FY2027 EPS Estimates for Aviat Networks Boosted by Analyst

Aviat Networks, Inc. (NASDAQ:AVNW) – Research analysts at Northland Securities upped their FY2027 EPS estimates for shares of Aviat Networks in a note issued to investors on Monday, June 15th. Northland Securities analyst T. Savageaux now forecasts that the communications equipment provider will post earnings of $2.27 per share for the year, up from their previous forecast of $2.06. Northland Securities currently has a “Outperform” rating and a $25.00 target price on the stock. The consensus estimate for Aviat Networks’ current full-year earnings is $1.14 per share.

A number of other analysts have also recently weighed in on the stock. Lake Street Capital set a $31.00 price target on shares of Aviat Networks and gave the stock a “buy” rating in a research report on Tuesday, May 5th. Weiss Ratings cut shares of Aviat Networks from a “hold (c)” rating to a “sell (d)” rating in a research report on Wednesday, May 6th. Citigroup raised shares of Aviat Networks to an “outperform” rating in a research report on Monday. Zacks Research cut shares of Aviat Networks from a “hold” rating to a “strong sell” rating in a research report on Friday, May 8th. Finally, Citizens Jmp decreased their price target on shares of Aviat Networks from $30.00 to $25.00 and set a “market outperform” rating for the company in a research report on Wednesday, May 6th. Six research analysts have rated the stock with a Buy rating and two have given a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $31.00.

Aviat Networks Stock Down 2.7%

Shares of Aviat Networks stock opened at $20.56 on Wednesday. The company has a fifty day moving average price of $19.22 and a 200 day moving average price of $21.68. The company has a current ratio of 1.99, a quick ratio of 1.67 and a debt-to-equity ratio of 0.36. Aviat Networks has a twelve month low of $13.92 and a twelve month high of $27.02. The stock has a market cap of $266.05 million, a price-to-earnings ratio of 29.80 and a beta of 0.74.

Aviat Networks (NASDAQ:AVNW) last announced its quarterly earnings results 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). Aviat Networks had a return on equity of 6.89% and a net margin of 2.08%.The business had revenue of $100.00 million for the quarter, compared to analysts’ expectations of $106.39 million.

Hedge Funds Weigh In On Aviat Networks

A number of institutional investors and hedge funds have recently added to or reduced their stakes in AVNW. Quarry LP purchased a new position in Aviat Networks in the 3rd quarter valued at about $27,000. Raymond James Financial Inc. purchased a new position in Aviat Networks in the 2nd quarter valued at about $28,000. Potomac Capital Management Inc. purchased a new position in Aviat Networks in the 4th quarter valued at about $43,000. Comerica Bank boosted its position in Aviat Networks by 40.2% in the 1st quarter. Comerica Bank now owns 2,720 shares of the communications equipment provider’s stock valued at $52,000 after buying an additional 780 shares during the last quarter. Finally, BNP Paribas Financial Markets boosted its position in Aviat Networks by 96.5% in the 3rd quarter. BNP Paribas Financial Markets now owns 2,281 shares of the communications equipment provider’s stock valued at $52,000 after buying an additional 1,120 shares during the last quarter. 78.62% of the stock is owned by hedge funds and other institutional investors.

Aviat Networks Company Profile

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.