View Financial HealthThis company listing is no longer activeThis company may still be operating, however this listing is no longer active. Find out why through their latest events.See Latest EventsMandiant 配当と自社株買い配当金 基準チェック /06主要情報n/a配当利回り4.0%バイバック利回り総株主利回り4.0%将来の配当利回り0%配当成長n/a次回配当支払日n/a配当落ち日n/a一株当たり配当金n/a配当性向n/a最近の配当と自社株買いの更新更新なしすべての更新を表示Recent updatesSeeking Alpha • Sep 09Mandiant jumps on Nasdaq notice of last trading day with Google dealMandiant (MNDT) ticked up 0.6% after a Nasdaq notice indicated Friday would be the last trading day as the company completes its sale to Google (NASDAQ:GOOGL). In July the U.S. Dept. of Justice grated earlier termination of the waiting period in connection with Google's (GOOGL) $5.4 billion planned acquisition of the cybersecurity firm. Google (GOOGL) agreed to buy cybersecurity firm Mandiant Inc. (NASDAQ:MNDT) for $23/share in March.Seeking Alpha • Aug 02Mandiant Non-GAAP EPS of -$0.13 misses by $0.03, revenue of $137.92M beats by $6.45MMandiant press release (NASDAQ:MNDT): Q2 Non-GAAP EPS of -$0.13 misses by $0.03. Revenue of $137.92M (+21.1% Y/Y) beats by $6.45M. Given the announcement made on March 8, 2022, regarding the company’s entry into a definitive agreement to be acquired by Google LLC, Mandiant will not be providing financial guidance for the third quarter of 2022 or updated financial guidance for the full-year 2022. The company’s previously issued full-year 2022 financial guidance should no longer be relied upon. Due to the pending transaction with Google LLC, the company will not host a conference call in conjunction with this release.Seeking Alpha • Jul 18Mandiant gains after getting DOJ antitrust approval for Google dealMandiant (NASDAQ:MNDT) gained 2.3% in after hours trading after the U.S. Dept. of Justice grated earlier termination of the waiting period in connection with Google's (NASDAQ:GOOGL) $5.4 billion planned acquisition of the cybersecurity firm. On Friday, the DOJ granted early termination of the waiting period under the HSR Act with respect to the transaction, according to an 8-K filing. Mandiant (MNDT) and Google (GOOGL) continue to expect the closing of the deal to occur by the end of the year. The antitrust approval comes after Google (GOOGL) and Mandiant (MNDT) received a request for additional information from the DOJ in May. Dealreporter said in May that Google (GOOGL) doesn't believe that it will have to notify China or gain approval from the country's antitrust regulator at least partly due to Mandiant's (MNDT). Google (GOOGL) agreed to buy cybersecurity firm Mandiant Inc. (MNDT) for $23/share in March. Google was competing with Microsoft (MSFT) for the cybersecurity firm, though it reportedly walked away from the deal.Recent Insider Transactions Derivative • Jun 04Independent Director notifies of intention to sell stockKimberly Alexy intends to sell 23k shares in the next 90 days after lodging an Intent To Sell Form on the 31st of May. If the sale is conducted around the recent share price of US$22.12, it would amount to US$511k. Since June 2021, Kimberly's direct individual holding has decreased from 82.90k shares to 59.80k. Company insiders have collectively bought US$762k more than they sold, via options and on-market transactions, in the last 12 months.Reported Earnings • May 04First quarter 2022 earnings: EPS exceeds analyst expectationsFirst quarter 2022 results: US$0.42 loss per share (down from US$0.39 loss in 1Q 2021). Revenue: US$130.1m (up 14% from 1Q 2021). Net loss: US$96.7m (loss widened 6.2% from 1Q 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 18%. Over the next year, revenue is forecast to grow 20%, compared to a 36% growth forecast for the industry in the US. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings.Price Target Changed • Mar 24Price target increased to US$21.06Up from US$19.35, the current price target is an average from 10 analysts. New target price is 5.2% below last closing price of US$22.22. The company is forecast to post a net loss per share of US$1.52 next year compared to a net loss per share of US$1.82 last year.Seeking Alpha • Mar 14Merger Arbitrage Mondays: Google Acquires Cybersecurity Firm MandiantTwo out of the three new deals announced last week were potential deals in the works. Google is paying $5.4 billion to acquire Mandiant. Four SPAC Business Combinations terminated last week.Recent Insider Transactions Derivative • Mar 11Executive VP & Chief Revenue Officer notifies of intention to sell stockWilliam Robbins intends to sell 150k shares in the next 90 days after lodging an Intent To Sell