Viavi Solutions (NASDAQ:VIAV) Receiving Somewhat Positive Press Coverage, Analysis Shows

Its book value per share for the most recent quarter is $3.36 while its price to book ratio for the same period is 2.6, as for as the company's cash per share for the most recent quarter is $5.36, however its price to cash per share ratio for the same period is 1.63. A number of hedge funds have recently added to or reduced their stakes in the company. Vanguard Group Inc. now owns 21,052,725 shares of the communications equipment provider's stock valued at $221,685,000 after purchasing an additional 158,549 shares during the period. Quantitative Systematic Strategies LLC raised its position in shares of Viavi Solutions by 45.3% in the 2nd quarter. Piedmont Investment Advisors LLC acquired a new stake in Viavi Solutions during the first quarter worth approximately $148,000. Municipal Employees Retirement System of MI now owns 54,370 shares of the communications equipment provider's stock valued at $573,000 after purchasing an additional 2,080 shares in the last quarter. Creative Planning now owns 11,302 shares of the communications equipment provider's stock valued at $119,000 after purchasing an additional 7,235 shares in the last quarter. Institutional investors own 92.49% of the company's stock.

Shares of Viavi Solutions Inc.

Viavi Solutions Inc. (VIAV) is expected to post revenue of $196.22 Million in the current quarter, according to consensus of 9 analysts. Further, the firm has debt to equity ratio of 0.41, sometimes it remain same with long term debt to equity ratio.

Viavi Solutions Inc. has a beta of 1.17, offering the possibility of a higher rate of return, but also posing more risk. Viavi Solutions Inc. has had 36 insider trades in the last 3 months, including 7 open market buys and 29 sells.

Viavi Solutions (NASDAQ:VIAV) last released its earnings results on Wednesday, November 1st. They expect $0.05 EPS, down 16.67 % or $0.01 from last year's $0.06 per share. The firm had revenue of $195.20 million during the quarter, compared to analyst estimates of $183.89 million. Finally, Stifel Nicolaus raised their target price on Viavi Solutions from $8.50 to $9.50 and gave the company a hold rating in a report on Wednesday, May 3rd.

Currently Viavi Solutions Cmn (NASDAQ:VIAV)'s shares owned by insiders are 0.6%, whereas shares owned by institutional owners are 94.3%. Also, Director Richard Belluzzo sold 10,000 shares of the firm's stock in a transaction on Tuesday, November 21st. Stock's minimum price target estimates has been figured out at $9 while the maximum price target forecast is established at $17.

Huawei P11 Reportedly Arriving With iPhone X-Like Notch; Specifications Leaked
A new report suggests that Huawei's next-generation flagship phone P11's appearance will be quite different from the predecessor. The handset also seems to support Huawei's Easy Projection which indicates that it will also feature USB 3.1 port.

Brexit, vertice May-Juncker: "Progressi sufficienti, soddisfatti dell'accordo"
Stamane, la premier britannica Theresa May è arrivata alla sede della Commissione europea a Bruxelles, accolta dal presidente Jean-Claude Juncker . "Bisogna essere in due per essere ottimisti", ha spiegato Schinas.

Baxter Intl INC (BAX) Holding Held by Dana Investment Advisors Inc
Baxter International Inc .is based in U.S. , in the very big sector Healthcare. (NYSE: BAX ). 50 are held by Baldwin Brothers Ma. Livingston Group Inc Asset Mgmt (Operating As Southport Capital Management) owns 0.49% invested in Baxter International Inc .

Viavi Solutions Inc. (NASDAQ:VIAV) share price swings at $8.89 with percentage change of -0.45% in most recent trading session. Following the sale, the vice president now directly owns 14,968 shares in the company, valued at $140,699.20. The disclosure for this sale can be found here. Needham & Company LLC reaffirmed a "hold" rating on shares of Viavi Solutions in a research report on Thursday, October 12th. The stock increased 1.07% or $1.15 during the last trading session, reaching $108.58.

VIAV has been the topic of a number of recent analyst reports.

News coverage about Viavi Solutions (NASDAQ:VIAV) has been trending somewhat positive recently, according to Accern.

