NASDAQ:MIME - Mimecast Stock Price, Forecast & News

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

Mimecast Ltd (NASDAQ:MIME) issued its earnings results on Thursday, November, 7th. The technology company reported $0.13 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.02 by $0.11. The technology company had revenue of $103.36 million for the quarter, compared to analysts' expectations of $101.63 million. Mimecast had a negative net margin of 1.67% and a negative return on equity of 0.82%. Mimecast's revenue was up 25.8% on a year-over-year basis. During the same quarter last year, the company posted $0.06 earnings per share. View Mimecast's Earnings History.

Mimecast is scheduled to release their next quarterly earnings announcement on Monday, February 10th 2020. View Earnings Estimates for Mimecast.

Mimecast will be holding an earnings conference call on Monday, February 10th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Mimecast issued an update on its FY 2020 After-Hours earnings guidance on Monday, November, 25th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $$420.8-425.3 million, compared to the consensus revenue estimate of $$419.31 million.

16 Wall Street analysts have issued 1-year target prices for Mimecast's stock. Their forecasts range from $46.00 to $65.00. On average, they anticipate Mimecast's stock price to reach $55.93 in the next twelve months. This suggests a possible upside of 11.9% from the stock's current price. View Analyst Price Targets for Mimecast.

16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Mimecast in the last year. There are currently 2 hold ratings and 14 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Mimecast.

News coverage about MIME stock has been trending positive recently, according to InfoTrie Sentiment. InfoTrie identifies positive and negative news coverage by analyzing more than six thousand news and blog sources. 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 news impact score of 3.0 on InfoTrie's scale. They also assigned media coverage about the technology company a news buzz of 5.0 out of 10, meaning that recent news coverage is somewhat likely to have an effect on the stock's share price in the near term. View News Stories for Mimecast.

Some companies that are related to Mimecast include Datadog (DDOG), Tyler Technologies (TYL), Temenos (TMNSF), Coupa Software (COUP), Ceridian HCM (CDAY), Black Knight (BKI), Guidewire Software (GWRE), PTC (PTC), Mongodb (MDB), UBISOFT ENTMT S/ADR (UBSFY), Alteryx (AYX), HubSpot (HUBS), Momo (MOMO), Paylocity (PCTY) and Anaplan (PLAN).

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), Square (SQ), Mongodb (MDB), Paypal (PYPL), Alibaba Group (BABA), Twilio (TWLO) and Skyworks Solutions (SWKS).

(MIME) raised $86 million in an initial public offering 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.

Mimecast's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Peregrine Capital Management LLC (0.68%), Mirador Capital Partners LP (0.03%) and Alpine Global Management LLC (0.01%). 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 Mirador Capital Partners LP and Peregrine Capital 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, Peter Bauer and Robert P Nault. View Insider Buying and Selling for Mimecast.

MIME stock was bought by a variety of institutional investors in the last quarter, including Alpine Global Management LLC. 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 $49.97.

Mimecast has a market capitalization of $3.10 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]