Fourth Quarter Highlights Total revenue of $114.2 million grew 24% year-over-year on a GAAP basis and 26% in constant currencyAdded 1,200 net new customers. Total customers.

Q4 2020 Mimecast Ltd Earnings Call

MIME earnings call for the period ending March 31, 2020.

SOGO vs. MIME: Which Stock Is the Better Value Option?

Q3 2020 Mimecast Ltd Earnings Call

Coronavirus is probably the 1 concern in investors' minds right now. It should be. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW. We predicted that a US recession is imminent and US stocks will go down by at least 20% in the next 3-6 […]

SOGO vs. MIME: Which Stock Is the Better Value Option?

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...

Mimecast Limited (MIME), a leading email and data security company, today announced the availability of a new joint research report from Mimecast and HIMSS Media, How U.S. Hospitals and Health Systems Approach Email Security. This research provides quantitative insights on the latest email-borne threats facing healthcare organizations. The report found a staggering 90 percent of healthcare organizations experienced an email-borne threat in the past year – with one-in-four respondents stating these attacks were very or extremely disruptive.

Mimecast Limited (MIME), a leading email and data security company, today announced the appointment of Bradon Rogers as the new Senior Vice President of Global Sales Engineering. As a member of the go-to-market management team, Bradon will be responsible for managing the sales engineering teams worldwide to help drive technical excellence, increase operational efficiencies in the field and influence corporate strategy and product positioning with customer requirements fueling Mimecast’s customer driven product roadmaps.

After nearly a decade of steady stock returns, U.S. markets have hit a rough patch. U.S.-listed stocks, which hit record highs on February 19, have tumbled rather dramatically and quickly since the coronavirus, deemed as COVID-19, was uncovered in China. As has been widely covered in the press, it has since started to spread throughout the world.A few market pundits predict a lasting or sustainable hit to global economic growth. Largely as a precautionary measure, the U.S. Federal Reserve lowered interest rates by 50 basis points and stands ready with further rate cuts to prop up the economy. Certain industries, including travel-related and economically sensitive ones, could continue to struggle, but most others are projected to see a more limited downturn and a V-shaped recovery, or a quick bounce back to normal financial conditions.Downturns can also present buying opportunities for contrarian-minded investors. Investment firm Needham has recently been thinking along these lines and came out with a report of its best ideas on stocks that should rally when the spread of COVID-19 will stabilize, and eventually decline.We’ve taken three of Needham’s top picks and looked them up in the TipRanks database. These are investments that the Stock Screener tool reveals as “Strong Buy” analyst consensus rated and, more importantly, all three offer robust upside potential. Let’s take a closer look.Athenex Inc (ATNX)Starting with biotech. Needham's Chad Messer lists Athenex as his best idea once the COVID-19 situation settles down. The biggest near-term risk is that much of Athenex’s manufacturing capabilities reside in China, which is seeing rather severe coronavirus complications to its supply chain.Athenex has ambitions to become a global leader, hoping to bring innovative cancer treatments to the market and improve outcomes for patients. It has two lead drug candidates – a treatment for skin condition actinic keratosis, and an oral treatment for metastatic breast cancer. Both have Food and Drug administration (FDA) applications pending.According to Dr. Messer, “the overwhelming driver for ATNX remain NDA acceptance for its oral chemotherapy Oraxol, which we expect in 2Q.” In preparation for the expected release, Athenex management is building out its sales force and should start to see significant sales come in next year.Messer’s financial model projects a stellar 74% sales jump next year, reaching $150 million for the full year. However, profits aren’t expected for a few more years. As a result, the $30 price target that accompanies his Buy rating is based off of 5 times the 2025 sales estimate, discounted back to today, and implies 186% upside potential. (To watch Messer’s track record, click here)The stock is down 31% so far this year. This leaves significant room for upside once Oraxol starts hitting the marketplace. The company also has $161 million on the balance sheet, which is a nice cushion until sales start really coming in.With 100% Street support, the message is clear: ATNX is a Strong Buy. Should the $27.33 average price target be met, shares could be in for a 161% twelve-month gain. (See Athenex stock analysis on TipRanks)Mimecast (MIME)Needham analyst Alex Henderson, who covers networking and security firms, has pegged London, UK-based Mimecast Limited a compelling pick once the COVID-19 situation improves. In a recent report, he touted Mimecast as “the premiere company protecting against email-borne threats.”Specifically, Mimecast is an email and data security company that provides cloud security and risk management services. Its Mimecast Email Security services are built for threat protection, such as the threat from emails containing malicious links.The stock chart is far from pretty. The shares have fallen 22% so far this year and a much more severe 37% over the past month. Henderson attributes the severe drop to the fact that nearly half of revenue stems from international sources, including 29% from Europe where COVID-19 containment efforts have not been as effective as in the rest of the world.Mimecast could struggle to boost sales in the near-term. Henderson characterizes the firm’s sales approach as “high-touch” where travel restrictions could hamper the needed approach from the sales team. Henderson projects 17%-21% average annual sales growth over the next three to five years. He highlighted a couple of new products at the company’s recent investor day, including a browser isolation service targeted for email and web security, as well as a threat intelligence service that allows for the integration of third-party applications to enhance security offerings. Some compelling growth markets, for sure.Despite these myopic worries, the analyst maintains a Buy rating and price target of $65 per share, suggesting 91% upside potential from the current share price. (To watch Henderson’s track record, click here)What does the rest of the Street think? It turns out that other analysts are generally on the same page. With 9 Buy ratings vs 1 Hold received in the last three months, the word on the Street is that MIME is a Strong Buy. Not to mention the $60.10 average price target suggests 79% upside potential. (See Mimecast price targets and analyst ratings on TipRanks)Medallia Inc. (MDLA)In the software-as-a-service (SAAS) space, Needham analyst Scott Berg has pegged San Francisco-based Medallia as his pick-to-click once COVID-19 complications subside. Medallia bills itself as a deep learning-based artificial intelligence technology that can analyze structured and unstructured data from signal fields in human, digital, and Internet of Things interactions. It’s known as experience management.Medallia will produce positive operating cash flow later this year, according to his valuation model. Until profit targets improve, the analyst estimates an enterprise value to revenue multiple of 14 times off 2021 sales of $480 million.The share-price decline of 32% has also been severe this calendar year. That being said, sales growth projections are impressive and the company will be profitable well ahead of target if it reaches these lofty top-line expectations.Berg maintains a Buy rating on Medallia, and his $45 price target is based on average projected sales growth of above 20% in each of at least the next three years. The price target also suggests the stock can more than double from the current share price of $21.29. (To watch Berg’s track record, click here)Looking at the consensus breakdown, 3 out of 3 analysts that have published a recent review see the stock as a Buy, making the consensus rating a Strong Buy. At $46.67, the average price target puts the upside potential at 130%. (See Medallia stock analysis on TipRanks)

