Mitel Networks Corporation Company Profile (NASDAQ:MITL)

About Mitel Networks Corporation (NASDAQ:MITL)

Mitel Networks Corporation 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: Enterprise Software
  • Sub-Industry: N/A
  • Symbol: NASDAQ:MITL
  • CUSIP: N/A
  • Web: www.mitel.com
Capitalization:
  • Market Cap: $1.04 billion
  • Outstanding Shares: 118,247,000
Average Prices:
  • 50 Day Moving Avg: $8.34
  • 200 Day Moving Avg: $7.59
  • 52 Week Range: $6.21 - $8.94
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 8.68
  • P/E Growth: 0.49
Sales & Book Value:
  • Annual Revenue: $956 million
  • Price / Sales: 1.08
  • Book Value: $2.83 per share
  • Price / Book: 3.10
Profitability:
  • EBITDA: $103.4 million
  • Net Margins: -20.50%
  • Return on Equity: 4.69%
  • Return on Assets: 1.39%
Debt:
  • Debt-to-Equity Ratio: 0.74%
  • Current Ratio: 1.35%
  • Quick Ratio: 1.06%
Misc:
  • Average Volume: 1.06 million shs.
  • Beta: 2.71
  • Short Ratio: 1.7
 

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

What is Mitel Networks Corporation's stock symbol?

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

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

Mitel Networks Corporation declared that its board has initiated a share repurchase program on Thursday, April 6th 2017, which allows the company to repurchase 7,820,000 outstanding shares, according to EventVestor. This repurchase authorization allows the company to buy shares of its stock through open market purchases. Shares repurchase programs are typically an indication that the company's management believes its stock is undervalued.

How were Mitel Networks Corporation's earnings last quarter?

Mitel Networks Corporation (NASDAQ:MITL) posted its earnings results on Thursday, July, 27th. The company reported $0.13 EPS for the quarter, beating analysts' consensus estimates of ($0.01) by $0.14. The firm had revenue of $238.60 million for the quarter, compared to analysts' expectations of $244.55 million. Mitel Networks Corporation had a negative net margin of 20.50% and a positive return on equity of 4.69%. The firm's quarterly revenue was down 8.3% on a year-over-year basis. During the same period in the previous year, the business earned $0.19 earnings per share. View Mitel Networks Corporation's Earnings History.

When will Mitel Networks Corporation make its next earnings announcement?

Mitel Networks Corporation is scheduled to release their next quarterly earnings announcement on Thursday, November, 2nd 2017. View Earnings Estimates for Mitel Networks Corporation.

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

2 brokerages have issued twelve-month target prices for Mitel Networks Corporation's stock. Their forecasts range from $8.50 to $10.00. On average, they expect Mitel Networks Corporation's stock price to reach $9.25 in the next twelve months. View Analyst Ratings for Mitel Networks Corporation.

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

Who are Mitel Networks Corporation's key executives?

Mitel Networks Corporation's management team includes the folowing people:

  • Terence Hedley Matthews, Independent Chairman of the Board
  • Richard D. McBee, President, Chief Executive Officer, Director
  • Steven E. Spooner, Chief Financial Officer
  • Thomas Gerald Lokar, Chief Human Resource Officer
  • Todd Abbott, Executive Vice President - Global Sales
  • Robert D. Agnes, Executive Vice President and President - Enterprise Division
  • Graham Bevington, Executive Vice President - Business Development
  • Jon D. Brinton, Senior Vice President, Strategy and Integration — Products and Solutions Group of Mitel
  • Rajib Das, Senior Vice President - Global Service Delivery
  • Jamshid Rezaei, Chief Information Officer

Who owns Mitel Networks Corporation stock?

Mitel Networks Corporation's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include ELLIOTT ASSOCIATES, L.P. (6.00%). Company insiders that own Mitel Networks Corporation stock include Associates LP Elliott, 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 Corporation.

How do I buy Mitel Networks Corporation stock?

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

What is Mitel Networks Corporation's stock price today?

One share of Mitel Networks Corporation stock can currently be purchased for approximately $8.77.


MarketBeat Community Rating for Mitel Networks Corporation (NASDAQ MITL)
Community Ranking:  3.0 out of 5 (star star star)
Outperform Votes:  190 (Vote Outperform)
Underperform Votes:  125 (Vote Underperform)
Total Votes:  315
MarketBeat's community ratings are surveys of what our community members think about Mitel Networks Corporation 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.

