ShoreTel, Inc. is a provider of business communication solutions. The Company is engaged in the design, development, marketing and sale of business communication solutions. The Company is focused on the small and medium sized businesses seeking a unified communications (UC) solution allowing them to communicate anytime, anyplace and through any device they chose. The Company provides this to the market through two solutions: ShoreTel Connect, its UC solution, and Contact Center offering and ShoreTel Summit, its platform for developers and integrators. ShoreTel Connect delivers a featured UC solution and applications, such as mobility, collaboration and workgroups. ShoreTel Connect offers three different delivery models, including cloud, onsite and hybrid. Connect Cloud provides a hosted voice solution to its customers. Connect OnSite provides its customers the ability to own and operate their equipment. Connect Hybrid enables its customers to use both its cloud and onsite offerings.
Industry, Sector and Symbol:
- Sector: Computer and Technology
- Industry: VOIP Equipment & Systems
- Sub-Industry: Communications Equipment
- Symbol: NASDAQ:SHOR
- CUSIP: 82521110
- Web: www.shoretel.com
Capitalization:- Market Cap: $402.82 million
- Outstanding Shares: 68,275,000
Average Prices:- 50 Day Moving Avg: $6.12
- 200 Day Moving Avg: $6.56
- 52 Week Range: $5.55 - $8.56
P/E:- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: 84.29
- P/E Growth: 6.67
Sales & Book Value:- Annual Revenue: $356.63 million
- Price / Sales: 1.13
- Book Value: $2.92 per share
- Price / Book: 2.02
Profitability:- EBIDTA: $10.14 million
- Net Margins: -3.43%
- Return on Equity: -1.15%
- Return on Assets: -0.69%
Debt:- Current Ratio: 1.51%
- Quick Ratio: 1.38%
Misc:- Average Volume: 480,319 shs.
- Beta: 1.3
- Short Ratio: 4.46
Frequently Asked Questions for ShoreTel (NASDAQ:SHOR)
What is ShoreTel's stock symbol?
ShoreTel trades on the NASDAQ under the ticker symbol "SHOR."
How were ShoreTel's earnings last quarter?
ShoreTel, Inc. (NASDAQ:SHOR) issued its earnings results on Wednesday, April, 26th. The company reported ($0.02) earnings per share for the quarter, topping analysts' consensus estimates of ($0.08) by $0.06. The company had revenue of $87.70 million for the quarter, compared to analyst estimates of $84.03 million. ShoreTel had a negative return on equity of 1.15% and a negative net margin of 3.43%. ShoreTel's revenue for the quarter was up 2.9% on a year-over-year basis. During the same period in the prior year, the firm earned ($0.06) earnings per share. View ShoreTel's Earnings History.
When will ShoreTel make its next earnings announcement?
Are investors shorting ShoreTel?
ShoreTel saw a drop in short interest in the month of May. As of May 31st, there was short interest totalling 1,431,792 shares, a drop of 3.7% from the May 15th total of 1,487,495 shares. Based on an average daily volume of 307,789 shares, the short-interest ratio is presently 4.7 days.
Who are some of ShoreTel's key competitors?
Some companies that are related to ShoreTel include Windstream Holdings (WIN), ORBCOMM (ORBC), Workiva (WK), Radware (RDWR), Tuniu Corporation (TOUR), CommerceHub (CHUBA), SecureWorks Corp. (SCWX), Vocera Communications (VCRA), Monotype Imaging Holdings (TYPE), Rudolph Technologies (RTEC), Angie's List (ANGI), Cray (CRAY), Rapid7 (RPD), Synchronoss Technologies (SNCR), CTS Corporation (CTS), Everbridge (EVBG), Forrester Research (FORR) and Apptio (APTI).
Who are ShoreTel's key executives?
ShoreTel's management team includes the folowing people:
- Charles D. Kissner, Independent Chairman of the Board
- Donald Joos, President, Chief Executive Officer, Director
- Michael E. Healy, Chief Financial Officer, Senior Vice President
- David Petts, Senior Vice President - Worldwide Sales
- Eugenia Corrales, Senior Vice President - Product
- Bharath Oruganti, Senior Vice President - Services and Operations
- Allen Seto, Vice President, General Counsel
- Marjorie Bowen, Director
- Mark F. Bregman, Independent Director
- Kenneth D. Denman, Independent Director
Who owns ShoreTel stock?
