Mimecast Stock Price, News & Analysis (NASDAQ:MIME)

$34.01 -0.11 (-0.32 %)
(As of 02/22/2018 04:00 PM ET)
Previous Close$34.01
Today's Range$33.69 - $34.68
52-Week Range$19.14 - $35.05
Volume348,201 shs
Average Volume341,603 shs
Market Capitalization$1.98 billion
P/E Ratio-226.72
Dividend YieldN/A
Beta0.47

About Mimecast (NASDAQ:MIME)

Mimecast 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.

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Industry, Sector and Symbol

Industry Internet Security & Transactions Services
Sub-IndustryN/A
SectorComputer and Technology
SymbolNASDAQ:MIME
CUSIPN/A
Phone44-20-7847-8700

Debt

Debt-to-Equity Ratio0.41%
Current Ratio1.39%
Quick Ratio1.39%

Price-To-Earnings

Trailing P/E Ratio-226.718218785414
Forward P/E Ratio-200.06
P/E GrowthN/A

Sales & Book Value

Annual Sales$186.56 million
Price / Sales10.54
Cash Flow$0.12 per share
Price / Cash293.80
Book Value$1.67 per share
Price / Book20.37

Profitability

Trailing EPS($0.15)
Net Income$-5,440,000.00
Net Margins-3.51%
Return on Equity-9.88%
Return on Assets-3.52%

Miscellaneous

Employees957
Outstanding Shares57,810,000

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) posted its quarterly earnings results on Monday, February, 12th. The technology company reported $0.03 EPS for the quarter, topping analysts' consensus estimates of $0.02 by $0.01. The technology company had revenue of $67.30 million for the quarter, compared to analysts' expectations of $64.92 million. Mimecast had a negative net margin of 3.51% and a negative return on equity of 9.88%. The company's revenue for the quarter was up 39.3% compared to the same quarter last year. View Mimecast's Earnings History.

When will Mimecast make its next earnings announcement?

Mimecast is scheduled to release their next quarterly earnings announcement on Tuesday, May, 8th 2018. View Earnings Estimates for Mimecast.

Where is Mimecast's stock going? Where will Mimecast's stock price be in 2018?

12 equities research analysts have issued 1 year price objectives for Mimecast's stock. Their forecasts range from $30.00 to $40.00. On average, they expect Mimecast's stock price to reach $36.00 in the next twelve months. View Analyst Ratings for Mimecast.

Who are some of Mimecast's key competitors?

Who are Mimecast's key executives?

Mimecast's management team includes the folowing people:

  • Peter Bauer, Chairman of the Board, Chief Executive Officer (Age 41)
  • Ed Jennings, Chief Operating Officer (Age 45)
  • Neil Murray, Chief Technology Officer, Director (Age 48)
  • Bernard Dalle, Non-Executive Director (Age 48)
  • Norman Fiore, Non-Executive Director (Age 46)
  • Christopher F. FitzGerald, Lead independent Non-Executive Director (Age 70)
  • Jeffrey Lieberman, Non-Executive Director (Age 44)
  • Hagi Schwartz, Non-Executive Director (Age 53)

When did Mimecast 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 acted as the underwriters for the IPO and Oppenheimer & Co. was co-manager.

Who owns Mimecast stock?

Mimecast's stock is owned by a number of of institutional and retail investors. Top institutional investors include Brown Advisory Inc. (3.45%), Renaissance Technologies LLC (1.94%), Garelick Capital Partners LP (1.19%), Peregrine Capital Management LLC (1.01%), Stephens Investment Management Group LLC (0.79%) and Arrowstreet Capital Limited Partnership (0.78%). View Institutional Ownership Trends for Mimecast.

Who sold Mimecast stock? Who is selling Mimecast stock?

Mimecast's stock was sold by a variety of institutional investors in the last quarter, including Driehaus Capital Management LLC, Two Sigma Investments LP, Frontier Capital Management Co. LLC, Gilder Gagnon Howe & Co. LLC, Stephens Investment Management Group LLC, Two Sigma Advisers LP, Deutsche Bank AG and Citadel Advisors LLC. View Insider Buying and Selling for Mimecast.

Who bought Mimecast stock? Who is buying Mimecast stock?

