NASDAQ:AVNW

Aviat Networks (AVNW) Stock Forecast, Price & News

$30.97

-0.23 (-0.74%)

(As of 10/2/2023 ET)

Compare

Today's Range: $30.62
▼
$31.24
50-Day Range: $27.78
▼
$36.15
52-Week Range: $21.15
▼
$39.80

Volume: 62,747 shs
Average Volume: 70,609 shs
Market Capitalization: $362.97 million

P/E Ratio: 32.60
Dividend Yield: N/A
Price Target: $54.75

Aviat Networks MarketRank™ Forecast

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 76.8% Upside
$54.75 Price Target
Short Interest: Bearish
2.89% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.80
Based on 3 Articles This Week
Insider Trading: Selling Shares
$641,583 Sold Last Quarter
Proj. Earnings Growth: N/A

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.24 out of 5 stars

Computer And Technology Sector

316th out of 612 stocks

Radio & T.V. Communications Equipment Industry

15th out of 23 stocks

3.5

Analyst's Opinion

Consensus Rating
Aviat Networks has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 4 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $54.75, Aviat Networks has a forecasted upside of 76.8% from its current price of $30.97.
Amount of Analyst Coverage
Aviat Networks has only been the subject of 3 research reports in the past 90 days.

2.0

Short Interest

Percentage of Shares Shorted
2.89% of the float of Aviat Networks has been sold short.
Short Interest Ratio / Days to Cover
Aviat Networks has a short interest ratio ("days to cover") of 4.6.
Change versus previous month
Short interest in Aviat Networks has recently increased by 1.99%, indicating that investor sentiment is decreasing.

0.0

Dividend Strength

Dividend Yield
Aviat Networks does not currently pay a dividend.
Dividend Growth
Aviat Networks does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for AVNW.

2.7

News and Social Media Coverage

News Sentiment
Aviat Networks has a news sentiment score of 0.80. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.63 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 3 news articles for Aviat Networks this week, compared to 2 articles on an average week.
MarketBeat Follows
Only 2 people have added Aviat Networks to their MarketBeat watchlist in the last 30 days. This is a decrease of -33% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Aviat Networks insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $641,583.00 in company stock.
Percentage Held by Insiders
Only 5.70% of the stock of Aviat Networks is held by insiders.
Percentage Held by Institutions
76.55% of the stock of Aviat Networks is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Aviat Networks is 32.60, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 114.49.
Price to Earnings Ratio vs. Sector
The P/E ratio of Aviat Networks is 32.60, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 242.57.
Price to Book Value per Share Ratio
Aviat Networks has a P/B Ratio of 1.61. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Aviat Networks (NASDAQ:AVNW) Stock

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. It also provides project services, which includes design and engineering, site and path surveys, assembly and integrations, project management, and install and commission; and managed services, such as network and interface monitoring, network health, onsite maintenance, and remote upgrades. In addition, the company offers support services, including extended warranty, warranty plus, provision support, and license key management, as well as instructor and virtual instructor led training, e-learning and certification services. It serves communications service providers and private network operators, including federal, state and local government agencies, transportation agencies, energy and utility companies, public safety agencies, and broadcast network operators. The company markets its products through a direct sales, service, and support organization; indirect sales channels comprising dealers, resellers, and sales representatives; and through online. Aviat Networks, Inc. company was incorporated in 2006 and is headquartered in Austin, Texas.

AVNW Price History

30 days | 90 days | 365 days | Advanced Chart

AVNW Stock News Headlines

September 26, 2023 | americanbankingnews.com

Aviat Networks' (AVNW) Market Outperform Rating Reaffirmed at JMP Securities

September 25, 2023 | markets.businessinsider.com

Where Aviat Networks Stands With Analysts

October 2, 2023 | Legacy Research (Ad)

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September 22, 2023 | finance.yahoo.com

Zacks Industry Outlook Highlights Motorola Solutions, Ubiquiti and Aviat Networks

September 21, 2023 | finance.yahoo.com

Aviat Networks Secures $50 Million in Orders from Two New U.S. Statewide Public Safety Projects

September 21, 2023 | markets.businessinsider.com

Aviat Networks Lands $50M In Orders for Two US Public Safety Projects

September 15, 2023 | markets.businessinsider.com

Analysts Are Bullish on Top Technology Stocks: Asure (ASUR), Aviat Networks (AVNW)

September 14, 2023 | markets.businessinsider.com

Lake Street Reaffirms Their Buy Rating on Aviat Networks (AVNW)

October 2, 2023 | Legacy Research (Ad)

Elon Did It Again: This Could be Bigger than Tesla

September 9, 2023 | finance.yahoo.com

Insider Sell: Sr VP and CFO David Gray Sells 206 Shares of Aviat Networks Inc

September 4, 2023 | finance.yahoo.com

Has Aviat Networks, Inc.'s (NASDAQ:AVNW) Impressive Stock Performance Got Anything to Do With Its Fundamentals?

