EPS for ShoreTel Inc (SHOR) Expected At $-0.03

October 13, 2017 - By Adrian Mccoy

 EPS for ShoreTel Inc (SHOR) Expected At $ 0.03
Investors sentiment increased to 1.15 in Q2 2017. Its up 0.09, from 1.06 in 2017Q1. It increased, as 14 investors sold ShoreTel Inc shares while 41 reduced holdings. 24 funds opened positions while 39 raised stakes. 56.39 million shares or 5.58% more from 53.41 million shares in 2017Q1 were reported.
Thrivent Fincl For Lutherans stated it has 0% of its portfolio in ShoreTel Inc (NASDAQ:SHOR). Geode Capital Mngmt Limited Liability owns 596,381 shares or 0% of their US portfolio. 14,348 were reported by Ahl Prns Limited Liability Partnership. Meeder Asset Management invested in 0% or 729 shares. Sei Invs holds 0% or 7,831 shares. Dimensional Fund Advsr Lp owns 3.31 million shares for 0.01% of their portfolio. Vanguard Gru Inc reported 3.56 million shares. Airain Ltd reported 12,491 shares. Tiaa Cref Mngmt Ltd Com has invested 0% of its portfolio in ShoreTel Inc (NASDAQ:SHOR). Susquehanna Limited Liability Partnership accumulated 24,551 shares or 0% of the stock. Thompson Siegel Walmsley Lc invested in 0.12% or 1.71 million shares. Fuller & Thaler Asset Mgmt Inc reported 0.03% of its portfolio in ShoreTel Inc (NASDAQ:SHOR). Alliancebernstein L P accumulated 0% or 76,130 shares. Rgm Cap Limited invested in 4.18 million shares or 2.46% of the stock. 1.45M are held by Royal National Bank & Trust Of Canada.

Since April 30, 2017, it had 0 buys, and 1 sale for $8,193 activity. Corrales Eugenia had sold 1,250 shares worth $8,193.

Analysts await ShoreTel Inc (NASDAQ:SHOR) to report earnings on October, 26. They expect $-0.03 EPS, up 25.00 % or $0.01 from last year’s $-0.04 per share. After $0.05 actual EPS reported by ShoreTel Inc for the previous quarter, Wall Street now forecasts -160.00 % negative EPS growth. It closed at $7.5 lastly. It is down 1.14% since October 13, 2016 and is downtrending. It has underperformed by 17.84% the S&P500.

ShoreTel Inc (NASDAQ:SHOR) Ratings Coverage

Among 5 analysts covering Shoretel Inc. (NASDAQ:SHOR), 2 have Buy rating, 0 Sell and 3 Hold. Therefore 40% are positive. Shoretel Inc. had 14 analyst reports since August 6, 2015 according to SRatingsIntel. Northland Capital maintained ShoreTel Inc (NASDAQ:SHOR) on Monday, September 11 with “Hold” rating. The rating was downgraded by Lake Street to “Hold” on Monday, July 31. Canaccord Genuity initiated the shares of SHOR in report on Wednesday, August 12 with “Buy” rating. The stock has “Hold” rating by Northland Capital on Friday, July 28. Lake Street maintained ShoreTel Inc (NASDAQ:SHOR) on Friday, November 13 with “Buy” rating. The stock has “Buy” rating by Canaccord Genuity on Monday, August 10. As per Saturday, August 29, the company rating was upgraded by TheStreet. The rating was downgraded by William Blair on Thursday, July 27 to “Hold”. Northland Capital maintained ShoreTel Inc (NASDAQ:SHOR) rating on Monday, July 3. Northland Capital has “Buy” rating and $1000 target.

ShoreTel, Inc. is a provider of business communication solutions. The company has market cap of $518.65 million. The Firm is engaged in the design, development, marketing and sale of business communication solutions. It currently has negative earnings. The Firm is focused on the small and medium sized businesses seeking a unified communications solution allowing them to communicate anytime, anyplace and through any device they chose.

More notable recent ShoreTel Inc (NASDAQ:SHOR) news were published by: Prnewswire.com which released: “ShoreTel (SHOR) Alert: J&W Investigates Proposed Sale of ShoreTel, Inc.; Is $7 …” on July 27, 2017, also Streetinsider.com with their article: “SHORETEL, INC.” published on September 27, 2017, Bizjournals.com published: “Done deal: Mitel completes $530-million acquisition” on September 25, 2017. More interesting news about ShoreTel Inc (NASDAQ:SHOR) were released by: Nasdaq.com and their article: “ShoreTel Inc (SHOR) Files 10-K for the Fiscal Year Ended on June 30, 2017” published on September 09, 2017 as well as Globenewswire.com‘s news article titled: “Mitel Announces Extension of the Tender Offer to Acquire ShoreTel until …” with publication date: September 18, 2017.

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