Contrasting Aerohive Networks (HIVE) and Its Peers

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

Profitability

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 -18.58% -107.93% -21.00%
Aerohive Networks Competitors -2.08% -5.76% 0.41%

Insider & Institutional Ownership

44.7% of Aerohive Networks shares are owned by institutional investors. Comparatively, 64.8% of shares of all “Communications & Networking” companies are owned by institutional investors. 26.2% of Aerohive Networks shares are owned by insiders. Comparatively, 13.2% of shares of all “Communications & Networking” companies are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.

Risk & Volatility

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

Analyst Recommendations

This is a summary of current ratings and price targets for Aerohive Networks and its peers, as provided by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Aerohive Networks 0 1 4 0 2.80
Aerohive Networks Competitors 368 2399 3935 157 2.57

Aerohive Networks currently has a consensus price target of $6.31, suggesting a potential upside of 58.54%. As a group, “Communications & Networking” companies have a potential upside of 23.01%. Given Aerohive Networks’ stronger consensus rating and higher possible upside, equities analysts plainly believe Aerohive Networks is more favorable than its peers.

Valuation & Earnings

This table compares Aerohive Networks and its peers top-line revenue, earnings per share (EPS) and valuation.

Gross Revenue EBITDA Price/Earnings Ratio
Aerohive Networks $160.72 million -$23.73 million -6.98
Aerohive Networks Competitors $2.88 billion $624.22 million 27.33

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

Summary

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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