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In the latest session, Extreme Networks Inc (NASDAQ: EXTR) closed at $15.38 up 1.05% from its previous closing price of $15.22. In other words, the price has increased by $1.05 from its previous closing price. On the day, 1.19 million shares were traded. EXTR stock price reached its highest trading level at $15.505 during the session, while it also had its lowest trading level at $15.12.
Ratios:
For a deeper understanding of Extreme Networks Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.68 and its Current Ratio is at 0.93. In the meantime, Its Debt-to-Equity ratio is 4.52 whereas as Long-Term Debt/Eq ratio is at 4.08.
On May 02, 2024, Rosenblatt Upgraded its rating to Buy which previously was Neutral and also upped its target price recommendation from $15 to $17.
B. Riley Securities Upgraded its Neutral to Buy on April 15, 2024, while the target price for the stock was maintained at $14.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Feb 03 ’25 when MEYERCORD EDWARD sold 35,725 shares for $15.39 per share. The transaction valued at 549,897 led to the insider holds 1,478,941 shares of the business.
MOTIEY KATAYOUN sold 37,000 shares of EXTR for $646,471 on Dec 11 ’24. The Chief Legal Admin Sust Officer now owns 117,613 shares after completing the transaction at $17.47 per share. On Dec 11 ’24, another insider, MOTIEY KATAYOUN, who serves as the Officer of the company, bought 37,000 shares for $17.47 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, EXTR now has a Market Capitalization of 2041771904 and an Enterprise Value of 2223748352. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.01 while its Price-to-Book (P/B) ratio in mrq is 39.84. Its current Enterprise Value per Revenue stands at 2.152 whereas that against EBITDA is -45.27.
Stock Price History:
The Beta on a monthly basis for EXTR is 1.73, which has changed by 0.2404238 over the last 52 weeks, in comparison to a change of 0.2000997 over the same period for the S&P500. Over the past 52 weeks, EXTR has reached a high of $19.24, while it has fallen to a 52-week low of $10.49. The 50-Day Moving Average of the stock is -9.63%, while the 200-Day Moving Average is calculated to be 6.51%.
Shares Statistics:
For the past three months, EXTR has traded an average of 1.01M shares per day and 1351500 over the past ten days. A total of 132.65M shares are outstanding, with a floating share count of 128.84M. Insiders hold about 2.95% of the company’s shares, while institutions hold 91.90% stake in the company. Shares short for EXTR as of 1736899200 were 5047282 with a Short Ratio of 4.98, compared to 1734048000 on 5276697. Therefore, it implies a Short% of Shares Outstanding of 5047282 and a Short% of Float of 4.5900002.
Earnings Estimates
The current rating of Extreme Networks Inc (EXTR) reflects the combined expertise of 7.0 analysts actively engaged in assessing its market performance.The consensus estimate for the next quarter is $0.22, with high estimates of $0.24 and low estimates of $0.21.
Analysts are recommending an EPS of between $0.81 and $0.77 for the fiscal current year, implying an average EPS of $0.79. EPS for the following year is $1.01, with 7.0 analysts recommending between $1.11 and $0.92.
Revenue Estimates
A total of 7 analysts believe the company’s revenue will be $280.32M this quarter.It ranges from a high estimate of $281.28M to a low estimate of $279.36M. As of the current estimate, Extreme Networks Inc’s year-ago sales were $211.04MFor the next quarter, 7 analysts are estimating revenue of $299.44M. There is a high estimate of $301.1M for the next quarter, whereas the lowest estimate is $295.5M.
A total of 7 analysts have provided revenue estimates for EXTR’s current fiscal year. The highest revenue estimate was $1.13B, while the lowest revenue estimate was $1.12B, resulting in an average revenue estimate of $1.13B. In the same quarter a year ago, actual revenue was $1.12BBased on 7 analysts’ estimates, the company’s revenue will be $1.22B in the next fiscal year. The high estimate is $1.24B and the low estimate is $1.2B.
