At the time of writing, Extreme Networks Inc [EXTR] stock is trading at $16.33, down -0.31%. An important factor to consider is whether the stock is rising or falling in short-term value. The EXTR shares have gain 5.15% over the last week, with a monthly amount drifted -5.39%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Extreme Networks Inc [NASDAQ: EXTR] stock has seen the most recent analyst activity on May 16, 2024, when Craig Hallum upgraded its rating to a Buy but kept the price target unchanged to $14 for it. Previously, Rosenblatt upgraded its rating to Buy on May 02, 2024, and elevated its price target to $17. On April 15, 2024, upgrade upgraded it’s rating to Buy but maintained its price target of $14 on the stock. UBS downgraded its rating to a Neutral and decreased its price target to $14 on February 01, 2024. Rosenblatt downgraded its rating to a Neutral and reduced its price target to $15 on February 01, 2024. Oppenheimer downgraded its rating to Perform for this stock on November 01, 2023. In a note dated November 01, 2023, Lake Street downgraded an Hold rating on this stock.
For the past year, the stock price of Extreme Networks Inc fluctuated between $10.49 and $19.24. Currently, Wall Street analysts expect the stock to reach $21 within the next 12 months. Extreme Networks Inc [NASDAQ: EXTR] shares were valued at $16.33 at the most recent close of the market. An investor can expect a potential return of 28.6% based on the average EXTR price forecast.
Analyzing the EXTR fundamentals
According to Extreme Networks Inc [NASDAQ:EXTR], the company’s sales were 1.02B for trailing twelve months, which represents an -5.74% plunge. Gross Profit Margin for this corporation currently stands at 0.57% with Operating Profit Margin at -0.08%, Pretax Profit Margin comes in at -0.11%, and Net Profit Margin reading is -0.12%. To continue investigating profitability, this company’s Return on Assets is posted at -0.11, Equity is -2.8 and Total Capital is -0.14. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.19.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 15.87 points at the first support level, and at 15.41 for the second support level. However, for the 1st resistance point, the stock is sitting at 17.22, and for the 2nd resistance point, it is at 18.11.
Ratios To Look Out For
It is important to note that Extreme Networks Inc [NASDAQ:EXTR] has a current ratio of 0.93. On the other hand, the Quick Ratio is 0.68, and the Cash Ratio is 0.32. Considering the valuation of this stock, the price to sales ratio is 2.13, the price to book ratio is 42.30.
Transactions by insiders
Recent insider trading involved MEYERCORD EDWARD, PRESIDENT AND CEO, that happened on Feb 03 ’25 when 35725.0 shares were sold. Chief Legal Admin Sust Officer, MOTIEY KATAYOUN completed a deal on Dec 11 ’24 to sell 37000.0 shares. Meanwhile, Officer MOTIEY KATAYOUN bought 37000.0 shares on Dec 11 ’24.
