Mimecast Limited is a provider of cloud security and risk management services for corporate information and e-mail. The Company's suite of cloud services protects customers from the business and data security risks. It also mitigates the business disruption that e-mail failure or downtime causes. In addition, its archiving services secure, store and manage critical corporate communications and information to address the compliance and e-discovery requirements. It has developed its cloud architecture to offer customers e-mail security, continuity and archiving capabilities in a single service. It has developed an operating system (OS) called Mime OS for native cloud services. It protects inbound and outbound e-mail from malware, spam, threats, e-mail denial of service (DoS) and distributed denial of service (DDoS), data leaks and other security threats. It also offers service bundles, and Mimecast mobile and desktop applications.
Industry, Sector and Symbol:
- Sector: Computer and Technology
- Industry: N/A
- Sub-Industry: N/A
- Symbol: NASDAQ:MIME
- CUSIP: N/A
- Web: www.mimecast.com
- Market Cap: $1.51 billion
- Outstanding Shares: 55,901,000
- 50 Day Moving Avg: $24.31
- 200 Day Moving Avg: $21.40
- 52 Week Range: $8.09 - $27.59
Sales & Book Value:
- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: 149.72
- P/E Growth: 17.20
- Annual Revenue: $186.56 million
- Price / Sales: 8.08
- Book Value: $1.47 per share
- Price / Book: 18.33
- EBIDTA: $1.51 million
- Net Margins: -2.80%
- Return on Equity: -6.07%
- Return on Assets: -2.66%
- Current Ratio: 1.51%
- Quick Ratio: 1.51%
- Average Volume: 319,653 shs.
- Beta: 1.04
- Short Ratio: 3.2
Frequently Asked Questions for Mimecast Ltd (NASDAQ:MIME)
What is Mimecast Ltd's stock symbol?
Mimecast Ltd trades on the NASDAQ under the ticker symbol "MIME."
How were Mimecast Ltd's earnings last quarter?
Mimecast Ltd (NASDAQ:MIME) announced its quarterly earnings results on Tuesday, May, 9th. The company reported ($0.05) earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of ($0.05). The business had revenue of $52.40 million for the quarter, compared to analyst estimates of $52.12 million. Mimecast Ltd had a negative net margin of 2.80% and a negative return on equity of 6.07%. The company's revenue for the quarter was up 42.0% on a year-over-year basis. View Mimecast Ltd's Earnings History.
Where is Mimecast Ltd's stock going? Where will Mimecast Ltd's stock price be in 2017?
12 brokers have issued 12 month price targets for Mimecast Ltd's stock. Their predictions range from $24.00 to $35.00. On average, they expect Mimecast Ltd's share price to reach $28.33 in the next twelve months. View Analyst Ratings for Mimecast Ltd.
What are analysts saying about Mimecast Ltd stock?
Here are some recent quotes from research analysts about Mimecast Ltd stock:
- 1. According to Zacks Investment Research, "Mimecast Limited offers cloud security and risk management services for corporate information and email primarily in the United States, the United Kingdom and South Africa. The Company offers email management services that protect the organization against spam, viruses, malware, emerging threats, and other challenges. Mimecast Limited is headquartered in London, the United Kingdom. " (5/13/2017)
- 2. Jefferies Group LLC analysts commented, "Mimecast announced it is purchasing substantially all of the assets of iSheriff, to extend threat detection and intelligence capabilities into its email security platform. This is a small (< $10M) tuck-in deal for technology and engineering talent, with no impact to guidance."" (11/24/2016)
Are investors shorting Mimecast Ltd?
Mimecast Ltd saw a decline in short interest during the month of April. As of April 13th, there was short interest totalling 653,059 shares, a decline of 5.7% from the March 31st total of 692,461 shares. Based on an average daily trading volume, of 185,710 shares, the short-interest ratio is currently 3.5 days.
Who are some of Mimecast Ltd's key competitors?
