Media coverage about Viavi Solutions (NASDAQ:VIAV) has been trending somewhat positive recently, according to Accern Sentiment. The research group identifies negative and positive news coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Viavi Solutions earned a daily sentiment score of 0.20 on Accern’s scale. Accern also gave press coverage about the communications equipment provider an impact score of 47.1554795570049 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.

Here are some of the media headlines that may have effected Accern’s rankings:

A number of research analysts have weighed in on the company. William Blair reissued a “buy” rating on shares of Viavi Solutions in a report on Wednesday, August 15th. BidaskClub raised Viavi Solutions from a “hold” rating to a “buy” rating in a report on Wednesday, August 15th. B. Riley increased their target price on Viavi Solutions from $12.00 to $13.00 and gave the company a “buy” rating in a report on Monday, August 13th. Needham & Company LLC raised Viavi Solutions from a “hold” rating to a “buy” rating and set a $13.50 target price on the stock in a report on Monday, August 13th. Finally, ValuEngine raised Viavi Solutions from a “sell” rating to a “hold” rating in a report on Thursday, August 2nd. One analyst has rated the stock with a sell rating, four have assigned a hold rating and eight have issued a buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average target price of $11.29.

Shares of VIAV opened at $11.03 on Monday. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.58 and a quick ratio of 1.43. The stock has a market capitalization of $2.40 billion, a price-to-earnings ratio of 44.12, a P/E/G ratio of 1.13 and a beta of 0.98. Viavi Solutions has a 52 week low of $8.34 and a 52 week high of $11.18.

Viavi Solutions (NASDAQ:VIAV) last issued its quarterly earnings results on Tuesday, August 14th. The communications equipment provider reported $0.14 EPS for the quarter, topping analysts’ consensus estimates of $0.11 by $0.03. The business had revenue of $264.00 million during the quarter, compared to analysts’ expectations of $255.10 million. Viavi Solutions had a positive return on equity of 10.74% and a negative net margin of 0.43%. The business’s quarterly revenue was up 33.3% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.12 earnings per share. research analysts anticipate that Viavi Solutions will post 0.33 earnings per share for the current fiscal year.

About Viavi Solutions

Viavi Solutions Inc provides network test, monitoring, and assurance solutions to communications service providers, and enterprises and their ecosystems worldwide. The company operates through Network Enablement, Service Enablement, and Optical Security and Performance Products segments. The Network Enablement segment offers testing solutions that access the network to perform build-out and maintenance tasks.

Further Reading: Asset Allocation Models, Which is Right For You?

Insider Buying and Selling by Quarter for Viavi Solutions (NASDAQ:VIAV)

Receive News & Ratings for Viavi Solutions Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Viavi Solutions and related companies with MarketBeat.com's FREE daily email newsletter.