On Friday, Extreme Networks Inc. (NASDAQ: EXTR) was -0.59% drop from the session before settling in for the closing price of $15.15. A 52-week range for EXTR has been $10.49 – $22.77.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Technology sector was 3.00%. When this article was written, the company’s average yearly earnings per share was at 24.48%. With a float of $128.14 million, this company’s outstanding shares have now reached $130.28 million.
Considering the fact that the conglomerate employs 2656 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 56.12%, operating margin of -3.65%, and the pretax margin is -6.94%.
Extreme Networks Inc. (EXTR) Breakdown of a Key Holders of the stock
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Extreme Networks Inc. stocks. The insider ownership of Extreme Networks Inc. is 2.96%, while institutional ownership is 93.58%. The most recent insider transaction that took place on Oct 01 ’24, was worth 527,069. In this transaction PRESIDENT AND CEO of this company sold 35,725 shares at a rate of $14.75, taking the stock ownership to the 1,448,378 shares. Before that another transaction happened on Sep 03 ’24, when Company’s PRESIDENT AND CEO sold 35,725 for $15.02, making the entire transaction worth $536,703. This insider now owns 1,448,378 shares in total.
Extreme Networks Inc. (EXTR) Recent Fiscal highlights
Going through the last 3-months fiscal report unveiled on the 6/30/2024, it has been observed that the corporation posted 0.35 earnings per share (EPS) during the time that was better than consensus figure (set at 0.32) by 0.03. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.18 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 24.48% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 18.50% during the next five years compared to -24.85% drop over the previous five years of trading.
Extreme Networks Inc. (NASDAQ: EXTR) Trading Performance Indicators
You can see what Extreme Networks Inc. (EXTR) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 0.63. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.78. Likewise, its price to free cash flow for the trailing twelve months is 53.22.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.67, a number that is poised to hit 0.12 in the next quarter and is forecasted to reach 1.01 in one year’s time.
Technical Analysis of Extreme Networks Inc. (EXTR)
Compared to the last year’s volume of 1.89 million, its volume of 0.85 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 41.96%. Additionally, its Average True Range was 0.42.
During the past 100 days, Extreme Networks Inc.’s (EXTR) raw stochastic average was set at 80.66%, which indicates a significant increase from 45.05% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 25.18% in the past 14 days, which was lower than the 34.97% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $14.80, while its 200-day Moving Average is $13.19. Nevertheless, the first resistance level for the watch stands at $15.19 in the near term. At $15.33, the stock is likely to face the second major resistance level. The third major resistance level sits at $15.42. If the price goes on to break the first support level at $14.96, it is likely to go to the next support level at $14.87. Now, if the price goes above the second support level, the third support stands at $14.73.
Extreme Networks Inc. (NASDAQ: EXTR) Key Stats
There are 129,948K outstanding shares of the company, which has a market capitalization of 1.99 billion. As of now, sales total 1,117 M while income totals -85,960 K. Its latest quarter income was 256,650 K while its last quarter net income were -54,200 K.