Mimecast's stock was acquired by a variety of institutional investors in the last quarter, including Garelick Capital Partners LP, Brown Advisory Inc., Renaissance Technologies LLC, Goldman Sachs Group Inc., Penn Capital Management Co. Inc., Next Century Growth Investors LLC, UBS Asset Management Americas Inc. and GW&K Investment Management LLC. View Insider Buying and Selling for Mimecast.

How do I buy Mimecast stock?

Shares of Mimecast 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, Scottrade, Fidelity and Charles Schwab.

What is Mimecast's stock price today?

One share of Mimecast stock can currently be purchased for approximately $34.01.

How big of a company is Mimecast?

Mimecast has a market capitalization of $1.98 billion and generates $186.56 million in revenue each year. The technology company earns $-5,440,000.00 in net income (profit) each year or ($0.15) on an earnings per share basis. Mimecast employs 957 workers across the globe.

How can I contact Mimecast?

Mimecast's mailing address is CityPoint One Ropemaker Street Moorgate, London X0, EC2Y 9AW. The technology company can be reached via phone at 44-20-7847-8700.


MarketBeat Community Rating for Mimecast (MIME)

Community Ranking:  3.2 out of 5 (star star star)
Outperform Votes:  232 (Vote Outperform)
Underperform Votes:  126 (Vote Underperform)
Total Votes:  358
MarketBeat's community ratings are surveys of what our community members think about Mimecast 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.

Analyst Ratings

Mimecast (NASDAQ:MIME) Analysts' Consensus Rating

  (How are Consensus Ratings Calculated?)
Today30 Days Ago90 Days Ago180 Days Ago
Consensus Rating: BuyBuyBuyBuy
Consensus Rating Score: 2.832.852.922.92
Ratings Breakdown: 0 Sell Rating(s)
2 Hold Rating(s)
10 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
2 Hold Rating(s)
11 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
1 Hold Rating(s)
12 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
1 Hold Rating(s)
12 Buy Rating(s)
0 Strong Buy Rating(s)
Consensus Price Target: $36.00$34.33$32.83$31.08
Price Target Upside: 8.37% upside17.26% upside6.05% upside6.78% upside

Mimecast (NASDAQ:MIME) Consensus Price Target History

Price Target History for Mimecast (NASDAQ:MIME)

Mimecast (NASDAQ:MIME) Analyst Ratings History

Show:
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
2/13/2018Royal Bank of CanadaReiterated RatingBuy$38.00LowView Rating Details
2/13/2018BarclaysBoost Price TargetOverweight -> Overweight$34.00 -> $36.00LowView Rating Details
2/13/2018Needham & Company LLCBoost Price TargetBuy -> Buy$38.00 -> $40.00HighView Rating Details
2/13/2018BMO Capital MarketsBoost Price TargetOutperform -> Outperform$35.00 -> $38.00HighView Rating Details
12/19/2017Deutsche BankInitiated CoverageBuy$35.00LowView Rating Details
12/18/2017OppenheimerReiterated RatingBuy$35.00LowView Rating Details
12/12/2017JPMorgan Chase & Co.DowngradeOverweight -> Neutral$35.00MediumView Rating Details
11/10/2017Jefferies GroupReiterated RatingBuy$38.00N/AView Rating Details
11/6/2017Dougherty & CoBoost Price TargetBuy -> Buy$32.00 -> $36.00N/AView Rating Details
5/10/2017BenchmarkBoost 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
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
4/15/2016Goldman Sachs GroupDowngradeBuy -> Neutral$12.00 -> $10.50N/AView Rating Details
(Data available from 2/22/2016 forward)

Earnings

Mimecast (NASDAQ:MIME) Earnings History and Estimates Chart

Earnings by Quarter for Mimecast (NASDAQ:MIME)

Mimecast (NASDAQ MIME) Earnings History by Quarter

DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/8/2018$0.01N/AView Earnings Details
2/12/2018Q3 2018$0.02$0.03$64.92 million$67.30 millionViewListenView Earnings Details
11/8/2017Q2 2018($0.03)($0.02)$60.05 million$63.07 millionViewN/AView Earnings Details
8/7/2017Q1 2018($0.04)$0.01$54.96 million$58.16 millionViewListenView Earnings Details
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
5/16/2016Q4 2016($0.08)($0.04)$35.77 million$36.88 millionViewN/AView Earnings Details
2/8/2016Q3 2016($0.06)($0.03)$35.77 million$37.13 millionViewN/AView Earnings Details
(Earnings results data provided by Zacks Investment Research)

