Viavi Solutions Inc. (NASDAQ:VIAV) Receives Consensus Recommendation of “Moderate Buy” from Brokerages

Shares of Viavi Solutions Inc. (NASDAQ:VIAV) have been assigned a consensus rating of “Moderate Buy” from the nine brokerages that are currently covering the company, MarketBeat.com reports. One investment analyst has rated the stock with a sell rating, two have given a hold rating and six have issued a buy rating on the company. The average 1-year price target among analysts that have covered the stock in the last year is $22.1250.

VIAV has been the topic of a number of research reports. Needham & Company LLC boosted their target price on shares of Viavi Solutions from $24.00 to $28.00 and gave the stock a “buy” rating in a research report on Thursday, January 29th. Rosenblatt Securities set a $27.00 target price on shares of Viavi Solutions in a research note on Thursday, January 29th. Stifel Nicolaus boosted their price target on Viavi Solutions from $20.00 to $24.00 and gave the company a “buy” rating in a research note on Thursday, January 29th. Weiss Ratings reiterated a “sell (d)” rating on shares of Viavi Solutions in a research report on Monday, December 29th. Finally, Argus boosted their price objective on Viavi Solutions from $16.00 to $23.00 and gave the company a “buy” rating in a research report on Wednesday, November 5th.

Viavi Solutions Trading Down 0.6%

Viavi Solutions stock opened at $29.71 on Friday. Viavi Solutions has a 52 week low of $8.10 and a 52 week high of $31.42. The company has a debt-to-equity ratio of 1.46, a quick ratio of 2.32 and a current ratio of 2.61. The firm has a market capitalization of $6.87 billion, a PE ratio of -165.05 and a beta of 0.96. The business’s 50-day simple moving average is $22.20 and its 200-day simple 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. The firm had revenue of $369.30 million for the quarter, compared to analyst estimates of $365.25 million. Viavi Solutions had a positive return on equity of 13.03% and a negative net margin of 3.38%.The company’s revenue was up 36.4% on a year-over-year basis. During the same quarter last year, the firm posted $0.13 EPS. Viavi Solutions has set its Q3 2026 guidance at 0.220-4.000 EPS. Equities research analysts forecast that Viavi Solutions will post 0.26 earnings per share for the current year.

Insider Buying and Selling at Viavi Solutions

In other Viavi Solutions news, EVP Ilan Daskal sold 170,000 shares of the firm’s stock in a transaction dated Tuesday, December 2nd. The shares were sold at an average price of $17.49, for a total transaction of $2,973,300.00. Following the completion of the transaction, the executive vice president owned 10,132 shares in the company, valued at $177,208.68. This trade represents a 94.38% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, SVP Kevin Christopher Siebert sold 24,225 shares of the company’s stock in a transaction that occurred on Monday, December 8th. The shares were sold at an average price of $18.26, for a total value of $442,348.50. Following the completion of the sale, the senior vice president owned 49,225 shares in the company, valued at approximately $898,848.50. This represents a 32.98% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 830,596 shares of company stock worth $18,646,027. Corporate insiders own 1.80% of the company’s stock.

Institutional Trading of Viavi Solutions

Institutional investors have recently bought and sold shares of the stock. Arrowstreet Capital Limited Partnership lifted its holdings in Viavi Solutions by 431.1% during the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 6,639,682 shares of the communications equipment provider’s stock valued at $84,258,000 after purchasing an additional 5,389,435 shares during the last quarter. Invesco Ltd. increased its holdings in shares of Viavi Solutions by 116.0% during the fourth quarter. Invesco Ltd. now owns 3,809,513 shares of the communications equipment provider’s stock worth $67,886,000 after buying an additional 2,045,702 shares in the last quarter. Marshall Wace LLP raised its stake in shares of Viavi Solutions by 1,011.9% in the fourth quarter. Marshall Wace LLP now owns 2,187,600 shares of the communications equipment provider’s stock valued at $38,983,000 after acquiring an additional 1,990,848 shares during the last quarter. Bowen Hanes & Co. Inc. acquired a new position in shares of Viavi Solutions in the 4th quarter worth approximately $33,323,000. Finally, Aberdeen Group plc bought a new stake in Viavi Solutions during the 3rd quarter worth approximately $20,110,000. 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.