Mitcham Industries, Inc. is a provider of equipment to the geophysical, oceanographic and hydrographic industries. The Company operates through two segments. The Equipment Leasing segment is primarily engaged in the leasing of seismic equipment to companies in the oil and gas industry across the world. The Equipment Manufacturing and Sales segment is engaged in the design, production and sale of marine seismic equipment, and oceanographic and hydrographic equipment. Its leasing business includes Mitcham Canada ULC, Seismic Asia Pacific Pty Ltd., Mitcham Seismic Eurasia LLC, Mitcham Europe Ltd. and Mitcham Marine Leasing Pte. Ltd. The Equipment Manufacturing and Sales Segment includes its Seamap International Holdings Pte, Ltd. (Seamap) business and Klein Marine Systems, Inc. (Klein). Seamap designs, manufactures and sells a range of products for the seismic, hydrographic and offshore industries. Klein develops and manufactures high performance side scan sonar systems.
Industry, Sector and Symbol:
- Sector: Oils/Energy
- Industry: Oil Related Services and Equipment - NEC
- Sub-Industry: Oil & Gas Equipment & Services
- Symbol: NASDAQ:MIND
- CUSIP: 60650110
- Web: www.mitchamindustries.com
Capitalization:- Market Cap: $40.02 million
- Outstanding Shares: 12,089,000
Average Prices:- 50 Day Moving Avg: $4.01
- 200 Day Moving Avg: $4.44
- 52 Week Range: $2.65 - $5.14
P/E:- Trailing P/E Ratio: N/A
- P/E Growth: -0.20
Sales & Book Value:- Annual Revenue: $47.7 million
- Price / Sales: 0.92
- Book Value: $5.88 per share
- Price / Book: 0.62
Profitability:- EBIDTA: ($24,800,000.00)
- Net Margins: -61.58%
- Return on Equity: -36.70%
- Return on Assets: -29.47%
Debt:- Current Ratio: 4.83%
- Quick Ratio: 2.91%
Misc:- Average Volume: 42,735 shs.
- Beta: 1.36
- Short Ratio: 0.85
Frequently Asked Questions for Mitcham Industries (NASDAQ:MIND)
What is Mitcham Industries' stock symbol?
Mitcham Industries trades on the NASDAQ under the ticker symbol "MIND."
How were Mitcham Industries' earnings last quarter?
Mitcham Industries, Inc. (NASDAQ:MIND) issued its quarterly earnings data on Wednesday, June, 7th. The company reported ($0.24) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.46) by $0.22. The business had revenue of $18.43 million for the quarter, compared to analysts' expectations of $12.70 million. Mitcham Industries had a negative return on equity of 36.70% and a negative net margin of 61.58%. View Mitcham Industries' Earnings History.
When will Mitcham Industries make its next earnings announcement?
Who are some of Mitcham Industries' key competitors?
Some companies that are related to Mitcham Industries include Westmoreland Coal Company (WLB), Lonestar Resources US (LONE), VOC Energy Trust (VOC), Enphase Energy (ENPH), SandRidge Mississippian Trust II (SDR), Cobalt International Energy (CIE), Pacific Coast Oil Trust (ROYT), Profire Energy (PFIE), MV Oil Trust (MVO), Sundance Energy Australia (SNDE), Renesola (SOL), Vaalco Energy (EGY), Sunworks (SUNW), EXCO Resources NL (XCO), Petroquest Energy (PQ), Yingli Green Energy Holding Company Limited (YGE), SandRidge Mississippian Trust I (SDT) and Ion Geophysical Corporation (IO).
Who are Mitcham Industries' key executives?
Mitcham Industries' management team includes the folowing people:
- Robert P. Capps, Co-Chief Executive Officer and Executive Vice President -Finance and Chief Financial Officer, Director
- Guy Malden, Co-Chief Executive Officer and Executive Vice President of Marine Systems
- Mark A. Cox, Vice President - Finance and Accounting, Principal Accounting Officer
- Peter H. Blum, Non-Executive Independent Chairman of the Board
- Robert John Albers, Independent Director
- Thomas S. Glanville, Independent Director
- Randal Dean Lewis, Independent Director
- Marcus C. Rowland, Independent Director
How do I buy Mitcham Industries stock?
