Extreme Networks Inc. Shares Close in on 52-Week High - Market Mover

The shares closed 0.1% below its 52-week high of $15.01, with trading volume lower than its 30 day average

Dec 27, 2021 by Kwhen Finance Editors

Extreme Networks Inc. Shares Close in on 52-Week High - Market Mover
Extreme Networks Inc. (EXTR) shares closed today at 0.1% below its 52 week high of $15.01, giving the company a market cap of $1B. The stock is currently up 117.7% year-to-date, up 114.3% over the past 12 months, and up 200.0% over the past five years. This week, the Dow Jones Industrial Average rose 1.6%, and the S&P 500 rose 2.3%.

Trading Activity

  • Trading volume this week was 30.7% lower than the 20-day average.
  • Beta, a measure of the stock’s volatility relative to the overall market stands at 2.0.

Technical Indicators

  • The Relative Strength Index (RSI) on the stock was above 70, indicating it may be overbought.
  • MACD, a trend-following momentum indicator, indicates an upward trend.
  • The stock closed below its Bollinger band, indicating it may be oversold.

Fundamentals & Catalysts

  • Over the past 12 months the company generated $19 million in earnings before interest and taxes from $946 million in revenue. It currently holds $203 million in cash and $414 million in debt.
  • Its forward price-to-earnings (P/E) ratio of 20.643608726507075 is lower than its current P/E ratio of 83.10, implying that analysts are expecting an increase in earnings.
  • The company's price/earnings-to-growth ratio (PEG Ratio), a widely used indicator of a stock's true value while also factoring in expected earnings growth, currently stands at -0.63. A fairly valued company should have a PEG ratio of 1.0. When a company's PEG exceeds 1.0, it's considered overvalued while a stock with a PEG of less than 1.0 is considered undervalued.
  • The company's debt-to-equity ratio, which measures the extent to which it finances its operations through debt, currently stands at 27.14 which means it currently has $27.14 of debt for every $1 of equity. Generally speaking, a debt to equity ratio below 1.0 is seen as relatively safe, while ratios of 2.0 or higher would be considered risky. Some industries are known for having much higher debt to equity ratios than others.
  • The company's price-to-book ratio, which measures the market's valuation of a company relative to its book value, currently stands at 41.04. This means that the stock is trading at a premium of 41 times relative to the company's book value which reflects the total value of a company's assets that shareholders of that company would receive if the company were to be liquidated.
  • The company's price-to-sales ratio, which shows how much the market values every dollar of the company's sales, currently stands at 1.52.
  • The company's enterprise value-to-revenue multiple, which is often used to determine a company's valuation in the case of a potential acquisition, currently stands at 1.67.

P/E

83.10

EBITDA

$19M

P/Book

41.04

Mkt Cap

$1B

P/Sales

1.52

Revenue

$946M

EPS (TTM)

0.18

PEG Ratio

-0.63

EV/Revenue

1.67

Total Cash

$203M

Debt/Equity

27.14

Forward P/E

20.64

Current Debt

$414M

Gross Profit

$544M

Dividend Date

-

Earnings Date

2022-02-09

Profit Margin

-0.03

Revenue/Share

7.51

Total Revenue

$946M

Enterprise Val

$1B

Put/Call Ratio

0.42

Revenue/Employee

349005.53

Market Comparative Performance

  • The company's share price is the same as the S&P 500 Index , beats it on a 1-year basis, and beats it on a 5-year basis
  • The company's share price is the same as the Dow Jones Industrial Average , beats it on a 1-year basis, and beats it on a 5-year basis
  • The company share price is the same as the performance of its peers in the Information Technology industry sector , beats it on a 1-year basis, and lags it on a 5 year basis
NameDoD %ΔYTD %Δ1 Yr %52-Week H %52-Week L %
Extreme Networks Inc.4.4117.7114.3
Dow Jones Industrial Average0.619.521.0-1.622.0
S&P 500 Index0.627.529.2-0.730.2
Information Technology0.635.435.2-3.139.5

Peer Group Comparative Performance

  • The company's stock price performance year-to-date beats the peer average by 233.6%
  • The company's stock price performance over the past 12 months beats the peer average by 224.0%
  • The company's price-to-earnings ratio, which relates a company's share price to its earnings per share, is -23.8% lower than the average peer.
NameMKT CAP (USD)P/EYTD %Δ1 Yr %Δ52-Week H %52-Week L %
Extreme Networks Inc.EXTR83.1117.7114.3
Peer AvgN/A109.135.335.3-2.433.4
Cisco Systems, Inc.CSCO23.043.343.9
Motorola Solutions IncMSI35.456.758.1-0.862.0
HP IncHPQ3.156.158.3-2.958.8
Telefonaktiebolaget L M Ericsson - ADRERIC0-8.1-6.6
Juniper Networks IncJNPR73.756.156.9-1.857.9
Infinera Corp.INFN-13.6-8.9-12.9
Adtran Inc.ADTN642.051.849.2-11.454.9

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