$0.13 EPS Expected for Extreme Networks, Inc. (EXTR)

April 22, 2018 - By Louis Casey

Extreme Networks, Inc. (NASDAQ:EXTR) LogoInvestors sentiment increased to 1.46 in 2017 Q4. Its up 0.49, from 0.97 in 2017Q3. It improved, as 21 investors sold Extreme Networks, Inc. shares while 50 reduced holdings. 31 funds opened positions while 73 raised stakes. 89.19 million shares or 1.39% less from 90.45 million shares in 2017Q3 were reported.
Blackrock invested 0% of its portfolio in Extreme Networks, Inc. (NASDAQ:EXTR). Gsa Cap Ptnrs Llp accumulated 346,617 shares or 0.26% of the stock. State Board Of Administration Of Florida Retirement Systems reported 111,381 shares. Sheets Smith Wealth Mgmt has invested 0.08% in Extreme Networks, Inc. (NASDAQ:EXTR). 15,285 are owned by Amalgamated Bankshares. Principal Finance Gru owns 0% invested in Extreme Networks, Inc. (NASDAQ:EXTR) for 76,551 shares. Paloma Prtnrs owns 69,422 shares. Swiss Comml Bank stated it has 187,700 shares. Castleark Ltd Limited Liability Company holds 0.21% in Extreme Networks, Inc. (NASDAQ:EXTR) or 560,340 shares. Minnesota-based Us Fincl Bank De has invested 0% in Extreme Networks, Inc. (NASDAQ:EXTR). Proshare Limited Liability Corp has invested 0% in Extreme Networks, Inc. (NASDAQ:EXTR). Parallax Volatility Advisers Ltd Partnership invested in 0% or 17,052 shares. California State Teachers Retirement System has invested 0% in Extreme Networks, Inc. (NASDAQ:EXTR). 48,103 are held by Federated Investors Pa. Moreover, State Street Corporation has 0% invested in Extreme Networks, Inc. (NASDAQ:EXTR).

Analysts expect Extreme Networks, Inc. (NASDAQ:EXTR) to report $0.13 EPS on May, 8 after the close.They anticipate $0.05 EPS change or 62.50 % from last quarter’s $0.08 EPS. EXTR’s profit would be $14.99M giving it 20.90 P/E if the $0.13 EPS is correct. After having $0.09 EPS previously, Extreme Networks, Inc.’s analysts see 44.44 % EPS growth. The stock decreased 0.46% or $0.05 during the last trading session, reaching $10.87. About 926,298 shares traded. Extreme Networks, Inc. (NASDAQ:EXTR) has risen 78.12% since April 22, 2017 and is uptrending. It has outperformed by 66.57% the S&P500.

Extreme Networks, Inc. (NASDAQ:EXTR) Ratings Coverage

Among 5 analysts covering Extreme Networks (NASDAQ:EXTR), 5 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Extreme Networks had 6 analyst reports since November 8, 2017 according to SRatingsIntel. The stock of Extreme Networks, Inc. (NASDAQ:EXTR) earned “Buy” rating by JMP Securities on Wednesday, January 3. As per Wednesday, February 7, the company rating was maintained by Needham. The firm earned “Buy” rating on Wednesday, November 8 by Craig Hallum. As per Wednesday, February 7, the company rating was maintained by DA Davidson. As per Tuesday, February 6, the company rating was maintained by Cowen & Co.

Extreme Networks, Inc. provides software-driven networking solutions for enterprise clients worldwide. The company has market cap of $1.25 billion. The firm designs, develops, and makes wired and wireless network infrastructure equipment; and develops the software for network management, policy, analytics, security, and access controls. It currently has negative earnings. It offers edge/access Ethernet switching systems that delivers Ethernet connectivity for edge of the network; aggregation/core Ethernet switching systems for aggregation, top-of-rack, and campus core environments; data center switching systems for enterprises and cloud data centers; and wireless access point products, as well as distributed Wi-Fi networks.

Extreme Networks, Inc. (NASDAQ:EXTR) Institutional Positions Chart

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