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NASDAQ:CVLT

Commvault Systems (CVLT) Stock Price, News & Analysis

$95.07
+0.44 (+0.46%)
(As of 01:39 PM ET)
Today's Range
$94.62
$96.02
50-Day Range
$91.52
$101.43
52-Week Range
$56.76
$102.21
Volume
63,521 shs
Average Volume
301,968 shs
Market Capitalization
$4.16 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$85.60

Commvault Systems MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
10.1% Downside
$85.60 Price Target
Short Interest
N/A
Dividend Strength
N/A
Sustainability
-0.72
Upright™ Environmental Score
News Sentiment
0.52mentions of Commvault Systems in the last 14 days
Based on 8 Articles This Week
Insider Trading
Selling Shares
$2.28 M Sold Last Quarter
Proj. Earnings Growth
5.93%
From $1.35 to $1.43 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.74 out of 5 stars

Computer And Technology Sector

539th out of 584 stocks

Prepackaged Software Industry

180th out of 193 stocks

CVLT stock logo

About Commvault Systems Stock (NASDAQ:CVLT)

Commvault Systems, Inc. provides data protection platform that helps customers to secure, defend, and recover their data in the United States and internationally. The company offers Commvault Backup and Recovery, a backup and recovery solution; Commvault Disaster Recovery, a replication and disaster recovery solution; Commvault Complete Data Protection, a data protection solution; and Metallic Data Protection as-a-service, which delivers enterprise-grade data protection as a service on a cloud platform, with advanced built-in security controls. It also provides Commvault HyperScale X, an easy-to-deploy scale-out solution; and Metallic Recovery Reserve, an easy button to adopt secure and scalable cloud storage in minutes. In addition, the company provides technology consulting, Ransomware recovery, education, and remote managed services. Further, it sells appliances that integrate the software with hardware for use in a range of business needs and use cases; and offers customer support, consulting, assessment and design, and installation services, as well as customer education and as-a-service under the Metallic brand. The company sells its products and services directly through its sales force, and indirectly through its network of distributors, value-added resellers, systems integrators, corporate resellers, and original equipment manufacturers to large enterprises, small or med-sized businesses, and government agencies. It supports customers in a range of industries, including banking, insurance and financial services, government, healthcare, pharmaceuticals and medical services, technology, legal, manufacturing, utilities, and energy. Commvault Systems, Inc. was founded in 1988 and is headquartered in Tinton Falls, New Jersey.

CVLT Stock Price History

CVLT Stock News Headlines

Biden to Launch “FedNOW” [Move Your Money Now]
Earlier this year President Biden signed the death warrant for America… Executive Order 14067 will essentially cancel your money. You see Biden and the Fed have teamed up to create a controllable, traceable, programmable digital currency to replace the dollar...
Commvault Systems Inc
Biden to Launch “FedNOW” [Move Your Money Now]
Earlier this year President Biden signed the death warrant for America… Executive Order 14067 will essentially cancel your money. You see Biden and the Fed have teamed up to create a controllable, traceable, programmable digital currency to replace the dollar...
CVLT Apr 2024 77.500 put
Couchbase Earnings: What To Look For From BASE
CVLT Mar 2024 110.000 call
CVLT Mar 2024 90.000 put
CVLT Feb 2024 100.000 call
CVLT Feb 2024 87.500 put
Commvault price target raised by $11 at RBC Capital, here's why
See More Headlines
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Company Calendar

Last Earnings
1/30/2024
Today
4/18/2024
Next Earnings (Confirmed)
4/30/2024
Fiscal Year End
3/31/2025

Industry, Sector and Symbol

Industry
Prepackaged software
Sub-Industry
Systems Software
Current Symbol
NASDAQ:CVLT
CUSIP
20416610
Employees
2,779
Year Founded
1996

Price Target and Rating

Average Stock Price Target
$85.60
High Stock Price Target
$109.00
Low Stock Price Target
$65.00
Potential Upside/Downside
-9.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
4 Analysts

Profitability

Net Income
$-35,770,000.00
Pretax Margin
2.80%

Debt

Sales & Book Value

Annual Sales
$784.59 million
Cash Flow
$1.50 per share
Book Value
$4.18 per share

Miscellaneous

Free Float
43,341,000
Market Cap
$4.14 billion
Optionable
Optionable
Beta
0.62

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Key Executives


CVLT Stock Analysis - Frequently Asked Questions

Should I buy or sell Commvault Systems stock right now?

