Mimecast Stock Forecast, Price & News

Mimecast (NASDAQ:MIME) Frequently Asked Questions

Is Mimecast a buy right now?

15 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Mimecast in the last year. There are currently 5 hold ratings and 10 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Mimecast stock.
View analyst ratings for Mimecast or view top-rated stocks.

How has Mimecast's stock price been impacted by Coronavirus (COVID-19)?

Mimecast's stock was trading at $32.04 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, MIME stock has increased by 140.7% and is now trading at $77.11.
View which stocks have been most impacted by COVID-19.

Are investors shorting Mimecast?

Mimecast saw a decrease in short interest in the month of November. As of November 15th, there was short interest totaling 1,670,000 shares, a decrease of 30.1% from the October 31st total of 2,390,000 shares. Based on an average daily trading volume, of 891,900 shares, the short-interest ratio is currently 1.9 days. Approximately 2.7% of the shares of the company are short sold.
View Mimecast's Short Interest.

When is Mimecast's next earnings date?

Mimecast is scheduled to release its next quarterly earnings announcement on Wednesday, February 2nd 2022.
View our earnings forecast for Mimecast.

How were Mimecast's earnings last quarter?

Mimecast Limited (NASDAQ:MIME) issued its quarterly earnings results on Tuesday, November, 2nd. The technology company reported $0.40 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.18 by $0.22. Mimecast had a net margin of 7.99% and a trailing twelve-month return on equity of 10.84%. During the same quarter in the prior year, the business earned $0.17 earnings per share.
View Mimecast's earnings history.

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

Mimecast issued an update on its FY 2022 earnings guidance on Tuesday, November, 9th. The company provided EPS guidance of for the period. The company issued revenue guidance of $589.90 million-$593.60 million, compared to the consensus revenue estimate of $582 million.

What price target have analysts set for MIME?

15 Wall Street analysts have issued 1-year target prices for Mimecast's shares. Their forecasts range from $55.00 to $85.00. On average, they anticipate Mimecast's stock price to reach $73.47 in the next twelve months. This suggests that the stock has a possible downside of 4.7%.
View analysts' price targets for Mimecast or view top-rated stocks among Wall Street analysts.

Who are Mimecast's key executives?

Mimecast's management team includes the following people:

• Peter Cyril Bauer, Chairman & Chief Executive Officer
• Rafeal Edgar Brown, Chief Financial Officer
• Nathaniel Borenstein, Chief Scientist
• John J. Walsh, Senior VP-Engineering & Technical Operations
• Shahriar Rafimayeri, Chief Information Officer

What is Peter Bauer's approval rating as Mimecast's CEO?

177 employees have rated Mimecast CEO Peter Bauer on Glassdoor.com. Peter Bauer has an approval rating of 95% among Mimecast's employees. This puts Peter Bauer in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

Who are some of Mimecast's key competitors?

Some companies that are related to Mimecast include SS&C Technologies (SSNC), Splunk (SPLK), Take-Two Interactive Software (TTWO), NICE (NICE), Qualtrics International (XM), Nuance Communications (NUAN), Dynatrace (DT), Asana (ASAN), Ceridian HCM (CDAY), Check Point Software Technologies (CHKP), Paylocity (PCTY), NortonLifeLock (NLOK), Coupa Software (COUP), PTC (PTC) and Bentley Systems (BSY).
View all of MIME's 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 NVIDIA (NVDA), Intersect ENT (XENT), Alibaba Group (BABA), Square (SQ), Trade Desk (TTD), Proofpoint (PFPT), Advanced Micro Devices (AMD), Okta (OKTA), Splunk (SPLK) and Skyworks Solutions (SWKS).

When did Mimecast IPO?

(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 served as the underwriters for the IPO and Oppenheimer & Co. was co-manager.

What is Mimecast's stock symbol?

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

Who are Mimecast's major shareholders?

Mimecast's stock is owned by a number of institutional and retail investors. Top institutional investors include BlackRock Inc. (11.93%), Wellington Management Group LLP (4.52%), ArrowMark Colorado Holdings LLC (3.00%), Macquarie Group Ltd. (2.80%), Allianz Asset Management GmbH (2.13%) and Clal Insurance Enterprises Holdings Ltd (1.68%). Company insiders that own Mimecast stock include Alex ET Bender, Christopher Fitzgerald, Dino Dimarino, Hagi Schwartz, John J Walsh Jr, John J Walsh, Jr, Karen M Anderson, Neil Murray, Peter Bauer, Robert L Borden and Robert P Nault.
View institutional ownership trends for Mimecast.

Which institutional investors are selling Mimecast stock?

MIME stock was sold by a variety of institutional investors in the last quarter, including Clal Insurance Enterprises Holdings Ltd, Arrowstreet Capital Limited Partnership, ArrowMark Colorado Holdings LLC, Summit Trail Advisors LLC, Edmond DE Rothschild Holding S.A., Peregrine Capital Management LLC, Voya Investment Management LLC, and Goldman Sachs Group Inc.. Company insiders that have sold Mimecast company stock in the last year include Christopher Fitzgerald, Dino Dimarino, John J Walsh Jr, John J Walsh, Jr, Karen M Anderson, Neil Murray, Peter Bauer, and Robert L Borden.
View insider buying and selling activity for Mimecast or view top insider-selling stocks.

Which institutional investors are buying Mimecast stock?

MIME stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., Wellington Management Group LLP, Two Sigma Investments LP, Renaissance Technologies LLC, Frontier Capital Management Co. LLC, Two Sigma Advisers LP, Mak Capital One LLC, and Bank of New York Mellon Corp.
View insider buying and selling activity for Mimecast or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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What is Mimecast's stock price today?

One share of MIME stock can currently be purchased for approximately $77.11.

How much money does Mimecast make?

Mimecast has a market capitalization of $5.12 billion and generates $501.40 million in revenue each year. The technology company earns $29.75 million in net income (profit) each year or $0.66 on an earnings per share basis.

How many employees does Mimecast have?

Mimecast employs 1,765 workers across the globe.

What is Mimecast's official website?

The official website for Mimecast is www.mimecast.com.

Where are Mimecast's headquarters?

Mimecast is headquartered at ONE FINSBURY AVENUE, LONDON X0, EC2M 2PF.

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 447819965340 or via email at [email protected].