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NASDAQ:MIME

Mimecast Stock Forecast, Price & News

$45.27
+1.10 (+2.49 %)
(As of 09/25/2020 12:00 AM ET)
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Today's Range
$44.13
Now: $45.27
$45.55
50-Day Range
$43.51
MA: $46.35
$50.02
52-Week Range
$25.14
Now: $45.27
$54.40
Volume273,227 shs
Average Volume875,066 shs
Market Capitalization$2.87 billion
P/E Ratio565.88
Dividend YieldN/A
Beta1.22
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.
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Beat the Market (BTM) Rank

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

Industry Prepackaged software
Sub-IndustryN/A
Current SymbolNASDAQ:MIME
CUSIPN/A
Phone781-996-5340

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$426.96 million
Cash Flow$0.66 per share
Book Value$3.71 per share

Profitability

Net Income$-2,200,000.00

Miscellaneous

Employees1,800
Market Cap$2.87 billion
Next Earnings Date11/5/2020 (Estimated)
OptionableOptionable
$45.27
+1.10 (+2.49 %)
(As of 09/25/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Mimecast (NASDAQ:MIME) Frequently Asked Questions

How has Mimecast's stock been impacted by Coronavirus (COVID-19)?

Mimecast's stock was trading at $32.04 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, MIME shares have increased by 41.3% and is now trading at $45.27.
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) released its quarterly earnings data on Monday, August, 3rd. The technology company reported $0.22 EPS for the quarter, topping the consensus estimate of $0.16 by $0.06. The technology company earned $115.18 million during the quarter, compared to analysts' expectations of $113.30 million. Mimecast had a return on equity of 3.75% and a net margin of 1.12%. The business's revenue was up 16.1% compared to the same quarter last year. During the same period last year, the company posted $0.08 earnings per share.
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 EPS 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 equities research analysts have issued 12 month price objectives for Mimecast's stock. Their forecasts range from $38.00 to $73.00. On average, they expect Mimecast's share price to reach $54.78 in the next year. This suggests a possible upside of 21.0% from the stock's current price.
View analysts' price targets for Mimecast
.

Are investors shorting Mimecast?

Mimecast saw a decline in short interest in the month of August. As of August 31st, there was short interest totaling 2,790,000 shares, a decline 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 presently 3.4 days. Approximately 4.8% of the shares of the company are sold short.
View Mimecast's Short Interest
.

Who are some of Mimecast's key 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), Trade Desk (TTD), Proofpoint (PFPT), Advanced Micro Devices (AMD), Okta (OKTA), 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 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 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 shareholders 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 institutional 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 institutional investors are buying Mimecast stock?

MIME stock was purchased 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 $45.27.

How big of a company is Mimecast?

Mimecast has a market capitalization of $2.87 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 9/27/2020 by MarketBeat.com Staff

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