Estimates

Mimecast (NASDAQ:MIME) Earnings Estimates

2018 EPS Consensus Estimate: ($0.24)
2019 EPS Consensus Estimate: ($0.07)
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20181($0.07)($0.07)($0.07)
Q2 20182($0.07)$0.00($0.04)
Q3 20181($0.05)($0.05)($0.05)
Q4 20182($0.12)($0.04)($0.08)
Q1 20192($0.04)($0.04)($0.04)
Q2 20192($0.04)($0.03)($0.04)
Q3 20192($0.02)$0.01($0.01)
Q4 20192($0.01)$0.04$0.02
(Earnings estimates data provided by Zacks Investment Research)

Dividends

Dividend History for Mimecast (NASDAQ:MIME)


No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading History for Mimecast (NASDAQ MIME)

No insider trades for this company have been tracked by MarketBeat.com

Headlines

Mimecast (NASDAQ MIME) News Headlines

Source:
DateHeadline
Mimecast (MIME) Price Target Increased to $38.00 by Analysts at BMO Capital MarketsMimecast (MIME) Price Target Increased to $38.00 by Analysts at BMO Capital Markets
www.americanbankingnews.com - February 18 at 10:54 PM
Needham & Company LLC Increases Mimecast (MIME) Price Target to $40.00Needham & Company LLC Increases Mimecast (MIME) Price Target to $40.00
www.americanbankingnews.com - February 18 at 7:00 PM
Mimecast (MIME) Stock Rating Upgraded by BidaskClubMimecast (MIME) Stock Rating Upgraded by BidaskClub
www.americanbankingnews.com - February 17 at 10:28 PM
FY2018 Earnings Estimate for Mimecast Ltd (MIME) Issued By OppenheimerFY2018 Earnings Estimate for Mimecast Ltd (MIME) Issued By Oppenheimer
www.americanbankingnews.com - February 16 at 11:34 AM
Mimecast Ltd (MIME) Expected to Post FY2018 Earnings of ($0.22) Per ShareMimecast Ltd (MIME) Expected to Post FY2018 Earnings of ($0.22) Per Share
www.americanbankingnews.com - February 16 at 11:34 AM
Q2 2019 Earnings Estimate for Mimecast Ltd (MIME) Issued By OppenheimerQ2 2019 Earnings Estimate for Mimecast Ltd (MIME) Issued By Oppenheimer
www.americanbankingnews.com - February 15 at 2:48 PM
Mimecast (MIME) Rating Reiterated by Royal Bank of CanadaMimecast (MIME) Rating Reiterated by Royal Bank of Canada
www.americanbankingnews.com - February 13 at 4:48 PM
Barclays Raises Mimecast (MIME) Price Target to $36.00Barclays Raises Mimecast (MIME) Price Target to $36.00
www.americanbankingnews.com - February 13 at 11:50 AM
Mimecast Doubles North American Presence with New Boston HeadquartersMimecast Doubles North American Presence with New Boston Headquarters
finance.yahoo.com - February 13 at 8:45 AM
Mimecast reports 3Q lossMimecast reports 3Q loss
finance.yahoo.com - February 13 at 8:45 AM
Mimecast Announces Third Quarter 2018 Financial ResultsMimecast Announces Third Quarter 2018 Financial Results
finance.yahoo.com - February 13 at 8:45 AM
Mimecast (MIME) Posts Quarterly  Earnings Results, Beats Estimates By $0.07 EPSMimecast (MIME) Posts Quarterly Earnings Results, Beats Estimates By $0.07 EPS
www.americanbankingnews.com - February 12 at 5:20 PM
Mimecast Ltd (MIME) Receives Average Recommendation of "Buy" from BrokeragesMimecast Ltd (MIME) Receives Average Recommendation of "Buy" from Brokerages
www.americanbankingnews.com - February 9 at 3:40 PM
Mimecast Ltd (MIME) Expected to Announce Quarterly Sales of $64.73 MillionMimecast Ltd (MIME) Expected to Announce Quarterly Sales of $64.73 Million
www.americanbankingnews.com - February 9 at 2:14 AM
Mimecast Commits to GDPR Compliance for CustomersMimecast Commits to GDPR Compliance for Customers
