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.

Several price targets were given for VIAV by the analysts covering the stock. The most optimistic analyst gave a price target of 17, implying a possible profit of 54.55 percent. The lowest price target was 9, implying a possible loss of -18.18 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.

Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. That number becomes -5.56 percent if we expand the time horizon to include the past 3 months instead of just one. Meanwhile, fiscal year estimates have been revised upwards by 0 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of 5.6 percent in FY estimates.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, which can be compared to the 0 analysts that decreased their estimates. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, compared to 0 analysts that revised their FY estimates downwards.

The growth rate of VIAV's earnings is estimated by analysts to be 1.32 percent. The PEG ratio of a stock is another value frequently studied by investors. Investors like to see smaller values for the PEG ratio, because people typically see that as an indicator of higher growth relative to stock price. PEG ratios below 1 are often considered desirable, although it is frequently more appropriate to compare PEG ratios to the company's peers. The PEG ratio of VIAV is 23.81.

In the last 52-weeks, VIAV has achieved a high of 11.89 and a low of 6.96. Today's price is 58.05 percent above the 52-week low, and 7.49 percent below the high. 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 will post this quarters earnings in days, on 0000-00-00.