Shares of Mitcham Industries can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Mitcham Industries' stock price today?
One share of Mitcham Industries stock can currently be purchased for approximately $3.63.
MarketBeat Community Rating for Mitcham Industries (NASDAQ MIND)MarketBeat's community ratings are surveys of what our community members think about Mitcham Industries 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.
Consensus Ratings for Mitcham Industries (NASDAQ:MIND) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Ratings Breakdown: | No ratings tracked in the last 12 months. |
| Consensus Rating: | N/A (Score: NaN) |
| Consensus Price Target: | N/A |
Analysts' Ratings History for Mitcham Industries (NASDAQ:MIND)
Show:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 11/3/2015 | Seaport Global Securities | Downgrade | Accumulate -> Neutral | | N/A |  |
| 9/23/2015 | Sidoti | Upgrade | Neutral -> Buy | $6.00 | N/A | |
(Data available from 7/26/2015 forward)
Earnings History for Mitcham Industries (NASDAQ:MIND)Earnings History by Quarter for Mitcham Industries (NASDAQ MIND)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 9/5/2017 | | ($0.44) | | | | | N/A | |
| 6/7/2017 | Q1 2018 | ($0.46) | ($0.24) | $12.70 million | $18.43 million | View | Listen | |
| 4/5/2017 | Q4 2017 | ($0.43) | ($0.83) | $13.10 million | $12.55 million | View | Listen | |
| 12/7/2016 | Q317 | ($0.38) | ($0.62) | $12.90 million | $8.06 million | View | N/A | |
| 9/7/2016 | Q217 | ($0.49) | ($0.80) | $11.20 million | $8.70 million | View | N/A | |
| 6/8/2016 | Q117 | ($0.33) | ($0.53) | $13.45 million | $11.70 million | View | N/A | |
| 4/5/2016 | Q416 | ($0.36) | ($0.63) | $12.60 million | $11.44 million | View | N/A | |
| 12/8/2015 | Q3 | ($0.21) | ($0.35) | $17.15 million | $15.68 million | View | N/A | |
| 9/2/2015 | Q216 | ($0.25) | ($0.49) | $19.50 million | $7.60 million | View | N/A | |
| 6/2/2015 | Q116 | ($0.18) | ($0.02) | $17.70 million | $17.14 million | View | N/A | |
| 4/7/2015 | Q415 | ($0.36) | ($0.32) | $14.10 million | $14.96 million | View | N/A | |
| 12/9/2014 | Q315 | $0.05 | ($0.03) | $22.90 million | $22.91 million | View | N/A | |
| 9/3/2014 | Q2 15 | ($0.03) | ($0.26) | $23.50 million | $19.55 million | View | N/A | |
| 6/3/2014 | Q4 14 | $0.31 | $0.29 | $27.90 million | $25.73 million | View | N/A | |
| 4/2/2014 | Q414 | $0.20 | $0.14 | $26.95 million | $23.60 million | View | N/A | |
| 12/10/2013 | Q314 | ($0.01) | ($0.14) | $21.15 million | $20.30 million | View | Listen | |
| 9/4/2013 | Q2 2014 | $0.02 | $0.08 | $21.15 million | $20.90 million | View | N/A | |
| 6/6/2013 | Q2 2014 | $0.49 | $0.48 | $29.91 million | $27.30 million | View | N/A | |
| 4/3/2013 | Q4 2013 | $0.40 | $0.26 | $29.10 million | $28.40 million | View | N/A | |
| 12/4/2012 | -0.10 | | ($0.10) | | $18.60 million | View | N/A | |
| 9/5/2012 | Q213 | $0.05 | $0.08 | $21.68 million | $23.10 million | View | N/A | |
| 6/5/2012 | | $0.82 | $0.81 | | | View | N/A | |
| 4/3/2012 | | $0.57 | $0.77 | | | View | N/A | |
| 12/6/2011 | | $0.26 | $0.52 | | | View | N/A | |
| 9/7/2011 | | $0.11 | $0.11 | | | View | N/A | |
| 6/6/2011 | | $0.34 | $0.58 | | | View | N/A | |
