Viavi Solutions Inc. (NASDAQ:VIAV) Given Average Rating of “Moderate Buy” by Analysts

Viavi Solutions Inc. (NASDAQ:VIAV) has been assigned an average recommendation of “Moderate Buy” from the nine research firms that are presently covering the stock, MarketBeat Ratings reports. Three investment analysts have rated the stock with a hold recommendation and six have issued a buy recommendation on the company. The average 1 year price objective among brokerages that have issued ratings on the stock in the last year is $42.75.

VIAV has been the subject of several research reports. Needham & Company LLC lifted their price objective on Viavi Solutions from $28.00 to $36.00 and gave the stock a “buy” rating in a research report on Monday, March 2nd. UBS Group lifted their price objective on Viavi Solutions from $25.00 to $60.00 and gave the stock a “neutral” rating in a research report on Thursday, April 30th. Weiss Ratings upgraded Viavi Solutions from a “sell (d-)” rating to a “hold (c-)” rating in a research report on Wednesday, May 13th. B. Riley Financial lifted their price objective on Viavi Solutions from $26.00 to $53.00 and gave the stock a “buy” rating in a research report on Friday, April 24th. Finally, Rosenblatt Securities reaffirmed a “buy” rating and issued a $70.00 target price on shares of Viavi Solutions in a research note on Wednesday, June 10th.

Insider Transactions at Viavi Solutions

In other Viavi Solutions news, EVP Paul Mcnab sold 2,727 shares of Viavi Solutions stock in a transaction that occurred on Tuesday, May 5th. The shares were sold at an average price of $54.96, for a total value of $149,875.92. Following the completion of the sale, the executive vice president directly owned 15,471 shares of the company’s stock, valued at approximately $850,286.16. The trade was a 14.99% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Kevin Christopher Siebert sold 8,255 shares of Viavi Solutions stock in a transaction that occurred on Monday, May 4th. The stock was sold at an average price of $54.02, for a total transaction of $445,935.10. Following the completion of the sale, the senior vice president directly owned 20,129 shares of the company’s stock, valued at $1,087,368.58. The trade was a 29.08% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 450,369 shares of company stock worth $23,789,119 in the last three months. 1.80% of the stock is currently owned by company insiders.

Institutional Trading of Viavi Solutions

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Capital World Investors grew its stake in Viavi Solutions by 4.4% in the 4th quarter. Capital World Investors now owns 15,620,410 shares of the communications equipment provider’s stock worth $278,356,000 after acquiring an additional 664,956 shares during the period. Dimensional Fund Advisors LP grew its stake in Viavi Solutions by 3.5% in the 3rd quarter. Dimensional Fund Advisors LP now owns 6,846,226 shares of the communications equipment provider’s stock worth $86,875,000 after acquiring an additional 231,570 shares during the period. Arrowstreet Capital Limited Partnership grew its stake in Viavi Solutions by 0.5% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 6,673,145 shares of the communications equipment provider’s stock worth $118,915,000 after acquiring an additional 33,463 shares during the period. Geode Capital Management LLC grew its stake in Viavi Solutions by 0.4% in the 4th quarter. Geode Capital Management LLC now owns 5,351,211 shares of the communications equipment provider’s stock worth $95,373,000 after acquiring an additional 20,776 shares during the period. Finally, Invesco Ltd. grew its stake in shares of Viavi Solutions by 116.0% during the 4th quarter. Invesco Ltd. now owns 3,809,513 shares of the communications equipment provider’s stock valued at $67,886,000 after buying an additional 2,045,702 shares during the period. 95.54% of the stock is owned by hedge funds and other institutional investors.

Viavi Solutions Trading Up 1.1%

Shares of Viavi Solutions stock opened at $54.05 on Tuesday. The company has a debt-to-equity ratio of 0.99, a current ratio of 1.61 and a quick ratio of 1.39. Viavi Solutions has a 1 year low of $9.14 and a 1 year high of $60.43. The company has a market capitalization of $12.64 billion, a P/E ratio of -225.20 and a beta of 1.18. The business has a 50 day moving average price of $47.70 and a 200 day moving average price of $32.41.

Viavi Solutions (NASDAQ:VIAV) last issued its quarterly earnings data on Wednesday, April 29th. The communications equipment provider reported $0.27 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.24 by $0.03. Viavi Solutions had a positive return on equity of 16.80% and a negative net margin of 4.03%.The firm had revenue of $406.80 million during the quarter, compared to the consensus estimate of $393.80 million. During the same period in the previous year, the firm posted $0.15 EPS. The company’s quarterly revenue was up 42.8% compared to the same quarter last year. Viavi Solutions has set its Q4 2026 guidance at 0.290-0.310 EPS. Sell-side analysts anticipate that Viavi Solutions will post 0.73 EPS for the current fiscal year.

About Viavi Solutions

Viavi Solutions Inc is a provider of network test, monitoring and assurance solutions for communications service providers, cable operators, enterprises and government agencies. The company offers an extensive portfolio of fiber optic and copper cable test and measurement instruments, wireless network testing equipment and network performance monitoring software. Its products are designed to support the deployment, maintenance and optimization of high-speed broadband, 5G wireless, data center and enterprise networks.

Viavi’s product offerings are organized into two primary segments: Network & Service Enablement and Optical Security & Performance.