In other Viavi Solutions news, SVP Luke M. Scrivanich sold 4,691 shares of Viavi Solutions stock in a transaction that occurred on Tuesday, May 23rd. Finally, BidaskClub downgraded shares of Viavi Solutions from a "hold" rating to a "sell" rating in a research report on Monday, August 14th. Of the analysts who provided ratings, 2 rated the company a Hold, and 6 rated it a Strong Buy. The company presently has an average rating of "Hold" and a consensus target price of $12.78.

ILLEGAL ACTIVITY WARNING: "Cipher Capital LP Decreases Position in Viavi Solutions Inc".

About Viavi Solutions Viavi Solutions Inc (Viavi) is a provider of network test, monitoring and assurance solutions to communications service providers, enterprises and their ecosystems.

Related:

  • Shares Higher Over the Past Month Materials ETF Vanguard (VAW) — Performance Focus

    Shares Higher Over the Past Month Materials ETF Vanguard (VAW) — Performance Focus

    A reading under 20 would indicate no trend, and a reading from 20-25 would suggest that there is no clear trend signal. A value of 50-75 would signal a very strong trend, and a value of 75-100 would indicate an extremely strong trend.
    Martial law extension needed to address continuing armed threats

    Martial law extension needed to address continuing armed threats

    The "increasing" threat of violence from the communist New People's Army also prompted the recommendation to extend martial law, he said.

    Gilead and Kite acquiring Cell Design Labs for up to $567M

    Cell Design Labs is developing therapies for prostate cancer and multiple myeloma, a cancer of the blood plasma cells. Emeryville, Calif. -based Cell Design Labs develops biotech to re-engineer cells for use in cancer treatments.
  • Rani, Rekha, Karisma, others attend prayer meet in honour of Shashi Kapoor

    Rani, Rekha, Karisma, others attend prayer meet in honour of Shashi Kapoor

    Rekha was seen sitting on the staircase instead of a chair and embraced every member of the Kapoor family. Rani Mukerji was spotted at Shashi Kapoor's residence the day he had passed away.
    One dies in WA stabbing and vehicle incident

    One dies in WA stabbing and vehicle incident

    Four people were hit by a red Skyline on Eucalyptus Boulevard around 4.15pm, with a teen crashing through the front windscreen. Inspector Tony Hill said the fight spilled over into McDonalds, and the auto ploughed into pedestrians about an hour later.

    Puma Biotechnology (PBYI) Shares Down 7.4% After Insider Selling

    Geode Capital Management Ltd Liability Co has invested 0.01% in Puma Biotechnology, Inc . (NASDAQ:PBYI) or 7,844 shares. Also Seekingalpha.com published the news titled: "Puma Biotechnology Faces Balance Sheet Anxiety" on November 10, 2017.
  • Canola oil may worsen memory, learning ability

    Canola oil may worsen memory, learning ability

    The researchers divided the mice into two groups at six months of age, before the animals developed signs of Alzheimer's disease. Amyloids are well-known in Alzheimer's research as the substances that form sticky clumps in the brain.
    Juan Mata reveals all about Ibrahimovic's first day at Manchester United

    Juan Mata reveals all about Ibrahimovic's first day at Manchester United

    Zlatan, however, is set to return to action after missing a couple of matches against Arsenal and CSKA Moscow. I understood it, because he'd told me what he was going to do before the change".

    How Many The Wendy's Company (NASDAQ:WEN)'s Analysts Are Bearish?

    Finally, Zacks Investment Research downgraded Wendys from a "buy" rating to a "hold" rating in a report on Friday, August 11th. Raymond James Financial Services Advisors Inc. increased its position in shares of Wendys by 0.4% in the 2nd quarter.
  • Alex Pourbaix Purchases 81433 Shares of Cenovus Energy Inc (TSE:CVE) Stock

    Visionary Asset Management Inc. purchased a new stake in shares of Cenovus Energy during the third quarter worth $202,000. Neuberger Berman Group LLC purchased a new stake in shares of Cenovus Energy during the third quarter worth $14,718,000.
    North Korea Implies War Is Inevitable After US-South Korean Military Exercise

    North Korea Implies War Is Inevitable After US-South Korean Military Exercise

    Feltman met North Korean foreign minister Ri Yong Ho on Thursday, North Korea's official KCNA news agency said. The United States stations 28,500 troops in the South, a legacy of the 1950-53 Korean War.

