About ShoreTel (NASDAQ:SHOR)
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: Technology
- Industry: VOIP Equipment & Systems
- Sub-Industry: Communications Equipment
- Symbol: NASDAQ:SHOR
- CUSIP: 82521110
- Web: www.shoretel.com
Capitalization:- Market Cap: $514.92 million
- Outstanding Shares: 68,656,000
Average Prices:- 50 Day Moving Avg: $7.48
- 200 Day Moving Avg: $6.49
- 52 Week Range: $5.55 - $8.41
P/E:- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: 107.14
- P/E Growth: 0.00
Sales & Book Value:- Annual Revenue: $357.76 million
- Price / Sales: 1.44
- Book Value: $2.94 per share
- Price / Book: 2.55
Profitability:- EBITDA: $8.98 million
- Net Margins: -1.00%
- Return on Equity: -1.91%
- Return on Assets: -1.15%
Debt:- Current Ratio: 1.54%
- Quick Ratio: 1.44%
Misc:- Average Volume: 1.40 million shs.
- Beta: 1.39
- Short Ratio: 0.37
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, August, 2nd. The company reported $0.06 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.02 by $0.04. The firm earned $95.72 million during the quarter, compared to analyst estimates of $90.69 million. ShoreTel had a negative net margin of 1.00% and a negative return on equity of 1.91%. View ShoreTel's Earnings History.
When will ShoreTel make its next earnings announcement?
Where is ShoreTel's stock going? Where will ShoreTel's stock price be in 2017?
5 analysts have issued 12-month target prices for ShoreTel's shares. Their predictions range from $7.50 to $7.50. On average, they anticipate ShoreTel's stock price to reach $7.50 in the next year. View Analyst Ratings for ShoreTel.
Who are some of ShoreTel's key competitors?
Some companies that are related to ShoreTel include Veeco Instruments (VECO), Ensign Energy Services (ESI), Softcat PLC (SCT), IQE plc (IQE), Sierra Wireless (SW), Fidessa Group plc (FDSA), Secureworks Corp (SCWX), First Derivatives plc (FDP), Computer Modelling Group (CMG), Keywords Studios PLC (KWS), PC Connection (CNXN), ANGI Homeservices (ANGI), IMPINJ (PI), Datatec (DTC), Smart Global Holdings (SGH), NCC Group PLC (NCC), Carbonite (CARB) and Premiere Global Services (PGI).
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
GARDNER LEWIS ASSET MANAGEMENT L P
(5.80%). Company insiders that own ShoreTel stock include Bharath Oruganti, Eugenia Corrales and Mark Bregman. View Institutional Ownership Trends for ShoreTel.
What is ShoreTel's stock price today?
One share of ShoreTel stock can currently be purchased for approximately $7.50.
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: | 5 Hold Ratings |
| Consensus Rating: | Hold (Score: 2.00) |
| Consensus Price Target: | $7.50 (0.00% downside) |
Consensus Price Target History for ShoreTel (NASDAQ:SHOR)
Analysts' Ratings History for ShoreTel (NASDAQ:SHOR)
Show:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 7/31/2017 | Lake Street Capital | Downgrade | Buy -> Hold | $7.50 | Low |  |
| 7/28/2017 | Sidoti | Downgrade | Buy -> Neutral | | Low | |
| 7/28/2017 | Northland Securities | Downgrade | Outperform -> Market Perform | $10.00 -> $7.50 | Low | |
| 7/27/2017 | William Blair | Downgrade | Outperform -> Market Perform | | Low | |
| 1/27/2017 | Craig Hallum | Downgrade | Buy -> Hold | | N/A | |
| 11/20/2015 | SunTrust Banks, Inc. | Boost Price Target | Buy | $12.00 -> $13.00 | N/A | |
| 10/23/2015 | Canaccord Genuity | Reiterated Rating | Buy | $10.00 | N/A | |
(Data available from 10/23/2015 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 |
|---|
| 10/25/2017 | | | | | | | N/A | |
| 8/2/2017 | Q4 2017 | $0.02 | $0.06 | $90.69 million | $95.72 million | View | N/A | |
| 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: 87.35%
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)
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ShoreTel (SHOR) Chart for Monday, October, 23, 2017
