NASDAQ:EXTR - Extreme Networks Stock Price, News, & Analysis

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$7.85 +0.17 (+2.21 %)
(As of 02/19/2019 04:03 AM ET)
Previous Close$7.68
Today's Range$7.67 - $7.95
52-Week Range$4.81 - $13.05
Volume1.54 million shs
Average Volume1.59 million shs
Market Capitalization$916.57 million
P/E Ratio17.84
Dividend YieldN/A
Beta1.08
Extreme Networks, Inc. provides software-driven networking solutions for enterprise customers worldwide. It designs, develops, and manufactures wired and wireless network infrastructure equipment; and develops the software for network management, policy, analytics, security, and access controls. The company offers edge/access Ethernet switching systems that deliver Ethernet connectivity for edge of the network; aggregation/core Ethernet switching systems for aggregation, top-of-rack, and campus core environments; data center switching systems for enterprises and cloud data centers; and wireless access point products, as well as distributed Wi-Fi networks. It also provides ExtremeControl, a network access control solution that allows the enterprises to unify the security of their wired and wireless networks with visibility and control over users, devices, and applications; and ExtremeAnalytics, a network-powered application analytics and optimization solution, which captures, aggregates, analyzes, correlates, and reports network data that enables in decision making and enhancing business performance. In addition, the company offers ExtremeGuest and ExtremeLocation, which are cloud services that enable enterprises to incorporate location-based services; and ExtremeCloud, a wired and wireless cloud network management solution, which offers visibility and control over users and applications. It markets and sells its products through distributors, resellers, and field sales organizations. The company serves enterprises and organizations in education, healthcare, manufacturing, hospitality, transportation, and logistics, as well as government agencies, private cloud data centers, and universities. Extreme Networks, Inc. was founded in 1996 and is headquartered in San Jose, California.

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Industry, Sector and Symbol

Industry Computer & office equipment
Sub-IndustryCommunications Equipment
SectorComputer and Technology
Current SymbolNASDAQ:EXTR
CUSIP30226D10
Phone408-579-2800

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$983.14 million
Cash Flow$0.9107 per share
Book Value$0.99 per share

Profitability

Net Income$-46,790,000.00

Miscellaneous

Employees2,713
Market Cap$916.57 million
OptionableOptionable

Extreme Networks (NASDAQ:EXTR) Frequently Asked Questions

What is Extreme Networks' stock symbol?

Extreme Networks trades on the NASDAQ under the ticker symbol "EXTR."

How were Extreme Networks' earnings last quarter?

Extreme Networks, Inc (NASDAQ:EXTR) released its earnings results on Tuesday, January, 29th. The technology company reported $0.13 EPS for the quarter, beating the consensus estimate of $0.04 by $0.09. The technology company earned $252.70 million during the quarter, compared to analyst estimates of $244.45 million. Extreme Networks had a negative net margin of 2.04% and a positive return on equity of 36.26%. The business's quarterly revenue was up 9.3% on a year-over-year basis. During the same period in the prior year, the business earned $0.14 earnings per share. View Extreme Networks' Earnings History.

When is Extreme Networks' next earnings date?

Extreme Networks is scheduled to release their next quarterly earnings announcement on Tuesday, May 14th 2019. View Earnings Estimates for Extreme Networks.

What guidance has Extreme Networks issued on next quarter's earnings?

Extreme Networks issued an update on its FY 2019 earnings guidance on Tuesday, January, 29th. The company provided EPS guidance of for the period. The company issued revenue guidance of $1 billion, compared to the consensus revenue estimate of $1.01 billion.Extreme Networks also updated its Q3 guidance to $0.06-0.13 EPS.

What price target have analysts set for EXTR?

4 Wall Street analysts have issued 1-year price objectives for Extreme Networks' stock. Their forecasts range from $6.50 to $13.00. On average, they expect Extreme Networks' share price to reach $9.50 in the next twelve months. This suggests a possible upside of 21.0% from the stock's current price. View Analyst Price Targets for Extreme Networks.

What is the consensus analysts' recommendation for Extreme Networks?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Extreme Networks in the last year. There are currently 2 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Extreme Networks.

