Northland Securities Weighs in on Aviat Networks Q4 Earnings

Aviat Networks, Inc. (NASDAQ:AVNW) – Research analysts at Northland Securities decreased their Q4 2027 earnings per share (EPS) estimates for Aviat Networks in a report issued on Thursday, July 2nd. Northland Securities analyst T. Savageaux now forecasts that the communications equipment provider will post earnings of $0.62 per share for the quarter, down from their prior estimate 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 topic of several other research reports. Lake Street Capital set a $31.00 price target on shares of Aviat Networks and gave the company a “buy” rating in a research report on Tuesday, May 5th. Zacks Research lowered shares of Aviat Networks from a “hold” rating to a “strong sell” rating in a research note on Friday, May 8th. Craig Hallum started coverage on Aviat Networks in a research report on Tuesday, June 30th. They set a “buy” rating and a $36.00 target price on the stock. Rafferty Capital Markets began coverage on Aviat Networks in a research note on Tuesday, June 30th. They issued a “buy” rating and a $36.00 price target for the company. Finally, Wall Street Zen lowered Aviat Networks from a “buy” rating to a “hold” rating in a research note on Sunday, April 26th. 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.com, Aviat Networks presently has an average rating of “Moderate Buy” and an average target price of $33.14.

Aviat Networks Stock Performance

AVNW opened at $21.16 on Tuesday. The firm has a fifty day moving average price of $18.87 and a 200 day moving average price of $21.63. Aviat Networks has a 1 year low of $13.92 and a 1 year high of $27.02. The stock has a market cap of $273.75 million, a P/E ratio of 30.83 and a beta of 0.70. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.99 and a quick ratio of 1.67.

Aviat Networks (NASDAQ:AVNW) last issued its quarterly earnings data on Monday, May 4th. The communications equipment provider reported $0.06 EPS for the quarter, missing analysts’ consensus estimates of $0.42 by ($0.36). The firm had revenue of $100.00 million for the quarter, compared to analyst estimates 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

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Weber Capital Management LLC ADV acquired a new position in Aviat Networks during the fourth quarter worth $3,099,000. Western Standard LLC grew its position in shares of 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 purchasing an additional 226,332 shares during the period. North Star Investment Management Corp. purchased a new stake in shares of Aviat Networks during the first quarter worth about $610,000. Pacific Ridge Capital Partners LLC increased its stake in shares of Aviat Networks by 19.3% during the fourth quarter. Pacific Ridge Capital Partners LLC now owns 371,258 shares of the communications equipment provider’s stock worth $7,937,000 after purchasing an additional 60,004 shares in the last quarter. Finally, Royce & Associates LP raised its position in shares of Aviat Networks by 8.5% during the 4th 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. Hedge funds and other institutional investors own 78.62% of the company’s stock.

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.