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

$30.53 -0.17 (-0.55 %)
(As of 11/24/2017 04:00 PM ET)
Previous Close$30.70
Today's Range$30.23 - $30.77
52-Week Range$16.75 - $32.00
Volume78,722 shs
Average Volume295,250 shs
Market Capitalization$1.76 billion
P/E RatioN/A
Dividend YieldN/A
Beta0.65

About Mimecast Limited (NASDAQ:MIME)

Mimecast Limited 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.

Receive MIME News and Ratings via Email

Sign-up to receive the latest news and ratings for MIME and its competitors with MarketBeat's FREE daily newsletter.

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 Ratio0.32%
Current Ratio1.42%
Quick Ratio1.42%

Price-To-Earnings

Trailing P/E RatioN/A
Forward P/E RatioN/A
P/E GrowthN/A

Sales & Book Value

Annual Sales$186.56 million
Price / Sales9.38
Cash Flow$0.12 per share
Price / Cash262.81
Book Value$1.58 per share
Price / Book19.32

Profitability

Trailing EPS($0.16)
Net Income$-5,440,000.00
Net Margins-4.16%
Return on Equity-11.28%
Return on Assets-4.30%

Miscellaneous

Employees957
Outstanding Shares57,320,000

Frequently Asked Questions for Mimecast Limited (NASDAQ:MIME)

What is Mimecast Limited's stock symbol?

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

How were Mimecast Limited's earnings last quarter?

Mimecast Limited (NASDAQ:MIME) issued its quarterly earnings results on Monday, August, 7th. The technology company reported $0.01 EPS for the quarter, beating analysts' consensus estimates of ($0.04) by $0.05. The technology company earned $58.16 million during the quarter, compared to the consensus estimate of $54.96 million. Mimecast Limited had a negative return on equity of 11.28% and a negative net margin of 4.16%. Mimecast Limited's revenue for the quarter was up 40.3% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.04 earnings per share. View Mimecast Limited's Earnings History.

When will Mimecast Limited make its next earnings announcement?

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

Where is Mimecast Limited's stock going? Where will Mimecast Limited's stock price be in 2017?

13 Wall Street analysts have issued 1 year price targets for Mimecast Limited's stock. Their predictions range from $24.00 to $38.00. On average, they anticipate Mimecast Limited's stock price to reach $32.83 in the next year. View Analyst Ratings for Mimecast Limited.

What are Wall Street analysts saying about Mimecast Limited stock?

Here are some recent quotes from research analysts about Mimecast Limited 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. " (11/14/2017)
  • 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)

Who are some of Mimecast Limited's key competitors?

Who are Mimecast Limited's key executives?

Mimecast Limited'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 43)
  • Hagi Schwartz, Non-Executive Director (Age 53)

When did Mimecast Limited IPO?

(MIME) raised $86 million in an initial public offering (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 served as the underwriters for the IPO and Oppenheimer & Co. was co-manager.

Who owns Mimecast Limited stock?

Mimecast Limited's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Brown Advisory Inc. (2.92%), Columbus Circle Investors (1.73%), Granahan Investment Management Inc. MA (1.02%), Peregrine Capital Management LLC (1.01%), Stephens Investment Management Group LLC (0.90%) and Frontier Capital Management Co. LLC (0.74%). View Institutional Ownership Trends for Mimecast Limited.

Who sold Mimecast Limited stock? Who is selling Mimecast Limited stock?

Mimecast Limited's stock was sold by a variety of institutional investors in the last quarter, including Cortina Asset Management LLC, Gilder Gagnon Howe & Co. LLC, Bank of New York Mellon Corp, Ameriprise Financial Inc., Essex Investment Management Co. LLC, Citadel Advisors LLC, Wells Fargo & Company MN and Stephens Investment Management Group LLC. View Insider Buying and Selling for Mimecast Limited.

Who bought Mimecast Limited stock? Who is buying Mimecast Limited stock?

Mimecast Limited's stock was purchased by a variety of institutional investors in the last quarter, including Brown Advisory Inc., Columbus Circle Investors, TCW Group Inc., JPMorgan Chase & Co., First Trust Advisors LP, New York State Common Retirement Fund, Tygh Capital Management Inc. and American Century Companies Inc.. View Insider Buying and Selling for Mimecast Limited.

How do I buy Mimecast Limited stock?

Shares of Mimecast Limited 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 Limited's stock price today?

One share of Mimecast Limited stock can currently be purchased for approximately $30.53.

How big of a company is Mimecast Limited?

Mimecast Limited has a market capitalization of $1.76 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 ($0.16) on an earnings per share basis. Mimecast Limited employs 957 workers across the globe.

How can I contact Mimecast Limited?

