Aviat Stock Today

AVNW
 Stock
  

USD 32.84  0.54  1.67%   

Market Performance
2 of 100
Odds Of Distress
Less than 23
Aviat Networks is selling for under 32.84 as of the 5th of December 2022; that is 1.67 percent increase since the beginning of the trading day. The stock's lowest day price was 31.67. Aviat Networks has about a 23 % chance of experiencing some form of financial distress in the next two years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Aviat Networks are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 5th of November 2022 and ending today, the 5th of December 2022. Click here to learn more.
CUSIP
05366Y102
Fiscal Year End
June
Business Domain
Technology Hardware & Equipment
IPO Date
29th of January 2007
Category
Technology
Classification
Information Technology
Aviat Networks, Inc. provides microwave networking solutions in North America, Africa, the Middle East, Europe, Latin America, and the Asia Pacific. The company was incorporated in 2006 and is headquartered in Austin, Texas. Aviat Networks operates under Communication Equipment classification in the United States and is traded on NASDAQ Exchange. The company has 11.32 M outstanding shares of which 327.38 K shares are presently shorted by private and institutional investors with about 4.35 trading days to cover. More on Aviat Networks
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Aviat Networks Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Aviat Networks' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Aviat Networks or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Aviat Networks has a frail financial position based on the latest SEC disclosures
Over 77.0% of the company shares are held by institutions such as insurance companies
Latest headline from MacroaxisInsider: Acquisition by Taten Bruce M of 4078 shares of Aviat Networks subject to Rule 16b-3
CEO and President and DirectorMichael Pangia
Fama & French Classification
Average Analyst Recommendation
Analysts covering Aviat Networks report their recommendations after researching Aviat Networks' financial statements, talking to executives and customers, or listening in on Aviat Networks' conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Aviat Networks. The Aviat consensus assessment is calculated by taking the average forecast from all of the analysts covering Aviat Networks.
Strong Buy4 Opinions
Piotroski F Score
Piotroski F-Score is a popular financial indicator that puts together nine criteria to evaluate the financial strength of Aviat Networks based on its profitability, leverage, liquidity, source of funds, and operating efficiency. It is an academic score (developed by Joseph Piotroski in 2002) to determine the current strength of Aviat Networks financial position. Scores of 8 and 9 are usually classified as strong value stocks, whereas scores of 2 or below are considered weak value stocks.
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares Diluted11.8 M11.8 M
Slightly Down
Increasing
Slightly volatile
Weighted Average Shares11.4 M11.2 M
Fairly Up
Increasing
Slightly volatile
Return on Average Assets3.316.8087
Way Down
Increasing
Slightly volatile
Net Cash Flow from Operations6.4 M2.8 M
Way Up
Increasing
Slightly volatile
Current Liabilities100.3 M104.5 M
Sufficiently Down
Decreasing
Slightly volatile
Total Liabilities116.3 M122.2 M
Notably Down
Decreasing
Slightly volatile
Gross Margin35.436.056
Fairly Down
Increasing
Slightly volatile
Total Debt6.3 M2.9 M
Way Up
Decreasing
Slightly volatile
Asset Turnover1.310.9775
Significantly Up
Decreasing
Slightly volatile
Current Assets174.2 M206.4 M
Fairly Down
Decreasing
Very volatile
Total Assets250.8 M323.9 M
Significantly Down
Increasing
Slightly volatile
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Aviat Networks' available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Financial Strength
Aviat Networks' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Aviat Networks' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Aviat Networks' financial leverage. It provides some insight into what part of Aviat Networks' total assets is financed by creditors.
Share Download
Share Download
By using current balance sheet information, investors can analyze the liability, assets, and equity on Aviat Networks' books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Aviat Networks deploys its capital and how much of that capital is borrowed.
Liquidity
Aviat Networks cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company currently holds 2.92 M in liabilities with Debt to Equity (D/E) ratio of 0.01, which may suggest the company is not taking enough advantage from borrowing. Aviat Networks has a current ratio of 1.94, which is within standard range for the sector. Debt can assist Aviat Networks until it has trouble settling it off, either with new capital or with free cash flow. So, Aviat Networks' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Aviat Networks sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Aviat to invest in growth at high rates of return. When we think about Aviat Networks' use of debt, we should always consider it together with cash and equity.