ShoreTel's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Park West Asset Management LLC (8.08%),
RGM CAPITAL, LLC
(6.13%), RGM Capital LLC (6.13%), Renaissance Technologies LLC (5.09%), Vanguard Group Inc. (4.91%) and Dimensional Fund Advisors LP (4.25%). Company insiders that own ShoreTel stock include Bharath Oruganti, Eugenia Corrales, Kenneth D Denman and Mark Bregman. View Institutional Ownership Trends for ShoreTel.
Who sold ShoreTel stock? Who is selling ShoreTel stock?
ShoreTel's stock was sold by a variety of institutional investors in the last quarter, including Vista Equity Partners Management LLC, Granahan Investment Management Inc. MA, Ionic Capital Management LLC, Kennedy Capital Management Inc., RGM Capital LLC, Russell Investments Group Ltd., Legion Partners Asset Management LLC and Morgan Stanley. Company insiders that have sold ShoreTel stock in the last year include Bharath Oruganti and Eugenia Corrales. View Insider Buying and Selling for ShoreTel.
Who bought ShoreTel stock? Who is buying ShoreTel stock?
ShoreTel's stock was purchased by a variety of institutional investors in the last quarter, including Park West Asset Management LLC, Vanguard Group Inc., FMR LLC, Pacific Grove Capital LP, Clearline Capital LP, Menta Capital LLC, Balter Liquid Alternatives LLC and Dimensional Fund Advisors LP. View Insider Buying and Selling for ShoreTel.
How do I buy ShoreTel stock?
Shares of ShoreTel 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 ShoreTel's stock price today?
One share of ShoreTel stock can currently be purchased for approximately $5.90.
MarketBeat Community Rating for ShoreTel (NASDAQ SHOR)MarketBeat's community ratings are surveys of what our community members think about ShoreTel 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.
Consensus Ratings for ShoreTel (NASDAQ:SHOR) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings 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). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus 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.
| Ratings Breakdown: | 1 Hold Rating, 1 Buy Rating |
| Consensus Rating: | Buy (Score: 2.50) |
| Consensus Price Target: | N/A |
Analysts' Ratings History for ShoreTel (NASDAQ:SHOR)
Show:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 1/27/2017 | Craig Hallum | Downgrade | Buy -> Hold | | N/A |  |
| 10/31/2016 | William Blair | Reiterated Rating | Buy | | N/A | |
| 11/20/2015 | SunTrust Banks, Inc. | Boost Price Target | Buy | $12.00 -> $13.00 | N/A | |
| 11/13/2015 | Lake Street Capital | Boost Price Target | Buy | $10.00 -> $12.00 | N/A | |
| 10/23/2015 | Canaccord Genuity | Reiterated Rating | Buy | $10.00 | N/A | |
(Data available from 6/27/2015 forward)
Earnings History for ShoreTel (NASDAQ:SHOR)Earnings History by Quarter for ShoreTel (NASDAQ SHOR)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 8/2/2017 | | | | | | | | |
| 4/26/2017 | Q3 2017 | ($0.08) | ($0.02) | $84.03 million | $87.70 million | View | N/A | |
| 1/26/2017 | Q217 | ($0.02) | $0.03 | $86.23 million | $88.00 million | View | N/A | |
| 10/27/2016 | Q117 | ($0.05) | $0.01 | $89.04 million | $86.30 million | View | Listen | |
| 8/4/2016 | Q416 | ($0.01) | $0.05 | $90.57 million | $94.60 million | View | N/A | |
| 4/28/2016 | Q316 | ($0.04) | ($0.06) | $88.55 million | $85.20 million | View | N/A | |
