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

Viavi Solutions Inc. (NASDAQ:VIAV) has earned a consensus recommendation of “Moderate Buy” from the ten ratings firms that are currently covering the company, Marketbeat.com reports. Four investment analysts have rated the stock with a hold rating and six have given a buy rating to the company. The average 12-month price target among brokerages that have issued ratings on the stock in the last year is $13.50.

A number of equities analysts have commented on VIAV shares. UBS Group boosted their price target on shares of Viavi Solutions from $11.00 to $12.00 and gave the stock a “neutral” rating in a research note on Friday, August 8th. Rosenblatt Securities reissued a “buy” rating and issued a $13.50 price target on shares of Viavi Solutions in a research note on Friday, June 20th. Morgan Stanley raised shares of Viavi Solutions from an “underweight” rating to an “equal weight” rating and set a $11.00 price target for the company in a research note on Tuesday, September 2nd. Weiss Ratings restated a “hold (c-)” rating on shares of Viavi Solutions in a report on Saturday, September 27th. Finally, Susquehanna upgraded shares of Viavi Solutions from a “neutral” rating to a “positive” rating and set a $15.00 price objective for the company in a report on Friday, August 8th.

Insider Transactions at Viavi Solutions

In other news, Director Richard Belluzzo sold 8,387 shares of the business’s stock in a transaction that occurred on Wednesday, October 1st. The shares were sold at an average price of $12.63, for a total value of $105,927.81. Following the completion of the sale, the director directly owned 217,154 shares in the company, valued at approximately $2,742,655.02. The trade was a 3.72% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, SVP Kevin Christopher Siebert sold 9,927 shares of the business’s stock in a transaction that occurred on Thursday, September 25th. The stock was sold at an average price of $12.17, for a total transaction of $120,811.59. Following the completion of the sale, the senior vice president owned 84,598 shares of the company’s stock, valued at approximately $1,029,557.66. The trade was a 10.50% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 73,789 shares of company stock worth $857,189. 1.52% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Viavi Solutions

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. GAMMA Investing LLC raised its holdings 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 valued at $42,000 after buying an additional 825 shares during the last quarter. Family Legacy Financial Solutions LLC bought a new stake in Viavi Solutions during the 2nd quarter valued at $43,000. USA Financial Formulas bought a new stake in Viavi Solutions during the 1st quarter valued at $53,000. AlphaQuest LLC bought a new stake in Viavi Solutions during the 1st quarter valued at $55,000. Finally, First Horizon Advisors Inc. raised its holdings in Viavi Solutions by 29.1% during the 1st quarter. First Horizon Advisors Inc. now owns 5,046 shares of the communications equipment provider’s stock valued at $56,000 after buying an additional 1,138 shares during the last quarter. 95.54% of the stock is currently owned by institutional investors.

Viavi Solutions Price Performance

VIAV stock opened at $12.78 on Thursday. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.50 and a quick ratio of 1.30. Viavi Solutions has a one year low of $8.10 and a one year high of $13.00. The stock has a market cap of $2.85 billion, a PE ratio of 79.88 and a beta of 0.90. The firm has a 50 day simple moving average of $11.43 and a two-hundred day simple moving average of $10.44.

Viavi Solutions (NASDAQ:VIAV) last released its quarterly earnings results on Thursday, August 7th. The communications equipment provider reported $0.13 EPS for the quarter, topping analysts’ consensus estimates of $0.12 by $0.01. Viavi Solutions had a net margin of 3.21% and a return on equity of 8.02%. The business had revenue of $290.50 million during the quarter, compared to analysts’ expectations of $285.19 million. During the same quarter in the previous year, the company earned $0.08 EPS. The business’s quarterly revenue was up 15.3% compared to the same quarter last year. Viavi Solutions has set its Q1 2026 guidance at 0.130-0.14 EPS. On average, analysts predict that Viavi Solutions will post 0.26 EPS for the current fiscal year.

Viavi Solutions Company Profile

Viavi Solutions, Inc engages in the provision of network test, monitoring, and assurance solutions for communications service providers, enterprises, network equipment manufacturers, government and avionics. It operates through the following segments: Network Enablement, Service Enablement, and Optical Security and Performance.