8 Analysts reported that the Price Target for Viavi Solutions Inc. might touch $17.2 high while the Average Price Target and Low price Target is $10.56 and $8.25 respectively.
11/07/2016 - Viavi had its "hold" rating reiterated by analysts at Needham & Company.
Several brokerages have recently weighed in on VIAV. TheStreet upgraded Viavi Solutions from a c+ rating to a b- rating in a research report on Thursday, March 2nd. (VIAV) where Rosenblatt provided Buy rating on the stock on 14-Mar-17. The share price of $32.44 is at a distance of 39.53 percent from its 52-week low and down -9 percent versus its peak. (VIAV) where 0 analyst have rated the stock as Strong Buy, 0 analysts said it's a Buy, 0 rated the stock as Hold, 0 analysts reported Underperform and 0 analysts gave their recommendations as Sell. The share price of the stock surged 107.63% for the year. (NASDAQ:VIAV) recently as well.
Viavi Solutions' market cap is now $2.23B and has a P/E ratio of 25.37. Viavi Solutions has a 52-week low of $5.93 and a 52-week high of $10.89.
Viavi has a 50 day moving average of 9.96 and a 200 day moving average of 8.39.
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Longs fell 8.9 percent to the lowest level since early January, and shorts doubled from the prior week to the highest since November.
Looking forward, the company is expected to report earnings of $0.09 per share for the current quarter.
For the current quarter, the highest estimate analysts provided is 202.3 Million and the lowest is 195.8 Million. Viavi Solutions had a net margin of 10.29% and a return on equity of 8.22%. The firm's revenue was down 11.0% on a year-over-year basis. The stock's average true range of stands at 0.34, while the relative strength index is 69.38. Analysts expect that Viavi Solutions will post $0.36 earnings per share for the current year. The returns on investment very popular metric among passive investors, it stands at 13.40%, when it lies in positive figure than security is feasible for investment or goes for higher ROI stocks. The stock was sold at an average price of $8.40, for a total value of $110,124.00. It has a past 5-day performance of -2.12 percent and trades at an average volume of 3.28M shares. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Dion Joannou sold 13,956 shares of Viavi Solutions stock in a transaction dated Wednesday, January 18th. According to them, the median (average) EPS the company could deliver is 0.07/share. The disclosure for this sale can be found here.
Viavi Solutions Inc. closed its last trading session at $10.2 with the gain of 4.9%.
The stock now has its Annual Dividend of $0 and an annual Dividend Yield of 0 Percent.
Want to see what other hedge funds are holding VIAV? Commerzbank Aktiengesellschaft FI increased its stake in shares of Viavi Solutions by 16.2% in the fourth quarter. Commerzbank Aktiengesellschaft FI now owns 12,818 shares of the company's stock worth $105,000 after buying an additional 1,791 shares in the last quarter. World Asset Management Inc increased its stake in Viavi Solutions by 33.2% in the third quarter. Over the past five trading sessions it is -2.12%; -3.59% for the month; 15.93% for the last quarter; 24.58% for the past six-months; and 49.61% for the last 12 months. LMR Partners LLP bought a new stake in Viavi Solutions during the third quarter worth about $148,000. Barrow Hanley Mewhinney & Strauss LLC increased its stake in shares of Viavi Solutions by 79.9% in the fourth quarter. BlackRock Institutional Trust Company N.A. now owns 6,009,227 shares of the company's stock valued at $44,408,000 after buying an additional 239,364 shares in the last quarter. The Service Enablement segment provides embedded systems and enterprise performance management solutions to global communication service providers and enterprises with visibility into network, service, and application data.