NASDAQ:MITL - Mitel Networks Stock Price, News, & Analysis

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$10.97 +0.02 (+0.18 %)
(As of 08/21/2018 01:52 AM ET)
Previous Close$10.95
Today's Range$10.95 - $10.98
52-Week Range$7.13 - $11.31
Volume167,600 shs
Average Volume1.88 million shs
Market Capitalization$1.34 billion
P/E Ratio-27.38
Dividend YieldN/A
Beta2.32
Mitel Networks logoMitel Networks Corporation provides cloud and on-site business communications and collaboration software, services, and solutions. It operates in two segments, Enterprise and Cloud. The Enterprise segment sells and supports products and services for premise-based customers, including its premise-based IP and TDM telephony platforms; desktop devices, and unified communications and collaborations (UCC); and contact center applications that are deployed on the customer's premise under the MiVoice brand. The Cloud segment offers retail cloud services, such as UCC applications, voice and data telecommunications, and desktop devices that provide hosted cloud and related services directly to the end users under the MiCloud brand. It also provides wholesale services comprising hosted PBX, voice and video calling, SIP trunking, voicemail, call center, audio conferencing, and video and Web collaboration services to service providers under the Powered by Mitel brand. The company sells its solutions through direct and indirect channels, as well as through strategic technology partnerships in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific regions. Mitel Networks Corporation was incorporated in 2001 and is headquartered in Ottawa, Canada.

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Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry Radio & t.v. communications equipment
Sub-IndustryN/A
SectorComputer and Technology
SymbolNASDAQ:MITL
CUSIPN/A
Phone613-592-2122

Debt

Debt-to-Equity Ratio1.31
Current Ratio1.05
Quick Ratio0.87

Price-To-Earnings

Trailing P/E Ratio-27.38
Forward P/E RatioN/A
P/E GrowthN/A

Sales & Book Value

Annual Sales$1.06 billion
Price / Sales1.27
Cash Flow$0.2192 per share
Price / Cash50.05
Book Value$2.88 per share
Price / Book3.81

Profitability

EPS (Most Recent Fiscal Year)($0.40)
Net Income$-49,700,000.00
Net Margins-2.76%
Return on Equity-9.58%
Return on Assets-2.15%

Miscellaneous

Employees3,820
Outstanding Shares122,680,000
Market Cap$1.34 billion

Mitel Networks (NASDAQ:MITL) Frequently Asked Questions

What is Mitel Networks' stock symbol?

Mitel Networks trades on the NASDAQ under the ticker symbol "MITL."

How will Mitel Networks' stock buyback program work?

Mitel Networks announced that its board has authorized a stock buyback program on Wednesday, March 7th 2018, which permits the company to buyback 61,000,000 shares, according to EventVestor. This buyback authorization permits the company to repurchase shares of its stock through open market purchases. Stock buyback programs are usually an indication that the company's leadership believes its stock is undervalued.

How were Mitel Networks' earnings last quarter?

Mitel Networks Corp (NASDAQ:MITL) released its earnings results on Wednesday, August, 1st. The communications equipment provider reported $0.29 earnings per share for the quarter, beating analysts' consensus estimates of $0.25 by $0.05. The communications equipment provider had revenue of $324.70 million for the quarter. Mitel Networks had a negative return on equity of 9.58% and a negative net margin of 2.76%. View Mitel Networks' Earnings History.

When is Mitel Networks' next earnings date?

Mitel Networks is scheduled to release their next quarterly earnings announcement on Thursday, November, 1st 2018. View Earnings Estimates for Mitel Networks.

What price target have analysts set for MITL?

4 brokers have issued 1 year price objectives for Mitel Networks' shares. Their forecasts range from $11.15 to $14.00. On average, they expect Mitel Networks' share price to reach $13.05 in the next twelve months. This suggests a possible upside of 19.0% from the stock's current price. View Analyst Price Targets for Mitel Networks.

What is the consensus analysts' recommendation for Mitel Networks?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Mitel Networks in the last year. There are currently 3 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Mitel Networks.

Who are some of Mitel Networks' key competitors?

Who are Mitel Networks' key executives?

