A share price of Viavi Solutions Inc [VIAV] is currently trading at $10.62, up 2.41%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The VIAV shares have gain 4.32% over the last week, with a monthly amount glided 7.71%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Viavi Solutions Inc [NASDAQ: VIAV] stock has seen the most recent analyst activity on November 19, 2024, when UBS initiated its Neutral rating and assigned the stock a price target of $10.60. Previously, Rosenblatt downgraded its rating to Neutral on June 26, 2024, and kept the price target unchanged to $8.25. On May 03, 2024, downgrade downgraded it’s rating to Neutral but maintained its price target of $9 on the stock. Stifel upgraded its rating to a Buy and increased its price target to $13 on February 12, 2024. Stifel initiated its recommendation with a Hold and recommended $12 as its price target on December 02, 2022. B. Riley Securities downgraded its rating to Neutral for this stock on November 04, 2022, and downed its price target to $14.50. In a note dated October 06, 2022, Rosenblatt initiated an Buy rating and provided a target price of $18 on this stock.
Viavi Solutions Inc experienced fluctuations in its stock price throughout the past year between $6.60 and $11.32. Currently, Wall Street analysts expect the stock to reach $12.93 within the next 12 months. Viavi Solutions Inc [NASDAQ: VIAV] shares were valued at $10.62 at the most recent close of the market. An investor can expect a potential return of 21.75% based on the average VIAV price forecast.
Analyzing the VIAV fundamentals
Trailing Twelve Months sales for Viavi Solutions Inc [NASDAQ:VIAV] were 990.70M which represents -3.91% decline. Gross Profit Margin for this corporation currently stands at 0.57% with Operating Profit Margin at 0.03%, Pretax Profit Margin comes in at 0.0%, and Net Profit Margin reading is -0.04%. To continue investigating profitability, this company’s Return on Assets is posted at -0.02, Equity is -0.05 and Total Capital is 0.02. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.91.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 10.39 points at the first support level, and at 10.16 for the second support level. However, for the 1st resistance point, the stock is sitting at 10.76, and for the 2nd resistance point, it is at 10.89.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Viavi Solutions Inc [NASDAQ:VIAV] is 3.71. Also, the Quick Ratio is 3.31, while the Cash Ratio stands at 2.01. Considering the valuation of this stock, the price to sales ratio is 2.38, the price to book ratio is 3.36.
Transactions by insiders
Recent insider trading involved JABBAR MASOOD, Director, that happened on Nov 14 ’24 when 15000.0 shares were sold. Director, MASOOD JABBAR completed a deal on Nov 14 ’24 to buy 15000.0 shares. Meanwhile, Director JABBAR MASOOD sold 15000.0 shares on Oct 14 ’24.
