A share price of Extreme Networks Inc [EXTR] is currently trading at $15.13, up 2.09%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The EXTR shares have gain 5.73% over the last week, with a monthly amount drifted -7.35%, 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.
Extreme Networks Inc experienced fluctuations in its stock price throughout the past year 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 $15.13 at the most recent close of the market. An investor can expect a potential return of 38.8% based on the average EXTR price forecast.
Analyzing the EXTR fundamentals
Trailing Twelve Months sales for Extreme Networks Inc [NASDAQ:EXTR] were 1.02B which represents -5.74% decline. 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 14.86 points at the first support level, and at 14.60 for the second support level. However, for the 1st resistance point, the stock is sitting at 15.36, and for the 2nd resistance point, it is at 15.60.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Extreme Networks Inc [NASDAQ:EXTR] is 0.93. As well, the Quick Ratio is 0.68, while the Cash Ratio is 0.32. Considering the valuation of this stock, the price to sales ratio is 1.98, the price to book ratio is 39.19.
Transactions by insiders
Recent insider trading involved MEYERCORD EDWARD, PRESIDENT AND CEO, that happened on Mar 03 ’25 when 35725.0 shares were sold. Director, EDWARD MEYERCORD completed a deal on Mar 03 ’25 to buy 0.11 million shares. Meanwhile, PRESIDENT AND CEO MEYERCORD EDWARD sold 35725.0 shares on Feb 03 ’25.
