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

Viavi Solutions (NASDAQ:VIAV) was downgraded by equities researchers at Wall Street Zen from a “strong-buy” rating to a “buy” rating in a research note issued to investors on Saturday.

A number of other research analysts have also commented on VIAV. Stifel Nicolaus upped their price objective on Viavi Solutions from $18.00 to $20.00 and gave the company a “buy” rating in a report on Wednesday. Weiss Ratings reissued a “sell (d)” rating on shares of Viavi Solutions in a research report on Monday, December 15th. B. Riley raised shares of Viavi Solutions from a “neutral” rating to a “buy” rating and set a $18.00 price target on the stock in a research report on Thursday, October 30th. Argus lifted their price objective on shares of Viavi Solutions from $16.00 to $23.00 and gave the stock a “buy” rating in a research note on Wednesday, November 5th. Finally, Morgan Stanley raised shares of Viavi Solutions from an “underweight” rating to an “equal weight” rating and set a $11.00 price objective for the company in a report on Tuesday, September 2nd. Seven analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $17.44.

Viavi Solutions Stock Up 3.6%

Shares of VIAV opened at $18.02 on Friday. The firm has a market cap of $4.02 billion, a P/E ratio of 257.43 and a beta of 0.96. The company has a debt-to-equity ratio of 0.88, a quick ratio of 1.74 and a current ratio of 1.99. Viavi Solutions has a 52 week low of $8.10 and a 52 week high of $19.75. The firm’s 50-day simple moving average is $16.46 and its 200 day simple moving average is $12.83.

Viavi Solutions (NASDAQ:VIAV) last issued its quarterly earnings data on Wednesday, October 29th. The communications equipment provider reported $0.15 earnings per share (EPS) 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 firm had revenue of $299.10 million during the quarter, compared to the consensus estimate of $294.35 million. During the same period last year, the business posted $0.06 earnings per share. The business’s revenue for the quarter 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. On average, analysts forecast that Viavi Solutions will post 0.26 earnings per share for the current year.

Insiders Place Their Bets

In other Viavi Solutions news, SVP Kevin Christopher Siebert sold 24,225 shares of the business’s stock in a transaction dated Monday, December 8th. The stock was sold at an average price of $18.26, for a total transaction of $442,348.50. Following the completion of the transaction, the senior vice president owned 49,225 shares of the company’s stock, valued at approximately $898,848.50. The trade was a 32.98% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Ilan Daskal sold 170,000 shares of the stock in a transaction dated 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 directly owned 10,132 shares of the company’s stock, valued at $177,208.68. This trade represents a 94.38% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 633,527 shares of company stock valued at $11,050,931 over the last ninety days. 1.80% of the stock is owned by insiders.

Institutional Trading of Viavi Solutions

Hedge funds have recently added to or reduced their stakes in the stock. AIA Group Ltd bought a new stake in shares of Viavi Solutions during the third quarter worth $1,442,000. Swiss Life Asset Management Ltd bought a new position in shares of Viavi Solutions in the 3rd quarter valued at $133,000. CIBC Bancorp USA Inc. acquired a new stake in shares of Viavi Solutions during the 3rd quarter valued at $300,000. Hancock Whitney Corp bought a new stake in Viavi Solutions during the 3rd quarter worth $320,000. Finally, Caxton Associates LLP bought a new stake in Viavi Solutions during the 3rd quarter worth $299,000. 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.