Viavi Solutions (NASDAQ:VIAV) is scheduled to be announcing its earnings results after the market closes on Tuesday, August 14th. Analysts expect the company to announce earnings of $0.08 per share for the quarter.
NASDAQ:VIAV opened at $10.61 on Monday. Viavi Solutions has a twelve month low of $8.34 and a twelve month high of $10.89. The firm has a market cap of $2.37 billion, a PE ratio of 42.44, a price-to-earnings-growth ratio of 1.12 and a beta of 0.98. The company has a quick ratio of 1.43, a current ratio of 1.58 and a debt-to-equity ratio of 0.48.
VIAV has been the subject of several recent research reports. Argus upgraded Viavi Solutions from a “hold” rating to a “buy” rating and set a $9.92 price objective for the company in a report on Tuesday, May 8th. William Blair restated a “buy” rating on shares of Viavi Solutions in a report on Thursday, May 24th. BidaskClub upgraded Viavi Solutions from a “hold” rating to a “buy” rating in a report on Thursday, June 28th. ValuEngine upgraded Viavi Solutions from a “sell” rating to a “hold” rating in a report on Thursday, August 2nd. Finally, Deutsche Bank initiated coverage on Viavi Solutions in a report on Thursday, June 7th. They issued a “hold” rating and a $10.50 price objective for the company. One research analyst has rated the stock with a sell rating, six have given a hold rating and seven have assigned a buy rating to the stock. The company has an average rating of “Hold” and a consensus price target of $11.09.
Viavi Solutions Inc provides network test, monitoring, and assurance solutions to communications service providers, and enterprises and their ecosystems worldwide. The company operates through Network Enablement, Service Enablement, and Optical Security and Performance Products segments. The Network Enablement segment offers testing solutions that access the network to perform build-out and maintenance tasks.
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