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.
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-9.90
Forward P/E Ratio-13.10
P/E GrowthN/A
Sales & Book Value
Annual Sales$152.90 million
Price / Sales1.45
Cash FlowN/A
Price / CashN/A
Book Value$0.41 per share
Price / Book9.90
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$221.25
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 analysts' consensus estimates of ($0.07) by $0.01. The communications equipment provider had revenue of $35.77 million for the quarter, compared to analyst estimates of $34.93 million. Aerohive Networks had a negative net margin of 13.93% and a negative return on equity of 95.00%. Aerohive Networks's revenue for the quarter was down 1.5% compared to the same quarter last year. During the same period last year, the firm earned ($0.08) earnings per share. View Aerohive Networks' Earnings History.
When is Aerohive Networks' next earnings date?
What price target have analysts set for HIVE?
2 brokers have issued 1-year price targets for Aerohive Networks' shares. Their forecasts range from $4.50 to $6.00. On average, they anticipate Aerohive Networks' stock price to reach $5.25 in the next year. This suggests a possible upside of 29.3% 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 in 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. Currently, 1.8% of the company's shares are sold short. View Aerohive Networks' Current Options Chain.
Who are some of Aerohive Networks' key competitors?
Some companies that are related to Aerohive Networks include VASCO Data Security International (VDSI), Onespan (OSPN), Ribbon Communications (RBBN), Unisys (UIS), KEYW (KEYW), Agilysys (AGYS), Digimarc (DMRC), Simulations Plus (SLP), Travelzoo (TZOO), Asure Software (ASUR), Borqs Technologies (BRQS), Mattersight (MATR), CSP (CSPI), Crexendo (CXDO) and Streamline Health Solutions (STRM).
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?
Headlines about HIVE stock have been trending somewhat positive on Thursday, Accern reports. Accern identifies positive and negative press coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded 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 0.11 on Accern's scale. They also gave news headlines about the communications equipment provider an impact score of 48.55 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the near 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 acquired 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 $4.06.
How big of a company is Aerohive Networks?
Aerohive Networks has a market capitalization of $221.25 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)
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.
