Will earnings report, end it’s winning streak? Aviat Networks Stock Forecast, Price & News (NASDAQ:AVNW)

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Earnings results for Aviat Networks Stock Forecast, Price & News (NASDAQ:AVNW)

Aviat Networks, Inc. is expected* to report earnings on 08/27/2020 after market close. The report will be for the fiscal Quarter ending Jun 2020. According to Zacks Investment Research, based on 1 analysts’ forecasts, the consensus EPS forecast for the quarter is $0.45. The reported EPS for the same quarter last year was $0.47.

Analyst Opinion on Aviat Networks Stock Forecast, Price & News (NASDAQ:AVNW)

1 Wall Street analysts have issued ratings and price targets for Aviat Networks in the last 12 months. Their average twelve-month price target is $20.00, predicting that the stock has a possible upside of 0.30%. The high price target for AVNW is $20.00 and the low price target for AVNW is $20.00. There are currently 1 buy rating for the stock, resulting in a consensus rating of “Buy.”

Aviat Networks has received a consensus rating of Buy. The company’s average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings. According to analysts’ consensus price target of $20.00, Aviat Networks has a forecasted upside of 0.3% from its current price of $19.94. Aviat Networks has received no research coverage in the past 90 days.

Dividend Strength: Aviat Networks Stock Forecast, Price & News (NASDAQ:AVNW)

Aviat Networks does not currently pay a dividend. Aviat Networks does not have a long track record of dividend growth.

Insiders buying/selling: Aviat Networks Stock Forecast, Price & News (NASDAQ:AVNW)

In the past three months, Aviat Networks insiders have not sold or bought any company stock. Only 6.20% of the stock of Aviat Networks is held by insiders. 49.57% of the stock of Aviat Networks is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Earnings and Valuation of Aviat Networks Stock Forecast, Price & News (NASDAQ:AVNW

Earnings for Aviat Networks are expected to grow by 60.00% in the coming year, from $1.00 to $1.60 per share. The P/E ratio of Aviat Networks is 38.35, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 18.25. The P/E ratio of Aviat Networks is 38.35, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 53.56. Aviat Networks has a P/B Ratio of 1.50. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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