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 of Directors has approved a share 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 purchase shares of its stock through open market purchases. Stock repurchase plans are usually a sign that the company's management believes its stock is undervalued.

CommVault Systems, Inc. (NASDAQ:CVLT) released its quarterly earnings data on Tuesday, July, 30th. The software maker reported $0.03 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.01 by $0.02. The software maker had revenue of $162.20 million for the quarter, compared to analyst estimates of $170.53 million. CommVault Systems had a return on equity of 6.57% and a net margin of 0.76%. The business's quarterly revenue was down 7.9% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.36 EPS. View CommVault Systems' Earnings History.

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

6 equities research analysts have issued 1-year price objectives for CommVault Systems' shares. Their forecasts range from $50.00 to $67.00. On average, they expect CommVault Systems' stock price to reach $61.60 in the next year. This suggests a possible upside of 46.2% from the stock's current price. View Analyst Price Targets for CommVault Systems.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CommVault Systems in the last year. There are currently 4 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for CommVault Systems.

Press coverage about CVLT stock has been trending somewhat positive recently, according to InfoTrie Sentiment. The research group scores the sentiment of media coverage by monitoring more than six thousand blog and news 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 media sentiment score of 0.8 on InfoTrie's scale. They also assigned headlines about the software maker a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the stock's share price in the next few days. View News Stories for CommVault Systems.

CommVault Systems saw a increase in short interest in July. As of July 31st, there was short interest totalling 1,474,000 shares, an increase of 21.7% from the June 30th total of 1,211,000 shares. Based on an average daily trading volume, of 464,900 shares, the short-interest ratio is currently 3.2 days. Approximately 3.5% of the shares of the company are sold short. View CommVault Systems' Current Options Chain.

Some companies that are related to CommVault Systems include PTC (PTC), Anaplan (PLAN), Dropbox (DBX), Ceridian HCM (CDAY), Micro Focus International (MFGP), Trend Micro (TMICY), Momo (MOMO), Avalara (AVLR), Elastic (ESTC), FalconStor Software (FALC), Dynatrace (DT), RealPage (RP), Medidata Solutions (MDSO), National Instruments (NATI) and Konami (KNMCY).

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).

CommVault Systems' stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (9.74%), Vanguard Group Inc. (8.54%), Mackenzie Financial Corp (4.84%), Renaissance Technologies LLC (4.13%), Bank of New York Mellon Corp (2.29%) and D. E. Shaw & Co. Inc. (2.13%). 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 Invesco Ltd., Prudential Financial Inc., BlackRock Inc., HBK Investments L P, Marshall Wace LLP, Man Group plc, Los Angeles Capital Management & Equity Research Inc. and Acadian Asset Management LLC. Company insiders that have sold CommVault Systems company stock in the last year include Al Bunte, Gary B Smith, Gary Merrill, N Robert Hammer and Vivie Lee. View Insider Buying and Selling for CommVault Systems.

CVLT stock was bought by a variety of institutional investors in the last quarter, including Mackenzie Financial Corp, D. E. Shaw & Co. Inc., Canada Pension Plan Investment Board, Silvercrest Asset Management Group LLC, State of New Jersey Common Pension Fund D, AQR Capital Management LLC, Nuveen Asset Management LLC and ETF Managers Group LLC. 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 $42.12.

CommVault Systems has a market capitalization of $1.90 billion and generates $710.96 million in revenue each year. The software maker earns $3.56 million in net income (profit) each year or $0.60 on an earnings per share basis. CommVault Systems employs 2,559 workers across the globe.View Additional Information About CommVault Systems.

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]