Mitel Networks' management team includes the folowing people:
  • Dr. Terence H. Matthews, Co-Founder & Chairman (Age 75)
  • Mr. Richard D. McBee, CEO, Pres & Director (Age 55)
  • Mr. Steven E. Spooner, Chief Financial Officer (Age 60)
  • Mr. Todd A. Abbott, Exec. VP of Global Sales & Services (Age 59)
  • Mr. Graham G. Bevington, Exec. VP of Bus. Devel. (Age 58)

Has Mitel Networks been receiving favorable news coverage?

News coverage about MITL stock has trended somewhat positive on Monday, according to Accern Sentiment Analysis. The research group identifies positive and negative news coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Mitel Networks earned a coverage optimism score of 0.18 on Accern's scale. They also assigned media coverage about the communications equipment provider an impact score of 48.09 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the near term. View Recent Headlines for Mitel Networks.

Who are Mitel Networks' major shareholders?

Mitel Networks' stock is owned by a variety of of institutional and retail investors. Top institutional investors include SAND GROVE CAPITAL MANAGEMENT LLP (5.50%), Alpine Associates Management Inc. (4.61%), Paulson & CO. Inc. (3.26%), Connor Clark & Lunn Investment Management Ltd. (3.16%), RIVER ROAD ASSET MANAGEMENT, LLC (3.10%) and Gardner Lewis Asset Management L P (2.28%). Company insiders that own Mitel Networks stock include Associates LP Elliott, Colin Ross Mcanuff, David M Williams, Graham Bevington, Gregory James Hiscock, International LP Elliott, John Anthony Bellomo, John P Mchugh, Jon Brinton, Mahawa Vanessa Touray, Martha Helena Bejar, Peter Charbonneau, Richard D Mcbee, Stavros Pethakas, Steven Edward Spooner, Sudhakar Ramakrishna, Terence H Matthews, Thomas Gerald Lokar, Todd Abbott and Wesley Dean Durow. View Institutional Ownership Trends for Mitel Networks.

Which institutional investors are selling Mitel Networks stock?

MITL stock was sold by a variety of institutional investors in the last quarter, including Connor Clark & Lunn Investment Management Ltd., Cumberland Partners Ltd, Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp, CWM LLC, Investment Counselors of Maryland LLC, Citadel Advisors LLC, Balter Liquid Alternatives LLC and Spark Investment Management LLC. Company insiders that have sold Mitel Networks company stock in the last year include Associates LP Elliott, Colin Ross Mcanuff, Graham Bevington, Gregory James Hiscock, International LP Elliott, John P Mchugh, Jon Brinton, Mahawa Vanessa Touray, Martha Helena Bejar, Peter Charbonneau, Stavros Pethakas, Steven Edward Spooner, Terence H Matthews, Thomas Gerald Lokar, Todd Abbott and Wesley Dean Durow. View Insider Buying and Selling for Mitel Networks.

Which institutional investors are buying Mitel Networks stock?

MITL stock was acquired by a variety of institutional investors in the last quarter, including Alpine Associates Management Inc., Paulson & CO. Inc., Gardner Lewis Asset Management L P, Gabelli Funds LLC, Paradigm Capital Management Inc. NY, GABELLI & Co INVESTMENT ADVISERS INC., Water Island Capital LLC and IndexIQ Advisors LLC. Company insiders that have bought Mitel Networks stock in the last two years include David M Williams and Richard D Mcbee. View Insider Buying and Selling for Mitel Networks.

How do I buy shares of Mitel Networks?

Shares of MITL can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Mitel Networks' stock price today?

One share of MITL stock can currently be purchased for approximately $10.97.

How big of a company is Mitel Networks?

Mitel Networks has a market capitalization of $1.34 billion and generates $1.06 billion in revenue each year. The communications equipment provider earns $-49,700,000.00 in net income (profit) each year or ($0.40) on an earnings per share basis. Mitel Networks employs 3,820 workers across the globe.

How can I contact Mitel Networks?

Mitel Networks' mailing address is 350 LEGGET DRIVE, Ottawa A6, K2K 2W7. The communications equipment provider can be reached via phone at 613-592-2122 or via email at [email protected]


MarketBeat Community Rating for Mitel Networks (NASDAQ MITL)

Community Ranking:  2.7 out of 5 (star star)
Outperform Votes:  251 (Vote Outperform)
Underperform Votes:  219 (Vote Underperform)
Total Votes:  470
MarketBeat's community ratings are surveys of what our community members think about Mitel Networks and other stocks. Vote "Outperform" if you believe MITL will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MITL will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 8/21/2018 by MarketBeat.com Staff

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