NASDAQ:MIME - Mimecast Stock Price, Forecast & News

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

Mimecast Ltd (NASDAQ:MIME) announced its quarterly earnings data on Thursday, November, 7th. The technology company reported $0.13 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.02 by $0.11. The technology company had revenue of $103.36 million for the quarter, compared to analysts' expectations of $101.63 million. Mimecast had a negative return on equity of 0.82% and a negative net margin of 1.67%. The company's revenue for the quarter was up 25.8% compared to the same quarter last year. During the same period last year, the firm earned $0.06 earnings per share. View Mimecast's Earnings History.

Mimecast is scheduled to release their next quarterly earnings announcement on Monday, February 10th 2020. View Earnings Estimates for Mimecast.

Mimecast updated its FY 2020 After-Hours earnings guidance on Monday, November, 25th. The company provided EPS guidance of for the period. The company issued revenue guidance of $$420.8-425.3 million, compared to the consensus revenue estimate of $$419.31 million.

16 analysts have issued 1-year price objectives for Mimecast's shares. Their forecasts range from $46.00 to $65.00. On average, they anticipate Mimecast's share price to reach $55.50 in the next twelve months. This suggests a possible upside of 28.1% from the stock's current price. View Analyst Price Targets for Mimecast.

16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Mimecast in the last year. There are currently 2 hold ratings and 14 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Mimecast.

News headlines about MIME stock have trended somewhat positive this week, according to InfoTrie Sentiment Analysis. InfoTrie identifies positive and negative news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Mimecast earned a coverage optimism score of 1.9 on InfoTrie's scale. They also assigned news coverage about the technology company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the near future. View News Stories for Mimecast.

Mimecast saw a increase in short interest in November. As of November 15th, there was short interest totalling 1,150,000 shares, an increase of 18.0% from the October 31st total of 974,500 shares. Based on an average daily trading volume, of 593,700 shares, the days-to-cover ratio is currently 1.9 days. Currently, 2.1% of the shares of the company are short sold. View Mimecast's Current Options Chain.

Some companies that are related to Mimecast include Temenos (TMNSF), Datadog (DDOG), Coupa Software (COUP), Black Knight (BKI), Guidewire Software (GWRE), Ceridian HCM (CDAY), PTC (PTC), Momo (MOMO), Trend Micro (TMICY), Dropbox (DBX), Mongodb (MDB), UBISOFT ENTMT S/ADR (UBSFY), Alteryx (AYX), Anaplan (PLAN) and Dynatrace (DT).

Based on aggregate information from My MarketBeat watchlists, some companies that other Mimecast investors own include Intersect ENT (XENT), SEASPAN CORP/SH SH (SSW), Trade Desk (TTD), NVIDIA (NVDA), Mongodb (MDB), Square (SQ), Okta (OKTA), Paypal (PYPL), Twilio (TWLO) and Netflix (NFLX).

(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 acted as the underwriters for the IPO and Oppenheimer & Co. was co-manager.

Mimecast's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include First Trust Advisors LP (1.29%), Millennium Management LLC (0.93%), Granahan Investment Management Inc. MA (0.74%), Peregrine Capital Management LLC (0.69%), Stephens Investment Management Group LLC (0.53%) and Kornitzer Capital Management Inc. KS (0.42%). Company insiders that own Mimecast stock include Christopher Fitzgerald, Edward Vincent Jennings, Hagi Schwartz, Janet Bishop-Levesque, John J Walsh, Jr, Neil Murray, Peter Andrew James Campbell, Peter Bauer and Robert P Nault. View Institutional Ownership Trends for Mimecast.

MIME stock was sold by a variety of institutional investors in the last quarter, including Granahan Investment Management Inc. MA, First Trust Advisors LP, Kornitzer Capital Management Inc. KS, Stephens Investment Management Group LLC, Barclays PLC, Essex Investment Management Co. LLC, Oppenheimer & Co. Inc. and State Street Corp. Company insiders that have sold Mimecast company stock in the last year include Christopher Fitzgerald, Edward Vincent Jennings, Hagi Schwartz, Janet Bishop-Levesque, John J Walsh, Jr, Neil Murray, Peter Andrew James Campbell, Peter Bauer and Robert P Nault. View Insider Buying and Selling for Mimecast.

MIME stock was acquired by a variety of institutional investors in the last quarter, including Millennium Management LLC, Selz Capital LLC, Maverick Capital Ltd., GW&K Investment Management LLC, Russell Investments Group Ltd., Chartwell Investment Partners LLC, Peregrine Capital Management LLC and State of New Jersey Common Pension Fund D. View Insider Buying and Selling for Mimecast.

Shares of MIME can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of MIME stock can currently be purchased for approximately $43.33.

Mimecast has a market capitalization of $2.69 billion and generates $340.38 million in revenue each year. The technology company earns $-7,000,000.00 in net income (profit) each year or ($0.07) on an earnings per share basis. Mimecast employs 1,500 workers across the globe.View Additional Information About Mimecast.

The official website for Mimecast is http://www.mimecast.com/.

Mimecast's mailing address is ONE FINSBURY AVENUE, LONDON X0, EC2M 2PF. The technology company can be reached via phone at 781-996-5340 or via email at [email protected]