For its first fiscal quarter (ending September 30), Extreme Networks Inc (NASDAQ: EXTR) has reported a -136% decline in E.P.S. from $0.22 a year ago to $-0.08 in the current quarter. For the latest four quarters through September 30, E.P.S. were $-0.97 compared to $0.73 a year ago — a decline of -233%.
Recent Price Action
Extreme Networks Inc (NASDAQ: EXTR) stock closed at $15.92 on 10/30/24 after a major increase of 12.0%. Moreover, this advance was accompanied by exceptionally high trading volume at 420% of normal. The stock has been exceptionally strong relative to the market over the last nine months and has risen 8.9% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be above the cost of capital, EXTR is expected to continue to be a major Value Builder.
Extreme Networks has a current Value Trend Rating of A (Highest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. Extreme Networks has a very high Appreciation Score of 87 and a very high Power Rating of 90, resulting in the Highest Value Trend Rating.
Rating Review
In light of this new information and very positive price change we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
Be the first to comment