Form on the 7th of March. If the sale is conducted around the recent share price of US$19.38, it would amount to US$2.9m. Since June 2021, William's direct individual holding has increased from 161.09k shares to 232.08k. Company insiders have collectively sold US$153k more than they bought, via options and on-market transactions in the last 12 months.Recent Insider Transactions Derivative • Mar 06Executive VP & CFO notifies of intention to sell stockFrank Verdecanna intends to sell 50k shares in the next 90 days after lodging an Intent To Sell Form on the 1st of March. If the sale is conducted around the recent share price of US$19.80, it would amount to US$990k. Since June 2021, Frank's direct individual holding has increased from 568.38k shares to 570.63k. Company insiders have collectively sold US$153k more than they bought, via options and on-market transactions in the last 12 months.Seeking Alpha • Feb 22Is Mandiant Stock A Buy Or Sell At Its Current Valuation?Mandiant is a company with an attractive industry focus and compelling growth in recent quarters. Mandiant is far from profitable, however. Near-term profitability is far from certain. With Mandiant's shares spiking due to takeover speculation, I do not believe that it's a great time to enter a position here.Recent Insider Transactions Derivative • Feb 19Independent Director notifies of intention to sell stockRonald E. Codd intends to sell 78k shares in the next 90 days after lodging an Intent To Sell Form on the 14th of February. If the sale is conducted around the recent share price of US$18.63, it would amount to US$1.5m. Since June 2021, Ronald E. has owned 136.63k shares directly. Company insiders have collectively bought US$1.1m more than they sold, via options and on-market transactions, in the last 12 months.Reported Earnings • Feb 10Full year 2021 earnings: EPS misses analyst expectationsFull year 2021 results: US$1.81 loss per share (down from US$0.95 loss in FY 2020). Revenue: US$483.5m (down 49% from FY 2020). Net loss: US$428.1m (loss widened 101% from FY 2020). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 409%. Over the next year, revenue is forecast to grow 18%, compared to a 227% growth forecast for the industry in the US. Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has increased by 4% per year.Seeking Alpha • Jan 28Mandiant: Billions In Cash And Recurrent Revenue Justify A Higher ValuationMandiant, Inc. offers intelligence-based cybersecurity solutions, including threat intelligence, security validation, and automated alert investigation included in the Mandiant Advantage platform. The company also has a significant amount of cash to finance new marketing activities to attract new customers. It is very relevant to note that the company’s recurring revenue continues to grow at a CAGR of 24%. If the company signs new M&A agreements, hires new sales engineers, and develops new solutions, revenue growth will most likely trend north. If we use a WACC of 5.5%, the sum of the FCFs stands at $2.3 billion. I also used an EBITDA multiple of 25x, which would imply an IRR close to 20%-21.5%.Recent Insider Transactions • Nov 29President & COO recently bought US$165k worth of stockOn the 23rd of November, John Watters bought around 10k shares on-market at roughly US$16.55 per share. In the last 3 months, they made an even bigger purchase worth US$462k. John has been a buyer over the last 12 months, purchasing a net total of US$2.4m worth in shares.Recent Insider Transactions Derivative • Nov 13Independent Director notifies of intention to sell stockRonald E. Codd intends to sell 40k shares in the next 90 days after lodging an Intent To Sell Form on the 8th of November. If the sale is conducted around the recent share price of US$18.01, it would amount to US$720k. Since June 2021, Ronald E. has owned 136.63k shares directly. Company insiders have collectively bought US$1.6m more than they sold, via options and on-market transactions, in the last 12 months.Reported Earnings • Nov 05Third quarter 2021 earnings released: US$0.45 loss per share (vs US$0.17 loss in 3Q 2020)The company reported a poor third quarter result with increased losses, weaker revenues and weaker control over costs. Third quarter 2021 results: Revenue: US$122.0m (down 49% from 3Q 2020). Net loss: US$105.9m (loss widened 171% from 3Q 2020). Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.Recent Insider Transactions • Sep 15President & COO recently bought US$462k worth of stockOn the 10th of September, John Watters bought around 25k shares on-market at roughly US$18.49 per share. In the last 3 months, they made an even bigger purchase worth US$681k. John has been a buyer over the last 12 months, purchasing a net total of US$2.3m worth in shares.Price Target Changed • Aug 31Price target decreased to US$20.32Down from US$22.33, the current price target is an average from 9 analysts. New target price is 12% above last closing price of US$18.19. Stock is up 21% over the past year.Seeking Alpha • Aug 25FireEye: Cheaply Valued Cybersecurity StockFireEye is divesting its hardware business. The ongoing business isn't so attractive, at least on the surface. But there's more here than meets the eye. FireEye is the only cybersecurity stock that hasn't rallied in the past three months. At 8x forward sales, together with a 10% share buyback program, this stock is worthwhile considering.Recent Insider Transactions • Aug 23President & COO recently bought US$681k worth of stockOn the 20th of August, John Watters bought around 40k shares on-market at roughly US$17.02 per share. This was the largest purchase by an insider in the last 3 months. John has been a buyer over the last 12 months, purchasing a net total of US$1.3m worth in shares.Recent Insider Transactions • Aug 12President & COO recently bought US$178k worth of stockOn the 10th of August, John Watters bought around 10k shares on-market at roughly US$17.82 per share. In the last 3 months, they made an even bigger purchase worth US$469k. John has been a buyer over the last 12 months, purchasing a net total of US$647k worth in shares.Major Estimate Revision • Aug 12Consensus revenue estimates fall to US$479.8mThe consensus outlook for revenues in 2021 has deteriorated. 2021 revenue forecast decreased from US$1.02b to US$479.8m. Forecast losses increased from -US$0.73 to -US$1.27 per share. Software industry in the US expected to see average net income growth of 4.4% next year. Consensus price target down from US$22.33 to US$20.77. Share price fell 14% to US$17.64 over the past week.Reported Earnings • Aug 06Second quarter 2021 earnings released: US$0.44 loss per share (vs US$0.24 loss in 2Q 2020)The company reported a poor second quarter result with increased losses, weaker revenues and weaker control over costs. Second quarter 2021 results: Revenue: US$113.9m (down 51% from 2Q 2020). Net loss: US$103.7m (loss widened 95% from 2Q 2020). Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.Seeking Alpha • Jun 29FireEye: Solid Company, Wrong PriceFireEye recently sold its product and service business to focus on the fast-growing Mandiant product line. According to my analysis, I think the company has much of its upside already priced in and is currently not a buy based on fundamentals. However, the current industry headwinds and positive sentiments could push the stock price to higher levels in the short term.Recent Insider Transactions • Jun 05President & COO recently bought US$469k worth of stockOn the 4th of June, John Watters bought around 25k shares on-market at roughly US$18.75 per share. This was the largest purchase by an insider in the last 3 months. This was John's only on-market trade for the last 12 months.Recent Insider Transactions Derivative • May 09Executive VP notifies of intention to sell stockFrank Verdecanna intends to sell 88k shares in the next 90 days after lodging an Intent To Sell Form on the 5th of May. If the sale is conducted around the recent share price of US$19.55, it would amount to US$1.7m. Since June 2020, Frank's direct individual holding has decreased from 515.90k shares to 336.99k. There has only been one transaction (US$1.4m sale) from insiders over the last 12 months.Reported Earnings • May 01First quarter 2021 earnings released: US$0.23 loss per share (vs US$0.35 loss in 1Q 2020)The company reported a solid first quarter result with reduced losses, improved revenues and improved control over expenses. First quarter 2021 results: Revenue: US$246.3m (up 9.6% from 1Q 2020). Net loss: US$55.2m (loss narrowed 28% from 1Q 2020). Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.Executive Departure • Mar 03Consultant has left the companyOn the 2nd of March, Travis Reese's tenure as Consultant ended after less than a year in the role. As of December 2020, Travis personally held 675.79k shares (US$16m worth at the time). A total of 2 executives have left over the last 12 months.Reported Earnings • Mar 01Full year 2020 earnings released: US$0.95 loss per share (vs US$1.24 loss in FY 2019)The company reported a solid full year result with reduced losses, improved revenues and improved control over expenses. Full year 2020 results: Revenue: US$940.6m (up 5.8% from FY 2019). Net loss: US$213.0m (loss narrowed 17% from FY 2019). Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.Analyst Estimate Surprise Post Earnings • Mar 01Revenue and earnings beat expectationsRevenue exceeded analyst estimates by 0.8%. Earnings per share (EPS) also surpassed analyst estimates by 3.5%. Over the next year, revenue is forecast to grow 6.8%, compared to a 19% growth forecast for the Software industry in the US.Recent Insider Transactions Derivative • Feb 20Insider notifies of intention to sell stockAlexa King intends to sell 40k shares in the next 90 days after lodging an Intent To Sell Form on the 17th of February. If the sale is conducted around the recent share price of US$21.07, it would amount to US$839k. Since March 2020, Alexa's direct individual holding has decreased from 359.48k shares to 314.12k. There have been no trades via on-market transactions or options from company insiders in the last 12 months.Major Estimate Revision • Feb 09Analysts update estimatesThe 2021 consensus revenue estimate increased from US$992.6m to US$1.00b. The company's losses in 2021 are expected to worsen with analysts lowering their EPS forecasts from -US$0.57 to -US$0.70. The Software industry in the US is expected to see an average net income growth of 10% next year. The consensus price target increased from US$19.53 to US$22.60. Share price stayed mostly flat at US$21.46 over the past week.Price Target Changed • Feb 04Price target raised to US$22.27Up from US$19.53, the current price target is an average from 16 analysts. The new target price is 11% above the current share price of US$20.07. As of last close, the stock is up 25% over the past year.Reported Earnings • Feb 04Full year 2020 earnings released: US$0.93 loss per share (vs US$1.24 loss in FY 2019)The company reported a solid full year result with reduced losses, improved revenues and improved control over expenses. Full year 2020 results: Revenue: US$940.6m (up 5.8% from FY 2019). Net loss: US$208.4m (loss narrowed 19% from FY 2019). Over the last 3 years on average, earnings per share has increased by 16% per year whereas the company’s share price has increased by 12% per year.Analyst Estimate Surprise Post Earnings • Feb 04Revenue and earnings beat expectationsRevenue exceeded analyst estimates by 0.8%. Earnings per share (EPS) also surpassed analyst estimates by 3.5%. Over the next year, revenue is forecast to grow 5.5%, compared to a 18% growth forecast for the Software industry in the US.Price Target Changed • Jan 21Price target raised to US$19.07Up from US$17.71, the current price target is an average from 16 analysts. The new target price is 16% below the current share price of US$22.60. As of last close, the stock is up 37% over the past year.Price Target Changed • Jan 09Price target raised to US$18.64Up from US$17.29, the current price target is an average from 15 analysts. The new target price is 18% below the current share price of US$22.70. As of last close, the stock is up 34% over the past year.Recent Insider Transactions Derivative • Dec 25Executive VP notifies of intention to sell stockWilliam Robbins intends to sell roughly 100.00k shares in the next 90 days after lodging an Intent To Sell Form on the 18th of December. If the sale is conducted around the recent share price of US$14.38, it would amount to US$1.4m. Since March 2020, William's direct individual holding has increased from 109.52k shares to 153.24k. There have been no trades via on-market transactions or options from company insiders in the last 12 months.Is New 90 Day High Low • Dec 19New 90-day high: US$19.23The company is up 53% from its price of US$12.60 on 18 September 2020. The American market is up 15% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is up 15% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is US$8.53 per share.Is New 90 Day High Low • Nov 28New 90-day high: US$15.36The company is up 4.0% from its price of US$14.81 on 28 August 2020. The American market is up 6.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Software industry, which is down 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is US$6.95 per share.Reported Earnings • Oct 29Third quarter earnings releasedOver the last 12 months the company has reported total losses of US$217.9m, with losses narrowing by 15% from the prior year. Total revenue was US$928.2m over the last 12 months, up 6.5% from the prior year.Analyst Estimate Surprise Post Earnings • Oct 29Third-quarter earnings released: Revenue beats expectations, earnings disappointThird-quarter revenue exceeded analyst estimates by 4.7% at US$238.5m. Earnings per share (EPS) missed analyst estimates by 6.8% at -US$0.17. Revenue is forecast to grow 4.2% over the next year, compared to a 17% growth forecast for the Software industry in the US.