Needham analyst Ryan Koontz maintained a Hold rating on Viavi Solutions (VIAV – Research Report) today. The company’s shares closed last Friday at $8.07.
According to TipRanks, Koontz is an analyst with an average return of -11.3% and a 32.14% success rate. Koontz covers the Technology sector, focusing on stocks such as Harmonic, Lantronix, and 8X8.
Viavi Solutions has an analyst consensus of Moderate Buy, with a price target consensus of $13.60.
The company has a one-year high of $11.65 and a one-year low of $7.26. Currently, Viavi Solutions has an average volume of 2.27M.
Based on the recent corporate insider activity of 46 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of VIAV in relation to earlier this year.
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Viavi Solutions (VIAV) Company Description:
Viavi Solutions, Inc. engages in the provision of network test, monitoring, and assurance solutions. It operates through the following segments: Network Enablement, Service Enablement, and Optical Security and Performance. The Network Enablement segment offers integrated portfolio of testing solutions that access the network to perform build-out and maintenance tasks. The Service Enablement segment covers solutions and services primarily for communication service providers, and enterprises that deliver and/or operate broadband and IP networks (fixed and mobile) supporting voice, video, and data services as well as a wide range of applications. The Optical Security and Performance segment leverages its core optical coating technologies and volume manufacturing capability to design, manufacture, and sell products targeting anti-counterfeiting, consumer and industrial, government, healthcare, and other markets. The company was founded in 1979 and is headquartered in San Jose, CA.
Read More on VIAV:
- Viavi introduces performance testing for post-quantum cryptography deployments
- Viavi shares milestones in 6G, AI research based on 6G Forward Program
- UK Stocks: Spirent (SPT) Shares Rally as Keysight’s Takeover Offer Beats Viavi’s
- Keysight Technologies bidding on Spirent Communications, Sky News says
- Viavi price target raised to $14 from $12 at Susquehanna
