Mitel Networks Corp Company Profile (NASDAQ:MITL)

About Mitel Networks Corp (NASDAQ:MITL)

Mitel Networks Corp logoMitel Networks Corporation is a provider of business communications and collaboration software, services and solutions. The Company's segments include Cloud and Enterprise. The Enterprise segment sells and supports products and services for premise-based customers. The Cloud segment sells and supports products that are deployed in a cloud environment. The Company's product portfolio includes premises and cloud-based enterprise communications infrastructure products and solutions, unified communications and collaboration (UCC) and contact center applications and a range of service offerings. The Company's Cloud Division offers a range of private, public, hybrid and mobile Software as a Service (SaaS) solutions for businesses of all sizes. This includes Unified Communications as a Service (UCaaS) solutions. Its Enterprise Division portfolio integrates voice, UCC applications, and contact center applications on fixed and mobile networks across a range of end user devices.

Industry, Sector and Symbol:
  • Sector: Computer and Technology
  • Industry: Communication Equipment
  • Sub-Industry: N/A
  • Symbol: NASDAQ:MITL
  • CUSIP: N/A
  • Web: www.mitel.com
Capitalization:
  • Market Cap: $845.6 million
  • Outstanding Shares: 122,729,000
Average Prices:
  • 50 Day Moving Avg: $6.75
  • 200 Day Moving Avg: $6.91
  • 52 Week Range: $5.81 - $8.52
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 8.51
  • P/E Growth: 9.22
Sales & Book Value:
  • Annual Revenue: $977.7 million
  • Price / Sales: 0.86
  • Book Value: $2.95 per share
  • Price / Book: 2.34
Profitability:
  • EBIDTA: $111.8 million
  • Net Margins: -1.19%
  • Return on Equity: 14.48%
  • Return on Assets: 4.69%
Debt:
  • Debt-to-Equity Ratio: 1.02%
  • Current Ratio: 1.46%
  • Quick Ratio: 1.19%
Misc:
  • Average Volume: 430,423 shs.
  • Beta: 2.7
  • Short Ratio: 1.32
 

Frequently Asked Questions for Mitel Networks Corp (NASDAQ:MITL)

What is Mitel Networks Corp's stock symbol?

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

How will Mitel Networks Corp's stock buyback program work?

Mitel Networks Corp declared that its Board of Directors has authorized a share repurchase plan on Thursday, April 6th 2017, which allows the company to buyback 7,820,000 outstanding shares, according to EventVestor. This buyback authorization allows the company to purchase shares of its stock through open market purchases. Shares buyback plans are usually an indication that the company's leadership believes its stock is undervalued.

How were Mitel Networks Corp's earnings last quarter?

Mitel Networks Corp (NASDAQ:MITL) issued its earnings results on Thursday, August, 4th. The company reported $0.19 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.14 by $0.05. The business had revenue of $307.20 million for the quarter, compared to analyst estimates of $292.05 million. Mitel Networks Corp had a negative net margin of 1.19% and a positive return on equity of 14.48%. The business's quarterly revenue was up 10.9% on a year-over-year basis. During the same period last year, the firm posted $0.18 earnings per share. View Mitel Networks Corp's Earnings History.

Where is Mitel Networks Corp's stock going? Where will Mitel Networks Corp's stock price be in 2017?

2 analysts have issued 1 year price objectives for Mitel Networks Corp's stock. Their predictions range from $7.50 to $10.50. On average, they anticipate Mitel Networks Corp's share price to reach $9.00 in the next year. View Analyst Ratings for Mitel Networks Corp.

Are investors shorting Mitel Networks Corp?

Mitel Networks Corp saw a increase in short interest in the month of May. As of May 15th, there was short interest totalling 1,009,801 shares, an increase of 32.0% from the April 28th total of 765,204 shares. Based on an average daily volume of 465,937 shares, the days-to-cover ratio is presently 2.2 days. Currently, 1.0% of the shares of the company are short sold.

Who are some of Mitel Networks Corp's key competitors?

Who owns Mitel Networks Corp stock?

Mitel Networks Corp's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Elliott Management Corp (9.98%), Turtle Creek Asset Management Inc. (5.70%), Francisco Partners Management LP (5.27%), FRANCISCO PARTNERS PARALLEL FUND II, L.P. (5.30%), Credit Suisse AG (3.13%) and Alliancebernstein L.P. (2.66%). Company insiders that own Mitel Networks Corp stock include David M Williams, Graham Bevington, Mahawa Vanessa Touray, Steven Edward Spooner, Sudhakar Ramakrishna, Terence H Matthews and Wesley Dean Durow. View Institutional Ownership Trends for Mitel Networks Corp.

