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

Shares of Viavi Solutions Inc. (NASDAQ:VIAV) have earned an average rating of “Moderate Buy” from the nine analysts that are presently covering the company, MarketBeat.com reports. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and six have given a buy rating to the company. The average 12 month price objective among brokers that have issued a report on the stock in the last year is $25.00.

Several research firms have issued reports on VIAV. Rosenblatt Securities upped their price target on Viavi Solutions from $27.00 to $42.00 and gave the company a “buy” rating in a report on Wednesday, March 18th. Wall Street Zen cut Viavi Solutions from a “buy” rating to a “hold” rating in a report on Saturday, March 7th. Susquehanna boosted their target price on Viavi Solutions from $18.00 to $25.00 and gave the stock a “positive” rating in a research report on Thursday, January 29th. Needham & Company LLC upped their target price on Viavi Solutions from $28.00 to $36.00 and gave the company a “buy” rating in a report on Monday, March 2nd. Finally, B. Riley Financial increased their price target on Viavi Solutions from $18.00 to $22.00 and gave the company a “buy” rating in a research report on Monday, January 26th.

Viavi Solutions Stock Performance

Shares of VIAV opened at $37.27 on Thursday. The company has a debt-to-equity ratio of 1.46, a current ratio of 2.61 and a quick ratio of 2.32. The firm’s 50 day moving average is $27.22 and its 200-day moving average is $19.71. Viavi Solutions has a 12-month low of $8.10 and a 12-month high of $38.08. The stock has a market capitalization of $8.62 billion, a P/E ratio of -207.04 and a beta of 0.92.

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

Insider Activity at Viavi Solutions

In other Viavi Solutions news, SVP Kevin Christopher Siebert sold 7,264 shares of the firm’s stock in a transaction dated Monday, March 2nd. The shares were sold at an average price of $34.78, for a total value of $252,641.92. Following the completion of the transaction, the senior vice president directly owned 28,384 shares in the company, valued at $987,195.52. This trade represents a 20.38% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, EVP Paul Mcnab sold 3,551 shares of Viavi Solutions stock in a transaction that occurred on Monday, March 2nd. The stock was sold at an average price of $32.89, for a total transaction of $116,792.39. Following the completion of the transaction, the executive vice president directly owned 18,198 shares in the company, valued at approximately $598,532.22. This trade represents a 16.33% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 485,772 shares of company stock valued at $12,736,803. Corporate insiders own 1.80% of the company’s stock.

Hedge Funds Weigh In On Viavi Solutions

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Corient Private Wealth LLC raised its position in Viavi Solutions by 3.6% during the fourth quarter. Corient Private Wealth LLC now owns 11,400 shares of the communications equipment provider’s stock valued at $204,000 after buying an additional 394 shares during the period. Lido Advisors LLC boosted its position in Viavi Solutions by 2.0% during the 4th quarter. Lido Advisors LLC now owns 24,555 shares of the communications equipment provider’s stock worth $438,000 after acquiring an additional 473 shares during the period. Maryland State Retirement & Pension System grew its stake in Viavi Solutions by 1.5% during the 4th quarter. Maryland State Retirement & Pension System now owns 32,572 shares of the communications equipment provider’s stock valued at $580,000 after acquiring an additional 478 shares in the last quarter. Covestor Ltd grew its stake in 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 acquiring an additional 676 shares in the last quarter. Finally, Oregon Public Employees Retirement Fund increased its holdings in shares of Viavi Solutions by 1.6% in the 4th quarter. Oregon Public Employees Retirement Fund now owns 51,094 shares of the communications equipment provider’s stock valued at $910,000 after purchasing an additional 800 shares during the period. 95.54% of the stock is currently owned by hedge funds and other institutional investors.

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.