Analysts See $-0.03 EPS for Mimecast Ltd (MIME)

November 7, 2017 - By Marie Mckinney

 Analysts See $ 0.03 EPS for Mimecast Ltd (MIME)

Analysts expect Mimecast Ltd (NASDAQ:MIME) to report $-0.03 EPS on November, 8.They anticipate $0.04 EPS change or 400.00 % from last quarter’s $0.01 EPS. After having $-0.04 EPS previously, Mimecast Ltd’s analysts see -25.00 % EPS growth. About 93,995 shares traded. Mimecast Ltd (NASDAQ:MIME) has risen 240.79% since November 7, 2016 and is uptrending. It has outperformed by 224.09% the S&P500.

Mimecast Ltd (NASDAQ:MIME) Ratings Coverage

Among 9 analysts covering Mimecast (NASDAQ:MIME), 9 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Mimecast has $28 highest and $12 lowest target. $19.08’s average target is -38.63% below currents $31.09 stock price. Mimecast had 11 analyst reports since December 14, 2015 according to SRatingsIntel. The stock of Mimecast Ltd (NASDAQ:MIME) earned “Overweight” rating by Barclays Capital on Monday, December 14. Dougherty & Company maintained it with “Buy” rating and $28 target in Friday, February 10 report. Dougherty & Company maintained Mimecast Ltd (NASDAQ:MIME) rating on Friday, November 4. Dougherty & Company has “Buy” rating and $23 target. The stock has “Buy” rating by Goldman Sachs on Monday, December 14. Brean Capital initiated the shares of MIME in report on Wednesday, January 25 with “Buy” rating. RBC Capital Markets initiated the stock with “Outperform” rating in Monday, December 14 report. Oppenheimer initiated the stock with “Outperform” rating in Monday, December 14 report. The stock has “Buy” rating by Jefferies on Monday, December 14. Northland Capital initiated Mimecast Ltd (NASDAQ:MIME) on Tuesday, January 17 with “Outperform” rating. The rating was initiated by Dougherty & Company with “Buy” on Friday, June 3.

Mimecast Limited is a provider of cloud security and risk management services for corporate information and e-mail. The company has market cap of $1.74 billion. The Company’s suite of cloud services protects clients from the business and data security risks. It currently has negative earnings. It also mitigates the business disruption that e-mail failure or downtime causes.

Another recent and important Mimecast Ltd (NASDAQ:MIME) news was published by Nasdaq.com which published an article titled: “Mimecast’s New Munich Office To Serve As Regional Hub For Central Europe” on October 04, 2017.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.