Aerohive Networks Inc. (HIVE)’s Financial Results Comparing With RigNet Inc. (NASDAQ:RNET)

This is a contrast between Aerohive Networks Inc. (NYSE:HIVE) and RigNet Inc. (NASDAQ:RNET) based on their profitability, analyst recommendations, institutional ownership, risk, dividends, earnings and valuation. The two companies are Communication Equipment and they also compete with each other.

Valuation and Earnings

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
Aerohive Networks Inc. 4 1.70 N/A -0.35 0.00
RigNet Inc. 10 0.59 N/A -3.52 0.00

Table 1 shows gross revenue, earnings per share and valuation of the two companies.

Profitability

Table 2 has Aerohive Networks Inc. and RigNet Inc.’s return on assets, return on equity and net margins.

Net Margins Return on Equity Return on Assets
Aerohive Networks Inc. 0.00% -109.7% -14.2%
RigNet Inc. 0.00% -86.5% -26.9%

Risk and Volatility

Aerohive Networks Inc. has a 1.31 beta, while its volatility is 31.00%, thus making it more volatile than Standard and Poor’s 500. Competitively, RigNet Inc.’s 71.00% volatility makes it more volatile than Standard and Poor’s 500, because of the 1.71 beta.

Liquidity

The current Quick Ratio of Aerohive Networks Inc. is 1.8 while its Current Ratio is 2. Meanwhile, RigNet Inc. has a Current Ratio of 0.9 while its Quick Ratio is 0.9. Aerohive Networks Inc. is better positioned to pay off its short-term and long-term debts than RigNet Inc.

Analyst Ratings

The Recommendations and Ratings for Aerohive Networks Inc. and RigNet Inc. are featured in the next table.

Sell Ratings Hold Ratings Buy Ratings Rating Score
Aerohive Networks Inc. 0 0 0 0.00
RigNet Inc. 0 0 1 3.00

Meanwhile, RigNet Inc.’s consensus target price is $24, while its potential upside is 231.49%.

Insider and Institutional Ownership

The shares of both Aerohive Networks Inc. and RigNet Inc. are owned by institutional investors at 76.6% and 88% respectively. Aerohive Networks Inc.’s share owned by insiders are 5.1%. Insiders Competitively, owned 1.7% of RigNet Inc. shares.

Performance

In this table we show the Weekly, Monthly, Quarterly, Half Yearly, Yearly and YTD Performance of both pretenders.

Performance (W) Performance (M) Performance (Q) Performance (HY) Performance (Y) Performance (YTD)
Aerohive Networks Inc. 0.23% 0.23% 26.14% 16.23% 10.17% 36.2%
RigNet Inc. -4.69% -17.72% -8.97% -34.7% -27.25% -30.93%

For the past year Aerohive Networks Inc. had bullish trend while RigNet Inc. had bearish trend.

Summary

On 5 of the 8 factors Aerohive Networks Inc. beats RigNet Inc.

Aerohive Networks, Inc., together with its subsidiaries, designs and develops cloud networking and enterprise Wi-Fi solutions in 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, a network management application; and Mobility Suite, which includes guest access, personal device access, ID manager, and social login applications. The company sells its products to industry verticals, including K-12 and higher education, distributed enterprises, retail, 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.

RigNet, Inc. provides systems and solutions for customers with data networking and operational requirements the United States and internationally. The company operates through two segments, Managed Services; and Systems Integration and Automation. It offers remote communications services for offshore and onshore drilling rigs and production facilities, as well as support vessels and other remote sites; multiprotocol label switching global network services; proactive network monitoring and management through network operations centers; and systems integration services to design, assemble, install, and commission turn-key solutions for customer communications systems. The company also provides a communications package of voice, data, video, networking, and real-time data management to offshore and land-based remote locations; voice-over-Internet-protocol, data, and high-speed Internet access; and other value-added services, such as video conferencing solutions, wide area network acceleration solutions, real-time data management solutions, Wi-Fi hotspots, wireless intercoms, and handheld radios, as well as asset and weather monitoring. In addition, it offers consultancy services, design, engineering, project management, procurement, testing, installation, commissioning, and maintenance services; and Secure Oil Information Link, a managed members-only communications network hub that enables collaborative partners, suppliers, and customers to transfer and share data. Further, the company provides microwave and WiMAX networks in the U.S. Gulf of Mexico serving drillers, producers, and energy vessel owners; very small aperture terminal (VSAT) services; an M2M SCADA VSAT network services to the pipeline industry; and a L-band MSS retail energy services. It serves offshore and land-based drilling rigs, offshore and onshore production facilities, maritime vessels, and regional support offices. RigNet, Inc. was founded in 2000 and is headquartered in Houston, Texas.

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