August 31, 2023 | finance.yahoo.com

Aviat (AVNW) to Help Modernize Hoosier's Transmission Network

August 30, 2023 | finance.yahoo.com

Hoosier Energy selects Aviat Networks for Network Modernization Project

August 25, 2023 | msn.com

B. Riley Securities Maintains Aviat Networks (AVNW) Buy Recommendation

August 24, 2023 | markets.businessinsider.com

JMP Securities Keeps Their Buy Rating on Aviat Networks (AVNW)

August 24, 2023 | markets.businessinsider.com

Analyst Expectations for Aviat Networks's Future

August 24, 2023 | finance.yahoo.com

Aviat Networks, Inc. (NASDAQ:AVNW) Q4 2023 Earnings Call Transcript

August 24, 2023 | finance.yahoo.com

Why Aviat Networks Stock Is Soaring Today

August 24, 2023 | finance.yahoo.com

Aviat Networks (AVNW): A Fairly Valued Stock in the Hardware Industry

August 24, 2023 | finance.yahoo.com

Q4 2023 Aviat Networks Inc Earnings Call

August 24, 2023 | finanznachrichten.de

Aviat Networks, Inc.: Aviat Networks Announces Fiscal 2023 Fourth Quarter and Twelve Months Financial Results

August 23, 2023 | markets.businessinsider.com

Aviat Networks Inc. Q4 Profit Decreases, but beats estimates

August 23, 2023 | finance.yahoo.com

Aviat Networks Announces Fiscal 2023 Fourth Quarter and Twelve Months Financial Results

August 22, 2023 | seekingalpha.com

Aviat Networks Q4 2023 Earnings Preview

August 22, 2023 | benzinga.com

Earnings Outlook For Aviat Networks

August 14, 2023 | finance.yahoo.com

Aviat Networks' (NASDAQ:AVNW) investors will be pleased with their impressive 264% return over the last five years

August 10, 2023 | stocknews.com

3 Tech Stocks to Watch for Possible Growth in August

See More Headlines

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AVNW Company Calendar

Last Earnings: 8/23/2023
Today: 10/02/2023
Next Earnings (Estimated): 11/01/2023
Fiscal Year End: 6/30/2024

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Radio & t.v. communications equipment
Sub-Industry: Communications Equipment
Sector: Computer and Technology
Current Symbol: NASDAQ:AVNW
CUSIP: 05366Y10
CIK: 1377789
Web: www.aviatnetworks.com
Phone: (408) 941-7100
Fax: 512-827-0350
Employees: 685
Year Founded: 2007

Price Target and Rating

Average Stock Price Forecast: $54.75
High Stock Price Forecast: $59.00
Low Stock Price Forecast: $50.00
Forecasted Upside/Downside: +76.8%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 4 Analysts

Profitability

EPS (Most Recent Fiscal Year): $0.95
Trailing P/E Ratio: 32.60
Forward P/E Ratio: 9.65
P/E Growth: N/A
Net Income: $11.53 million
Net Margins: 3.33%
Pretax Margin: 6.67%
Return on Equity: 15.39%
Return on Assets: 9.24%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 1.83
Quick Ratio: 1.57

Sales & Book Value

Annual Sales: $346.59 million
Price / Sales: 1.05
Cash Flow: $3.35 per share
Price / Cash Flow: 9.25
Book Value: $19.24 per share
Price / Book: 1.61

Miscellaneous

Outstanding Shares: 11,720,000
Free Float: 11,047,000
Market Cap: $362.97 million
Optionable: Not Optionable
Beta: 1.62

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Key Executives

Mr. Peter A. Smith Ph.D. (Age 57)
Pres, CEO & Director
Comp: $1.65M

Mr. David M. Gray (Age 54)
Sr. VP & CFO
Comp: $546.12k

Ms. Erin R. Boase (Age 44)
Gen. Counsel, VP of Legal Affairs & Sec.
Comp: $376.58k

Mr. Gary G. Croke (Age 51)
VP of Marketing & Product Line Management
Comp: $353.44k

Mr. Bryan Cary Tucker (Age 55)
Sr. VP of Sales & Services Americas
Comp: $523.28k