If you're interested in Mimecast Limited (NASDAQ:MIME), then you might want to consider its beta (a measure of share...

LEXINGTON, Mass., April 15, 2020 -- Mimecast Limited (NASDAQ: MIME), a leading email and data security company, today announced it will issue a press release reporting.

Mimecast (MIME) delivered earnings and revenue surprises of 15.38% and 1.46%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?

RSA Conference -- Mimecast Limited (MIME), a leading email and data security company, today announced it has added new capabilities to its cloud-based platform comprised of integrated service components that organizations’ need to combat the latest cybersecurity challenges. Mimecast has incorporated new major platform innovations helping to increase efficacy with technology integrations and product capabilities, including web browser isolation, security awareness training integrations and brand exploitation protection solutions.

Wall Street is awash with stock analysts, publishing reports and recommendations by the score every day. It’s a flood of information whose sheer volume makes it difficult to sort the wheat from the chaff. For investors, finding the best analysts – and following their stock commentary and picks – is a clearly viable trading strategy. Finding the analyst to follow is the trick.TipRanks has the information you need. The database of Wall Street analysts is regularly updated, and the analysts themselves are ranked by several factors, including the accuracy of their recommendations and their average returns. You can find the very best of the analysts – and TipRanks follows the data on more than 6,000 professional financial experts – at the Top 25 Analysts page. It’s a ‘Who’s Who’ of the very best in the financial world.Today we’ll follow 5-star analyst Terry Tillman, ranked 6 overall in the database. Tillman is a tech sector analyst with SunTrust Robinson. He has 224 stock ratings, of which 179 have successfully brought a positive return. This gives him an 80% success rate – and that average return is 38.9%. It’s clear now why Tillman is so highly rated. Let’s take a look at three of his recent Buy recommendations.Mimecast, Ltd. (MIME)We’ll start with Mimecast, a cloud-based cybersecurity firm specializing in email management and protection systems. The company offers archiving, continuity, and security services designed to promote the safety of business email.The company’s recent quarter showed strong sequential growth and beat expectations by a wide margin. The report, for fiscal 2020 Q4, showed total revenue of $114.2 million, up 24% year-over-year, and a net gain of 1,200 new customers, giving a global customer base of 38,100. Full year revenue was up 25% from fiscal 2019.Tillman is generally impressed with Mimecast’s performance, and more so with its future prospects. He writes of the company, “The broader impact of the crisis is expected to be reflected in downsell and churn especially as customers request shorter billing periods while others seek to extend payment terms - the company expects net revenue retention to be between 106% - 107% for the year…"Mimecast added, “We continue to believe the company should benefit from a variety of growth levers in increasing expansion sales, Office 365 customer adoption, and solid sales execution in the mid-market and enterprise but also understand the near-term risks associated with the current COVID-19 outbreak.”In line with is upbeat comments, Tillman gives MIME a Buy rating and a $56 price target. This target implies a 42% upside potential for the stock in the coming 12 months. (To watch Tillman’s track record, click here)The Wall Street view of MIME is in general agreement with Tillman’s. Of 15 recent reviews, 12 are Buy and 3 are Hold, giving the stock an analyst consensus rating of Strong Buy. Shares are priced at a discounted rate of $39.39, and the average price target of $52.67 suggests a one-year upside of 34%. (See Mimecast stock analysis on TipRanks)Upland Software (UPLD)Next up is another software company. Upland offers software solutions for issues common to most businesses, including contact center and customer experience management, document automation and security, enterprise sales, and project management. The company has worked hard to expand its product offerings, and has a track record of acquiring smaller cloud software competitors – and adding their products to Upland’s own line.Upland has