S&P 500   3,901.36
DOW   31,261.90
QQQ   288.68
S&P 500   3,901.36
DOW   31,261.90
QQQ   288.68
S&P 500   3,901.36
DOW   31,261.90
QQQ   288.68
S&P 500   3,901.36
DOW   31,261.90
QQQ   288.68
NASDAQ:CVLT

Commvault Systems (CVLT) Stock Forecast, Price & News

$58.44
-0.10 (-0.17%)
(As of 05/20/2022 04:00 PM ET)
Add
Compare
Today's Range
$57.16
$59.56
50-Day Range
$56.77
$67.96
52-Week Range
$55.72
$84.22
Volume
304,629 shs
Average Volume
234,087 shs
Market Capitalization
$2.61 billion
P/E Ratio
82.31
Dividend Yield
N/A
Beta
0.66
30 days | 90 days | 365 days | Advanced Chart
Receive CVLT News and Ratings via Email

Sign-up to receive the latest news and ratings for Commvault Systems and its competitors with MarketBeat's FREE daily newsletter.

Commvault Systems logo

About Commvault Systems

Commvault Systems, Inc. provides data protection and information management software applications and related services in the United States and internationally. The company offers Commvault Backup and Recovery, a backup and recovery solution; Commvault Disaster Recovery, an easy-to-use replication and disaster recovery solution; and Commvault Complete Data Protection, an easy-to-use data protection solution. It also provides Commvault Activate, a data insight solution; Commvault HyperScale X, an easy-to-deploy scale-out solution; Hedvig Distributed Storage Platform that offers software-defined storage built on a hyperscale architecture; Metallic Cloud Storage is the easy button to adopt secure and scalable cloud storage; and Metallic Backup-as-a-Service. In addition, the company provides technology and business consulting, 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 professional and customer support services. The company sells its products 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 distributors, value-added resellers, systems integrators, corporate resellers, and original equipment manufacturers. 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. It has strategic relationships with Microsoft, Cisco, Dell EMC, Amazon Web Services, NetApp, Nutanix, Fujitsu, Google Cloud, Hitachi, Hewlett Packard Enterprise, IBM, Lenovo, OpenStack, Oracle, Pure Storage, Red Hat, Salesforce, SAP, ServiceNow, Splunk, Supermicro, VMware, and Meridian Group International. Commvault Systems, Inc. was founded in 1988 and is headquartered in Tinton Falls, New Jersey.

Headlines

See More Headlines

Industry, Sector and Symbol

Industry
Prepackaged software
Sub-Industry
Systems Software
Current Symbol
NASDAQ:CVLT
CUSIP
20416610
Employees
2,848
Year Founded
1996

Sales & Book Value

Annual Sales
$769.59 million
Cash Flow
$1.62 per share
Book Value
$5.74 per share

Profitability

Net Income
$33.62 million
Pretax Margin
5.64%

Debt

Price-To-Earnings

Miscellaneous

Free Float
44,161,000
Market Cap
$2.61 billion
Optionable
Optionable

Company Calendar

Last Earnings
5/03/2022
Today
5/21/2022
Next Earnings (Estimated)
7/26/2022
Fiscal Year End
3/31/2023

Social Links


MarketRank

Overall MarketRank

2.38 out of 5 stars

Computer And Technology Sector

271st out of 919 stocks

Prepackaged Software Industry

76th out of 297 stocks

Analyst Opinion: 3.3Community Rank: 4.3Dividend Strength: 0.0Insider Behavior: 2.5Valuation: 1.9 5 -4 -3 -2 -1 -













Commvault Systems (NASDAQ:CVLT) Frequently Asked Questions

Is Commvault Systems a buy right now?

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Commvault Systems in the last twelve months. There are currently 3 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Commvault Systems stock.
View analyst ratings for Commvault Systems
or view top-rated stocks.

When is Commvault Systems' next earnings date?

Commvault Systems is scheduled to release its next quarterly earnings announcement on Tuesday, July 26th 2022.
View our earnings forecast for Commvault Systems
.

How were Commvault Systems' earnings last quarter?

Commvault Systems, Inc. (NASDAQ:CVLT) released its quarterly earnings data on Tuesday, May, 3rd. The software maker reported $0.32 earnings per share for the quarter, beating the consensus estimate of $0.20 by $0.12. The software maker earned $205.95 million during the quarter, compared to the consensus estimate of $201.98 million. Commvault Systems had a trailing twelve-month return on equity of 15.55% and a net margin of 4.37%. The firm's revenue was up 7.6% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.25 EPS.
View Commvault Systems' earnings history
.

