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

Viavi Solutions Inc. (NASDAQ:VIAV) has earned an average rating of “Moderate Buy” from the nine research firms that are presently covering the company, MarketBeat reports. Three equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The average twelve-month price objective among analysts that have issued a report on the stock in the last year is $42.8750.

A number of equities research analysts have weighed in on VIAV shares. Susquehanna lifted their target price on Viavi Solutions from $65.00 to $66.00 and gave the stock a “positive” rating in a report on Wednesday, July 1st. B. Riley Financial increased their price target on Viavi Solutions from $26.00 to $53.00 and gave the stock a “buy” rating in a report on Friday, April 24th. UBS Group raised their price objective on shares of 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 shares of Viavi Solutions from a “sell (d-)” rating to a “hold (c-)” rating in a research note on Wednesday, May 13th. Finally, Rosenblatt Securities reiterated a “buy” rating and set a $70.00 target price on shares of Viavi Solutions in a research report on Wednesday, June 10th.

Insider Activity

In related news, 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 transaction, the senior vice president 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. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, SVP Luke M. Scrivanich sold 10,693 shares of the company’s stock in a transaction on Wednesday, May 6th. The stock was sold at an average price of $53.00, for a total value of $566,729.00. Following the sale, the senior vice president owned 39,287 shares of the company’s stock, valued at $2,082,211. This trade represents a 21.39% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 450,369 shares of company stock valued at $23,789,119. 1.80% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Viavi Solutions

A number of hedge funds have recently bought and sold shares of VIAV. Jefferies Financial Group Inc. purchased a new position in Viavi Solutions during the fourth quarter worth about $1,803,000. Phocas Financial Corp. bought a new stake in Viavi Solutions in the 4th quarter worth about $3,772,000. Jackson Creek Investment Advisors LLC purchased a new stake in Viavi Solutions in the 4th quarter valued at about $1,887,000. Tensor Edge Capital LLC purchased a new stake in Viavi Solutions in the 4th quarter valued at about $2,673,000. Finally, Fisher Asset Management LLC lifted its position in shares of Viavi Solutions by 14.2% during the 3rd quarter. Fisher Asset Management LLC now owns 469,354 shares of the communications equipment provider’s stock worth $5,956,000 after buying an additional 58,364 shares in the last quarter. 95.54% of the stock is owned by hedge funds and other institutional investors.

Viavi Solutions Stock Performance

Shares of Viavi Solutions stock opened at $40.70 on Friday. The business has a 50-day moving average price of $49.23 and a two-hundred day moving average price of $35.83. Viavi Solutions has a 1-year low of $9.61 and a 1-year high of $60.43. The company has a current ratio of 1.61, a quick ratio of 1.39 and a debt-to-equity ratio of 0.99. The company has a market cap of $9.52 billion, a P/E ratio of -169.58 and a beta of 1.18.

Viavi Solutions (NASDAQ:VIAV) last announced its quarterly earnings data on Wednesday, April 29th. The communications equipment provider reported $0.27 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 company had revenue of $406.80 million for the quarter, compared to the consensus estimate of $393.80 million. During the same period in the previous year, the business earned $0.15 EPS. The firm’s 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. As a group, analysts anticipate that Viavi Solutions will post 0.73 EPS for the current 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.