Who sold Mitel Networks Corp stock? Who is selling Mitel Networks Corp stock?

Mitel Networks Corp's stock was sold by a variety of institutional investors in the last quarter, including Turtle Creek Asset Management Inc., Paradigm Capital Management Inc. NY, Renaissance Technologies LLC, Credit Suisse AG, Emerald Mutual Fund Advisers Trust, TD Asset Management Inc., Massachusetts Financial Services Co. MA and Bank of New York Mellon Corp. Company insiders that have sold Mitel Networks Corp stock in the last year include Graham Bevington, Mahawa Vanessa Touray, Steven Edward Spooner, Sudhakar Ramakrishna, Terence H Matthews and Wesley Dean Durow. View Insider Buying and Selling for Mitel Networks Corp.

Who bought Mitel Networks Corp stock? Who is buying Mitel Networks Corp stock?

Mitel Networks Corp's stock was acquired by a variety of institutional investors in the last quarter, including Investment Counselors of Maryland LLC, Ionic Capital Management LLC, Point72 Asset Management L.P., Kestrel Investment Management Corp, Rubric Capital Management LP, Pacific Grove Capital LP, Hodges Capital Management Inc. and Oxford Asset Management. View Insider Buying and Selling for Mitel Networks Corp.

How do I buy Mitel Networks Corp stock?

Shares of Mitel Networks Corp can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Mitel Networks Corp stock cost?

One share of Mitel Networks Corp stock can currently be purchased for approximately $6.89.

Analyst Ratings

Consensus Ratings for Mitel Networks Corp (NASDAQ:MITL) (?)
Ratings Breakdown: 2 Hold Ratings
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $9.00 (30.62% upside)

Analysts' Ratings History for Mitel Networks Corp (NASDAQ:MITL)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
5/4/2017National Bank FinancialDowngradeOutperform -> Sector PerformMediumView Rating Details
5/2/2017Royal Bank of CanadaReiterated RatingHold$7.50MediumView Rating Details
12/3/2015CIBCReiterated RatingSector Outperform$13.50 -> $12.50N/AView Rating Details
11/5/2015Canaccord GenuityReiterated RatingBuy$11.00N/AView Rating Details
(Data available from 5/25/2015 forward)

Earnings

Earnings History for Mitel Networks Corp (NASDAQ:MITL)
Earnings by Quarter for Mitel Networks Corp (NASDAQ:MITL)
Earnings History by Quarter for Mitel Networks Corp (NASDAQ:MITL)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
2/23/2017Q416$0.23$0.11$301.63 million$277.50 millionViewN/AView Earnings Details
11/3/2016Q316$0.12$0.20$284.98 million$279.80 millionViewN/AView Earnings Details
8/4/2016Q216$0.14$0.19$292.05 million$307.20 millionViewN/AView Earnings Details
5/5/2016Q116$0.07$0.06$281.88 million$276.80 millionViewListenView Earnings Details
2/25/2016Q415$0.28$0.29$332.43 million$335.70 millionViewListenView Earnings Details
11/5/2015Q315$0.08$0.12$287.30 million$293.70 millionViewN/AView Earnings Details
8/6/2015Q215$0.17$0.16$292.15 million$292.30 millionViewN/AView Earnings Details
5/7/2015Q115$0.15$0.14$256.48 million$248.10 millionViewN/AView Earnings Details
2/26/2015Q414$0.27$0.35$303.23 million$301.40 millionViewN/AView Earnings Details
11/6/2014Q115$0.16$0.18$270.70 billion$272.40 billionViewN/AView Earnings Details
8/7/2014Q414$0.23$0.20$286.20 million$288.70 millionViewN/AView Earnings Details
5/8/2014Q314$0.08$0.21$146.50 million$241.50 millionViewN/AView Earnings Details
12/5/2013Q2$0.20$0.22$146.22 million$144.90 millionViewListenView Earnings Details
8/29/2013Q114$0.15$0.17$143.50 million$141.60 millionViewN/AView Earnings Details
6/24/2013Q413$0.24$0.25$145.71 million$150.90 millionViewN/AView Earnings Details
2/28/2013Q312$0.22$0.23$143.03 million$142.00 millionViewN/AView Earnings Details
11/29/20120.25$0.25$145.50 millionViewN/AView Earnings Details
8/30/2012Q113$0.14$0.08$141.16 million$138.50 millionViewN/AView Earnings Details
6/19/2012$0.24$0.30ViewN/AView Earnings Details
3/1/2012$0.21$0.21ViewN/AView Earnings Details
12/1/2011$0.17$0.24ViewN/AView Earnings Details
9/1/2011$0.14$0.16ViewN/AView Earnings Details
6/30/2011$0.14$0.19ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Mitel Networks Corp (NASDAQ:MITL)
Current Year EPS Consensus Estimate: $0.79 EPS
Next Year EPS Consensus Estimate: $0.81 EPS