Some companies that are related to Mimecast Ltd include WESCO International (WCC), InterDigital (IDCC), Nutanix (NTNX), Amkor Technology (AMKR), Fih Mobile Ltd (FXCNY), Finisar (FNSR), Sanmina Corp (SANM), Pitney Bowes (PBI), AVX (AVX), RealPage (RP), ACI Worldwide (ACIW), Amaya (AYA), Black Knight Financial Services (BKFS), FireEye (FEYE), Zendesk (ZEN), Itron (ITRI), Pure Storage (PSTG) and HubSpot (HUBS).
Who are Mimecast Ltd's key executives?
Mimecast Ltd's management team includes the folowing people:
- Peter Bauer, Chairman of the Board, Chief Executive Officer
- Ed Jennings, Chief Operating Officer
- Neil Murray, Chief Technology Officer, Director
- Bernard Dalle, Non-Executive Director
- Norman Fiore, Non-Executive Director
- Christopher F. FitzGerald, Lead independent Non-Executive Director
- Jeffrey Lieberman, Non-Executive Director
- Hagi Schwartz, Non-Executive Director
When did Mimecast Ltd IPO?
(MIME) raised $86 million in an 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.
Who owns Mimecast Ltd stock?
Mimecast Ltd's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Insight Holdings Group LLC (17.25%), Wellington Management Group LLP (2.95%),
DAWN ENTERPRISE CAPITAL FUND LP
(2.30%), Penserra Capital Management LLC (1.41%), Peregrine Capital Management LLC (1.26%) and Columbia Wanger Asset Management LLC (1.07%). View Institutional Ownership Trends for Mimecast Ltd.
Who sold Mimecast Ltd stock? Who is selling Mimecast Ltd stock?
Mimecast Ltd's stock was sold by a variety of institutional investors in the last quarter, including Acadian Asset Management LLC, Ameriprise Financial Inc., Weiss Multi Strategy Advisers LLC, Columbia Wanger Asset Management LLC, Spark Investment Management LLC, Bank of New York Mellon Corp, PNC Financial Services Group Inc. and Renaissance Technologies LLC. View Insider Buying and Selling for Mimecast Ltd.
Who bought Mimecast Ltd stock? Who is buying Mimecast Ltd stock?
Mimecast Ltd's stock was bought by a variety of institutional investors in the last quarter, including Loomis Sayles & Co. L P, Garelick Capital Partners LP, Driehaus Capital Management LLC, State of Wisconsin Investment Board, Penserra Capital Management LLC, Herald Investment Management Ltd, Cortina Asset Management LLC and Citadel Advisors LLC. View Insider Buying and Selling for Mimecast Ltd.
How do I buy Mimecast Ltd stock?
Shares of Mimecast Ltd can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Mimecast Ltd's stock price today?
MarketBeat Community Rating for Mimecast Ltd (NASDAQ MIME)MarketBeat's community ratings are surveys of what our community members think about Mimecast Ltd and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of Mimecast Ltd stock can currently be purchased for approximately $26.95.
Earnings History for Mimecast Ltd (NASDAQ:MIME)Earnings History by Quarter for Mimecast Ltd (NASDAQ:MIME)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|5/9/2017||Q4 2017||($0.05)||($0.05)||$52.12 million||$52.40 million||View||Listen|
|2/9/2017||Q3 2017||($0.03)||($0.06)||$45.21 million||$48.33 million||View||Listen|
|11/9/2016||Q2 2017||($0.02)||$0.05||$41.81 million||$44.40 million||View||Listen|
|8/8/2016||Q1||($0.04)||$0.04||$39.85 million||$41.46 million||View||Listen|
Earnings Estimates for Mimecast Ltd (NASDAQ:MIME)
2017 EPS Consensus Estimate: ($0.13)
2018 EPS Consensus Estimate: ($0.25)
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Dividend History for Mimecast Ltd (NASDAQ:MIME)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading History for Mimecast Ltd (NASDAQ:MIME)
No insider trades for this company have been tracked by MarketBeat.com
Headline Trends for Mimecast Ltd (NASDAQ:MIME)
Latest Headlines for Mimecast Ltd (NASDAQ:MIME)
Mimecast Ltd (MIME) Chart for Monday, May, 29, 2017