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Why the growth investor may take a look at NASDAQ:EXTR.

By Mill Chart

Last update: Aug 7, 2023

Groth investors are looking for stocks showing high revenue and EPS growth. We will have a look here to see if EXTREME NETWORKS INC (NASDAQ:EXTR) is suited for growth investing. Investors should of couse do their own research, but we spotted EXTREME NETWORKS INC showing up in our CANSLIM growth screen, so it may be worth spending some more time on it.

What matters for canslim investors.

  • The recent financial report of EXTREME NETWORKS INC demonstrates a 120.0% increase in quarterly earnings compared to the previous quarter. This growth indicates positive momentum in the company's financials and suggests a promising upward trend
  • EXTREME NETWORKS INC has achieved 30.81% growth in its revenue over the previous quarter, signaling positive momentum in its financial performance and potential market opportunities.
  • EXTREME NETWORKS INC has experienced 122.0% growth in EPS over a 3-year period, demonstrating its ability to generate sustained and positive earnings momentum.
  • EXTREME NETWORKS INC has achieved an impressive Return on Equity (ROE) of 66.87%, showcasing its ability to generate favorable returns for shareholders.
  • EXTREME NETWORKS INC has maintained a healthy Relative Strength (RS) over the analyzed period, with a current 98.88 rating. This demonstrates the stock's ability to outperform its peers and indicates its competitive positioning. EXTREME NETWORKS INC is well-positioned for potential price growth opportunities.
  • With a current Debt-to-Equity ratio at 1.61, EXTREME NETWORKS INC showcases its disciplined capital structure. The company's prudent management of debt obligations contributes to its financial stability and long-term sustainability.
  • EXTREME NETWORKS INC demonstrates a balanced ownership structure, with institutional shareholders at 78.51%. This indicates a diverse investor base, which can contribute to price stability and potential future growth.

Technical Analysis Observations

ChartMill assigns a proprietary Technical Rating to each stock. The score is computed daily by evaluating various technical indicators and properties. The score ranges from 0 to 10.

Taking everything into account, EXTR scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, EXTR is showing a nice and steady performance.

  • Both the short term and long term trends are positive. This is a very positive sign.
  • Looking at the yearly performance, EXTR did better than 98% of all other stocks. On top of that, EXTR also shows a nice and consistent pattern of rising prices.
  • EXTR is part of the Communications Equipment industry. There are 60 other stocks in this industry. EXTR outperforms 98% of them.
  • EXTR is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
  • In the last month EXTR has a been trading in the 26.11 - 31.61 range, which is quite wide. It is currently trading near the high of this range.
  • Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
  • Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.

For an up to date full technical analysis you can check the technical report of EXTR

What else is there to say on the fundamentals of NASDAQ:EXTR?

ChartMill assigns a Fundamental Rating to every stock. This score, ranging from 0 to 10, is updated daily and is determined by evaluating multiple fundamental indicators and properties.

EXTR gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 60 industry peers in the Communications Equipment industry. EXTR has an excellent profitability rating, but there are some minor concerns on its financial health. EXTR is growing strongly while it is still valued neutral. This is a good combination! These ratings could make EXTR a good candidate for growth investing.

Our latest full fundamental report of EXTR contains the most current fundamental analsysis.

More growth stocks can be found in our CANSLIM screen.


Important Note: The content of this article is not intended as trading advice. It is essential to perform your own analysis and exercise caution when making trading decisions. The article presents observations created by automated analysis but does not guarantee any trading or investment outcomes. Always trade responsibly and make independent judgments.



NASDAQ:EXTR (12/8/2023, 7:00:02 PM)

After market: 17.1 +0.09 (+0.53%)


+0.68 (+4.16%)


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