MobileIron Company Profile (NASDAQ:MOBL)

MobileIron trades on the NASDAQ under the ticker symbol "MOBL."

MobileIron, Inc. (NASDAQ:MOBL) posted its quarterly earnings results on Thursday, July, 27th. The company reported ($0.08) EPS for the quarter, meeting the consensus estimate of ($0.08). The business had revenue of $42.65 million for the quarter, compared to analysts' expectations of $43.44 million. MobileIron had a negative net margin of 36.01% and a negative return on equity of 132.95%. MobileIron's revenue was up 9.6% on a year-over-year basis. During the same period in the previous year, the company posted ($0.14) EPS. View MobileIron's Earnings History.

7 equities research analysts have issued 1-year price objectives for MobileIron's shares. Their forecasts range from $2.75 to $7.00. On average, they expect MobileIron's stock price to reach $5.25 in the next year. View Analyst Ratings for MobileIron.

Here are some recent quotes from research analysts about MobileIron stock:

• 1. According to Zacks Investment Research, "MobileIron, Inc. is engaged in providing security and management solutions for mobile applications, content, and devices. The Company provides software tools for device management, activity intelligence, and security. MobileIron offers multi-OS mobile device management software, mobile application management, Wireless Expense Management, Enterprise Mobility, Mobile Device Security and Bring-Your-Own-Device privacy controls, MobileIron Virtual Smartphone Platform. It serves financial services, government, healthcare, legal, manufacturing, professional services, retail, technology, and telecommunications industries in the United States and internationally. MobileIron, Inc. is headquartered in Mountain View, California. " (4/12/2017)
• 2. Imperial Capital analysts commented, "We are maintaining our Outperform rating on MOBL shares and raising our one-year price target to $5.50 from $4.50 based on our higher outlook. Our price target implies potential upside of about 28% above recent levels. We highlight the company's strong growth in recurring billings, up 26% year-over-year (yoy), reflecting continued sales execution and favorable market trends. We also see reduced headwinds from revenue mix shift to subscription, with moderating declines in perpetual license revenue. In addition, we anticipate improving cash flow performance and significant operating leverage from continued focus on expense management. We are raising our FY17 estimates and introducing our FY18 estimates (see Figure 1), with potential upside to our estimates from ramping adoption of new products. We note that two new products (Access and Bridge) achieved initial billings and revenue in 4Q16, and we think that they could achieve significant customer penetration." (2/8/2017)

MobileIron saw a increase in short interest in the month of June. As of June 30th, there was short interest totalling 1,300,454 shares, an increase of 89.5% from the June 15th total of 686,336 shares. Based on an average daily trading volume, of 1,176,634 shares, the days-to-cover ratio is presently 1.1 days. Currently, 2.5% of the company's stock are short sold.

Some companies that are related to MobileIron include CommerceHub (CHUBA), Rapid7 (RPD), Everbridge (EVBG), Merge Healthcare (MRGE), Accesso Technology Group PLC (ACSO), Magic Software Enterprises (MGIC), Park City Group (PCYG), Wandisco PLC (WAND), Amber Road (AMBR), EnerNOC (ENOC), Alteryx (AYX), Exa Corporation (EXA), Majesco (MJCO), RealNetworks (RNWK), Ideagen PLC (IDEA), Gresham Technologies PLC (GHT), Attunity (ATTU) and Asure Software (ASUR).

MobileIron's management team includes the folowing people:

• Barry R. Mainz, President, Chief Executive Officer, Director
• Simon Biddiscombe, Chief Financial Officer
• Suresh Batchu, Chief Technology Officer, Senior Vice President - Technology and Engineering
• John Donnelly, Senior Vice President - Sales
• Greig Patton, Senior Vice President of Worldwide Sales
• Daniel C Fields, Senior Vice President - Engineering and Chief Software Development Officer
• Dilip Patel, Senior Vice President of Customer Success
• Ojas Rege, Chief Marketing and Strategy Officer
• Laurel Finch, Vice President, General Counsel and Secretary
• Matt Bennett, Vice President of Sales - Asia Pacific and Japan

MobileIron's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Norwest Venture Partners X L P (13.83%), Strs Ohio (0.11%), North American Management Corp (0.12%), Russell Investments Group Ltd. (0.07%), Spark Investment Management LLC (0.07%) and Bank of Montreal Can (0.04%). Company insiders that own MobileIron stock include Aaref Hilaly, Barry Mainz, Laurel Finch, Robert B Tinker and Sc Xii Management Llc. View Institutional Ownership Trends for MobileIron.

MobileIron's stock was sold by a variety of institutional investors in the last quarter, including Norwest Venture Partners X L P, North American Management Corp and Spark Investment Management LLC. Company insiders that have sold MobileIron stock in the last year include Aaref Hilaly, Laurel Finch, Robert B Tinker and Sc Xii Management Llc. View Insider Buying and Selling for MobileIron.

MobileIron's stock was bought by a variety of institutional investors in the last quarter, including Strs Ohio and Russell Investments Group Ltd.. View Insider Buying and Selling for MobileIron.

Shares of MobileIron can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of MobileIron stock can currently be purchased for approximately $5.55.