About Aerohive Networks (NYSE:HIVE)
Aerohive Networks, Inc. together with its subsidiaries, has designed and developed a cloud-managed mobile networking platform that enables enterprises to deploy and manage a mobile-centric network edge. Its portfolio of products and solutions is built around sets of technologies and solutions, which include Enterprise Cloud Networking, Wireless Fidelity (Wi-Fi) Connectivity and Application and Insights. It conducts its business in geographic regions, including Americas; Europe, the Middle East and Africa, and Asia Pacific. Its product portfolio includes hardware products, cloud-based network management and applications, and support services. Its hardware products include access points, branch routers and access switches. Its hardware products are developed by its hardware design team working in conjunction with original design manufacturer partners, and leverage the commercially available Wi-Fi radios, network processors, crypto accelerators and switching chips.
Industry, Sector and Symbol
Industry Computer integrated systems design
Sub-IndustryN/A
SectorComputer and Technology
SymbolNYSE:HIVE
CUSIPN/A
Phone408-510-6100
Debt
Debt-to-Equity Ratio0.91%
Current Ratio2.24%
Quick Ratio1.99%
Price-To-Earnings
Trailing P/E Ratio-10.15
Forward P/E Ratio-13.32
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 / Book10.07
Profitability
EPS (Most Recent Fiscal Year)($0.41)
Net Income$-22,920,000.00
Net Margins-14.99%
Return on Equity-94.14%
Return on Assets-16.08%
Miscellaneous
Employees490
Outstanding Shares54,180,000
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 (NYSE:HIVE) issued its earnings results on Thursday, February, 8th. The communications equipment provider reported ($0.06) earnings per share for the quarter, missing the consensus estimate of $0.00 by $0.06. The communications equipment provider earned $37.20 million during the quarter, compared to analyst estimates of $37.04 million. Aerohive Networks had a negative return on equity of 94.14% and a negative net margin of 14.99%. The business's revenue for the quarter was down 10.8% on a year-over-year basis. During the same period in the previous year, the company earned ($0.04) earnings per share. View Aerohive Networks' Earnings History.
When is Aerohive Networks' next earnings date?
What price target have analysts set for HIVE?
4 equities research analysts have issued 12-month price targets for Aerohive Networks' stock. Their forecasts range from $4.50 to $9.00. On average, they anticipate Aerohive Networks' share price to reach $6.1250 in the next twelve months. View Analyst Ratings for Aerohive Networks.
Who are some of Aerohive Networks' key competitors?
Some companies that are related to Aerohive Networks include VASCO Data Security International (VDSI), Unisys (UIS), Ribbon Communications (RBBN), The Keyw (KEYW), Digimarc (DMRC), Simulations Plus (SLP), Borqs (BRQS), Agilysys (AGYS), Asure Software (ASUR), Travelzoo (TZOO), Mattersight (MATR), CSP (CSPI), Crexendo (CXDO), Streamline Health Solutions (STRM) and Creative Realities (CREX).
Who are Aerohive Networks' key executives?
Aerohive Networks' management team includes the folowing people:
- David K. Flynn, Chairman of the Board, President, Chief Executive Officer (Age 53)
- John Ritchie, Chief Financial Officer, Chief Operating Officer, Senior Vice President (Age 51)
- David Greene, Senior Vice President, Chief Marketing Officer (Age 51)
- Changming Liu, Chief Technology Officer, Director (Age 49)
- Steve Debenham, Vice President, General Counsel, Secretary (Age 56)
- Frank J. Marshall, Lead Independent Director (Age 70)
- Remo E. Canessa, Independent Director (Age 59)
- Curtis Evander Garner III, Independent Director (Age 47)
- John Gordon Payne, Independent Director (Age 54)
- Conway Rulon-Miller, Independent Director (Age 66)
Has Aerohive Networks been receiving favorable news coverage?
Headlines about HIVE stock have trended positive recently, according to Accern Sentiment. Accern identifies negative and positive media coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Aerohive Networks earned a media sentiment score of 0.29 on Accern's scale. They also gave news headlines about the communications equipment provider an impact score of 45.18 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company's share price in the near term.
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 $4.13.
How big of a company is Aerohive Networks?
Aerohive Networks has a market capitalization of $224.31 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 (HIVE)
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.
