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

Shares of Viavi Solutions Inc. (NASDAQ:VIAV) have received an average recommendation of “Moderate Buy” from the ten analysts that are covering the firm, MarketBeat reports. One analyst has rated the stock with a sell recommendation, two have given a hold recommendation and seven have issued a buy recommendation on the company. The average twelve-month target price among brokers that have issued a report on the stock in the last year is $17.4444.

Several research firms have recently weighed in on VIAV. Needham & Company LLC lifted their price objective on Viavi Solutions from $16.00 to $20.00 and gave the stock a “buy” rating in a research report on Thursday, October 30th. Stifel Nicolaus raised their target price on Viavi Solutions from $18.00 to $20.00 and gave the stock a “buy” rating in a research note on Wednesday, December 17th. Argus boosted their price target on Viavi Solutions from $16.00 to $23.00 and gave the company a “buy” rating in a research note on Wednesday, November 5th. Wall Street Zen upgraded Viavi Solutions from a “buy” rating to a “strong-buy” rating in a report on Saturday. Finally, Weiss Ratings reiterated a “sell (d)” rating on shares of Viavi Solutions in a research note on Monday, December 29th.

Viavi Solutions Trading Up 3.9%

NASDAQ:VIAV opened at $17.78 on Friday. Viavi Solutions has a 52 week low of $8.10 and a 52 week high of $19.75. The company has a debt-to-equity ratio of 0.88, a quick ratio of 1.74 and a current ratio of 1.99. The firm’s fifty day moving average is $17.72 and its 200-day moving average is $13.69. The firm has a market cap of $3.97 billion, a P/E ratio of 254.00 and a beta of 0.94.

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

Insiders Place Their Bets

In other news, Director Eugenia Corrales sold 3,384 shares of the stock in a transaction dated Wednesday, December 10th. The shares were sold at an average price of $18.76, for a total transaction of $63,483.84. Following the transaction, the director owned 3,384 shares of the company’s stock, valued at $63,483.84. This represents a 50.00% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Ilan Daskal sold 170,000 shares of the business’s stock in a transaction dated Tuesday, December 2nd. The shares were sold at an average price of $17.49, for a total value of $2,973,300.00. Following the completion of the sale, the executive vice president directly owned 10,132 shares of the company’s stock, valued at $177,208.68. The trade was a 94.38% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 606,226 shares of company stock valued at $10,714,820. 1.80% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Viavi Solutions

A number of hedge funds have recently added to or reduced their stakes in the company. GAMMA Investing LLC increased its holdings in shares of Viavi Solutions by 33.6% during the third quarter. GAMMA Investing LLC now owns 3,278 shares of the communications equipment provider’s stock valued at $42,000 after acquiring an additional 825 shares in the last quarter. Johnson Financial Group Inc. acquired a new stake in Viavi Solutions in the 3rd quarter valued at $44,000. Covestor Ltd grew its position in Viavi Solutions by 22.9% in the 3rd quarter. Covestor Ltd now owns 3,631 shares of the communications equipment provider’s stock valued at $46,000 after purchasing an additional 676 shares during the period. Nisa Investment Advisors LLC increased its stake in 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 valued at $47,000 after purchasing an additional 898 shares in the last quarter. Finally, Family Legacy Financial Solutions LLC acquired a new position in Viavi Solutions during the second quarter worth $43,000. Institutional investors and hedge funds own 95.54% of the company’s stock.

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.