Aviat Networks’ (AVNW) “Market Outperform” Rating Reaffirmed at Citizens Jmp

Citizens Jmp reissued their market outperform rating on shares of Aviat Networks (NASDAQ:AVNW) in a report issued on Wednesday,Benzinga reports. They currently have a $30.00 price objective on the communications equipment provider’s stock.

Other research analysts have also recently issued research reports about the company. Weiss Ratings restated a “hold (c-)” rating on shares of Aviat Networks in a research note on Monday, December 29th. Zacks Research raised Aviat Networks from a “strong sell” rating to a “hold” rating in a research report on Friday, January 23rd. B. Riley restated a “buy” rating and set a $36.00 target price (up previously from $35.00) on shares of Aviat Networks in a report on Wednesday. Finally, Lake Street Capital reaffirmed a “buy” rating and issued a $34.00 target price on shares of Aviat Networks in a research report on Wednesday, November 5th. Four analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $34.50.

Aviat Networks Trading Up 14.0%

NASDAQ:AVNW opened at $25.57 on Wednesday. The company has a 50-day moving average price of $21.59 and a 200-day moving average price of $22.37. Aviat Networks has a 12 month low of $15.80 and a 12 month high of $27.02. The company has a current ratio of 1.84, a quick ratio of 1.51 and a debt-to-equity ratio of 0.39. The stock has a market cap of $328.32 million, a price-to-earnings ratio of 22.83 and a beta of 0.96.

Aviat Networks (NASDAQ:AVNW) last announced its quarterly earnings results on Tuesday, February 3rd. The communications equipment provider reported $0.54 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.48 by $0.06. Aviat Networks had a net margin of 3.27% and a return on equity of 10.82%. The company had revenue of $111.47 million for the quarter, compared to analysts’ expectations of $109.67 million. Equities analysts predict that Aviat Networks will post 0.5 EPS for the current year.

Insider Activity at Aviat Networks

In other news, CEO Pete A. Smith sold 5,350 shares of the stock in a transaction that occurred on Tuesday, November 11th. The shares were sold at an average price of $23.39, for a total transaction of $125,136.50. Following the sale, the chief executive officer owned 349,447 shares in the company, valued at $8,173,565.33. This represents a 1.51% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Bruce M. Taten sold 3,268 shares of the firm’s stock in a transaction that occurred on Tuesday, November 11th. The shares were sold at an average price of $23.39, for a total transaction of $76,438.52. Following the sale, the director directly owned 20,391 shares of the company’s stock, valued at $476,945.49. This trade represents a 13.81% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 5.30% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Comerica Bank lifted its position in Aviat Networks by 40.2% during the first quarter. Comerica Bank now owns 2,720 shares of the communications equipment provider’s stock valued at $52,000 after purchasing an additional 780 shares in the last quarter. BNP Paribas Financial Markets raised its stake in shares of Aviat Networks by 96.5% in the third quarter. BNP Paribas Financial Markets now owns 2,281 shares of the communications equipment provider’s stock worth $52,000 after buying an additional 1,120 shares during the period. Rhumbline Advisers lifted its position in shares of Aviat Networks by 6.7% during the 2nd quarter. Rhumbline Advisers now owns 18,341 shares of the communications equipment provider’s stock valued at $441,000 after buying an additional 1,148 shares in the last quarter. Raymond James Financial Inc. bought a new position in shares of Aviat Networks during the 2nd quarter valued at approximately $28,000. Finally, Quarry LP bought a new position in shares of Aviat Networks during the 3rd quarter valued at approximately $27,000. 78.62% of the stock is owned by institutional investors.

More Aviat Networks News

Here are the key news stories impacting Aviat Networks this week:

• Positive Sentiment: Q2 results beat consensus: Aviat reported $0.54 non‑GAAP EPS vs. $0.48 expected and $111.5M revenue vs. ~$109.7M expected; GAAP and non‑GAAP profitability expanded. Management highlighted strong cash generation and an expectation for a strong finish to FY2026. PR Newswire
• Positive Sentiment: Cash flow and balance sheet improvement drove net debt down to roughly $19M (over 50% reduction); company generated $23.9M operating cash in the quarter and cited record Q2 bookings — signals of stronger free cash flow and lower leverage. Seeking Alpha
• Positive Sentiment: B. Riley reaffirmed its “buy” rating and raised its price target to $36 (up from $35), signaling continued analyst confidence and implying meaningful upside vs. the prior trading level. B. Riley / Benzinga
• Positive Sentiment: Citizens JMP reaffirmed a “market outperform” rating with a $30 target, another data point supporting upside from current levels. Citizens JMP / Benzinga
• Neutral Sentiment: Earnings call and full transcripts are available for details on bookings mix, margin drivers and customer wins — useful for investors digging into guidance and product traction. Earnings Call Transcript (Fool)
• Neutral Sentiment: Zacks and other outlets note the EPS/revenue beat but also point out year-over-year revenue was slightly down vs. the prior-year quarter — keep an eye on demand trends across segments. Zacks
• Neutral Sentiment: Reported short‑interest data appears anomalous (shows zero), so short interest is not a meaningful driver in the near term based on public data. MarketBeat
• Negative Sentiment: Roth Capital trimmed its price target from $41 to $38 (but kept a “buy” rating) — a modest downward revision to implied upside that could temper enthusiasm compared with prior expectations. The Fly / Roth Capital

About Aviat Networks

Aviat Networks, Inc is a specialist in wireless transport solutions, designing, manufacturing and selling microwave networking products that enable the secure and reliable transmission of data, voice and video. The company’s offerings address mission-critical communications needs for a broad range of end markets, including telecommunications service providers, utilities, government agencies and enterprises. Its product portfolio spans high-capacity packet microwave radios, IP transport systems and network management software.

Aviat’s core product lines include the WTM series of packet microwave platforms, which deliver scalable throughput and advanced resilience features, and the Eclipse packet microwave systems, which combine broadband capacity with synchronization, security and quality-of-service capabilities.