NASDAQ:MIME - Mimecast Stock Price, Price Target & More

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

Mimecast (NASDAQ:MIME) released its earnings results on Monday, May, 14th. The technology company reported ($0.05) EPS for the quarter, missing the Thomson Reuters' consensus estimate of ($0.01) by $0.04. The technology company earned $73.40 million during the quarter, compared to analyst estimates of $71.61 million. Mimecast had a negative net margin of 5.38% and a negative return on equity of 12.51%. Mimecast's quarterly revenue was up 40.1% on a year-over-year basis. View Mimecast's Earnings History.

Mimecast is scheduled to release their next quarterly earnings announcement on Monday, August, 6th 2018. View Earnings Estimates for Mimecast.

10 analysts have issued 1-year price targets for Mimecast's stock. Their forecasts range from $35.00 to $50.00. On average, they anticipate Mimecast's stock price to reach $41.10 in the next year. View Analyst Ratings for Mimecast.

Some companies that are related to Mimecast include PTC (PTC), Temenos Group (TMNSF), Tyler Technologies (TYL), Nutanix (NTNX), Ultimate Software Group (ULTI), Tableau Software Inc Class A (DATA), Trend Micro (TMICY), Momo (MOMO), Micro Focus (MFGP), Black Knight (BKI), DocuSign (DOCU), Guidewire Software (GWRE), Sina (SINA), Konami (KNMCY) and Atlassian (TEAM).

(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.

News stories about MIME stock have been trending somewhat positive recently, according to Accern Sentiment Analysis. The research firm identifies positive and negative media coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Mimecast earned a media sentiment score of 0.20 on Accern's scale. They also assigned media stories about the technology company an impact score of 48.03 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the near future.

Mimecast's stock is owned by many different of retail and institutional investors. Top institutional investors include Columbus Circle Investors (1.83%), Lord Abbett & CO. LLC (1.66%), Whale Rock Capital Management LLC (1.42%), Loomis Sayles & Co. L P (1.34%), Redwood Investments LLC (1.01%) and Stephens Investment Management Group LLC (0.75%). Company insiders that own Mimecast stock include Edward Vincent Jennings, Neil Murray, Peter Andrew James Campbell and Peter Bauer. View Institutional Ownership Trends for Mimecast.

MIME stock was sold by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., ETF Managers Group LLC, Next Century Growth Investors LLC, Cortina Asset Management LLC, Penn Capital Management Co. Inc., Kornitzer Capital Management Inc. KS, Loomis Sayles & Co. L P and Stephens Investment Management Group LLC. Company insiders that have sold Mimecast company stock in the last year include Edward Vincent Jennings, Neil Murray, Peter Andrew James Campbell and Peter Bauer. View Insider Buying and Selling for Mimecast.

MIME stock was purchased by a variety of institutional investors in the last quarter, including Whale Rock Capital Management LLC, Lord Abbett & CO. LLC, Millennium Management LLC, Oak Ridge Investments LLC, Legal & General Group Plc, JPMorgan Chase & Co., Royal Bank of Canada and American Century Companies Inc.. 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, Scottrade, Fidelity and Charles Schwab.

One share of MIME stock can currently be purchased for approximately $44.08.

Mimecast has a market capitalization of $2.55 billion and generates $261.90 million in revenue each year. The technology company earns $-14,090,000.00 in net income (profit) each year or ($0.19) on an earnings per share basis. Mimecast employs 957 workers across the globe.

Mimecast's mailing address is CityPoint One Ropemaker Street Moorgate, London X0, EC2Y 9AW. The technology company can be reached via phone at 44-20-7847-8700.