Has Extreme Networks been receiving favorable news coverage?

Media headlines about EXTR stock have been trending positive this week, according to InfoTrie Sentiment Analysis. The research group rates the sentiment of press coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Extreme Networks earned a news sentiment score of 2.3 on InfoTrie's scale. They also gave news stories about the technology company a news buzz of 6.0 out of 10, indicating that recent press coverage is somewhat likely to have an impact on the stock's share price in the next few days.

Who are some of Extreme Networks' key competitors?

Who are Extreme Networks' key executives?

Extreme Networks' management team includes the folowing people:
  • Mr. Edward B. Meyercord III, Pres, CEO & Exec. Director (Age 54)
  • Mr. Robert J. Gault, Chief Revenue & Services Officer (Age 56)
  • Mr. Rémi Thomas, Chief Financial Officer
  • Mr. Eric Broockman, Chief Technology & Engineering Officer (Age 64)
  • Ms. Katayoun Motiey, Chief Admin. Officer & Corp. Sec.

Who are Extreme Networks' major shareholders?

Extreme Networks' stock is owned by a number of of retail and institutional investors. Top institutional investors include BlackRock Inc. (13.92%), Millennium Management LLC (1.95%), Northern Trust Corp (1.29%), D. E. Shaw & Co. Inc. (1.28%), State of New Jersey Common Pension Fund D (1.18%) and Bank of New York Mellon Corp (1.15%). Company insiders that own Extreme Networks stock include Charles Carinalli, Edward H Kennedy, Edward Meyercord, John C Shoemaker, Kathleen M Holmgren and Raj Khanna. View Institutional Ownership Trends for Extreme Networks.

Which major investors are selling Extreme Networks stock?

EXTR stock was sold by a variety of institutional investors in the last quarter, including United Services Automobile Association, SG Americas Securities LLC, State of New Jersey Common Pension Fund D, BlackRock Inc., Bank of New York Mellon Corp, Principal Financial Group Inc., Virginia Retirement Systems ET AL and Dimensional Fund Advisors LP. View Insider Buying and Selling for Extreme Networks.

Which major investors are buying Extreme Networks stock?

EXTR stock was purchased by a variety of institutional investors in the last quarter, including Millennium Management LLC, Keeley Teton Advisors LLC, D. E. Shaw & Co. Inc., Boston Partners, Horrell Capital Management Inc., Oregon Public Employees Retirement Fund, Assenagon Asset Management S.A. and Prudential Financial Inc.. Company insiders that have bought Extreme Networks stock in the last two years include Edward H Kennedy, Edward Meyercord, John C Shoemaker, Kathleen M Holmgren and Raj Khanna. View Insider Buying and Selling for Extreme Networks.

How do I buy shares of Extreme Networks?

Shares of EXTR can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Extreme Networks' stock price today?

One share of EXTR stock can currently be purchased for approximately $7.85.

How big of a company is Extreme Networks?

Extreme Networks has a market capitalization of $916.57 million and generates $983.14 million in revenue each year. The technology company earns $-46,790,000.00 in net income (profit) each year or $0.44 on an earnings per share basis. Extreme Networks employs 2,713 workers across the globe.

What is Extreme Networks' official website?

The official website for Extreme Networks is http://www.extremenetworks.com.

How can I contact Extreme Networks?

Extreme Networks' mailing address is 6480 VIA DEL ORO, SAN JOSE CA, 95119. The technology company can be reached via phone at 408-579-2800 or via email at [email protected]


MarketBeat Community Rating for Extreme Networks (NASDAQ EXTR)

Community Ranking:  2.7 out of 5 (star star)
Outperform Votes:  298 (Vote Outperform)
Underperform Votes:  244 (Vote Underperform)
Total Votes:  542
MarketBeat's community ratings are surveys of what our community members think about Extreme Networks and other stocks. Vote "Outperform" if you believe EXTR will outperform the S&P 500 over the long term. Vote "Underperform" if you believe EXTR will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 2/19/2019 by MarketBeat.com Staff

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