Home News Latest Movement: Viavi Solutions (NASDAQ: VIAV)

Latest Movement: Viavi Solutions (NASDAQ: VIAV)

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Viavi Solutions trades as part of the communication equipment industry and technology sector. The company CEO is Oleg Khaykin. Viavi Solutions Inc provides network testing, monitoring, and assurance products to communications service providers, wireless operators, cable operators, network-equipment manufacturers and enterprises.

Previous Intraday Trading Performance:

The VIAV stock showed a previous change of 0.31% with an open at 13.10 and a close of 13.09. It reached an intraday high of 13.20 and a low of 13.03.

PR Newswire:  VIAVI Unveils 5G Standalone Testing Capability for Industry-Leading Network Technology Validation Solution

Liquidity:

The stock has a market cap of $3.0b with 228.0m shares outstanding, of which the float is 224.5m shares. Trading volume reached 997,068 shares compared to its average volume of 2,506,033 shares. Based on the current average volume and close price, the trading liquidity is good.

Historical Trading Performance:

Over the last five trading days, Viavi Solutions shares returned -0.38% and in the past 30 trading days it returned -1.21%. Over three months, it changed 5.14%. In one year it has changed 33.30% and within that year its 52-week high was 14.00 and its 52-week low was 9.17. VIAV stock is 42.75% above its 52 Week Low.

Our calculations show a 200 day moving average of 11.69 and a 50 day moving average of 12.87. Currently VIAV stock is trading 12.01% above its 200 day moving average.

PR Newswire:  VIAVI Unveils 5G Standalone Testing Capability for Industry-Leading Network Technology Validation Solution

Earnings:

The last annual fiscal EPS for the company was reported at -0.19 that ended on 30th of June 2018. Based on 3 analyst estimates, the consensus EPS for the next quarter is 0.11. The TTM EPS is 0.41, which comes to a TTM PE of 31.93.

Below was the last reported quarterly diluted earnings per share:

1stQtr of 2019 (Reported on 05/02/2019): -0.02
4thQtr of 2018 (Reported on 02/05/2019): 0.06
3rdQtr of 2018 (Reported on 11/01/2018): -0.07
2ndQtr of 2018 (Reported on 08/14/2018): -0.13
1stQtr of 2018 (Reported on 05/03/2018): -0.05

Base on our calculations, the intrinsic value per share is 12.90, which means it may be overvalued by -1.47%.

Indicators to Watch:

The current calculated beta is 0.82.

SeekingAlpha:  May Spin-Off Review

Fundamental Indicators:

Based on last reported financials, the company’s return on equity is -4.75%, return on assets is -1.85%, profit margin is -3.10%, price-to-sales is 2.69 and price-to-book is 4.10.

Company Scores:

All scores are out of six:
 0  :Valuation Score
 0  :Past Performance Score
 4  :Financial Strength Score
 3  :Future Growth Score
 0  :Dividend Score
 1  :Overall Score

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John Jones
Worked for several Wall Street firms: Salomon Smith Barney, UBS, and Charles Schwab. Has developed skills and gained extensive experience over the years that is used today to uncover winning penny stocks.Also was an attorney for small businesses in Scottsdale, Arizona. That experience and understanding of law provides a unique perspective and edge in discovering quality companies in various industries.