Aerohive Networks (NYSE:HIVE) Price Target and Consensus Rating
(How are Consensus Ratings Calculated?) MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
4 Wall Street analysts have issued ratings and price targets for Aerohive Networks in the last 12 months. Their average twelve-month price target is $6.1250, suggesting that the stock has a possible upside of 48.31%. The high price target for HIVE is $9.00 and the low price target for HIVE is $4.50. There are currently 1 hold rating and 3 buy ratings for the stock, resulting in a consensus rating of "Buy."
| Today | 30 Days Ago | 90 Days Ago | 180 Days Ago |
| Consensus Rating: | Buy | Buy | Buy | Buy |
| Consensus Rating Score: | 2.75 | 2.75 | 2.67 | 2.80 |
| Ratings Breakdown: | 0 Sell Rating(s)
1 Hold Rating(s)
3 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
1 Hold Rating(s)
3 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
2 Hold Rating(s)
4 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
1 Hold Rating(s)
4 Buy Rating(s)
0 Strong Buy Rating(s) |
| Consensus Price Target: | $6.1250 | $6.1250 | $6.31 | $6.31 |
| Price Target Upside: | 48.31% upside | 38.26% upside | 10.70% upside | 60.56% upside |
Aerohive Networks (NYSE:HIVE) Consensus Price Target History
Aerohive Networks (NYSE:HIVE) Analyst Ratings History
Show:
(Data available from 4/25/2016 forward)
Aerohive Networks (NYSE:HIVE) Dividend History by Quarter
| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
(Data available from 1/1/2013 forward)
Aerohive Networks (NYSE HIVE) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 26.13%
Institutional Ownership Percentage: 47.11%
Aerohive Networks (NYSE HIVE) Insider Trading History
| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Shares Held After Transaction | Details |
|---|
| 5/16/2017 | David K Flynn | CEO | Buy | 40,000 | $4.30 | $172,000.00 | 209,236 |  |
| 5/16/2017 | John Ritchie | CFO | Buy | 20,000 | $4.31 | $86,200.00 | 168,541 | |
| 12/16/2016 | Thomas J Wilburn | SVP | Sell | 20,000 | $6.00 | $120,000.00 | 280,924 | |
| 12/5/2016 | Raphael Gernez | SVP | Sell | 495 | $5.26 | $2,603.70 | 93,181 | |
| 5/26/2016 | Changming Liu | Director | Sell | 3,000 | $6.34 | $19,020.00 | 162,461 | |
| 5/17/2016 | Changming Liu | Director | Sell | 3,000 | $5.86 | $17,580.00 | 162,461 | |
| 4/19/2016 | Changming Liu | Director | Sell | 3,000 | $5.80 | $17,400.00 | 162,461 | |
| 4/18/2016 | Changming Liu | Director | Sell | 1,500 | $5.82 | $8,730.00 | 162,461 | |
| 4/8/2016 | Changming Liu | Director | Sell | 3,000 | $5.57 | $16,710.00 | 162,461 | |
| 3/24/2016 | Changming Liu | Director | Sell | 3,000 | $5.15 | $15,450.00 | 162,461 | |
| 3/9/2016 | Changming Liu | Director | Sell | 3,000 | $5.15 | $15,450.00 | 162,461 | |
| 2/25/2016 | Changming Liu | Director | Sell | 3,000 | $5.00 | $15,000.00 | 165,472 | |
| 2/12/2016 | Changming Liu | Director | Sell | 3,000 | $4.89 | $14,670.00 | 165,472 | |
| 1/28/2016 | Changming Liu | Director | Sell | 3,000 | $4.41 | $13,230.00 | 165,472 | |
| 1/15/2016 | Changming Liu | Director | Sell | 3,000 | $4.40 | $13,200.00 | 165,472 | |
| 12/30/2015 | Changming Liu | Director | Sell | 1,500 | $5.09 | $7,635.00 | 165,472 | |
| 12/29/2015 | Changming Liu | Director | Sell | 1,500 | $5.05 | $7,575.00 | 165,472 | |
| 12/15/2015 | Changming Liu | Director | Sell | 3,000 | $5.35 | $16,050.00 | 165,472 | |
