Viavi Solutions Inc [VIAV] stock prices are down -0.54% to $11.05 at the moment. 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 5.54% over the last week, with a monthly amount glided 8.02%, 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.
The stock price of Viavi Solutions Inc [VIAV] has been fluctuating between $6.60 and $11.32 over the past year. Currently, Wall Street analysts expect the stock to reach $10.53 within the next 12 months. Viavi Solutions Inc [NASDAQ: VIAV] shares were valued at $11.05 at the most recent close of the market. An investor can expect a potential drop of -4.71% based on the average VIAV price forecast.
Analyzing the VIAV fundamentals
The Viavi Solutions Inc [NASDAQ:VIAV] reported sales of 990.70M for trailing twelve months, representing a drop of -3.91%. 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. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.91.
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 10.81 points at the first support level, and at 10.58 for the second support level. However, for the 1st resistance point, the stock is sitting at 11.39, and for the 2nd resistance point, it is at 11.73.
Ratios To Look Out For
It’s worth pointing out that Viavi Solutions Inc [NASDAQ:VIAV]’s Current Ratio 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 2.46, the price to book ratio is 3.49.
Transactions by insiders
Recent insider trading involved LUKE SCRIVANICH, Officer, that happened on Dec 11 ’24 when 2802.0 shares were purchased. SVP General Manager OSP, SCRIVANICH LUKE M completed a deal on Dec 11 ’24 to sell 2802.0 shares. Meanwhile, Director JABBAR MASOOD sold 15000.0 shares on Nov 14 ’24.
