Northland Securities Estimates Aviat Networks Q2 Earnings

Aviat Networks, Inc. (NASDAQ:AVNWFree Report) – Northland Securities boosted their Q2 2027 EPS estimates for shares of Aviat Networks in a note issued to investors on Thursday, July 2nd. Northland Securities analyst T. Savageaux now expects that the communications equipment provider will post earnings of $0.75 per share for the quarter, up from their prior forecast of $0.63. Northland Securities has a “Outperform” rating and a $30.00 price target on the stock. The consensus estimate for Aviat Networks’ current full-year earnings is $1.14 per share. Northland Securities also issued estimates for Aviat Networks’ Q3 2027 earnings at $0.69 EPS and FY2027 earnings at $2.39 EPS.

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

Several other analysts also recently commented on AVNW. Weiss Ratings downgraded Aviat Networks from a “hold (c)” rating to a “sell (d)” rating in a research note on Wednesday, May 6th. Craig Hallum started coverage on Aviat Networks in a research note on Tuesday. They issued a “buy” rating and a $36.00 price target for the company. Rafferty Capital Markets assumed coverage on Aviat Networks in a report on Tuesday. They set a “buy” rating and a $36.00 price target on the stock. Citigroup raised Aviat Networks to an “outperform” rating in a research report on Monday, June 15th. Finally, Lake Street Capital set a $31.00 target price on Aviat Networks and gave the stock a “buy” rating in a research report on Tuesday, May 5th. Eight equities research analysts have rated the stock with a Buy rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $33.14.

Read Our Latest Analysis on Aviat Networks

Aviat Networks Price Performance

Shares of AVNW opened at $21.17 on Friday. The company has a market capitalization of $273.92 million, a P/E ratio of 30.68 and a beta of 0.70. The company has a quick ratio of 1.67, a current ratio of 1.99 and a debt-to-equity ratio of 0.36. The firm has a 50 day moving average of $18.93 and a 200 day moving average of $21.63. Aviat Networks has a twelve month low of $13.92 and a twelve month high of $27.02.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the business. Quarry LP bought a new stake in Aviat Networks during the third quarter valued at about $27,000. Raymond James Financial Inc. bought a new stake in Aviat Networks during the 2nd quarter worth approximately $28,000. Potomac Capital Management Inc. purchased a new position in Aviat Networks during the fourth quarter valued at approximately $43,000. Comerica Bank increased its stake in shares of Aviat Networks by 40.2% in the first quarter. Comerica Bank now owns 2,720 shares of the communications equipment provider’s stock worth $52,000 after purchasing an additional 780 shares in the last quarter. Finally, BNP Paribas Financial Markets raised its position in shares of Aviat Networks by 96.5% during the 3rd quarter. BNP Paribas Financial Markets now owns 2,281 shares of the communications equipment provider’s stock valued at $52,000 after purchasing an additional 1,120 shares during the period. Hedge funds and other institutional investors own 78.62% of the company’s stock.

Aviat Networks Company Profile

(Get Free Report)

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.

Read More

Earnings History and Estimates for Aviat Networks (NASDAQ:AVNW)

Receive News & Ratings for Aviat Networks Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Aviat Networks and related companies with MarketBeat.com's FREE daily email newsletter.