Viavi Solutions Inc (NASDAQ:VIAV)’s traded shares stood at 1.7 million during the latest session, with the company’s beta value hitting 0.94. At the last check today, the stock’s price was $9.01, to imply a decrease of -15.45% or -$1.64 in intraday trading. The VIAV share’s 52-week high remains $12.91, putting it -43.29% down since that peak but still an impressive 26.75% since price per share fell to its 52-week low of $6.60. The company has a valuation of $2.00B, with an average of 1.65 million shares in intraday trading volume over the past 10 days and average of 2.04 million shares over the past 3 months.
Analysts have given a consensus recommendation of Buy for Viavi Solutions Inc (VIAV), translating to a mean rating of 2.30. Of 6 analyst(s) looking at the stock, 0 analyst(s) give VIAV a Sell rating. 0 of those analysts rate the stock as Overweight while 3 advise Hold as 3 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at 0.12.
Viavi Solutions Inc (NASDAQ:VIAV) trade information
After registering a -15.45% downside in the latest session, Viavi Solutions Inc (VIAV) has traded red over the past five days. The 5-day price performance for the stock is -14.32%, and -21.08% over 30 days. With these gigs, the year-to-date price performance is -10.84%. Short interest in Viavi Solutions Inc (NASDAQ:VIAV) saw shorts transact 5.85 million shares and set a 2.79 days time to cover.
The extremes give us $10.6 and $15 for target low and target high price respectively. As such, VIAV has been trading -66.48% off suggested target high and -17.65% from its likely low.
Viavi Solutions Inc (VIAV) estimates and forecasts
The rating firms project that company’s revenue will grow 9.15% compared to the previous financial year.
Revenue forecast for the current quarter as set by 5 analysts is 286.41M. Meanwhile, for the current quarter, a total of 4 analyst(s) estimate revenue growth to 274.73M.Earnings reports from the last fiscal year show that sales brought in 252M and 238.2M respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 13.65% before jumping 15.34% in the following quarter.
VIAV Dividends
Viavi Solutions Inc has its next earnings report out on 2025-Apr-30. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.
Viavi Solutions Inc (NASDAQ:VIAV)’s Major holders
Viavi Solutions Inc insiders hold 1.56% of total outstanding shares, with institutional holders owning 97.96% of the shares at 99.52% float percentage. In total, 97.96% institutions holds shares in the company, led by BLACKROCK INC.. As of 2024-06-30, the company held over 34.62 million shares (or 15.5308% of shares), all amounting to roughly $237.83 million.
The next major institution holding the largest number of shares is VANGUARD GROUP INC with 29.97 million shares, or about 13.4443% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $205.88 million.
We also have SMALLCAP WORLD FUND INC and iShares Trust-iShares Core S&P Small-Cap ETF as the top two Mutual Funds with the largest holdings of the Viavi Solutions Inc (VIAV) shares. Going by data provided on Mar 31, 2025 , SMALLCAP WORLD FUND INC holds roughly 14.46 shares. This is just over 6.51% of the total shares, with a market valuation of $130.61 million. Data from the same date shows that the other fund manager holds a little less at 13.74, or 6.19% of the shares, all valued at about 124.17 million.
