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

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

CommVault Systems declared that its board has authorized a stock repurchase plan on Thursday, January 25th 2018, which permits the company to repurchase $100,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to repurchase shares of its stock through open market purchases. Shares repurchase plans are generally an indication that the company's board of directors believes its stock is undervalued.

CommVault Systems, Inc. (NASDAQ:CVLT) released its quarterly earnings results on Tuesday, October, 30th. The software maker reported $0.40 EPS for the quarter, beating the Zacks' consensus estimate of $0.37 by $0.03. The software maker had revenue of $169.08 million for the quarter, compared to analyst estimates of $179.08 million. CommVault Systems had a negative net margin of 9.61% and a positive return on equity of 2.96%. The business's revenue was up .6% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.21 earnings per share. View CommVault Systems' Earnings History.

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

CommVault Systems will be holding an earnings conference call on Tuesday, January 29th at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8447424247.

8 brokers have issued 12 month price objectives for CommVault Systems' stock. Their forecasts range from $70.00 to $85.00. On average, they anticipate CommVault Systems' stock price to reach $77.50 in the next twelve months. This suggests a possible upside of 23.4% from the stock's current price. View Analyst Price Targets for CommVault Systems.

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

News headlines about CVLT stock have been trending negative recently, InfoTrie reports. The research group identifies negative and positive media coverage by analyzing more than six thousand blog and news sources. 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 -2.0 on InfoTrie's scale. They also gave news stories about the software maker a news buzz of 2.0 out of 10, indicating that recent media coverage is very unlikely to have an effect on the company's share price in the next few days.

Some companies that are related to CommVault Systems include Twilio (TWLO), PTC (PTC), Tableau Software (DATA), UBISOFT ENTMT S/ADR (UBSFY), Atlassian (TEAM), Dropbox (DBX), Nutanix (NTNX), Okta (OKTA), Micro Focus International (MFGP), The Ultimate Software Group (ULTI), Trend Micro (TMICY), Temenos (TMNSF), Paycom Software (PAYC), Docusign (DOCU) and Tyler Technologies (TYL).

CommVault Systems' stock is owned by many different of retail and institutional investors. Top institutional shareholders include Copper Rock Capital Partners LLC (0.82%), Retirement Systems of Alabama (0.54%), Bank of Montreal Can (0.29%), Strs Ohio (0.04%), Meeder Asset Management Inc. (0.03%) and Louisiana State Employees Retirement System (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.

CVLT stock was sold by a variety of institutional investors in the last quarter, including Bank of Montreal Can, Suffolk Capital Management LLC and Louisiana State Employees Retirement System. Company insiders that have sold CommVault Systems company stock in the last year 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 Insider Buying and Selling for CommVault Systems.

CVLT stock was acquired by a variety of institutional investors in the last quarter, including Retirement Systems of Alabama, Copper Rock Capital Partners LLC, Meeder Asset Management Inc. and Strs Ohio. View Insider Buying and Selling for 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.

One share of CVLT stock can currently be purchased for approximately $62.79.

CommVault Systems has a market capitalization of $2.91 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.

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

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]