Mimecast Ltd Company Profile (NASDAQ:MIME)

About Mimecast Ltd (MIME)

Mimecast Ltd logoMimecast Limited is a provider of cloud security and risk management services for corporate information and e-mail. The Company's suite of cloud services protects customers from the business and data security risks. It also mitigates the business disruption that e-mail failure or downtime causes. In addition, its archiving services secure, store and manage critical corporate communications and information to address the compliance and e-discovery requirements. It has developed its cloud architecture to offer customers e-mail security, continuity and archiving capabilities in a single service. It has developed an operating system (OS) called Mime OS for native cloud services. It protects inbound and outbound e-mail from malware, spam, threats, e-mail denial of service (DoS) and distributed denial of service (DDoS), data leaks and other security threats. It also offers service bundles, and Mimecast mobile and desktop applications.

Industry, Sector and Symbol:
  • Sector: Computer and Technology
  • Industry: N/A
  • Sub-Industry: N/A
  • Exchange: NASDAQ
  • Symbol: MIME
  • CUSIP: N/A
Key Metrics:
  • Previous Close: $21.79
  • 50 Day Moving Average: $20.37
  • 200 Day Moving Average: $19.79
  • 52-Week Range: $7.08 - $24.60
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 544.75
  • P/E Growth: 10.07
  • Market Cap: $1.20B
  • Outstanding Shares: 55,121,000
  • Beta: 1.04
Profitability:
  • Net Margins: -2.80%
  • Return on Equity: -6.07%
  • Return on Assets: -2.66%
Debt:
  • Current Ratio: 1.51%
  • Quick Ratio: 1.51%

Analyst Ratings

Consensus Ratings for Mimecast Ltd (NASDAQ:MIME) (?)
Ratings Breakdown: 1 Hold Rating, 9 Buy Ratings
Consensus Rating:Buy (Score: 2.90)
Consensus Price Target: $25.06 (15.02% upside)

Analysts' Ratings History for Mimecast Ltd (NASDAQ:MIME)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
2/16/2017Barclays PLCReiterated RatingOverweight$26.00 -> $27.00N/AView Rating Details
2/16/2017Jefferies Group LLCReiterated RatingBuy$29.00 -> $30.00N/AView Rating Details
2/14/2017Oppenheimer Holdings Inc.Reiterated RatingOutperform$25.00 -> $27.00N/AView Rating Details
2/10/2017Dougherty & CoBoost Price TargetBuy$27.00 -> $28.00N/AView Rating Details
1/25/2017Brean CapitalInitiated CoverageBuy$27.00N/AView Rating Details
1/17/2017Northland SecuritiesInitiated CoverageOutperform$27.00N/AView Rating Details
1/5/2017StephensInitiated CoverageOverweight$24.00N/AView Rating Details
10/14/2016JPMorgan Chase & Co.Initiated CoverageOverweightN/AView Rating Details
6/23/2016Royal Bank of CanadaReiterated RatingBuyN/AView Rating Details
4/15/2016Goldman Sachs Group IncDowngradeBuy -> Neutral$12.00 -> $10.50N/AView Rating Details
(Data available from 3/29/2015 forward)

Earnings

Earnings History for Mimecast Ltd (NASDAQ:MIME)
Earnings by Quarter for Mimecast Ltd (NASDAQ:MIME)
Earnings History by Quarter for Mimecast Ltd (NASDAQ:MIME)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
2/9/2017        
2/9/2017Q3 2017$0.00($0.06)$45.21 million$48.33 millionViewListenView Earnings Details
11/9/2016Q2 2017($0.02)$0.05$41.81 million$44.40 millionViewListenView Earnings Details
8/8/2016Q1($0.04)$0.04$39.85 million$41.46 millionViewListenView Earnings Details
2/8/2016Q3($0.08)$0.06ViewListenView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Mimecast Ltd (NASDAQ:MIME)
Current Year EPS Consensus Estimate: $0.08 EPS
Next Year EPS Consensus Estimate: $0.04 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20161($0.01)($0.01)($0.01)
Q2 20161($0.02)($0.02)($0.02)
Q3 20161($0.03)($0.03)($0.03)
Q4 20161($0.02)($0.02)($0.02)
Q1 20172($0.07)($0.01)($0.04)
Q2 20171($0.04)($0.04)($0.04)
Q3 20171($0.03)($0.03)($0.03)
Q4 20171($0.02)($0.02)($0.02)
Q1 20181($0.07)($0.07)($0.07)
Q2 20181($0.07)($0.07)($0.07)
Q3 20181($0.05)($0.05)($0.05)
Q4 20181($0.06)($0.06)($0.06)
(Data provided by Zacks Investment Research)

