NYSE:HIVE - Aerohive Networks Stock Price, News, & Analysis

$3.35
+0.01 (+0.30 %)
(As of 06/18/2019 09:48 AM ET)
Today's Range
$3.26
Now: $3.35
$3.36
50-Day Range
$3.20
MA: $3.41
$3.62
52-Week Range
$3.12
Now: $3.35
$5.18
Volume143,637 shs
Average Volume323,662 shs
Market Capitalization$188.74 million
P/E RatioN/A
Dividend YieldN/A
Beta1.06
Aerohive Networks, Inc, together with its subsidiaries, designs and develops cloud networking and enterprise Wi-Fi solutions in the Americas, Europe, the Middle East and Africa, and the Asia Pacific. The company provides hardware products, such as wireless access points, branch routers, and switches; tiered maintenance and support services comprising technical support, bug fixes, access to priority hardware replacement service, and unspecified upgrades; and Software as a Service subscriptions, including comparable maintenance and support services. Read More…

Industry, Sector and Symbol

Industry Computer integrated systems design
Sub-IndustryN/A
SectorComputer and Technology
CUSIPN/A
Phone408-510-6100

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$154.91 million
Book Value$0.32 per share

Profitability

Net Income$-18,340,000.00

Miscellaneous

Employees460
Market Cap$188.74 million
Next Earnings Date8/7/2019 (Estimated)
OptionableOptionable

Receive HIVE News and Ratings via Email

Sign-up to receive the latest news and ratings for HIVE and its competitors with MarketBeat's FREE daily newsletter.

Aerohive Networks (NYSE:HIVE) Frequently Asked Questions

What is Aerohive Networks' stock symbol?

Aerohive Networks trades on the New York Stock Exchange (NYSE) under the ticker symbol "HIVE."

How were Aerohive Networks' earnings last quarter?

Aerohive Networks Inc (NYSE:HIVE) posted its earnings results on Wednesday, May, 8th. The communications equipment provider reported ($0.15) earnings per share for the quarter, topping the consensus estimate of ($0.16) by $0.01. The communications equipment provider earned $33.02 million during the quarter, compared to the consensus estimate of $33 million. Aerohive Networks had a negative net margin of 12.93% and a negative return on equity of 94.44%. View Aerohive Networks' Earnings History.

When is Aerohive Networks' next earnings date?

Aerohive Networks is scheduled to release their next quarterly earnings announcement on Wednesday, August 7th 2019. View Earnings Estimates for Aerohive Networks.

What guidance has Aerohive Networks issued on next quarter's earnings?

Aerohive Networks issued an update on its first quarter earnings guidance on Monday, April, 15th. The company provided earnings per share guidance of ($0.10)-($0.09) for the period, compared to the Thomson Reuters consensus estimate of ($0.02). The company issued revenue guidance of $33.0 million, compared to the consensus revenue estimate of $37.46 million.

What is the consensus analysts' recommendation for Aerohive Networks?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Aerohive Networks in the last year. There are currently 1 hold rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Aerohive Networks.

Has Aerohive Networks been receiving favorable news coverage?

Headlines about HIVE stock have trended negative recently, InfoTrie Sentiment Analysis reports. InfoTrie identifies positive and negative press coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Aerohive Networks earned a news impact score of -2.3 on InfoTrie's scale. They also gave press coverage about the communications equipment provider a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the company's share price in the near future. View News Stories for Aerohive Networks.

Are investors shorting Aerohive Networks?

Aerohive Networks saw a increase in short interest in May. As of May 15th, there was short interest totalling 1,045,800 shares, an increase of 94.3% from the April 15th total of 538,200 shares. Based on an average daily volume of 327,500 shares, the days-to-cover ratio is currently 3.2 days. Currently, 2.4% of the shares of the company are short sold. View Aerohive Networks' Current Options Chain.

Who are some of Aerohive Networks' key competitors?

What other stocks do shareholders of Aerohive Networks own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Aerohive Networks investors own include Allstate (ALL), Bridgeline Digital (BLIN), Riot Blockchain (RIOT), Energous (WATT), Nimble Storage (NMBL), Adobe (ADBE), Brightcove (BCOV), Intel (INTC), NVIDIA (NVDA) and Synergy Pharmaceuticals (SGYP).

Who are Aerohive Networks' key executives?

Aerohive Networks' management team includes the folowing people:
  • Mr. David K. Flynn, Chairman, Pres & CEO (Age 55)
  • Mr. John Ritchie, Sr. VP, CFO & COO (Age 53)
  • Mr. Alan Cuellar Amrod, Sr. VP and GM of Products & Sales (Age 60)
  • Mr. Steve M. Debenham, Corp. VP, Gen. Counsel & Sec. (Age 57)
  • Mr. John Merrill, VP of Marketing

Who are Aerohive Networks' major shareholders?

Aerohive Networks' stock is owned by a variety of of retail and institutional investors. Top institutional investors include Royce & Associates LP (2.78%), Adirondack Research & Management Inc. (1.19%), Assenagon Asset Management S.A. (1.11%), Spark Investment Management LLC (0.60%), Acadian Asset Management LLC (0.32%) and Alambic Investment Management L.P. (0.29%). Company insiders that own Aerohive Networks stock include Alan Amrod, Christopher J Schaepe and Stephen Debenham. View Institutional Ownership Trends for Aerohive Networks.

Which major investors are selling Aerohive Networks stock?

HIVE stock was sold by a variety of institutional investors in the last quarter, including Boston Partners, Royce & Associates LP, Menta Capital LLC, Algert Global LLC, Alambic Investment Management L.P., NJ State Employees Deferred Compensation Plan, Strs Ohio and SG Americas Securities LLC. Company insiders that have sold Aerohive Networks company stock in the last year include Alan Amrod, Christopher J Schaepe and Stephen Debenham. View Insider Buying and Selling for Aerohive Networks.

Which major investors are buying Aerohive Networks stock?

HIVE stock was purchased by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., Acadian Asset Management LLC, Bank of Montreal Can, Campbell & CO Investment Adviser LLC, O Shaughnessy Asset Management LLC, Hennessy Advisors Inc., Spark Investment Management LLC and Adirondack Research & Management Inc.. View Insider Buying and Selling for Aerohive Networks.

How do I buy shares of Aerohive Networks?

Shares of HIVE can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Aerohive Networks' stock price today?

One share of HIVE stock can currently be purchased for approximately $3.35.

How big of a company is Aerohive Networks?

Aerohive Networks has a market capitalization of $188.74 million and generates $154.91 million in revenue each year. The communications equipment provider earns $-18,340,000.00 in net income (profit) each year or ($0.29) on an earnings per share basis. Aerohive Networks employs 460 workers across the globe.View Additional Information About Aerohive Networks.

What is Aerohive Networks' official website?

The official website for Aerohive Networks is http://www.aerohive.com/.

How can I contact Aerohive Networks?

Aerohive Networks' mailing address is 1011 McCarthy Boulevard, Milpitas CA, 95035. The communications equipment provider can be reached via phone at 408-510-6100 or via email at [email protected]


MarketBeat Community Rating for Aerohive Networks (NYSE HIVE)

Community Ranking:  2.9 out of 5 (star star)
Outperform Votes:  283 (Vote Outperform)
Underperform Votes:  202 (Vote Underperform)
Total Votes:  485
MarketBeat's community ratings are surveys of what our community members think about Aerohive Networks and other stocks. Vote "Outperform" if you believe HIVE will outperform the S&P 500 over the long term. Vote "Underperform" if you believe HIVE will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 6/18/2019 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel