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 approved a stock buyback program on Thursday, January 25th 2018, which authorizes the company to buyback $100,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to reacquire shares of its stock through open market purchases. Stock buyback programs are generally a sign that the company's board of directors believes its shares are undervalued.

CommVault Systems, Inc. (NASDAQ:CVLT) released its earnings results on Tuesday, January, 29th. The software maker reported $0.54 earnings per share for the quarter, topping analysts' consensus estimates 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 return on equity of 5.78% and a net margin of 0.57%. The firm's quarterly revenue was up 2.2% compared to the same quarter last year. During the same quarter last year, the company posted $0.30 earnings per share. View CommVault Systems' Earnings History.

CommVault Systems is scheduled to release their next quarterly earnings announcement on Tuesday, May 7th 2019. View Earnings Estimates for CommVault Systems.

9 analysts have issued 1 year price targets for CommVault Systems' shares. Their forecasts range from $66.00 to $85.00. On average, they expect CommVault Systems' stock price to reach $75.7143 in the next twelve months. This suggests a possible upside of 11.8% from the stock's current price. View Analyst Price Targets for CommVault Systems.

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CommVault Systems in the last year. There are currently 3 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for CommVault Systems.

News articles about CVLT stock have been trending positive on Friday, according to InfoTrie Sentiment Analysis. The research group rates the sentiment of press coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. CommVault Systems earned a coverage optimism score of 2.7 on InfoTrie's scale. They also assigned media coverage about the software maker a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the company's share price in the immediate future.

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

Based on aggregate information from My MarketBeat watchlists, some companies that other CommVault Systems investors own include CA (CA), BlackRock (BLK), Endologix (ELGX), Chipotle Mexican Grill (CMG), Athabasca Oil (ATH), NIC (EGOV), Aegean Marine Petroleum Network (ANW), United Rentals (URI), Transocean (RIG) and ALJ Regional (ALJJ).

CommVault Systems' stock is owned by a number of of retail and institutional investors. Top institutional investors include Lunia Capital LP (36.26%), BlackRock Inc. (10.02%), Mackenzie Financial Corp (3.02%), ETF Managers Group LLC (1.94%), Nomura Holdings Inc. (1.89%) and Bank of New York Mellon Corp (1.66%). 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 Westfield Capital Management Co. LP, Lunia Capital LP, Acadian Asset Management LLC, Millennium Management LLC, Two Sigma Investments LP, ETF Managers Group LLC, Nomura Holdings Inc. and Barrow Hanley Mewhinney & Strauss LLC. 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, 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 Lunia Capital LP, Intrinsic Edge Capital Management LLC, Prudential Financial Inc., Mackenzie Financial Corp, Dimensional Fund Advisors LP, BlackRock Inc., D. E. Shaw & Co. Inc. and Bank of New York Mellon Corp. 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 $67.75.

CommVault Systems has a market capitalization of $3.11 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]