About Mitel Networks (NASDAQ:MITL)
Mitel 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
Industry Enterprise Software
SectorComputer and Technology
Trailing P/E Ratio-4.37864077669903
Forward P/E Ratio-19.19
Sales & Book Value
Annual Sales$987.60 million
Price / Sales1.10
Cash Flow$2.87 per share
Price / Cash3.14
Book Value$3.14 per share
Price / Book2.87
Return on Equity-9.36%
Return on Assets-2.42%
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 of Directors has initiated a stock repurchase plan on Thursday, April 6th 2017, which authorizes the company to buyback 7,820,000 outstanding shares, according to EventVestor. This buyback authorization authorizes the company to repurchase shares of its stock through open market purchases. Shares buyback plans are generally a sign that the company's management believes its stock is undervalued.
How were Mitel Networks' earnings last quarter?
Mitel Networks Corp (NASDAQ:MITL) released its quarterly earnings data on Thursday, November, 2nd. The communications equipment provider reported ($0.23) earnings per share (EPS) for the quarter. The communications equipment provider had revenue of $241.50 million for the quarter, compared to analyst estimates of $233.50 million. Mitel Networks had a negative return on equity of 9.36% and a negative net margin of 26.71%. View Mitel Networks' Earnings History.
When will Mitel Networks make its next earnings announcement?
Where is Mitel Networks' stock going? Where will Mitel Networks' stock price be in 2018?
4 brokerages have issued 1 year price targets for Mitel Networks' shares. Their predictions range from $8.50 to $14.00. On average, they anticipate Mitel Networks' stock price to reach $12.17 in the next year. View Analyst Ratings for Mitel Networks.
Who are some of Mitel Networks' key competitors?
Some companies that are related to Mitel Networks include Appian (APPN), Luxoft (LXFT), MicroStrategy (MSTR), Q2 (QTWO), AppFolio (APPF), Varonis Systems (VRNS), Hortonworks (HDP), SailPoint Technologies (SAIL), Talend (TLND), Instructure (INST), Apptio (APTI), Fidessa Group (FDSA), SendGrid (SEND), PROS (PRO), Workiva (WK), Deltek (PROJ), QAD (QADA) and Benefitfocus (BNFT).
Who are Mitel Networks' key executives?
Mitel Networks' management team includes the folowing people:
- Terence Hedley Matthews, Independent Chairman of the Board (Age 74)
- Richard D. McBee, President, Chief Executive Officer, Director (Age 53)
- Steven E. Spooner, Chief Financial Officer (Age 57)
- Thomas Gerald Lokar, Chief Human Resource Officer (Age 50)
- Todd Abbott, Executive Vice President - Global Sales
- Robert D. Agnes, Executive Vice President and President - Enterprise Division (Age 58)
- Graham Bevington, Executive Vice President - Business Development (Age 57)
- Jon D. Brinton, Senior Vice President, Strategy and Integration â€” Products and Solutions Group of Mitel (Age 52)
- Rajib Das, Senior Vice President - Global Service Delivery
- Jamshid Rezaei, Chief Information Officer
Who owns Mitel Networks stock?
Mitel Networks' stock is owned by a variety of of institutional and retail investors. Top institutional investors include Acadian Asset Management LLC (1.16%), CWM LLC (0.40%), Bank of Montreal Can (0.14%) and Montrusco Bolton Investments Inc. (0.08%). 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, Mahawa Vanessa Touray, Peter Charbonneau, Richard D Mcbee, Steven Edward Spooner, Sudhakar Ramakrishna, Terence H Matthews, Thomas Gerald Lokar and Wesley Dean Durow. View Institutional Ownership Trends for Mitel Networks.
Who bought Mitel Networks stock? Who is buying Mitel Networks stock?
Mitel Networks' stock was purchased by a variety of institutional investors in the last quarter, including CWM LLC, Acadian Asset Management LLC, Montrusco Bolton Investments Inc. and Bank of Montreal Can. 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 Mitel Networks stock?
Shares of Mitel Networks 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 Mitel Networks stock can currently be purchased for approximately $9.02.
How big of a company is Mitel Networks?