| 1/28/2016 | Q216 | $0.05 | $0.10 | $90.17 million | $90.40 million | View | Listen | |
| 10/22/2015 | Q116 | $0.04 | $0.09 | $88.87 million | $90.20 million | View | Listen | |
| 8/5/2015 | Q415 | $0.04 | $0.12 | $87.41 million | $94.39 million | View | N/A | |
| 4/23/2015 | Q315 | $0.03 | $0.04 | $87.42 million | $85.00 million | View | N/A | |
| 1/28/2015 | Q215 | $0.04 | $0.08 | $88.20 million | $90.90 million | View | N/A | |
| 10/23/2014 | Q115 | $0.04 | $0.07 | $86.40 million | $90.40 million | View | Listen | |
| 8/7/2014 | Q414 | $0.05 | $0.08 | $85.39 million | $88.60 million | View | N/A | |
| 4/24/2014 | Q314 | $0.02 | $0.04 | $82.66 million | $82.40 million | View | N/A | |
| 1/22/2014 | Q214 | $0.03 | $0.05 | $83.15 million | $84.50 million | View | N/A | |
| 10/30/2013 | Q114 | | $0.07 | $80.73 million | $84.29 million | View | N/A | |
| 8/8/2013 | Q4 2013 | $0.02 | $0.06 | $83.00 million | $85.60 million | View | N/A | |
| 4/30/2013 | Q3 2013 | ($0.05) | ($0.01) | $75.47 million | $78.30 million | View | N/A | |
| 1/30/2013 | Q2 2013 | ($0.03) | ($0.04) | $77.81 million | $74.60 million | View | Listen | |
| 10/30/2012 | | ($0.05) | ($0.04) | | | View | N/A | |
| 4/30/2012 | | ($0.04) | ($0.03) | | | View | N/A | |
| 2/1/2012 | | ($0.01) | $0.03 | | | View | N/A | |
| 10/27/2011 | | ($0.02) | ($0.02) | | | View | N/A | |
| 8/9/2011 | | $0.02 | $0.03 | | | View | N/A | |
| 4/26/2011 | | ($0.02) | $0.01 | | | View | N/A | |
| 1/26/2011 | | ($0.01) | ($0.02) | | | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for ShoreTel (NASDAQ:SHOR)2017 EPS Consensus Estimate: $0.10
| Quarter | Number of Estimates | Low Estimate | High Estimate | Average Estimate |
|---|
| Q1 2017 | 1 | $0.03 | $0.03 | $0.03 |
| Q2 2017 | 1 | $0.07 | $0.07 | $0.07 |
| Q4 2018 | 1 | $0.01 | $0.01 | $0.01 |
(Data provided by Zacks Investment Research)
Dividend History for ShoreTel (NASDAQ:SHOR)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading and Institutional Ownership History for ShoreTel (NASDAQ:SHOR)Insider Ownership Percentage: 4.00%
Institutional Ownership Percentage: 87.23%
Insider Trades by Quarter for ShoreTel (NASDAQ:SHOR)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 5/1/2017 | Eugenia Corrales | VP | Sell | 1,250 | $6.55 | $8,187.50 | |
| 11/7/2016 | Eugenia Corrales | VP | Sell | 7,040 | $6.49 | $45,689.60 | |
| 8/5/2016 | Bharath Oruganti | SVP | Sell | 13,125 | $8.50 | $111,562.50 | |
| 2/3/2016 | Mark Bregman | Director | Sell | 5,000 | $7.74 | $38,700.00 | |
| 8/31/2015 | Kenneth D Denman | Director | Sell | 6,367 | $7.40 | $47,115.80 | |
| 8/26/2015 | Kenneth D Denman | Director | Sell | 3,553 | $7.25 | $25,759.25 | |
| 6/1/2015 | Charles Kissner | Director | Sell | 3,168 | $6.85 | $21,700.80 | |
| 5/26/2015 | Constance Ellen Skidmore | Director | Buy | 10,000 | $6.75 | $67,500.00 | |
| 2/23/2015 | Bharath Oruganti | VP | Sell | 3,500 | $7.50 | $26,250.00 | |
| 12/1/2014 | Charles Kissner | Director | Sell | 10,252 | $7.41 | $75,967.32 | |
| 11/24/2014 | Kenneth D Denman | Director | Sell | 10,000 | $7.67 | $76,700.00 | |
| 6/2/2014 | Charles Kissner | Director | Sell | 4,752 | $6.92 | $32,883.84 | |
| 5/23/2014 | Kenneth D Denman | Director | Sell | 5,600 | $6.87 | $38,472.00 | |
| 5/22/2014 | Mark Bregman | Director | Sell | 7,500 | $6.79 | $50,925.00 | |
| 5/13/2014 | Kenneth Denman | Director | Sell | 9,655 | $6.86 | $66,233.30 | |
