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

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$4.23 +0.06 (+1.44 %)
(As of 08/17/2018 04:00 PM ET)
Previous Close$4.17
Today's Range$4.15 - $4.25
52-Week Range$3.27 - $6.50
Volume141,200 shs
Average Volume347,084 shs
Market Capitalization$253.38 million
P/E Ratio-10.17
Dividend YieldN/A
Beta1.14
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 Ratio1.60
Quick Ratio1.45

Price-To-Earnings

Trailing P/E Ratio-10.17
Forward P/E Ratio-14.59
P/E GrowthN/A

Sales & Book Value

Annual Sales$152.90 million
Price / Sales1.53
Cash FlowN/A
Price / CashN/A
Book Value$0.41 per share
Price / Book10.32

Profitability

EPS (Most Recent Fiscal Year)($0.41)
Net Income$-22,920,000.00
Net Margins-13.41%
Return on Equity-94.49%
Return on Assets-14.91%

Miscellaneous

Employees490
Outstanding Shares55,320,000
Market Cap$253.38 million

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 data on Wednesday, August, 1st. The communications equipment provider reported $0.02 earnings per share for the quarter, topping the consensus estimate of ($0.01) by $0.03. The communications equipment provider had revenue of $40.48 million for the quarter. Aerohive Networks had a negative net margin of 13.41% and a negative return on equity of 94.49%. 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, November, 7th 2018. View Earnings Estimates for Aerohive Networks.

What price target have analysts set for HIVE?

2 brokers have issued 1 year price targets for Aerohive Networks' shares. Their predictions 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 24.1% from the stock's current price. View Analyst Price Targets 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." View Analyst Ratings for Aerohive Networks.

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. Steve M. Debenham, Corp. VP, Gen. Counsel & Sec. (Age 56)
  • Ms. Valerie Junger, Corp. VP of HR & Real Estate

Has Aerohive Networks been receiving favorable news coverage?

News stories about HIVE stock have trended somewhat positive this week, Accern Sentiment reports. Accern identifies negative and positive press coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Aerohive Networks earned a news impact score of 0.19 on Accern's scale. They also assigned media headlines about the communications equipment provider an impact score of 48.56 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company's share price in the near term. View Recent Headlines for Aerohive Networks.

Who are Aerohive Networks' major shareholders?

Aerohive Networks' stock is owned by a number of of retail and institutional investors. Top institutional investors include BlackRock Inc. (4.21%), Renaissance Technologies LLC (4.20%), Royce & Associates LP (3.00%), Granahan Investment Management Inc. MA (2.41%), Russell Investments Group Ltd. (2.27%) and Paradigm Capital Management Inc. NY (1.90%). 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 selling Aerohive Networks stock?

HIVE stock was sold by a variety of institutional investors in the last quarter, including Millennium Management LLC, Institutional Venture Management XIII LLC, Russell Investments Group Ltd., Spark Investment Management LLC, Boston Partners, American Century Companies Inc. and Alambic Investment Management L.P.. View Insider Buying and Selling for Aerohive Networks.

Which institutional investors are buying Aerohive Networks stock?

HIVE stock was purchased by a variety of institutional investors in the last quarter, including Paradigm Capital Management Inc. NY, Renaissance Technologies LLC, BlackRock Inc., Royce & Associates LP, Granahan Investment Management Inc. MA, GSA Capital Partners LLP, Strs Ohio and Acadian Asset Management 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 $4.23.

How big of a company is Aerohive Networks?

Aerohive Networks has a market capitalization of $253.38 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:  252 (Vote Outperform)
Underperform Votes:  156 (Vote Underperform)
Total Votes:  408
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 8/17/2018 by MarketBeat.com Staff

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