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: www.shoretel.com
Capitalization:
  • Market Cap: $396 million
  • Outstanding Shares: 68,275,000
Average Prices:
  • 50 Day Moving Avg: $5.90
  • 200 Day Moving Avg: $6.35
  • 52 Week Range: $5.55 - $8.56
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: -44.62
  • P/E Growth: 6.39
Sales & Book Value:
  • Annual Revenue: $356.63 million
  • Price / Sales: 1.11
  • Book Value: $2.92 per share
  • Price / Book: 1.99
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: 383,848 shs.
  • Beta: 1.3
  • Short Ratio: 2.98
 
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) announced its quarterly earnings data on Wednesday, April, 26th. The company reported ($0.02) EPS for the quarter, topping the Zacks' consensus estimate of ($0.08) by $0.06. The firm earned $87.70 million during 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%. The company's revenue was up 2.9% on a year-over-year basis. During the same period last year, the company 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.

Where is ShoreTel's stock going? Where will ShoreTel's stock price be in 2017?

3 brokerages have issued 12-month target prices for ShoreTel's stock. Their predictions range from $10.00 to $10.00. On average, they anticipate ShoreTel's share price to reach $10.00 in the next year. View Analyst Ratings for ShoreTel.

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 many different of institutional and retail investors. Top institutional investors include RGM CAPITAL, LLC (6.13%), Bank of Montreal Can (0.21%) and Fox Run Management L.L.C. (0.05%). 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 Bank of Montreal Can. 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 bought by a variety of institutional investors in the last quarter, including Fox Run Management L.L.C.. 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 $5.80.


MarketBeat Community Rating for ShoreTel (NASDAQ SHOR)
Community Ranking:  3.1 out of 5 (  )
Outperform Votes:  153 (Vote Outperform)
Underperform Votes:  91 (Vote Underperform)
Total Votes:  244
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, 2 Buy Ratings
Consensus Rating:Buy (Score: 2.67)
Consensus Price Target: $10.00 (72.41% upside)

Analysts' Ratings History for ShoreTel (NASDAQ:SHOR)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
7/4/2017Northland SecuritiesReiterated RatingBuy$10.00LowView Rating Details
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 7/23/2015 forward)

Earnings

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
8/2/2017        
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)

Estimates

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)

Dividends

Dividend History for ShoreTel (NASDAQ:SHOR)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading and Institutional Ownership History for ShoreTel (NASDAQ:SHOR)
Insider Ownership Percentage: 4.00%
Institutional Ownership Percentage: 87.18%
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)