| 4/5/2011 | | $0.21 | $0.17 | | | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for Mitcham Industries (NASDAQ:MIND)2017 EPS Consensus Estimate: ($1.43)
2018 EPS Consensus Estimate: ($1.25)
2019 EPS Consensus Estimate: $0.11
| Quarter | Number of Estimates | Low Estimate | High Estimate | Average Estimate |
|---|
| Q1 2017 | 1 | ($0.34) | ($0.34) | ($0.34) |
| Q2 2017 | 1 | ($0.36) | ($0.36) | ($0.36) |
| Q3 2017 | 1 | ($0.32) | ($0.32) | ($0.32) |
| Q4 2017 | 1 | ($0.41) | ($0.41) | ($0.41) |
| Q1 2018 | 1 | ($0.46) | ($0.46) | ($0.46) |
| Q2 2018 | 1 | ($0.36) | ($0.36) | ($0.36) |
| Q3 2018 | 1 | ($0.26) | ($0.26) | ($0.26) |
| Q4 2018 | 1 | ($0.17) | ($0.17) | ($0.17) |
| Q1 2019 | 1 | ($0.10) | ($0.10) | ($0.10) |
| Q2 2019 | 1 | ($0.01) | ($0.01) | ($0.01) |
| Q3 2019 | 1 | $0.07 | $0.07 | $0.07 |
| Q4 2019 | 1 | $0.15 | $0.15 | $0.15 |
(Data provided by Zacks Investment Research)
Dividend History for Mitcham Industries (NASDAQ:MIND)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading and Institutional Ownership History for Mitcham Industries (NASDAQ:MIND)Insider Ownership Percentage: 9.70%
Institutional Ownership Percentage: 68.77%
Insider Trades by Quarter for Mitcham Industries (NASDAQ:MIND)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 4/10/2017 | Thomas S Glanville | Director | Buy | 10,000 | $4.80 | $48,000.00 | |
| 4/7/2016 | Midwood Capital Management Llc | Major Shareholder | Sell | 178,298 | $3.06 | $545,591.88 | |
| 9/10/2015 | Midwood Capital Management Llc | Major Shareholder | Buy | 50,000 | $3.85 | $192,500.00 | |
| 9/4/2015 | Midwood Capital Management Llc | Major Shareholder | Buy | 7,702 | $3.92 | $30,191.84 | |
| 8/24/2015 | Midwood Capital Management Llc | Major Shareholder | Buy | 6,766 | $4.18 | $28,281.88 | |
| 8/21/2015 | Midwood Capital Management Llc | Major Shareholder | Buy | 15,165 | $4.19 | $63,541.35 | |
| 8/19/2015 | Midwood Capital Management Llc | Major Shareholder | Buy | 2,400 | $4.18 | $10,032.00 | |
| 7/2/2015 | Peter H Blum | Director | Buy | 27,451 | $3.96 | $108,705.96 | |
| 12/22/2014 | Peter H Blum | Director | Buy | 15,000 | $5.59 | $83,850.00 | |
| 12/15/2014 | Peter H Blum | Director | Buy | 13,037 | $5.67 | $73,919.79 | |
| 9/15/2014 | Paul Guy Rogers | VP | Sell | 5,595 | $11.12 | $62,216.40 | |
| 9/9/2014 | Peter H Blum | Director | Buy | 15,000 | $10.45 | $156,750.00 | |
| 4/21/2014 | John Schwalbe | Director | Sell | 5,000 | $13.62 | $68,100.00 | |
| 1/9/2014 | John Schwalbe | Director | Sell | 5,000 | $16.81 | $84,050.00 | |
| 12/30/2013 | Robert John Albers | Director | Sell | 3,191 | $17.49 | $55,810.59 | |
| 12/24/2013 | Robert John Albers | Director | Sell | 3,000 | $17.34 | $52,020.00 | |
| 12/20/2013 | Robert John Albers | Director | Sell | 1,500 | $16.96 | $25,440.00 | |
| 10/21/2013 | John F Schwalbe | Director | Sell | 5,000 | $16.44 | $82,200.00 | |
| 7/25/2013 | R Dean Lewis | Director | Sell | 10,335 | $18.02 | $186,236.70 | |
| 7/8/2013 | John F Schwalbe | Director | Sell | 5,000 | $18.05 | $90,250.00 | |
| 4/10/2013 | Paul Guy Rogers | VP | Sell | 12,500 | $15.00 | $187,500.00 | |
| 12/11/2012 | Peter H Blum | Director | Buy | 20,000 | $11.98 | $239,600.00 | |
