Mimecast Ltd Company Profile (NASDAQ:MIME)

About Mimecast Ltd (NASDAQ:MIME)

Mimecast Ltd logoMimecast 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
Capitalization:
  • Market Cap: $1.51 billion
  • Outstanding Shares: 55,901,000
Average Prices:
  • 50 Day Moving Avg: $24.31
  • 200 Day Moving Avg: $21.40
  • 52 Week Range: $8.09 - $27.59
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 149.72
  • P/E Growth: 17.20
Sales & Book Value:
  • Annual Revenue: $186.56 million
  • Price / Sales: 8.08
  • Book Value: $1.47 per share
  • Price / Book: 18.33
Profitability:
  • EBIDTA: $1.51 million
  • Net Margins: -2.80%
  • Return on Equity: -6.07%
  • Return on Assets: -2.66%
Debt:
  • Current Ratio: 1.51%
  • Quick Ratio: 1.51%
Misc:
  • Average Volume: 307,044 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 for the quarter, meeting analysts' consensus estimates of ($0.05). The firm earned $52.40 million during the quarter, compared to analysts' expectations of $52.12 million. Mimecast Ltd had a negative net margin of 2.80% and a negative return on equity of 6.07%. The firm'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 shares. Their predictions range from $24.00 to $35.00. On average, they expect Mimecast Ltd's stock price to reach $28.33 in the next year. 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 drop in short interest during the month of April. As of April 13th, there was short interest totalling 653,059 shares, a drop of 5.7% from the March 31st total of 692,461 shares. Based on an average daily trading volume, of 185,710 shares, the days-to-cover ratio is presently 3.5 days.

Who are some of Mimecast Ltd's key competitors?

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 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 owns Mimecast Ltd stock?

Mimecast Ltd's stock is owned by a variety of of retail and institutional investors. Top institutional investors 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 acquired 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.

How much does a share of Mimecast Ltd stock cost?

One share of Mimecast Ltd stock can currently be purchased for approximately $26.95.

Analyst Ratings

Consensus Ratings for Mimecast Ltd (NASDAQ:MIME) (?)
Ratings Breakdown: 1 Hold Rating, 11 Buy Ratings
Consensus Rating:Buy (Score: 2.92)
Consensus Price Target: $28.33 (5.13% upside)

Analysts' Ratings History for Mimecast Ltd (NASDAQ:MIME)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
5/10/2017Benchmark Co.Boost Price TargetBuy -> Buy$30.00 -> $35.00HighView Rating Details
4/13/2017Summit RedstoneReiterated RatingBuy$30.00HighView Rating Details
4/6/2017Monness Crespi & HardtInitiated CoverageNeutral -> NeutralLowView Rating Details
2/16/2017Barclays PLCReiterated RatingOverweight$26.00 -> $27.00N/AView Rating Details
2/16/2017Jefferies Group LLCReiterated RatingBuy$29.00 -> $30.00N/AView Rating Details
2/14/2017Oppenheimer Holdings Inc.Reiterated RatingOutperform$25.00 -> $27.00N/AView Rating Details
2/10/2017Dougherty & CoBoost Price TargetBuy$27.00 -> $28.00N/AView Rating Details
1/25/2017Brean CapitalInitiated CoverageBuy$27.00N/AView Rating Details
1/17/2017Northland SecuritiesInitiated CoverageOutperform$27.00N/AView Rating Details
1/5/2017StephensInitiated CoverageOverweight$24.00N/AView Rating Details
10/14/2016JPMorgan Chase & Co.Initiated CoverageOverweightN/AView Rating Details
6/23/2016Royal Bank of CanadaReiterated RatingBuyN/AView Rating Details
4/15/2016Goldman Sachs Group IncDowngradeBuy -> Neutral$12.00 -> $10.50N/AView Rating Details
(Data available from 5/27/2015 forward)

