With 2.5 million shares changed hands, the volume of the stock remained heavier than its average volume of 2.15 million shares. The 52-week range on VIAV shows that it touched its highest point at $11.65 and its lowest point at $7.26 during that stretch. It currently has a 1-year price target of $13.17. Beta for the stock currently stands at 0.96.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of VIAV was down-trending over the past week, with a drop of -2.07%, but this was down by -1.46% over a month. Three-month performance dropped to -3.47% while six-month performance rose 3.50%. The stock lost -8.94% in the past year, while it has lost -5.96% so far this year. A look at the trailing 12-month EPS for VIAV yields 0.02 with Next year EPS estimates of 0.56. For the next quarter, that number is 0.07. This implies an EPS growth rate of -31.71% for this year and 48.31% for next year.
Float and Shares Shorts:
At present, 222.00 million VIAV shares are outstanding with a float of 219.39 million shares on hand for trading. On Feb 29, 2024, short shares totaled 5.88 million, which was 2.64% higher than short shares on Jan 31, 2024.
Institutional Ownership:
Through their ownership of 96.68% of VIAV’s outstanding shares, institutional investors have majority control over the company.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for VIAV since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.
Dividends & Yield:
In terms of dividends, VIAV has a current ratio of $––, which is $–– over the trailing 12-months, while a dividend of $–– is likely to be paid on average over the next five years. Dividend yield is another indicator that appeals to many investors, and VIAV currently yields $0.00. In the past year, VIAV’s dividend yield has been $0.00, but when looking at the stock over the past five years, its yield has been $–. Accordingly, VIAV has a current buyback yield of $2.37. This was $2.37 for the TTM, and it was $1.02 for the past five years.
