Extremely important negative changes in fundamentals have recently occurred for Viavi Solutions Inc (NASDAQ: VIAV): significant quarterly sales deceleration occurred, significant quarterly earnings deceleration occurred, the consensus estimate for June, 2025 decreased significantly, and the consensus estimate for June, 2024 decreased significantly.
In light of these highly negative signals we are reviewing our current Overall Rating of F. We would continue to view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
With future capital returns 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). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Viavi Solutions has a poor Appreciation Score of 23 and a very low Power Rating of 14, producing the Lowest Value Trend Rating.
Recent Price Action
Viavi Solutions Inc (NASDAQ: VIAV) stock declined modestly by -1.7% on 6/7/24. The stock closed at $7.40. However, trading volume in this decline was below average at 82% of normal. The stock has been weak relative to the market over the last nine months but is unchanged during the last week.
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