NASDAQ:CVLTCommVault Systems Stock Price, Forecast & News

$39.75

+1.53 (+4.00 %)

(As of 05/27/2020 04:00 PM ET)

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Today's Range

$37.73

Now: $39.75▼

$39.83

50-Day Range

$35.41

MA: $40.23▼

$45.33

52-Week Range

$24.26

Now: $39.75▼

$51.90

Volume445,386 shs

Average Volume691,655 shs

Market Capitalization$1.85 billion

P/E RatioN/A

Dividend YieldN/A

Beta0.76

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. It also provides cloud and infrastructure management software solutions to manage storage hardware and virtual infrastructure; and retention and compliance software solutions that provide content based retention, enterprise search and e-discovery, email archiving, data loss prevention, and secure file sharing services. In addition, the company offers Commvault HyperScale, a cloud-ready on premises data management solution; and Commvault HyperScale software and appliances. Further, it provides customer support, consulting, assessment and design, installation, training, implementation and post-deployment, and education services. The company sells its software and services directly through its sales force to large enterprises, small and medium sized businesses, and government agencies, as well as indirectly through its network of value-added reseller partners, systems integrators, corporate resellers, and original equipment manufacturers. It licenses its software applications to customers in the banking, insurance and financial services, government, healthcare, pharmaceuticals and medical services, technology, legal, manufacturing, utility, and energy industries. The company has strategic relationships with Atos, Cisco, Citrix, Fujitsu, Hewlett Packard Enterprise, Infinidat, Microsoft, Oracle, SAP, and VMware. Commvault Systems, Inc. was founded in 1988 and is headquartered in Tinton Falls, New Jersey.

Beat the Market (BTM) Rank^™

3.3 Analyst's Opinion

Consensus Rating
CommVault Systems has received a consensus rating of Buy. The company's average rating score is 2.60, and is based on 3 buy ratings, 2 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $50.20, CommVault Systems has a potential upside of 26.3% from its current price of $39.75.
Amount of Analyst Coverage
CommVault Systems has only been the subject of 3 research reports in the past 90 days.

2.4 Community Rank

Outperform Votes
CommVault Systems has received 513 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
CommVault Systems has received 550 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
CommVault Systems has received 51.74% “underperform” votes from our community.

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.

0.0 Dividend Strength

Dividend Yield
CommVault Systems does not currently pay a dividend.
Dividend Growth
CommVault Systems does not have a long track record of dividend growth.

1.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, CommVault Systems insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 12.00% of the stock of CommVault Systems is held by insiders.
Percentage Held by Institutions
99.12% of the stock of CommVault Systems is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9 Earnings and Valuation

Earnings Growth
Earnings for CommVault Systems are expected to grow by 370.00% in the coming year, from $0.10 to $0.47 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of CommVault Systems is -305.75, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of CommVault Systems is -305.75, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Growth Ratio
CommVault Systems has a PEG Ratio of 34.93. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
CommVault Systems has a P/B Ratio of 4.50. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.72 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry Prepackaged software

Sub-IndustrySystems Software

SectorComputer and Technology

Current SymbolNASDAQ:CVLT

Previous Symbol

CUSIP20416610

CIK1169561

Webwww.commvault.com

Phone732-870-4000

Debt

Debt-to-Equity Ratio0.02

Current Ratio1.56

Quick Ratio1.56

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E Ratio397.50

P/E Growth34.93

Sales & Book Value

Annual Sales$670.89 million

Price / Sales2.76

Cash Flow$1.31 per share

Price / Cash Flow30.33

Book Value$8.84 per share

Price / Book4.50

Profitability

EPS (Most Recent Fiscal Year)$0.43

Net Income$-5,640,000.00

Net Margins-0.84%

Return on Equity5.00%

Return on Assets2.36%

Miscellaneous

Employees2,533

Outstanding Shares46,601,000

Market Cap$1.85 billion

Next Earnings Date8/4/2020 (Estimated)

OptionableOptionable

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CommVault Systems (NASDAQ:CVLT) Frequently Asked Questions

How has CommVault Systems' stock been impacted by COVID-19 (Coronavirus)?

CommVault Systems' stock was trading at $35.75 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, CVLT shares have increased by 11.2% and is now trading at $39.75. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of CommVault Systems?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CommVault Systems in the last year. There are currently 2 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for CommVault Systems.

When is CommVault Systems' next earnings date?

