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

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$6.35 +0.12 (+1.93 %)
(As of 01/17/2019 04:00 PM ET)
Previous Close$6.23
Today's Range$6.18 - $6.37
52-Week Range$4.81 - $15.55
Volume1.23 million shs
Average Volume1.31 million shs
Market Capitalization$752.63 million
P/E Ratio14.43
Dividend YieldN/A
Beta0.83
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$0.8687 per share
Book Value$0.97 per share

Profitability

Net Income$-46,790,000.00

Miscellaneous

Employees2,713
Market Cap$752.63 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) issued its earnings results on Friday, November, 2nd. The technology company reported $0.08 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.03 by $0.05. The technology company earned $239.89 million during the quarter, compared to the consensus estimate of $233.36 million. Extreme Networks had a positive return on equity of 35.66% and a negative net margin of 5.96%. The company's revenue was up 13.3% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.16 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, January 29th 2019. View Earnings Estimates for Extreme Networks.

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

Extreme Networks updated its second quarter earnings guidance on Friday, November, 2nd. The company provided EPS guidance of $0.06-0.13 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.10. The company issued revenue guidance of $239-249 million, compared to the consensus revenue estimate of $244.66 million.

What price target have analysts set for EXTR?

4 Wall Street analysts have issued 1-year price targets for Extreme Networks' shares. Their forecasts range from $6.50 to $15.50. On average, they expect Extreme Networks' share price to reach $11.00 in the next twelve months. This suggests a possible upside of 73.2% 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 negative this week, InfoTrie Sentiment Analysis reports. The research group rates the sentiment of media coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Extreme Networks earned a media sentiment score of -2.8 on InfoTrie's scale. They also assigned media stories about the technology company a news buzz of 2.0 out of 10, indicating that recent media coverage is very unlikely to have an effect 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 variety of of retail and institutional investors. Top institutional investors include Louisiana State Employees Retirement System (0.04%) and Virtu Financial LLC (0.02%). 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 institutional investors are selling Extreme Networks stock?

EXTR stock was sold by a variety of institutional investors in the last quarter, including Louisiana State Employees Retirement System. View Insider Buying and Selling for Extreme Networks.

Which institutional investors are buying Extreme Networks stock?

EXTR stock was bought by a variety of institutional investors in the last quarter, including Virtu Financial LLC. 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 $6.35.

How big of a company is Extreme Networks?

Extreme Networks has a market capitalization of $752.63 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:  2.8 out of 5 (star star)
Outperform Votes:  294 (Vote Outperform)
Underperform Votes:  237 (Vote Underperform)
Total Votes:  531
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 1/17/2019 by MarketBeat.com Staff

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