Viavi Solutions Inc (NASDAQ: VIAV)’s stock price has dropped by -7.04 in relation to previous closing price of 11.16. Nevertheless, the company has seen a gain of 0.43% in its stock price over the last five trading days. zacks.com reported 2024-12-16 that VIAV’s buyout of Inertial Labs aims to extend its reach into aerospace, defense and industrial end markets.
Is It Worth Investing in Viavi Solutions Inc (NASDAQ: VIAV) Right Now?
The 36-month beta value for VIAV is at 0.92. Analysts have varying views on the stock, with 3 analysts rating it as a “buy,” 0 rating it as “overweight,” 6 as “hold,” and 0 as “sell.”
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The public float for VIAV is 218.37M, and currently, shorts hold a 2.31% of that float. The average trading volume for VIAV on December 17, 2024 was 1.66M shares.
VIAV’s Market Performance
The stock of Viavi Solutions Inc (VIAV) has seen a 0.43% increase in the past week, with a 5.11% rise in the past month, and a 25.29% gain in the past quarter. The volatility ratio for the week is 4.34%, and the volatility levels for the past 30 days are at 2.99% for VIAV. The simple moving average for the past 20 days is 0.22% for VIAV’s stock, with a 20.73% simple moving average for the past 200 days.
Analysts’ Opinion of VIAV
UBS, on the other hand, stated in their research note that they expect to see VIAV reach a price target of $10.60. The rating they have provided for VIAV stocks is “Neutral” according to the report published on November 19th, 2024.
Rosenblatt gave a rating of “Neutral” to VIAV, setting the target price at $8.25 in the report published on June 26th of the current year.
VIAV Trading at 4.86% from the 50-Day Moving Average
After a stumble in the market that brought VIAV to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -9.71% of loss for the given period.
Volatility was left at 2.99%, however, over the last 30 days, the volatility rate increased by 4.34%, as shares surge +6.07% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +16.41% upper at present.
During the last 5 trading sessions, VIAV rose by +0.63%, which changed the moving average for the period of 200-days by +6.83% in comparison to the 20-day moving average, which settled at $10.35. In addition, Viavi Solutions Inc saw 3.02% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at VIAV starting from JABBAR MASOOD, who sale 15,000 shares at the price of $11.16 back on Dec 16 ’24. After this action, JABBAR MASOOD now owns 210,333 shares of Viavi Solutions Inc, valued at $167,400 using the latest closing price.
MASOOD JABBAR, the Director of Viavi Solutions Inc, proposed sale 15,000 shares at $11.16 during a trade that took place back on Dec 16 ’24, which means that MASOOD JABBAR is holding shares at $167,355 based on the most recent closing price.
Stock Fundamentals for VIAV
Current profitability levels for the company are sitting at:
- 0.03 for the present operating margin
- 0.57 for the gross margin
The net margin for Viavi Solutions Inc stands at -0.04. The total capital return value is set at 0.02. Equity return is now at value -5.43, with -2.11 for asset returns.
Based on Viavi Solutions Inc (VIAV), the company’s capital structure generated 0.48 points at debt to capital in total, while cash flow to debt ratio is standing at 0.12. The debt to equity ratio resting at 0.91. The interest coverage ratio of the stock is 1.06.
Currently, EBITDA for the company is 101.2 million with net debt to EBITDA at 2.84. When we switch over and look at the enterprise to sales, we see a ratio of 2.57. The receivables turnover for the company is 4.22for trailing twelve months and the total asset turnover is 0.57. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.71.
Conclusion
In conclusion, Viavi Solutions Inc (VIAV) has had a better performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