決済の安定と成長配当データの取得安定した配当: MNDTの 1 株当たり配当が過去に安定していたかどうかを判断するにはデータが不十分です。増加する配当: MNDTの配当金が増加しているかどうかを判断するにはデータが不十分です。配当利回り対市場Mandiant 配当利回り対市場MNDT 配当利回りは市場と比べてどうか？セグメント配当利回り会社 (MNDT)n/a市場下位25% (US)1.4%市場トップ25% (US)4.2%業界平均 (Software)0.9%アナリスト予想 (MNDT) (最長3年)0%注目すべき配当: MNDTは最近配当金を報告していないため、配当金支払者の下位 25% に対して同社の配当利回りを評価することはできません。高配当: MNDTは最近配当金を報告していないため、配当金支払者の上位 25% に対して同社の配当利回りを評価することはできません。株主への利益配当収益カバレッジ: MNDTの 配当性向 を計算して配当金の支払いが利益で賄われているかどうかを判断するにはデータが不十分です。株主配当金キャッシュフローカバレッジ: MNDTが配当金を報告していないため、配当金の持続可能性を計算できません。高配当企業の発掘7D1Y7D1Y7D1YUS 市場の強力な配当支払い企業。View Management企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2022/09/12 16:22終値2022/09/09 00:00収益2022/06/30年間収益2021/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Mandiant, Inc. 5 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。33 アナリスト機関Jamie SheltonArete Research Services LLPJonathan RuykhaverBairdRaimo LenschowBarclays30 その他のアナリストを表示
Seeking Alpha • Sep 09Mandiant jumps on Nasdaq notice of last trading day with Google dealMandiant (MNDT) ticked up 0.6% after a Nasdaq notice indicated Friday would be the last trading day as the company completes its sale to Google (NASDAQ:GOOGL). In July the U.S. Dept. of Justice grated earlier termination of the waiting period in connection with Google's (GOOGL) $5.4 billion planned acquisition of the cybersecurity firm. Google (GOOGL) agreed to buy cybersecurity firm Mandiant Inc. (NASDAQ:MNDT) for $23/share in March.
Seeking Alpha • Aug 02Mandiant Non-GAAP EPS of -$0.13 misses by $0.03, revenue of $137.92M beats by $6.45MMandiant press release (NASDAQ:MNDT): Q2 Non-GAAP EPS of -$0.13 misses by $0.03. Revenue of $137.92M (+21.1% Y/Y) beats by $6.45M. Given the announcement made on March 8, 2022, regarding the company’s entry into a definitive agreement to be acquired by Google LLC, Mandiant will not be providing financial guidance for the third quarter of 2022 or updated financial guidance for the full-year 2022. The company’s previously issued full-year 2022 financial guidance should no longer be relied upon. Due to the pending transaction with Google LLC, the company will not host a conference call in conjunction with this release.
Seeking Alpha • Jul 18Mandiant gains after getting DOJ antitrust approval for Google dealMandiant (NASDAQ:MNDT) gained 2.3% in after hours trading after the U.S. Dept. of Justice grated earlier termination of the waiting period in connection with Google's (NASDAQ:GOOGL) $5.4 billion planned acquisition of the cybersecurity firm. On Friday, the DOJ granted early termination of the waiting period under the HSR Act with respect to the transaction, according to an 8-K filing. Mandiant (MNDT) and Google (GOOGL) continue to expect the closing of the deal to occur by the end of the year. The antitrust approval comes after Google (GOOGL) and Mandiant (MNDT) received a request for additional information from the DOJ in May. Dealreporter said in May that Google (GOOGL) doesn't believe that it will have to notify China or gain approval from the country's antitrust regulator at least partly due to Mandiant's (MNDT). Google (GOOGL) agreed to buy cybersecurity firm Mandiant Inc. (MNDT) for $23/share in March. Google was competing with Microsoft (MSFT) for the cybersecurity firm, though it reportedly walked away from the deal.
Recent Insider Transactions Derivative • Jun 04Independent Director notifies of intention to sell stockKimberly Alexy intends to sell 23k shares in the next 90 days after lodging an Intent To Sell Form on the 31st of May. If the sale is conducted around the recent share price of US$22.12, it would amount to US$511k. Since June 2021, Kimberly's direct individual holding has decreased from 82.90k shares to 59.80k. Company insiders have collectively bought US$762k more than they sold, via options and on-market transactions, in the last 12 months.
Reported Earnings • May 04First quarter 2022 earnings: EPS exceeds analyst expectationsFirst quarter 2022 results: US$0.42 loss per share (down from US$0.39 loss in 1Q 2021). Revenue: US$130.1m (up 14% from 1Q 2021). Net loss: US$96.7m (loss widened 6.2% from 1Q 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 18%. Over the next year, revenue is forecast to grow 20%, compared to a 36% growth forecast for the industry in the US. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings.