Mitel Networks has a market capitalization of $1.08 billion and generates $987.60 million in revenue each year. The communications equipment provider earns $-217,300,000.00 in net income (profit) each year or ($2.06) on an earnings per share basis. Mitel Networks employs 3,300 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)MarketBeat's community ratings are surveys of what our community members think about Mitel Networks and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Mitel Networks (NASDAQ:MITL) Analysts' Consensus Rating (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus analyst ratings for company stocks using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Today||30 Days Ago||90 Days Ago||180 Days Ago|
|Consensus Rating: ||Buy||Buy||Buy||Hold|
|Consensus Rating Score: ||2.75||2.75||2.50||2.00|
|Ratings Breakdown: ||0 Sell Rating(s)|
1 Hold Rating(s)
3 Buy Rating(s)
0 Strong Buy Rating(s)
|0 Sell Rating(s)|
1 Hold Rating(s)
3 Buy Rating(s)
0 Strong Buy Rating(s)
|0 Sell Rating(s)|
1 Hold Rating(s)
1 Buy Rating(s)
0 Strong Buy Rating(s)
|0 Sell Rating(s)|
2 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s)
|Consensus Price Target: ||$12.17||$12.17||$11.25||$9.00|
|Price Target Upside: ||49.28% upside||49.28% upside||28.28% upside||30.81% upside|
Mitel Networks (NASDAQ:MITL) Consensus Price Target History
Mitel Networks (NASDAQ:MITL) Analyst Ratings History
(Data available from 1/23/2016 forward)
Mitel Networks (NASDAQ:MITL) Earnings History and Estimates Chart
Mitel Networks (NASDAQ MITL) Earnings History by Quarter
(Earnings results data provided by Zacks Investment Research)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|11/2/2017||Q3 2017||($0.23)||$233.50 million||$241.50 million||View||N/A|
|7/27/2017||6/30/2017||($0.01)||$0.13||$244.55 million||$238.60 million||View||N/A|
|5/3/2017||Q1 2017||($0.03)||($0.16)||$221.50 million||$223.10 million||View||N/A|
|2/23/2017||Q416||$0.23||$0.11||$301.63 million||$277.50 million||View||N/A|
|11/3/2016||Q316||$0.12||$0.20||$284.98 million||$279.80 million||View||N/A|
|8/4/2016||Q216||$0.14||$0.19||$292.05 million||$307.20 million||View||N/A|
|5/5/2016||Q116||$0.07||$0.06||$281.88 million||$276.80 million||View||Listen|
|2/25/2016||Q415||$0.28||$0.29||$332.43 million||$335.70 million||View||Listen|
|11/5/2015||Q315||$0.08||$0.12||$287.30 million||$293.70 million||View||N/A|
|8/6/2015||Q215||$0.17||$0.16||$292.15 million||$292.30 million||View||N/A|
|5/7/2015||Q115||$0.15||$0.14||$256.48 million||$248.10 million||View||N/A|
|2/26/2015||Q414||$0.27||$0.35||$303.23 million||$301.40 million||View||N/A|
|11/6/2014||Q115||$0.16||$0.18||$270.70 billion||$272.40 billion||View||N/A|
|8/7/2014||Q414||$0.23||$0.20||$286.20 million||$288.70 million||View||N/A|
|5/8/2014||Q314||$0.08||$0.21||$146.50 million||$241.50 million||View||N/A|
|12/5/2013||Q2||$0.20||$0.22||$146.22 million||$144.90 million||View||Listen|
|8/29/2013||Q114||$0.15||$0.17||$143.50 million||$141.60 million||View||N/A|
|6/24/2013||Q413||$0.24||$0.25||$145.71 million||$150.90 million||View||N/A|
|2/28/2013||Q312||$0.22||$0.23||$143.03 million||$142.00 million||View||N/A|
|8/30/2012||Q113||$0.14||$0.08||$141.16 million||$138.50 million||View||N/A|
Mitel Networks (NASDAQ:MITL) Earnings Estimates
Current Year EPS Consensus Estimate: $-0.47 EPS
Next Year EPS Consensus Estimate: $-0.01 EPS
Dividend History for Mitel Networks (NASDAQ:MITL)
No dividend announcements for this company have been tracked by MarketBeat.com
Mitel Networks (NASDAQ MITL) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 16.50%
Institutional Ownership Percentage: 80.58%
Mitel Networks (NASDAQ MITL) Insider Trades by Quarter
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Shares Held After Transaction||Details|
