A sales/assets ratio of 2.50 means the company generated $2.50 in revenue for every $1.00 of assets on its books. Get Wall Street analysts ratings for Viavi Solutions Inc. (VIAV). The sector with the worst average Zacks Rank (16 out of 16) would place in the bottom 1%. A D/E ratio of 1 means its debt is equivalent to its common equity. A higher number means the company has more debt to equity, whereas a lower number means it has less debt to equity. Like earnings, a higher growth rate is better than a lower growth rate. While our testing has found that a P/S ratio of <2 is the optimum range for returns, be sure to compare this ratio to its respective industry. Copyright 2021 Zacks Investment Research | 10 S Riverside Plaza Suite #1600 | Chicago, IL 60606. Cash flow itself is an important item on the income statement. The Momentum Scorecard table also displays the values for its respective Industry along with the values and Momentum Score of its three closest peers. Long term indicators on average place the stock in the category of 100% Buy. This is also commonly referred to as the Asset Utilization ratio. The X Industry (aka Expanded Industry) is a subset of the M (Medium Sized) Industry, which is a subset of the larger Sector category, which is used to classify all of the stocks in the Zacks Universe. Others will look for a pullback on the week as a good entry point, assuming the longer-term price changes (4 week, 12 weeks, etc.) And within the M Industry, it might further be delineated into the X Industry group called Banks Northeast. The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The 4 week price change is a good reference point for the individual stock and how it's performed in relation to its peers. Investors use this metric to determine how a company's stock price stacks up to its intrinsic value. To learn more, click here. This allows the investor to be as broad or as specific as they want to be when selecting stocks. Viavi Solutions (NASDAQ:VIAV) has had a great run on the share market with its stock up by a significant 25% over the last three months. A ratio of 1 means a company's assets are equal to its liabilities. This item is updated at 9 pm EST each day. Needham & Company LLC is very positive to VIAV and gave it a "Buy" rating on January 12, 2021. The Lumentum Holdings Inc. stock price gained 1.85% on the last trading day (Friday, 8th Jan 2021), rising from $104.61 to $106.55. Viavi Solutions (NASDAQ:VIAV) had its target price upped by research analysts at Needham & Company LLC from $16.00 to $18.00 in a research note issued to investors on Tuesday, Anlyst Ratings reports. Marvell Technology Group updated its first quarter 2020 earnings guidance on Thursday, March, 7th. A 'good' number would usually fall within the range of 1.5 to 3. That average rankin The income number is listed on a company's Income Statement. The VGM Score are a complementary set of indicators to use alongside the Zacks Rank. All users should speak with their financial advisor before buying or selling any securities. The technique has proven to be very useful for finding positive surprises. The 1 Week Price Change displays the percentage price change over the last 5 trading days using the most recently completed close to the close from 5 days before. Regardless of the many ways investors use this item, whether looking at a stock's price change, an index's return, or a portfolio manager's performance, this time-frame is a common judging metric in the financial industry. Viavi also offers high-performance thin film optical coatings for light-management solutions used in anti-counterfeiting, 3D sensing, electronics, automotive, defense and instrumentation markets.The company has three operating segments: Network Enablement (NE), Service Enablement (SE), and Optical Security and Performance Products (OSP). A strong weekly advance (especially when accompanied by increased volume) is a sought after metric for putting potential momentum stocks onto one's radar. But, it's made even more meaningful when looking at the longer-term 4 week percent change. Viavi Solutions stock gains after Needham upgrades to buy Aug. 13, 2018 at 8:50 a.m. "StockInvest.us" is a research service that provides financial data and technical analysis of publicly traded stocks. The 20 day average establishes this baseline. The (F1) EPS Estimate Weekly Change calculates the percentage change in the consensus earnings estimate for the current year (F1) over the last week. Enterprise Value (EV) is Market Capitalization + Debt - Cash. The scores are based on the trading styles of Value, Growth, and Momentum. Current Cash Flow Growth measures the percent change in the year over year Cash Flow. Conventional wisdom says that a PEG ratio of 1 or less is considered good (at par or undervalued to its growth rate). Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Viavi Solutions Inc. stock to perform well in the short-term. The Value Scorecard identifies the stocks most likely to outperform based on its valuation metrics. The sector with the best average Zacks Rank would be considered the top sector (1 out of 16), which would place it in the top 1% of Zacks Ranked Sectors. In total, 3 million shares were bought and sold for approximately $47.51 million. A yield of 8.57% also means 8.57 cents of earnings for $1 of investment. Red day on Friday for Himax Technologies (Updated on January 08, 2021) Buy or Hold candidate since 2020-11-05 Gain 97.88% PDF . If you do not, click Cancel. This list of both classic and unconventional valuation items helps separate which stocks are overvalued, rightly lowly valued, and temporarily undervalued which are poised to move higher. It takes the consensus sales estimate for the current fiscal year (F1) divided by the sales for the last completed fiscal year (F0) (actual if reported, the consensus if not). Support: $14.74, Viavi Solutions Inc. provides network test, monitoring, and assurance solutions to communications service providers, and enterprises and their ecosystems worldwide. The Viavi Solutions Inc. stock price fell by -0.13% on the last day (Thursday, 14th Jan 2021) from $15.84 to $15.82. It is essentially the inverse of the P/E ratio. Learn more about Zacks Equity Research reports. See the Full List of Stocks To Beat Earnings, Headquartered in San Jose, CA, Viavi Solutions Inc. is a leading provider of network test, monitoring and service enablement solutions to diverse sectors across the globe. The price has risen in 7 of the last 10 days and is up by 7.04% over the past 2 weeks. It's then divided by the number of shares outstanding to determine how much cash is generated per share. The average price target is $15.857, which means analysts expect the stock to rise by 24.08% over the next twelve months. The average price target is $15.857, which means analysts expect the stock to climb by 24.56% over the next twelve months. On corrections down, there will be some support from the lines at $15.62 and $14.39. In fact, when combining a Zacks Rank #3 or better and a positive Earnings ESP, stocks produced a positive surprise 70% of the time, while they also saw 28.3% annual returns on average, according to our 10 year backtest. This may be an early warning and the risk will be increased slightly over the next couple of days. The Projected Sales Growth (F1/F0) looks at the estimated growth rate for the current year. Growth traders and investors will tend to look for growth rates of 20% or higher. It is used to help gauge a company's financial health. Visit www.zacksdata.com to get our data and content for your mobile app or website. While the hover-quote on Zacks.com, as well as the various tables, displays the delayed intraday quote and price change, this display shows the daily change as of the most recently completed trading day. Viavi's operating margins at 14.8% increased 10 basis points year on year and was within the guidance range of 14.5% to 16.5%. It's used by investors as a measure of financial health. Viavi’s OVP, OVMP and banknote thread substrates are widely used by banknote issuers and security printers worldwide for anti-counterfeiting applications on banknotes and other high-value documents. Conventional wisdom also has it that if the yield on the stock market (S&P 500 for example) is lower that the yield on the 10 Yr., then stocks would be considered overvalued. Including the Zacks Rank, Zacks Industry Rank, Style Scores, the Price, Consensus & Surprise chart, graphical estimate analysis and how a stocks stacks up to its peers. Of course, different industries will have different growth rates that are considered good. When comparing this ratio to different stocks in different industries, take note that some businesses are more capital intensive than others. This together with the fact that the stock is in the upper part of the trend poses a possible good selling opportunity for the short-term trader. It's typically categorized as a valuation metric and is most often quoted as Cash Flow per Share and as a Price to Cash flow ratio. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style. It also offers various product support and professional services such as repair, calibration, software support, technical and consulting services, project management, and implementation.SE (7.5%): It provides embedded systems and enterprise performance management solutions that offer visibility into network, service and application data. It also develops 3D sensing optical filters that utilize proprietary printing platform for pharmaceutical and consumer-electronics markets. This is useful for obvious reasons, but can also put the current day's intraday gains into better context by knowing if the recently completed trading day was up or down. Zacks # 1 Rank ( Strong Buy rating so, as with other valuation metrics will... 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