Mimecast Limited'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 Limited (MIME)

Community Ranking:  3.4 out of 5 (star star star)
Outperform Votes:  200 (Vote Outperform)
Underperform Votes:  97 (Vote Underperform)
Total Votes:  297
MarketBeat's community ratings are surveys of what our community members think about Mimecast Limited 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

Analysts' Consensus Rating for Mimecast Limited (NASDAQ:MIME)

  (How are Consensus Ratings Calculated?)
Today30 Days Ago90 Days Ago180 Days Ago
Consensus Rating: BuyBuyBuyBuy
Consensus Rating Score: 2.802.802.752.85
Ratings Breakdown: 1 Sell Rating(s)
1 Hold Rating(s)
13 Buy Rating(s)
0 Strong Buy Rating(s)
1 Sell Rating(s)
1 Hold Rating(s)
13 Buy Rating(s)
0 Strong Buy Rating(s)
1 Sell Rating(s)
2 Hold Rating(s)
13 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)
Consensus Price Target: $32.83$31.08$29.50$25.50
Price Target Upside: 9.52% upside1.05% upside1.34% upside6.25% upside

Consensus Price Target History for Mimecast Limited (NASDAQ:MIME)

Price Target History for Mimecast Limited (NASDAQ:MIME)

Analysts' Ratings History for Mimecast Limited (NASDAQ:MIME)

Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
11/10/2017Jefferies Group LLCReiterated RatingBuy$38.00N/AView Rating Details
11/9/2017Barclays PLCBoost Price TargetOverweight$31.00 -> $34.00N/AView Rating Details
11/9/2017Oppenheimer Holdings, Inc.Reiterated RatingBuy$32.00 -> $35.00N/AView Rating Details
11/9/2017Royal Bank Of CanadaReiterated RatingOutperform -> Outperform$33.00 -> $37.00N/AView Rating Details
11/6/2017Dougherty & CoBoost Price TargetBuy -> Buy$32.00 -> $36.00N/AView Rating Details
9/12/2017Needham & Company LLCReiterated RatingBuy$35.00LowView Rating Details
8/9/2017J P Morgan Chase & CoReiterated RatingOverweight$32.00 -> $36.00HighView Rating Details
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
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 Group, Inc. (The)DowngradeBuy -> Neutral$12.00 -> $10.50N/AView Rating Details
(Data available from 11/24/2015 forward)

Earnings

Earnings History and Estimates Chart for Mimecast Limited (NASDAQ:MIME)

Earnings by Quarter for Mimecast Limited (NASDAQ:MIME)

Earnings History by Quarter for Mimecast Limited (NASDAQ MIME)

DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
2/8/2018        
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
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Mimecast Limited (NASDAQ:MIME)
2017 EPS Consensus Estimate: ($0.13)
2018 EPS Consensus Estimate: ($0.20)
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 20182($0.07)$0.00($0.04)
Q3 20181($0.05)($0.05)($0.05)
Q4 20182($0.06)($0.02)($0.04)
(Data provided by Zacks Investment Research)

Dividends

Dividend History for Mimecast Limited (NASDAQ:MIME)

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

Insider Trades

Insider Trading History for Mimecast Limited (NASDAQ MIME)

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

Headlines

Latest Headlines for Mimecast Limited (NASDAQ MIME)