Earnings

Earnings History for Mimecast Ltd (NASDAQ:MIME)
Earnings by Quarter for Mimecast Ltd (NASDAQ:MIME)
Earnings History by Quarter for Mimecast Ltd (NASDAQ:MIME)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/9/2017Q4 2017($0.05)($0.05)$52.12 million$52.40 millionViewListenView Earnings Details
2/9/2017Q3 2017($0.03)($0.06)$45.21 million$48.33 millionViewListenView Earnings Details
11/9/2016Q2 2017($0.02)$0.05$41.81 million$44.40 millionViewListenView Earnings Details
8/8/2016Q1($0.04)$0.04$39.85 million$41.46 millionViewListenView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Mimecast Ltd (NASDAQ:MIME)
2017 EPS Consensus Estimate: ($0.13)
2018 EPS Consensus Estimate: ($0.25)
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20172($0.07)($0.01)($0.04)
Q2 20171($0.04)($0.04)($0.04)
Q3 20171($0.03)($0.03)($0.03)
Q4 20171($0.02)($0.02)($0.02)
Q1 20181($0.07)($0.07)($0.07)
Q2 20181($0.07)($0.07)($0.07)
Q3 20181($0.05)($0.05)($0.05)
Q4 20181($0.06)($0.06)($0.06)
(Data provided by Zacks Investment Research)

Dividends

Dividend History for Mimecast Ltd (NASDAQ:MIME)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading History for Mimecast Ltd (NASDAQ:MIME)
No insider trades for this company have been tracked by MarketBeat.com

