3 days Ago By ABMN Staff
Aviat Networks, Inc. ( NASDAQ:AVNW – Free Report ) – Equities research analysts at B. Riley reduced their FY2024 earnings per share estimates for shares of Aviat Networks in a report issued on Thursday, September 12th.
B. Riley analyst D. Kang now expects that the communications equipment provider will earn $2.
58 per share for the year, down from their previous estimate of $2.85. B.
Riley currently has a “Buy” rating and a $42.00 target price on the stock. The consensus estimate for Aviat Networks’ current full-year earnings is $2.
84 per share. B. Riley also issued estimates for Aviat Networks’ Q3 2025 earnings at $0.
71 EPS and Q4 2025 earnings at $1.03 EPS. AVNW has been the topic of a number of other reports.
StockNews.com upgraded shares of Aviat Networks from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, September 11th. Lake Street Capital restated a “buy” rating and set a $51.
00 target price on shares of Aviat Networks in a research report on Friday, July 5th. Finally, Northland Securities reiterated an “outperform” rating and issued a $40.00 price target (down from $50.
00) on shares of Aviat Networks in a research report on Friday. Four investment analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.
com, Aviat Networks presently has a consensus rating of “Buy” and a consensus target price of $45.75. Aviat Networks Price Performance NASDAQ AVNW opened at $21.
34 on Monday. The company has a market cap of $268.14 million, a PE ratio of 18.
88 and a beta of 1.81. The company has a quick ratio of 1.
79, a current ratio of 2.12 and a debt-to-equity ratio of 0.18.
The firm’s 50-day simple moving average is $27.57 and its two-hundred day simple moving average is $30.77.
Aviat Networks has a 52 week low of $18.00 and a 52 week high of $38.85.
Institutional Trading of Aviat Networks Several institutional investors and hedge funds have recently bought and sold shares of AVNW. nVerses Capital LLC purchased a new position in shares of Aviat Networks during the 2nd quarter valued at $29,000. BNP Paribas Financial Markets boosted its stake in Aviat Networks by 84.
8% during the first quarter. BNP Paribas Financial Markets now owns 5,475 shares of the communications equipment provider’s stock valued at $210,000 after buying an additional 2,513 shares during the period. Covestor Ltd grew its position in Aviat Networks by 309.
8% during the first quarter. Covestor Ltd now owns 5,934 shares of the communications equipment provider’s stock worth $228,000 after buying an additional 4,486 shares in the last quarter. Dynamic Technology Lab Private Ltd bought a new position in Aviat Networks in the 4th quarter worth about $400,000.
Finally, Truvestments Capital LLC raised its holdings in shares of Aviat Networks by 26.2% in the 1st quarter. Truvestments Capital LLC now owns 10,654 shares of the communications equipment provider’s stock valued at $408,000 after acquiring an additional 2,213 shares in the last quarter.
78.62% of the stock is currently owned by hedge funds and other institutional investors. About Aviat Networks ( Get Free Report ) 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. Further Reading Receive News & Ratings for Aviat Networks Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Aviat Networks and related companies with MarketBeat.com's FREE daily email newsletter .
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