During the same quarter in the prior year, the company posted $0.11 earnings per share.
Among analysts who offered their Analysis on Viavi Solutions Inc.
Some buy side analysts are also providing their Analysis on Viavi Solutions Inc., where 1 analysts have rated the stock as Strong buy, 3 analysts have given a Buy signal, 6 said it's a HOLD, 0 reported it as Underperform and 0 analysts rated the stock as Sell.
Viavi Solutions Inc (Viavi) is a provider of network test, monitoring and assurance solutions to communications service providers, enterprises and their ecosystems.
These analysts also forecasted Growth Estimates for the Current Quarter for VIAV to be -22.2%. The growth estimate for the next five years is 10 percent (per annum). The average revenue estimate for the year ending June 2017 is $819.31M by 9 analysts.
Viavi Solutions Inc.'s (VIAV) stock price distance from twenty day simple moving average surged at 12.87% while its distance from fifty day simple moving average raised 17.76% along with 34.08% above distance from two hundred simple moving averages. (NASDAQ:VIAV) opened at 9.55 on Tuesday. Analyst's mean target price for the firm is $9.32 while analysts mean recommendation is 2.50. The stock stands almost $0.14 off versus the 52-week high of $12.97 and $6.53 above the 52-week low of $6.3.
Viavi Solutions Inc. (NASDAQ:VIAV) now has a consensus Price Target of $9.46. The company had Year Ago Sales of 220.4 Million.
Price Target is basically a projection of future price of a company's stock by the expert analysis of investment analysts or investment firms. VIAV has P/E (Price to Earnings ttm) value of 24.7, Forward P/E of 23.25, P/C (Price to cash per share) of 2.19 and Price to Free Cash Flow (P/FCF) value of 0. Mr. Thomas H. Waechter is one of the biggest insider owners in Viavi Solutions Inc. The Market Capitalization of the company stands at 2.32 Billion. The stock price recently experienced a 5-day gain of 8.07% with 0.33 average true range (ATR). NYSE:SNY) distance from 50-day simple moving average (SMA50) is 0.15%.
The Average Volume of the company is 10.74 Million, while the Relative Volume of the company is 4.62.
The company's quick ratio for most recent quarter is 5.00. Commerzbank Aktiengesellschaft FI now owns 12,818 shares of the company's stock worth $105,000 after buying an additional 1,791 shares during the last quarter. The firm had put out a Buy rating. The score shows the rating on a scale of 1 to 5, where 1=strong buy and 5=strong sell. The stock presently has an average rating of "Hold" and an average target price of $8.79. These analysts and investment firms use various valuation methods to decide a price target for a stock. The Monthly and Yearly performances are 11.62 percent and 64.25 percent respectively. Given the stock's recent action, it seemed like a good time to take a closer look at the company's recent data. However, the stock is trading at 4.58% versus recent highs.
The stock now has its Annual Dividend of $0 and an annual Dividend Yield of 0 Percent. The Return on Equity (ROE) value stands at 12.5%. The company reported the earnings of $0.1/Share in the last quarter where the estimated EPS by analysts was $0.07/share. TheStreet lowered shares of Viavi Solutions from a "b" rating to a "c+" rating in a research note on Tuesday, January 31st.
According to Zacks, "Viavi Solutions Inc. provides software and hardware platforms and instruments for telecommunications service providers, wireless operators, cable operators, network-equipment manufacturers and enterprises". (NYSE:GNW) for the next year 5 years is 5 percent (per annum), as compared to 7.56 percent (per annum) in the past 5 years. The high end of the revenue guidance is $2.15 Billion and the low end is $2.09 Billion.