Aviat Networks Inc chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share 27.83
Dividend & YieldN/A$ (N/A)
Beta 1.74
Market capitalization 347.53M
Operating cash flow -4.21M
ESG Scores unknown

Company description

Aviat Networks, Inc. provides microwave networking solutions in North America, Africa, the Middle East, Europe, Latin America, and the Asia Pacific. The company offers outdoor, indoor, and split-mount radios; microwave routers and switches; microwave trunking; element management products; and software products, such as aviat design, frequency assurance software, and health assurance software. It also provides network planning and design, site surveys and builds, systems integration, installation, maintenance, network monitoring, training, customer service, project, managed, education, support, and other professional services. The company serves communications service providers and private network operators, including federal, state and local government agencies, transportation agencies, energy and utility companies, public safety agencies, and broadcast network operators. It markets its products through a direct sales, service, and support organization; indirect sales channels comprising dealers, resellers, and sales representatives; and through online. The company was incorporated in 2006 and is headquartered in Austin, Texas.

Sector: Technology - Industry: Communication Equipment

Financial data

Financial Statements

Cashflow Statement 2019-06-28 2020-07-03 2021-07-02 2022-07-01
Change To Liabilities 9.24M 3.18M 11.14M 12.22M
Total Cashflows From Investing Activities -5.25M -4.61M -2.85M -7.79M
Net Borrowings -9M -9M -9M
Total Cash From Financing Activities -2.95M -2.54M -8.05M -4.87M
Change To Operating Activities -3.5M 670k 770k -7.02M
Issuance Of Stock 35k 29k 1.91M 1.03M
Net Income 9.74M 257k 110.14M 21.16M
Change In Cash -5.56M 9.67M 6.33M -11.09M
Effect Of Exchange Rate -309k -669k -77k -1.22M
Total Cash From Operating Activities 2.94M 17.49M 17.3M 2.79M
Depreciation 4.47M 4.39M 5.38M 4.46M
Change To Account Receivables -11.37M 6.74M -12.81M -34.44M
Other Cashflows From Financing Activities
Change To Netincome -6.84M 6.95M -86.39M 11.94M
Capital Expenditures -5.25M -4.61M -2.85M -1.79M

Income Statement 2019-06-28 2020-07-03 2021-07-02 2022-07-01
Research Development 21.11M 19.28M 21.81M 22.6M
Income Before Tax 1.55M 3.71M 22.44M 30.43M
Net Income 9.74M 257k 110.14M 21.16M
Selling General Administrative 56.05M 57.98M 56.32M 57.66M
Gross Profit 79.27M 84.7M 102.61M 109.23M
Ebit 2.1M 7.43M 24.48M 28.98M
Operating Income 2.1M 7.43M 24.48M 28.98M
Interest Expense -102k
Income Tax Expense -8.19M 3.45M -87.7M 9.28M
Total Revenue 243.86M 238.64M 274.91M 302.96M
Cost Of Revenue 164.59M 153.95M 172.3M 193.72M
Total Other Income ExpenseNet -554k -3.72M -2.04M 1.45M
Net Income From Continuing Ops 9.74M 257k 110.14M 21.16M
Net Income Applicable To Common Shares 9.74M 257k 110.14M 21.16M

Balance Sheet Statement 2019-06-28 2020-07-03 2021-07-02 2022-07-01
Total Liabilities 97.68M 111.12M 114.32M 122.15M
Total Stockholder Equity 71.52M 68.68M 183.34M 201.75M
Other Current Liabilities 18.37M 27.81M 38.27M 38.03M
Total Assets 169.19M 179.8M 297.65M 323.9M
Common Stock 54k 108k 112k 112k
Other Current Assets 4.83M 10.36M 11.77M 12.44M
Retained Earnings -731M -730.74M -620.6M -599.44M
Treasury Stock -12.74M -14.97M -15.11M -22.18M
Cash 31.95M 41.62M 47.94M 36.88M
Total Current Liabilities 82.21M 93.97M 96.37M 104.48M
Other Stockholder Equity -12.74M -14.97M -14.33M -16.03M
Property, Plant, and Equipment 17.25M 20.39M 15.52M 11.65M
Total Current Assets 126M 139.95M 170.24M 206.4M
Net Tangible Assets 71.52M 68.68M 183.34M 201.75M
Net Receivables 79.72M 72.75M 85.66M 119.03M
Accounts Payable 35.6M 32M 32.41M 42.39M