finance.yahoo.com - February 8 at 8:05 AM
Zacks: Brokerages Expect Mimecast Ltd (MIME) Will Announce Earnings of $0.02 Per ShareZacks: Brokerages Expect Mimecast Ltd (MIME) Will Announce Earnings of $0.02 Per Share
www.americanbankingnews.com - February 7 at 1:35 PM
Mimecast to Present at the Goldman Sachs Technology and Internet Conference 2018Mimecast to Present at the Goldman Sachs Technology and Internet Conference 2018
finance.yahoo.com - February 7 at 8:23 AM
Mimecast (MIME) Scheduled to Post Earnings on MondayMimecast (MIME) Scheduled to Post Earnings on Monday
www.americanbankingnews.com - February 5 at 4:34 AM
Mimecast Doubles Down on Cyber Resilience for Email with Two Key Executive AppointmentsMimecast Doubles Down on Cyber Resilience for Email with Two Key Executive Appointments
finance.yahoo.com - January 23 at 4:58 PM
Mimecast hire top security execs from RSA, Constant ContactMimecast hire top security execs from RSA, Constant Contact
finance.yahoo.com - January 23 at 4:58 PM
$64.73 Million in Sales Expected for Mimecast Ltd (MIME) This Quarter$64.73 Million in Sales Expected for Mimecast Ltd (MIME) This Quarter
www.americanbankingnews.com - January 23 at 8:06 AM
 Analysts Expect Mimecast Ltd (MIME) Will Post Earnings of $0.02 Per Share Analysts Expect Mimecast Ltd (MIME) Will Post Earnings of $0.02 Per Share
www.americanbankingnews.com - January 21 at 3:22 PM
Mimecast (MIME) Lowered to "Hold" at BidaskClubMimecast (MIME) Lowered to "Hold" at BidaskClub
www.americanbankingnews.com - January 20 at 9:48 AM
Mimecast Ltd (MIME) Receives Average Rating of "Buy" from AnalystsMimecast Ltd (MIME) Receives Average Rating of "Buy" from Analysts
www.americanbankingnews.com - January 15 at 4:10 PM
BidaskClub Upgrades Mimecast (MIME) to BuyBidaskClub Upgrades Mimecast (MIME) to Buy
www.americanbankingnews.com - January 14 at 11:10 PM
Mimecast to Report Third Quarter 2018 Financial Results on February 12, 2018Mimecast to Report Third Quarter 2018 Financial Results on February 12, 2018
finance.yahoo.com - January 11 at 9:42 AM
Mimecast Can Ride Coat-tails of Microsofts Office 365, Says BMOMimecast Can Ride Coat-tails of Microsoft's Office 365, Says BMO
finance.yahoo.com - January 6 at 9:25 AM
Mimecast (MIME) Receives New Coverage from Analysts at BMO Capital MarketsMimecast (MIME) Receives New Coverage from Analysts at BMO Capital Markets
www.americanbankingnews.com - January 5 at 7:28 AM
Mimecast (MIME) Upgraded to "Hold" at BidaskClubMimecast (MIME) Upgraded to "Hold" at BidaskClub
www.americanbankingnews.com - December 21 at 10:44 PM
Gray Powell cybersecurity - BenzingaGray Powell cybersecurity - Benzinga
www.benzinga.com - December 20 at 9:25 AM
Mimecast (NASDAQ:MIME): Why Deutsche Bank Rates This ... - BenzingaMimecast (NASDAQ:MIME): Why Deutsche Bank Rates This ... - Benzinga
www.benzinga.com - December 20 at 9:25 AM
Mimecast (MIME) Now Covered by Analysts at Deutsche BankMimecast (MIME) Now Covered by Analysts at Deutsche Bank
www.americanbankingnews.com - December 19 at 10:16 PM
Mimecast: Why Deutsche Bank Rates This Cybersecurity Play A BuyMimecast: Why Deutsche Bank Rates This Cybersecurity Play A Buy
finance.yahoo.com - December 19 at 5:24 PM
Mimecast Announces Stephen Ward to Join Board of DirectorsMimecast Announces Stephen Ward to Join Board of Directors
finance.yahoo.com - December 18 at 5:25 PM
Mimecast (MIME) Stock Rating Reaffirmed by OppenheimerMimecast (MIME) Stock Rating Reaffirmed by Oppenheimer