| 5/1/2014 | Kenneth Denman | Director | Sell | 4,328 | $7.59 | $32,849.52 | |
| 2/12/2014 | Gary James Daichendt | Director | Sell | 42,500 | $8.14 | $345,950.00 | |
| 2/11/2014 | Gary James Daichendt | Director | Sell | 154,197 | $8.03 | $1,238,201.91 | |
| 2/3/2014 | Mark Bregman | Director | Sell | 12,500 | $7.51 | $93,875.00 | |
| 1/30/2014 | Gary James Daichendt | Director | Sell | 3,303 | $8.00 | $26,424.00 | |
| 11/22/2013 | Kenneth Denman | Director | Sell | 9,784 | $8.15 | $79,739.60 | |
| 11/7/2013 | Edward Thompson | Director | Sell | 5,500 | $7.37 | $40,535.00 | |
| 11/6/2013 | Edward Thompson | Director | Sell | 44,500 | $7.76 | $345,320.00 | |
| 8/20/2013 | Keith Nealon | Insider | Sell | 98,256 | $4.46 | $438,221.76 | |
(Data available from 1/1/2013 forward)
Headline Trends for ShoreTel (NASDAQ:SHOR)
Latest Headlines for ShoreTel (NASDAQ:SHOR)
| Source: |
|
| Date | Headline |
|---|
 | ShoreTel Introduces Global Numbers Service in Four Countries
finance.yahoo.com - June 27 at 7:54 PM |
 | Analyzing ShoreTel (SHOR) and magicJack VocalTec (CALL)
www.americanbankingnews.com - June 26 at 4:14 PM |
| ShoreTel to Offer SMS APIs Through Google Cloud Platform
finance.yahoo.com - June 22 at 1:31 PM |
 | Digium Signs Distribution Agreement with Nuvola Distribution
www.prnewswire.com - June 21 at 5:20 AM |
| ETFs with exposure to ShoreTel, Inc. : June 15, 2017
finance.yahoo.com - June 15 at 4:46 PM |
| Brokerages Anticipate ShoreTel, Inc. (SHOR) Will Post Quarterly Sales of $90.69 Million
www.americanbankingnews.com - June 14 at 11:48 AM |
 | BRIEF-Shoretel announces transition of chairperson of board
www.reuters.com - June 13 at 9:56 AM |
 | ShoreTel names Robison new board chairperson
seekingalpha.com - June 12 at 8:22 PM |
| TESSCO Technologies Incorporated (TESS) Jumps: Stock Up 7%
finance.yahoo.com - June 12 at 7:15 PM |
| ShoreTel Announces Transition of Chairperson of Board
finance.yahoo.com - June 12 at 7:15 PM |
| ShoreTel, Inc. (SHOR) Expected to Post Earnings of -$0.03 Per Share
www.americanbankingnews.com - June 12 at 2:32 PM |
| ShoreTel Inc (SHOR) Sees Large Decline in Short Interest
www.americanbankingnews.com - June 11 at 9:50 AM |
| ShoreTel eyes APAC opportunity with Connect Cloud launch in Australia
finance.yahoo.com - June 8 at 12:43 AM |
| ShoreTel, Inc. breached its 50 day moving average in a Bullish Manner : SHOR-US : June 5, 2017
finance.yahoo.com - June 5 at 9:00 AM |
| ShoreTel Inc (SHOR) Downgraded to "Sell" at ValuEngine
www.americanbankingnews.com - June 3 at 10:56 AM |
| ShoreTel and Its Leadership Recognized for Six Industry Awards
finance.yahoo.com - May 30 at 9:12 AM |
| ETFs with exposure to ShoreTel, Inc. : May 25, 2017
finance.yahoo.com - May 26 at 6:59 AM |
| Brokerages Anticipate ShoreTel Inc (SHOR) Will Post Quarterly Sales of $90.69 Million
www.americanbankingnews.com - May 21 at 8:32 PM |
| ShoreTel Inc (SHOR) Expected to Post Earnings of -$0.03 Per Share
www.americanbankingnews.com - May 16 at 10:48 AM |
| Cincinnati Bell's Q1 Good Enough To Stay Long
seekingalpha.com - May 13 at 12:28 AM |
| ShoreTel, Inc. breached its 50 day moving average in a Bearish Manner : SHOR-US : May 12, 2017
finance.yahoo.com - May 13 at 12:28 AM |
| ETFs with exposure to ShoreTel, Inc. : May 12, 2017
finance.yahoo.com - May 13 at 12:28 AM |
