Extreme Networks (NASDAQ:EXTR) 52-week high price stands at $13.20 and low price stands at $4.17, its price distance from 52-week high is -14.85% while its distance from 52-week low price is 169.54%. It has outperformed by 58.64% the S&P500. During the same quarter in the previous year, the firm posted $0.07 EPS. sell-side analysts forecast that Extreme Networks will post 0.56 earnings per share for the current fiscal year. The company was upgraded on Thursday, September 10 by Wunderlich.
Extreme Networks (NASDAQ:EXTR) has average revenue estimates of $240.85 Million, compared to low analyst estimates of $240 Million and high estimates of $242 Million for the current quarter.
More notable recent Extreme Networks, Inc (NASDAQ:EXTR) news were published by: Prnewswire.com which released: "Extreme Networks Folds Three Partner Programs into Unified, Industry Leading ..." on October 24, 2017, also Prnewswire.com with their article: "Extreme Networks Completes Acquisition of Brocade's Data Center Networking ..." published on October 30, 2017, Prnewswire.com published: "Extreme Networks Improves Position as a Visionary in the 2017 Gartner Magic ..." on October 19, 2017. Needham has "Buy" rating and $4.75 target. BidaskClub raised Extreme Networks from a "sell" rating to a "hold" rating in a report on Wednesday, August 16th.
Consequently Extreme Networks (NASDAQ:EXTR)'s weekly and monthly volatility is 7.64%, 4.31% respectively.
Since May 31, 2017, it had 0 insider buys, and 1 sale for $1.29 million activity. Iqvia Holdings Inc (NYSE:Q) has risen 27.93% since November 14, 2016 and is uptrending. It has outperformed by 140.98% the S&P500.The move comes after 6 months positive chart setup for the $1.31B company.
Following some medium-term indicators on shares of Extreme Networks, Inc. Of the analysts who provided ratings, 1 rated the company a Hold, 1 rated it a Moderate Buy, and 2 rated it a Strong Buy. The Firm markets its products to business, governmental, healthcare, service well-known provider and educational clients with a focus on corporate enterprises and metropolitan service providers on a global basis. The stock has a market capitalization of $1,274.84, a PE ratio of 26.14, a P/E/G ratio of 1.19 and a beta of 1.13. The Company operates through the development and marketing of network infrastructure equipment segment.
Investors sentiment decreased to 1.17 in Q2 2017. Its book value per share for the most recent quarter is $0.97 while its price to book ratio for the same period is 11.59, as for as the company's cash per share for the most recent quarter is $1.13, however its price to cash per share ratio for the same period is 9.9. It worsened, as 18 investors sold EXTR shares while 65 reduced holdings. Jacobs Levy Equity Management Inc holds 0.12% in Extreme Networks, Inc (NASDAQ:EXTR) or 598,536 shares. Arrowstreet Limited Partnership reported 276,064 shares. Howe & Rusling Inc. lifted its position in Extreme Networks by 2,623.5% in the third quarter.
Glenview Capital Management Llc decreased Hain Celestial Group Inc (NASDAQ:HAIN) stake by 1.75 million shares to 1.00M valued at $38.82 million in 2017Q2. STATE STREET CORP also announced increased position in Extreme Networks, Inc. Retirement Of Alabama accumulated 0.59% or 1.05M shares. The technology company reported $0.16 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.14 by $0.02. About 1.16M shares traded. Meeder Asset stated it has 70 shares. Goldman Sachs downgraded the shares of GPI in report on Tuesday, November 22 to "Sell" rating. Bancorporation Of Ny Mellon holds 0.02% or 706,451 shares in its portfolio. Extreme Networks has a 1 year low of $4.17 and a 1 year high of $13.20. (NASDAQ:NFLX) or 1,064 shares. On Thursday, June 1 HUNT NEIL D sold $4.09 million worth of Netflix, Inc.
Investors sentiment increased to 0.93 in 2017 Q2. Its up 0.06, from 0.97 in 2017Q1.
Institutional investors have recently added to or reduced their stakes in the stock. 344.96 million shares or 1.00% less from 348.44 million shares in 2017Q1 were reported. Sentinel Asset Management Incorporated invested 0.6% in Chevron Corporation (NYSE:CVX). (NASDAQ:NFLX). Sunbelt Secs owns 3,103 shares. Moreover, Advisory Svcs Network Limited Co has 0% invested in Extreme Networks, Inc (NASDAQ:EXTR) for 2,000 shares. Cibc has invested 0.01% in Extreme Networks, Inc (NASDAQ:EXTR). (NASDAQ:EXTR) opened at 5.02 on Tuesday.
Analysts await Group 1 Automotive, Inc. First Quadrant Lp Ca invested in 0% or 2,252 shares. (NYSE:GPI). Suntrust Banks reported 0% stake. Bokf Na holds 16,815 shares. Robeco Institutional Asset Management Bv invested in 0% or 82,089 shares. Cornerstone Capital Mngmt Hldg Limited Liability, New York-based fund reported 448,723 shares. Amp, Australia-based fund reported 53,083 shares. (NYSE:GPI) earned "Sector Weight" rating by KeyBanc Capital Markets on Friday, February 12.