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 highest price target was 17, implying a possible profit of 54.55 percent. The minimum price target given was 9, implying a possible loss of -18.18 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is -5.56 percent. Meanwhile, fiscal year estimates have been revised upwards by 0 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 5.6 percent.

People are often interested in whether analysts were united in the direction of their 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.

Analysts estimate earnings of VIAV to grow at a rate of 1.32 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. A lower PEG ratio is favorable, because people typically see that as an indicator of higher growth relative to stock price. People often look for the PEG ratio to be under 1, even though it may be more relevant to compare the ratio to that of a firm's competitors. The PEG ratio of VIAV is 23.81.

VIAV has traded between a high of 11.89 and a low of 6.96 over the past year. Today's price is 58.05 percent above the 52-week low, and below the high by 7.49 percent. VIAV has a price/earnings 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 market cap of VIAV is $2.49 billion. VIAV is estimated to release their earnings results for the quarter on 0000-00-00, days from today.