FY2024 Earnings Estimate for Aviat Networks, Inc. Issued By Northland Capmk (NASDAQ:AVNW)

Aviat Networks, Inc. (NASDAQ:AVNW) – Stock analysts at Northland Capmk reduced their FY2024 earnings per share estimates for shares of Aviat Networks in a research report issued on Friday, September 13th. Northland Capmk analyst T. Savageaux now forecasts that the communications equipment provider will earn $2.75 per share for the year, down from their prior estimate of $3.05. The consensus estimate for Aviat Networks’ current full-year earnings is $2.84 per share. Northland Capmk also issued estimates for Aviat Networks’ Q3 2025 earnings at $0.74 EPS and Q4 2025 earnings at $0.93 EPS.

Several other equities analysts have also recently weighed in on the stock. Northland Securities reiterated an “outperform” rating and set a $40.00 price objective (down from $50.00) on shares of Aviat Networks in a research report on Friday. B. Riley lowered their price target on Aviat Networks from $55.00 to $42.00 and set a “buy” rating on the stock in a report on Friday. StockNews.com raised Aviat Networks from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, September 11th. Finally, Lake Street Capital restated a “buy” rating and set a $51.00 price objective on shares of Aviat Networks in a research report on Friday, July 5th. Four investment analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Buy” and an average target price of $45.75.

Aviat Networks Stock Performance

Aviat Networks stock opened at $21.34 on Monday. The company has a debt-to-equity ratio of 0.18, a current ratio of 2.12 and a quick ratio of 1.79. The company has a market cap of $268.14 million, a P/E ratio of 18.88 and a beta of 1.81. Aviat Networks has a fifty-two week low of $18.00 and a fifty-two week high of $38.85. The firm’s 50 day simple moving average is $27.57 and its 200-day simple moving average is $30.77.

Institutional Trading of Aviat Networks

A number of institutional investors have recently bought and sold shares of AVNW. Anchor Capital Advisors LLC purchased a new stake in shares of Aviat Networks during the 1st quarter worth about $1,330,000. Intrinsic Edge Capital Management LLC raised its position in Aviat Networks by 80.9% during the fourth quarter. Intrinsic Edge Capital Management LLC now owns 67,100 shares of the communications equipment provider’s stock valued at $2,191,000 after acquiring an additional 30,000 shares in the last quarter. Millrace Asset Group Inc. acquired a new stake in Aviat Networks in the fourth quarter valued at approximately $1,617,000. Panagora Asset Management Inc. bought a new stake in Aviat Networks in the fourth quarter worth approximately $590,000. Finally, Vanguard Group Inc. increased its stake in shares of Aviat Networks by 2.2% during the 1st quarter. Vanguard Group Inc. now owns 552,071 shares of the communications equipment provider’s stock worth $21,166,000 after purchasing an additional 11,662 shares during the last quarter. Institutional investors and hedge funds own 78.62% of the company’s stock.

Aviat Networks Company Profile

Aviat Networks, Inc provides microwave networking and wireless access networking solutions in North America, Africa, the Middle East, Europe, Latin America, and the Asia Pacific. The company offers outdoor, indoor, and split-mount radios; microwave routers, switches, and trunking; and private LTE, virtual fiber, and element management products; and hosted software products, such as aviat design, frequency assurance software, and health assurance software.