ShoreTel Company Profile (NASDAQ:SHOR)

About ShoreTel (NASDAQ:SHOR)

ShoreTel logoShoreTel, 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:
  • 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
  • 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
  • EBIDTA: $10.14 million
  • Net Margins: -3.43%
  • Return on Equity: -1.15%
  • Return on Assets: -0.69%
  • Current Ratio: 1.51%
  • Quick Ratio: 1.38%
  • 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?

ShoreTel is scheduled to release their next quarterly earnings announcement on Wednesday, August, 2nd 2017. View Earnings Estimates for ShoreTel.

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?

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)
Community Ranking:  3.2 out of 5 (  )
Outperform Votes:  145 (Vote Outperform)
Underperform Votes:  84 (Vote Underperform)
Total Votes:  229
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.

Analyst Ratings

Consensus Ratings for ShoreTel (NASDAQ:SHOR) (How are Consensus Ratings Calculated?)
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)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
1/27/2017Craig HallumDowngradeBuy -> HoldN/AView Rating Details
10/31/2016William BlairReiterated RatingBuyN/AView Rating Details
11/20/2015SunTrust Banks, Inc.Boost Price TargetBuy$12.00 -> $13.00N/AView Rating Details
11/13/2015Lake Street CapitalBoost Price TargetBuy$10.00 -> $12.00N/AView Rating Details
10/23/2015Canaccord GenuityReiterated RatingBuy$10.00N/AView Rating Details
(Data available from 6/27/2015 forward)


Earnings History for ShoreTel (NASDAQ:SHOR)
Earnings by Quarter for ShoreTel (NASDAQ:SHOR)
Earnings History by Quarter for ShoreTel (NASDAQ SHOR)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
4/26/2017Q3 2017($0.08)($0.02)$84.03 million$87.70 millionViewN/AView Earnings Details
1/26/2017Q217($0.02)$0.03$86.23 million$88.00 millionViewN/AView Earnings Details
10/27/2016Q117($0.05)$0.01$89.04 million$86.30 millionViewListenView Earnings Details
8/4/2016Q416($0.01)$0.05$90.57 million$94.60 millionViewN/AView Earnings Details
4/28/2016Q316($0.04)($0.06)$88.55 million$85.20 millionViewN/AView Earnings Details
1/28/2016Q216$0.05$0.10$90.17 million$90.40 millionViewListenView Earnings Details
10/22/2015Q116$0.04$0.09$88.87 million$90.20 millionViewListenView Earnings Details
8/5/2015Q415$0.04$0.12$87.41 million$94.39 millionViewN/AView Earnings Details
4/23/2015Q315$0.03$0.04$87.42 million$85.00 millionViewN/AView Earnings Details
1/28/2015Q215$0.04$0.08$88.20 million$90.90 millionViewN/AView Earnings Details
10/23/2014Q115$0.04$0.07$86.40 million$90.40 millionViewListenView Earnings Details
8/7/2014Q414$0.05$0.08$85.39 million$88.60 millionViewN/AView Earnings Details
4/24/2014Q314$0.02$0.04$82.66 million$82.40 millionViewN/AView Earnings Details
1/22/2014Q214$0.03$0.05$83.15 million$84.50 millionViewN/AView Earnings Details
10/30/2013Q114$0.07$80.73 million$84.29 millionViewN/AView Earnings Details
8/8/2013Q4 2013$0.02$0.06$83.00 million$85.60 millionViewN/AView Earnings Details
4/30/2013Q3 2013($0.05)($0.01)$75.47 million$78.30 millionViewN/AView Earnings Details
1/30/2013Q2 2013($0.03)($0.04)$77.81 million$74.60 millionViewListenView Earnings Details
10/30/2012($0.05)($0.04)ViewN/AView Earnings Details
4/30/2012($0.04)($0.03)ViewN/AView Earnings Details
2/1/2012($0.01)$0.03ViewN/AView Earnings Details
10/27/2011($0.02)($0.02)ViewN/AView Earnings Details
8/9/2011$0.02$0.03ViewN/AView Earnings Details
4/26/2011($0.02)$0.01ViewN/AView Earnings Details
1/26/2011($0.01)($0.02)ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for ShoreTel (NASDAQ:SHOR)
2017 EPS Consensus Estimate: $0.10
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20171$0.03$0.03$0.03
Q2 20171$0.07$0.07$0.07
Q4 20181$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

