NASDAQ:CVLT

Commvault Systems Stock Forecast, Price & News

$74.03
-4.33 (-5.53 %)
(As of 09/17/2021 12:00 AM ET)
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Today's Range
$73.72
$78.55
50-Day Range
$73.23
$83.87
52-Week Range
$38.90
$84.22
Volume998,127 shs
Average Volume351,719 shs
Market Capitalization$3.40 billion
P/E RatioN/A
Dividend YieldN/A
Beta0.68
30 days | 90 days | 365 days | Advanced Chart
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Commvault Systems logo

About Commvault Systems

Commvault Systems, Inc. engages in the provision of data protection and information management software applications and related services. It products category include Data Protection, Data insights, Storage, and Metallic BaaS. The firm also offers professional, managed, support, and training services. The company was founded in 1996 and is headquartered in Tinton Falls, NJ.

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MarketRank

Overall MarketRank

2.25 out of 5 stars

Computer And Technology Sector

250th out of 857 stocks

Prepackaged Software Industry

60th out of 250 stocks

Analyst Opinion: 2.5Community Rank: 4.4Dividend Strength: 0.0Insider Behavior: 2.5Valuation: 1.9 5 -4 -3 -2 -1 -
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Commvault Systems (NASDAQ:CVLT) Frequently Asked Questions

Is Commvault Systems a buy right now?

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

What stocks does MarketBeat like better than Commvault Systems?

Wall Street analysts have given Commvault Systems a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Commvault Systems wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting Commvault Systems?

Commvault Systems saw a increase in short interest during the month of August. As of August 13th, there was short interest totaling 1,050,000 shares, an increase of 12.3% from the July 29th total of 935,400 shares. Based on an average trading volume of 346,200 shares, the days-to-cover ratio is currently 3.0 days. Currently, 2.4% of the shares of the stock are short sold.
View Commvault Systems' Short Interest
.

When is Commvault Systems' next earnings date?

Commvault Systems is scheduled to release its next quarterly earnings announcement on Tuesday, October 26th 2021.
View our earnings forecast for Commvault Systems
.

How were Commvault Systems' earnings last quarter?

Commvault Systems, Inc. (NASDAQ:CVLT) posted its earnings results on Monday, July, 26th. The software maker reported $0.62 EPS for the quarter, beating the Zacks' consensus estimate of $0.52 by $0.10. The software maker had revenue of $183.40 million for the quarter, compared to the consensus estimate of $181.71 million. Commvault Systems had a positive trailing twelve-month return on equity of 10.41% and a negative net margin of 2.64%. The business's revenue was up 6.0% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.51 EPS.
View Commvault Systems' earnings history
.

How has Commvault Systems' stock price been impacted by COVID-19?

Commvault Systems' stock was trading at $35.75 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, CVLT stock has increased by 107.1% and is now trading at $74.03.
View which stocks have been most impacted by COVID-19
.

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

Commvault Systems updated its second quarter 2022 earnings guidance on Wednesday, August, 4th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $184.50 million-$184.50 million, compared to the consensus revenue estimate of $184.52 million.

What price target have analysts set for CVLT?

6 brokers have issued 1 year price targets for Commvault Systems' stock. Their forecasts range from $57.00 to $95.00. On average, they anticipate Commvault Systems' stock price to reach $81.57 in the next year. This suggests a possible upside of 10.2% 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:
  • Sanjay Mirchandani, President, Chief Executive Officer & Director (LinkedIn Profile)
  • Gary Merrill, Chief Business Operations (LinkedIn Profile)
  • Brian Michael Carolan, Chief Financial Officer & Vice President-Finance
  • Brian Brockway, Chief Technology Officer
  • Warren Henry Mondschein, Secretary, Vice President & General Counsel

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. (11.86%), Vanguard Group Inc. (9.40%), Renaissance Technologies LLC (4.71%), Mackenzie Financial Corp (4.60%), Alliancebernstein L.P. (4.07%) and State Street Corp (3.40%). Company insiders that own Commvault Systems stock include Al Bunte, Blasio Riccardo Di, Brian Carolan, David F Walker, Gary B Smith, Gary Merrill, James J Whalen 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 Alliancebernstein L.P., BlackRock Inc., American Century Companies Inc., Renaissance Technologies LLC, Clearbridge Investments LLC, Russell Investments Group Ltd., Vanguard Group Inc., and Cove Street Capital LLC. Company insiders that have sold Commvault Systems company stock in the last year include Blasio Riccardo Di, Brian Carolan, David F Walker, Gary B Smith, Gary Merrill, James J Whalen, 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 bought by a variety of institutional investors in the last quarter, including Atlanta Capital Management Co. L L C, Schonfeld Strategic Advisors LLC, Jupiter Asset Management Ltd., Nuveen Asset Management LLC, Millennium Management LLC, Federated Hermes Inc., Lisanti Capital Growth LLC, and Point72 Asset Management L.P..
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 $74.03.

How much money does Commvault Systems make?

Commvault Systems has a market capitalization of $3.40 billion and generates $723.47 million in revenue each year. The software maker earns $-30,950,000.00 in net income (profit) each year or $0.82 on an earnings per share basis.

How many employees does Commvault Systems have?

Commvault Systems employs 2,671 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.

Where are Commvault Systems' headquarters?

Commvault Systems is headquartered at 1 COMMVAULT WAY, TINTON FALLS NJ, 07724.

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 9/19/2021 by MarketBeat.com Staff
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