NYSE:HIVE - Aerohive Networks Stock Price, Price Target & More

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$4.09 0.00 (0.00 %)
(As of 07/23/2018 07:49 AM ET)
Previous Close$4.09
Today's Range$4.08 - $4.1548
52-Week Range$3.02 - $6.50
Volume123,688 shs
Average Volume217,645 shs
Market Capitalization$223.43 million
P/E Ratio-9.98
Dividend YieldN/A
Beta1.15
Aerohive Networks logoAerohive 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. Its cloud-based product comprises HiveManager NG, a network management application that features an updated user, improved troubleshooting, and expanded access to data and analytics, as well as an upgraded cloud-deployment platform. The company sells its products to industry verticals, including education, distributed enterprises, retail, healthcare, and healthcare through a network of authorized value-added resellers, value-added distributors, and managed service providers. Aerohive Networks, Inc. was incorporated in 2006 and is headquartered in Milpitas, California.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Computer integrated systems design
Sub-IndustryN/A
SectorComputer and Technology
SymbolNYSE:HIVE
CUSIPN/A
Phone408-510-6100

Debt

Debt-to-Equity RatioN/A
Current Ratio1.59
Quick Ratio1.40

Price-To-Earnings

Trailing P/E Ratio-9.98
Forward P/E Ratio-13.19
P/E GrowthN/A

Sales & Book Value

Annual Sales$152.90 million
Price / Sales1.46
Cash FlowN/A
Price / CashN/A
Book Value$0.41 per share
Price / Book9.98

Profitability

EPS (Most Recent Fiscal Year)($0.41)
Net Income$-22,920,000.00
Net Margins-13.93%
Return on Equity-95.00%
Return on Assets-15.69%

Miscellaneous

Employees490
Outstanding Shares54,630,000
Market Cap$223.43

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) released its quarterly earnings results on Wednesday, May, 2nd. The communications equipment provider reported ($0.06) EPS for the quarter, topping the Thomson Reuters' consensus estimate of ($0.07) by $0.01. The communications equipment provider earned $35.77 million during the quarter, compared to analyst estimates of $34.93 million. Aerohive Networks had a negative return on equity of 95.00% and a negative net margin of 13.93%. The business's revenue for the quarter was down 1.5% compared to the same quarter last year. During the same period in the previous year, the company posted ($0.08) EPS. 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, 1st 2018. View Earnings Estimates for Aerohive Networks.

What price target have analysts set for HIVE?

2 brokerages have issued twelve-month price objectives for Aerohive Networks' stock. Their forecasts range from $4.50 to $6.00. On average, they anticipate Aerohive Networks' stock price to reach $5.25 in the next twelve months. This suggests a possible upside of 28.4% from the stock's current price. View Analyst Ratings for Aerohive Networks.

What is the consensus analysts' recommendation for Aerohive Networks?

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

Are investors shorting Aerohive Networks?

Aerohive Networks saw a decline in short interest during the month of June. As of June 15th, there was short interest totalling 573,420 shares, a decline of 35.3% from the May 31st total of 885,671 shares. Based on an average trading volume of 381,201 shares, the short-interest ratio is currently 1.5 days. Approximately 1.8% of the company's stock are sold short. View Aerohive Networks' Current Options Chain.

Who are some of Aerohive Networks' key competitors?

Who are Aerohive Networks' key executives?

Aerohive Networks' management team includes the folowing people:
  • Mr. David K. Flynn, Chairman, Pres & CEO (Age 54)
  • Mr. John Ritchie, Sr. VP, CFO & COO (Age 52)
  • Mr. Alan Cuellar Amrod, Sr. VP & GM of Products & Marketing (Age 59)
  • Mr. Changming Liu, Founder & Director (Age 50)
  • Mr. Steve M. Debenham, Corp. VP, Gen. Counsel & Sec. (Age 56)

Has Aerohive Networks been receiving favorable news coverage?

Press coverage about HIVE stock has trended somewhat positive this week, according to Accern Sentiment. Accern identifies negative and positive news coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Aerohive Networks earned a media sentiment score of 0.15 on Accern's scale. They also gave news articles about the communications equipment provider an impact score of 46.13 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the immediate future.

Who are Aerohive Networks' major shareholders?

Aerohive Networks' stock is owned by many different of retail and institutional investors. Top institutional shareholders include Nelson Roberts Investment Advisors LLC (0.14%). Company insiders that own Aerohive Networks stock include Alan Amrod, David K Flynn, John Ritchie, Raphael Gernez and Thomas J Wilburn. View Institutional Ownership Trends for Aerohive Networks.

Which institutional investors are buying Aerohive Networks stock?

HIVE stock was bought by a variety of institutional investors in the last quarter, including Nelson Roberts Investment Advisors LLC. Company insiders that have bought Aerohive Networks stock in the last two years include David K Flynn and John Ritchie. 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 $4.09.

How big of a company is Aerohive Networks?

Aerohive Networks has a market capitalization of $223.43 million and generates $152.90 million in revenue each year. The communications equipment provider earns $-22,920,000.00 in net income (profit) each year or ($0.41) on an earnings per share basis. Aerohive Networks employs 490 workers across the globe.

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:  3.1 out of 5 (star star star)
Outperform Votes:  241 (Vote Outperform)
Underperform Votes:  153 (Vote Underperform)
Total Votes:  394
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 7/23/2018 by MarketBeat.com Staff

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