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

Commvault Systems updated its first quarter 2023 earnings guidance on Monday, May, 9th. The company provided EPS guidance of for the period. The company issued revenue guidance of $195.00 million-$195.00 million, compared to the consensus revenue estimate of $193.83 million.

What price target have analysts set for CVLT?

6 Wall Street analysts have issued 1 year target prices for Commvault Systems' stock. Their forecasts range from $68.00 to $90.00. On average, they expect Commvault Systems' share price to reach $79.60 in the next year. This suggests a possible upside of 36.2% from the stock's current price.
View analysts' price targets for Commvault Systems
or view top-rated stocks among Wall Street analysts.

Who are Commvault Systems' key executives?
Commvault Systems' management team includes the following people:
  • Mr. Sanjay Mirchandani, Pres, CEO & Director (Age 58, Pay $1.67M) (LinkedIn Profile)
  • Mr. Brian Carolan, VP & CFO (Age 51, Pay $776.36k)
  • Mr. Riccardo Di Blasio, VP & Chief Revenue Officer (Age 49, Pay $999.63k)
  • Mr. James Whalen, VP of Fin. & Chief Accounting Officer (Age 41) (LinkedIn Profile)
  • Mr. Brian Brockway, CTO & VP
  • Mr. Michael John Melnyk C.F.A., Director of Investor Relations
  • Ms. Danielle K. Sheer, Chief Legal & Compliance Officer (Age 41)
  • Ms. Isabelle Guis, Chief Marketing Officer
  • Ms. Martha Delehanty, Chief People Officer (Age 57)
  • Mr. Gary Merrill, Chief of Bus. Operations (Age 47) (LinkedIn Profile)
What is Sanjay Mirchandani's approval rating as Commvault Systems' CEO?

70 employees have rated Commvault Systems CEO Sanjay Mirchandani on Glassdoor.com. Sanjay Mirchandani has an approval rating of 66% among Commvault Systems' employees.

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).

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 many different retail and institutional investors. Top institutional investors include BlackRock Inc. (11.09%), Vanguard Group Inc. (10.64%), Starboard Value LP (8.60%), Mackenzie Financial Corp (5.22%), Renaissance Technologies LLC (4.09%) and State Street Corp (3.53%). Company insiders that own Commvault Systems stock include Allison Pickens, Blasio Riccardo Di, Brian Carolan, David F Walker, Gary B Smith, Gary Merrill, James J Whalen, Martha Helena Bejar and Sanjay Mirchandani.
View institutional ownership trends for Commvault Systems
.

Which institutional investors are selling Commvault Systems stock?

CVLT stock was sold by a variety of institutional investors in the last quarter, including Starboard Value LP, Mackenzie Financial Corp, BlackRock Inc., Clearbridge Investments LLC, Chartwell Investment Partners LLC, JPMorgan Chase & Co., Rothschild & Co. Asset Management US Inc., and The Manufacturers Life Insurance Company . Company insiders that have sold Commvault Systems company stock in the last year include Allison Pickens, Blasio Riccardo Di, Brian Carolan, Gary B Smith, Gary Merrill, James J Whalen, Martha Helena Bejar, and Sanjay Mirchandani.
View insider buying and selling activity for Commvault Systems
or view top insider-selling stocks.

Which institutional investors are buying Commvault Systems stock?

CVLT stock was acquired by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., Arrowstreet Capital Limited Partnership, Acadian Asset Management LLC, Retirement Systems of Alabama, Jupiter Asset Management Ltd., Fort Washington Investment Advisors Inc. OH, Qube Research & Technologies Ltd, and Hillsdale Investment Management Inc..
View insider buying and selling activity for Commvault Systems
or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Commvault Systems' stock price today?

One share of CVLT stock can currently be purchased for approximately $58.44.

How much money does Commvault Systems make?

Commvault Systems has a market capitalization of $2.61 billion and generates $769.59 million in revenue each year. The software maker earns $33.62 million in net income (profit) each year or $0.709990 on an earnings per share basis.

How many employees does Commvault Systems have?

Commvault Systems employs 2,848 workers across the globe.

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.

When was Commvault Systems founded?

Commvault Systems was founded in 1996.

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, via email at [email protected], or via fax at 732-870-4525.

This page was last updated on 5/22/2022 by MarketBeat.com Staff

Resources

Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau MarketBeat is rated as Great on TrustPilot

© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at [email protected] | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Do Not Sell My Information | RSS Feeds

© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer. Fundamental company data provided by Zacks Investment Research.