(Data available from 1/1/2013 forward)
Headline Trends for Mitcham Industries (NASDAQ:MIND)
Latest Headlines for Mitcham Industries (NASDAQ:MIND)
| Source: |
|
| Date | Headline |
|---|
 | Ebix - Growth At An Attractive Price
seekingalpha.com - July 10 at 5:19 AM |
 | Critical Contrast: Digital Ally (DGLY) vs. Mitcham Industries (MIND)
www.americanbankingnews.com - June 25 at 2:14 PM |
| Transgenomic (TBIO) and Mitcham Industries (MIND) Critical Analysis
www.americanbankingnews.com - June 23 at 12:20 AM |
| Fitbit (FIT) & Mitcham Industries (MIND) Financial Analysis
www.americanbankingnews.com - June 21 at 7:56 AM |
 | ETFs with exposure to Mitcham Industries, Inc. : June 13, 2017
finance.yahoo.com - June 13 at 6:42 PM |
| Mitcham Industries, Inc. :MIND-US: Earnings Analysis: Q1, 2018 By the Numbers : June 12, 2017
finance.yahoo.com - June 12 at 3:55 PM |
| Mitcham Industries, Inc. (MIND) Rating Increased to Hold at Zacks Investment Research
www.americanbankingnews.com - June 10 at 3:02 PM |
| Edited Transcript of MIND earnings conference call or presentation 8-Jun-17 1:00pm GMT
finance.yahoo.com - June 9 at 12:30 AM |
| Investor Network: Mitcham Industries, Inc. to Host Earnings Call
finance.yahoo.com - June 8 at 10:22 AM |
| Mitcham Industries, Inc. (MIND) Issues Earnings Results
www.americanbankingnews.com - June 8 at 8:14 AM |
| Mitcham Industries Reports Fiscal 2018 First Quarter Results
finance.yahoo.com - June 7 at 6:12 PM |
| Reviewing Cubic (CUB) & Mitcham Industries (MIND)
www.americanbankingnews.com - June 5 at 10:56 AM |
| Mitcham Industries, Inc. (MIND) Raised to Sell at ValuEngine
www.americanbankingnews.com - June 3 at 3:50 PM |
| Mitcham Industries Announces Fiscal 2018 First Quarter Earnings Release And Conference Call Schedule
finance.yahoo.com - May 18 at 8:30 AM |
 | Tecnoglass Announces 12% Raise to Regular Quarterly Dividend Beginning in Third Quarter 2017
www.marketwatch.com - May 12 at 12:03 AM |
| 2 Preferred Stocks Offering 9% Yields
seekingalpha.com - May 6 at 6:30 PM |
| Mitcham Industries (MIND) Getting Somewhat Negative Media Coverage, Report Finds
www.americanbankingnews.com - May 4 at 7:20 PM |
| Mitcham Industries (MIND) Earns Media Sentiment Rating of -0.05
www.americanbankingnews.com - April 29 at 1:43 PM |
| ETFs with exposure to Mitcham Industries, Inc. : April 26, 2017
finance.yahoo.com - April 26 at 6:46 PM |
| Mitcham Industries (MIND) Given Daily Coverage Optimism Score of -0.39
www.americanbankingnews.com - April 22 at 7:25 AM |
| Short Interest in Mitcham Industries, Inc. (MIND) Drops By 10.4%
www.americanbankingnews.com - April 22 at 12:45 AM |
| Mitcham Industries (MIND) Earns Media Sentiment Score of 0.19
www.americanbankingnews.com - April 15 at 12:45 AM |
| Zacks Investment Research Downgrades Mitcham Industries, Inc. (MIND) to Sell
www.americanbankingnews.com - April 14 at 7:40 AM |
| Q1 2018 Earnings Estimate for Mitcham Industries, Inc. (MIND) Issued By Seaport Global Securities
www.americanbankingnews.com - April 13 at 12:56 PM |
| Mitcham Industries, Inc. (MIND) Director Thomas S. Glanville Buys 10,000 Shares
www.americanbankingnews.com - April 12 at 8:09 PM |
