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

Shares of Viavi Solutions Inc. (NASDAQ:VIAV) have been assigned an average rating of “Moderate Buy” from the nine ratings firms that are presently covering the firm, MarketBeat reports. One analyst has rated the stock with a sell rating, two have issued a hold rating and six have issued a buy rating on the company. The average twelve-month price target among analysts that have updated their coverage on the stock in the last year is $22.1250.

A number of equities research analysts have commented on the company. B. Riley Financial raised their price objective on Viavi Solutions from $18.00 to $22.00 and gave the stock a “buy” rating in a research report on Monday, January 26th. Stifel Nicolaus increased their price target on shares of Viavi Solutions from $20.00 to $24.00 and gave the stock a “buy” rating in a research report on Thursday, January 29th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Viavi Solutions in a research report on Monday, December 29th. Wall Street Zen downgraded shares of Viavi Solutions from a “strong-buy” rating to a “buy” rating in a research report on Sunday, January 18th. Finally, Rosenblatt Securities set a $27.00 target price on shares of Viavi Solutions in a research note on Thursday, January 29th.

Viavi Solutions Stock Down 0.6%

Shares of Viavi Solutions stock opened at $29.71 on Friday. The company has a quick ratio of 2.32, a current ratio of 2.61 and a debt-to-equity ratio of 1.46. Viavi Solutions has a 12-month low of $8.10 and a 12-month high of $31.42. The firm has a market capitalization of $6.87 billion, a PE ratio of -165.05 and a beta of 0.96. The stock’s fifty day moving average is $22.20 and its 200-day moving average is $17.08.

Viavi Solutions (NASDAQ:VIAV) last released its earnings results on Wednesday, January 28th. The communications equipment provider reported $0.22 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.19 by $0.03. Viavi Solutions had a positive return on equity of 13.03% and a negative net margin of 3.38%.The company had revenue of $369.30 million during the quarter, compared to analyst estimates of $365.25 million. During the same quarter in the prior year, the company earned $0.13 earnings per share. The company’s revenue for the quarter was up 36.4% on a year-over-year basis. Viavi Solutions has set its Q3 2026 guidance at 0.220-4.000 EPS. Equities analysts anticipate that Viavi Solutions will post 0.26 earnings per share for the current year.

Insider Transactions at Viavi Solutions

In other Viavi Solutions news, SVP Gary W. Staley sold 24,237 shares of the company’s stock in a transaction dated Thursday, February 5th. The stock was sold at an average price of $23.93, for a total value of $579,991.41. Following the transaction, the senior vice president directly owned 136,267 shares of the company’s stock, valued at $3,260,869.31. This represents a 15.10% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, SVP Kevin Christopher Siebert sold 24,225 shares of Viavi Solutions stock in a transaction that occurred on Monday, December 8th. The shares were sold at an average price of $18.26, for a total transaction of $442,348.50. Following the completion of the sale, the senior vice president owned 49,225 shares of the company’s stock, valued at $898,848.50. This trade represents a 32.98% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 830,596 shares of company stock worth $18,646,027. 1.80% of the stock is owned by company insiders.

Institutional Trading of Viavi Solutions

Several large investors have recently made changes to their positions in VIAV. State of Wyoming bought a new position in shares of Viavi Solutions in the 4th quarter valued at approximately $34,000. GAMMA Investing LLC raised its position in shares of Viavi Solutions by 33.6% in the third quarter. GAMMA Investing LLC now owns 3,278 shares of the communications equipment provider’s stock valued at $42,000 after purchasing an additional 825 shares during the period. Johnson Financial Group Inc. acquired a new stake in shares of Viavi Solutions in the third quarter worth $44,000. Covestor Ltd lifted its stake in shares of Viavi Solutions by 22.9% in the third quarter. Covestor Ltd now owns 3,631 shares of the communications equipment provider’s stock worth $46,000 after buying an additional 676 shares during the last quarter. Finally, Nisa Investment Advisors LLC boosted its holdings in shares of Viavi Solutions by 32.0% during the 3rd quarter. Nisa Investment Advisors LLC now owns 3,707 shares of the communications equipment provider’s stock worth $47,000 after buying an additional 898 shares during the period. Institutional investors own 95.54% of the company’s stock.

Viavi Solutions Company Profile

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.