Aerohive Networks (HIVE) vs. Its Rivals Financial Review
Aerohive Networks (NYSE: HIVE) is one of 64 public companies in the “Communications & Networking” industry, but how does it weigh in compared to its peers? We will compare Aerohive Networks to similar companies based on the strength of its analyst recommendations, risk, valuation, earnings, institutional ownership, profitability and dividends.
This is a breakdown of current ratings and recommmendations for Aerohive Networks and its peers, as provided by MarketBeat.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|Aerohive Networks Competitors||385||2367||3968||165||2.57|
Aerohive Networks currently has a consensus target price of $6.31, indicating a potential upside of 29.04%. As a group, “Communications & Networking” companies have a potential upside of 12.11%. Given Aerohive Networks’ stronger consensus rating and higher possible upside, equities analysts plainly believe Aerohive Networks is more favorable than its peers.
Earnings & Valuation
This table compares Aerohive Networks and its peers revenue, earnings per share and valuation.
|Gross Revenue||NetIncome||Price/Earnings Ratio|
|Aerohive Networks||$169.82 million||-$36.91 million||-9.78|
|Aerohive Networks Competitors||$3.30 billion||$346.33 million||-57.93|
Aerohive Networks’ peers have higher revenue and earnings than Aerohive Networks. Aerohive Networks is trading at a higher price-to-earnings ratio than its peers, indicating that it is currently more expensive than other companies in its industry.
This table compares Aerohive Networks and its peers’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|Aerohive Networks Competitors||-1.79%||-8.30%||-0.14%|
Risk and Volatility
Aerohive Networks has a beta of 1.57, suggesting that its share price is 57% more volatile than the S&P 500. Comparatively, Aerohive Networks’ peers have a beta of 1.13, suggesting that their average share price is 13% more volatile than the S&P 500.
Insider & Institutional Ownership
45.9% of Aerohive Networks shares are held by institutional investors. Comparatively, 64.6% of shares of all “Communications & Networking” companies are held by institutional investors. 26.2% of Aerohive Networks shares are held by company insiders. Comparatively, 12.8% of shares of all “Communications & Networking” companies are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.
Aerohive Networks peers beat Aerohive Networks on 7 of the 12 factors compared.
Aerohive Networks Company Profile
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.
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