Dividends

Dividend History for Mitel Networks Corp (NASDAQ:MITL)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading and Institutional Ownership History for Mitel Networks Corp (NASDAQ:MITL)
Institutional Ownership Percentage: 77.46%
Insider Trades by Quarter for Mitel Networks Corp (NASDAQ:MITL)
Institutional Ownership by Quarter for Mitel Networks Corp (NASDAQ:MITL)
Insider Trades by Quarter for Mitel Networks Corp (NASDAQ:MITL)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
5/19/2017Mahawa Vanessa TourayInsiderSell127$6.59$836.93View SEC Filing  
5/16/2017Wesley Dean DurowInsiderSell1,334$6.77$9,031.18View SEC Filing  
5/15/2017Terence H MatthewsChairmanSell2,245$6.60$14,817.00View SEC Filing  
3/10/2017David M WilliamsDirectorBuy15,000$6.90$103,500.00View SEC Filing  
3/10/2017Steven Edward SpoonerCFOSell24,767$6.95$172,130.65View SEC Filing  
3/10/2017Wesley Dean DurowInsiderSell2,613$6.95$18,160.35View SEC Filing  
3/3/2017Terence H MatthewsChairmanSell1,199$6.49$7,781.51View SEC Filing  
3/2/2017David M WilliamsDirectorBuy15,000$6.54$98,100.00View SEC Filing  
3/2/2017Graham BevingtonInsiderSell801$6.58$5,270.58View SEC Filing  
3/2/2017Steven Edward SpoonerCFOSell4,040$6.58$26,583.20View SEC Filing  
3/1/2017Sudhakar RamakrishnaDirectorSell513$6.67$3,421.71View SEC Filing  
3/1/2017Terence H MatthewsChairmanSell254,699$6.64$1,691,201.36View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Mitel Networks Corp (NASDAQ:MITL)
Latest Headlines for Mitel Networks Corp (NASDAQ:MITL)
Source:
DateHeadline
seekingalpha.com logoMitel Networks (MITL) Presents At Needham Emerging Technology Conference - Slideshow
seekingalpha.com - May 24 at 10:43 AM
americanbankingnews.com logoZacks: Analysts Set $8.17 Price Target for Mitel Networks Corp (MITL)
www.americanbankingnews.com - May 19 at 1:20 PM
americanbankingnews.com logo$248 Million in Sales Expected for Mitel Networks Corp (MITL) This Quarter
www.americanbankingnews.com - May 17 at 8:56 AM
finance.yahoo.com logoMitel Networks Corp. breached its 50 day moving average in a Bullish Manner : MITL-US : May 17, 2017
finance.yahoo.com - May 17 at 8:12 AM
americanbankingnews.com logoTerence H. Matthews Sells 2,245 Shares of Mitel Networks Corp (MITL) Stock
www.americanbankingnews.com - May 16 at 1:40 PM
americanbankingnews.com logoMitel Networks Corp (MITL) Expected to Post Earnings of -$0.01 Per Share
www.americanbankingnews.com - May 16 at 12:22 AM
streetinsider.com logoMitel Networks (MITL) Signs MoU with Toshiba to Transfer Unified Communications Systems Business Assets
www.streetinsider.com - May 12 at 5:55 AM
globenewswire.com logoMitel to Present at the Needham Emerging Technology Conference ... - GlobeNewswire (press release)
globenewswire.com - May 12 at 12:03 AM
streetinsider.com logoMitel Networks (MITL) Signs MoU with Toshiba to Transfer Unified Communications Systems Business Assets - StreetInsider.com
www.streetinsider.com - May 12 at 12:03 AM
finance.yahoo.com logoEdited Transcript of MITL earnings conference call or presentation 4-May-17 12:30pm GMT
finance.yahoo.com - May 7 at 1:54 AM
finance.yahoo.com logoMitel Networks Corp. breached its 50 day moving average in a Bearish Manner : MITL-US : May 5, 2017
finance.yahoo.com - May 5 at 9:08 AM
americanbankingnews.com logoNational Bank Financial Downgrades Mitel Networks Corp (MITL) to Sector Perform
www.americanbankingnews.com - May 4 at 6:18 PM
americanbankingnews.com logoZacks: Analysts Set $8.67 Target Price for Mitel Networks Corp (MITL)
www.americanbankingnews.com - May 4 at 11:24 AM
finance.yahoo.com logoInvestor Network: Mitel Networks Corporation to Host Earnings Call