Analyst Ratings

Consensus Ratings for Mitel Networks Corporation (NASDAQ:MITL) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Hold Rating, 1 Buy Rating
Consensus Rating:Buy (Score: 2.50)
Consensus Price Target: $9.25 (5.47% upside)
Consensus Price Target History for Mitel Networks Corporation (NASDAQ:MITL)
Price Target History for Mitel Networks Corporation (NASDAQ:MITL)
Analysts' Ratings History for Mitel Networks Corporation (NASDAQ:MITL)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
7/28/2017Royal Bank Of CanadaBoost Price TargetSector Perform$7.50 -> $8.50MediumView Rating Details
7/28/2017National Bank FinancialUpgradeSector Perform -> Outperform$7.50 -> $10.00MediumView 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 10/22/2015 forward)

Earnings

Earnings History for Mitel Networks Corporation (NASDAQ:MITL)
Earnings by Quarter for Mitel Networks Corporation (NASDAQ:MITL)
Earnings History by Quarter for Mitel Networks Corporation (NASDAQ MITL)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/2/2017N/AView Earnings Details
7/27/20176/30/2017($0.01)$0.13$244.55 million$238.60 millionViewN/AView Earnings Details
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 Corporation (NASDAQ:MITL)
Current Year EPS Consensus Estimate: $0.63 EPS
Next Year EPS Consensus Estimate: $1.01 EPS

Dividends

Dividend History for Mitel Networks Corporation (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 Corporation (NASDAQ:MITL)
Insider Ownership Percentage: 16.50%
Institutional Ownership Percentage: 79.18%
Insider Trades by Quarter for Mitel Networks Corporation (NASDAQ:MITL)
Institutional Ownership by Quarter for Mitel Networks Corporation (NASDAQ:MITL)
Insider Trades by Quarter for Mitel Networks Corporation (NASDAQ:MITL)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
9/27/2017Associates L.P. ElliottMajor ShareholderSell350,475$8.25$2,891,418.75View SEC Filing  
9/15/2017Associates L.P. ElliottMajor ShareholderSell150,800$8.25$1,244,100.00View SEC Filing  
9/14/2017Gregory James HiscockInsiderSell3,125$8.14$25,437.50View SEC Filing  
9/12/2017Associates L.P. ElliottMajor ShareholderSell25,000$8.15$203,750.00View SEC Filing  
9/6/2017Peter CharbonneauDirectorSell32,668$8.02$261,997.36View SEC Filing  
9/1/2017Associates L.P. ElliottMajor ShareholderSell50,000$8.26$413,000.00View SEC Filing  
9/1/2017John P MchughDirectorSell8,136$8.21$66,796.56View SEC Filing  
8/28/2017Associates L.P. ElliottMajor ShareholderSell1,000$8.25$8,250.00View SEC Filing  
8/25/2017Associates L.P. ElliottMajor ShareholderSell154,184$8.29$1,278,185.36View SEC Filing  
8/23/2017International L.P. ElliottMajor ShareholderSell192,277$8.30$1,595,899.10View SEC Filing  
8/22/2017Thomas Gerald LokarInsiderSell6,000$8.20$49,200.00View SEC Filing  
8/21/2017Mahawa Vanessa TourayInsiderSell10,933$8.09$88,447.97View SEC Filing  
8/10/2017Terence H MatthewsChairmanSell1,762$8.24$14,518.88View SEC Filing  
8/9/2017Terence H MatthewsChairmanSell450,000$8.32$3,744,000.00View SEC Filing  
8/8/2017John Anthony BellomoInsiderSell595$8.51$5,063.45View SEC Filing  
8/8/2017Terence H MatthewsChairmanSell350,000$8.35$2,922,500.00View SEC Filing  
8/7/2017Thomas Gerald LokarInsiderSell18,736$8.64$161,879.04View SEC Filing  
7/31/2017Richard D McbeeInsiderSell130,000$8.35$1,085,500.00View SEC Filing  
7/28/2017Richard D McbeeInsiderSell50,000$8.14$407,000.00View SEC Filing  
7/24/2017Richard D McbeeInsiderSell80,000$7.26$580,800.00View SEC Filing  
7/17/2017Richard D McbeeInsiderSell55,000$7.07$388,850.00View SEC Filing  
6/9/2017David M WilliamsDirectorBuy10,000$7.51$75,100.00View SEC Filing  
6/8/2017Gregory James HiscockInsiderSell3,750$7.34$27,525.00View SEC Filing  
5/24/2017Terence H MatthewsChairmanSell971,900$7.08$6,881,052.00View SEC Filing  
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

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Mitel Networks Corporation (MITL) Chart for Sunday, October, 22, 2017

This page was last updated on 10/22/2017 by MarketBeat.com Staff

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