MITL stock: buy or sell?

MITL stock price: $11.15 0.09% At close on November 30th, 2018

Updated on:
November 30th, 2018

4

Mitel Networks shares remained steady 0.09% to $11.15 . Counting November 30th, 2018, it's been 5 green sessions in a row, soaring $0.19 or 1.73%.

Mitel Networks Corporation provides business communications and collaboration software, services, and solutions in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific regions.

Should I buy MITL stock?

Even if you are a experienced or a novel trader, best trading results come from using an investing strategy that never leaves to random or subjective opinions when is the best moment to buy or sell stocks. Having a trading plan helps to make decisions easier, quicker and with less hesitations. At Stocks2.com, we use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.

Currently, Mitel Networks stock doesn't match any of these trading strategies, so our recommendation is not to buy.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This doesn't mean MITL will slide in coming sessions, or it will not rise higher. Simply, it doesn't match our recommended trading systems.

Is Mitel Networks stock a buy?

Everyday, hundreds of stock ratings are posted by financial analysts to indicate a particular stock's attractiveness. Unfortunately, we couldn't detect any rating for MITL stock for the last 30 days.

MITL stock analysis

Daily outlook

Mitel Networks remained steady a tight 0.09% and closed at $11.15.

Shares of Mitel Networks remained stable a tight 0.09% and closed at $11.15. Since price and SMA100d lines crossed up , MITL climbed $0.19 (1.73%). , SMA50d and SMA100d crossed up triggering a rise of 1.18%.

MITL stock chart (daily)

Weekly outlook

Mitel Networks shares appreciated 1.73% late November 2018, ending at $11.15.

Early March MITL price bounced up over the SMA of 40 weeks that acted as support stopping new slides. Since SMA10d and SMA20w crossed up early October, MITL price climbed $0.13 per share (1.18%).

MITL stock chart (weekly)

MITL stock price history

MITL stock went public on June 18th, 2012 with a price of $4.071. Since then, MITL stock grew a 174.00%, with an average of 24.90% per year. If you had invested right after MITL's IPO a $1,000 in MITL stock in 2012, it would worth $1,740.00 today.

1: Adjusted price after possible price splits or reverse-splits.

MITL stock historical price chart

MITL stock reached 52-week highs at $11.31, and all-time highs 2014-05-12 with a price of 11.94.

MITL stock price target

How much a stock will be priced tomorrow or next week is quite unpredictable However, banks and other financial institutions analysts, with the help of lots of data and algorithms do their best to predict the stock prices movement. We do not recommend to follow these stock price predictions without a critical thinking from your side, as their accuracy is usually low. For the last month we have not detected any price prediction for Mitel Networks stock by any trusted analyst.

Financials and fundamental analysis

Earnings date and Earnings per Share

, Mitel Networks presented its financial report, close to analysts' consensus and published a $-0.05 Earnings per Share. As soon as we get its posted EPS from the earnings report, we will update this report.
MITL earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2016-Q4-n/a0.4n/a
2017-Q1-n/a-0.01n/a
2017-Q2-n/a0.05n/a
2017-Q32017-11-020.190.16-15.8%
2017-Q42018-02-22-0.09-0.01n/a
2018-Q12018-05-02-0.15-0.17n/a
2018-Q22018-08-01n/a0.12n/a
2018-Q32018-10-24-0.05-0.05n/a
2018-Q4-n/an/an/a
2019-Q1-n/an/an/a

Annual financial results

Compared to 2016, last anual sales report draw an excellent increase of 7.24% to $1,059.10 M dollars. However, its income margin (compared to sales) climbed to -4.69%, that is $-49.70 million.

Mitel Networks presents anual results in December, and to evaluate its evolution since then, we estimate annual sales and income figures by adding results from the last 4 quarters. This is called TTM (or Twelve Trailing Months). So, Mitel Networks TTM sales up to September 2018 were $1,304.00 and earnings $-14.00 million dollars. If we compare this TTM figures with the last reported annuality, we can review Mitel Networks business evolution since December 2017: Annual turnover up to September, compared to lastest yearly report, skyrocketed a dazzling 23.12%. Regarding profit margin, Mitel Networks grew 3.62% to -4.69%

MITL annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2013$536 M-$-8.25 M-1.5%-
2014$1,104 M105.99%$-7.30 M-0.7%-11.52%
2015$1,158 M4.86%$-20.70 M-1.8%183.56%
2016$988 M-14.69%$-217.30 M-22.0%949.76%
2017$1,059 M7.24%$-49.70 M-4.7%-77.13%
TTM $1,304 M23.12%$-14.00 M-1.1%-71.83%

Quarterly financial results

Mitel Networks posted $309.60 million in revenues for 2018-Q3, a -4.65% less compared to previous quarter. Reported quarter earnings marked $-6.70 M with a profit margin of -2.16%. Profit margin slipped a -6.91% compared to previous quarter when profit margin was 4.74%. When comparing sales to same quarter last year, Mitel Networks sales marked an extraordinary growth and rocketed a 28.20%.
MITL quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2016-Q4$260 M-$13.90 M5.4%-
2017-Q1$223 M-14.13%$-19.70 M-8.8%-241.73%
2017-Q2$239 M6.95%$-0.10 M-0.0%-99.49%
2017-Q3$242 M1.22%$-26.80 M-11.1%26,700.00%
2017-Q4$356 M47.37%$-1.70 M-0.5%-93.66%
2018-Q1$314 M-11.83%$-21.00 M-6.7%1,135.29%
2018-Q2$325 M3.47%$15.40 M4.7%-173.33%
2018-Q3$310 M-4.65%$-6.70 M-2.2%-143.51%

Mitel Networks ownership

When you are planning to buy a company, it's always worth to check its ownership structure.

Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For Mitel Networks, of all outstanding shares are owned by its staff.

For a better understanding, the following table shows ownership data compared to other related stocks:

MITL
Market cap$0.0 M
Total shares0.0 M
Float shares0.0 M
  - Institutional holdings (%)0.0%
  - Insider holdings (%)0.0%
Shares in short selling0.0%

MITL summary

Friday, November 30th, 2018
Open$11.14
Close$11.15
Day range$11.14 - $11.16
Previous close$11.14
Session gain0.09%
Average true range$0.04
50d mov avg$11.01
100d mov avg$11.00
200d mov avg$10.59
Daily pattern
Weekly pattern

Mitel Networks performance

To measure stock performance is always good to compare with competitors or related stocks. We compared Mitel Networks against in the following table:
Stock3m6m12m
MITLMitel Networks1.36%1.00%42.95%

Mitel Networks competitors

Unfortunately, we could not find any public company that could be defined as Mitel Networks competitor. This doesn't mean Mitel Networks does not have any competitor in the market, it's just we could not detected it.