NASDAQ:MIME - Mimecast Stock Price, Forecast & News

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

Mimecast Ltd (NASDAQ:MIME) released its earnings results on Monday, February, 10th. The technology company reported $0.14 earnings per share for the quarter, topping analysts' consensus estimates 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 return on equity of 0.64% and a negative net margin of 1.64%. The firm's quarterly revenue was up 25.7% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.09 earnings per share. 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 updated its FY 2020 After-Hours earnings guidance on Monday, February, 10th. The company provided 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 analysts have issued 12 month target prices 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 26.3% 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.

Headlines about MIME stock have been trending somewhat positive this week, according to InfoTrie Sentiment Analysis. The research firm identifies negative and positive press coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Mimecast earned a media sentiment score of 0.9 on InfoTrie's scale. They also gave media coverage about the technology company a news buzz of 0.0 out of 10, meaning that recent press 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 decrease in short interest in January. As of January 31st, there was short interest totalling 397,100 shares, a decrease of 37.6% from the January 15th total of 636,000 shares. Based on an average daily trading volume, of 459,300 shares, the days-to-cover ratio is presently 0.9 days. Approximately 0.7% of the company's shares are short sold. View Mimecast's Current Options Chain.

Some companies that are related to Mimecast include Temenos (TMNSF), Black Knight (BKI), Ceridian HCM (CDAY), Coupa Software (COUP), PTC (PTC), Mongodb (MDB), Guidewire Software (GWRE), Dynatrace (DT), UBISOFT ENTMT S/ADR (UBSFY), Alteryx (AYX), HubSpot (HUBS), Anaplan (PLAN), Dropbox (DBX), Paylocity (PCTY) 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), Alibaba Group (BABA), Trade Desk (TTD), Square (SQ), Mongodb (MDB), 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 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, Man Group plc, Cubist Systematic Strategies LLC, Marshall Wace LLP, Kornitzer Capital Management Inc. KS and Essex Investment Management Co. LLC. Company insiders that have sold Mimecast company stock in the last year include Edward Vincent Jennings, Hagi Schwartz, John J Walsh, Jr, 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 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 $46.40.

Mimecast has a market capitalization of $2.90 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]