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Commvault Systems in the last year. There are currently 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" CVLT shares.
View CVLT analyst ratings
or view top-rated stocks.

What is Commvault Systems' stock price target for 2024?

4 brokerages have issued 1 year price targets for Commvault Systems' stock. Their CVLT share price targets range from $65.00 to $109.00. On average, they expect the company's share price to reach $85.60 in the next twelve months. This suggests that the stock has a possible downside of 10.1%.
View analysts price targets for CVLT
or view top-rated stocks among Wall Street analysts.

How have CVLT shares performed in 2024?

Commvault Systems' stock was trading at $79.85 at the beginning of the year. Since then, CVLT stock has increased by 19.2% and is now trading at $95.22.
View the best growth stocks for 2024 here
.

When is Commvault Systems' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 30th 2024.
View our CVLT earnings forecast
.

How can I listen to Commvault Systems' earnings call?

Commvault Systems will be holding an earnings conference call on Tuesday, April 30th at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link.

How were Commvault Systems' earnings last quarter?

Commvault Systems, Inc. (NASDAQ:CVLT) announced its quarterly earnings results on Tuesday, January, 30th. The software maker reported $0.78 EPS for the quarter, beating analysts' consensus estimates of $0.73 by $0.05. The software maker earned $216.81 million during the quarter, compared to analyst estimates of $208.01 million. Commvault Systems had a negative net margin of 0.09% and a positive trailing twelve-month return on equity of 32.27%. The company's revenue was up 11.1% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.17 EPS.

What guidance has Commvault Systems issued on next quarter's earnings?

Commvault Systems issued an update on its fourth quarter 2024 earnings guidance on Tuesday, January, 30th. The company provided EPS guidance of for the period. The company issued revenue guidance of $210.0 million-$214.0 million, compared to the consensus revenue estimate of $210.2 million.

What is Sanjay Mirchandani's approval rating as Commvault Systems' CEO?

70 employees have rated Commvault Systems Chief Executive Officer Sanjay Mirchandani on Glassdoor.com. Sanjay Mirchandani has an approval rating of 66% among the company's employees.

What other stocks do shareholders of Commvault Systems own?
Who are Commvault Systems' major shareholders?

Commvault Systems' stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Los Angeles Capital Management LLC (0.05%), Tealwood Asset Management Inc. (0.04%) and Diversified Trust Co (0.02%). Insiders that own company stock include Allison Pickens, Blasio Riccardo Di, Brian Carolan, Gary B Smith, Gary Merrill, James J Whalen, Martha Helena Bejar, Sanjay Mirchandani and Vivie Lee.
View institutional ownership trends
.

How do I buy shares of Commvault Systems?

Shares of CVLT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does Commvault Systems have any subsidiaries?
The following companies are subsidiares of Commvault Systems: Advanced Data Life Cycle Management Inc., CV Simpana Software (Proprietary) Limited, Commvault Capital Inc., Commvault Software Technology (Beijing) Co. Ltd, Commvault System (Istanbul) Inc., Commvault System S.L.U., Commvault Systems (Australia) Pty. Ltd., Commvault Systems (Austria) GmbH, Commvault Systems (Canada) Inc., Commvault Systems (Hong Kong) Limited, Commvault Systems (India) Private Limited, Commvault Systems (Israel) Ltd., Commvault Systems (Japan) KK, Commvault Systems (Malaysia) Sdn. Bhd., Commvault Systems (New Zealand) Limited, Commvault Systems (Poland) sp. zo.o., Commvault Systems (Singapore) Private Limited, Commvault Systems (Switzerland) GmbH, Commvault Systems (Thailand) Ltd., Commvault Systems AB Srl, Commvault Systems Belgium BVBA, Commvault Systems GmbH, Commvault Systems International B.V., Commvault Systems Ireland Limited, Commvault Systems Italia Srl, Commvault Systems Limited, Commvault Systems Mexico S. de R.L. de C.V., Commvault Tinton Falls Urban Renewal LLC, and Hedvig.
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This page (NASDAQ:CVLT) was last updated on 4/18/2024 by MarketBeat.com Staff

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