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.

VIAV was given price targets by several analysts. The highest price target was 17, which equates to a potential upside of 54.55 percent. The most pessimistic analyst gave a price target of 9, which equates to a potential downside of -18.18 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. That number becomes -5.56 percent if we expand the time horizon to include the past 3 months instead of just one. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 5.6 percent.

Another thing investors often look at is the level of agreement among analysts' revisions. Over the past month, 0 analysts increased their quarterly estimates, 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.

VIAV has an estimated earnings growth rate of 1.32 percent as forecasted by analysts. The PEG ratio of a stock is another value frequently studied by investors. Smaller PEG ratios are desirable, because people typically see that as an indicator of higher growth relative to stock price. PEG ratios below 1 are often considered desirable, even though it may be more relevant to compare the ratio to that of a firm's competitors. VIAV has a PEG ratio of 23.81.

VIAV has traded between a high of 11.89 and a low of 6.96 over the past year. The current market price is above the trailing year's low by 58.05 percent, 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 market cap of VIAV is $2.49 billion. VIAV will post this quarters earnings in days, on 0000-00-00.