Extreme Networks Stock Today

EXTR Stock  USD 16.03  0.37  2.36%   

Performance

3 of 100

 
Weak
 
Strong
Insignificant

Odds Of Distress

Less than 14

 
High
 
Low
Low
Extreme Networks is selling at 16.03 as of the 24th of November 2024; that is 2.36 percent increase since the beginning of the trading day. The stock's lowest day price was 15.76. Extreme Networks has less than a 14 % chance of experiencing some financial distress in the next two years of operation, but did not have a good performance during the last 90 trading days. Equity ratings for Extreme Networks are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 5th of December 2022 and ending today, the 24th of November 2024. Click here to learn more.
Business Domain
Technology Hardware & Equipment
IPO Date
9th of April 1999
Category
Technology
Classification
Information Technology
Extreme Networks, Inc. provides software-driven networking solutions worldwide. Extreme Networks, Inc. was incorporated in 1996 and is headquartered in Morrisville, North Carolina. Extreme Networks operates under Communication Equipment classification in the United States and is traded on NASDAQ Exchange. The company has 132.13 M outstanding shares of which 6.18 M shares are currently shorted by private and institutional investors with about 5.96 trading days to cover. More on Extreme Networks

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Extreme Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEO PresidentEdward III
Thematic IdeaComputers (View all Themes)
Old Names[EXTRA PLASTIC, Extraction (Pakistan) Limited]
Business ConcentrationCommunications Equipment, Technology Hardware & Equipment, Information Technology, SP Small-Cap 600, NASDAQ Composite, ARCA Networking, Computers, Information Technology, Communications Equipment, Communication Equipment, Technology, Computing (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.781.0716
Way Down
Very volatile
Gross Profit Margin0.420.5647
Way Down
Pretty Stable
Total Current Liabilities543.5 M517.6 M
Sufficiently Up
Slightly volatile
Non Current Liabilities Total524.7 M499.7 M
Sufficiently Up
Slightly volatile
Total Assets623.2 MB
Way Down
Slightly volatile
Total Current Assets340.7 M466.9 M
Way Down
Slightly volatile
Debt Levels
Extreme Networks can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Extreme Networks' financial leverage. It provides some insight into what part of Extreme Networks' total assets is financed by creditors.
Liquidity
Extreme Networks currently holds 239.6 M in liabilities with Debt to Equity (D/E) ratio of 3.89, implying the company greatly relies on financing operations through barrowing. Extreme Networks has a current ratio of 0.96, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Extreme Networks' use of debt, we should always consider it together with its cash and equity.

Other Non Cash Items

85.36 Million
Extreme Networks (EXTR) is traded on NASDAQ Exchange in USA. It is located in 2121 RDU Center Drive, Morrisville, NC, United States, 27560 and employs 2,656 people. Extreme Networks is listed under Communications Equipment category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 2.12 B. Extreme Networks conducts business under Communications Equipment sector and is part of Information Technology industry. The entity has 132.13 M outstanding shares of which 6.18 M shares are currently shorted by private and institutional investors with about 5.96 trading days to cover. Extreme Networks currently holds about 194.52 M in cash with 55.49 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.48.
Check Extreme Networks Probability Of Bankruptcy
Ownership Allocation
Extreme Networks holds a total of 132.13 Million outstanding shares. The majority of Extreme Networks outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to obtain positions in Extreme Networks to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Extreme Networks. Please pay attention to any change in the institutional holdings of Extreme Networks as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Extreme Ownership Details

Extreme Stock Institutional Holders

InstituionRecorded OnShares
Voss Capital Llc2024-09-30
2.7 M
American Century Companies Inc2024-09-30
2.5 M
Trigran Investments Inc2024-09-30
2.3 M
Dimensional Fund Advisors, Inc.2024-09-30
2.1 M
William Blair Investment Management, Llc2024-09-30
2.1 M
Renaissance Technologies Corp2024-09-30
1.5 M
Federated Hermes Inc2024-09-30
1.4 M
Northern Trust Corp2024-09-30
1.3 M
Millennium Management Llc2024-06-30
1.2 M
Blackrock Inc2024-06-30
18 M
Vanguard Group Inc2024-09-30
17.2 M
View Extreme Networks Diagnostics

Extreme Networks Historical Income Statement

At this time, Extreme Networks' Depreciation And Amortization is relatively stable compared to the past year. As of 11/24/2024, Interest Expense is likely to grow to about 17.8 M, while Gross Profit is likely to drop slightly above 325.1 M. View More Fundamentals

Extreme Stock Against Markets

Extreme Networks Corporate Management

Additional Tools for Extreme Stock Analysis

When running Extreme Networks' price analysis, check to measure Extreme Networks' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Extreme Networks is operating at the current time. Most of Extreme Networks' value examination focuses on studying past and present price action to predict the probability of Extreme Networks' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Extreme Networks' price. Additionally, you may evaluate how the addition of Extreme Networks to your portfolios can decrease your overall portfolio volatility.