NASDAQ:MITL - Mitel Networks Stock Price, Price Target & More

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$10.95 -0.01 (-0.09 %)
(As of 06/18/2018 04:00 PM ET)
Previous Close$10.95
Today's Range$10.92 - $10.98
52-Week Range$6.99 - $11.31
Volume1.01 million shs
Average Volume2.06 million shs
Market Capitalization$1.34 billion
P/E Ratio-27.38
Dividend YieldN/A
Beta2.43

About Mitel Networks (NASDAQ:MITL)

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

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

Debt

Debt-to-Equity Ratio1.63
Current Ratio1.06
Quick Ratio0.88

Price-To-Earnings

Trailing P/E Ratio-27.38
Forward P/E Ratio-42.12
P/E GrowthN/A

Sales & Book Value

Annual Sales$1.06 billion
Price / Sales1.27
Cash Flow$0.2190 per share
Price / Cash50.00
Book Value$2.88 per share
Price / Book3.80

Profitability

EPS (Most Recent Fiscal Year)($0.40)
Net Income$-49,700,000.00
Net Margins-4.31%
Return on Equity-14.62%
Return on Assets-3.32%

Miscellaneous

Employees3,820
Outstanding Shares122,610,000

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 approved a stock repurchase program on Wednesday, March 7th 2018, which allows the company to buyback 61,000,000 shares, according to EventVestor. This buyback authorization allows the company to repurchase shares of its stock through open market purchases. Shares buyback programs are typically an indication that the company's board of directors believes its stock is undervalued.

How were Mitel Networks' earnings last quarter?

Mitel Networks Corp (NASDAQ:MITL) announced its quarterly earnings results on Wednesday, May, 2nd. The communications equipment provider reported $0.15 EPS for the quarter, topping analysts' consensus estimates of ($0.15) by $0.30. The communications equipment provider earned $313.80 million during the quarter, compared to the consensus estimate of $309.50 million. Mitel Networks had a negative net margin of 4.31% and a negative return on equity of 14.62%. 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, July, 26th 2018. View Earnings Estimates for Mitel Networks.

What price target have analysts set for MITL?

4 analysts have issued 1 year price targets for Mitel Networks' stock. Their predictions range from $11.15 to $14.00. On average, they anticipate Mitel Networks' stock price to reach $13.05 in the next year. View Analyst Ratings for Mitel Networks.

Are investors shorting Mitel Networks?

Mitel Networks saw a drop in short interest in May. As of May 31st, there was short interest totalling 860,264 shares, a drop of 26.0% from the May 15th total of 1,162,149 shares. Based on an average daily trading volume, of 2,306,634 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.7% of the shares of the company are short sold.

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?

Headlines about MITL stock have trended somewhat positive this week, Accern reports. The research firm identifies positive and negative press coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Mitel Networks earned a media sentiment score of 0.05 on Accern's scale. They also assigned headlines about the communications equipment provider an impact score of 47.46 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company's share price in the next several days.

Who are Mitel Networks' major shareholders?

Mitel Networks' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include River Road Asset Management LLC (6.18%), SAND GROVE CAPITAL MANAGEMENT LLP (5.50%), P2 Capital Partners LLC (4.95%), Rubric Capital Management LP (3.93%), RIVER ROAD ASSET MANAGEMENT, LLC (3.10%) and Keeley Teton Advisors LLC (2.13%). 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 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 Millennium Management LLC, Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp, GSA Capital Partners LLP, Royal Bank of Canada, Keeley Teton Advisors LLC, Russell Investments Group Ltd., Sentry Investments Corp. and Sei Investments Co.. 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 Anthony Bellomo, John P Mchugh, Jon Brinton, Mahawa Vanessa Touray, Martha Helena Bejar, Peter Charbonneau, Richard D Mcbee, Stavros Pethakas, Steven Edward Spooner, Terence H Matthews and Thomas Gerald Lokar. View Insider Buying and Selling for Mitel Networks.

Which institutional investors are buying Mitel Networks stock?

MITL stock was purchased by a variety of institutional investors in the last quarter, including P2 Capital Partners LLC, Legion Partners Asset Management LLC, Heartland Advisors Inc., Rubric Capital Management LP, Wells Fargo & Company MN, River Road Asset Management LLC, Balter Liquid Alternatives LLC and Knott David M. 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 $10.95.

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 (MITL)

Community Ranking:  2.8 out of 5 (star star)
Outperform Votes:  231 (Vote Outperform)
Underperform Votes:  185 (Vote Underperform)
Total Votes:  416
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 6/18/2018 by MarketBeat.com Staff

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