| ShoreTel, Inc. :SHOR-US: Earnings Analysis: Q3, 2017 By the Numbers : May 11, 2017
finance.yahoo.com - May 11 at 8:24 PM |
| ARRIS International (ARRS) Beats Earnings & Revenues in Q1
finance.yahoo.com - May 4 at 9:11 AM |
| Somewhat Positive Press Coverage Very Likely to Impact ShoreTel (SHOR) Share Price
www.americanbankingnews.com - May 3 at 9:32 PM |
| ShoreTel Inc (SHOR) Upgraded at Zacks Investment Research
www.americanbankingnews.com - May 3 at 11:28 AM |
| ShoreTel, Inc. – Value Analysis (NASDAQ:SHOR) : May 1, 2017
finance.yahoo.com - May 1 at 7:02 PM |
| ShoreTel Inc (SHOR) Expected to Earn Q4 2018 Earnings of $0.01 Per Share
www.americanbankingnews.com - May 1 at 2:00 PM |
| ShoreTel (SHOR) Receives Media Sentiment Rating of 0.50
www.americanbankingnews.com - April 30 at 12:47 PM |
| ShoreTel Inc (SHOR) Releases Quarterly Earnings Results, Beats Estimates By $0.06 EPS
www.americanbankingnews.com - April 29 at 1:26 AM |
| ShoreTel Inc (SHOR) Announces Quarterly Earnings Results, Beats Expectations By $0.06 EPS
www.americanbankingnews.com - April 29 at 1:25 AM |
| ShoreTel, Inc. breached its 50 day moving average in a Bullish Manner : SHOR-US : April 28, 2017
finance.yahoo.com - April 28 at 9:09 PM |
| BRIEF-Shoretel reports Q3 GAAP loss per share $0.04
www.reuters.com - April 28 at 1:14 AM |
| Edited Transcript of SHOR earnings conference call or presentation 26-Apr-17 9:00pm GMT
finance.yahoo.com - April 27 at 8:14 PM |
| Analysts Expect ShoreTel Inc (SHOR) Will Announce Quarterly Sales of $89.88 Million
www.americanbankingnews.com - April 27 at 12:26 PM |
| ShoreTel Inc (SHOR) Releases Quarterly Earnings Results
www.americanbankingnews.com - April 26 at 11:16 PM |
| ShoreTel Inc (SHOR) Posts Quarterly Earnings Results, Beats Estimates By $0.04 EPS
www.americanbankingnews.com - April 26 at 10:44 PM |
 | ShoreTel reports 3Q loss
www.cnbc.com - April 26 at 9:20 PM |
| ShoreTel up 11.6% after Q3 beat
seekingalpha.com - April 26 at 9:10 PM |
| Analysts Anticipate ShoreTel Inc (SHOR) Will Announce Earnings of -$0.08 Per Share
www.americanbankingnews.com - April 25 at 11:56 AM |
| Positive Media Coverage Extremely Likely to Impact ShoreTel (SHOR) Stock Price
www.americanbankingnews.com - April 24 at 3:56 PM |
| ShoreTel (SHOR) Earns Daily News Impact Score of 0.34
www.americanbankingnews.com - April 21 at 10:34 PM |
| ShoreTel (SHOR) Getting Somewhat Favorable Press Coverage, AlphaOne Reports
www.americanbankingnews.com - April 17 at 7:25 PM |
| ShoreTel Announces Third Quarter Fiscal Year 2017 Earnings Release and Conference Call Details
finance.yahoo.com - April 17 at 6:48 PM |
| ShoreTel Recognized for Product Innovation and Channel Program Excellence
finance.yahoo.com - April 13 at 10:11 AM |
| ShoreTel, Inc. breached its 50 day moving average in a Bearish Manner : SHOR-US : April 10, 2017
finance.yahoo.com - April 10 at 9:13 AM |
| ShoreTel Inc (SHOR) Rating Lowered to Hold at Zacks Investment Research
www.americanbankingnews.com - March 30 at 11:55 AM |
| ShoreTel Teamwork Enables the Mobile Workstyle for Remote Teams - PR Newswire (press release)
www.prnewswire.com - March 29 at 8:21 AM |
| ShoreTel Teamwork Enables the Mobile Workstyle for Remote Teams
finance.yahoo.com - March 27 at 9:12 AM |
| ShoreTel Launches Partner Program for Summit Platform
finance.yahoo.com - March 24 at 1:31 AM |
ShoreTel (SHOR) Chart for Tuesday, June, 27, 2017
