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Analyst Expectations For Viavi Solutions's Future

Author: Benzinga Insights | May 03, 2024 09:01am

During the last three months, 8 analysts shared their evaluations of Viavi Solutions (NASDAQ:VIAV), revealing diverse outlooks from bullish to bearish.

In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 5 2 1 0 0
Last 30D 1 0 0 0 0
1M Ago 1 0 0 0 0
2M Ago 2 2 1 0 0
3M Ago 1 0 0 0 0

Insights from analysts' 12-month price targets are revealed, presenting an average target of $13.25, a high estimate of $17.00, and a low estimate of $10.00. Surpassing the previous average price target of $12.12, the current average has increased by 9.32%.

price target chart

Exploring Analyst Ratings: An In-Depth Overview

The standing of Viavi Solutions among financial experts becomes clear with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target
Mike Genovese Rosenblatt Lowers Buy $10.00 $13.00
Mike Genovese Rosenblatt Lowers Buy $13.00 $15.00
Ruben Roy Stifel Maintains Buy $13.00 $13.00
Mehdi Hosseini Susquehanna Raises Positive $14.00 $12.00
Tim Savageaux Northland Capital Markets Raises Outperform $17.00 $12.00
Meta Marshall Morgan Stanley Raises Equal-Weight $11.00 $9.00
Mike Genovese Rosenblatt Raises Buy $15.00 $13.00
Ruben Roy Stifel Raises Buy $13.00 $10.00

Key Insights:

  • Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Viavi Solutions. This information provides a snapshot of how analysts perceive the current state of the company.
  • Rating: Analysts assign qualitative assessments to stocks, ranging from 'Outperform' to 'Underperform'. These ratings convey the analysts' expectations for the relative performance of Viavi Solutions compared to the broader market.
  • Price Targets: Analysts provide insights into price targets, offering estimates for the future value of Viavi Solutions's stock. This comparison reveals trends in analysts' expectations over time.

Assessing these analyst evaluations alongside crucial financial indicators can provide a comprehensive overview of Viavi Solutions's market position. Stay informed and make well-judged decisions with the assistance of our Ratings Table.

Stay up to date on Viavi Solutions analyst ratings.

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Unveiling the Story Behind Viavi Solutions

Viavi Solutions Inc. is a global provider of network test, monitoring and assurance solutions to communications service providers, enterprises, network equipment manufacturers, civil government, military and avionics customers. The company also offers high-performance thin-film optical coatings, providing light management solutions to anti-counterfeiting, 3D sensing, electronics, automotive, defense and instrumentation markets. Its operating segments include Network Enablement, Service Enablement, and Optical Security and Performance Products. Geographically, it derives a majority of revenue from the United States.

Viavi Solutions's Financial Performance

Market Capitalization Analysis: Falling below industry benchmarks, the company's market capitalization reflects a reduced size compared to peers. This positioning may be influenced by factors such as growth expectations or operational capacity.

Decline in Revenue: Over the 3 months period, Viavi Solutions faced challenges, resulting in a decline of approximately -10.54% in revenue growth as of 31 December, 2023. This signifies a reduction in the company's top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Information Technology sector.

Net Margin: Viavi Solutions's net margin is impressive, surpassing industry averages. With a net margin of 4.2%, the company demonstrates strong profitability and effective cost management.

Return on Equity (ROE): Viavi Solutions's ROE lags behind industry averages, suggesting challenges in maximizing returns on equity capital. With an ROE of 1.53%, the company may face hurdles in achieving optimal financial performance.

Return on Assets (ROA): Viavi Solutions's ROA excels beyond industry benchmarks, reaching 0.58%. This signifies efficient management of assets and strong financial health.

Debt Management: Viavi Solutions's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 1.07.

Analyst Ratings: What Are They?

Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.

In addition to their assessments, some analysts extend their insights by offering predictions for key metrics such as earnings, revenue, and growth estimates. This supplementary information provides further guidance for traders. It is crucial to recognize that, despite their specialization, analysts are human and can only provide forecasts based on their beliefs.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: VIAV

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