Aviat Networks Q4 EPS Estimate Cut by Northland Securities

Aviat Networks, Inc. (NASDAQ:AVNW) – Northland Securities lowered their Q4 2027 earnings per share (EPS) estimates for Aviat Networks in a research note issued on Thursday, July 2nd. Northland Securities analyst T. Savageaux now anticipates that the communications equipment provider will earn $0.62 per share for the quarter, down from their prior forecast of $0.76. Northland Securities has a “Outperform” rating and a $30.00 price objective on the stock. The consensus estimate for Aviat Networks’ current full-year earnings is $1.14 per share.

AVNW has been the subject of several other reports. Wall Street Zen lowered shares of Aviat Networks from a “buy” rating to a “hold” rating in a research 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, May 6th. Lake Street Capital set a $31.00 price target on shares of Aviat Networks and gave the stock a “buy” rating in a report on Tuesday, May 5th. Zacks Research lowered Aviat Networks from a “hold” rating to a “strong sell” rating in a report on Friday, May 8th. Finally, Citizens Jmp lowered their price objective on 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. Eight research analysts have rated the stock with a Buy rating and two have assigned a Sell rating to the company. According to data from MarketBeat, Aviat Networks has an average rating of “Moderate Buy” and an average target price of $33.14.

Aviat Networks Price Performance

Shares of AVNW stock opened at $21.16 on Tuesday. The stock’s 50-day moving average is $18.87 and its 200 day moving average is $21.63. Aviat Networks has a 1-year low of $13.92 and a 1-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 1.67. The company has a market cap of $273.75 million, a P/E ratio of 30.83 and a beta of 0.70.

Aviat Networks (NASDAQ:AVNW) last released its quarterly earnings results on Monday, May 4th. The communications equipment provider reported $0.06 EPS for the quarter, missing the consensus estimate of $0.42 by ($0.36). The company had revenue of $100.00 million during the quarter, compared to the consensus estimate of $106.39 million. Aviat Networks had a return on equity of 6.89% and a net margin of 2.08%.

Institutional Investors Weigh In On Aviat Networks

A number of large investors have recently made changes to their positions in the stock. Vanguard Group Inc. raised its stake in Aviat Networks by 1.2% in the 3rd quarter. Vanguard Group Inc. now owns 700,233 shares of the communications equipment provider’s stock worth $16,056,000 after acquiring an additional 8,179 shares during the last quarter. Royce & Associates LP raised its stake in shares of Aviat Networks by 8.5% in the fourth quarter. Royce & Associates LP now owns 648,235 shares of the communications equipment provider’s stock worth $13,859,000 after purchasing an additional 51,000 shares during the last quarter. First Wilshire Securities Management Inc. raised its stake in shares of Aviat Networks by 1.0% in the first quarter. First Wilshire Securities Management Inc. now owns 529,533 shares of the communications equipment provider’s stock worth $11,973,000 after purchasing an additional 5,302 shares during the last quarter. Western Standard LLC boosted its position in Aviat Networks by 84.5% in the fourth quarter. Western Standard LLC now owns 494,238 shares of the communications equipment provider’s stock valued at $10,567,000 after buying an additional 226,332 shares during the last quarter. Finally, Kennedy Capital Management LLC increased its holdings in Aviat Networks by 5.8% in the 3rd quarter. Kennedy Capital Management LLC now owns 445,947 shares of the communications equipment provider’s stock worth $10,226,000 after buying an additional 24,284 shares during the period. 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.