| 12/4/2015 | Changming Liu | Director | Sell | 3,000 | $5.97 | $17,910.00 | 165,472 | |
| 11/25/2015 | Changming Liu | Director | Sell | 3,000 | $6.09 | $18,270.00 | 163,057 | |
| 11/17/2015 | Changming Liu | Director | Sell | 3,000 | $6.00 | $18,000.00 | 163,057 | |
| 11/6/2015 | Efstathios Papaefstathiou | SVP | Sell | 27,308 | $6.45 | $176,136.60 | 176,250 | |
| 10/21/2015 | Changming Liu | Director | Sell | 3,000 | $6.51 | $19,530.00 | 163,057 | |
| 10/8/2015 | Changming Liu | Director | Sell | 3,000 | $6.82 | $20,460.00 | 163,057 | |
| 9/24/2015 | Changming Liu | Director | Sell | 3,000 | $5.90 | $17,700.00 | 163,057 | |
| 9/4/2015 | David K Flynn | CEO | Buy | 3,728 | $6.16 | $22,964.48 | 1,419,778 | |
| 9/3/2015 | David K Flynn | CEO | Buy | 36,272 | $6.02 | $218,357.44 | 1,419,778 | |
| 8/18/2015 | Changming Liu | Director | Sell | 4,200 | $7.69 | $32,298.00 | 165,642 | |
| 7/10/2015 | Changming Liu | Director | Sell | 4,200 | $6.90 | $28,980.00 | | |
| 6/25/2015 | Changming Liu | Director | Sell | 4,200 | $7.50 | $31,500.00 | | |
| 6/9/2015 | Changming Liu | Director | Sell | 4,200 | $7.30 | $30,660.00 | | |
| 5/29/2015 | Changming Liu | Director | Sell | 4,200 | $7.15 | $30,030.00 | | |
| 5/19/2015 | Changming Liu | Director | Sell | 4,200 | $6.66 | $27,972.00 | | |
| 5/18/2015 | Changming Liu | Director | Sell | 2,100 | $6.73 | $14,133.00 | | |
| 4/29/2015 | Changming Liu | Director | Sell | 4,200 | $6.06 | $25,452.00 | | |
| 4/16/2015 | Changming Liu | Director | Sell | 42,000 | $5.02 | $210,840.00 | | |
(Data available from 1/1/2013 forward)
Aerohive Networks (NYSE HIVE) News Headlines
| Source: |
|
| Date | Headline |
|---|
 | This Morning's Research Reports on Communication Equipment Stocks -- A10 Networks, ADTRAN, Aerohive Networks, and BlackBerry
www.prnewswire.com - April 25 at 8:08 AM |
 | Aerohive Networks (HIVE) to Release Quarterly Earnings on Tuesday
www.americanbankingnews.com - April 24 at 5:17 AM |
 | Global Wi-Fi Market 2018-2022: Market is Expected to Grow from USD 5.96 Billion in 2017 to USD 15.60 Billion by 2022, at a CAGR of 21.2%
www.bizjournals.com - April 19 at 5:49 PM |
 | Aerohive® Delivers Industry-First Combined SD-WAN & SD-LAN User & App Traffic Management
finance.yahoo.com - April 19 at 8:07 AM |
| Aerohive® Enables Colruyt to Deliver on Commitment of Best-Price Guarantee and Operational Excellence
finance.yahoo.com - April 18 at 5:53 PM |
| Aerohive Networks (HIVE) Downgraded to Hold at Zacks Investment Research
www.americanbankingnews.com - April 17 at 4:47 PM |
| Aerohive Networks (HIVE) Rating Increased to Hold at Zacks Investment Research
www.americanbankingnews.com - April 17 at 11:05 AM |
| Aerohive Networks (HIVE) Given Average Rating of "Hold" by Brokerages
www.americanbankingnews.com - April 15 at 3:25 AM |
| Aerohive® Helps Customers Look Forward by Looking Back with Historical Comparative Analytics
finance.yahoo.com - April 12 at 8:12 AM |
| Aerohive Networks (HIVE) Downgraded by Zacks Investment Research
www.americanbankingnews.com - April 12 at 12:29 AM |
| Aerohive Networks (HIVE) Lowered to "Strong Sell" at ValuEngine
www.americanbankingnews.com - April 9 at 11:35 AM |
| Head-To-Head Comparison: Aerohive Networks (HIVE) versus Cerner (CERN)
www.americanbankingnews.com - April 9 at 3:13 AM |
| Aerohive Networks (HIVE) Raised to Sell at ValuEngine
www.americanbankingnews.com - April 8 at 12:22 PM |
