AVNW Stock Overview
Aviat Networks, Inc. designs, manufactures, and sells a range of wireless networking products, solutions, and services in North America, Africa, the Middle East, Europe, Russia, Latin America, and the Asia Pacific.
Aviat Networks Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$29.37|
|52 Week High||US$43.76|
|52 Week Low||US$16.03|
|1 Month Change||-8.93%|
|3 Month Change||-16.82%|
|1 Year Change||49.54%|
|3 Year Change||299.05%|
|5 Year Change||300.55%|
|Change since IPO||-75.52%|
Recent News & Updates
The Return Trends At Aviat Networks (NASDAQ:AVNW) Look Promising
What are the early trends we should look for to identify a stock that could multiply in value over the long term? One...
|AVNW||US Communications||US Market|
Return vs Industry: AVNW exceeded the US Communications industry which returned 29.1% over the past year.
Return vs Market: AVNW exceeded the US Market which returned 16.5% over the past year.
|AVNW Average Weekly Movement||5.9%|
|Communications Industry Average Movement||6.5%|
|Market Average Movement||6.2%|
|10% most volatile stocks in US Market||14.8%|
|10% least volatile stocks in US Market||2.4%|
Stable Share Price: AVNW is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: AVNW's weekly volatility (6%) has been stable over the past year.
About the Company
Aviat Networks, Inc. designs, manufactures, and sells a range of wireless networking products, solutions, and services in North America, Africa, the Middle East, Europe, Russia, Latin America, and the Asia Pacific. Its products include broadband wireless access base stations and customer premises equipment for fixed and mobile; and point-to-point digital microwave radio systems for access, backhaul, trunking, and license-exempt applications, as well as supporting new network deployments, network expansion, and capacity upgrades. The company also offers software tools and applications to enable deployment, monitoring, network management, and optimization of its systems, as well as to automate network design and procurement; and sources, supplies, and supports third party equipment, such as antennas, routers, optical transmission equipment, and other equipment to build and deploy telecommunications transmission network.
Aviat Networks Fundamentals Summary
|AVNW fundamental statistics|
Is AVNW overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|AVNW income statement (TTM)|
|Cost of Revenue||US$177.33m|
Last Reported Earnings
Oct 01, 2021
Next Earnings Date
|Earnings per share (EPS)||9.74|
|Net Profit Margin||38.64%|
How did AVNW perform over the long term?See historical performance and comparison
Is Aviat Networks undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: AVNW ($29.37) is trading below our estimate of fair value ($80.26)
Significantly Below Fair Value: AVNW is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: AVNW is good value based on its PE Ratio (3x) compared to the US Communications industry average (28.2x).
PE vs Market: AVNW is good value based on its PE Ratio (3x) compared to the US market (16.8x).
Price to Earnings Growth Ratio
PEG Ratio: AVNW's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: AVNW is good value based on its PB Ratio (1.7x) compared to the US Communications industry average (2x).
How is Aviat Networks forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: AVNW's earnings are forecast to decline over the next 3 years (-66.7% per year).
Earnings vs Market: AVNW's earnings are forecast to decline over the next 3 years (-66.7% per year).
High Growth Earnings: AVNW's earnings are forecast to decline over the next 3 years.
Revenue vs Market: AVNW's revenue (4.3% per year) is forecast to grow slower than the US market (9.8% per year).
High Growth Revenue: AVNW's revenue (4.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if AVNW's Return on Equity is forecast to be high in 3 years time
How has Aviat Networks performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: AVNW has a high level of non-cash earnings.
Growing Profit Margin: AVNW's current net profit margins (38.6%) are higher than last year (2.5%).
Past Earnings Growth Analysis
Earnings Trend: AVNW has become profitable over the past 5 years, growing earnings by 88.9% per year.
Accelerating Growth: AVNW's earnings growth over the past year (1692.5%) exceeds its 5-year average (88.9% per year).
Earnings vs Industry: AVNW earnings growth over the past year (1692.5%) exceeded the Communications industry 22.8%.
Return on Equity
High ROE: AVNW's Return on Equity (57.9%) is considered outstanding.
How is Aviat Networks's financial position?
Financial Position Analysis
Short Term Liabilities: AVNW's short term assets ($183.7M) exceed its short term liabilities ($103.2M).
Long Term Liabilities: AVNW's short term assets ($183.7M) exceed its long term liabilities ($17.8M).
Debt to Equity History and Analysis
Debt Level: AVNW is debt free.
Reducing Debt: AVNW has no debt compared to 5 years ago when its debt to equity ratio was 15.1%.
Debt Coverage: AVNW has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: AVNW has no debt, therefore coverage of interest payments is not a concern.
What is Aviat Networks's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate AVNW's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate AVNW's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if AVNW's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if AVNW's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of AVNW's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Pete Smith (55 yo)
Mr. Peter A. Smith, also known as Pete, PhD., is the Chief Executive Officer and President of Aviat Networks, Inc. since January 2, 2020 and serves as its Director since February 2020. He has been the Pres...
CEO Compensation Analysis
Compensation vs Market: Pete's total compensation ($USD2.22M) is about average for companies of similar size in the US market ($USD1.75M).
Compensation vs Earnings: Insufficient data to compare Pete's compensation with company performance.
Experienced Management: AVNW's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.
Experienced Board: AVNW's board of directors are not considered experienced ( 1.2 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: AVNW insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 2.4%.
Aviat Networks, Inc.'s employee growth, exchange listings and data sources
- Name: Aviat Networks, Inc.
- Ticker: AVNW
- Exchange: NasdaqGS
- Founded: 2006
- Industry: Communications Equipment
- Sector: Tech
- Market Cap: US$328.404m
- Shares outstanding: 11.18m
- Website: https://www.aviatnetworks.com
Number of Employees
- Aviat Networks, Inc.
- 200 Parker Drive
- Suite C100A
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/12/07 00:30|
|End of Day Share Price||2021/12/06 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.