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: $511.63 million
  • Outstanding Shares: 68,517,000
Average Prices:
  • 50 Day Moving Avg: $7.48
  • 200 Day Moving Avg: $6.45
  • 52 Week Range: $5.55 - $8.41
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: Infinity
  • P/E Growth: 3.32
Sales & Book Value:
  • Annual Revenue: $357.76 million
  • Price / Sales: 1.44
  • Book Value: $2.94 per share
  • Price / Book: 2.55
Profitability:
  • EBIDTA: $8.98 million
  • Net Margins: -3.48%
  • Return on Equity: -0.67%
  • Return on Assets: -0.40%
Debt:
  • Current Ratio: 1.54%
  • Quick Ratio: 1.44%
Misc:
  • Average Volume: 1.36 million shs.
  • Beta: 1.39
  • Short Ratio: 0.32
 

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 (EPS) for the quarter, topping the Zacks' consensus estimate of $0.02 by $0.04. The company earned $95.72 million during the quarter, compared to analyst estimates of $90.69 million. ShoreTel had a negative return on equity of 0.67% and a negative net margin of 3.48%. 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, October, 25th 2017. View Earnings Estimates for ShoreTel.

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

5 equities research analysts have issued 1-year price objectives for ShoreTel's stock. Their predictions range from $7.50 to $7.50. On average, they expect 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?

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 variety of of retail and institutional investors. Top institutional investors include Capital Research Global Investors (7.74%), Renaissance Technologies LLC (5.39%), Vanguard Group Inc. (5.20%), Dimensional Fund Advisors LP (4.83%), Thompson Siegel & Walmsley LLC (2.50%) and K2 Principal Fund L.P. (2.40%). Company insiders that own ShoreTel stock include Bharath Oruganti, Eugenia Corrales 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 Russell Investments Group Ltd., Thompson Siegel & Walmsley LLC, Arrowstreet Capital Limited Partnership, Franklin Resources Inc., Bank of Montreal Can, Ulysses Management LLC, New York State Common Retirement Fund and K2 Principal Fund L.P.. View Insider Buying and Selling for ShoreTel.

Who bought ShoreTel stock? Who is buying ShoreTel stock?

ShoreTel's stock was acquired by a variety of institutional investors in the last quarter, including Capital Research Global Investors, Royal Bank of Canada, Lapides Asset Management LLC, Dimensional Fund Advisors LP, Sarbit Advisory Services Inc., Menta Capital LLC, Paradigm Capital Management Inc. NY and Ameriprise Financial Inc.. 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 $7.50.


MarketBeat Community Rating for ShoreTel (NASDAQ SHOR)
Community Ranking:  3.0 out of 5 (star star star)
Outperform Votes:  176 (Vote Outperform)
Underperform Votes:  121 (Vote Underperform)
Total Votes:  297
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: 5 Hold Ratings
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $7.50 (0.00% downside)

