Viavi Solutions Inc [VIAV] stock prices are up 1.43% to $10.65 at the moment. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The VIAV shares have gain 5.03% over the last week, with a monthly amount glided 4.00%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Viavi Solutions Inc [NASDAQ: VIAV] stock has seen the most recent analyst activity on December 17, 2024, when Morgan Stanley downgraded its rating to a Underweight and also boosted its price target to $9.50 from $8. Previously, UBS started tracking the stock with Neutral rating on November 19, 2024, and set its price target to $10.60. On June 26, 2024, downgrade downgraded it’s rating to Neutral but maintained its price target of $8.25 on the stock. Susquehanna downgraded its rating to a Neutral but stick to its price target of $9 on May 03, 2024. Stifel upgraded its rating to a Buy and raised its price target to $13 on February 12, 2024. Stifel started tracking with a Hold rating for this stock on December 02, 2022, and assigned it a price target of $12. In a note dated November 04, 2022, B. Riley Securities downgraded an Neutral rating on this stock and revised its target price from $21 to $14.50.
The stock price of Viavi Solutions Inc [VIAV] has been fluctuating between $6.60 and $11.49 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 $10.65 at the most recent close of the market. An investor can expect a potential drop of -1.13% 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. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.98.
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 10.46 points at the first support level, and at 10.27 for the second support level. However, for the 1st resistance point, the stock is sitting at 10.77, and for the 2nd resistance point, it is at 10.90.
Ratios To Look Out For
It’s worth pointing out that Viavi Solutions Inc [NASDAQ:VIAV]’s Current Ratio is 3.71. In addition, the Quick Ratio stands at 3.31 and 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 3.37.
Transactions by insiders
Recent insider trading involved MASOOD JABBAR, Director, that happened on Jan 14 ’25 when 30000.0 shares were purchased. Director, JABBAR MASOOD completed a deal on Jan 14 ’25 to sell 30000.0 shares. Meanwhile, Director JABBAR MASOOD sold 15000.0 shares on Dec 16 ’24.
