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 Monday, February, 10th. The technology company reported $0.14 EPS for the quarter, topping the Zacks' consensus estimate of $0.12 by $0.02. The technology company earned $110.16 million during the quarter, compared to the consensus estimate of $108.12 million. Mimecast had a negative net margin of 1.64% and a negative return on equity of 0.64%. Mimecast's quarterly revenue was up 25.7% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.09 EPS. View Mimecast's Earnings History.

Mimecast is scheduled to release their next quarterly earnings announcement on Monday, May 11th 2020. View Earnings Estimates for Mimecast.

Mimecast issued an update on its FY 2020 After-Hours earnings guidance on Monday, February, 10th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $425.6-426.7 million, compared to the consensus revenue estimate of $423.52 million.

14 brokerages have issued 12 month price objectives for Mimecast's shares. Their forecasts range from $46.00 to $65.00. On average, they expect Mimecast's stock price to reach $58.62 in the next year. This suggests a possible upside of 19.6% from the stock's current price. View Analyst Price Targets for Mimecast.

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Mimecast in the last year. There are currently 2 hold ratings and 12 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Mimecast.

Press coverage about MIME stock has trended very negative recently, InfoTrie reports. The research firm identifies positive and negative news coverage by reviewing more than six thousand news and blog sources in real-time. 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 daily sentiment score of -3.4 on InfoTrie's scale. They also gave news articles 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 company's share price in the near term. View News Stories for Mimecast.

Mimecast saw a decline in short interest during the month of January. As of January 31st, there was short interest totalling 397,100 shares, a decline of 37.6% from the January 15th total of 636,000 shares. Based on an average daily trading volume, of 459,300 shares, the short-interest ratio is currently 0.9 days. Approximately 0.7% of the shares of the company are sold short. View Mimecast's Current Options Chain.

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

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

(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 retail and institutional investors. Top institutional investors include Bain Capital Public Equity Management II LLC (1.55%), Renaissance Technologies LLC (1.44%), First Trust Advisors LP (1.35%), FMR LLC (1.29%), Point72 Asset Management L.P. (1.20%) and Loomis Sayles & Co. L P (1.14%). 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 Renaissance Technologies LLC, UBS Asset Management Americas Inc., Bank of America Corp DE, Cubist Systematic Strategies LLC, Marshall Wace LLP, Kornitzer Capital Management Inc. KS, Essex Investment Management Co. LLC and Spark Investment Management LLC. 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 and Peter Bauer. View Insider Buying and Selling for Mimecast.

MIME stock was acquired by a variety of institutional investors in the last quarter, including Point72 Asset Management L.P., CIBC Private Wealth Group LLC, Pictet Asset Management Ltd., Russell Investments Group Ltd., Bain Capital Public Equity Management II LLC, UBS Oconnor LLC, First Trust Advisors LP and J. Goldman & Co LP. 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 $49.02.

Mimecast has a market capitalization of $3.06 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]