| Reviewing Aerohive Networks (HIVE) & Travelzoo (TZOO)
www.americanbankingnews.com - April 7 at 3:15 PM |
| Aerohive® to Announce First Quarter 2018 Financial Results on May 2
finance.yahoo.com - April 4 at 4:23 PM |
| Zacks Investment Research Lowers Aerohive Networks (HIVE) to Hold
www.americanbankingnews.com - April 4 at 1:04 PM |
| The Industry’s First Enterprise-Class Pluggable Access Points Now Shipping
finance.yahoo.com - April 4 at 8:10 AM |
| Jackson Rancheria Casino Resort Chooses Aerohive® for Ease of Deployment and Network Management
finance.yahoo.com - April 3 at 8:10 AM |
| Aerohive® Given 5-Star Rating in CRN’s 2018 Partner Program Guide
finance.yahoo.com - April 2 at 5:35 PM |
| ValuEngine Lowers Aerohive Networks (HIVE) to Strong Sell
www.americanbankingnews.com - March 28 at 10:23 PM |
 | Aella Data Emerges from Stealth Mode Ahead of RSA® Conference 2018, Unveils Industry’s First AI-Driven Pervasive Breach Detection System
www.businesswire.com - March 28 at 5:28 PM |
| Aerohive Networks (HIVE) Downgraded by Dougherty & Co
www.americanbankingnews.com - March 27 at 7:26 PM |
| UniSea Chooses Aerohive® for Mission-critical Fishery Operations in Extreme Environmental Conditions
finance.yahoo.com - March 27 at 8:15 AM |
| Financial Analysis: Aerohive Networks (HIVE) vs. Corning (GLW)
www.americanbankingnews.com - March 24 at 7:14 AM |
| Aerohive Networks (HIVE) Rating Increased to Buy at Zacks Investment Research
www.americanbankingnews.com - March 24 at 12:28 AM |
| Pre-Market Technical Scan on Communication Equipment Equities -- A10 Networks, ADTRAN, Aerohive Networks, and BlackBerry
www.bizjournals.com - March 23 at 8:09 AM |
| Reviewing Aerohive Networks (HIVE) and Juniper Networks (JNPR)
www.americanbankingnews.com - March 21 at 10:40 AM |
| Aerohive Networks Inc (HIVE) Given Average Rating of "Hold" by Analysts
www.americanbankingnews.com - March 21 at 3:46 AM |
| FINAL DEADLINE ALERT - Bronstein, Gewirtz & Grossman, LLC Reminds Investors with Losses Exceeding $100K of Class Action Against Aerohive Networks, Inc. (HIVE) and Lead Plaintiff Deadline: March 20, 2018
finance.yahoo.com - March 20 at 5:25 PM |
| DEADLINE TODAY: The Schall Law Firm Announces the Filing of a Securities Class Action Lawsuit Against Aerohive Networks, Inc. And Reminds Investors With Losses To Contact The Firm
finance.yahoo.com - March 20 at 5:25 PM |
| DEADLINE TODAY: Levi & Korsinsky, LLP Reminds Shareholders of Aerohive Networks, Inc. It Has Filed a Class Action Complaint and a Lead Plaintiff Deadline of March 20, 2018 - HIVE
finance.yahoo.com - March 20 at 5:25 PM |
| DEADLINE TOMORROW: The Schall Law Firm Announces the Filing of a Securities Class Action Lawsuit Against Aerohive Networks, Inc. And Reminds Investors With Losses To Contact The Firm
finance.yahoo.com - March 20 at 8:14 AM |
| HIVE DEADLINE TOMORROW: The Law Offices of Vincent Wong Reminds Investors of a Class Action Involving Aerohive Networks, Inc. and a Lead Plaintiff Deadline of March 20, 2018
finance.yahoo.com - March 19 at 5:26 PM |
| FINAL DEADLINE NOTICE: The Schall Law Firm Announces the Filing of a Securities Class Action Lawsuit Against Aerohive Networks, Inc. And Reminds Investors With Losses To Contact The Firm
finance.yahoo.com - March 17 at 8:13 AM |
| DEADLINE IMMINENT: The Schall Law Firm Announces the Filing of a Securities Class Action Lawsuit Against Aerohive Networks, Inc. And Reminds Investors With Losses To Contact The Firm
