NASDAQ:MIME Mimecast Stock Forecast, Price & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Mimecast Ltd Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $46.00 -0.99 (-2.11 %) (As of 09/18/2020 12:00 AM ET) Add Compare Share Today's Range$45.69Now: $46.00▼$47.5250-Day Range$43.51MA: $46.48▼$50.0252-Week Range$25.14Now: $46.00▼$54.40Volume3.76 million shsAverage Volume883,758 shsMarket Capitalization$2.91 billionP/E Ratio575.00Dividend YieldN/ABeta1.22 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Mimecast Limited, a email and data security company, provides cloud security and risk management services for corporate information and email. The company offers Mimecast Email Security services, including targeted threat protection services, such as URL Protect that addresses the threat from emails containing malicious links; Attachment Protect that reduces threat from weaponized or malware-laden attachments used in spear-phishing and other attacks; Impersonation Protect that gives protection from malware-less social engineering attacks; and Internal Email Protect, which allows customers to monitor, detect, and remediate security threats that originate from within their internal email systems. Its Mimecast Email Security services also comprise Secure Messaging for sharing sensitive information with external contacts through email; Large File Send that enables employees to create security and compliance risks when they turn to file sharing services; and Data Leak Prevention, which prevents the inadvertent or malicious loss of sensitive corporate data with advanced data leak prevention and content controls. In addition, the company offers Mimecast Mailbox Continuity, which protects email and data against the threat of downtime as a result of system failure, natural disasters, planned maintenance, system upgrades, and migrations; and Mimecast Enterprise Information Archiving that offers cloud archive consolidation of inbound, outbound and internal email, files, and instant messaging in an archive, as well as incorporates legacy data from additional archives into the same searchable store. Further, it provides Service Bundles, a unified service managed from a single administration console; and Mimecast Mobile and Desktop Apps for mobile, PC, and Mac users to get self-service access to security features. The company sells its services through direct sales and channel partners. Mimecast Limited was founded in 2003 and is headquartered in London, the United Kingdom.Read More Beat the Market (BTM) Rank™ 3.4 Analyst's Opinion Consensus RatingMimecast has received a consensus rating of Buy. The company's average rating score is 2.78, and is based on 15 buy ratings, 2 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $54.78, Mimecast has a forecasted upside of 19.1% from its current price of $46.00.Amount of Analyst CoverageMimecast has been the subject of 10 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 3.5 Community Rank Outperform VotesMimecast has received 699 “outperform” votes. (Add your “outperform” vote.)Underperform VotesMimecast has received 310 “underperform” votes. (Add your “underperform” vote.)Community SentimentMimecast has received 69.28% “outperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about Mimecast and other stocks. Vote “Outperform” if you believe MIME will outperform the S&P 500 over the long term. Vote “Underperform” if you believe MIME will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 0.0 Dividend Strength Dividend YieldMimecast does not currently pay a dividend.Dividend GrowthMimecast does not have a long track record of dividend growth. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Mimecast insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $19,078,164.00 in company stock.Percentage Held by InsidersOnly 9.50% of the stock of Mimecast is held by insiders.Percentage Held by Institutions81.83% of the stock of Mimecast is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Mimecast are expected to grow by 78.57% in the coming year, from $0.14 to $0.25 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Mimecast is 575.00, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 18.90.Price to Earnings Ratio vs. SectorThe P/E ratio of Mimecast is 575.00, which means that it is trading at a more expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 62.30.Price to Earnings Growth RatioMimecast has a PEG Ratio of 10.13. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioMimecast has a P/B Ratio of 12.40. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.4Community Rank: 3.5Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 1.9 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.95 out of 5 stars Industry, Sector and Symbol Stock Exchange NASDAQ Industry Prepackaged software Sub-IndustryN/A SectorComputer and Technology Current SymbolNASDAQ:MIME Previous Symbol CUSIPN/A CIK1644675 Webwww.mimecast.com Phone781-996-5340Debt Debt-to-Equity Ratio0.33 Current Ratio1.10 Quick Ratio1.10Price-To-Earnings Trailing P/E Ratio575.00 Forward P/E Ratio328.57 P/E Growth10.13 Sales & Book Value Annual Sales$426.96 million Price / Sales6.82 Cash Flow$0.68 per share Price / Cash Flow67.67 Book Value$3.71 per share Price / Book12.40Profitability EPS (Most Recent Fiscal Year)N/A Net Income$-2,200,000.00 Net Margins1.12% Return on Equity3.75% Return on Assets1.20%Miscellaneous Employees1,800 Outstanding Shares63,291,000Market Cap$2.91 billion Next Earnings Date11/5/2020 (Estimated) OptionableOptionable $46.00 -0.99 (-2.11 %) (As of 09/18/2020 12:00 AM ET) 30 days | 90 days | 365 days | Advanced Chart Receive MIME News and Ratings via Email Sign-up to receive the latest news and ratings for MIME and its competitors with MarketBeat's FREE daily newsletter. Mimecast (NASDAQ:MIME) Frequently Asked Questions How has Mimecast's stock been impacted by COVID-19 (Coronavirus)? Mimecast's stock was trading at $32.04 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, MIME stock has increased by 43.6% and is now trading at $46.00. View which stocks have been most impacted by COVID-19. Do Wall Street analysts recommend investors buy shares of Mimecast? 