ShoreTel Inc. Stock Upgraded (SHOR)
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- The net income growth from the same quarter one year ago has significantly exceeded that of the S&P 500 and the Communications Equipment industry. The net income increased by 54.4% when compared to the same quarter one year prior, rising from -$5.05 million to -$2.30 million.
- SHOR's revenue growth trails the industry average of 28.1%. Since the same quarter one year prior, revenues slightly increased by 9.1%. This growth in revenue appears to have trickled down to the company's bottom line, improving the earnings per share.
- SHORETEL INC reported significant earnings per share improvement in the most recent quarter compared to the same quarter a year ago. This company has reported somewhat volatile earnings recently. But, we feel it is poised for EPS growth in the coming year. During the past fiscal year, SHORETEL INC reported poor results of -$0.45 versus -$0.41 in the prior year. This year, the market expects an improvement in earnings ($0.07 versus -$0.45).
- The gross profit margin for SHORETEL INC is rather high; currently it is at 59.88%. Regardless of SHOR's high profit margin, it has managed to decrease from the same period last year. Despite the mixed results of the gross profit margin, SHOR's net profit margin of -2.68% significantly underperformed when compared to the industry average.
- The company's current return on equity has slightly decreased from the same quarter one year prior. This implies a minor weakness in the organization. Compared to other companies in the Communications Equipment industry and the overall market, SHORETEL INC's return on equity significantly trails that of both the industry average and the S&P 500.
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