    Arrow Electronics, Inc. (ARW) Stock Formed Double Top Pattern. What To Expect?

    Finally, Timber Hill LLC acquired a new position in Arrow Electronics in the second quarter valued at approximately $234,000. The technology company reported $1.82 earnings per share for the quarter, meeting analysts' consensus estimates of $1.82.

Comments

Latest news

Four Wisconsin players earn 2nd-team All-American honors by Walter Camp
Pollard is just one kickoff return touchdown away from tying the NCAA single-season mark set by Ashlan Davis of Tulsa in 2004. Three Tigers were named to the 128th edition of the Walter Camp All-America team, announced Thursday night.

After Backlash, VA Clarifies It Is Not Ending the Homeless Vet Program
A VA spokesman declined requests from CNN to explain what had led Shulkin and the VA to change positions on the HUD-VASH funding. Patty Murray of Washington state, a member of the subcommittee, blasted the decision as the Trump administration's "new low".

HSV Chevrolet Silverado coming in April 2018
Pricing and exact specification will be confirmed closer to the new range going on sale in Australia. There are now nearly 60 HSV dealers across Australia and seven in New Zealand.

United States of America and South Korea Start Largest-Ever Joint Air Force Drills
The United States and South Korea deployed THAAD , a US missile defense system, that is strongly opposed in Beijing. Meanwhile China, North Korea's neighbour and lone major ally, again urged calm and said war was not the answer.

FY2018 EPS Estimates for National Bank of Canada (NTIOF) Boosted by Cormark
One technical indicator that may help gauge the strength of market momentum is the Average Directional Index or ADX. After a recent check, the 14-day RSI is now at 43.92, the 7-day stands at 37.49, and the 3-day is sitting at 27.77.

KSP looking for "dangerous" escapee from Marshall County
Anyone with information on the whereabouts of Meadows should contact KSP Post 1 at 270-856-3721 or anonymously at 800-222-5555. Kentucky State Police have arrested a Murray man in connection with a sexual assault investigation in Tennessee.

US arrests four over alleged semiconductor IP theft
The report says the men were the employees of semiconductor company Applied Materials Inc. of Santa Clara. No companies from China are listed as the top semiconductors makers in the world.

New positive data for Kisqali combination in advanced breast cancer
That's what we would like to see, but, again, you can't really predict that. Hershman's team wondered if the ancient practice of acupuncture might help.

Broadway's Hamilton Will Welcome a New Title Player
However, it is Jamael Westman , who has newly graduated from RADA, that has the title role in the West End production. The Daily Mail's Baz Bamigboye said it had been "the best first preview of a musical [he'd] seen since Miss Saigon ".

Auxier Asset Management Sells 10800 Shares of Corning Incorporated (NYSE:GLW)
Currently, 176.5 million total shares are owned by the public and among those 174.83 million shares have been available to trade. It improved, as 42 investors sold GLW shares while 336 reduced holdings. 112 funds opened positions while 620 raised stakes.

India, Pakistan trade heavy fire on LOC in Nowshera sector
Prior to that, on September 30, unprovoked firing across the LoC martyred a junior commissioned officer (JCO) and two civilians. They further added that own troops effectively retaliated to the firing and the exchange of fire lasted for some time.

Transocean (RIG) Earning Somewhat Positive Press Coverage, Analysis Shows
Currently Transocean Inc (NYSE: RIG)'s shares owned by insiders are 0.1%, whereas shares owned by institutional owners are 76.8%. Public Employees Retirement Association of Colorado increased its stake in shares of Transocean by 12.7% in the second quarter.

How Analysts Feel About SUPERVALU Inc. (SVU) After Today's Huge Increase?
The company reported $0.13 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.09 by $0.04. Principal Financial Group Inc. increased its position in shares of SuperValu by 1.2% during the 2nd quarter.

Bitcoin Tops Record $19K, Falls Back Down
The latest swing higher came as bitcoin topped $12,000 Tuesday night in a rapid recovery from a 20 percent drop last week. On Coinbase's GDAX exchange, for example, the price of bitcoin is trading above $18,400.00 as of press time.

3 dead following school shooting in New Mexico
She didn't provide more details. "Right after we got outside the door, right outside the door, there was someone lying dead". Garrett Parker, a student at the school in the town of 7,000, told the local TV station KOAT that he was stunned.

Other news