Insider Transactions

Here are the insider transactions of stock shares related to Aviat Networks Inc:

Filer Name Transaction Text Ownership Date Filer Relation Shares
MUTCH JOHNStock Award(Grant) at price 0.00 per share.D2022-11-10Director4.08k
STOFFEL JAMES CStock Award(Grant) at price 0.00 per share.D2022-11-10Director4.08k
TATEN BRUCE MStock Award(Grant) at price 0.00 per share.D2022-11-10Director4.08k
INGRAM BRYAN TStock Award(Grant) at price 0.00 per share.D2022-11-10Director4.08k
KLEIN MICHELE FRANCESStock Award(Grant) at price 0.00 per share.D2022-11-10Director4.08k
GRAY DAVID MPurchase at price 31.75 per share.I2022-09-15Chief Financial Officer500
TUCKER BRYANSale at price 32.18 per share.D2022-09-02Officer155
CROKE GARYSale at price 32.18 per share.D2022-09-02Officer161
BOASE ERINSale at price 32.18 per share.D2022-09-02Officer90
SMITH PETER AStock Award(Grant) at price 0.00 per share.D2022-09-01Chief Executive Officer48.99k
TUCKER BRYANStock Award(Grant) at price 0.00 per share.D2022-09-01Officer3.59k
CROKE GARYStock Award(Grant) at price 0.00 per share.D2022-09-01Officer2.1k
BOASE ERINStock Award(Grant) at price 0.00 per share.D2022-09-01Officer4.26k
GRAY DAVID MStock Award(Grant) at price 0.00 per share.D2022-09-01Chief Financial Officer3.77k
SMITH PETER APurchase at price 32.39 per share.D2022-08-29Chief Executive Officer1.55k
SMITH PETER ASale at price 24.52 per share.D2022-07-05Chief Executive Officer2k
TATEN BRUCE MStock Award(Grant) at price 0.00 per share.D2022-03-17Director1.33k
SMITH PETER APurchase at price 25.85 per share.D2022-02-24Chief Executive Officer2k
TUCKER BRYANConversion of Exercise of derivative security at price 7.80 per share.D2022-01-28Officer808
TUCKER BRYANSale at price 32.03 per share.D2022-01-03Officer5.75k
TUCKER BRYANConversion of Exercise of derivative security at price 8.90 per share.D2022-01-03Officer5.75k
GRAY DAVID MPurchase at price 29.43 per share.D2021-12-03Chief Financial Officer1k
SINGH SOMESH KPurchase at price 30.79 per share.D2021-11-29Director2k
TUCKER BRYANSale at price 32.06 per share.D2021-11-15Officer5.75k
TUCKER BRYANConversion of Exercise of derivative security at price 8.90 per share.D2021-11-15Officer5.75k
CROKE GARYConversion of Exercise of derivative security at price 7.44 per share.D2021-11-12Officer832
MUTCH JOHNStock Award(Grant) at price 0.00 per share.D2021-11-11Director3.22k
STOFFEL JAMES CStock Award(Grant) at price 0.00 per share.D2021-11-11Director3.22k
SINGH SOMESH KStock Award(Grant) at price 0.00 per share.D2021-11-11Director3.22k
INGRAM BRYAN TStock Award(Grant) at price 0.00 per share.D2021-11-11Director3.22k
KLEIN MICHELE FRANCESStock Award(Grant) at price 0.00 per share.D2021-11-11Director3.22k
TUCKER BRYANSale at price 32.94 per share.D2021-11-08Officer5.75k
TUCKER BRYANConversion of Exercise of derivative security at price 8.90 per share.D2021-11-08Officer5.75k
GRAY DAVID MStock Award(Grant) at price 0.00 per share.D2021-10-18Chief Financial Officer6.57k
CHANG ERICStock Award(Grant) at price 0.00 per share.D2021-09-01Chief Financial Officer2.82k
TUCKER BRYANStock Award(Grant) at price 0.00 per share.D2021-09-01Officer3.76k
CROKE GARYStock Award(Grant) at price 0.00 per share.D2021-09-01Officer2.82k
BOASE ERINStock Award(Grant) at price 0.00 per share.D2021-09-01Officer2.26k
SMITH PETER AStock Award(Grant) at price 0.00 per share.D2021-07-02Chief Executive Officer24.05k
SMITH PETER AStock Award(Grant) at price 0.00 per share.D2021-07-02Chief Executive Officer48.1k
KLEIN MICHELE FRANCESStock Award(Grant) at price 0.00 per share.D2021-05-13Director1.33k
STEEL EXCEL INCSale at price 37.85 per share.I2021-01-25Beneficial Owner of more than 10% of a Class of Security31.79k
STEEL EXCEL INCSale at price 37.00 - 37.95 per share.I2020-12-18Beneficial Owner of more than 10% of a Class of Security5.86k
STEEL EXCEL INCSale at price 37.31 per share.I2020-12-16Beneficial Owner of more than 10% of a Class of Security35.1k
STEEL EXCEL INCSale at price 37.51 - 37.53 per share.I2020-12-15Beneficial Owner of more than 10% of a Class of Security51.29k
STEEL EXCEL INCSale at price 38.01 - 40.50 per share.I2020-12-10Beneficial Owner of more than 10% of a Class of Security24.24k
STOFFEL JAMES CSale at price 35.95 - 36.61 per share.D2020-11-30Director3.03k
STOFFEL JAMES CConversion of Exercise of derivative security at price 23.52 per share.D2020-11-30Director3.03k

