Alert: Negative Investment/Fundamental Signals (6/7/24)-Aviat Networks Inc (NASDAQ: AVNW)

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Extremely important negative changes in investment behavior have recently occurred for Aviat Networks Inc (NASDAQ: AVNW): its longer term price trend turned down, and negative upside/downside volume developed.

Significant negative changes in Aviat Networks Inc (NASDAQ: AVNW) fundamentals have recently occurred: the consensus estimate for June, 2025 decreased significantly, and significant quarterly earnings deceleration occurred.

In light of these highly negative signals we are reviewing our current Overall Rating of B. We would view the shares with caution pending completion of this review in the next several days.

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Current PriceTarget Research Rating

AVNW’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be an important Value Builder.

Aviat Networks has a current Value Trend Rating of B (Positive). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Aviat Networks has a neutral Power Rating of 53 but a good Appreciation Score of 71, resulting in the Positive Value Trend Rating.

Recent Price Action

Aviat Networks Inc (NASDAQ: AVNW) stock closed at $30.77 on 6/7/24 after a modest decline of -1.2%. However, trading volume in this decline was unusually low at 52% of normal. The stock is unchanged during the last week and has performed in line with the market over the last nine months.

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