NASDAQ:CVLT - CommVault Systems Stock Price, News, & Analysis

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$61.63 -0.50 (-0.80 %)
(As of 04/24/2019 04:00 PM ET)
Previous Close$62.13
Today's Range$61.60 - $62.3925
52-Week Range$51.53 - $72.65
Volume253,997 shs
Average Volume498,517 shs
Market Capitalization$2.83 billion
P/E RatioN/A
Dividend YieldN/A
Beta1.23
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.

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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$699.39 million
Cash Flow$0.0658 per share
Book Value$8.99 per share

Profitability

Net Income$-61,900,000.00

Miscellaneous

Employees2,839
Market Cap$2.83 billion
Next Earnings Date4/30/2019 (Confirmed)
OptionableOptionable

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 initiated a stock repurchase plan on Thursday, January 25th 2018, which permits the company to buyback $100,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to purchase shares of its stock through open market purchases. Stock buyback plans are often an indication that the company's board believes its shares are undervalued.

How were CommVault Systems' earnings last quarter?

CommVault Systems, Inc. (NASDAQ:CVLT) posted its quarterly earnings data on Tuesday, January, 29th. The software maker reported $0.54 EPS for the quarter, topping the consensus estimate of $0.42 by $0.12. The software maker had revenue of $184.28 million for the quarter, compared to analysts' expectations of $180.66 million. CommVault Systems had a net margin of 0.57% and a return on equity of 5.78%. CommVault Systems's revenue for the quarter was up 2.2% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.30 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, April 30th 2019. View Earnings Estimates for CommVault Systems.

What price target have analysts set for CVLT?

8 Wall Street analysts have issued 1-year price targets for CommVault Systems' stock. Their forecasts range from $66.00 to $85.00. On average, they anticipate CommVault Systems' stock price to reach $75.8333 in the next year. This suggests a possible upside of 23.0% from the stock's current price. View Analyst Price Targets for CommVault Systems.

What is the consensus analysts' recommendation for CommVault Systems?

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

Has CommVault Systems been receiving favorable news coverage?

News headlines about CVLT stock have been trending somewhat positive on Wednesday, InfoTrie Sentiment reports. InfoTrie ranks 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 five, with scores closest to five being the most favorable. CommVault Systems earned a media sentiment score of 1.7 on InfoTrie's scale. They also gave headlines about the software maker a news buzz of 5.0 out of 10, meaning that recent media coverage is somewhat likely to have an impact on the stock's share price in the next few days.

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 many different of institutional and retail investors. Top institutional investors include Copper Rock Capital Partners LLC (0.61%), Chartwell Investment Partners LLC (0.55%), Retirement Systems of Alabama (0.47%), Foundry Partners LLC (0.06%), Strs Ohio (0.04%) and Quantitative Systematic Strategies LLC (0.02%). 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 institutional investors are selling CommVault Systems stock?

CVLT stock was sold by a variety of institutional investors in the last quarter, including Copper Rock Capital Partners LLC, Retirement Systems of Alabama, Meeder Asset Management Inc., Foundry Partners LLC and Strs Ohio. Company insiders that have sold CommVault Systems company stock in the last year include Al Bunte, Brian Carolan, Gary B Smith, Gary Merrill, N Robert Hammer, Ronald L Miiller and Vivie Lee. View Insider Buying and Selling for CommVault Systems.

Which institutional investors are buying CommVault Systems stock?

CVLT stock was bought by a variety of institutional investors in the last quarter, including Chartwell Investment Partners LLC, Quantitative Systematic Strategies LLC, Alpha Windward LLC, Sciencast Management LP and Virtu Financial 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, Scottrade, Fidelity and Charles Schwab.

What is CommVault Systems' stock price today?

One share of CVLT stock can currently be purchased for approximately $61.63.

How big of a company is CommVault Systems?

CommVault Systems has a market capitalization of $2.83 billion and generates $699.39 million in revenue each year. The software maker earns $-61,900,000.00 in net income (profit) each year or ($0.59) on an earnings per share basis. CommVault Systems employs 2,839 workers across the globe.

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:  410 (Vote Outperform)
Underperform Votes:  440 (Vote Underperform)
Total Votes:  850
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 4/24/2019 by MarketBeat.com Staff

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