finance.yahoo.com - May 4 at 8:46 AM
finance.yahoo.com logoMitel Reports Solid March Quarter Revenues and Earnings Per Share
finance.yahoo.com - May 3 at 5:37 PM
americanbankingnews.com logoMitel Networks Corp (MITL) Receiving Positive Press Coverage, AlphaOne Reports
www.americanbankingnews.com - May 3 at 2:42 PM
americanbankingnews.com logoMitel Networks Corp's (MITL) "Hold" Rating Reiterated at Royal Bank of Canada
www.americanbankingnews.com - May 2 at 3:04 PM
americanbankingnews.com logoMitel Networks Corp (MITL) Given Daily News Impact Rating of 0.08
www.americanbankingnews.com - April 28 at 8:12 PM
americanbankingnews.com logo$221.5 Million in Sales Expected for Mitel Networks Corp (MITL) This Quarter
www.americanbankingnews.com - April 27 at 12:52 PM
finance.yahoo.com logoMitel Networks Corp. – Value Analysis (NASDAQ:MITL) : April 26, 2017
finance.yahoo.com - April 26 at 5:47 PM
americanbankingnews.com logoSomewhat Negative Media Coverage Somewhat Unlikely to Impact Mitel Networks Corp (MITL) Share Price
www.americanbankingnews.com - April 25 at 6:40 PM
finance.yahoo.com logoMitel Networks Corp. breached its 50 day moving average in a Bullish Manner : MITL-US : April 25, 2017
finance.yahoo.com - April 25 at 9:27 AM
americanbankingnews.com logoMitel Networks Corp (MITL) Receiving Somewhat Favorable Press Coverage, Report Shows
www.americanbankingnews.com - April 22 at 9:35 AM
americanbankingnews.com logo Analysts Set $8.25 Price Target for Mitel Networks Corp (MITL)
www.americanbankingnews.com - April 19 at 8:16 AM
americanbankingnews.com logoMitel Networks Corp (MITL) Earning Very Positive News Coverage, Study Finds
www.americanbankingnews.com - April 16 at 7:50 AM
americanbankingnews.com logoSomewhat Favorable Media Coverage Very Likely to Impact Mitel Networks Corp (MITL) Share Price
www.americanbankingnews.com - April 13 at 3:49 PM
americanbankingnews.com logoMitel Networks Corp (MITL) to Buyback 7,820,000 Outstanding Stock
www.americanbankingnews.com - April 6 at 4:19 PM
americanbankingnews.com logoZacks: Mitel Networks Corp (MITL) Given $8.25 Consensus Target Price by Analysts
www.americanbankingnews.com - April 5 at 12:28 AM
americanbankingnews.com logoMitel Networks Corp (MITL) Short Interest Down 24.4% in March
www.americanbankingnews.com - March 28 at 8:38 AM
americanbankingnews.com logoMitel Networks Corp (MITL) Director Buys $103,500.00 in Stock
www.americanbankingnews.com - March 10 at 7:37 PM
moodys.com logoMitel Networks Corporation -- Moody's withdraws all ratings of Mitel Networks following rated debt repayment
www.moodys.com - March 10 at 11:03 AM
finanznachrichten.de logoMITEL NETWORKS CORPORATION
www.finanznachrichten.de - February 28 at 6:40 PM
seekingalpha.com logoMitel Networks' (MITL) CEO Richard McBee on Q4 2016 Results - Earnings Call Transcript
seekingalpha.com - February 23 at 6:36 PM
us.rd.yahoo.com logoMitel Reports December Quarter Results
us.rd.yahoo.com - February 23 at 6:36 PM
biz.yahoo.com logoMitel Networks Corp Earnings Call scheduled for 8:30 am ET today
biz.yahoo.com - February 23 at 9:48 AM
biz.yahoo.com logoQ4 2016 Mitel Networks Corp Earnings Release - Before Market Open
biz.yahoo.com - February 23 at 7:08 AM
finanznachrichten.de logoXura, Inc.: Xura to change company name to Mavenir Systems upon completion of Mitel Mobile acquisition
www.finanznachrichten.de - February 8 at 5:54 AM
seekingalpha.com logoMitel Networks (MITL) Presents at 19th Annual Needham Growth Conference
seekingalpha.com - January 11 at 7:08 PM

Social

Chart

Mitel Networks Corp (MITL) Chart for Thursday, May, 25, 2017

This page was last updated on 5/25/2017 by MarketBeat.com Staff