reported three quarters in a row of sequential gains. For Q1 20202, earnings were up 5% sequentially and an impressive 35% year-over-year. Revenues, at $48.5 million, grew 53% yoy.Upland has not forgotten its own reputation management during the coronavirus crisis. The company is offering a free webinar for customers, on increasing productivity in remote work situations. While not impacting the company’s bottom line, it’s a fine example of turning a difficult situation to advantage.Even though UPLD has underperformed in recent months, Tillman sees this stock as a Buy opportunity. In a nod to the crisis, he has lowered his price target from $56 to $46 – but even at the lower level, his target suggests an upside of 51%. Supporting his view of the stock, Tillman writes, “Upland is halting M&A activity in the near term while focusing on go-to-market enhancements and supporting current pipeline. While M&A has served as a meaningful catalyst we believe the increased focus on GTM and product integration could be positive for organic growth in the long-term. Additionally, we are encouraged by the high level of customer expansions and major account adds in 1Q.” The analyst consensus rating on UPLD a Strong Buy, and it is unanimous. The stock has received no fewer than 7 Buy ratings in recent weeks. The current trading price is $30.43, and the average price target of $43 indicates room for 41% upside growth this year. (See Upland stock analysis on TipRanks)Workiva, Inc. (WK)Third on our list here is Workiva, a provider of cloud-based business data analysis software. The company’s products permit real-time collections, management, and reporting of data, and is used for accounting, compliance, finance, and risk management.Workiva’s recent quarterly earnings and stock performance have shown a pattern opposite to the companies above. The company has consistently reported net losses in its quarterly reports, although the magnitude of the losses has been decreasing since Q3 2019. In the most recent quarter, Q1 2020, the EPS loss came in 52% better than expected, while revenue beat the forecast by 4%.At the same time the company has been reporting consistently net losses, share price has performed in line with the broader markets. WK is only down 14% since the current collapse-and-rally cycle began, which is comparable to the S&P loss of 12%.Looking into Workiva’s recent quarterly, Tillman is impressed. He notes, “We believe solid 20%-plus top-line growth in 1Q20, large deal metrics and revenue retention offer a window into solid sustained growth post COVID-19. [We have] raised profit and CF assumptions for 2020.”In line with this rosy outlook, Tillman rates the stock a Buy. His $57 price target indicates confidence in a one-year upside potential of 37%. Overall, the Street is more cautious here than Tillman. The analyst consensus rating, a Moderate Buy, is based on 3 Buys and 1 Sell. Shares are priced at $41.50, while the average target of $46.75 implies a 13% upside. (See Workiva stock analysis on TipRanks)To find Terry Tillman's ratings and price targets, click here.

Mimecast Limited (NASDAQ:MIME) shareholders might be rather concerned because the share price has dropped 39% in the...

Mimecast (MIME) saw a big move last session, as its shares jumped more than 5% on the day, amid huge volumes.

Mimecast Limited (NASDAQ: MIME), a leading email and data security company, today released the latest report from the Cyber Resilience Think Tank (CR Think Tank) highlighting four trends for building and operating a Security Operating Center (SOC). In the report titled, Transforming the SOC: Building Tomorrow’s Security Operations, Today, CR Think Tank members weigh the benefits and challenges of keeping a SOC in-house versus outsourcing it. As an independent group of security leaders dedicated to understanding the cyber resilience challenges facing organizations across the globe, the CR Think Tank provides prescriptive guidance based on lessons learned and decades of expertise.

Mimecast Limited (MIME), a leading email and data security company, today announced it has been named as a Strong Performer in The Forrester Wave™: Security Awareness and Training Solutions, Q1 2020 report. Mimecast Awareness Training is now fully integrated into Mimecast’s cloud-based platform for new customers, which is designed to enable easier administration of awareness training into Mimecast and customers’ broader security ecosystems.