Source:
DateHeadline
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
$0.02 Earnings Per Share Expected for Mimecast Limited (MIME) This Quarter$0.02 Earnings Per Share Expected for Mimecast Limited (MIME) This Quarter
www.americanbankingnews.com - November 12 at 5:42 PM
Mimecast Limited (MIME) Stock Rating Reaffirmed by Jefferies Group LLCMimecast Limited (MIME) Stock Rating Reaffirmed by Jefferies Group LLC
www.americanbankingnews.com - November 10 at 9:56 PM
Barclays PLC Raises Mimecast Limited (MIME) Price Target to $34.00Barclays PLC Raises Mimecast Limited (MIME) Price Target to $34.00
www.americanbankingnews.com - November 9 at 8:54 PM
Mimecast Limited (MIME) Given Buy Rating at Oppenheimer Holdings, Inc.Mimecast Limited (MIME) Given Buy Rating at Oppenheimer Holdings, Inc.
www.americanbankingnews.com - November 9 at 1:45 PM
BRIEF-Mimecast Q2 non-GAAP earnings per share $0.00BRIEF-Mimecast Q2 non-GAAP earnings per share $0.00
www.reuters.com - November 9 at 5:02 AM
Mimecast Limited: Mimecast Completes SOC 2 Type II AttestationMimecast Limited: Mimecast Completes SOC 2 Type II Attestation
www.finanznachrichten.de - November 9 at 5:02 AM
Mimecasts (MIME) CEO Peter Bauer on Q2 2018 Results - Earnings Call TranscriptMimecast's (MIME) CEO Peter Bauer on Q2 2018 Results - Earnings Call Transcript
seekingalpha.com - November 9 at 5:02 AM
Mimecast Completes SOC 2 Type II AttestationMimecast Completes SOC 2 Type II Attestation
finance.yahoo.com - November 9 at 5:02 AM
Mimecast Welcomes Gerri Elliott to Board of DirectorsMimecast Welcomes Gerri Elliott to Board of Directors
finance.yahoo.com - November 9 at 5:02 AM
Mimecast Announces Second Quarter 2018 Financial ResultsMimecast Announces Second Quarter 2018 Financial Results
finance.yahoo.com - November 9 at 5:02 AM
Mimecast reports 2Q lossMimecast reports 2Q loss
finance.yahoo.com - November 9 at 5:02 AM
Edited Transcript of MIME earnings conference call or presentation 8-Nov-17 9:30pm GMTEdited Transcript of MIME earnings conference call or presentation 8-Nov-17 9:30pm GMT
finance.yahoo.com - November 9 at 5:02 AM
Dougherty & Co Increases Mimecast Limited (MIME) Price Target to $36.00Dougherty & Co Increases Mimecast Limited (MIME) Price Target to $36.00
www.americanbankingnews.com - November 6 at 1:42 PM
Critical Comparison: Palo Alto Networks (PANW) versus Mimecast Limited (MIME)Critical Comparison: Palo Alto Networks (PANW) versus Mimecast Limited (MIME)
www.americanbankingnews.com - November 5 at 9:12 PM
Mimecast to Present at the UBS Global Technology Conference - GlobeNewswire (press release)Mimecast to Present at the UBS Global Technology Conference - GlobeNewswire (press release)
globenewswire.com - November 3 at 10:57 PM
Mimecast to Present at the UBS Global Technology ConferenceMimecast to Present at the UBS Global Technology Conference
finance.yahoo.com - November 3 at 5:51 PM
Mimecast Named a Leader in the Gartner Magic Quadrant for Enterprise Information Archiving, Again - GlobeNewswire (press release)Mimecast Named a Leader in the Gartner Magic Quadrant for Enterprise Information Archiving, Again - GlobeNewswire (press release)
globenewswire.com - November 2 at 6:26 AM
Mimecast Named a Leader in the Gartner Magic Quadrant for Enterprise Information Archiving, AgainMimecast Named a Leader in the Gartner Magic Quadrant for Enterprise Information Archiving, Again
finance.yahoo.com - November 2 at 6:26 AM
Mimecast Limited (MIME) Given Average Recommendation of "Buy" by BrokeragesMimecast Limited (MIME) Given Average Recommendation of "Buy" by Brokerages
www.americanbankingnews.com - November 1 at 3:40 PM
Mimecast Limited (MIME) Set to Announce Quarterly Earnings on WednesdayMimecast Limited (MIME) Set to Announce Quarterly Earnings on Wednesday
www.americanbankingnews.com - November 1 at 7:46 AM
ETFs with exposure to Mimecast Ltd. (Jersey) : October 25, 2017ETFs with exposure to Mimecast Ltd. (Jersey) : October 25, 2017
finance.yahoo.com - October 27 at 7:18 AM
 Analysts Anticipate Mimecast Limited (MIME) Will Post Quarterly Sales of $60.05 Million Analysts Anticipate Mimecast Limited (MIME) Will Post Quarterly Sales of $60.05 Million
www.americanbankingnews.com - October 25 at 9:14 AM
 Brokerages Anticipate Mimecast Limited (MIME) Will Post Earnings of $0.02 Per Share Brokerages Anticipate Mimecast Limited (MIME) Will Post Earnings of $0.02 Per Share
www.americanbankingnews.com - October 23 at 4:30 PM
Mimecast Limited (MIME) Earns Buy Rating from Royal Bank Of CanadaMimecast Limited (MIME) Earns Buy Rating from Royal Bank Of Canada
www.americanbankingnews.com - October 18 at 11:38 AM
