Comparing Aerohive Networks (NYSE:HIVE) & Its Competitors

Aerohive Networks (NYSE: HIVE) is one of 67 public companies in the “Communications & Networking” industry, but how does it compare to its rivals? We will compare Aerohive Networks to similar companies based on the strength of its dividends, analyst recommendations, risk, valuation, profitability, institutional ownership and earnings.

Risk & Volatility

Aerohive Networks has a beta of 1.59, suggesting that its share price is 59% more volatile than the S&P 500. Comparatively, Aerohive Networks’ rivals have a beta of 1.17, suggesting that their average share price is 17% more volatile than the S&P 500.

Profitability

This table compares Aerohive Networks and its rivals’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Aerohive Networks -18.58% -107.93% -21.00%
Aerohive Networks Competitors -2.32% -5.93% 0.30%

Valuation and Earnings

This table compares Aerohive Networks and its rivals gross revenue, earnings per share (EPS) and valuation.

Gross Revenue EBITDA Price/Earnings Ratio
Aerohive Networks $160.72 million -$23.73 million -6.82
Aerohive Networks Competitors $2.88 billion $624.22 million 27.12

Aerohive Networks’ rivals have higher revenue and earnings than Aerohive Networks. Aerohive Networks is trading at a lower price-to-earnings ratio than its rivals, indicating that it is currently more affordable than other companies in its industry.

Analyst Recommendations

This is a breakdown of recent ratings for Aerohive Networks and its rivals, as provided by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Aerohive Networks 0 1 4 0 2.80
Aerohive Networks Competitors 369 2415 3946 158 2.57

Aerohive Networks presently has a consensus target price of $6.31, suggesting a potential upside of 62.21%. As a group, “Communications & Networking” companies have a potential upside of 21.98%. Given Aerohive Networks’ stronger consensus rating and higher probable upside, research analysts plainly believe Aerohive Networks is more favorable than its rivals.

Insider & Institutional Ownership

44.7% of Aerohive Networks shares are held by institutional investors. Comparatively, 64.1% of shares of all “Communications & Networking” companies are held by institutional investors. 26.2% of Aerohive Networks shares are held by insiders. Comparatively, 13.4% of shares of all “Communications & Networking” companies are held by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.

Summary

Aerohive Networks rivals 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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