Ms. Christy Cornet
VP of Global Operations & Supply Chain

Andrew Fredrickson
Director of Corp. Devel. & Investor Relations

Ms. Spencer Stoakley
Chief HR Officer

Mr. Eric Chang (Age 49)
Advisor

Keith Fanneron
VP of Global Fin. & Investor Relations

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

AVNW Stock - Frequently Asked Questions

Should I buy or sell Aviat Networks stock right now?: 4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Aviat Networks in the last twelve months. There are currently 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" AVNW shares.
View AVNW analyst ratings or view top-rated stocks.
What is Aviat Networks' stock price forecast for 2023?: 4 brokerages have issued 12 month price objectives for Aviat Networks' shares. Their AVNW share price forecasts range from $50.00 to $59.00. On average, they anticipate the company's share price to reach $54.75 in the next twelve months. This suggests a possible upside of 76.8% from the stock's current price.
View analysts price targets for AVNW or view top-rated stocks among Wall Street analysts.
How have AVNW shares performed in 2023?: Aviat Networks' stock was trading at $31.19 at the beginning of 2023. Since then, AVNW shares have decreased by 0.7% and is now trading at $30.97.
View the best growth stocks for 2023 here.
When is Aviat Networks' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 1st 2023.
View our AVNW earnings forecast.
How were Aviat Networks' earnings last quarter?: Aviat Networks, Inc. (NASDAQ:AVNW) issued its quarterly earnings results on Wednesday, August, 23rd. The communications equipment provider reported $0.74 earnings per share for the quarter, missing the consensus estimate of $0.75 by $0.01. The communications equipment provider had revenue of $91.18 million for the quarter, compared to the consensus estimate of $88.78 million. Aviat Networks had a net margin of 3.33% and a trailing twelve-month return on equity of 15.39%.
When did Aviat Networks' stock split?: Aviat Networks's stock split on the morning of Thursday, April 8th 2021. The 2-1 split was announced on Friday, March 5th 2021. The newly created shares were distributed to shareholders after the market closes on Wednesday, April 7th 2021. An investor that had 100 shares of stock prior to the split would have 200 shares after the split.
What guidance has Aviat Networks issued on next quarter's earnings?: Aviat Networks updated its FY 2024 earnings guidance on Thursday, August, 24th. The company provided EPS guidance of for the period. The company issued revenue guidance of $367.00 million-$374.00 million, compared to the consensus revenue estimate of $344.40 million.
What is Pete Smith's approval rating as Aviat Networks' CEO?: 27 employees have rated Aviat Networks Chief Executive Officer Pete Smith on Glassdoor.com. Pete Smith has an approval rating of 98% among the company's employees. This puts Pete Smith in the top 20% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Aviat Networks own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Aviat Networks investors own include Applied Materials (AMAT), AbbVie (ABBV), Marvell Technology (MRVL), Enterprise Products Partners (EPD), SITO Mobile (SITO), Advanced Micro Devices (AMD), Exact Sciences (EXAS), FuelCell Energy (FCEL), Matinas BioPharma (MTNB) and AT&T (T).
What is Aviat Networks' stock symbol?: Aviat Networks trades on the NASDAQ under the ticker symbol "AVNW."
How do I buy shares of Aviat Networks?: Shares of AVNW stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Aviat Networks' stock price today?: One share of AVNW stock can currently be purchased for approximately $30.97.
How much money does Aviat Networks make?: Aviat Networks (NASDAQ:AVNW) has a market capitalization of $362.97 million and generates $346.59 million in revenue each year. The communications equipment provider earns $11.53 million in net income (profit) each year or $0.95 on an earnings per share basis.
How many employees does Aviat Networks have?: The company employs 685 workers across the globe.
Does Aviat Networks have any subsidiaries?: The following companies are subsidiares of Aviat Networks: Aviat Communications Technology (Shenzhen) Company Ltd., Aviat International Holdings Inc., Aviat Net Works Saudi Telecom & Information Technology Co., Aviat Networks (Australia) Pty. Ltd., Aviat Networks (Bangladesh) Limited, Aviat Networks (Clark) Corporation, Aviat Networks (India) Private Limited, Aviat Networks (Kenya) Limited, Aviat Networks (NZ) Limited, Aviat Networks (S) Pte. Ltd., Aviat Networks (South Africa) (Proprietary) Limited, Aviat Networks (Thailand) Ltd., Aviat Networks (UK) Limited, Aviat Networks Algeria S.A.R.L., Aviat Networks Brasil Servicos em Communicacoes Ltda., Aviat Networks Canada ULC, Aviat Networks Communication Solutions Limited, Aviat Networks Communications Solutions LLC, Aviat Networks Côte d’Ivoire, Aviat Networks France S.A.S., Aviat Networks Ghana Limited, Aviat Networks HK Limited, Aviat Networks Holland B.V., Aviat Networks Malaysia Sdn. Bhd., Aviat Networks México S.A. de C.V., Aviat Networks Philippines Inc., Aviat Networks Polska Sp. z.o.o., Aviat Networks Tanzania Limited, Aviat U.S. Inc., Aviat storitveno podjetje d.o.o., DMC Stratex Networks (South Africa) (Proprietary) Limited, Digital Microwave (Mauritius) Private Limited, Pt. Aviat Networks Indonesia, Stratex Networks Nigeria Limited, Telsima, Telsima Communications Private Limited, and Telsima Corporation.
Read More
How can I contact Aviat Networks?: Aviat Networks' mailing address is 860 N. MCCARTHY BLVD SUITE 200, MILPITAS CA, 95035. The official website for the company is www.aviatnetworks.com. The communications equipment provider can be reached via phone at (408) 941-7100, via email at investorinfo@aviatnet.com, or via fax at 512-827-0350.

This page (NASDAQ:AVNW) was last updated on 10/2/2023 by MarketBeat.com Staff

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Aviat Networks (AVNW) Stock Forecast, Price & News

Aviat Networks MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Aviat Networks (NASDAQ:AVNW) Stock

AVNW Price History

AVNW Stock News Headlines

AVNW Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Social Links

Key Executives

Key Competitors

Insiders & Institutions

AVNW Stock - Frequently Asked Questions

Overall MarketRank^™