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

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$6.26 +0.02 (+0.32 %)
(As of 08/19/2018 09:07 AM ET)
Previous Close$6.26
Today's Range$6.13 - $6.28
52-Week Range$5.35 - $15.55
Volume2.10 million shs
Average Volume2.40 million shs
Market Capitalization$748.67 million
P/E Ratio14.23
Dividend YieldN/A
Beta1.39
Extreme Networks logoExtreme Networks, Inc. provides software-driven networking solutions for enterprise customers worldwide. The company designs, develops, and manufactures wired and wireless network infrastructure equipment; and develops the software for network management, policy, analytics, security, and access controls. It offers edge/access Ethernet switching systems that delivers 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. The company 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, it offers ExtremeCloud, a wired and wireless cloud network management solution, which offers advanced visibility and control over users and applications. The company sells and markets its products through distributors, resellers, and field sales organizations. It serves enterprises and organizations in education, healthcare, manufacturing, hospitality, transportation, and logistics, as well as government agencies. Extreme Networks, Inc. was founded in 1996 and is headquartered in San Jose, California.

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Industry, Sector and Symbol

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

Debt

Debt-to-Equity Ratio1.67
Current Ratio1.19
Quick Ratio1.01

Price-To-Earnings

Trailing P/E Ratio14.23
Forward P/E Ratio6.52
P/E Growth0.4

Sales & Book Value

Annual Sales$983.14 million
Price / Sales0.74
Cash Flow$0.8425 per share
Price / Cash7.43
Book Value$0.97 per share
Price / Book6.45

Profitability

EPS (Most Recent Fiscal Year)$0.44
Net Income$-46,790,000.00
Net Margins-4.76%
Return on Equity43.70%
Return on Assets7.29%

Miscellaneous

Employees1,628
Outstanding Shares115,890,000
Market Cap$748.67 million

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) posted its earnings results on Wednesday, August, 8th. The technology company reported $0.20 EPS for the quarter, beating the Zacks' consensus estimate of $0.19 by $0.01. The technology company had revenue of $278.30 million for the quarter, compared to the consensus estimate of $279.22 million. Extreme Networks had a positive return on equity of 43.70% and a negative net margin of 4.76%. The company's revenue for the quarter was up 55.6% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.17 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, November, 6th 2018. View Earnings Estimates for Extreme Networks.

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

Extreme Networks updated its first quarter earnings guidance on Wednesday, August, 8th. The company provided earnings per share (EPS) guidance of $0.00-0.07 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.21. The company issued revenue guidance of $230-240 million, compared to the consensus revenue estimate of $268.74 million.

What price target have analysts set for EXTR?

5 brokers have issued twelve-month target prices for Extreme Networks' stock. Their forecasts range from $6.50 to $17.00. On average, they anticipate Extreme Networks' share price to reach $12.20 in the next year. This suggests a possible upside of 94.9% from the stock's current price. View Analyst Price Targets for Extreme Networks.

What is the consensus analysts' recommendation for Extreme Networks?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Extreme Networks in the last year. There are currently 2 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Extreme Networks.

Are investors shorting Extreme Networks?

Extreme Networks saw a increase in short interest in July. As of July 31st, there was short interest totalling 4,969,530 shares, an increase of 50.0% from the July 13th total of 3,312,192 shares. Based on an average daily volume of 1,240,178 shares, the days-to-cover ratio is presently 4.0 days. Currently, 4.4% of the company's stock are short sold. View Extreme Networks' Current Options Chain.

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 53)
  • Mr. Benjamin Drew Davies, Exec. VP & CFO (Age 52)
  • Mr. Robert J. Gault, Chief Revenue & Services Officer (Age 55)
  • Mr. Eric Broockman, CTO & Engineering Officer (Age 63)
  • Ms. Katayoun Motiey, Chief Admin. Officer

Has Extreme Networks been receiving favorable news coverage?

News articles about EXTR stock have trended somewhat positive this week, Accern reports. The research firm rates the sentiment of news coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Extreme Networks earned a news and rumor sentiment score of 0.14 on Accern's scale. They also gave press coverage about the technology company an impact score of 47.14 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the next few days. View Recent Headlines for Extreme Networks.

Who are Extreme Networks' major shareholders?

Extreme Networks' stock is owned by many different of institutional and retail investors. Top institutional investors include BlackRock Inc. (13.77%), Paradigm Capital Management Inc. NY (5.17%), FMR LLC (2.92%), Renaissance Technologies LLC (2.17%), Royce & Associates LP (1.36%) and Bank of New York Mellon Corp (1.21%). Company insiders that own Extreme Networks stock include Charles Carinalli, Edward H Kennedy, Edward Meyercord, John C Shoemaker, John H Kispert, 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 Dimensional Fund Advisors LP, Renaissance Technologies LLC, Copper Rock Capital Partners LLC, Bank of New York Mellon Corp, American Century Companies Inc., Granahan Investment Management Inc. MA, ClariVest Asset Management LLC and BNP Paribas Arbitrage SA. Company insiders that have sold Extreme Networks company stock in the last year include Charles Carinalli, Edward Meyercord and Raj Khanna. View Insider Buying and Selling for Extreme Networks.

Which major investors are buying Extreme Networks stock?

EXTR stock was acquired by a variety of institutional investors in the last quarter, including Paradigm Capital Management Inc. NY, FMR LLC, Millennium Management LLC, BlackRock Inc., Royce & Associates LP, State of Wisconsin Investment Board, Putnam Investments LLC and United Services Automobile Association. 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 $6.26.

How big of a company is Extreme Networks?

Extreme Networks has a market capitalization of $748.67 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 1,628 workers across the globe.

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:  267 (Vote Outperform)
Underperform Votes:  208 (Vote Underperform)
Total Votes:  475
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 8/19/2018 by MarketBeat.com Staff

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