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NASDAQ:CVLT

Commvault Systems (CVLT) Stock Price, News & Analysis

$124.60
+2.36 (+1.93%)
(As of 07/26/2024 ET)
Today's Range
$122.74
$125.43
50-Day Range
$107.59
$125.88
52-Week Range
$63.70
$127.94
Volume
234,538 shs
Average Volume
331,911 shs
Market Capitalization
$5.45 billion
P/E Ratio
33.14
Dividend Yield
N/A
Price Target
$124.29

Commvault Systems MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.57 Rating Score
Upside/​Downside
0.3% Downside
$124.29 Price Target
Short Interest
Healthy
1.84% of Float Sold Short
Dividend Strength
N/A
Sustainability
-0.72
Upright™ Environmental Score
News Sentiment
0.94mentions of Commvault Systems in the last 14 days
Based on 11 Articles This Week
Insider Trading
Selling Shares
$6.61 M Sold Last Quarter
Proj. Earnings Growth
14.71%
From $1.70 to $1.95 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.

4.54 out of 5 stars

Computer And Technology Sector

103rd out of 612 stocks

Prepackaged Software Industry

31st out of 202 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

AI cybersecurity padlock computer
Commvault Stock: AI Cybersecurity Giant Ready to Double Again
Commvault Systems NASDAQ: CVLT share price nearly doubled in the last nine months because of its utility and appeal for business. The company is a leading data protection and recovery service focused on fighting AI-driven threats.
AI cybersecurity padlock computer
Commvault Stock: AI Cybersecurity Giant Ready to Double Again
Commvault's shift to the SaaS model is gaining traction and driving growth for this AI-powered data protection service. Analysts and institutions are buying.
Nvidia’s Quiet $1 Trillion Pivot
Nvidia recently added $277 billion in market cap … IN ONE DAY.
Commvault Systems (NASDAQ:CVLT) Reaches New 12-Month High at $127.94
3 Rising Stocks That Can Keep Up With the Magnificent 7
Nvidia’s Quiet $1 Trillion Pivot
Nvidia recently added $277 billion in market cap … IN ONE DAY.
6 Small-Cap Stocks About to Rally
See More Headlines
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Company Calendar

Last Earnings
4/30/2024
Today
7/26/2024
Next Earnings (Confirmed)
7/30/2024
Fiscal Year End
3/31/2025

Industry, Sector and Symbol

Industry
Prepackaged software
Sub-Industry
Systems Software
Current Symbol
NASDAQ:CVLT
CUSIP
20416610
Employees
2,882
Year Founded
1996

Price Target and Rating

Average Stock Price Target
$124.29
High Stock Price Target
$140.00
Low Stock Price Target
$98.00
Potential Upside/Downside
-0.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.57
Research Coverage
7 Analysts

Profitability

Net Income
$168.91 million
Pretax Margin
9.96%

Debt

Sales & Book Value

Annual Sales
$839.25 million
Cash Flow
$2.20 per share
Book Value
$6.35 per share

Miscellaneous

Free Float
43,330,000
Market Cap
$5.45 billion
Optionable
Optionable
Beta
0.61

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Key Executives


CVLT Stock Analysis - Frequently Asked Questions

How have CVLT shares performed this year?

Commvault Systems' stock was trading at $79.85 at the beginning of the year. Since then, CVLT shares have increased by 56.0% and is now trading at $124.60.
View the best growth stocks for 2024 here
.

How were Commvault Systems' earnings last quarter?

Commvault Systems, Inc. (NASDAQ:CVLT) posted its earnings results on Tuesday, April, 30th. The software maker reported $0.42 earnings per share for the quarter, beating analysts' consensus estimates of $0.32 by $0.10. The software maker had revenue of $223.29 million for the quarter, compared to analysts' expectations of $213 million. Commvault Systems had a trailing twelve-month return on equity of 31.27% and a net margin of 20.13%.

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.

Does Commvault Systems have any subsidiaries?

Commvault Systems subsidiaries include these companies: Hedvig, Advanced Data Life Cycle Management Inc., Commvault Capital Inc., Commvault Software Technology (Beijing) Co. Ltd, Commvault System (Istanbul) Inc., Commvault Systems AB Srl, Commvault Systems (Australia) Pty. Ltd., and more.

Who are Commvault Systems' major shareholders?

Top institutional investors of Commvault Systems include Bank of New York Mellon Corp (1.12%), M&G Plc (0.19%), New York State Teachers Retirement System (0.14%) and Retirement Systems of Alabama (0.12%). Insiders that own company stock include Sanjay Mirchandani, Gary Merrill, Blasio Riccardo Di, Gary B Smith, James J Whalen, Vivie Lee, Allison Pickens, Martha Helena Bejar and Brian Carolan.
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.

What other stocks do shareholders of Commvault Systems own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Commvault Systems investors own include Xtrackers California Municipal Bond ETF (CA), BlackRock (BLK), Endologix (ELGX), Athabasca Oil (ATH), Chipotle Mexican Grill (CMG), NIC (EGOV) and Aegean Marine Petroleum Network (ANW).

This page (NASDAQ:CVLT) was last updated on 7/26/2024 by MarketBeat.com Staff

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