$-0.03 EPS Expected for ShoreTel Inc (SHOR)

October 13, 2017 - By Clifton Ray

 $ 0.03 EPS Expected for ShoreTel Inc (SHOR)
Investors sentiment increased to 1.15 in 2017 Q2. 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.
Northern Tru Corporation has invested 0% in ShoreTel Inc (NASDAQ:SHOR). Falcon Point Limited Liability Co invested in 0.01% or 11,345 shares. Moreover, Citadel Limited Liability Corporation has 0% invested in ShoreTel Inc (NASDAQ:SHOR) for 183,660 shares. Lapides Asset Mngmt Ltd Com owns 488,300 shares or 0.55% of their US portfolio. Bnp Paribas Arbitrage holds 8,248 shares or 0% of its portfolio. Moreover, Goldman Sachs Group has 0% invested in ShoreTel Inc (NASDAQ:SHOR) for 48,475 shares. Moreover, Strs Ohio has 0% invested in ShoreTel Inc (NASDAQ:SHOR) for 94,600 shares. State Board Of Administration Of Florida Retirement System stated it has 0% in ShoreTel Inc (NASDAQ:SHOR). Swiss State Bank invested 0% of its portfolio in ShoreTel Inc (NASDAQ:SHOR). Walleye Trading Limited Liability Com holds 0% of its portfolio in ShoreTel Inc (NASDAQ:SHOR) for 3,200 shares. Balyasny Asset Limited Liability Co, Illinois-based fund reported 15,900 shares. Renaissance Technology Limited holds 0.03% or 3.69M shares in its portfolio. Menta Capital Ltd reported 0.42% of its portfolio in ShoreTel Inc (NASDAQ:SHOR). Numeric Ltd Limited Liability Company holds 0% in ShoreTel Inc (NASDAQ:SHOR) or 85,100 shares. Panagora Asset Mgmt owns 16,130 shares.

Since April 30, 2017, it had 0 buys, and 1 sale for $8,193 activity. 1,250 shares valued at $8,193 were sold by Corrales Eugenia on Sunday, April 30.

Wall Street await ShoreTel Inc (NASDAQ:SHOR) to release earnings on October, 26. Analysts forecast EPS of $-0.03, up exactly $0.01 or 25.00 % from 2014’s $-0.04 EPS. After posting $0.05 EPS for the previous quarter, ShoreTel Inc’s analysts now forecast -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. As per Friday, November 13, the company rating was maintained by Lake Street. Northland Capital maintained ShoreTel Inc (NASDAQ:SHOR) on Monday, September 11 with “Hold” rating. As per Thursday, July 27, the company rating was downgraded by William Blair. The rating was maintained by Northland Capital with “Buy” on Monday, July 3. The firm earned “Hold” rating on Friday, July 28 by Northland Capital. Canaccord Genuity initiated it with “Buy” rating and $10 target in Wednesday, August 12 report. The firm has “Hold” rating by Lake Street given on Monday, July 31. As per Saturday, August 29, the company rating was upgraded by TheStreet. The stock of ShoreTel Inc (NASDAQ:SHOR) earned “Buy” rating by Canaccord Genuity on Monday, August 10.

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: Nasdaq.com which released: “ShoreTel Inc (SHOR) Files 10-K for the Fiscal Year Ended on June 30, 2017” on September 09, 2017, also Prnewswire.com with their article: “ShoreTel (SHOR) Alert: J&W Investigates Proposed Sale of ShoreTel, Inc.; Is $7 …” published on July 27, 2017, Streetinsider.com published: “SHORETEL, INC.” on September 27, 2017. More interesting news about ShoreTel Inc (NASDAQ:SHOR) were released by: Bizjournals.com and their article: “Done deal: Mitel completes $530-million acquisition” published on September 25, 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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