September 23rd. UBS Group cut their price objective on shares of Viavi Solutions from $44.00 to $33.00 and set a “neutral” rating on the stock in a report on Thursday, November 5th. Finally, Zacks Research downgraded shares of Viavi Solutions from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 12th. Five investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $57.83.

Viavi Solutions Trading Down 1.4%

NASDAQ:VIAV opened at $32.54 on Friday. Viavi Solutions has a 1 year low of $15.51 and a 1 year high of $60.43. The stock has a market cap of $8.00 billion, a P/E ratio of 135.59, a P/E/G ratio of 1.94 and a beta of 1.31. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.40 and a current ratio of 1.65. The stock has a 50-day simple moving average of $36.40 and a 200-day simple moving average of $38.89.

Insider Activity at Viavi Solutions

In other Viavi Solutions news, EVP Ilan Daskal sold 56,290 shares of the firm’s stock in a transaction dated Monday, August 31st. The stock was sold at an average price of $36.29, for a total transaction of $2,042,764.10. Following the transaction, the executive vice president owned 10,132 shares of the company’s stock, valued at approximately $367,690.28. This trade represents a 84.75% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Laura Black sold 71,000 shares of the firm’s stock in a transaction dated Monday, August 17th. The stock was sold at an average price of $46.12, for a total value of $3,274,520.00. Following the transaction, the director directly owned 71,497 shares in the company, valued at approximately $3,297,441.64. The trade was a 49.83% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 198,099 shares of company stock worth $7,916,628. Insiders own 1.20% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the company. GTS Securities LLC increased its position in Viavi Solutions by 4.5% during the second quarter. GTS Securities LLC now owns 6,511 shares of the communications equipment provider’s stock worth $311,000 after buying an additional 283 shares during the period. Carolina Wealth Advisors LLC lifted its stake in Viavi Solutions by 83.2% in the second quarter. Carolina Wealth Advisors LLC now owns 852 shares of the communications equipment provider’s stock valued at $41,000 after buying an additional 387 shares during the last quarter. North Dakota State Investment Board lifted its stake in Viavi Solutions by 5.7% in the third quarter. North Dakota State Investment Board now owns 7,210 shares of the communications equipment provider’s stock valued at $302,000 after buying an additional 392 shares during the last quarter. GAMMA Investing LLC boosted its holdings in shares of Viavi Solutions by 10.0% in the third quarter. GAMMA Investing LLC now owns 6,706 shares of the communications equipment provider’s stock valued at $281,000 after acquiring an additional 611 shares during the period. Finally, Fortitude Family Office LLC boosted its holdings in shares of Viavi Solutions by 413.3% in the third quarter. Fortitude Family Office LLC now owns 811 shares of the communications equipment provider’s stock valued at $34,000 after acquiring an additional 653 shares during the period. Hedge funds and other institutional investors own 95.54% of the company’s stock.

Viavi Solutions Company Profile

Viavi Solutions Inc. develops testing, monitoring and assurance solutions for communications networks. Its products and software help service providers, equipment makers and enterprises build, maintain and troubleshoot fiber-optic, broadband, wireless and other network infrastructure, including technologies used in 5G and data centers. The company also makes optical technologies and security products, including features used to authenticate banknotes, identity documents and branded goods. These offerings support applications in areas such as anti-counterfeiting, document security and optical coatings.