Q2 EPS Estimates for Aviat Networks Boosted by Analyst

Aviat Networks, Inc. (NASDAQ:AVNW) – Investment analysts at Northland Securities raised their Q2 2027 EPS estimates for Aviat Networks in a report released on Thursday, July 2nd. Northland Securities analyst T. Savageaux now expects that the communications equipment provider will earn $0.75 per share for the quarter, up from their prior estimate of $0.63. Northland Securities currently 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:AVNW) last announced its quarterly 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 the consensus estimate of $106.39 million. Aviat Networks had a net margin of 2.08% and a return on equity of 6.89%.

Other equities research analysts have also recently issued reports about the company. Weiss Ratings cut Aviat Networks from a “hold (c)” rating to a “sell (d)” rating in a report on Wednesday, May 6th. Lake Street Capital set a $31.00 price target on Aviat Networks and gave the company a “buy” rating in a research note on Tuesday, May 5th. Zacks Research cut Aviat Networks from a “hold” rating to a “strong sell” rating in a report on Friday, May 8th. Citizens Jmp reduced their price objective on 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. Finally, Rafferty Capital Markets started coverage on Aviat Networks in a report on Tuesday. They set a “buy” rating and a $36.00 price objective on the stock. Eight equities research analysts have rated the stock with a Buy rating and two have assigned a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $33.14.

Aviat Networks Stock Down 5.7%

AVNW opened at $21.17 on Friday. The firm has a 50-day simple moving average of $18.93 and a two-hundred day simple moving average of $21.63. Aviat Networks has a 52 week low of $13.92 and a 52 week high of $27.02. The company has a market capitalization of $273.92 million, a PE 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.

Institutional Trading of Aviat Networks

Hedge funds have recently made changes to their positions in the business. Raymond James Financial Inc. bought a new position in shares of Aviat Networks in the 2nd quarter valued at about $28,000. Quarry LP bought a new stake in Aviat Networks during the third quarter worth approximately $27,000. Potomac Capital Management Inc. purchased a new stake in Aviat Networks during the fourth quarter valued at approximately $43,000. BNP Paribas Financial Markets raised its position in Aviat Networks by 96.5% during the third 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. Finally, Fifth Third Bancorp bought a new stake in shares of Aviat Networks in the 1st quarter valued at approximately $53,000. 78.62% of the stock is currently owned by hedge funds and other institutional investors.

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.