Viavi Solutions (NASDAQ:VIAV) Downgraded to “Buy” Rating by Wall Street Zen

Viavi Solutions (NASDAQ:VIAV) was downgraded by equities researchers at Wall Street Zen from a “strong-buy” rating to a “buy” rating in a note issued to investors on Sunday.

Several other research analysts have also commented on the stock. UBS Group boosted their price objective on shares of Viavi Solutions from $12.00 to $17.00 and gave the stock a “neutral” rating in a research note on Thursday, October 30th. Rosenblatt Securities increased their price objective on Viavi Solutions from $15.00 to $19.00 and gave the company a “buy” rating in a report on Thursday, October 30th. Stifel Nicolaus boosted 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. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Viavi Solutions in a research report on Monday, December 29th. Finally, B. Riley raised Viavi Solutions from a “neutral” rating to a “buy” rating and set a $18.00 price target for the company in a report on Thursday, October 30th. Seven investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $17.44.

Viavi Solutions Trading Down 1.3%

Shares of NASDAQ VIAV opened at $18.60 on Friday. The company has a debt-to-equity ratio of 0.88, a current ratio of 1.99 and a quick ratio of 1.74. The stock has a market capitalization of $4.15 billion, a P/E ratio of 265.71 and a beta of 0.94. Viavi Solutions has a 1-year low of $8.10 and a 1-year high of $19.75. The business has a fifty day moving average price of $17.80 and a 200 day moving average price of $14.00.

Viavi Solutions (NASDAQ:VIAV) last posted its earnings results on Wednesday, October 29th. The communications equipment provider reported $0.15 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.13 by $0.02. The company had revenue of $299.10 million for the quarter, compared to analyst estimates 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% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.06 earnings per share. Viavi Solutions has set its Q2 2026 guidance at 0.180-0.200 EPS. Equities research analysts expect that Viavi Solutions will post 0.26 EPS for the current fiscal year.

Insider Activity

In other Viavi Solutions news, Director Donald A. Colvin sold 40,000 shares of the company’s stock in a transaction dated Tuesday, November 4th. The shares were sold at an average price of $17.09, for a total value of $683,600.00. Following the completion of the transaction, the director owned 148,524 shares in the company, valued at approximately $2,538,275.16. This represents a 21.22% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Keith Barnes sold 121,467 shares of the stock in a transaction dated Monday, November 10th. The stock was sold at an average price of $18.18, for a total transaction of $2,208,270.06. Following the sale, the director directly owned 27,213 shares in the company, valued at approximately $494,732.34. The trade was a 81.70% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 606,226 shares of company stock worth $10,714,820. 1.80% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Viavi Solutions

A number of large investors have recently bought and sold shares of the business. GAMMA Investing LLC boosted its position in Viavi Solutions by 33.6% during the third quarter. GAMMA Investing LLC now owns 3,278 shares of the communications equipment provider’s stock worth $42,000 after purchasing an additional 825 shares in the last quarter. Johnson Financial Group Inc. acquired a new position in shares of Viavi Solutions during the 3rd quarter worth approximately $44,000. Covestor Ltd lifted its position in shares of Viavi Solutions by 22.9% during the 3rd quarter. Covestor Ltd now owns 3,631 shares of the communications equipment provider’s stock valued at $46,000 after buying an additional 676 shares in the last quarter. Nisa Investment Advisors LLC grew its stake in Viavi Solutions by 32.0% in the 3rd quarter. Nisa Investment Advisors LLC now owns 3,707 shares of the communications equipment provider’s stock valued at $47,000 after acquiring an additional 898 shares during the period. Finally, Park Avenue Securities LLC purchased a new stake in Viavi Solutions in the 2nd quarter worth $109,000. Institutional investors and hedge funds 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.