NASDAQ:MIME - Mimecast Stock Price, Forecast & News

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

Mimecast Ltd (NASDAQ:MIME) issued its quarterly earnings results on Monday, February, 10th. The technology company reported $0.14 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.12 by $0.02. The technology company had revenue of $110.16 million for the quarter, compared to analysts' expectations of $108.12 million. Mimecast had a negative net margin of 1.64% and a negative return on equity of 0.64%. The company's revenue was up 25.7% compared to the same quarter last year. During the same quarter last year, the company posted $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 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 equities research analysts have issued 1 year price objectives for Mimecast's shares. Their forecasts range from $46.00 to $65.00. On average, they expect Mimecast's share price to reach $58.62 in the next year. This suggests a possible upside of 28.9% 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.

Media stories about MIME stock have been trending neutral on Tuesday, InfoTrie Sentiment Analysis reports. The research firm rates the sentiment of news coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Mimecast earned a daily sentiment score of 0.4 on InfoTrie's scale. They also assigned headlines about the technology company a news buzz of 9.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the company's share price in the near term. View News Stories for Mimecast.

Mimecast saw a decline in short interest in 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 volume of 459,300 shares, the days-to-cover ratio is presently 0.9 days. Currently, 0.7% of the shares of the stock are short sold. View Mimecast's Current Options Chain.

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

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), Twilio (TWLO), Proofpoint (PFPT) and Paypal (PYPL).

(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 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 bought 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 $45.47.

Mimecast has a market capitalization of $2.84 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]