|11/13/2017||John P Mchugh||Director||Sell||657||$7.94||$5,216.58||70,367|| |
|11/13/2017||Terence H Matthews||Chairman||Sell||1,878||$7.94||$14,911.32||46,462|| |
|11/10/2017||Colin Ross Mcanuff||Insider||Sell||2,709||$7.99||$21,644.91||5,000|| |
|11/8/2017||Richard D Mcbee||Insider||Buy||10,000||$8.00||$80,000.00||268,047|| |
|9/27/2017||Associates L.P. Elliott||Major Shareholder||Sell||350,475||$8.25||$2,891,418.75|| |
|9/15/2017||Associates L.P. Elliott||Major Shareholder||Sell||150,800||$8.25||$1,244,100.00|| |
|9/14/2017||Gregory James Hiscock||Insider||Sell||3,125||$8.14||$25,437.50||6,063|| |
|9/12/2017||Associates L.P. Elliott||Major Shareholder||Sell||25,000||$8.15||$203,750.00|| |
|9/6/2017||Peter Charbonneau||Director||Sell||32,668||$8.02||$261,997.36||64,943|| |
|9/1/2017||Associates L.P. Elliott||Major Shareholder||Sell||50,000||$8.26||$413,000.00|| |
|9/1/2017||John P Mchugh||Director||Sell||8,136||$8.21||$66,796.56||66,170|| |
|8/28/2017||Associates L.P. Elliott||Major Shareholder||Sell||1,000||$8.25||$8,250.00|| |
|8/25/2017||Associates L.P. Elliott||Major Shareholder||Sell||154,184||$8.29||$1,278,185.36|| |
|8/23/2017||International L.P. Elliott||Major Shareholder||Sell||192,277||$8.30||$1,595,899.10|| |
|8/22/2017||Thomas Gerald Lokar||Insider||Sell||6,000||$8.20||$49,200.00||6,000|| |
|8/21/2017||Mahawa Vanessa Touray||Insider||Sell||10,933||$8.09||$88,447.97||2,770|| |
|8/10/2017||Terence H Matthews||Chairman||Sell||1,762||$8.24||$14,518.88||44,303|| |
|8/9/2017||Terence H Matthews||Chairman||Sell||450,000||$8.32||$3,744,000.00||40,703|| |
|8/8/2017||John Anthony Bellomo||Insider||Sell||595||$8.51||$5,063.45||4,799|| |
|8/8/2017||Terence H Matthews||Chairman||Sell||350,000||$8.35||$2,922,500.00||40,703|| |
|8/7/2017||Thomas Gerald Lokar||Insider||Sell||18,736||$8.64||$161,879.04||14,752|| |
|7/31/2017||Richard D Mcbee||Insider||Sell||130,000||$8.35||$1,085,500.00||397,647|| |
|7/28/2017||Richard D Mcbee||Insider||Sell||50,000||$8.14||$407,000.00||317,647|| |
|7/24/2017||Richard D Mcbee||Insider||Sell||80,000||$7.26||$580,800.00||347,647|| |
|7/17/2017||Richard D Mcbee||Insider||Sell||55,000||$7.07||$388,850.00||322,647|| |
|6/9/2017||David M Williams||Director||Buy||10,000||$7.51||$75,100.00||220,000|| |
|6/8/2017||Gregory James Hiscock||Insider||Sell||3,750||$7.34||$27,525.00||12,313|| |
|5/24/2017||Terence H Matthews||Chairman||Sell||971,900||$7.08||$6,881,052.00||40,703|| |
|5/19/2017||Mahawa Vanessa Touray||Insider||Sell||127||$6.59||$836.93||2,111|| |
|5/16/2017||Wesley Dean Durow||Insider||Sell||1,334||$6.77||$9,031.18||16,116|| |
|5/15/2017||Terence H Matthews||Chairman||Sell||2,245||$6.60||$14,817.00||42,948|| |
|3/10/2017||David M Williams||Director||Buy||15,000||$6.90||$103,500.00||210,000|| |
|3/10/2017||Steven Edward Spooner||CFO||Sell||24,767||$6.95||$172,130.65||172,821|| |
|3/10/2017||Wesley Dean Durow||Insider||Sell||2,613||$6.95||$18,160.35||13,729|| |
|3/3/2017||Terence H Matthews||Chairman||Sell||1,199||$6.49||$7,781.51||37,936|| |
|3/2/2017||David M Williams||Director||Buy||15,000||$6.54||$98,100.00||195,000|| |
|3/2/2017||Graham Bevington||Insider||Sell||801||$6.58||$5,270.58||19,873|| |
|3/2/2017||Steven Edward Spooner||CFO||Sell||4,040||$6.58||$26,583.20||153,536|| |
|3/1/2017||Sudhakar Ramakrishna||Director||Sell||513||$6.67||$3,421.71||16,653|| |
|3/1/2017||Terence H Matthews||Chairman||Sell||254,699||$6.64||$1,691,201.36||41,311|| |
Mitel Networks (NASDAQ MITL) News Headlines
Mitel Networks (NASDAQ:MITL) SEC Filings
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Mitel Networks (NASDAQ:MITL) Income Statement, Balance Sheet and Cash Flow Statement
Mitel Networks (NASDAQ MITL) Stock Chart for Tuesday, January, 23, 2018