Mimecast to Report Second Quarter 2018 Financial Results on November 8, 2017 - GlobeNewswire (press release)Mimecast to Report Second Quarter 2018 Financial Results on November 8, 2017 - GlobeNewswire (press release)
globenewswire.com - October 14 at 3:16 AM
Mimecast to Report Second Quarter 2018 Financial Results on November 8, 2017Mimecast to Report Second Quarter 2018 Financial Results on November 8, 2017
finance.yahoo.com - October 14 at 3:16 AM
ETFs with exposure to Mimecast Ltd. (Jersey) : October 12, 2017ETFs with exposure to Mimecast Ltd. (Jersey) : October 12, 2017
finance.yahoo.com - October 13 at 6:52 AM
Mimecast Limited (MIME) Downgraded by Zacks Investment Research to "Sell"Mimecast Limited (MIME) Downgraded by Zacks Investment Research to "Sell"
www.americanbankingnews.com - October 10 at 6:56 AM
Mimecast Launches the Markets Leading Multipurpose Archive SolutionMimecast Launches the Market's Leading Multipurpose Archive Solution
finance.yahoo.com - October 10 at 2:15 AM
Mimecast Limited (MIME) Given Consensus Recommendation of "Buy" by BrokeragesMimecast Limited (MIME) Given Consensus Recommendation of "Buy" by Brokerages
www.americanbankingnews.com - October 7 at 4:34 PM
Mimecast Limited (MIME) Expected to Post Quarterly Sales of $60.05 MillionMimecast Limited (MIME) Expected to Post Quarterly Sales of $60.05 Million
www.americanbankingnews.com - October 6 at 5:12 AM
$0.02 EPS Expected for Mimecast Limited (MIME) This Quarter$0.02 EPS Expected for Mimecast Limited (MIME) This Quarter
www.americanbankingnews.com - October 4 at 10:24 PM
Mimecast to expand into Germany with local customer support and data residency - GlobeNewswire (press release)Mimecast to expand into Germany with local customer support and data residency - GlobeNewswire (press release)
globenewswire.com - October 4 at 7:56 AM
Mimecast to expand into Germany with local customer support and data residencyMimecast to expand into Germany with local customer support and data residency
feeds.benzinga.com - October 4 at 2:19 AM
ETFs with exposure to Mimecast Ltd. (Jersey) : September 27, 2017ETFs with exposure to Mimecast Ltd. (Jersey) : September 27, 2017
finance.yahoo.com - October 2 at 11:51 AM
Cramer’s Exec Cut: The benefits and dangers of advancing ...Cramer’s Exec Cut: The benefits and dangers of advancing ...
finance.yahoo.com - September 23 at 8:12 AM
Hackers know humans are 'weakest links': Mimecast CEOHackers know humans are 'weakest links': Mimecast CEO
finance.yahoo.com - September 22 at 5:33 AM
Mimecast Ltd. (Jersey) breached its 50 day moving average in a Bearish Manner : MIME-US : September 18, 2017Mimecast Ltd. (Jersey) breached its 50 day moving average in a Bearish Manner : MIME-US : September 18, 2017
finance.yahoo.com - September 18 at 10:08 PM
Mimecast Ltd. (Jersey) :MIME-US: Earnings Analysis: Q1, 2018 By the Numbers : September 18, 2017Mimecast Ltd. (Jersey) :MIME-US: Earnings Analysis: Q1, 2018 By the Numbers : September 18, 2017
finance.yahoo.com - September 18 at 10:08 PM
 Brokerages Anticipate Mimecast Limited (MIME) Will Post Quarterly Sales of $60.05 Million Brokerages Anticipate Mimecast Limited (MIME) Will Post Quarterly Sales of $60.05 Million
www.americanbankingnews.com - September 18 at 11:16 AM
Infosecurity North America Conference & Expo Announces New Speakers and Program AdditionsInfosecurity North America Conference & Expo Announces New Speakers and Program Additions
www.businesswire.com - September 13 at 6:33 AM
Mimecast Limiteds (MIME) "Buy" Rating Reaffirmed at Needham & Company LLCMimecast Limited's (MIME) "Buy" Rating Reaffirmed at Needham & Company LLC
www.americanbankingnews.com - September 12 at 5:08 PM
Mimecast Limited (MIME) Receives Average Rating of "Buy" from BrokeragesMimecast Limited (MIME) Receives Average Rating of "Buy" from Brokerages
www.americanbankingnews.com - September 12 at 4:48 PM
Mimecast Ltd. (Jersey) – Value Analysis (NASDAQ:MIME) : August 29, 2017Mimecast Ltd. (Jersey) – Value Analysis (NASDAQ:MIME) : August 29, 2017
finance.yahoo.com - August 29 at 1:28 AM
Mimecast Ltd. (Jersey) breached its 50 day moving average in a Bearish Manner : MIME-US : August 21, 2017Mimecast Ltd. (Jersey) breached its 50 day moving average in a Bearish Manner : MIME-US : August 21, 2017
finance.yahoo.com - August 21 at 7:56 PM
Oppenheimer Holdings Equities Analysts Lift Earnings Estimates for Mimecast Limited (NASDAQ:MIME)Oppenheimer Holdings Equities Analysts Lift Earnings Estimates for Mimecast Limited (NASDAQ:MIME)
www.americanbankingnews.com - August 11 at 2:52 PM

Social Media

Financials

Chart

Mimecast Limited (NASDAQ MIME) Chart for Friday, November, 24, 2017
Loading chart…

This page was last updated on 11/24/2017 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.