For its first fiscal quarter (ending September 30), Viavi Solutions Inc (NASDAQ: VIAV) has reported a -125% decline in E.P.S. from $0.04 a year ago to $-0.01 in the current quarter. For the latest four quarters through September 30, E.P.S. were $-0.17 versus $0.01 for the same period a year ago — a decline of -1800%.
Recent Price Action
Viavi Solutions Inc (NASDAQ: VIAV) stock declined by -2.4% on 10/31/24. The shares closed at $9.22. Moreover, trading volume in this decline was unusually high at 171% of normal. The stock is unchanged during the last week but has been weak relative to the market over the last nine months.
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). 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 39 and a poor Appreciation Score of 19, with the Lowest Value Trend Rating the result.
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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