Viavi Solutions (NASDAQ:VIAV) Updates Q2 Earnings Guidance
by Doug Wharley · The Cerbat GemViavi Solutions (NASDAQ:VIAV – Get Free Report) issued an update on its second quarter earnings guidance on Thursday morning. The company provided EPS guidance of $0.09 to $0.11 for the period, compared to the consensus EPS estimate of $0.08. The company issued revenue guidance of $255 million to $265 million, compared to the consensus revenue estimate of $248.60 million. Viavi Solutions also updated its Q2 2025 guidance to 0.090-0.110 EPS.
Viavi Solutions Trading Up 6.9 %
NASDAQ VIAV traded up $0.64 during mid-day trading on Friday, hitting $9.86. The company’s stock had a trading volume of 5,240,542 shares, compared to its average volume of 1,413,873. The firm has a market capitalization of $2.19 billion, a P/E ratio of -58.00 and a beta of 0.90. The company has a debt-to-equity ratio of 0.93, a current ratio of 3.55 and a quick ratio of 3.16. Viavi Solutions has a 52-week low of $6.60 and a 52-week high of $11.32. The stock’s fifty day simple moving average is $8.81 and its two-hundred day simple moving average is $8.01.
Viavi Solutions (NASDAQ:VIAV – Get Free Report) last issued its earnings results on Thursday, October 31st. The communications equipment provider reported $0.06 EPS for the quarter, meeting analysts’ consensus estimates of $0.06. Viavi Solutions had a negative net margin of 3.78% and a positive return on equity of 2.21%. The business had revenue of $238.20 million for the quarter, compared to the consensus estimate of $240.09 million. During the same quarter last year, the firm posted $0.05 EPS. The business’s revenue for the quarter was down 3.9% compared to the same quarter last year. Research analysts expect that Viavi Solutions will post 0.17 EPS for the current year.
Analysts Set New Price Targets
A number of equities research analysts recently weighed in on the stock. StockNews.com raised shares of Viavi Solutions from a “hold” rating to a “buy” rating in a report on Tuesday, September 10th. Northland Securities raised their price objective on Viavi Solutions from $11.00 to $13.00 and gave the company an “outperform” rating in a research note on Friday. B. Riley cut their target price on Viavi Solutions from $9.00 to $8.50 and set a “neutral” rating on the stock in a research report on Friday, August 9th. Rosenblatt Securities raised their price target on shares of Viavi Solutions from $8.25 to $10.50 and gave the stock a “neutral” rating in a research report on Friday. Finally, Stifel Nicolaus cut their price target on shares of Viavi Solutions from $13.00 to $10.50 and set a “buy” rating on the stock in a report on Tuesday, August 6th. Five equities research analysts have rated the stock with a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, Viavi Solutions presently has an average rating of “Moderate Buy” and a consensus price target of $10.42.
View Our Latest Report on VIAV
Insider Activity at Viavi Solutions
In other news, EVP Paul Mcnab sold 7,324 shares of the firm’s stock in a transaction dated Tuesday, August 13th. The shares were sold at an average price of $7.52, for a total value of $55,076.48. Following the transaction, the executive vice president now directly owns 35,631 shares in the company, valued at approximately $267,945.12. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. In related news, SVP Kevin Christopher Siebert sold 8,432 shares of the stock in a transaction dated Thursday, August 29th. The shares were sold at an average price of $8.63, for a total value of $72,768.16. Following the sale, the senior vice president now owns 56,617 shares of the company’s stock, valued at $488,604.71. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Paul Mcnab sold 7,324 shares of the business’s stock in a transaction that occurred on Tuesday, August 13th. The stock was sold at an average price of $7.52, for a total value of $55,076.48. Following the transaction, the executive vice president now owns 35,631 shares of the company’s stock, valued at approximately $267,945.12. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 85,976 shares of company stock valued at $720,562. Corporate insiders own 1.52% of the company’s stock.
Viavi Solutions Company Profile
Viavi Solutions Inc provides network test, monitoring, and assurance solutions for communications service providers, hyperscalers, network equipment manufacturers, original equipment manufacturers, government, and avionics customers in the Americas, the Asia-Pacific, Europe, the Middle East, and Africa.
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