At the time of writing, Aviat Networks Inc [AVNW] stock is trading at $26.35, up 28.22%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The AVNW shares have gain 45.74% over the last week, with a monthly amount glided 43.21%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Aviat Networks Inc [NASDAQ: AVNW] stock has seen the most recent analyst activity on June 06, 2023, when Lake Street initiated its Buy rating and assigned the stock a price target of $51. Previously, JMP Securities started tracking the stock with Mkt Outperform rating on September 01, 2022, and set its price target to $50. On August 24, 2021, ROTH Capital initiated with a Buy rating and assigned a price target of $49 on the stock. B. Riley Securities started tracking the stock assigning a Buy rating and suggested a price target of $50 on July 22, 2021. In a note dated September 03, 2014, Needham upgraded an Buy rating on this stock but restated the target price of $2.20.
For the past year, the stock price of Aviat Networks Inc fluctuated between $12.95 and $38.85. Currently, Wall Street analysts expect the stock to reach $19.25 within the next 12 months. Aviat Networks Inc [NASDAQ: AVNW] shares were valued at $26.35 at the most recent close of the market. An investor can expect a potential drop of -26.94% based on the average AVNW price forecast.
Analyzing the AVNW fundamentals
According to Aviat Networks Inc [NASDAQ:AVNW], the company’s sales were 432.11M for trailing twelve months, which represents an 24.37% jump. Gross Profit Margin for this corporation currently stands at 0.32% with Operating Profit Margin at 0.0%, Pretax Profit Margin comes in at -0.01%, and Net Profit Margin reading is -0.01%. To continue investigating profitability, this company’s Return on Assets is posted at -0.01, Equity is -0.01 and Total Capital is 0.0. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.32.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 25.08 points at the first support level, and at 23.80 for the second support level. However, for the 1st resistance point, the stock is sitting at 27.23, and for the 2nd resistance point, it is at 28.10.
Ratios To Look Out For
It is important to note that Aviat Networks Inc [NASDAQ:AVNW] has a current ratio of 1.68. As well, the Quick Ratio is 1.37, while the Cash Ratio is 0.21. Considering the valuation of this stock, the price to sales ratio is 0.77, the price to book ratio is 1.32.
Transactions by insiders
Recent insider trading involved Akkaraju Laxmi, Director, that happened on Nov 27 ’24 when 900.0 shares were purchased. Director, Klein Michele completed a deal on Nov 08 ’24 to buy 1400.0 shares. Meanwhile, SVP & Chief Financial Officer Connaway Michael bought 3500.0 shares on Nov 08 ’24.
