Headlines about Mimecast (NASDAQ:MIME) have been trending somewhat positive this week, according to Accern. The research firm scores the sentiment of media coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Mimecast earned a news sentiment score of 0.14 on Accern’s scale. Accern also gave media headlines about the technology company an impact score of 46.3979567836537 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.

Here are some of the media headlines that may have effected Accern’s analysis:

MIME has been the subject of a number of recent analyst reports. Royal Bank of Canada restated a “buy” rating and issued a $33.00 target price on shares of Mimecast in a report on Wednesday, October 18th. Dougherty & Co boosted their target price on shares of Mimecast from $32.00 to $36.00 and gave the company a “buy” rating in a report on Monday, November 6th. Oppenheimer restated a “buy” rating and issued a $35.00 target price (up from $32.00) on shares of Mimecast in a report on Thursday, November 9th. Barclays boosted their target price on shares of Mimecast from $31.00 to $34.00 and gave the company an “overweight” rating in a report on Thursday, November 9th. Finally, Jefferies Group restated a “buy” rating and issued a $38.00 target price on shares of Mimecast in a report on Friday, November 10th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and ten have given a buy rating to the company. The company has a consensus rating of “Buy” and an average price target of $35.00.

Mimecast (MIME) traded down $0.04 on Thursday, reaching $32.40. 84,763 shares of the company’s stock traded hands, compared to its average volume of 256,070. The company has a current ratio of 1.42, a quick ratio of 1.42 and a debt-to-equity ratio of 0.32. Mimecast has a 12 month low of $19.12 and a 12 month high of $33.05. The stock has a market capitalization of $1,814.73, a P/E ratio of -202.81 and a beta of 0.47.

Mimecast (NASDAQ:MIME) last released its quarterly earnings data on Wednesday, November 8th. The technology company reported ($0.02) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.03) by $0.01. Mimecast had a negative net margin of 4.16% and a negative return on equity of 11.28%. equities research analysts anticipate that Mimecast will post -0.16 EPS for the current year.

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Mimecast Company Profile

Mimecast Limited is a provider of cloud security and risk management services for corporate information and e-mail. The Company’s suite of cloud services protects customers from the business and data security risks. It also mitigates the business disruption that e-mail failure or downtime causes. In addition, its archiving services secure, store and manage critical corporate communications and information to address the compliance and e-discovery requirements.

Insider Buying and Selling by Quarter for Mimecast (NASDAQ:MIME)

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