Quick assessment of Viavi Solutions Inc. (NASDAQ:VIAV)


Viavi Solutions (NASDAQ:VIAV) has launched CPRIAdvisor, a remote RF spectrum monitoring system that addresses a wide range of antenna deployment options in heterogeneous networks. Developed in partnership with tier one mobile service providers, it offers the ability to monitor and troubleshoot RF conditions around the clock for any cell site with fiber fronthaul.

Viavi Solutions Inc. (NASDAQ:VIAV), whose P/Free Cash Flow comes to 104.62.

The firm posted EPS of $0.37 in the previous fiscal year. Its next earnings update is expected on Earnings Date May 02/a.

The Barchart Technical Opinion rating is a 56% Buy with a Strengthening short term outlook on maintaining the current direction. Longer term, the trend strength is Average. Long term indicators fully support a continuation of the trend.

Recently, Viavi Solutions Inc. (NASDAQ:VIAV) reported that for this year, EPS is anticipated to improve 61.90% over the last year’s EPS. The firm has noted its EPS growth in past 5 years as -21.40%, and for the next five years it is expected to be 10.00%.

What value is Viavi Solutions Inc. generating for investors? The firm’s return on assets for the past 12 months calculates to 4.70%, return investments for the equivalent period comes to -7.00% and return on equity calculates to 11.70%.

Can Viavi Solutions Inc. cope with its short-term financial needs to bring value for shareholders. A look at the firm?s liquidity ratio exhibits it has current ratio of 6.90. For perspective, current ratio more than 2 is considered healthy for a firm as it implies the firm can meet its near-term financial requirements. Viavi Solutions Inc.’s quick ratio comes to 6.70. Once again, quick ratio of 1 is considered healthy for a firm and quick ratio falling below 1 can be detrimental to a company’s future.

As for other ratios, Viavi Solutions Inc.’s Long Term Debt/Equity is 1.28 and Total Debt/Equity is 1.28.

Viavi Solutions Inc. has mixed ownership if that indicates participation of insiders and outside institutional shareholders in the stock. Insider ownership of the firm is 0.30% while institutional ownership is 95.30%. The firm has seen -18.65% and 6.11% institutional transactions over the last few months.

Investors would do well to note that of Viavi Solutions Inc.?s 229.40M outstanding shares, 225.84M are free float. Of the floating equities, short float is 5.11%, which calculates to short ratio of 3.40.