Operating Cash Flow

6.42 Million
Aviat Networks (AVNW) is traded on NASDAQ Exchange in USA and employs 636 people. Aviat Networks is listed under Communications Equipment category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with current market capitalization of 371.75 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Aviat Networks's market, we take the total number of its shares issued and multiply it by Aviat Networks's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities. Aviat Networks conducts business under Communications Equipment sector and is part of Information Technology industry. The entity has 11.32 M outstanding shares of which 327.38 K shares are presently shorted by private and institutional investors with about 4.35 trading days to cover. Aviat Networks currently holds about 47.77 M in cash with 2.79 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.27.
Check Aviat Networks Probability Of Bankruptcy
Ownership
The market capitalization of Aviat Networks is $371.75 Million. The majority of Aviat Networks outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in Aviat Networks to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Aviat Networks. Please pay attention to any change in the institutional holdings of Aviat Networks as this could imply that something significant has changed or about to change at the company. Please take into account that even companies with profitable outlook can generate negative future returns on their equity. If the true value of the firm is less than the current market value, you may not be able generate positive returns on investment in the long run.

Ownership Allocation (%)

Check Aviat Ownership Details

Aviat Stock Price Odds Analysis

Depending on a normal probability distribution, the odds of Aviat Networks jumping above the current price in 90 days from now is about 6.18%. The Aviat Networks probability density function shows the probability of Aviat Networks stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days Aviat Networks has a beta of 0.9318. This suggests Aviat Networks market returns are correlated to returns on the market. As the market goes up or down, Aviat Networks is expected to follow. Additionally, the company has an alpha of 0.007, implying that it can generate a 0.006968 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 32.84HorizonTargetOdds Above 32.84
93.76%90 days
 32.84 
6.18%
Based on a normal probability distribution, the odds of Aviat Networks to move above the current price in 90 days from now is about 6.18 (This Aviat Networks probability density function shows the probability of Aviat Stock to fall within a particular range of prices over 90 days) .

Aviat Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Aviat Networks that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Aviat Networks' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Aviat Networks' value.
InstituionSecurity TypeTotal SharesValue
Xtx Topco LtdCommon Shares8.3 K226 K
Worth Venture Partners LlcCommon Shares137.8 K3.8 M
Wolverine Trading LlcPut Options36 K964 K
Wolverine Trading LlcCall Options6.7 K202 K
View Aviat Networks Diagnostics

Aviat Networks Historical Income Statement

Aviat Networks Income Statement is one of the three primary financial statements used for reporting Aviat's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Aviat Networks revenue and expense. Aviat Networks Income Statement primarily focuses on the company's revenues and expenses during a particular period.
Aviat Networks Interest Expense is fairly stable at the moment as compared to the past year. Aviat Networks reported Interest Expense of 45,000 in 2021. Net Income to Non Controlling Interests is likely to climb to about 267 K in 2022, whereas Net Income is likely to drop slightly above 10.7 M in 2022. View More Fundamentals

Aviat Stock Against Markets

Picking the right benchmark for Aviat Networks stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Aviat Networks stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Aviat Networks is critical whether you are bullish or bearish towards Aviat Networks at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Aviat Networks without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Probability Of Bankruptcy

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Aviat Networks Corporate Directors

Aviat Networks corporate directors refer to members of an Aviat Networks board of directors. The board of directors generally takes responsibility for the Aviat Networks' affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Aviat Networks' board members must vote for the resolution. The Aviat Networks board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
John Mutch - Independent DirectorProfile
Wayne Barr - Independent DirectorProfile
William Hasler - Independent DirectorProfile
Robert Pearse - Independent DirectorProfile

Invested in Aviat Networks?

The danger of trading Aviat Networks is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Aviat Networks is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Aviat Networks. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Aviat Networks is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Please continue to Trending Equities. You can also try Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.

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When running Aviat Networks price analysis, check to measure Aviat Networks' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Aviat Networks is operating at the current time. Most of Aviat Networks' value examination focuses on studying past and present price action to predict the probability of Aviat Networks' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Aviat Networks' price. Additionally, you may evaluate how the addition of Aviat Networks to your portfolios can decrease your overall portfolio volatility.
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Is Aviat Networks' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Aviat Networks. If investors know Aviat will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Aviat Networks listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
0.7
Market Capitalization
371.8 M
Quarterly Revenue Growth YOY
0.11
Return On Assets
0.0538
Return On Equity
0.0709
The market value of Aviat Networks is measured differently than its book value, which is the value of Aviat that is recorded on the company's balance sheet. Investors also form their own opinion of Aviat Networks' value that differs from its market value or its book value, called intrinsic value, which is Aviat Networks' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Aviat Networks' market value can be influenced by many factors that don't directly affect Aviat Networks' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Aviat Networks' value and its price as these two are different measures arrived at by different means. Investors typically determine Aviat Networks value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Aviat Networks' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.