Insider Trades

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)
Institutional Ownership by Quarter for ShoreTel (NASDAQ:SHOR)
Insider Trades by Quarter for ShoreTel (NASDAQ:SHOR)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
5/1/2017Eugenia CorralesVPSell1,250$6.55$8,187.50View SEC Filing  
11/7/2016Eugenia CorralesVPSell7,040$6.49$45,689.60View SEC Filing  
8/5/2016Bharath OrugantiSVPSell13,125$8.50$111,562.50View SEC Filing  
2/3/2016Mark BregmanDirectorSell5,000$7.74$38,700.00View SEC Filing  
8/31/2015Kenneth D DenmanDirectorSell6,367$7.40$47,115.80View SEC Filing  
8/26/2015Kenneth D DenmanDirectorSell3,553$7.25$25,759.25View SEC Filing  
6/1/2015Charles KissnerDirectorSell3,168$6.85$21,700.80View SEC Filing  
5/26/2015Constance Ellen SkidmoreDirectorBuy10,000$6.75$67,500.00View SEC Filing  
2/23/2015Bharath OrugantiVPSell3,500$7.50$26,250.00View SEC Filing  
12/1/2014Charles KissnerDirectorSell10,252$7.41$75,967.32View SEC Filing  
11/24/2014Kenneth D DenmanDirectorSell10,000$7.67$76,700.00View SEC Filing  
6/2/2014Charles KissnerDirectorSell4,752$6.92$32,883.84View SEC Filing  
5/23/2014Kenneth D DenmanDirectorSell5,600$6.87$38,472.00View SEC Filing  
5/22/2014Mark BregmanDirectorSell7,500$6.79$50,925.00View SEC Filing  
5/13/2014Kenneth DenmanDirectorSell9,655$6.86$66,233.30View SEC Filing  
5/1/2014Kenneth DenmanDirectorSell4,328$7.59$32,849.52View SEC Filing  
2/12/2014Gary James DaichendtDirectorSell42,500$8.14$345,950.00View SEC Filing  
2/11/2014Gary James DaichendtDirectorSell154,197$8.03$1,238,201.91View SEC Filing  
2/3/2014Mark BregmanDirectorSell12,500$7.51$93,875.00View SEC Filing  
1/30/2014Gary James DaichendtDirectorSell3,303$8.00$26,424.00View SEC Filing  
11/22/2013Kenneth DenmanDirectorSell9,784$8.15$79,739.60View SEC Filing  
11/7/2013Edward ThompsonDirectorSell5,500$7.37$40,535.00View SEC Filing  
11/6/2013Edward ThompsonDirectorSell44,500$7.76$345,320.00View SEC Filing  
8/20/2013Keith NealonInsiderSell98,256$4.46$438,221.76View SEC Filing  
(Data available from 1/1/2013 forward)