Dividends

Dividend History for Mimecast Ltd (NASDAQ:MIME)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading History for Mimecast Ltd (NASDAQ:MIME)
No insider trades for this company have been tracked by MarketBeat.com

Headlines

Headline Trends for Mimecast Ltd (NASDAQ:MIME)
Latest Headlines for Mimecast Ltd (NASDAQ:MIME)
Source:
DateHeadline
finance.yahoo.com logoJefferies Has 4 Cybersecurity Stocks to Buy as Growth to Continue ... - Yahoo Finance
finance.yahoo.com - March 24 at 6:34 PM
businesswire.com logo2016 Exceeds All Records in Numbers of Phishing Attacks
www.businesswire.com - February 27 at 6:07 PM
finance.yahoo.com logoMimecast Report: Incumbent Email Security Solutions Missing Millions of Email Threats
finance.yahoo.com - February 14 at 8:06 PM
nasdaq.com logoMimecast Combats Rise of Internal Email Threats with Industry-First Purpose-Built Cloud Security Service - Nasdaq
www.nasdaq.com - February 13 at 7:39 PM
finance.yahoo.com logoMimecast Combats Rise of Internal Email Threats with Industry-First Purpose-Built Cloud Security Service
finance.yahoo.com - February 13 at 10:21 AM
streetinsider.com logoMimecast Limited (MIME) PT Raised to $27 at Oppenheimer Following 3Q - StreetInsider.com
www.streetinsider.com - February 11 at 6:39 PM
globenewswire.com logoMimecast Announces Third Quarter 2017 Financial Results - GlobeNewswire (press release)
globenewswire.com - February 10 at 7:24 PM
streetinsider.com logoMimecast Limited (MIME) Reports In-Line Q3 EPS - StreetInsider.com
www.streetinsider.com - February 10 at 7:24 PM
streetinsider.com logoMimecast Limited (MIME) PT Raised to $30 at Jefferies - StreetInsider.com
www.streetinsider.com - February 10 at 7:24 PM
finance.yahoo.com logoEdited Transcript of MIME earnings conference call or presentation 9-Feb-17 9:30pm GMT
finance.yahoo.com - February 10 at 5:37 AM
biz.yahoo.com logoQ3 2017 Mimecast Ltd Earnings Release - After Market Close
us.rd.yahoo.com - February 9 at 7:34 PM
finance.yahoo.com logoMimecast Announces Third Quarter 2017 Financial Results
finance.yahoo.com - February 9 at 7:34 PM
finance.yahoo.com logo4:12 pm Mimecast reports EPS in-line, beats on revs; guides Q4 revs above consensus
finance.yahoo.com - February 9 at 7:34 PM
nasdaq.com logoMimecast Earns Business Continuity Certification for ISO 22301 ... - Nasdaq
www.nasdaq.com - February 8 at 7:23 PM
finance.yahoo.com logoMimecast Earns Business Continuity Certification for ISO 22301:2012
finance.yahoo.com - February 8 at 7:23 PM
nasdaq.com logoMimecast Enhances Cyber Resilience Capabilities to Improve ... - Nasdaq
www.nasdaq.com - February 1 at 12:28 AM
finance.yahoo.com logoMimecast Enhances Cyber Resilience Capabilities to Improve Uptime for Organizations Facing Email Disruptions
finance.yahoo.com - January 31 at 7:27 PM

Social

Frequently Asked Questions for Mimecast Ltd (NASDAQ:MIME)

What is Mimecast Ltd's stock symbol?

