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NASDAQ:MIME - Mimecast Stock Price, Forecast & News

$49.02
+2.65 (+5.71 %)
(As of 02/18/2020 03:09 AM ET)
Today's Range
$46.66
Now: $49.02
$49.07
50-Day Range
$42.80
MA: $49.06
$53.56
52-Week Range
$34.62
Now: $49.02
$54.57
Volume1.29 million shs
Average Volume811,768 shs
Market Capitalization$3.06 billion
P/E RatioN/A
Dividend YieldN/A
Beta1.14
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. Read More…

Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$340.38 million
Cash Flow$0.54 per share
Book Value$2.87 per share

Profitability

Net Income$-7,000,000.00

Miscellaneous

Employees1,500
Market Cap$3.06 billion
Next Earnings Date5/11/2020 (Estimated)
OptionableOptionable

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Mimecast (NASDAQ:MIME) Frequently Asked Questions

What is Mimecast's stock symbol?

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

How were Mimecast's earnings last quarter?

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.

When is Mimecast's next earnings date?

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

What guidance has Mimecast issued on next quarter's earnings?

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.

What price target have analysts set for MIME?

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.

What is the consensus analysts' recommendation 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.

What are Wall Street analysts saying about Mimecast stock?

Here are some recent quotes from research analysts about Mimecast 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. " (2/14/2020)
  • 2. Robert W. Baird analysts commented, "We continue to see a strong fundamental story driven by leading technology positioning, strong execution and large legacy share gain opportunities." (8/6/2019)

Has Mimecast been receiving favorable news coverage?

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.

Are investors shorting 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.

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 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).

Who are Mimecast's key executives?

Mimecast's management team includes the folowing 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 acted as the underwriters for the IPO and Oppenheimer & Co. was co-manager.

Who are Mimecast's major shareholders?

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.

Which major investors are selling Mimecast stock?

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.

Which major investors are buying Mimecast stock?

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.

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 $49.02.

How big of a company is Mimecast?

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.

What is Mimecast's official website?

The official website for Mimecast is http://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]


MarketBeat Community Rating for Mimecast (NASDAQ MIME)

Community Ranking:  3.5 out of 5 (star star star half star)
Outperform Votes:  641 (Vote Outperform)
Underperform Votes:  281 (Vote Underperform)
Total Votes:  922
MarketBeat's community ratings are surveys of what our community members think about Mimecast and other stocks. Vote "Outperform" if you believe MIME will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MIME will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 2/18/2020 by MarketBeat.com Staff

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