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

Shares of Viavi Solutions Inc. (NASDAQ:VIAV) have been given a consensus recommendation of “Moderate Buy” by the ten ratings firms that are currently covering the company, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and seven have issued a buy rating on the company. The average 12-month target price among analysts that have issued ratings on the stock in the last year is $16.8889.

Several brokerages recently weighed in on VIAV. Rosenblatt Securities boosted their target price on Viavi Solutions from $15.00 to $19.00 and gave the stock a “buy” rating in a research note on Thursday, October 30th. Argus raised their target price on Viavi Solutions from $16.00 to $23.00 and gave the company a “buy” rating in a research report on Wednesday, November 5th. Stifel Nicolaus reiterated a “buy” rating and issued a $15.00 price objective (up from $13.00) on shares of Viavi Solutions in a report on Monday, October 13th. UBS Group boosted their price target on shares of Viavi Solutions from $12.00 to $17.00 and gave the stock a “neutral” rating in a research report on Thursday, October 30th. Finally, Needham & Company LLC increased their price target on shares of Viavi Solutions from $16.00 to $20.00 and gave the company a “buy” rating in a research note on Thursday, October 30th.

Viavi Solutions Trading Down 0.7%

NASDAQ VIAV opened at $17.88 on Tuesday. Viavi Solutions has a 12 month low of $8.10 and a 12 month high of $19.75. The company has a current ratio of 1.99, a quick ratio of 1.74 and a debt-to-equity ratio of 0.88. The company’s 50-day moving average price is $16.07 and its 200-day moving average price is $12.60. The stock has a market cap of $3.99 billion, a PE ratio of 255.43 and a beta of 0.96.

Viavi Solutions (NASDAQ:VIAV) last released its quarterly earnings data on Wednesday, October 29th. The communications equipment provider reported $0.15 earnings per share for the quarter, beating the consensus estimate of $0.13 by $0.02. The firm had revenue of $299.10 million during the quarter, compared to the consensus estimate of $294.35 million. Viavi Solutions had a return on equity of 10.70% and a net margin of 1.33%.The firm’s quarterly revenue was up 25.6% on a year-over-year basis. During the same period in the previous year, the company posted $0.06 earnings per share. Viavi Solutions has set its Q2 2026 guidance at 0.180-0.200 EPS. Equities research analysts forecast that Viavi Solutions will post 0.26 earnings per share for the current year.

Insider Activity at Viavi Solutions

In other Viavi Solutions news, CEO Oleg Khaykin sold 85,836 shares of the business’s stock in a transaction on Monday, December 1st. The shares were sold at an average price of $17.63, for a total value of $1,513,288.68. Following the completion of the transaction, the chief executive officer owned 2,025,005 shares in the company, valued at $35,700,838.15. The trade was a 4.07% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, Director Keith Barnes sold 121,467 shares of Viavi Solutions stock in a transaction dated Monday, November 10th. The shares were sold at an average price of $18.18, for a total value of $2,208,270.06. Following the completion of the transaction, the director owned 27,213 shares of the company’s stock, valued at $494,732.34. The trade was a 81.70% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 633,527 shares of company stock valued at $11,050,931 over the last ninety days. 1.80% of the stock is owned by insiders.

Institutional Trading of Viavi Solutions

Institutional investors and hedge funds have recently made changes to their positions in the company. Capital World Investors boosted its stake in shares of Viavi Solutions by 3.5% during the third quarter. Capital World Investors now owns 14,955,454 shares of the communications equipment provider’s stock worth $189,785,000 after buying an additional 500,000 shares during the period. T. Rowe Price Investment Management Inc. increased its position in Viavi Solutions by 0.3% during the first quarter. T. Rowe Price Investment Management Inc. now owns 10,560,567 shares of the communications equipment provider’s stock worth $118,173,000 after buying an additional 36,172 shares in the last quarter. Schroder Investment Management Group raised its stake in Viavi Solutions by 16.6% in the 2nd quarter. Schroder Investment Management Group now owns 8,213,451 shares of the communications equipment provider’s stock valued at $82,709,000 after purchasing an additional 1,166,547 shares during the last quarter. Dimensional Fund Advisors LP lifted its stake in shares of Viavi Solutions by 3.5% during the third quarter. Dimensional Fund Advisors LP now owns 6,846,226 shares of the communications equipment provider’s stock valued at $86,875,000 after buying an additional 231,570 shares during the period. Finally, Arrowstreet Capital Limited Partnership increased its position in Viavi Solutions by 431.1% during the third quarter. Arrowstreet Capital Limited Partnership now owns 6,639,682 shares of the communications equipment provider’s stock worth $84,258,000 after purchasing an additional 5,389,435 shares during the last quarter. 95.54% of the stock is owned by hedge funds and other institutional investors.

About Viavi Solutions

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.