Price Target Changed • Mar 24Price target increased to US$21.06Up from US$19.35, the current price target is an average from 10 analysts. New target price is 5.2% below last closing price of US$22.22. The company is forecast to post a net loss per share of US$1.52 next year compared to a net loss per share of US$1.82 last year.
Seeking Alpha • Mar 14Merger Arbitrage Mondays: Google Acquires Cybersecurity Firm MandiantTwo out of the three new deals announced last week were potential deals in the works. Google is paying $5.4 billion to acquire Mandiant. Four SPAC Business Combinations terminated last week.
Recent Insider Transactions Derivative • Mar 11Executive VP & Chief Revenue Officer notifies of intention to sell stockWilliam Robbins intends to sell 150k shares in the next 90 days after lodging an Intent To Sell Form on the 7th of March. If the sale is conducted around the recent share price of US$19.38, it would amount to US$2.9m. Since June 2021, William's direct individual holding has increased from 161.09k shares to 232.08k. Company insiders have collectively sold US$153k more than they bought, via options and on-market transactions in the last 12 months.
Recent Insider Transactions Derivative • Mar 06Executive VP & CFO notifies of intention to sell stockFrank Verdecanna intends to sell 50k shares in the next 90 days after lodging an Intent To Sell Form on the 1st of March. If the sale is conducted around the recent share price of US$19.80, it would amount to US$990k. Since June 2021, Frank's direct individual holding has increased from 568.38k shares to 570.63k. Company insiders have collectively sold US$153k more than they bought, via options and on-market transactions in the last 12 months.
Seeking Alpha • Feb 22Is Mandiant Stock A Buy Or Sell At Its Current Valuation?Mandiant is a company with an attractive industry focus and compelling growth in recent quarters. Mandiant is far from profitable, however. Near-term profitability is far from certain. With Mandiant's shares spiking due to takeover speculation, I do not believe that it's a great time to enter a position here.
Recent Insider Transactions Derivative • Feb 19Independent Director notifies of intention to sell stockRonald E. Codd intends to sell 78k shares in the next 90 days after lodging an Intent To Sell Form on the 14th of February. If the sale is conducted around the recent share price of US$18.63, it would amount to US$1.5m. Since June 2021, Ronald E. has owned 136.63k shares directly. Company insiders have collectively bought US$1.1m more than they sold, via options and on-market transactions, in the last 12 months.
Reported Earnings • Feb 10Full year 2021 earnings: EPS misses analyst expectationsFull year 2021 results: US$1.81 loss per share (down from US$0.95 loss in FY 2020). Revenue: US$483.5m (down 49% from FY 2020). Net loss: US$428.1m (loss widened 101% from FY 2020). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 409%. Over the next year, revenue is forecast to grow 18%, compared to a 227% growth forecast for the industry in the US. Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has increased by 4% per year.
Seeking Alpha • Jan 28Mandiant: Billions In Cash And Recurrent Revenue Justify A Higher ValuationMandiant, Inc. offers intelligence-based cybersecurity solutions, including threat intelligence, security validation, and automated alert investigation included in the Mandiant Advantage platform. The company also has a significant amount of cash to finance new marketing activities to attract new customers. It is very relevant to note that the company’s recurring revenue continues to grow at a CAGR of 24%. If the company signs new M&A agreements, hires new sales engineers, and develops new solutions, revenue growth will most likely trend north. If we use a WACC of 5.5%, the sum of the FCFs stands at $2.3 billion. I also used an EBITDA multiple of 25x, which would imply an IRR close to 20%-21.5%.
Recent Insider Transactions • Nov 29President & COO recently bought US$165k worth of stockOn the 23rd of November, John Watters bought around 10k shares on-market at roughly US$16.55 per share. In the last 3 months, they made an even bigger purchase worth US$462k. John has been a buyer over the last 12 months, purchasing a net total of US$2.4m worth in shares.
Recent Insider Transactions Derivative • Nov 13Independent Director notifies of intention to sell stockRonald E. Codd intends to sell 40k shares in the next 90 days after lodging an Intent To Sell Form on the 8th of November. If the sale is conducted around the recent share price of US$18.01, it would amount to US$720k. Since June 2021, Ronald E. has owned 136.63k shares directly. Company insiders have collectively bought US$1.6m more than they sold, via options and on-market transactions, in the last 12 months.
Reported Earnings • Nov 05Third quarter 2021 earnings released: US$0.45 loss per share (vs US$0.17 loss in 3Q 2020)The company reported a poor third quarter result with increased losses, weaker revenues and weaker control over costs. Third quarter 2021 results: Revenue: US$122.0m (down 49% from 3Q 2020). Net loss: US$105.9m (loss widened 171% from 3Q 2020). Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.
