Mimecast Limited is part of the application software industry and is part of the technology sector. The company CEO is Peter Bauer. Mimecast is a software solutions provider. Its key business involves provision of a software platform to evade internet security issues such as malware and spam.



Previous Intraday Performance:

The MIME shares had a previous change of 2.85% which opened at 43.92 and closed at 44.75. It moved to an intraday high of 44.96 and a low of 43.29.

SeekingAlpha:  Insider Weekends: Randal Kirk Purchases Over $8 Million Of Intrexon

Historical Performance:

Over the last five trading days, MIME shares returned -1.26% and in the past 30 trading days it returned -9.60%. Over three months, it changed -6.42%. In one year it has changed 0.31% and within that year its 52 week high was 54.57 and its 52 week low was 29.66. MIME stock is 50.85% above its 52 week low.

Our calculations result in a 200 day moving average of 41.13 and a 50 day moving average of 48.25. Right now, MIME stock is trading 8.81% above its 200 day moving average.

SeekingAlpha:  Insider Weekends: Randal Kirk Purchases Over $8 Million Of Intrexon

Liquidity:

The company has a market cap of $2.7b with 61.3m shares outstanding and a float of 61.0m shares. Trading volume was 488,620 shares and has experienced an average volume of 610,199 shares. Our calculation, using the current average volume and close price, leads me to believe that the liquidity is good.

Earnings:

The last annual reported EPS for Mimecast Limited was -0.12 which ended on 31st of March 2019. Based on 4 analyst estimates, the consensus EPS for the next quarter is -0.02.

Below was the last reported quarterly diluted earnings per share:

1stQtr 2019Reported 05-13-2019: -0.03
4thQtr 2018Reported 02-11-2019: 0.01
3rdQtr 2018Reported 11-08-2018: -0.03
2ndQtr 2018Reported 08-09-2018: -0.06
1stQtr 2018Reported 05-14-2018: -0.11

Base on our calculations, the intrinsic value per share is 32.39, which means it might be overvalued by -38.14%.

The growth of the EPS is critical in understanding the current valuation of Mimecast Limited; the EPS growth rate, as it is usually called, is typically displayed as a percentage, which at this time is hard to estimate, but revenue growth has been 24.10% over the last twelve months.



Indicators Also to Watch:

Based on the latest filings, there is 98.60% of institutional ownership.

The beta was calculated to be 1.20.

PR Newswire:  Heritage Increases Catastrophe Reinsurance Program at Reduced Cost

Fundamental Numbers:

Based on last reported financials, the company’s return on assets is -1.59%, profit margin is -2.08%, price-to-sales is 7.84 and price-to-book is 15.37.

Company Score Card:

Results are out of six:
 4  : Growth Expectations Result
 5  : Financial Safety Result
 0  : Past Performance Result
 0  : Valuation Result
 0  : Dividend Safety Result
 2  : Overall Result

Related Tags: , , ,

Jake McWilliams
I am an independent trader, analyst and algorithmic trading expert, having worked both for the sell side (brokerage) and the buy side (fund administration). I have been trading professionally for about 20 years. I trade stocks and forex and I play both long and short positions in underlying asset or through options. I have experience with discretionary and fully automated systems (Metatrader and Quantshare).

LEAVE A REPLY

Please enter your comment!
Please enter your name here