18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Mimecast in the last year. There are currently 1 sell rating, 2 hold ratings and 15 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Mimecast. When is Mimecast's next earnings date? Mimecast is scheduled to release its next quarterly earnings announcement on Thursday, November 5th 2020. View our earnings forecast for Mimecast. How were Mimecast's earnings last quarter? Mimecast Ltd (NASDAQ:MIME) posted its quarterly earnings results on Monday, August, 3rd. The technology company reported $0.22 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.16 by $0.06. The technology company had revenue of $115.18 million for the quarter, compared to the consensus estimate of $113.30 million. Mimecast had a return on equity of 3.75% and a net margin of 1.12%. The company's revenue for the quarter was up 16.1% on a year-over-year basis. During the same period last year, the company earned $0.08 EPS. View Mimecast's earnings history. What guidance has Mimecast issued on next quarter's earnings? Mimecast updated its second quarter 2021 After-Hours earnings guidance on Monday, August, 3rd. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $120.8-121.8 million, compared to the consensus revenue estimate of $116.17 million. What price target have analysts set for MIME? 18 Wall Street analysts have issued 12-month target prices for Mimecast's stock. Their forecasts range from $38.00 to $73.00. On average, they expect Mimecast's stock price to reach $54.78 in the next twelve months. This suggests a possible upside of 19.1% from the stock's current price. View analysts' price targets for Mimecast. Are investors shorting Mimecast? Mimecast saw a decrease in short interest in August. As of August 31st, there was short interest totaling 2,790,000 shares, a decrease of 13.6% from the August 15th total of 3,230,000 shares. Based on an average daily trading volume, of 831,400 shares, the days-to-cover ratio is currently 3.4 days. Approximately 4.8% of the company's stock are short sold. View Mimecast's Short Interest. Who are some of Mimecast's key competitors? Some companies that are related to Mimecast include Cloudflare (NET), Dynatrace (DT), Temenos (TMNSF), Ceridian HCM (CDAY), UBISOFT ENTMT S/ADR (UBSFY), PTC (PTC), Avalara (AVLR), Nuance Communications (NUAN), Elastic (ESTC), Trend Micro (TMICY), Guidewire Software (GWRE), Anaplan (PLAN), Dropbox (DBX), Paylocity (PCTY) and Fastly (FSLY). View all competitors. What other stocks do shareholders of Mimecast own? Based on aggregate information from My MarketBeat watchlists, some companies that other Mimecast investors own include NVIDIA (NVDA), Intersect ENT (XENT), Alibaba Group (BABA), Square (SQ), Proofpoint (PFPT), Trade Desk (TTD), Okta (OKTA), Advanced Micro Devices (AMD), Splunk (SPLK) and Skyworks Solutions (SWKS). Who are Mimecast's key executives? Mimecast's management team includes the following people: Mr. Peter Bauer, Co-Founder, Chairman & CEO (Age 45)Mr. Edward V. Jennings, Chief Operating Officer (Age 49)Mr. Robert P. Nault, Sr. VP, Gen. Counsel & Sec. (Age 55)Ms. Janet Bishop Levesque, Sr. VP of Systems, Risk & Security (Age 52)Mr. Peter Campbell, Consultant (Age 55) When did Mimecast IPO? (MIME) raised $86 million in an initial public offering (IPO) on Thursday, November 19th 2015. The company issued 7,800,000 shares at $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. What is Mimecast's stock symbol? Mimecast trades on the NASDAQ under the ticker symbol "MIME." Who are Mimecast's major shareholders? Mimecast's stock is owned by a number of retail and institutional investors. Top institutional investors include FMR LLC (2.94%), Point72 Asset Management L.P. (2.63%), First Trust Advisors LP (2.54%), Bank of New York Mellon Corp (1.73%), Macquarie Group Ltd. (1.43%) and Marshall Wace LLP (0.92%). Company insiders that own Mimecast stock include Christopher Fitzgerald, Dino Dimarino, Edward Vincent Jennings, Hagi Schwartz, Janet Bishop-Levesque, John J Walsh Jr, John J Walsh, Jr, Neil Murray, Peter Andrew James Campbell, Peter Bauer and Robert P Nault. View institutional ownership trends for Mimecast. Which major investors are selling Mimecast stock? MIME stock was sold by a variety of institutional investors in the last quarter, including Vista Equity Partners Management LLC, Portolan Capital Management LLC, Russell Investments Group Ltd., Marshall Wace North America L.P., Marshall Wace LLP, Kornitzer Capital Management Inc. KS, Man Group plc, and Two Sigma Advisers LP. Company insiders that have sold Mimecast company stock in the last year include Christopher Fitzgerald, Dino Dimarino, Hagi Schwartz, John J Walsh Jr, Neil Murray, Peter Bauer, and Robert P Nault. View insider buying and selling activity for Mimecast. Which major investors are buying Mimecast stock? MIME stock was acquired by a variety of institutional investors in the last quarter, including Bank of New York Mellon Corp, First Trust Advisors LP, Point72 Asset Management L.P., Vanguard Group Inc., Robeco Institutional Asset Management B.V., Nordea Investment Management AB, Nuveen Asset Management LLC, and Bank of America Corp DE. View insider buying and selling activity for Mimecast. How do I buy shares of 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. What is Mimecast's stock price today? One share of MIME stock can currently be purchased for approximately $46.00. How big of a company is Mimecast? Mimecast has a market capitalization of $2.91 billion and generates $426.96 million in revenue each year. Mimecast employs 1,800 workers across the globe. What is Mimecast's official website? The official website for Mimecast is www.mimecast.com. How can I contact Mimecast? 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] This page was last updated on 9/19/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your Risk-Free Trial Subscription Here Questions? Get Started with MarketBeat — Read Your Daily NewsletterCheck Out My MarketBeatWatch Our Tutorial VideosAdd a Stock to Your WatchlistSet Up an Instant AlertView a Company's Profile PageView Our Financial CalendarsView Today's Analyst Ratings
