Currently, there are 223.00M common shares owned by the public and among those 218.52M shares have been available to trade.
The company’s stock has a 5-day price change of -14.16% and -26.76% over the past three months. VIAV shares are trading -10.59% year to date (YTD), with the 12-month market performance up to 14.02% higher. It has a 12-month low price of $6.60 and touched a high of $12.91 over the same period. VIAV has an average intraday trading volume of 2.17 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -9.79%, -15.42%, and -7.99% respectively.
Institutional ownership of Viavi Solutions Inc (NASDAQ: VIAV) shares accounts for 97.31% of the company’s 223.00M shares outstanding.
It has a market capitalization of $2.02B and a beta (3y monthly) value of 0.94. The stock’s trailing 12-month PE ratio is 430.00, while the earnings-per-share (ttm) stands at $0.02. The company has a PEG of 18.04 and a Quick Ratio of 1.32 with the debt-to-equity ratio at 0.95. Price movements for the stock have been influenced by the stock’s volatility, which stands at 5.68% over the week and 4.89% over the month.
Earnings per share for the fiscal year are expected to increase by 37.30%, and 19.54% over the next financial year.
Looking at the support for the VIAV, a number of firms have released research notes about the stock. Rosenblatt stated their Buy rating for the stock in a research note on March 07, 2025, with the firm’s price target at $14. Needham coverage for the Viavi Solutions Inc (VIAV) stock in a research note released on January 31, 2025 offered a Buy rating with a price target of $15. Morgan Stanley was of a view on December 17, 2024 that the stock is Underweight, while UBS gave the stock Neutral rating on November 19, 2024, issuing a price target of $10.60. Rosenblatt on their part issued Neutral rating on June 26, 2024.
