VIAV

Viavi Solutions Inc

TMT, Industrial/Transportation


Presented:02/17/2021
Price:$16.65
Cap:$3.81B
Current Price:$9.20
Cap:$2.04B

Presented

Date02/17/2021
Price$16.65
Market Cap$3.81B
Ent Value$3.48B
P/E Ratio128.27x
Book Value$3.51
Div Yield0%
Shares O/S228.73M
Ave Daily Vol1,987,031
Short Int6.62%

Current

Price$9.20
Market Cap$2.04B
Viavi Solutions, Inc. engages in the provision of network test, monitoring, and assurance solutions for communications service providers, enterprises, network equipment manufacturers, government and avionics. It operates through the following segments: Network Enablement, Service Enablement, and Optical Security and Performance. The Network Enablement segment offers integrated portfolio of testing solutions that access the network to perform build-out and maintenance tasks. The Service Enablement segment covers solutions and services primarily for communication service providers, and enterprises that deliver and/or operate broadband and IP networks (fixed and mobile) supporting voice, video, and data services as well as a wide range of applications. The Optical Security and Performance segment leverages its core optical coating technologies and volume manufacturing capability to design, manufacture, and sell products targeting anti-counterfeiting, consumer and industrial, government, healthcare, and other markets. The company was founded in 1979 and is headquartered in San Jose, CA.

Publicly traded companies mentioned herein: Apple Inc (AAPL), Keysight Technologies Inc (KEYS), Samsung Electronics Co Ltd (005930 KS), Viavi Solutions Inc (VIAV)

Highlights

The presenter is long shares of Viavi Solutions Inc (VIAV) and believes the company stands to benefit from the 5G rollout and the ongoing adoption of 3D sensing. For FY23 (VIAV has a June FY), he believes the company should generate $1.30 in earnings. Applying a 25x multiple to that estimate implies a price target $32.50/share or ~96% upside from today’s current price of ~$16.50/share. 

  • Signing up and creating account with us unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

  • Signing up and creating account with us unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

Request access to DeMatteo Research for full access

Request Access

Already have an account?

Idea Discussion

Commentor 1 - 2 weeks ago

Signing up and creating account with us, unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

Commentor 1 - 2 weeks ago

Signing up and creating account with us, unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

Idea Discussions display submitted commentary from our investor community.

To read and participate in the discussion with the presenter and investor base, request access to DeMatteo

Request Access

Already have an account?

An error occurred loading this content. Try again later or contact us.