Viavi Solutions Inc. (VIAV) Net income fell to 29.90 million: Growth Analysis

Viavi Solutions Inc. (VIAV) is owned by a number of high-value investors. Its largest direct holder is Oleg Khaykin Director, President and Chief Executive Officer with 575,603 shares. The second-largest direct holder is Masood A. Jabbar Independent Director, with 215,719 shares of the company’s stock. In third place with 208,397 shares of VIAV is Richard E. Belluzzo Chairman of the Board.

Now turning to institutional ownership of Viavi Solutions Inc. (VIAV), BlackRock Fund Advisors is the top holder with 32.41 million shares. The next largest fund holder of this company’s stock is The Vanguard Group, Inc. with 24.17 million shares. In the third-place spot with 7.16 million shares is Goldman Sachs Asset Management LP.

This company’s stock price was $14.63 at the previous market close, with its latest volume reaching 3244326. Compare that to its average daily volume of 1.91M. Given the fact that this stock has 232.70M shares outstanding, its current market value is sitting at $3.40B. This publicly-traded stock’s 60-month Beta is 1.09. Its Price to Sales ratio is 2.93, its Price to Cash Flow ratio is 6.46, and its Price to Book ratio is 4.73.

VIAV stock has achieved a 5-day range of $14.42 to $15.38, with a total performance of -4.32% during that period. Meanwhile, in the past month of trading, this stock has traded in the range of $14.42 to $16.35, generating a -9.19% change during the period. In the past three months, this stock’s price has changed by +5.33%, trading in the range of $13.06 to $16.35.

In the past 5 days, shares of VIAV have made a new high 1 time. In the last month, it has made a new high 1 time, and in the past 3 months, it has made a new high 11 times.

Now let’s turn to this public company’s earnings. For the quarter ending 9/29/2019, the earnings per share (EPS) was reported at 0.18. This is a 0.02 difference compared to the consensus estimate of 0.16, amounting to an earnings surprise of 12.50%. In the previous quarter, which ended in 9/29/2019, the consensus estimate was 0.15, making for an earnings surprise of 13.30%. For the quarter ending 3/30/2019, EPS was reported at 0.13, generating a 8.30% earnings surprise.

The Net Income for the most recent full fiscal year, which ended in 06-2019, was $5.4 million. This is compared to the prior year, where Net Income was $-48.6 million. Meanwhile, this company’s Operating Cash Flow was $138.8 million for the year, compared to $66.0 million in 2017. Capital Expenditures for the year were reportedly -$45.0 million, compared to -$42.5 million, and Free Cash flow was $93.8 million compared to the prior year’s $23.5 million.

Viavi Solutions Inc. (VIAV) stock currently has a Financial Strength score of 3/10. This is due to a combination of factors, including a Cash to Debt ratio of 0.83, an Equity to Asset ratio of 0.39, a Debt to Equity ratio of 0.9 and a Debt to EBITDA of 3.08. The Interest Coverage of this stock is 2.78, its Piotroski F-Score is 7, its Altman Z-Score is -50.61 and its Beneish M-Score is -2.66.

This publicly-traded company’s Profitability and Growth score is 4/10, thanks to a combination of things: an Operating Margin of 7.77, a Net Margin of 2.37, a ROE of 3.84, and a ROC of 36.47.

Shifting focus now to Valuation and Return for VIAV, this company’s Price to Tangible Book is 23.98 and its Price to Median PS Value is 1.95. Price to Peter Lynch Fair Value for VIAV is now 4.5, and this organization’s Price to Graham Number is 11. Meanwhile, its Forward Rate of Return (Yactman) is 21.13.

Certain ratios provide helpful insights into how a stock is performing. The Quick Ratio for VIAV is sitting at 2.88, while its Current Ratio is 3.24 and its PEG Ratio is 5.04. This stock’s PB Ratio is 4.75, its PS Ratio is 2.96, its Forward PE Ratio is 21.46, and its PE Ratio without NRI is 112.55. Similarly, its Price to Owner Earnings is 95.64, its Price to Free Cash Flow is 33.29 and its Price to Operating Cash Flow is 24.