www.americanbankingnews.com - December 18 at 1:36 PM
Mimecast (MIME) Lowered to Neutral at J P Morgan Chase & CoMimecast (MIME) Lowered to Neutral at J P Morgan Chase & Co
www.americanbankingnews.com - December 18 at 12:20 AM
Mimecast (MIME) Lowered to "Sell" at BidaskClubMimecast (MIME) Lowered to "Sell" at BidaskClub
www.americanbankingnews.com - December 16 at 12:44 PM
New Research Reveals Healthcare Providers Consider Email a Top Attack VectorNew Research Reveals Healthcare Providers Consider Email a Top Attack Vector
finance.yahoo.com - December 12 at 9:51 AM
Mimecast Enters Oversold Territory (MIME)Mimecast Enters Oversold Territory (MIME)
www.nasdaq.com - December 6 at 5:27 PM
Cybercriminals Switching to Impersonation Attacks to Bypass Email Security SystemsCybercriminals Switching to Impersonation Attacks to Bypass Email Security Systems
finance.yahoo.com - December 5 at 10:04 AM
Mimecast to Present at the Barclays Global Technology, Media and Telecommunications Conference 2017Mimecast to Present at the Barclays Global Technology, Media and Telecommunications Conference 2017
finance.yahoo.com - December 1 at 4:46 PM
 Analysts Expect Mimecast Ltd (MIME) to Post $0.02 EPS Analysts Expect Mimecast Ltd (MIME) to Post $0.02 EPS
www.americanbankingnews.com - December 1 at 5:26 AM
Mimecast Ltd. (Jersey) breached its 50 day moving average in a Bearish Manner : MIME-US : November 28, 2017Mimecast Ltd. (Jersey) breached its 50 day moving average in a Bearish Manner : MIME-US : November 28, 2017
finance.yahoo.com - November 28 at 10:08 AM
Palo Alto Networks (PANW) and Mimecast (MIME) Financial ReviewPalo Alto Networks (PANW) and Mimecast (MIME) Financial Review
www.americanbankingnews.com - November 27 at 11:39 AM
Mimecast Ltd (MIME) Receives Consensus Recommendation of "Buy" from BrokeragesMimecast Ltd (MIME) Receives Consensus Recommendation of "Buy" from Brokerages
www.americanbankingnews.com - November 26 at 4:08 PM
Mimecast Limited (MIME) Rating Lowered to Sell at Zacks Investment ResearchMimecast Limited (MIME) Rating Lowered to Sell at Zacks Investment Research
www.americanbankingnews.com - November 25 at 10:12 PM
Mimecast: Accelerating Revenues Always A Good SignMimecast: Accelerating Revenues Always A Good Sign
seekingalpha.com - November 24 at 9:35 AM
Mimecast Named a Top Place to Work for 2017 by The Boston Globe - GlobeNewswire (press release)Mimecast Named a Top Place to Work for 2017 by The Boston Globe - GlobeNewswire (press release)
globenewswire.com - November 23 at 6:28 AM
Mimecast Named a Top Place to Work for 2017 by The Boston GlobeMimecast Named a Top Place to Work for 2017 by The Boston Globe
finance.yahoo.com - November 23 at 6:28 AM
Mimecast to Present at the Credit Suisse 21st Annual Technology, Media & Telecom ConferenceMimecast to Present at the Credit Suisse 21st Annual Technology, Media & Telecom Conference
finance.yahoo.com - November 17 at 4:35 PM

SEC Filings

Mimecast (NASDAQ:MIME) SEC Filings

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Social Media

Financials

Mimecast (NASDAQ:MIME) Income Statement, Balance Sheet and Cash Flow Statement

Chart

Mimecast (NASDAQ MIME) Stock Chart for Thursday, February, 22, 2018

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This page was last updated on 2/22/2018 by MarketBeat.com Staff

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