Mimecast Ltd trades on the NASDAQ under the ticker symbol "MIME."

How were Mimecast Ltd's earnings last quarter?

Mimecast Ltd (NASDAQ:MIME) issued its earnings results on Thursday, February, 9th. The company reported ($0.06) earnings per share for the quarter, missing the Zacks' consensus estimate of $0.00 by $0.06. The firm earned $48.33 million during the quarter, compared to analyst estimates of $45.21 million. Mimecast Ltd had a negative net margin of 2.80% and a negative return on equity of 6.07%. The company's quarterly revenue was up 30.2% compared to the same quarter last year.

When will Mimecast Ltd make its next earnings announcement?

Mimecast Ltd is scheduled to release their next quarterly earnings announcement on Thursday, February, 9th 2017.

Where is Mimecast Ltd's stock going? Where will Mimecast Ltd's stock price be in 2017?

10 brokerages have issued twelve-month price targets for Mimecast Ltd's shares. Their predictions range from $10.50 to $30.00. On average, they expect Mimecast Ltd's stock price to reach $25.06 in the next twelve months.

What are analysts saying about Mimecast Ltd stock?

Here are some recent quotes from research analysts about Mimecast Ltd stock:

  • 1. According to Zacks Investment Research, "Mimecast Limited offers cloud security and risk management services for corporate information and email primarily in the United States, the United Kingdom and South Africa. The Company offers email management services that protect the organization against spam, viruses, malware, emerging threats, and other challenges. Mimecast Limited is headquartered in London, the United Kingdom. " (2/15/2017)
  • 2. Jefferies Group LLC analysts commented, "Mimecast announced it is purchasing substantially all of the assets of iSheriff, to extend threat detection and intelligence capabilities into its email security platform. This is a small (< $10M) tuck-in deal for technology and engineering talent, with no impact to guidance."" (11/24/2016)

When did Mimecast Ltd IPO?

(MIME) raised $86 million in an IPO on Thursday, November 19th 2015. The company issued 7,800,000 shares at a price of $10.00-$12.00 per share. Goldman Sachs, Barclays, Jefferies and RBC Capital Markets served as the underwriters for the IPO and Oppenheimer & Co. was co-manager.

Who owns Mimecast Ltd stock?

Mimecast Ltd's stock is owned by many different of retail and institutional investors. Top institutional investors include Brown Advisory Inc. (1.22%), Sandler Capital Management (1.18%), Columbia Wanger Asset Management LLC (1.17%), Cortina Asset Management LLC (0.74%), Renaissance Technologies LLC (0.70%) and Federated Investors Inc. PA (0.63%).

Who sold Mimecast Ltd stock? Who is selling Mimecast Ltd stock?

Mimecast Ltd's stock was sold by a variety of institutional investors in the last quarter, including Federated Investors Inc. PA, Columbia Wanger Asset Management LLC, Wall Street Associates and Two Sigma Investments LP.

Who bought Mimecast Ltd stock? Who is buying Mimecast Ltd stock?

Mimecast Ltd's stock was purchased by a variety of institutional investors in the last quarter, including Sandler Capital Management, Renaissance Technologies LLC, Brown Advisory Inc., Archon Capital Management LLC, Cortina Asset Management LLC, Allianz Asset Management AG, GSA Capital Partners LLP and Commonwealth of Pennsylvania Public School Empls Retrmt SYS.

How do I buy Mimecast Ltd stock?

Shares of Mimecast Ltd can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Mimecast Ltd stock cost?

One share of Mimecast Ltd stock can currently be purchased for approximately $21.79.

Mimecast Ltd (MIME) Chart for Wednesday, March, 29, 2017

This page was last updated on 3/29/2017 by MarketBeat.com Staff