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Extreme Networks (EXTR)
NASDAQ:EXTR
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EXTR Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$10.50 - $25.51
Previous Close$14.99
Volume607.74K
Average Volume (3M)1.84M
Market Cap
$2.04B
Enterprise Value$2.04B
Total Cash (Recent Filing)$156.70M
Total Debt (Recent Filing)$239.60M
Price to Earnings (P/E)―
Beta1.05
Next Earnings
Oct 30, 2024EPS Estimate
$0.12Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.67
Shares Outstanding130,337,298
10 Day Avg. Volume1,226,063
30 Day Avg. Volume1,836,534
Standard Deviation0.17
R-Squared0.30
Alpha0.00597
Financial Highlights & Ratios
Price to Book (P/B)78.89
Price to Sales (P/S)1.77
Price to Cash Flow (P/CF)32.00
P/FCF Ratio32.30
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.82
Enterprise Value/Gross Profit3.23
Enterprise Value/Ebitda-37.13
Forecast
1Y Price Target
$15.50Price Target Upside-1.08% Downside
Rating ConsensusModerate Buy
Number of Analyst Covering3
Extreme Networks News
Bulls Say, Bears Say
Bulls Say
Financial PerformanceExtreme Networks is anticipated to achieve $1.00/share of EPS, suggesting significant potential for valuation recovery.
Growth And RecoveryGrowth in software, penetration into Service Provider VAR channels, and the MSSP market, along with share gains, are expected to bolster growth and help margins recover.
Market OpportunityExtreme Networks is expected to benefit from the merger of HP with Juniper and the disruption at Cisco with the Splunk acquisition, creating an opportunity to gain VARs and customers.
Bears Say
EarningsExtreme's revenues dropped significantly by 36%, indicating a challenging financial period.
Inventory ManagementThere is still $10-$12 million in channel inventories that need to be cleared, showing ongoing inventory challenges.
Regional PerformanceWeak macro conditions in EMEA, especially in Germany, are adversely affecting the company's performance.
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Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
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 $25.51 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 Oct 30, 2024 which is in 40 days.
How were Extreme Networks’s earnings last quarter?
Extreme Networks released its earnings results on Aug 07, 2024. The company reported $0.19 earnings per share for the quarter, beating the consensus estimate of $0.126 by $0.064.
Is Extreme Networks overvalued?
According to Wall Street analysts Extreme Networks’s price is currently Overvalued.
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 $0.12.
How many shares outstanding does Extreme Networks have?
Extreme Networks has 130,337,300 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, beating expectations of $0.126. Following the earnings report the stock price went down -2.317%.
Which hedge fund is a major shareholder of Extreme Networks?
Among the largest hedge funds holding Extreme Networks’s share is Royce & Associates LLC. It holds Extreme Networks’s shares valued at 1M.
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Extreme Networks Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$15.50 (-1.08% Downside)
$15.50 (-1.08% Downside)
Blogger Sentiment
Bullish
EXTR Sentiment 100%
Sector Average 66%
Sector Average 66%
Hedge Fund Trend
Decreased
By 154.7K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $540.7K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 2.8%
Last 30 Days ▼ 3.8%
Last 30 Days ▼ 3.8%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-38.08%
12-Months-Change
Fundamentals
Return on Equity
-121.05%
Trailing 12-Months
Asset Growth
-8.68%
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
Q4 2024
0:00 / 0:00
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EXTR Stock 12 Month Forecast
Average Price Target
$15.50
▼(-1.08% Downside)
Technical Analysis
Best Analysts Covering EXTR
1 Year
1 Year Success Rate
15/17 ratings generated profit
1 Year Average Return
+65.18%
reiterated a buy rating 5 months 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 +65.18% per trade.
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