Viavi Solutions Inc. (NASDAQ:VIAV) Receives Consensus Recommendation of “Moderate Buy” from Brokerages

Shares of Viavi Solutions Inc. (NASDAQ:VIAV) have received a consensus recommendation of “Moderate Buy” from the ten analysts that are covering the stock, MarketBeat.com reports. Four investment analysts have rated the stock with a hold recommendation and six have issued a buy recommendation on the company. The average 1 year target price among analysts that have covered the stock in the last year is $13.50.

A number of research firms recently weighed in on VIAV. UBS Group raised their price target on shares of Viavi Solutions from $11.00 to $12.00 and gave the company a “neutral” rating in a research report on Friday, August 8th. Rosenblatt Securities reaffirmed a “buy” rating and issued a $13.50 price objective on shares of Viavi Solutions in a research report 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 objective on the stock in a research report on Tuesday, September 2nd. B. Riley lifted their price objective on shares of Viavi Solutions from $11.00 to $12.00 and gave the stock a “neutral” rating in a research report on Friday, August 8th. Finally, Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Viavi Solutions in a research report on Saturday, September 27th.

Viavi Solutions Stock Up 0.5%

Shares of NASDAQ VIAV opened at $12.78 on Thursday. The stock has a market capitalization of $2.85 billion, a P/E ratio of 79.88 and a beta of 0.90. The company has a 50-day moving average price of $11.43 and a 200-day moving average price of $10.44. Viavi Solutions has a 1 year low of $8.10 and a 1 year high of $13.00. 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 (NASDAQ:VIAV) last issued its quarterly earnings data on Thursday, August 7th. The communications equipment provider reported $0.13 earnings per share (EPS) for the quarter, beating 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 firm had revenue of $290.50 million during the quarter, compared to analysts’ expectations of $285.19 million. During the same period last year, the company earned $0.08 earnings per share. The business’s revenue was up 15.3% on a year-over-year basis. Viavi Solutions has set its Q1 2026 guidance at 0.130-0.14 EPS. On average, equities research analysts forecast that Viavi Solutions will post 0.26 EPS for the current fiscal year.

Insider Transactions at Viavi Solutions

In other news, Director Richard Belluzzo sold 8,387 shares of Viavi Solutions stock in a transaction dated 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 transaction, the director owned 217,154 shares in the company, valued at $2,742,655.02. This trade represents a 3.72% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Luke M. Scrivanich sold 11,873 shares of Viavi Solutions stock in a transaction dated Friday, August 29th. The stock was sold at an average price of $11.18, for a total transaction of $132,740.14. Following the completion of the transaction, the senior vice president owned 66,836 shares of the company’s stock, valued at $747,226.48. The trade was a 15.08% decrease in their position. The disclosure for this sale can be found here. Insiders sold 73,789 shares of company stock worth $857,189 over the last quarter. Corporate insiders own 1.52% of the company’s stock.

Hedge Funds Weigh In On Viavi Solutions

Hedge funds have recently bought and sold shares of the company. GAMMA Investing LLC grew its stake in Viavi Solutions by 33.6% during the third quarter. GAMMA Investing LLC now owns 3,278 shares of the communications equipment provider’s stock valued at $42,000 after acquiring an additional 825 shares in the last quarter. Family Legacy Financial Solutions LLC purchased a new position in Viavi Solutions during the second quarter valued at approximately $43,000. USA Financial Formulas purchased a new position in Viavi Solutions during the first quarter valued at approximately $53,000. AlphaQuest LLC purchased a new position in Viavi Solutions during the first quarter valued at approximately $55,000. Finally, First Horizon Advisors Inc. grew its stake in Viavi Solutions by 29.1% during the first quarter. First Horizon Advisors Inc. now owns 5,046 shares of the communications equipment provider’s stock valued at $56,000 after acquiring an additional 1,138 shares in the last quarter. Hedge funds and other institutional investors own 95.54% of the company’s stock.

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.