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Extreme Networks (EXTR)
NASDAQ:EXTR
Extreme Networks (EXTR) Stock Price & Analysis
723 Followers
EXTR Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$10.50 - $32.73
Previous Close$11.67
Volume2.21M
Average Volume (3M)2.20M
Market Cap
$1.52B
Enterprise Value$1.54B
Total Cash (Recent Filing)$221.40M
Total Debt (Recent Filing)$246.79M
Price to Earnings (P/E)-189.1
Beta0.99
Next Earnings
Aug 07, 2024EPS Estimate
$0.13Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.06
Shares Outstanding129,947,600
10 Day Avg. Volume2,570,217
30 Day Avg. Volume2,195,191
Standard Deviation0.18
R-Squared0.32
Alpha0.00098
Financial Highlights & Ratios
Price to Book (P/B)-5.05
Price to Sales (P/S)5.12
Price to Cash Flow (P/CF)11.10
P/FCF Ratio12.20
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.60
Enterprise Value/Gross Profit2.04
Enterprise Value/Ebitda10.46
Forecast
1Y Price Target
$15.10Price Target Upside29.39% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering5
Extreme Networks News
Bulls Say, Bears Say
Bulls Say
Cost ManagementThe company has successfully reduced operating expenses significantly due to effective cost-cutting measures.
Financial ForecastManagement expects conditions to improve, with growth anticipated in the upcoming quarters.
Financial PerformanceThe firm's focus on efficient operations is paying off, with a strong pipeline and robust growth in SaaS revenue.
Bears Say
Financial PerformanceExtreme's recent quarter was rough with revenues down 36% and earnings per share only slightly better than expected at a loss of $0.20.
Future OutlookExtreme offered an exceptionally dismal guide for the March quarter.
Inventory LevelsChannel Inventories came down but there is still more that needs to be cleared.
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Ownership Overview
10.93% Insiders
29.08% Mutual Funds
54.24% Other Institutional Investors
5.75% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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EXTR FAQ
What was Extreme Networks’s price range in the past 12 months?
Extreme Networks lowest stock price was $10.49 and its highest was $32.73 in the past 12 months.
What is Extreme Networks’s market cap?
Currently, no data Available
When is Extreme Networks’s upcoming earnings report date?
Extreme Networks’s upcoming earnings report date is Aug 07, 2024 which is in 80 days.
How were Extreme Networks’s earnings last quarter?
Extreme Networks released its earnings results on May 01, 2024. The company reported -$0.19 earnings per share for the quarter, missing the consensus estimate of -$0.179 by -$0.011.
Is Extreme Networks overvalued?
According to Wall Street analysts Extreme Networks’s price is currently Undervalued.
Does Extreme Networks pay dividends?
Extreme Networks does not currently pay dividends.
What is Extreme Networks’s EPS estimate?
Extreme Networks’s EPS estimate is $0.13.
How many shares outstanding does Extreme Networks have?
Extreme Networks has 129,947,600 shares outstanding.
What happened to Extreme Networks’s price movement after its last earnings report?
Extreme Networks reported an EPS of -$0.19 in its last earnings report, missing expectations of -$0.179. Following the earnings report the stock price went up 2.232%.
Which hedge fund is a major shareholder of Extreme Networks?
Among the largest hedge funds holding Extreme Networks’s share is Gotham Asset Management LLC. It holds Extreme Networks’s shares valued at 3M.
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Extreme Networks Stock Smart Score
Neutral
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Analyst Consensus
Strong Buy
Average Price Target:
$15.10 (29.39% Upside)
$15.10 (29.39% Upside)
Blogger Sentiment
Bullish
EXTR Sentiment 100%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Decreased
By 956.1K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $531.0K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 0.5%
Last 30 Days ▼ 4.2%
Last 30 Days ▼ 4.2%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-34.29%
12-Months-Change
Fundamentals
Return on Equity
-7.53%
Trailing 12-Months
Asset Growth
1.60%
Trailing 12-Months
Company Description
Extreme Networks
Extreme Networks, Inc. engages in providing software driven networking solutions for enterprise, data center, and service provider customers. It designs, develops, and manufactures wired and wireless network infrastructure equipment and develops the software for network management, policy, analytics, security, and access controls. Its products include ExtremeApplications, ExtremeSwicthing, ExtremeRouting and ExtremeMobiliy. The company was founded in May 1996 and is headquartered in San Jose, CA.
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EXTR Company Deck
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EXTR Earnings Call
Q3 2024
0:00 / 0:00
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EXTR Stock 12 Month Forecast
Average Price Target
$15.10
▲(29.39% Upside)
Technical Analysis
Best Analysts Covering EXTR
1 Year
1 Year Success Rate
15/17 ratings generated profit
1 Year Average Return
+61.71%
reiterated a buy rating 17 days ago
Copying Dave Kang's trades and holding each position for 1 Year would result in 88.24% of your transactions generating a profit, with an average return of +61.71% per trade.
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