FY2027 EPS Estimates for Aviat Networks Increased by Analyst

Aviat Networks, Inc. (NASDAQ:AVNW) – Equities research analysts at Northland Securities boosted their FY2027 EPS estimates for shares of Aviat Networks in a research note issued to investors on Monday, June 15th. Northland Securities analyst T. Savageaux now forecasts that the communications equipment provider will earn $2.27 per share for the year, up from their prior estimate 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.

Other equities research analysts have also issued research reports about the stock. Citizens Jmp cut their target price on shares of Aviat Networks from $30.00 to $25.00 and set a “market outperform” rating on the stock in a research note on Wednesday, May 6th. Lake Street Capital set a $31.00 target price on shares of Aviat Networks and gave the company a “buy” rating in a research note on Tuesday, May 5th. Citigroup upgraded shares of Aviat Networks to an “outperform” rating in a research note on Monday. Zacks Research lowered shares of Aviat Networks from a “hold” rating to a “strong sell” rating in a research note on Friday, May 8th. Finally, Wall Street Zen lowered shares of Aviat Networks from a “buy” rating to a “hold” rating in a research note on Sunday, April 26th. Six equities research analysts have rated the stock with a Buy rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, Aviat Networks currently has a consensus rating of “Moderate Buy” and a consensus target price of $31.00.

Aviat Networks Stock Performance

Shares of Aviat Networks stock opened at $20.56 on Wednesday. The firm has a market cap of $266.05 million, a PE ratio of 29.80 and a beta of 0.74. The firm’s 50-day simple moving average is $19.22 and its 200-day simple moving average is $21.68. The company has a debt-to-equity ratio of 0.36, a quick ratio of 1.67 and a current ratio of 1.99. Aviat Networks has a 1 year low of $13.92 and a 1 year high of $27.02.

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

Institutional Investors Weigh In On Aviat Networks

Institutional investors have recently modified their holdings of the business. Pacific Ridge Capital Partners LLC grew its position in shares of Aviat Networks by 34.5% during the 3rd quarter. Pacific Ridge Capital Partners LLC now owns 311,254 shares of the communications equipment provider’s stock valued at $7,137,000 after buying an additional 79,774 shares during the last quarter. Weber Capital Management LLC ADV bought a new stake in shares of Aviat Networks during the 4th quarter valued at about $3,099,000. Western Standard LLC grew its position in shares of Aviat Networks by 84.5% during the 4th 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. White Pine Capital LLC grew its position in shares of Aviat Networks by 95.4% during the 3rd quarter. White Pine Capital LLC now owns 54,926 shares of the communications equipment provider’s stock valued at $1,259,000 after buying an additional 26,813 shares during the last quarter. Finally, Acuitas Investments LLC grew its position in shares of Aviat Networks by 100.1% during the 3rd quarter. Acuitas Investments LLC now owns 63,377 shares of the communications equipment provider’s stock valued at $1,453,000 after buying an additional 31,700 shares during the last quarter. Institutional investors own 78.62% of the company’s stock.

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.