Recent Insider Transactions • Sep 15President & COO recently bought US$462k worth of stockOn the 10th of September, John Watters bought around 25k shares on-market at roughly US$18.49 per share. In the last 3 months, they made an even bigger purchase worth US$681k. John has been a buyer over the last 12 months, purchasing a net total of US$2.3m worth in shares.
Price Target Changed • Aug 31Price target decreased to US$20.32Down from US$22.33, the current price target is an average from 9 analysts. New target price is 12% above last closing price of US$18.19. Stock is up 21% over the past year.
Seeking Alpha • Aug 25FireEye: Cheaply Valued Cybersecurity StockFireEye is divesting its hardware business. The ongoing business isn't so attractive, at least on the surface. But there's more here than meets the eye. FireEye is the only cybersecurity stock that hasn't rallied in the past three months. At 8x forward sales, together with a 10% share buyback program, this stock is worthwhile considering.
Recent Insider Transactions • Aug 23President & COO recently bought US$681k worth of stockOn the 20th of August, John Watters bought around 40k shares on-market at roughly US$17.02 per share. This was the largest purchase by an insider in the last 3 months. John has been a buyer over the last 12 months, purchasing a net total of US$1.3m worth in shares.
Recent Insider Transactions • Aug 12President & COO recently bought US$178k worth of stockOn the 10th of August, John Watters bought around 10k shares on-market at roughly US$17.82 per share. In the last 3 months, they made an even bigger purchase worth US$469k. John has been a buyer over the last 12 months, purchasing a net total of US$647k worth in shares.
Major Estimate Revision • Aug 12Consensus revenue estimates fall to US$479.8mThe consensus outlook for revenues in 2021 has deteriorated. 2021 revenue forecast decreased from US$1.02b to US$479.8m. Forecast losses increased from -US$0.73 to -US$1.27 per share. Software industry in the US expected to see average net income growth of 4.4% next year. Consensus price target down from US$22.33 to US$20.77. Share price fell 14% to US$17.64 over the past week.
Reported Earnings • Aug 06Second quarter 2021 earnings released: US$0.44 loss per share (vs US$0.24 loss in 2Q 2020)The company reported a poor second quarter result with increased losses, weaker revenues and weaker control over costs. Second quarter 2021 results: Revenue: US$113.9m (down 51% from 2Q 2020). Net loss: US$103.7m (loss widened 95% from 2Q 2020). Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.
Seeking Alpha • Jun 29FireEye: Solid Company, Wrong PriceFireEye recently sold its product and service business to focus on the fast-growing Mandiant product line. According to my analysis, I think the company has much of its upside already priced in and is currently not a buy based on fundamentals. However, the current industry headwinds and positive sentiments could push the stock price to higher levels in the short term.
Recent Insider Transactions • Jun 05President & COO recently bought US$469k worth of stockOn the 4th of June, John Watters bought around 25k shares on-market at roughly US$18.75 per share. This was the largest purchase by an insider in the last 3 months. This was John's only on-market trade for the last 12 months.
Recent Insider Transactions Derivative • May 09Executive VP notifies of intention to sell stockFrank Verdecanna intends to sell 88k shares in the next 90 days after lodging an Intent To Sell Form on the 5th of May. If the sale is conducted around the recent share price of US$19.55, it would amount to US$1.7m. Since June 2020, Frank's direct individual holding has decreased from 515.90k shares to 336.99k. There has only been one transaction (US$1.4m sale) from insiders over the last 12 months.
Reported Earnings • May 01First quarter 2021 earnings released: US$0.23 loss per share (vs US$0.35 loss in 1Q 2020)The company reported a solid first quarter result with reduced losses, improved revenues and improved control over expenses. First quarter 2021 results: Revenue: US$246.3m (up 9.6% from 1Q 2020). Net loss: US$55.2m (loss narrowed 28% from 1Q 2020). Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.
Executive Departure • Mar 03Consultant has left the companyOn the 2nd of March, Travis Reese's tenure as Consultant ended after less than a year in the role. As of December 2020, Travis personally held 675.79k shares (US$16m worth at the time). A total of 2 executives have left over the last 12 months.
