Extreme Networks Shares Are Dropping

Shares of Small-cap technology company Extreme Networks moved -19.21% this morning, and are now trading at $19.31 per share. On the other hand, the average analyst target price for the stock is $21.43.

Extreme Networks, Inc. provides software-driven networking solutions for businesses, data centers, and service provider customers globally.

Extreme Networks investors should be aware of the below:

  • The company has a net profit margin of 3.87%, compared to its operating margins of 0.06%. Its Revenues have a year-on-year growth rate of 11.2%, compared to a YoY growth rate of -9.0% for its earnings.

  • Based on its trailing earning per share of 0.33, Extreme Networks has a trailing 12 month Price to Earnings (P/E) ratio of 58.52

  • EXTR has a forward P/E ratio of 14.12.

  • The company has a price to earnings growth (PEG) ratio of 0.88. A number between 0 and 1 could mean that the market is undervaluing Extreme Networks's estimated growth potential

  • Its Price to Book (P/B) ratio is 20.5

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.

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