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

Sign in or create an account to add this stock to your watchlist.
$4.26 +0.01 (+0.24 %)
(As of 06/17/2018 04:00 PM ET)
Previous Close$4.26
Today's Range$4.18 - $4.28
52-Week Range$3.02 - $6.50
Volume244,061 shs
Average Volume345,501 shs
Market Capitalization$232.72 million
P/E Ratio-10.39
Dividend YieldN/A
Beta1.15

About Aerohive Networks (NYSE:HIVE)

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.

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.

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 RatioN/A
Current Ratio1.59
Quick Ratio1.40

Price-To-Earnings

Trailing P/E Ratio-10.39
Forward P/E Ratio-13.74
P/E GrowthN/A

Sales & Book Value

Annual Sales$152.90 million
Price / Sales1.52
Cash FlowN/A
Price / CashN/A
Book Value$0.41 per share
Price / Book10.39

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

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) announced its earnings results on Wednesday, May, 2nd. The communications equipment provider reported ($0.06) earnings per share for the quarter, beating the consensus estimate of ($0.07) by $0.01. The communications equipment provider had revenue of $35.77 million for the quarter, compared to the consensus estimate of $34.93 million. Aerohive Networks had a negative return on equity of 95.00% and a negative net margin of 13.93%. The firm's revenue for the quarter was down 1.5% on a year-over-year basis. During the same quarter in the previous year, the business earned ($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 Tuesday, July, 31st 2018. View Earnings Estimates for Aerohive Networks.

What price target have analysts set for HIVE?

2 brokerages have issued twelve-month target prices for Aerohive Networks' stock. Their predictions range from $4.50 to $6.00. On average, they expect Aerohive Networks' share price to reach $5.25 in the next twelve months. 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. Changming Liu, Founder & Director (Age 50)
  • Mr. Steve M. Debenham, VP of Legal Services, Gen. Counsel & Sec. (Age 56)
  • Ms. Jenni Adair, Director of Corp. Communications

Has Aerohive Networks been receiving favorable news coverage?

Media headlines about HIVE stock have trended somewhat positive recently, according to Accern Sentiment Analysis. The research group scores the sentiment of press coverage by analyzing more than 20 million news and blog 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 news impact score of 0.10 on Accern's scale. They also gave headlines about the communications equipment provider an impact score of 46.61 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company's share price in the next few days.

Who are Aerohive Networks' major shareholders?

Aerohive Networks' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (3.86%), Russell Investments Group Ltd. (3.21%), Millennium Management LLC (2.52%), Boston Partners (1.53%), Spark Investment Management LLC (0.97%) and Northern Trust Corp (0.66%). 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, Boston Partners, Worth Venture Partners LLC, Worth Venture Partners LLC and Russell Investments Group Ltd.. 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 Alambic Investment Management L.P., A.R.T. Advisors LLC, Spark Investment Management LLC, Emancipation Management LLC, BlackRock Inc., Barclays PLC, JPMorgan Chase & Co. and NJ State Employees Deferred Compensation Plan. 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 $4.26.

How big of a company is Aerohive Networks?

Aerohive Networks has a market capitalization of $232.72 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)

Community Ranking:  3.1 out of 5 (star star star)
Outperform Votes:  233 (Vote Outperform)
Underperform Votes:  148 (Vote Underperform)
Total Votes:  381
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 6/17/2018 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.