NASDAQ:MIMEMimecast Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Mimecast Ltd Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $40.68 -0.22 (-0.54 %) (As of 07/14/2020 12:03 PM ET) Add Compare Share Today's Range$39.71Now: $40.69▼$41.5550-Day Range$39.39MA: $42.59▼$44.6552-Week Range$25.14Now: $40.69▼$54.40Volume207,611 shsAverage Volume1.26 million shsMarket Capitalization$2.54 billionP/E RatioN/ADividend YieldN/ABeta1.24 ProfileAnalyst RatingsAdvanced ChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media Mimecast Limited, a email and data security company, provides cloud security and risk management services for corporate information and email. The company offers Mimecast Email Security services, including targeted threat protection services, such as URL Protect that addresses the threat from emails containing malicious links; Attachment Protect that reduces threat from weaponized or malware-laden attachments used in spear-phishing and other attacks; Impersonation Protect that gives protection from malware-less social engineering attacks; and Internal Email Protect, which allows customers to monitor, detect, and remediate security threats that originate from within their internal email systems. Its Mimecast Email Security services also comprise Secure Messaging for sharing sensitive information with external contacts through email; Large File Send that enables employees to create security and compliance risks when they turn to file sharing services; and Data Leak Prevention, which prevents the inadvertent or malicious loss of sensitive corporate data with advanced data leak prevention and content controls. In addition, the company offers Mimecast Mailbox Continuity, which protects email and data against the threat of downtime as a result of system failure, natural disasters, planned maintenance, system upgrades, and migrations; and Mimecast Enterprise Information Archiving that offers cloud archive consolidation of inbound, outbound and internal email, files, and instant messaging in an archive, as well as incorporates legacy data from additional archives into the same searchable store. Further, it provides Service Bundles, a unified service managed from a single administration console; and Mimecast Mobile and Desktop Apps for mobile, PC, and Mac users to get self-service access to security features. The company sells its services through direct sales and channel partners. Mimecast Limited was founded in 2003 and is headquartered in London, the United Kingdom.Read More Beat the Market (BTM) Rank™ 4.4 Analyst's Opinion Consensus RatingMimecast has received a consensus rating of Buy. The company's average rating score is 2.81, and is based on 13 buy ratings, 3 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $53.44, Mimecast has a potential upside of 30.9% from its current price of $40.82.Amount of Analyst CoverageMimecast has been the subject of 9 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 3.5 Community Rank Outperform VotesMimecast has received 682 “outperform” votes. (Add your “outperform” vote.)Underperform VotesMimecast has received 303 “underperform” votes. (Add your “underperform” vote.)Community SentimentMimecast has received 69.24% “outperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about Mimecast and other stocks. Vote “Outperform” if you believe MIME will outperform the S&P 500 over the long term. Vote “Underperform” if you believe MIME will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 0.0 Dividend Strength Dividend YieldMimecast does not currently pay a dividend.Dividend GrowthMimecast does not have a long track record of dividend growth. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Mimecast insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $16,640,892.00 in company stock.Percentage Held by InsidersOnly 11.60% of the stock of Mimecast is held by insiders.Percentage Held by Institutions79.10% of the stock of Mimecast is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Mimecast are expected to grow by 183.33% in the coming year, from $0.06 to $0.17 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Mimecast is -1,020.50, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Mimecast is -1,020.50, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Growth RatioMimecast has a PEG Ratio of 27.04. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioMimecast has a P/B Ratio of 11.00. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 4.4Community Rank: 3.5Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 1.9 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.16 out of 5 stars Industry, Sector and Symbol Stock Exchange NASDAQ Industry Prepackaged software Sub-IndustryN/A SectorComputer and Technology Current SymbolNASDAQ:MIME Previous Symbol CUSIPN/A CIK1644675 Webwww.mimecast.com Phone44-78-1996-5340Debt Debt-to-Equity Ratio0.37 Current Ratio1.04 Quick Ratio1.04Price-To-Earnings Trailing P/E RatioN/A Forward P/E Ratio678.08 P/E Growth27.04 Sales & Book Value Annual Sales$426.96 million Price / Sales5.96 Cash Flow$0.64 per share Price / Cash Flow63.36 Book Value$3.71 per share Price / Book10.97Profitability EPS (Most Recent Fiscal Year)N/A Net Income$-2,200,000.00 Net Margins-0.52% Return on Equity0.61% Return on Assets0.19%Miscellaneous Employees1,800 Outstanding Shares62,520,000Market Cap$2.54 billion Next Earnings Date8/3/2020 (Confirmed) OptionableOptionable NASDAQ:MIME Rates by TradingView 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. Mimecast (NASDAQ:MIME) Frequently Asked Questions How has Mimecast's stock been impacted by COVID-19 (Coronavirus)? 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 27.4% and is now trading at $40.82. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of Mimecast? 