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

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$3.50 +0.11 (+3.24 %)
(As of 01/23/2019 04:00 PM ET)
Previous Close$3.39
Today's Range$3.39 - $3.52
52-Week Range$3.19 - $4.78
Volume200,572 shs
Average Volume181,680 shs
Market Capitalization$194.44 million
P/E Ratio-8.54
Dividend YieldN/A
Beta1.09
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. 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

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$152.90 million
Book Value$0.41 per share

Profitability

Net Income$-22,920,000.00

Miscellaneous

Employees490
Market Cap$194.44 million
OptionableOptionable

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) issued its quarterly earnings data on Wednesday, October, 31st. The communications equipment provider reported ($0.04) earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of ($0.06) by $0.02. The communications equipment provider earned $40.55 million during the quarter, compared to the consensus estimate of $41.50 million. Aerohive Networks had a negative net margin of 10.39% and a negative return on equity of 74.73%. 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, February 6th 2019. View Earnings Estimates for Aerohive Networks.

What price target have analysts set for HIVE?

0 analysts have issued twelve-month target prices for Aerohive Networks' shares. Their predictions range from $4.50 to $4.50. On average, they expect Aerohive Networks' share price to reach $4.50 in the next year. This suggests a possible upside of 28.6% from the stock's current price. View Analyst Price Targets for Aerohive Networks.

Has Aerohive Networks been receiving favorable news coverage?

News headlines about HIVE stock have trended negative this week, according to InfoTrie Sentiment Analysis. The research group scores the sentiment of news coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Aerohive Networks earned a media sentiment score of -2.0 on InfoTrie's scale. They also assigned media headlines about the communications equipment provider a news buzz of 2.0 out of 10, meaning that recent news coverage is very unlikely to have an effect on the company's share price in the next several days.

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 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 institutional and retail investors. Top institutional shareholders include Strs Ohio (0.28%) and Hamilton Lane Advisors LLC (0.04%). Company insiders that own Aerohive Networks stock include Alan Amrod, Christopher J Schaepe, David K Flynn, John Ritchie 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 Hamilton Lane Advisors 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 bought by a variety of institutional investors in the last quarter, including Strs Ohio. 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 $3.50.

How big of a company is Aerohive Networks?

Aerohive Networks has a market capitalization of $194.44 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.

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:  3.0 out of 5 (star star star)
Outperform Votes:  262 (Vote Outperform)
Underperform Votes:  177 (Vote Underperform)
Total Votes:  439
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 1/23/2019 by MarketBeat.com Staff

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