For its first fiscal quarter (ending September 30), Viavi Solutions Inc (NASDAQ: VIAV) has reported a -71% decline in E.P.S. from $0.14 a year ago to $0.04 in the current quarter. This performance was $-0.06 short of the consensus estimate of $0.10. For the latest four quarters through September 30, E.P.S. were $0.01 versus $0.44 for the same period a year ago — a decline of -98%.
Recent Price Action
On 11/2/23, Viavi Solutions Inc (NASDAQ: VIAV) stock enjoyed a large increase of 2.6%, closing at $7.84. Relative to the market the stock has been weak over the last nine months but has risen 5.2% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, VIAV is expected to continue to be a major Value Builder.
Viavi Solutions has a current Value Trend Rating of F (Lowest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. Viavi Solutions has a slightly negative Power Rating of 32 and a poor Appreciation Score of 21, resulting in the Lowest Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of F. This review will be completed in the next several days.
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