Comerica Bank now owns 244,923 shares of the company's stock valued at $2,104,000 after buying an additional 10,791 shares during the period. This rating was issued on 12/08/16. Cipher Capital LP now owns 578,038 shares of the company's stock valued at $4,729,000 after buying an additional 70,185 shares during the period. Viavi Solutions now has a consensus rating of "Buy" and a consensus target price of $10.06.
In other Viavi Solutions news, SVP Susan Louise Spradley sold 13,110 shares of the stock in a transaction on Tuesday, January 17th.
It is widely believed that the more practical proxy for the market's expectations is analyst's consensus price estimates. Viavi Solutions Inc. got Initiated on 14-Mar-17 where investment firm Rosenblatt Initiated the stock to Buy. Commerzbank Aktiengesellschaft FI raised its stake in shares of Viavi Solutions by 16.2% in the fourth quarter.
Taking look on ratio analysis, VIAV has forward price to earnings ratio of 23.74, compare to its price to earnings ratio of 25.71.
11/07/2016 - Viavi had its "hold" rating reiterated by analysts at Needham & Company. William Blair reaffirmed an "outperform" rating on shares of Viavi Solutions in a research report on Wednesday, February 1st. They now have a United States dollars 7 price target on the stock.
Viavi Solutions Inc. (NASDAQ:VIAV) now has a High Price Target of $17.2. The stock touched its 52-Week High on Feb 15, 2017 and 52-Week Low on May 4, 2016.
Several sell side analysts reviewed their recommendations on Viavi Solutions Inc. Five analysts have rated the stock with a hold rating and five have given a buy rating to the stock. A low P/S can also be effective in valuing growth stocks that have suffered a temporary setback. Here, 1 indicates a Strong Buy and 5 indicates a Strong Sell. (NASDAQ:VIAV)'s shares have the potential to reach a high EPS of 0.1 per share, and a low EPS of 0.07 per share in the current quarter. The company reported $0.10 EPS for the quarter, beating the Zacks' consensus estimate of $0.07 by $0.03. Analysts expect that Viavi Solutions will post $0.36 earnings per share for the current year.
Viavi Solutions (NASDAQ:VIAV) last announced its earnings results on Tuesday, January 31st. The stock appeared -11.48% below its 52-week highs and is down -2.13% for the last five trades. The Company has 52-week high of $10.89 and 52-week low of $5.93. The company has a 1 Year high price target of $10.56. The company's 50-day moving average price is $9.84 and its 200 day moving average price is $8.33. Sure, the percentage is discouraging but better times are ahead as looking out over a next 5-year period, analysts expect the company to see its earnings go up by 1.37%, annually. The Return on Investment and Return on Equity (ROE) values are 3.8 percent and 4.4 percent, respectively. The stock Jumped 43.24 percent over the past six months. Suntrust Banks Inc. increased its stake in Viavi Solutions by 49.2% in the third quarter. That shows that the stock, according to a traditional interpretation and usage of the RSI indicator, is not particularly predisposed to a reactive price movement based on this measure If we look at the stochastic measure, the raw data over the stock's last month of action shows a score of 29.15%. There was a stock decrease by -0.1 percent. The share price is now 3.13 percent versus its SMA20, 2.43 percent versus its SMA50, and 6.23 percent versus its SMA200. Viavi Solutions had a return on equity of 8.22% and a net margin of 10.29%.
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