CommVault Systems Stock Price, News & Analysis (NASDAQ:CVLT)

$45.08
+0.64 (+1.44 %)
(As of 09/20/2019 04:00 PM ET)
Today's Range
$44.44
Now: $45.08
$45.28
50-Day Range
$40.93
MA: $43.43
$46.54
52-Week Range
$40.73
Now: $45.08
$70.70
Volume1.89 million shs
Average Volume490,009 shs
Market Capitalization$2.04 billion
P/E Ratio84.68
Dividend YieldN/A
Beta1.11
Commvault Systems, Inc provides data protection and information management software applications and related services in the United States, Canada, Latin America, Europe, the Middle East, Africa, Australia, New Zealand, Southeast Asia, and China. The company offers data protection, backup, and recovery software solutions for the backup of databases, files, applications, endpoints, and virtual machines according to data type and recovery profile; and help to optimize storage with deduplication, recover data, and leverage reports. Read More…

Industry, Sector and Symbol

Industry Prepackaged software
Sub-IndustrySystems Software
SectorComputer and Technology
Current SymbolNASDAQ:CVLT
CUSIP20416610
Phone732-870-4000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$710.96 million
Cash Flow$1.2763 per share
Book Value$8.53 per share

Profitability

Net Income$3.56 million

Miscellaneous

Employees2,559
Market Cap$2.04 billion
Next Earnings Date10/29/2019 (Estimated)
OptionableOptionable

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CommVault Systems (NASDAQ:CVLT) Frequently Asked Questions

What is CommVault Systems' stock symbol?

CommVault Systems trades on the NASDAQ under the ticker symbol "CVLT."

How will CommVault Systems' stock buyback program work?

CommVault Systems declared that its Board of Directors has approved a stock repurchase program on Thursday, January 25th 2018, which authorizes the company to buyback $100,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to buy shares of its stock through open market purchases. Shares buyback programs are usually a sign that the company's board believes its stock is undervalued.

How were CommVault Systems' earnings last quarter?

CommVault Systems, Inc. (NASDAQ:CVLT) issued its quarterly earnings data on Tuesday, July, 30th. The software maker reported $0.03 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.01 by $0.02. The software maker had revenue of $162.20 million for the quarter, compared to analysts' expectations of $170.53 million. CommVault Systems had a return on equity of 6.57% and a net margin of 0.76%. The business's quarterly revenue was down 7.9% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.36 EPS. View CommVault Systems' Earnings History.

When is CommVault Systems' next earnings date?

CommVault Systems is scheduled to release their next quarterly earnings announcement on Tuesday, October 29th 2019. View Earnings Estimates for CommVault Systems.

What price target have analysts set for CVLT?

6 brokerages have issued 12 month target prices for CommVault Systems' shares. Their predictions range from $50.00 to $67.00. On average, they anticipate CommVault Systems' share price to reach $61.60 in the next year. This suggests a possible upside of 36.6% from the stock's current price. View Analyst Price Targets for CommVault Systems.

What is the consensus analysts' recommendation for CommVault Systems?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CommVault Systems in the last year. There are currently 4 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for CommVault Systems.

Has CommVault Systems been receiving favorable news coverage?

News articles about CVLT stock have been trending negative recently, InfoTrie Sentiment reports. InfoTrie scores the sentiment of media coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. CommVault Systems earned a news sentiment score of -2.9 on InfoTrie's scale. They also gave media stories about the software maker a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the company's share price in the next several days. View News Stories for CommVault Systems.

Are investors shorting CommVault Systems?

CommVault Systems saw a increase in short interest in the month of August. As of August 31st, there was short interest totalling 1,635,000 shares, an increase of 10.9% from the July 31st total of 1,474,000 shares. Based on an average daily trading volume, of 432,900 shares, the short-interest ratio is presently 3.8 days. Approximately 4.0% of the company's stock are sold short. View CommVault Systems' Current Options Chain.

Who are some of CommVault Systems' key competitors?

What other stocks do shareholders of CommVault Systems own?

Based on aggregate information from My MarketBeat watchlists, some companies that other CommVault Systems investors own include CA (CA), BlackRock (BLK), Endologix (ELGX), Athabasca Oil (ATH), Chipotle Mexican Grill (CMG), NIC (EGOV), Aegean Marine Petroleum Network (ANW), ALJ Regional (ALJJ), Gran Tierra Energy (GTE) and Precision Drilling (PD).

Who are CommVault Systems' key executives?

CommVault Systems' management team includes the folowing people:
  • Mr. Brian Carolan, VP & CFO (Age 48)
  • Mr. Sanjay Mirchandani, Pres, CEO & Director (Age 55)
  • Mr. James Whalen, VP of Fin. & Chief Accounting Officer (Age 38)
  • Mr. Brian Brockway, CTO & VP
  • Mr. Michael Picariello, Director of Investor Relations

Who are CommVault Systems' major shareholders?

CommVault Systems' stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (9.74%), BlackRock Inc. (9.74%), Vanguard Group Inc. (8.54%), Mackenzie Financial Corp (4.84%), Renaissance Technologies LLC (4.13%) and Bank of New York Mellon Corp (2.29%). Company insiders that own CommVault Systems stock include Al Bunte, Armando Geday, Brian Carolan, David F Walker, Gary B Smith, Gary Merrill, N Robert Hammer, Robert F Kurimsky, Ronald L Miiller and Vivie Lee. View Institutional Ownership Trends for CommVault Systems.

Which major investors are selling CommVault Systems stock?

CVLT stock was sold by a variety of institutional investors in the last quarter, including Invesco Ltd., Prudential Financial Inc., BlackRock Inc., BlackRock Inc., HBK Investments L P, Marshall Wace LLP, Man Group plc and Los Angeles Capital Management & Equity Research Inc.. Company insiders that have sold CommVault Systems company stock in the last year include Al Bunte, Gary B Smith, Gary Merrill and N Robert Hammer. View Insider Buying and Selling for CommVault Systems.

Which major investors are buying CommVault Systems stock?

CVLT stock was bought by a variety of institutional investors in the last quarter, including Mackenzie Financial Corp, D. E. Shaw & Co. Inc., Canada Pension Plan Investment Board, Silvercrest Asset Management Group LLC, State of New Jersey Common Pension Fund D, AQR Capital Management LLC, Nuveen Asset Management LLC and ETF Managers Group LLC. View Insider Buying and Selling for CommVault Systems.

How do I buy shares of CommVault Systems?

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

What is CommVault Systems' stock price today?

One share of CVLT stock can currently be purchased for approximately $45.08.

How big of a company is CommVault Systems?

CommVault Systems has a market capitalization of $2.04 billion and generates $710.96 million in revenue each year. The software maker earns $3.56 million in net income (profit) each year or $0.60 on an earnings per share basis. CommVault Systems employs 2,559 workers across the globe.View Additional Information About CommVault Systems.

What is CommVault Systems' official website?

The official website for CommVault Systems is http://www.commvault.com/.

How can I contact CommVault Systems?

CommVault Systems' mailing address is 1 COMMVAULT WAY, TINTON FALLS NJ, 07724. The software maker can be reached via phone at 732-870-4000 or via email at [email protected]


MarketBeat Community Rating for CommVault Systems (NASDAQ CVLT)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  441 (Thanks for Voting!)
Underperform Votes:  475 (Thanks for Voting!)
Total Votes:  916
MarketBeat's community ratings are surveys of what our community members think about CommVault Systems and other stocks. Vote "Outperform" if you believe CVLT will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CVLT will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 9/21/2019 by MarketBeat.com Staff

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