Headlines

Headline Trends for ShoreTel (NASDAQ:SHOR)
Latest Headlines for ShoreTel (NASDAQ:SHOR)
Source:
DateHeadline
americanbankingnews.com logoHead-To-Head Contrast: magicJack VocalTec (CALL) & ShoreTel (SHOR)
www.americanbankingnews.com - July 20 at 8:22 PM
americanbankingnews.com logoShoreTel, Inc. (NASDAQ:SHOR) Cut to Hold at Zacks Investment Research
www.americanbankingnews.com - July 20 at 8:07 AM
americanbankingnews.com logoHead to Head Analysis: ShoreTel (NASDAQ:SHOR) & magicJack VocalTec (CALL)
www.americanbankingnews.com - July 19 at 9:35 AM
americanbankingnews.com logoShoreTel, Inc. (NASDAQ:SHOR) Upgraded at Zacks Investment Research
www.americanbankingnews.com - July 18 at 9:21 AM
finance.yahoo.com logoMitel Networks Corp. – Value Analysis (NASDAQ:MITL) : July 12, 2017
finance.yahoo.com - July 12 at 4:52 PM
americanbankingnews.com logoCritical Analysis: magicJack VocalTec (CALL) versus ShoreTel (SHOR)
www.americanbankingnews.com - July 12 at 12:06 AM
americanbankingnews.com logoShoreTel, Inc. (NASDAQ:SHOR) Expected to Post Quarterly Sales of $90.69 Million
www.americanbankingnews.com - July 8 at 9:30 AM
americanbankingnews.com logoZacks: Brokerages Expect ShoreTel, Inc. (NASDAQ:SHOR) to Announce -$0.03 Earnings Per Share
www.americanbankingnews.com - July 6 at 2:32 PM
americanbankingnews.com logoShoreTel's (SHOR) "Buy" Rating Reiterated at Northland Securities
www.americanbankingnews.com - July 4 at 8:49 AM
americanbankingnews.com logoShoreTel, Inc. (NASDAQ:SHOR) Receives Average Recommendation of "Hold" from Brokerages
www.americanbankingnews.com - July 4 at 8:16 AM
finance.yahoo.com logoShoreTel Connect Improves Communications Reliability for Orion Township
finance.yahoo.com - June 30 at 6:38 AM
americanbankingnews.com logoContrasting ShoreTel (SHOR) and magicJack VocalTec (CALL)
www.americanbankingnews.com - June 28 at 2:42 PM
prnewswire.com logoToday's Research Report Coverage on Communication Equipment Stocks -- ShoreTel, Sonus Networks, ViaSat, and Barracuda Networks
www.prnewswire.com - June 28 at 8:09 AM
americanbankingnews.com logoShoreTel, Inc. (SHOR) Downgraded by Zacks Investment Research to "Hold"
www.americanbankingnews.com - June 28 at 7:38 AM
finance.yahoo.com logoShoreTel Introduces Global Numbers Service in Four Countries
finance.yahoo.com - June 27 at 7:54 PM
americanbankingnews.com logoAnalyzing ShoreTel (SHOR) and magicJack VocalTec (CALL)
www.americanbankingnews.com - June 26 at 4:14 PM
finance.yahoo.com logoShoreTel to Offer SMS APIs Through Google Cloud Platform
finance.yahoo.com - June 22 at 1:31 PM
prnewswire.com logoDigium Signs Distribution Agreement with Nuvola Distribution
www.prnewswire.com - June 21 at 5:20 AM
finance.yahoo.com logoETFs with exposure to ShoreTel, Inc. : June 15, 2017
finance.yahoo.com - June 15 at 4:46 PM
americanbankingnews.com logo Brokerages Anticipate ShoreTel, Inc. (SHOR) Will Post Quarterly Sales of $90.69 Million
www.americanbankingnews.com - June 14 at 11:48 AM
reuters.com logoBRIEF-Shoretel announces transition of chairperson of board
www.reuters.com - June 13 at 9:56 AM
seekingalpha.com logoShoreTel names Robison new board chairperson
seekingalpha.com - June 12 at 8:22 PM
finance.yahoo.com logoTESSCO Technologies Incorporated (TESS) Jumps: Stock Up 7%
finance.yahoo.com - June 12 at 7:15 PM
finance.yahoo.com logoShoreTel Announces Transition of Chairperson of Board
finance.yahoo.com - June 12 at 7:15 PM
americanbankingnews.com logoShoreTel, Inc. (SHOR) Expected to Post Earnings of -$0.03 Per Share
www.americanbankingnews.com - June 12 at 2:32 PM
americanbankingnews.com logoShoreTel Inc (SHOR) Sees Large Decline in Short Interest
www.americanbankingnews.com - June 11 at 9:50 AM
finance.yahoo.com logoShoreTel eyes APAC opportunity with Connect Cloud launch in Australia
finance.yahoo.com - June 8 at 12:43 AM
finance.yahoo.com logoShoreTel, 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
americanbankingnews.com logoShoreTel Inc (SHOR) Downgraded to "Sell" at ValuEngine
www.americanbankingnews.com - June 3 at 10:56 AM
finance.yahoo.com logoShoreTel and Its Leadership Recognized for Six Industry Awards
finance.yahoo.com - May 30 at 9:12 AM
finance.yahoo.com logoETFs with exposure to ShoreTel, Inc. : May 25, 2017
finance.yahoo.com - May 26 at 6:59 AM
americanbankingnews.com logo Brokerages Anticipate ShoreTel Inc (SHOR) Will Post Quarterly Sales of $90.69 Million
www.americanbankingnews.com - May 21 at 8:32 PM
americanbankingnews.com logoShoreTel Inc (SHOR) Expected to Post Earnings of -$0.03 Per Share
www.americanbankingnews.com - May 16 at 10:48 AM
seekingalpha.com logoCincinnati Bell's Q1 Good Enough To Stay Long
seekingalpha.com - May 13 at 12:28 AM
finance.yahoo.com logoShoreTel, 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
finance.yahoo.com logoETFs with exposure to ShoreTel, Inc. : May 12, 2017
finance.yahoo.com - May 13 at 12:28 AM
finance.yahoo.com logoShoreTel, Inc. :SHOR-US: Earnings Analysis: Q3, 2017 By the Numbers : May 11, 2017
finance.yahoo.com - May 11 at 8:24 PM
finance.yahoo.com logoARRIS International (ARRS) Beats Earnings & Revenues in Q1
finance.yahoo.com - May 4 at 9:11 AM
americanbankingnews.com logoSomewhat Positive Press Coverage Very Likely to Impact ShoreTel (SHOR) Share Price
www.americanbankingnews.com - May 3 at 9:32 PM
americanbankingnews.com logoShoreTel Inc (SHOR) Upgraded at Zacks Investment Research
www.americanbankingnews.com - May 3 at 11:28 AM
finance.yahoo.com logoShoreTel, Inc. – Value Analysis (NASDAQ:SHOR) : May 1, 2017
finance.yahoo.com - May 1 at 7:02 PM
americanbankingnews.com logoShoreTel Inc (SHOR) Expected to Earn Q4 2018 Earnings of $0.01 Per Share
www.americanbankingnews.com - May 1 at 2:00 PM
americanbankingnews.com logoShoreTel (SHOR) Receives Media Sentiment Rating of 0.50
www.americanbankingnews.com - April 30 at 12:47 PM
americanbankingnews.com logoShoreTel Inc (SHOR) Releases Quarterly Earnings Results, Beats Estimates By $0.06 EPS
www.americanbankingnews.com - April 29 at 1:26 AM
americanbankingnews.com logoShoreTel Inc (SHOR) Announces Quarterly Earnings Results, Beats Expectations By $0.06 EPS
www.americanbankingnews.com - April 29 at 1:25 AM
finance.yahoo.com logoShoreTel, 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
reuters.com logoBRIEF-Shoretel reports Q3 GAAP loss per share $0.04
www.reuters.com - April 28 at 1:14 AM
finance.yahoo.com logoEdited Transcript of SHOR earnings conference call or presentation 26-Apr-17 9:00pm GMT
finance.yahoo.com - April 27 at 8:14 PM
americanbankingnews.com logo Analysts Expect ShoreTel Inc (SHOR) Will Announce Quarterly Sales of $89.88 Million
www.americanbankingnews.com - April 27 at 12:26 PM
americanbankingnews.com logoShoreTel Inc (SHOR) Releases Quarterly Earnings Results
www.americanbankingnews.com - April 26 at 11:16 PM

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Chart

ShoreTel (SHOR) Chart for Sunday, July, 23, 2017

This page was last updated on 7/23/2017 by MarketBeat.com Staff