Extreme Networks Inc
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- Market Cap.:
- $2.76 billion
- Book Value:
- Revenue TTM:
- $1.23 billion
- Operating Margin TTM:
- Gross Profit TTM:
- $629.94 million
- Profit Margin:
- Return on Assets TTM:
- Return on Equity TTM:
Extreme Networks Inc had its IPO on 1999-04-09 under the ticker symbol EXTR.
The company operates in the Technology sector and Communication Equipment industry. Extreme Networks Inc has a staff strength of 2,643 employees.
Shares of Extreme Networks Inc opened at $25.7 at the start of the last trading session i.e. 2023-09-12.
The stocks traded within a range of $25.13 - $25.73, and closed at $25.32.
This is a -1.06% slip from the previous day's closing price.
A total volume of 1,599,840 shares were traded at the close of the day’s session.
In the last one week, shares of Extreme Networks Inc have slipped by -6.71%.
Extreme Networks Inc's Key Ratios
Extreme Networks Inc has a market cap of $2.76 billion, indicating a price to book ratio of 20.4992 and a price to sales ratio of 2.2157.
In the last 12-months Extreme Networks Inc’s revenue was $1.23 billion with a gross profit of $629.94 million and an EBITDA of $120.50 million. The EBITDA ratio measures Extreme Networks Inc's overall financial performance and is widely used to measure its profitability.
In the trailing 12-month period, Extreme Networks Inc’s operating margin was 6.92% while its return on assets stood at 5.07% with a return of equity of 57.35%.
In Q1, Extreme Networks Inc’s quarterly earnings growth was a positive 72.2% while revenue growth was a positive 16.5%.
Extreme Networks Inc’s PE and PEG Ratio
- Forward PE
- Trailing PE
Its diluted EPS in the last 12-months stands at $0.46 per share while it has a forward price to earnings multiple of 14.1243 and a PEG multiple of 0.88. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.
The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Extreme Networks Inc’s profitability.
Extreme Networks Inc stock is trading at a EV to sales ratio of 1.8057 and a EV to EBITDA ratio of 19.103. Its price to sales ratio in the trailing 12-months stood at 2.2157.
Extreme Networks Inc stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.
Balance sheet and cash flow metrics
- Total Assets
- $1.07 billion
- Total Liabilities
- $526.85 million
- Operating Cash Flow
- Capital Expenditure
- $2.36 million
- Dividend Payout Ratio
Extreme Networks Inc ended 2023 with $1.07 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $1.07 billion while shareholder equity stood at $103.19 million.
Extreme Networks Inc ended 2023 with $203.46 million in deferred long-term liabilities, $526.85 million in other current liabilities, 143000.00 in common stock, $-881425000.00 in retained earnings and $394.67 million in goodwill. Its cash balance stood at $203.00 million and cash and short-term investments were $203.00 million. The company’s total short-term debt was $47,753,000 while long-term debt stood at $198.19 million.
Extreme Networks Inc’s total current assets stands at $502.07 million while long-term investments were $0 and short-term investments were $0. Its net receivables were $158.64 million compared to accounts payable of $95.96 million and inventory worth $70.31 million.
In 2023, Extreme Networks Inc's operating cash flow was $-2363000.00 while its capital expenditure stood at $2.36 million.
Comparatively, Extreme Networks Inc paid $0 in dividends in 2023.
Other key metrics
- Current Trading Price
- 52-Week High
- 52-Week Low
- Analyst Target Price
Extreme Networks Inc stock is currently trading at $25.32 per share. It touched a 52-week high of $22.07 and a 52-week low of $22.07. Analysts tracking the stock have a 12-month average target price of $22.
Its 50-day moving average was $27.81 and 200-day moving average was $21.31 The short ratio stood at 5.66 indicating a short percent outstanding of 0%.
Around 231.8% of the company’s stock are held by insiders while 9004.4% are held by institutions.
Frequently Asked Questions About Extreme Networks Inc
Similar Industry Stocks (Communication Equipment)
Extreme Networks, Inc. provides software-driven networking solutions worldwide. It designs, develops, and manufactures wired and wireless network infrastructure equipment; and develops software for network management, policy, analytics, security, and access controls. The company offers ExtremeCloud IQ, an ML/AI powered, wired, and wireless cloud network management solution that offers advanced visibility and control over users, devices, and applications; ExtremeCloud IQ ” Site Engine that provides task automation, access control, granular visibility with real-time analytics and multi-vendor device management; and ExtremeCloud IQ Essentials offers WIPS, location services, IoT, and guest management services. It also provides wireless access point products; ExtremeSwitching portfolio that includes access edge products that offer physical presentations along with options to deliver Ethernet or convergence-friendly Power-over-Ethernet (POE), including high-power universal POE; ExtremeCloud SD-WAN, a software-defined wide area networks solution offers an all-inclusive subscription, which includes hardware, the cloud-based SD-WAN service, support and maintenance, and customer success support; aggregation/core switches designed to address aggregation, top-of-rack, and campus core environments; and data center switches and routers. In addition, the company offers cloud native platforms and applications for service providers; and customer support and services. It markets and sells its products through distributors, resellers, and field sales organizations to healthcare, education, government, manufacturing, retail, and hospitality markets. Extreme Networks, Inc. was incorporated in 1996 and is headquartered in Morrisville, North Carolina.