CommVault Systems is scheduled to release its next quarterly earnings announcement on Tuesday, August 4th 2020. View our earnings forecast for CommVault Systems.

How were CommVault Systems' earnings last quarter?

CommVault Systems, Inc. (NASDAQ:CVLT) issued its quarterly earnings data on Tuesday, May, 12th. The software maker reported $0.30 earnings per share for the quarter, missing analysts' consensus estimates of $0.38 by $0.08. The software maker earned $164.80 million during the quarter, compared to analysts' expectations of $173.03 million. CommVault Systems had a negative net margin of 0.84% and a positive return on equity of 5.00%. The company's quarterly revenue was down 9.2% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.51 EPS. View CommVault Systems' earnings history.

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

CommVault Systems updated its first quarter 2021 Pre-Market earnings guidance on Tuesday, May, 12th. The company provided EPS guidance of for the period. The company issued revenue guidance of $150-155 million, compared to the consensus revenue estimate of $164.59 million.

What price target have analysts set for CVLT?

5 brokerages have issued 1-year target prices for CommVault Systems' stock. Their forecasts range from $44.00 to $59.00. On average, they expect CommVault Systems' stock price to reach $50.20 in the next twelve months. This suggests a possible upside of 26.3% from the stock's current price. View analysts' price targets for CommVault Systems.

Has CommVault Systems been receiving favorable news coverage?

Media stories about CVLT stock have been trending somewhat positive on Wednesday, according to InfoTrie Sentiment. The research firm identifies negative and positive press coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of 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 1.8 on InfoTrie's scale. They also assigned news coverage about the software maker a news buzz of 9.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the stock's share price in the near term. View the latest news aboutCommVault Systems.

Are investors shorting CommVault Systems?

CommVault Systems saw a decline in short interest during the month of May. As of May 15th, there was short interest totaling 1,990,000 shares, a decline of 40.4% from the April 30th total of 3,340,000 shares. Based on an average trading volume of 761,700 shares, the days-to-cover ratio is presently 2.6 days. Approximately 4.7% of the shares of the company are sold short. View CommVault Systems' Current Options Chain.

Who are some of CommVault Systems' key competitors?

Some companies that are related to CommVault Systems include Microsoft (MSFT), Oracle (ORCL), ServiceNow (NOW), VMware (VMW), Fortinet (FTNT), Symantec (SYMC), Proofpoint (PFPT), Qualys (QLYS), Progress Software (PRGS), TiVo (TIVO) and FalconStor Software (FALC). View all 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 following 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

What is CommVault Systems' stock symbol?

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

Who are CommVault Systems' major shareholders?

CommVault Systems' stock is owned by a variety of institutional and retail investors. Top institutional investors include BlackRock Inc. (11.87%), Starboard Value LP (9.91%), Alliancebernstein L.P. (7.54%), Mackenzie Financial Corp (4.73%), State Street Corp (2.91%) and Morgan Stanley (1.96%). Company insiders that own CommVault Systems stock include Al Bunte, Brian Carolan, Gary B Smith, Gary Merrill, James J Whalen, N Robert Hammer, 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 Morgan Stanley, Morgan Stanley, Two Sigma Investments LP, AQR Capital Management LLC, WINTON GROUP Ltd, JPMorgan Chase & Co., Silvercrest Asset Management Group LLC, and Deutsche Bank AG. Company insiders that have sold CommVault Systems company stock in the last year include Al Bunte, Brian Carolan, and James J Whalen. View insider buying and selling activity for CommVault Systems.

Which major investors are buying CommVault Systems stock?

CVLT stock was purchased by a variety of institutional investors in the last quarter, including Starboard Value LP, Alliancebernstein L.P., Nuveen Asset Management LLC, The Manufacturers Life Insurance Company , Chartwell Investment Partners LLC, Federated Hermes Inc., Healthcare of Ontario Pension Plan Trust Fund, and Weiss Multi Strategy Advisers LLC. View insider buying and selling activity 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 $39.75.

How big of a company is CommVault Systems?

CommVault Systems has a market capitalization of $1.85 billion and generates $670.89 million in revenue each year. The software maker earns $-5,640,000.00 in net income (profit) each year or $0.43 on an earnings per share basis. CommVault Systems employs 2,533 workers across the globe.

What is CommVault Systems' official website?

The official website for CommVault Systems is 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]

This page was last updated on 5/27/2020 by MarketBeat.com Staff