Viavi Solutions Inc

Company Profile

Viavi Solutions Inc had its IPO on 1993-11-17 under the ticker symbol VIAV.

The company operates in the Technology sector and Communication Equipment industry. Viavi Solutions Inc has a staff strength of 3,600 employees.

Stock update

Shares of Viavi Solutions Inc opened at $9.83 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $9.68 - $9.88, and closed at $9.71.

This is a -1.72% slip from the previous day's closing price.

A total volume of 1,400,125 shares were traded at the close of the day’s session.

In the last one week, shares of Viavi Solutions Inc have slipped by -7.52%.

Viavi Solutions Inc's Key Ratios

Viavi Solutions Inc has a market cap of $2.19 billion, indicating a price to book ratio of 3.7145 and a price to sales ratio of 1.8204.

In the last 12-months Viavi Solutions Inc’s revenue was $1.11 billion with a gross profit of $664 million and an EBITDA of $154.10 million. The EBITDA ratio measures Viavi Solutions Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Viavi Solutions Inc’s operating margin was 7.65% while its return on assets stood at 2.88% with a return of equity of 3.74%.

In Q2, Viavi Solutions Inc’s quarterly earnings growth was a negative -73.4% while revenue growth was a negative 21.4%.

Viavi Solutions Inc’s PE and PEG Ratio

Forward PE

16.6113

Trailing PE

89.8182

PEG

2.41

Its diluted EPS in the last 12-months stands at $0.11 per share while it has a forward price to earnings multiple of 16.6113 and a PEG multiple of 2.41. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Viavi Solutions Inc’s profitability.

Viavi Solutions Inc stock is trading at a EV to sales ratio of 2.0659 and a EV to EBITDA ratio of 10.6405. Its price to sales ratio in the trailing 12-months stood at 1.8204.

Viavi Solutions Inc stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$1.85 billion

Total Liabilities

$343.50 million

Operating Cash Flow

$-21800000.00

Capital Expenditure

$7.40 million

Dividend Payout Ratio

0%

Viavi Solutions Inc ended 2023 with $1.85 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $1.85 billion while shareholder equity stood at $690.80 million.

Viavi Solutions Inc ended 2023 with $0 in deferred long-term liabilities, $343.50 million in other current liabilities, 200000.00 in common stock, $-69600700000.00 in retained earnings and $455.20 million in goodwill. Its cash balance stood at $506.50 million and cash and short-term investments were $521.10 million. The company’s total short-term debt was $96,200,000 while long-term debt stood at $629.50 million.

Viavi Solutions Inc’s total current assets stands at $945.00 million while long-term investments were $0 and short-term investments were $14.60 million. Its net receivables were $231.20 million compared to accounts payable of $47.20 million and inventory worth $116.10 million.

In 2023, Viavi Solutions Inc's operating cash flow was $-21800000.00 while its capital expenditure stood at $7.40 million.

Comparatively, Viavi Solutions Inc paid $0 in dividends in 2023.

Other key metrics

Current Trading Price

$9.71

52-Week High

$15.32

52-Week Low

$8.52

Analyst Target Price

$12.1

Viavi Solutions Inc stock is currently trading at $9.71 per share. It touched a 52-week high of $15.32 and a 52-week low of $15.32. Analysts tracking the stock have a 12-month average target price of $12.1.

Its 50-day moving average was $10.68 and 200-day moving average was $10.47 The short ratio stood at 4.09 indicating a short percent outstanding of 0%.

Around 112.1% of the company’s stock are held by insiders while 9737.8% are held by institutions.