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

Aviat Networks, Inc. (NASDAQ:AVNW) – Equities research analysts at Northland Capmk decreased their FY2024 earnings estimates for Aviat Networks in a research note 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 previous forecast 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 brokerages have also weighed in on AVNW. Lake Street Capital reissued a “buy” rating and issued a $51.00 price objective on shares of Aviat Networks in a research report on Friday, July 5th. Northland Securities reissued an “outperform” rating and issued 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 shares of Aviat Networks from $55.00 to $42.00 and set a “buy” rating on the stock in a research report on Friday. Finally, StockNews.com raised shares of Aviat Networks from a “buy” rating to a “strong-buy” rating in a research report on Wednesday, September 11th. Four research analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, Aviat Networks presently has an average rating of “Buy” and a consensus target price of $45.75.

Aviat Networks Price Performance

Shares of AVNW opened at $22.09 on Monday. The firm has a market capitalization of $277.56 million, a PE ratio of 19.55 and a beta of 1.81. The company’s 50-day moving average is $27.46 and its 200-day moving average is $30.68. Aviat Networks has a fifty-two week low of $18.00 and a fifty-two week high of $38.85. The company has a debt-to-equity ratio of 0.18, a current ratio of 2.12 and a quick ratio of 1.79.

Hedge Funds Weigh In On Aviat Networks

A number of hedge funds have recently bought and sold shares of AVNW. Panagora Asset Management Inc. bought a new position in Aviat Networks during the fourth quarter worth about $590,000. Dynamic Technology Lab Private Ltd bought a new position in Aviat Networks in the 4th quarter valued at about $400,000. Trexquant Investment LP bought a new position in Aviat Networks in the 4th quarter valued at about $569,000. Millrace Asset Group Inc. bought a new position in Aviat Networks in the 4th quarter valued at about $1,617,000. Finally, Campbell & CO Investment Adviser LLC increased its holdings in Aviat Networks by 39.1% in the 4th quarter. Campbell & CO Investment Adviser LLC now owns 23,664 shares of the communications equipment provider’s stock valued at $773,000 after buying an additional 6,648 shares during the period. 78.62% of the stock is owned by institutional investors.

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.