Analysts' Ratings History for ShoreTel (NASDAQ:SHOR)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
7/31/2017Lake Street CapitalDowngradeBuy -> Hold$7.50LowView Rating Details
7/28/2017SidotiDowngradeBuy -> NeutralLowView Rating Details
7/28/2017Northland SecuritiesDowngradeOutperform -> Market Perform$10.00 -> $7.50LowView Rating Details
7/27/2017William BlairDowngradeOutperform -> Market PerformLowView Rating Details
1/27/2017Craig HallumDowngradeBuy -> HoldN/AView Rating Details
11/20/2015SunTrust Banks, Inc.Boost Price TargetBuy$12.00 -> $13.00N/AView Rating Details
10/23/2015Canaccord GenuityReiterated RatingBuy$10.00N/AView Rating Details
(Data available from 9/20/2015 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
10/25/2017N/AView Earnings Details
8/2/2017Q4 2017$0.02$0.06$90.69 million$95.72 millionViewN/AView Earnings Details
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: 87.35%
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
finance.yahoo.com logoMitel Announces Extension of the Tender Offer to Acquire ShoreTel until September 22, 2017
finance.yahoo.com - September 18 at 7:49 PM
americanbankingnews.com logoShoreTel, Inc. (SHOR) Given Consensus Recommendation of "Hold" by Analysts
www.americanbankingnews.com - September 17 at 6:38 AM
finance.yahoo.com logoShoreTel, Inc. :SHOR-US: Earnings Analysis: Q4, 2017 By the Numbers : September 14, 2017
finance.yahoo.com - September 15 at 8:51 AM
finance.yahoo.com logoETFs with exposure to ShoreTel, Inc. : September 14, 2017
finance.yahoo.com - September 15 at 8:51 AM
finance.yahoo.com logoShoreTel, Inc. :SHOR-US: Earnings Analysis: 2017 By the Numbers : September 12, 2017
finance.yahoo.com - September 13 at 9:02 AM
bizjournals.com logoSaaS industry HR leader Joan Burke joins DocuSign as Chief People Officer
www.bizjournals.com - September 8 at 8:21 AM
finance.yahoo.com logoAccent Computer Solutions Joins ShoreTel Champion Partner Program
finance.yahoo.com - September 7 at 8:58 AM
americanbankingnews.com logo$86.05 Million in Sales Expected for ShoreTel, Inc. (SHOR) This Quarter
www.americanbankingnews.com - September 7 at 6:52 AM
americanbankingnews.com logoZacks: Brokerages Anticipate ShoreTel, Inc. (SHOR) to Announce $0.02 Earnings Per Share
www.americanbankingnews.com - September 5 at 10:26 AM
americanbankingnews.com logo Brokerages Expect ShoreTel, Inc. (SHOR) Will Announce Earnings of -$0.05 Per Share
www.americanbankingnews.com - August 17 at 10:24 PM
prnewswire.com logoToday's Research Report Coverage on Communication Equipment Stocks -- ShoreTel, Sonus Networks, Barracuda Networks, and Aerohive Networks
www.prnewswire.com - August 16 at 7:29 AM
americanbankingnews.com logoShort Interest in ShoreTel, Inc. (NASDAQ:SHOR) Drops By 26.5%
www.americanbankingnews.com - August 14 at 2:14 AM
finance.yahoo.com logoShoreTel, Inc. – Value Analysis (NASDAQ:SHOR) : August 12, 2017
finance.yahoo.com - August 12 at 7:46 AM
finance.yahoo.com logoShoreTel reports 4Q loss
finance.yahoo.com - August 2 at 9:30 PM
finance.yahoo.com logoSHORETEL, INC. SHAREHOLDER ALERT: Former SEC Attorney Willie Briscoe Investigates Sale to Mitel Networks Corporation
finance.yahoo.com - August 2 at 4:26 PM
finance.yahoo.com logoShoreTel Reports Financial Results for Fourth Quarter and Fiscal Year 2017
finance.yahoo.com - August 2 at 4:25 PM
finance.yahoo.com logoWeissLaw LLP: ShoreTel, Inc. Acquisition May Not Be in the Best Interests of SHOR Shareholders
finance.yahoo.com - August 2 at 3:26 PM
finance.yahoo.com logoSHAREHOLDER ALERT: Brodsky & Smith, LLC Announces an Investigation of ShoreTel - SHOR
finance.yahoo.com - August 1 at 1:34 AM
finance.yahoo.com logoSHAREHOLDER ALERT: Monteverde & Associates PC Announces An Investigation Of ShoreTel, Inc. - SHOR
finance.yahoo.com - July 31 at 4:28 PM
feeds.benzinga.com logoIPC Applauds the Planned Merger of Mitel and ShoreTel
feeds.benzinga.com - July 31 at 11:04 AM
americanbankingnews.com logoShoreTel, Inc. (NASDAQ:SHOR) Downgraded to Hold at Lake Street Capital
www.americanbankingnews.com - July 31 at 9:09 AM
americanbankingnews.com logo Brokerages Expect ShoreTel, Inc. (NASDAQ:SHOR) to Post -$0.03 Earnings Per Share
www.americanbankingnews.com - July 30 at 6:25 PM
americanbankingnews.com logoShoreTel, Inc. (NASDAQ:SHOR) Given Average Recommendation of "Hold" by Brokerages
www.americanbankingnews.com - July 29 at 7:50 AM
prnewswire.com logoShoreTel (SHOR) Alert: J&W Investigates Proposed Sale of ShoreTel, Inc.; Is $7.50 a Fair Price?
www.prnewswire.com - July 29 at 7:12 AM
finance.yahoo.com logoSHAREHOLDER NOTICE: Brodsky & Smith, LLC Announces an Investigation of ShoreTel Acquisition - SHOR
finance.yahoo.com - July 29 at 7:12 AM
americanbankingnews.com logoSidoti Downgrades ShoreTel, Inc. (SHOR) to Neutral
www.americanbankingnews.com - July 28 at 5:20 PM
feeds.benzinga.com logoWall Street's M&A Chatter From July 27: Nordstrom, Mitel-ShoreTel, ICON-Mapi Group, BMC Software-CA
feeds.benzinga.com - July 28 at 8:32 AM
theglobeandmail.com logoInvestors cheer as Mitel returns to familiar consolidating ways
www.theglobeandmail.com - July 28 at 7:56 AM
finance.yahoo.com logoSHORETEL, INC. SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation of Buyout
finance.yahoo.com - July 28 at 7:55 AM
finance.yahoo.com logoHarwood Feffer LLP Announces Investigation of Proposed Buyout of ShoreTel, Inc.
finance.yahoo.com - July 28 at 7:55 AM
finance.yahoo.com logoSHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Investors of an Investigation Concerning Whether the Sale of ShoreTel, Inc. to Mitel Networks Corporation Is Fair to Shareholders
finance.yahoo.com - July 28 at 7:55 AM
finance.yahoo.com logoSHAREHOLDER ALERT: Brodsky & Smith, LLC Announces an Investigation of ShoreTel, Inc. - SHOR
finance.yahoo.com - July 28 at 7:55 AM
americanbankingnews.com logoShoreTel, Inc. (SHOR) Downgraded to Market Perform at William Blair
www.americanbankingnews.com - July 27 at 4:38 PM
finance.yahoo.com logoMitel to Acquire ShoreTel
finance.yahoo.com - July 27 at 12:55 PM
finance.yahoo.com logoWhy ShoreTel Shares Soared Today
finance.yahoo.com - July 27 at 12:55 PM
finance.yahoo.com logoMitel announces definitive agreement to acquire ShoreTel
finance.yahoo.com - July 27 at 7:24 AM
americanbankingnews.com logoShoreTel (SHOR) vs. magicJack VocalTec (CALL) Head to Head Review
www.americanbankingnews.com - July 25 at 8:55 AM
americanbankingnews.com logoCritical Comparison: ShoreTel (SHOR) versus magicJack VocalTec (CALL)
www.americanbankingnews.com - July 23 at 6:21 PM
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

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Chart

ShoreTel (SHOR) Chart for Wednesday, September, 20, 2017

This page was last updated on 9/20/2017 by MarketBeat.com Staff