Analyst Ratings for Viavi Solutions Inc. (VIAV)

Updated: 2017-07-28

Viavi Solutions Inc. (NASDAQ:VIAV) was awarded an average rating of Overweight from investment analysts following the stock. VIAV had previously received a consensus rating of Overweight a month ago.

12 analysts issued ratings on the stock, where 7 gave VIAV a buy rating, 0 gave an overweight rating, 5 issued a hold rating, 0 issued an underweight rating, and 0 gave a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has increased by 2. During this time, the number of analysts bearish on the stock has increased by 0.

A number of analysts gave price targets for VIAV. The most optimistic analyst gave a price target of 17, implying a possible profit of 54.55 percent. The most pessimistic analyst gave a price target of 9, implying potential capital losses of -18.18 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.

Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. This can be compared with the average change in earnings estimates over the past 3 months, which is -5.56 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of 5.6 percent in FY estimates.

Another thing investors often look at is the level of agreement among analysts' revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts made negative revisions. Over the same time period, 0 analysts revised their FY earnings estimates upwards, compared to 0 analysts that revised their FY estimates downwards.

Analysts estimate earnings of VIAV to grow at a rate of 1.32 percent. People on Wall Street often look at a company's PEG ratio. Smaller PEG ratios are desirable, as that can indicate whether the high price level of a stock is warranted by high growth. People often look for the PEG ratio to be under 1, although it is frequently more appropriate to compare PEG ratios to the company's peers. VIAV has a PEG ratio of 23.81.

VIAV has a 52-week high of 11.89 and a 52-week low of 6.96. The current market price is above the trailing year's low by 58.05 percent, and below the high by 7.49 percent. VIAV has a P/E ratio of 31.43. Investors typically compare the P/E ratio to a company's peers in the industry. The VIAV value stock report compares VIAV to some of its peers using value stock charts. The stock has a market capitalization of $2.49 billion. VIAV is estimated to release their earnings results for the quarter on 0000-00-00, days from today.