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

July 14, 2018 - By Robert Sims

Extreme Networks, Inc. (NASDAQ:EXTR) LogoInvestors sentiment decreased to 1.35 in Q1 2018. Its down 0.11, from 1.46 in 2017Q4. It fall, as 30 investors sold Extreme Networks, Inc. shares while 51 reduced holdings. 44 funds opened positions while 65 raised stakes. 97.14 million shares or 8.91% more from 89.19 million shares in 2017Q4 were reported.
Price T Rowe Md invested 0% in Extreme Networks, Inc. (NASDAQ:EXTR). Geode Cap Management Ltd Liability Company holds 0.01% or 1.49 million shares. Virginia Retirement Sys Et Al has invested 0.02% in Extreme Networks, Inc. (NASDAQ:EXTR). Great West Life Assurance Co Can has invested 0% in Extreme Networks, Inc. (NASDAQ:EXTR). Riggs Asset Managment owns 0% invested in Extreme Networks, Inc. (NASDAQ:EXTR) for 330 shares. Shelton Capital invested 0.01% of its portfolio in Extreme Networks, Inc. (NASDAQ:EXTR). Navellier Incorporated has invested 0.2% in Extreme Networks, Inc. (NASDAQ:EXTR). United Svcs Automobile Association accumulated 593,322 shares. Stifel Financial has 1.38M shares for 0.05% of their portfolio. Hbk L P reported 0.01% in Extreme Networks, Inc. (NASDAQ:EXTR). 37,200 are held by State Of Alaska Department Of Revenue. Fuller & Thaler Asset Mgmt holds 676,795 shares. Moreover, Zebra Capital Mngmt Limited Co has 0.19% invested in Extreme Networks, Inc. (NASDAQ:EXTR) for 46,686 shares. Smith Asset Mgmt Limited Partnership invested 0.01% of its portfolio in Extreme Networks, Inc. (NASDAQ:EXTR). Virtu Limited Liability accumulated 53,015 shares or 0.03% of the stock.

Since May 10, 2018, it had 6 insider buys, and 0 sales for $1.35 million activity. KENNEDY EDWARD H had bought 50,000 shares worth $430,795 on Tuesday, May 15. MEYERCORD EDWARD bought $168,400 worth of stock. Shares for $89,598 were bought by Khanna Raj. 5,000 shares were bought by HOLMGREN KATHLEEN M, worth $44,000 on Thursday, May 10.

Analysts expect Extreme Networks, Inc. (NASDAQ:EXTR) to report $0.13 EPS on August, 13.They anticipate $0.01 EPS change or 7.14 % from last quarter’s $0.14 EPS. EXTR’s profit would be $15.07M giving it 16.35 P/E if the $0.13 EPS is correct. After having $0.10 EPS previously, Extreme Networks, Inc.’s analysts see 30.00 % EPS growth. The stock decreased 1.85% or $0.16 during the last trading session, reaching $8.5. About 1.59M shares traded. Extreme Networks, Inc. (NASDAQ:EXTR) has declined 5.57% since July 14, 2017 and is downtrending. It has underperformed by 18.14% the S&P500.

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

Among 3 analysts covering Extreme Networks (NASDAQ:EXTR), 3 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Extreme Networks had 3 analyst reports since February 6, 2018 according to SRatingsIntel. The rating was maintained by DA Davidson with “Buy” on Wednesday, February 7. Needham maintained it with “Buy” rating and $15.5 target in Wednesday, February 7 report. Cowen & Co maintained Extreme Networks, Inc. (NASDAQ:EXTR) on Tuesday, February 6 with “Buy” rating.

Extreme Networks, Inc. provides software-driven networking solutions for enterprise clients worldwide. The company has market cap of $985.09 million. 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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