Extreme Networks (NASDAQ:EXTR – Get Free Report) will announce its earnings results before the market opens on Wednesday, August 7th. Analysts expect the company to announce earnings of $0.13 per share for the quarter. Investors that are interested in registering for the company’s conference call can do so using this link.
Extreme Networks Price Performance
Shares of NASDAQ EXTR opened at $12.62 on Tuesday. The company has a quick ratio of 0.61, a current ratio of 0.96 and a debt-to-equity ratio of 2.78. The company has a market capitalization of $1.64 billion, a PE ratio of -180.29, a P/E/G ratio of 2.24 and a beta of 1.79. The firm has a fifty day simple moving average of $12.80 and a 200 day simple moving average of $12.37. Extreme Networks has a twelve month low of $10.49 and a twelve month high of $32.73.
Wall Street Analysts Forecast Growth
A number of equities research analysts have commented on EXTR shares. Rosenblatt Securities upgraded shares of Extreme Networks from a “neutral” rating to a “buy” rating and raised their price target for the stock from $15.00 to $17.00 in a report on Thursday, May 2nd. Craig Hallum raised Extreme Networks from a “hold” rating to a “buy” rating and boosted their target price for the company from $13.00 to $14.00 in a research report on Thursday, May 16th. Needham & Company LLC reiterated a “buy” rating and issued a $16.50 price target on shares of Extreme Networks in a report on Monday, June 10th. Finally, B. Riley boosted their price objective on Extreme Networks from $14.00 to $15.00 and gave the company a “buy” rating in a report on Thursday, May 2nd. Four analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $15.30.
About Extreme Networks
Extreme Networks, Inc delivers cloud-driven networking solutions that leverage the powers of machine learning, artificial intelligence, analytics, and automation.
The company designs, develops, and manufactures wired and wireless network infrastructure equipment and develops the software for network management, policy, analytics, security, and access controls.
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