Critical Analysis: Aerohive Networks (HIVE) and Its Competitors
Aerohive Networks (NYSE: HIVE) is one of 70 publicly-traded companies in the “Communications & Networking” industry, but how does it contrast to its competitors? We will compare Aerohive Networks to similar companies based on the strength of its institutional ownership, profitability, risk, valuation, earnings, analyst recommendations and dividends.
This is a breakdown of current ratings and recommmendations for Aerohive Networks and its competitors, as reported by MarketBeat.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|Aerohive Networks Competitors||383||2515||4042||161||2.56|
Aerohive Networks currently has a consensus price target of $6.31, indicating a potential upside of 41.80%. As a group, “Communications & Networking” companies have a potential upside of 24.37%. Given Aerohive Networks’ stronger consensus rating and higher possible upside, research analysts clearly believe Aerohive Networks is more favorable than its competitors.
Valuation and Earnings
This table compares Aerohive Networks and its competitors revenue, earnings per share (EPS) and valuation.
|Gross Revenue||NetIncome||Price/Earnings Ratio|
|Aerohive Networks||$169.82 million||-$36.91 million||-8.90|
|Aerohive Networks Competitors||$3.30 billion||$346.42 million||-2.75|
Aerohive Networks’ competitors have higher revenue and earnings than Aerohive Networks. Aerohive Networks is trading at a lower price-to-earnings ratio than its competitors, indicating that it is currently more affordable than other companies in its industry.
This table compares Aerohive Networks and its competitors’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|Aerohive Networks Competitors||-2.41%||-6.19%||0.17%|
Risk and Volatility
Aerohive Networks has a beta of 1.57, meaning that its stock price is 57% more volatile than the S&P 500. Comparatively, Aerohive Networks’ competitors have a beta of 1.14, meaning that their average stock price is 14% more volatile than the S&P 500.
Insider & Institutional Ownership
44.6% of Aerohive Networks shares are owned by institutional investors. Comparatively, 62.9% of shares of all “Communications & Networking” companies are owned by institutional investors. 26.2% of Aerohive Networks shares are owned by company insiders. Comparatively, 12.4% of shares of all “Communications & Networking” companies are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.
Aerohive Networks competitors 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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