Reported Earnings • Mar 01Full year 2020 earnings released: US$0.95 loss per share (vs US$1.24 loss in FY 2019)The company reported a solid full year result with reduced losses, improved revenues and improved control over expenses. Full year 2020 results: Revenue: US$940.6m (up 5.8% from FY 2019). Net loss: US$213.0m (loss narrowed 17% from FY 2019). Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.
Analyst Estimate Surprise Post Earnings • Mar 01Revenue and earnings beat expectationsRevenue exceeded analyst estimates by 0.8%. Earnings per share (EPS) also surpassed analyst estimates by 3.5%. Over the next year, revenue is forecast to grow 6.8%, compared to a 19% growth forecast for the Software industry in the US.
Recent Insider Transactions Derivative • Feb 20Insider notifies of intention to sell stockAlexa King intends to sell 40k shares in the next 90 days after lodging an Intent To Sell Form on the 17th of February. If the sale is conducted around the recent share price of US$21.07, it would amount to US$839k. Since March 2020, Alexa's direct individual holding has decreased from 359.48k shares to 314.12k. There have been no trades via on-market transactions or options from company insiders in the last 12 months.
Major Estimate Revision • Feb 09Analysts update estimatesThe 2021 consensus revenue estimate increased from US$992.6m to US$1.00b. The company's losses in 2021 are expected to worsen with analysts lowering their EPS forecasts from -US$0.57 to -US$0.70. The Software industry in the US is expected to see an average net income growth of 10% next year. The consensus price target increased from US$19.53 to US$22.60. Share price stayed mostly flat at US$21.46 over the past week.
Price Target Changed • Feb 04Price target raised to US$22.27Up from US$19.53, the current price target is an average from 16 analysts. The new target price is 11% above the current share price of US$20.07. As of last close, the stock is up 25% over the past year.
Reported Earnings • Feb 04Full year 2020 earnings released: US$0.93 loss per share (vs US$1.24 loss in FY 2019)The company reported a solid full year result with reduced losses, improved revenues and improved control over expenses. Full year 2020 results: Revenue: US$940.6m (up 5.8% from FY 2019). Net loss: US$208.4m (loss narrowed 19% from FY 2019). Over the last 3 years on average, earnings per share has increased by 16% per year whereas the company’s share price has increased by 12% per year.
Analyst Estimate Surprise Post Earnings • Feb 04Revenue and earnings beat expectationsRevenue exceeded analyst estimates by 0.8%. Earnings per share (EPS) also surpassed analyst estimates by 3.5%. Over the next year, revenue is forecast to grow 5.5%, compared to a 18% growth forecast for the Software industry in the US.
Price Target Changed • Jan 21Price target raised to US$19.07Up from US$17.71, the current price target is an average from 16 analysts. The new target price is 16% below the current share price of US$22.60. As of last close, the stock is up 37% over the past year.
Price Target Changed • Jan 09Price target raised to US$18.64Up from US$17.29, the current price target is an average from 15 analysts. The new target price is 18% below the current share price of US$22.70. As of last close, the stock is up 34% over the past year.
Recent Insider Transactions Derivative • Dec 25Executive VP notifies of intention to sell stockWilliam Robbins intends to sell roughly 100.00k shares in the next 90 days after lodging an Intent To Sell Form on the 18th of December. If the sale is conducted around the recent share price of US$14.38, it would amount to US$1.4m. Since March 2020, William's direct individual holding has increased from 109.52k shares to 153.24k. There have been no trades via on-market transactions or options from company insiders in the last 12 months.
Is New 90 Day High Low • Dec 19New 90-day high: US$19.23The company is up 53% from its price of US$12.60 on 18 September 2020. The American market is up 15% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is up 15% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is US$8.53 per share.
Is New 90 Day High Low • Nov 28New 90-day high: US$15.36The company is up 4.0% from its price of US$14.81 on 28 August 2020. The American market is up 6.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Software industry, which is down 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is US$6.95 per share.
Reported Earnings • Oct 29Third quarter earnings releasedOver the last 12 months the company has reported total losses of US$217.9m, with losses narrowing by 15% from the prior year. Total revenue was US$928.2m over the last 12 months, up 6.5% from the prior year.
Analyst Estimate Surprise Post Earnings • Oct 29Third-quarter earnings released: Revenue beats expectations, earnings disappointThird-quarter revenue exceeded analyst estimates by 4.7% at US$238.5m. Earnings per share (EPS) missed analyst estimates by 6.8% at -US$0.17. Revenue is forecast to grow 4.2% over the next year, compared to a 17% growth forecast for the Software industry in the US.