Headlines

Headline Trends for Mimecast Ltd (NASDAQ:MIME)
Latest Headlines for Mimecast Ltd (NASDAQ:MIME)
Source:
DateHeadline
benzinga.com logo4 Trending Stocks To Watch
www.benzinga.com - May 24 at 6:36 PM
finance.yahoo.com logoMimecast to Present at the 45th Annual J.P. Morgan Global Technology, Media and Telecom Conference
finance.yahoo.com - May 17 at 6:31 PM
americanbankingnews.com logoZacks Investment Research Downgrades Mimecast Ltd (MIME) to Strong Sell
www.americanbankingnews.com - May 13 at 9:40 AM
americanbankingnews.com logoMimecast Ltd (MIME) Announces Quarterly Earnings Results, Hits Estimates
www.americanbankingnews.com - May 10 at 11:48 PM
americanbankingnews.com logoMimecast Ltd (MIME) Price Target Raised to $35.00 at Benchmark Co.
www.americanbankingnews.com - May 10 at 9:30 PM
finance.yahoo.com logoInvestor Network: Mimecast Limited to Host Earnings Call
finance.yahoo.com - May 9 at 6:14 PM
finance.yahoo.com logoMimecast Announces Fourth Quarter and Full Year 2017 Financial Results
finance.yahoo.com - May 9 at 6:14 PM
finance.yahoo.com logoMimecast reports 4Q loss
finance.yahoo.com - May 9 at 6:14 PM
americanbankingnews.com logoMimecast (MIME) Receiving Somewhat Positive Media Coverage, Report Shows
www.americanbankingnews.com - May 8 at 11:44 PM
americanbankingnews.com logoMimecast Ltd (MIME) Given Consensus Rating of "Buy" by Analysts
www.americanbankingnews.com - May 8 at 11:10 AM
americanbankingnews.com logo$48.95 Million in Sales Expected for Mimecast Ltd (MIME) This Quarter
www.americanbankingnews.com - May 7 at 8:02 AM
americanbankingnews.com logo-$0.05 EPS Expected for Mimecast Ltd (MIME) This Quarter
www.americanbankingnews.com - May 5 at 6:10 PM
americanbankingnews.com logoMimecast Ltd (MIME) Short Interest Down 5.7% in April
www.americanbankingnews.com - May 2 at 7:14 AM
americanbankingnews.com logoMimecast (MIME) Receives Coverage Optimism Rating of 0.17
www.americanbankingnews.com - April 28 at 11:40 PM
americanbankingnews.com logoMimecast Ltd (MIME) Now Covered by Analysts at Benchmark Co.
www.americanbankingnews.com - April 27 at 9:24 AM
americanbankingnews.com logoMimecast (MIME) Getting Somewhat Critical News Coverage, Report Shows
www.americanbankingnews.com - April 25 at 1:24 PM
americanbankingnews.com logoMimecast (MIME) Earning Favorable Media Coverage, Report Shows
www.americanbankingnews.com - April 21 at 11:17 PM
americanbankingnews.com logoMimecast (MIME) Earning Somewhat Positive Press Coverage, Study Finds
www.americanbankingnews.com - April 18 at 6:49 PM
americanbankingnews.com logo Analysts Anticipate Mimecast Ltd (MIME) Will Announce Quarterly Sales of $48.95 Million
www.americanbankingnews.com - April 16 at 8:24 AM
americanbankingnews.com logoMimecast (MIME) Getting Somewhat Negative News Coverage, AlphaOne Reports
www.americanbankingnews.com - April 15 at 2:13 PM
finance.yahoo.com logoMimecast to Present at Jefferies 2017 Global Technology Conference
finance.yahoo.com - April 14 at 8:40 AM
americanbankingnews.com logoMimecast Ltd (MIME) Upgraded to Hold by Zacks Investment Research
www.americanbankingnews.com - April 13 at 9:58 PM
finance.yahoo.com logoMimecast's Enterprise Potential Is Underappreciated
finance.yahoo.com - April 13 at 6:16 PM
americanbankingnews.com logoSummit Redstone Begins Coverage on Mimecast Ltd (MIME)
www.americanbankingnews.com - April 13 at 9:51 AM
finance.yahoo.com logoMimecast to Report Fourth Quarter and Full Year 2017 Financial Results on May 9, 2017
finance.yahoo.com - April 13 at 8:59 AM
americanbankingnews.com logoMimecast Ltd (MIME) Given Consensus Recommendation of "Buy" by Brokerages
www.americanbankingnews.com - April 11 at 9:15 AM
americanbankingnews.com logoMimecast Ltd (MIME) Now Covered by Monness Crespi & Hardt
www.americanbankingnews.com - April 6 at 5:49 PM
finance.yahoo.com logoMimecast Announces New Board Member Aron Ain
finance.yahoo.com - April 3 at 10:16 AM
finance.yahoo.com logoJefferies Has 4 Cybersecurity Stocks to Buy as Growth to Continue ... - Yahoo Finance
finance.yahoo.com - March 24 at 6:34 PM
businesswire.com logo2016 Exceeds All Records in Numbers of Phishing Attacks
www.businesswire.com - February 27 at 6:07 PM
finance.yahoo.com logoMimecast Report: Incumbent Email Security Solutions Missing Millions of Email Threats
finance.yahoo.com - February 14 at 8:06 PM
nasdaq.com logoMimecast Combats Rise of Internal Email Threats with Industry-First Purpose-Built Cloud Security Service - Nasdaq
www.nasdaq.com - February 13 at 7:39 PM
finance.yahoo.com logoMimecast Combats Rise of Internal Email Threats with Industry-First Purpose-Built Cloud Security Service
finance.yahoo.com - February 13 at 10:21 AM
streetinsider.com logoMimecast Limited (MIME) PT Raised to $27 at Oppenheimer Following 3Q - StreetInsider.com
www.streetinsider.com - February 11 at 6:39 PM
globenewswire.com logoMimecast Announces Third Quarter 2017 Financial Results - GlobeNewswire (press release)
globenewswire.com - February 10 at 7:24 PM
streetinsider.com logoMimecast Limited (MIME) Reports In-Line Q3 EPS - StreetInsider.com
www.streetinsider.com - February 10 at 7:24 PM
streetinsider.com logoMimecast Limited (MIME) PT Raised to $30 at Jefferies - StreetInsider.com
www.streetinsider.com - February 10 at 7:24 PM
finance.yahoo.com logoEdited Transcript of MIME earnings conference call or presentation 9-Feb-17 9:30pm GMT
finance.yahoo.com - February 10 at 5:37 AM
biz.yahoo.com logoQ3 2017 Mimecast Ltd Earnings Release - After Market Close
us.rd.yahoo.com - February 9 at 7:34 PM
finance.yahoo.com logoMimecast Announces Third Quarter 2017 Financial Results
finance.yahoo.com - February 9 at 7:34 PM
finance.yahoo.com logo4:12 pm Mimecast reports EPS in-line, beats on revs; guides Q4 revs above consensus
finance.yahoo.com - February 9 at 7:34 PM
nasdaq.com logoMimecast Earns Business Continuity Certification for ISO 22301 ... - Nasdaq
www.nasdaq.com - February 8 at 7:23 PM
finance.yahoo.com logoMimecast Earns Business Continuity Certification for ISO 22301:2012
finance.yahoo.com - February 8 at 7:23 PM
nasdaq.com logoMimecast Enhances Cyber Resilience Capabilities to Improve ... - Nasdaq
www.nasdaq.com - February 1 at 12:28 AM
finance.yahoo.com logoMimecast Enhances Cyber Resilience Capabilities to Improve Uptime for Organizations Facing Email Disruptions
finance.yahoo.com - January 31 at 7:27 PM

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Chart

Mimecast Ltd (MIME) Chart for Saturday, May, 27, 2017

This page was last updated on 5/27/2017 by MarketBeat.com Staff