Headline Trends for ShoreTel (NASDAQ:SHOR)
Latest Headlines for ShoreTel (NASDAQ:SHOR)
DateHeadline logoShoreTel Introduces Global Numbers Service in Four Countries - June 27 at 7:54 PM logoAnalyzing ShoreTel (SHOR) and magicJack VocalTec (CALL) - June 26 at 4:14 PM logoShoreTel to Offer SMS APIs Through Google Cloud Platform - June 22 at 1:31 PM logoDigium Signs Distribution Agreement with Nuvola Distribution - June 21 at 5:20 AM logoETFs with exposure to ShoreTel, Inc. : June 15, 2017 - June 15 at 4:46 PM logo Brokerages Anticipate ShoreTel, Inc. (SHOR) Will Post Quarterly Sales of $90.69 Million - June 14 at 11:48 AM logoBRIEF-Shoretel announces transition of chairperson of board - June 13 at 9:56 AM logoShoreTel names Robison new board chairperson - June 12 at 8:22 PM logoTESSCO Technologies Incorporated (TESS) Jumps: Stock Up 7% - June 12 at 7:15 PM logoShoreTel Announces Transition of Chairperson of Board - June 12 at 7:15 PM logoShoreTel, Inc. (SHOR) Expected to Post Earnings of -$0.03 Per Share - June 12 at 2:32 PM logoShoreTel Inc (SHOR) Sees Large Decline in Short Interest - June 11 at 9:50 AM logoShoreTel eyes APAC opportunity with Connect Cloud launch in Australia - June 8 at 12:43 AM logoShoreTel, Inc. breached its 50 day moving average in a Bullish Manner : SHOR-US : June 5, 2017 - June 5 at 9:00 AM logoShoreTel Inc (SHOR) Downgraded to "Sell" at ValuEngine - June 3 at 10:56 AM logoShoreTel and Its Leadership Recognized for Six Industry Awards - May 30 at 9:12 AM logoETFs with exposure to ShoreTel, Inc. : May 25, 2017 - May 26 at 6:59 AM logo Brokerages Anticipate ShoreTel Inc (SHOR) Will Post Quarterly Sales of $90.69 Million - May 21 at 8:32 PM logoShoreTel Inc (SHOR) Expected to Post Earnings of -$0.03 Per Share - May 16 at 10:48 AM logoCincinnati Bell's Q1 Good Enough To Stay Long - May 13 at 12:28 AM logoShoreTel, Inc. breached its 50 day moving average in a Bearish Manner : SHOR-US : May 12, 2017 - May 13 at 12:28 AM logoETFs with exposure to ShoreTel, Inc. : May 12, 2017 - May 13 at 12:28 AM logoShoreTel, Inc. :SHOR-US: Earnings Analysis: Q3, 2017 By the Numbers : May 11, 2017 - May 11 at 8:24 PM logoARRIS International (ARRS) Beats Earnings & Revenues in Q1 - May 4 at 9:11 AM logoSomewhat Positive Press Coverage Very Likely to Impact ShoreTel (SHOR) Share Price - May 3 at 9:32 PM logoShoreTel Inc (SHOR) Upgraded at Zacks Investment Research - May 3 at 11:28 AM logoShoreTel, Inc. – Value Analysis (NASDAQ:SHOR) : May 1, 2017 - May 1 at 7:02 PM logoShoreTel Inc (SHOR) Expected to Earn Q4 2018 Earnings of $0.01 Per Share - May 1 at 2:00 PM logoShoreTel (SHOR) Receives Media Sentiment Rating of 0.50 - April 30 at 12:47 PM logoShoreTel Inc (SHOR) Releases Quarterly Earnings Results, Beats Estimates By $0.06 EPS - April 29 at 1:26 AM logoShoreTel Inc (SHOR) Announces Quarterly Earnings Results, Beats Expectations By $0.06 EPS - April 29 at 1:25 AM logoShoreTel, Inc. breached its 50 day moving average in a Bullish Manner : SHOR-US : April 28, 2017 - April 28 at 9:09 PM logoBRIEF-Shoretel reports Q3 GAAP loss per share $0.04 - April 28 at 1:14 AM logoEdited Transcript of SHOR earnings conference call or presentation 26-Apr-17 9:00pm GMT - April 27 at 8:14 PM logo Analysts Expect ShoreTel Inc (SHOR) Will Announce Quarterly Sales of $89.88 Million - April 27 at 12:26 PM logoShoreTel Inc (SHOR) Releases Quarterly Earnings Results - April 26 at 11:16 PM logoShoreTel Inc (SHOR) Posts Quarterly Earnings Results, Beats Estimates By $0.04 EPS - April 26 at 10:44 PM logoShoreTel reports 3Q loss - April 26 at 9:20 PM logoShoreTel up 11.6% after Q3 beat - April 26 at 9:10 PM logo Analysts Anticipate ShoreTel Inc (SHOR) Will Announce Earnings of -$0.08 Per Share - April 25 at 11:56 AM logoPositive Media Coverage Extremely Likely to Impact ShoreTel (SHOR) Stock Price - April 24 at 3:56 PM logoShoreTel (SHOR) Earns Daily News Impact Score of 0.34 - April 21 at 10:34 PM logoShoreTel (SHOR) Getting Somewhat Favorable Press Coverage, AlphaOne Reports - April 17 at 7:25 PM logoShoreTel Announces Third Quarter Fiscal Year 2017 Earnings Release and Conference Call Details - April 17 at 6:48 PM logoShoreTel Recognized for Product Innovation and Channel Program Excellence - April 13 at 10:11 AM logoShoreTel, Inc. breached its 50 day moving average in a Bearish Manner : SHOR-US : April 10, 2017 - April 10 at 9:13 AM logoShoreTel Inc (SHOR) Rating Lowered to Hold at Zacks Investment Research - March 30 at 11:55 AM logoShoreTel Teamwork Enables the Mobile Workstyle for Remote Teams - PR Newswire (press release) - March 29 at 8:21 AM logoShoreTel Teamwork Enables the Mobile Workstyle for Remote Teams - March 27 at 9:12 AM logoShoreTel Launches Partner Program for Summit Platform - March 24 at 1:31 AM



ShoreTel (SHOR) Chart for Tuesday, June, 27, 2017

This page was last updated on 6/27/2017 by Staff