Viavi Solutions (NASDAQ:VIAV) Stock Rating Upgraded by Wall Street Zen

by · The Markets Daily

Viavi Solutions (NASDAQ:VIAV – Get Free Report) was upgraded by investment analysts at Wall Street Zen from a “buy” rating to a “strong-buy” rating in a report released on Saturday.

A number of other analysts have also recently commented on the stock. Needham & Company LLC upped their price objective on shares of Viavi Solutions from $16.00 to $20.00 and gave the company a “buy” rating in a research report on Thursday, October 30th. Stifel Nicolaus boosted their target price on Viavi Solutions from $18.00 to $20.00 and gave the company a “buy” rating in a research note on Wednesday, December 17th. Argus increased their price target on Viavi Solutions from $16.00 to $23.00 and gave the stock a “buy” rating in a report on Wednesday, November 5th. UBS Group raised their price target on Viavi Solutions from $12.00 to $17.00 and gave the stock a “neutral” rating in a research report on Thursday, October 30th. Finally, B. Riley upgraded Viavi Solutions from a “neutral” rating to a “buy” rating and set a $18.00 price objective for the company in a research report on Thursday, October 30th. Seven investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $17.44.

Get Our Latest Stock Analysis on VIAV

Viavi Solutions Stock Performance

Shares of VIAV stock opened at $17.78 on Friday. The stock has a market cap of $3.97 billion, a PE ratio of 254.00 and a beta of 0.94. The stock has a 50-day moving average of $17.72 and a 200-day moving average of $13.74. The company has a debt-to-equity ratio of 0.88, a current ratio of 1.99 and a quick ratio of 1.74. Viavi Solutions has a one year low of $8.10 and a one year high of $19.75.

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

Insider Transactions at Viavi Solutions

In other Viavi Solutions news, EVP Ilan Daskal sold 170,000 shares of the company’s stock in a transaction that occurred on Tuesday, December 2nd. The stock was 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 of the company’s stock, valued at $177,208.68. This represents a 94.38% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Oleg Khaykin sold 68,810 shares of the firm’s stock in a transaction that occurred on Tuesday, December 2nd. The stock was sold at an average price of $17.77, for a total transaction of $1,222,753.70. Following the transaction, the chief executive officer directly owned 1,956,195 shares of the company’s stock, valued at $34,761,585.15. This represents a 3.40% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 606,226 shares of company stock worth $10,714,820. Corporate insiders own 1.80% of the company’s stock.

Institutional Investors Weigh In On Viavi Solutions

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. GAMMA Investing LLC lifted its position in Viavi Solutions by 33.6% during the 3rd quarter. GAMMA Investing LLC now owns 3,278 shares of the communications equipment provider’s stock worth $42,000 after buying an additional 825 shares in the last quarter. Johnson Financial Group Inc. acquired a new stake in shares of Viavi Solutions in the third quarter valued at about $44,000. Covestor Ltd raised its holdings in Viavi Solutions by 22.9% during the third quarter. Covestor Ltd now owns 3,631 shares of the communications equipment provider’s stock worth $46,000 after acquiring an additional 676 shares in the last quarter. Nisa Investment Advisors LLC boosted its position in Viavi Solutions by 32.0% during the third 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 during the last quarter. Finally, Family Legacy Financial Solutions LLC acquired a new position in Viavi Solutions during the second quarter valued at approximately $43,000. 95.54% of the stock is currently owned by institutional investors and hedge funds.

About Viavi Solutions

(Get Free Report)

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.

See Also