finance.yahoo.com - March 16 at 6:38 PM |
| UPCOMING DEADLINE: The Klein Law Firm Reminds Investors of a Class Action Filed on Behalf of Aerohive Networks, Inc. Shareholders and a Lead Plaintiff Deadline of March 20, 2018 (HIVE)
finance.yahoo.com - March 16 at 6:38 PM |
| Glancy Prongay & Murray LLP Reminds Investors of the March 20, 2018 Deadline in the Class Action Lawsuit Against Aerohive Networks, Inc. (HIVE)
finance.yahoo.com - March 16 at 6:38 PM |
| Rosen Law Firm Reminds Aerohive Networks, Inc. Investors of Important March 20 Deadline in First Filed Class Action – HIVE
finance.yahoo.com - March 16 at 6:38 PM |
| 5-Day Deadline Alert: The Schall Law Firm Announces the Filing of a Securities Class Action Lawsuit Against Aerohive Networks, Inc. And Encourages Investors With Losses To Contact The Firm
finance.yahoo.com - March 15 at 6:24 PM |
| HIVE INVESTOR ALERT: Law Offices of Howard G. Smith Announces the Filing of a Securities Class Action on Behalf of Aerohive Networks, Inc. Investors
finance.yahoo.com - March 15 at 6:24 PM |
| UPCOMING DEADLINE ALERT: Levi & Korsinsky, LLP Reminds Shareholders of Aerohive Networks, Inc. It Has Filed a Class Action Complaint and a Lead Plaintiff Deadline of March 20, 2018 - HIVE
finance.yahoo.com - March 15 at 6:24 PM |
| 7-Day Deadline Alert: The Schall Law Firm Announces the Filing of a Securities Class Action Lawsuit Against Aerohive Networks, Inc. And Encourages Investors With Losses To Contact The Firm
finance.yahoo.com - March 14 at 7:19 PM |
| INVESTOR ALERT: Levi & Korsinsky, LLP Reminds Shareholders of Aerohive Networks, Inc. It Has Filed a Class Action Complaint and a Lead Plaintiff Deadline of March 20, 2018 – HIVE
finance.yahoo.com - March 14 at 7:19 PM |
| SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in Aerohive Networks, Inc. of Class Action Lawsuit and Upcoming Deadline – HIVE
finance.yahoo.com - March 14 at 7:19 PM |
| MARCH 20 DEADLINE: The Schall Law Firm Announces the Filing of a Securities Class Action Lawsuit Against Aerohive Networks, Inc. And Encourages Investors With Losses To Contact The Firm
finance.yahoo.com - March 14 at 7:19 PM |
| Contrasting Ribbon Communications (RBBN) and Aerohive Networks (HIVE)
www.americanbankingnews.com - March 14 at 12:35 PM |
| DEADLINE ALERT - Bronstein, Gewirtz & Grossman, LLC Reminds Investors of Class Action Against Aerohive Networks, Inc. (HIVE) and Lead Plaintiff Deadline: March 20, 2018
finance.yahoo.com - March 13 at 7:26 PM |
| Bulk TV Partners with Aerohive Networks Delivering Powerful Connectivity to Customers
finance.yahoo.com - March 13 at 7:26 PM |
| FINAL DEADLINE ALERT: Brower Piven Reminds Shareholders Of Approaching Deadline In Class Action Lawsuit And Encourages Investors Who Have Losses In Excess Of $100,000 From Investment In Aerohive Networks, Inc. To Contact The Firm
finance.yahoo.com - March 13 at 7:26 PM |
| DEADLINE REMINDER: The Schall Law Firm Announces the Filing of a Securities Class Action Lawsuit Against Aerohive Networks, Inc.
finance.yahoo.com - March 12 at 6:48 PM |
Aerohive Networks (NYSE:HIVE) SEC Filings
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Aerohive Networks (NYSE:HIVE) Income Statement, Balance Sheet and Cash Flow Statement
Aerohive Networks (NYSE HIVE) Stock Chart for Wednesday, April, 25, 2018
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