Stock on Focus: ShoreTel, Inc. (SHOR)

Company Profile:

ShoreTel, Inc. provides business communication solutions for small and medium sized businesses. The company offers integrated voice, video, data, and mobile applications based on Internet protocol technologies. It offers various solutions, such as ShoreTel Voice Switches; ShoreTel Service Appliances for messaging, conferencing, and collaboration applications; ShoreTel Director, which enables IT administrators to view and manage the entire system from various locations using a single application; ShoreTel IP Phones; and Small Business Edition 100 for smaller businesses. The company serves a range of vertical markets, including professional services, financial services, government, education, health care, sports and entertainment, manufacturing, non-profit organizations, and technology industries through a network of approximately 1,200 resellers and distributors in the United States and internationally. ShoreTel, Inc. was founded in 1996 and is headquartered in Sunnyvale, California.

Recent News:

The company was recently honored with six awards that recognize the company’s senior leadership and commitment to innovation.

The company reported third quarter of fiscal 2017 total revenue was $87.7 million, compared to $85.2 million in the third quarter of fiscal 2016. GAAP net loss was $2.9 million, or $0.04 per share, in the third quarter of fiscal 2017, compared with a GAAP net loss of $8.7 million, or $0.13 per share, in the third quarter of fiscal 2016.

 

Fundamental Analysis:

Ninestocks analyzes several different financial aspects: Growth, Profitability, solvency and efficiency.

Growth – Measures the growth of both the company’s income statement and cash flow.

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Profitability – Measures the historical price movement of the stock.

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Solvency – Measures the solvency of the company based on several ratios.

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Efficiency – Measures the strength and historic growth of a company’s return on invested capital.

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Conclusion:

SHOR’s strengths can be seen in its strong growth, strong solvency and better efficiency compared with its peers. Its revenue has increased over several years. Technical indicators signal the bullish signs, as there is a bullish indication in MACD and RSI(15) stands at 52.95 with positive bias. We rate ShoreTel, Inc. (SHOR) a STRONG BUY.

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