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to Aviat Networks Inc. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on Aviat Networks Inc

Here is the result of two systematic investment strategies applied to Aviat Networks Inc. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on Aviat Networks Inc

The following chart shows the equity curve of the two systematic investment strategies applied to Aviat Networks Inc:

Aviat Networks Inc automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 317.83% on the backtest period.

Performance at glance

Performance

317.83 %

Latent gain

5544.12 $

Invested capital

1744.38 $

Annualized return

77.52 %
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Momentum strategy results on Aviat Networks Inc

This is the result of two momentum investment strategies applied to Aviat Networks Inc. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on Aviat Networks Inc

The following chart shows all the entries opened by the momentum investment system on Aviat Networks Inc:

Aviat Networks Inc momentum entries
  • The first momentum investment strategy would give 254.18% of return on Aviat Networks Inc. That represents 14696.8$ of latent gain with 5781.95$ of employed capital.
  • The second momentum investment strategy would give 295.58% of return on Aviat Networks Inc. That represents 13277.69$ of latent gain with 4492.06$ of employed capital.
Performance at glance (1Q Momentum)

Performance

254.18 %

Latent gain

14696.8 $

Invested capital

5781.95 $

Annualized return

118.31 %
Performance at glance (2Q Momentum)

Performance

295.58 %

Latent gain

13277.69 $

Invested capital

4492.06 $

Annualized return

81.65 %

Momentum equity curve on Aviat Networks Inc

The following chart shows the equity curve of the two momentum strategies applied to Aviat Networks Inc:

Aviat Networks Inc momentum equity

Note: the dividends potentially given by Aviat Networks Inc are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Aviat Networks Inc

The following chart shows the employed capital evolution of the two momentum strategies on Aviat Networks Inc since the beginning:

Aviat Networks Inc

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Buy the dip strategy result on Aviat Networks Inc