| ETFs with exposure to Mitcham Industries, Inc. : April 11, 2017
finance.yahoo.com - April 11 at 6:29 PM |
| Mitcham Industries, Inc. :MIND-US: Earnings Analysis: Q4, 2017 By the Numbers : April 10, 2017
finance.yahoo.com - April 10 at 10:27 AM |
| Mitcham Industries Reports Fiscal 2017 Fourth Quarter And Full Year Results
finance.yahoo.com - April 7 at 7:01 PM |
| Edited Transcript of MIND earnings conference call or presentation 6-Apr-17 1:00pm GMT
finance.yahoo.com - April 7 at 11:12 AM |
| Mitcham Industries, Inc. (MIND) Announces Earnings Results, Misses Expectations By $0.40 EPS
www.americanbankingnews.com - April 6 at 1:34 PM |
| Mitcham Industries, Inc. (MIND) to Release Earnings on Wednesday
www.americanbankingnews.com - April 4 at 7:31 AM |
| Mitcham Industries, Inc. (MIND) Receives Average Recommendation of "" from Brokerages
www.americanbankingnews.com - April 3 at 1:24 PM |
| MITCHAM INDUSTRIES INC Files SEC form 8-K, Termination of a Material Definitive Agreement
biz.yahoo.com - March 27 at 6:03 PM |
| Mitcham Industries Announces Fiscal 2017 Fourth Quarter And Year-End Earnings Release And Conference Call Schedule
finance.yahoo.com - March 14 at 11:07 AM |
 | Mitcham Industries, Inc. :MIND-US: Earnings Analysis: Q3, 2017 By the Numbers : December 14, 2016
us.rd.yahoo.com - December 14 at 7:13 PM |
 | Edited Transcript of MIND earnings conference call or presentation 8-Dec-16 2:00pm GMT
us.rd.yahoo.com - December 9 at 12:05 AM |
 | Mitcham Industries (MIND) Misses Q3 EPS by 19c
www.streetinsider.com - December 8 at 7:05 PM |
| Mitcham Industries' (MIND) CEO Guy Malden on Q3 2017 Results - Earnings Call Transcript
seekingalpha.com - December 8 at 7:05 PM |
| Mitcham Industries Reports Fiscal 2017 Third Quarter Results
us.rd.yahoo.com - December 7 at 6:31 PM |
| Q3 2017 Mitcham Industries Inc Earnings Release - After Market Close
biz.yahoo.com - December 7 at 9:53 AM |
| MITCHAM INDUSTRIES INC Files SEC form 8-K, Entry into a Material Definitive Agreement, Amendments to Articles of Inc.
biz.yahoo.com - October 7 at 5:56 PM |
| MITCHAM INDUSTRIES INC Files SEC form 8-K, Regulation FD Disclosure
biz.yahoo.com - October 3 at 5:48 PM |
 | Mitcham Industries Inc (MIND.O)
www.reuters.com - September 23 at 10:50 AM |
| Q2 2017 Mitcham Industries Inc Earnings Release - After Market Close
biz.yahoo.com - September 7 at 9:41 AM |
| MITCHAM INDUSTRIES INC Files SEC form 8-K, Change in Directors or Principal Officers, Submission of Matters to a Vote
biz.yahoo.com - July 25 at 4:27 PM |
| MITCHAM INDUSTRIES INC Files SEC form 8-K, Material Modification to Rights of Security Holders, Amendments to Article
biz.yahoo.com - June 10 at 2:24 PM |
 | Mitcham Industries (MIND) Down Ahead of Expected Loss
www.baystreet.ca - June 9 at 6:26 PM |
| Edited Transcript of MIND earnings conference call or presentation 9-Jun-16 1:00pm GMT
finance.yahoo.com - June 9 at 6:11 PM |
 | Mitcham Industries Begins 9.0% Series A Cumulative Preferred Stock Public Offering
feeds.benzinga.com - May 18 at 3:10 PM |
| MITCHAM INDUSTRIES INC Files SEC form 10-K, Annual Report
biz.yahoo.com - April 7 at 4:56 PM |
Mitcham Industries (MIND) Chart for Wednesday, July, 26, 2017
