Q4 2024 EPS Estimates for Aviat Networks, Inc. (NASDAQ:AVNW) Decreased by Northland Capmk

Aviat Networks, Inc. (NASDAQ:AVNWFree Report) – Investment analysts at Northland Capmk cut their Q4 2024 earnings per share estimates for Aviat Networks in a research note issued on Wednesday, February 7th. Northland Capmk analyst T. Savageaux now anticipates that the communications equipment provider will post earnings per share of $1.00 for the quarter, down from their previous estimate of $1.07. The consensus estimate for Aviat Networks’ current full-year earnings is $3.26 per share. Northland Capmk also issued estimates for Aviat Networks’ FY2025 earnings at $3.98 EPS.

AVNW has been the subject of a number of other research reports. JMP Securities reaffirmed a “market outperform” rating and issued a $50.00 price objective on shares of Aviat Networks in a report on Monday, February 5th. StockNews.com cut Aviat Networks from a “hold” rating to a “sell” rating in a report on Thursday, February 8th. Finally, B. Riley lowered their price target on Aviat Networks from $60.00 to $59.00 and set a “buy” rating on the stock in a research report on Wednesday, February 7th. One equities research analyst has rated the stock with a sell rating and four have assigned a buy rating to the company. According to data from MarketBeat.com, Aviat Networks has a consensus rating of “Moderate Buy” and a consensus target price of $54.75.

Read Our Latest Stock Report on AVNW

Aviat Networks Price Performance

Shares of NASDAQ AVNW opened at $34.16 on Monday. The company has a debt-to-equity ratio of 0.19, a current ratio of 2.00 and a quick ratio of 1.63. The stock has a market capitalization of $428.71 million, a price-to-earnings ratio of 26.90 and a beta of 1.70. The firm’s 50 day simple moving average is $31.74 and its 200-day simple moving average is $30.80. Aviat Networks has a 12 month low of $21.15 and a 12 month high of $37.84.

Institutional Trading of Aviat Networks

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Paradigm Capital Management Inc. NY boosted its holdings in Aviat Networks by 16.8% in the 3rd quarter. Paradigm Capital Management Inc. NY now owns 877,812 shares of the communications equipment provider’s stock worth $27,388,000 after buying an additional 126,101 shares during the last quarter. Royce & Associates LP raised its stake in Aviat Networks by 8.7% in the 2nd quarter. Royce & Associates LP now owns 606,470 shares of the communications equipment provider’s stock valued at $20,238,000 after purchasing an additional 48,692 shares during the last quarter. BlackRock Inc. lifted its holdings in Aviat Networks by 2.2% in the 2nd quarter. BlackRock Inc. now owns 532,119 shares of the communications equipment provider’s stock valued at $17,757,000 after purchasing an additional 11,667 shares in the last quarter. Vanguard Group Inc. boosted its stake in Aviat Networks by 1.9% during the 3rd quarter. Vanguard Group Inc. now owns 514,299 shares of the communications equipment provider’s stock worth $16,046,000 after purchasing an additional 9,654 shares during the last quarter. Finally, Punch & Associates Investment Management Inc. grew its holdings in shares of Aviat Networks by 3.1% during the first quarter. Punch & Associates Investment Management Inc. now owns 497,533 shares of the communications equipment provider’s stock worth $17,145,000 after buying an additional 14,770 shares in the last quarter. Hedge funds and other institutional investors own 76.55% of the company’s stock.

Aviat Networks Company Profile

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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.

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