Buy the dip entry openings on Aviat Networks Inc

Aviat Networks Inc

The performance achieved by the robo-advisor on Aviat Networks Inc is 248.46%. That represents 620.87$ of latent gain with 249.89$ of employed capital. The following chart shows Aviat Networks Inc stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of Aviat Networks Inc, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

248.46 %

Latent gain

620.87 $

Invested capital

249.89 $

Annualized return

118.31 %

Equity curve of the strategy applied to Aviat Networks Inc

The following chart shows the result of the investment strategy applied to Aviat Networks Inc:

Aviat Networks Inc

Note: the dividends potentially given by Aviat Networks Inc are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Aviat Networks Inc

The following chart shows the employed capital evolution since the beginning of the investment strategy on Aviat Networks Inc:

Aviat Networks Inc

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on Aviat Networks Inc

In this section, I will compare the three previous investment strategies applied to Aviat Networks Inc.

Equity curve comparison on Aviat Networks Inc

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

Aviat Networks Inc investment strategy comparison

Employed capital comparison on Aviat Networks Inc

Aviat Networks Inc investment comparison

Performance comparison on Aviat Networks Inc

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 317.83% 5544.12$ 1744.38$ 77.52%
Momentum 1 quarter 254.18% 14696.8$ 5781.95$ 65.85%
Momentum 2 quarters 295.58% 13277.69$ 4492.06$ 81.65%
Non-directional 248.46% 620.87$ 249.89$ 118.31%
Annualized return comparison

Automatic investment

77.52 %

Momentum 1Q

81.65 %

Momentum 2Q

81.65 %

Non-directional

118.31 %

Correlated stocks

Here are the most positively and negatively correlated stocks with Aviat Networks Inc:

Positive correlations

Most correlated stocks this year

  • Aviat Networks Inc

  • Most correlated stocks last 3 months

  • Medicinova Inc
  • Aviat Networks Inc
  • FORTUNE MNRL J

  • Negative correlation

    Most negatively correlated stocks this year


    Most negatively correlated stocks last 3 months

  • CIBC FLEXIBLE YIELD ETF HEDGED

  • Note: The algorithm computes the probability of correlation between Aviat Networks Inc and the other stocks. There may be false positives or some missing correlated stocks. If the price of Aviat Networks Inc does not vary for 36 weeks, the correlation calculation result will be wrong.


    Company information

    Company name Aviat Networks Inc
    Country United States
    City Austin
    Address 200 Parker Drive
    Phone 408 941 7100
    Website www.aviatnetworks.com
    FullTime employees 636
    Industry Communication Equipment
    Sector Technology
    Exchange XNAS
    Ticker AVNW
    Market www.nasdaq.com

    Aviat Networks Inc ESG Scores

    Environment scores

    Environment ESG Factors Scores
    Environment Score 0
    Peer Environment Performance unknown
    Environment Percentile unknown
    Palm Oil unknown
    Nuclear unknown
    Fur Leather unknown
    GMO unknown
    Coal unknown
    Pesticides unknown
    Animal Testing unknown

    Social scores

    Social ESG Factors Scores
    Social Score 0
    Peer Social Performance unknown
    Social Percentile unknown
    Highest Controversy unknown
    Peer Highest Controversy Performance unknown
    Adult unknown
    Gambling unknown
    Alcoholic unknown
    Tobacco unknown
    Catholic unknown
    Controversial Weapons unknown
    Small Arms unknown
    Military Contract unknown
    Peer Count unknown

    Related Controversy:


    Governance scores

    Governance ESG Factors Scores
    Governance Score 0
    Peer Governance Performance unknown
    Governance Percentile unknown

    ESG at glance
    Total ESG Scores: unknown
    Environment Score: 0
    Social Score: 0
    Governance Score: 0

    ESG Performance: unknown

    Peer Group: unknown

    Peer Esg Score Performance: unknown

    Rating Year: unknown

    Rating Month: unknown

    Max Age: unknown

    Percentile: unknown