16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Mimecast in the last year. There are currently 3 hold ratings and 13 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Mimecast. When is Mimecast's next earnings date? Mimecast is scheduled to release its next quarterly earnings announcement on Monday, August 3rd 2020. View our earnings forecast for Mimecast. How were Mimecast's earnings last quarter? Mimecast Ltd (NASDAQ:MIME) issued its earnings results on Monday, May, 11th. The technology company reported $0.15 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.12 by $0.03. The technology company earned $114.20 million during the quarter, compared to analysts' expectations of $112.39 million. Mimecast had a negative net margin of 0.52% and a positive return on equity of 0.61%. The business's revenue was up 24.1% compared to the same quarter last year. During the same period in the previous year, the company posted $0.07 EPS. View Mimecast's earnings history. What guidance has Mimecast issued on next quarter's earnings? Mimecast issued an update on its first quarter 2021 After-Hours earnings guidance on Monday, May, 11th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $112.8-113.8 million, compared to the consensus revenue estimate of $112.63 million. What price target have analysts set for MIME? 16 brokers have issued 12-month price targets for Mimecast's shares. Their forecasts range from $38.00 to $73.00. On average, they expect Mimecast's share price to reach $53.44 in the next year. This suggests a possible upside of 30.9% from the stock's current price. View analysts' price targets for Mimecast. What are Wall Street analysts saying about Mimecast stock? Here are some recent quotes from research analysts about Mimecast 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. " (7/2/2020) 2. Robert W. Baird analysts commented, "We continue to see a strong fundamental story driven by leading technology positioning, strong execution and large legacy share gain opportunities." (8/6/2019) Has Mimecast been receiving favorable news coverage? Headlines about MIME stock have been trending somewhat positive this week, according to InfoTrie Sentiment Analysis. InfoTrie scores the sentiment of media coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Mimecast earned a media sentiment score of 1.8 on InfoTrie's scale. They also assigned press coverage about the technology company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the company's share price in the near future. View the latest news about Mimecast. Are investors shorting Mimecast? Mimecast saw a increase in short interest in the month of June. As of June 30th, there was short interest totaling 1,370,000 shares, an increase of 22.3% from the June 15th total of 1,120,000 shares. Based on an average trading volume of 952,700 shares, the days-to-cover ratio is presently 1.4 days. Currently, 2.4% of the shares of the stock are short sold. View Mimecast's Current Options Chain. Who are some of Mimecast's key competitors? Some companies that are related to Mimecast include UBISOFT ENTMT S/ADR (UBSFY), Avalara (AVLR), HubSpot (HUBS), Guidewire Software (GWRE), Dropbox (DBX), PTC (PTC), Fastly (FSLY), Trend Micro (TMICY), Elastic (ESTC), Paylocity (PCTY), Nuance Communications (NUAN), Anaplan (PLAN), RealPage (RP), Smartsheet (SMAR) and Bill.com (BILL). View all 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 Intersect ENT (XENT), NVIDIA (NVDA), Alibaba Group (BABA), Okta (OKTA), Trade Desk (TTD), Adobe (ADBE), Netflix (NFLX), SEASPAN CORP/SH SH (SSW), Paypal (PYPL) and Advanced Micro Devices (AMD). Who are Mimecast's key executives? Mimecast's management team includes the following people: Mr. Peter Bauer, Co-Founder, Chairman & CEO (Age 45)Mr. Edward V. Jennings, Chief Operating Officer (Age 49)Mr. Robert P. Nault, Sr. VP, Gen. Counsel & Sec. (Age 55)Ms. Janet Bishop Levesque, Sr. VP of Systems, Risk & Security (Age 52)Mr. Peter Campbell, Consultant (Age 55) 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 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. 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 many different institutional and retail investors. Top institutional shareholders include Envestnet Asset Management Inc. (0.03%). Company insiders that own Mimecast stock include Christopher Fitzgerald, Edward Vincent Jennings, Hagi Schwartz, Janet Bishop-Levesque, John J Walsh Jr, John J Walsh, Jr, Neil Murray, Peter Andrew James Campbell, Peter Bauer and Robert P Nault. View institutional ownership trends for Mimecast. Which institutional investors are buying Mimecast stock? MIME stock was purchased by a variety of institutional investors in the last quarter, including Envestnet Asset Management Inc.. View insider buying and selling activity for Mimecast. 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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. What is Mimecast's stock price today? One share of MIME stock can currently be purchased for approximately $40.82. How big of a company is Mimecast? Mimecast has a market capitalization of $2.55 billion and generates $426.96 million in revenue each year. Mimecast employs 1,800 workers across the globe. What is Mimecast's official website? The official website for Mimecast is www.mimecast.com. How can I contact Mimecast? Mimecast's mailing address is 1 Finsbury Avenue, London X0, EC2M 2PF. The technology company can be reached via phone at 44-78-1996-5340 or via email at [email protected] This page was last updated on 7/14/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your Risk-Free Trial Subscription Here Questions? Get Started with MarketBeat — Read Your Daily NewsletterCheck Out My MarketBeatWatch Our Tutorial VideosAdd a Stock to Your WatchlistSet Up an Instant AlertView a Company's Profile PageView Our Financial CalendarsView Today's Analyst Ratings
