Brokers Set Expectations for Aviat Networks Q1 Earnings

Aviat Networks, Inc. (NASDAQ:AVNW) – Northland Securities issued their Q1 2027 earnings per share (EPS) estimates for Aviat Networks in a research report issued on Tuesday, May 5th. Northland Securities analyst T. Savageaux anticipates that the communications equipment provider will post earnings of $0.33 per share for the quarter. Northland Securities has a “Market Perform” rating and a $20.00 price objective on the stock. The consensus estimate for Aviat Networks’ current full-year earnings is $1.95 per share. Northland Securities also issued estimates for Aviat Networks’ Q2 2027 earnings at $0.61 EPS and Q3 2027 earnings at $0.46 EPS.

A number of other equities research analysts have also weighed in on AVNW. Wall Street Zen lowered shares of Aviat Networks from a “buy” rating to a “hold” rating in a report on Sunday, April 26th. Weiss Ratings cut shares of Aviat Networks from a “hold (c)” rating to a “sell (d)” rating in a research report on Wednesday. Lake Street Capital set a $31.00 price target on shares of Aviat Networks and gave the stock a “buy” rating in a research note on Tuesday. Zacks Research upgraded Aviat Networks from a “strong sell” rating to a “hold” rating in a report on Friday, January 23rd. Finally, Roth Mkm dropped their target price on Aviat Networks from $41.00 to $38.00 and set a “buy” rating for the company in a report on Wednesday, February 4th. Four equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $30.00.

Aviat Networks Stock Down 0.9%

Shares of NASDAQ AVNW opened at $16.32 on Friday. Aviat Networks has a one year low of $13.92 and a one year high of $27.02. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.99 and a quick ratio of 1.56. The firm’s 50 day simple moving average is $23.07 and its two-hundred day simple moving average is $22.76. The stock has a market capitalization of $211.18 million, a P/E ratio of 23.65 and a beta of 0.82.

Aviat Networks (NASDAQ:AVNW) last announced its quarterly earnings data on Monday, May 4th. The communications equipment provider reported $0.06 earnings per share for the quarter, missing analysts’ consensus estimates of $0.42 by ($0.36). The firm had revenue of $100.00 million for the quarter, compared to analysts’ expectations of $106.39 million. Aviat Networks had a net margin of 2.08% and a return on equity of 6.89%.

Hedge Funds Weigh In On Aviat Networks

Several hedge funds and other institutional investors have recently modified their holdings of the company. Comerica Bank raised its stake in shares of Aviat Networks by 40.2% during the first quarter. Comerica Bank now owns 2,720 shares of the communications equipment provider’s stock valued at $52,000 after acquiring an additional 780 shares during the last quarter. BNP Paribas Financial Markets grew its stake in shares of Aviat Networks by 96.5% in the third quarter. BNP Paribas Financial Markets now owns 2,281 shares of the communications equipment provider’s stock worth $52,000 after purchasing an additional 1,120 shares during the last quarter. Rhumbline Advisers increased its holdings in Aviat Networks by 6.7% during the 2nd quarter. Rhumbline Advisers now owns 18,341 shares of the communications equipment provider’s stock valued at $441,000 after purchasing an additional 1,148 shares during the period. Raymond James Financial Inc. bought a new position in Aviat Networks during the 2nd quarter valued at approximately $28,000. Finally, Quarry LP bought a new position in Aviat Networks during the 3rd quarter valued at approximately $27,000. 78.62% of the stock is owned by institutional investors.

Insider Buying and Selling

In other Aviat Networks news, CEO Pete A. Smith sold 17,086 shares of the stock in a transaction on Monday, February 9th. The shares were sold at an average price of $26.33, for a total transaction of $449,874.38. Following the completion of the sale, the chief executive officer owned 358,747 shares of the company’s stock, valued at $9,445,808.51. This represents a 4.55% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 5.30% of the stock is owned by corporate insiders.

About Aviat Networks

Aviat Networks, Inc is a specialist in wireless transport solutions, designing, manufacturing and selling microwave networking products that enable the secure and reliable transmission of data, voice and video. The company’s offerings address mission-critical communications needs for a broad range of end markets, including telecommunications service providers, utilities, government agencies and enterprises. Its product portfolio spans high-capacity packet microwave radios, IP transport systems and network management software.

Aviat’s core product lines include the WTM series of packet microwave platforms, which deliver scalable throughput and advanced resilience features, and the Eclipse packet microwave systems, which combine broadband capacity with synchronization, security and quality-of-service capabilities.