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.
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Industry, Sector and Symbol
Industry Prepackaged software
Sub-IndustrySystems Software
SectorComputer and Technology
Phone732-870-4000
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$710.96 million
Profitability
Miscellaneous
Employees2,559
Next Earnings Date5/5/2020 (Estimated)
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 were CommVault Systems' earnings last quarter?
CommVault Systems, Inc. (NASDAQ:CVLT) released its quarterly earnings data on Wednesday, January, 29th. The software maker reported $0.47 EPS for the quarter, beating analysts' consensus estimates of $0.40 by $0.07. The software maker earned $176.35 million during the quarter, compared to the consensus estimate of $172.72 million. CommVault Systems had a positive return on equity of 5.68% and a negative net margin of 2.44%. The firm's revenue was down 4.3% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.54 earnings per share. View CommVault Systems' Earnings History.
When is CommVault Systems' next earnings date?
What price target have analysts set for CVLT?
4 brokerages have issued twelve-month price targets for CommVault Systems' shares. Their forecasts range from $55.00 to $67.00. On average, they expect CommVault Systems' stock price to reach $60.25 in the next twelve months. 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?
4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CommVault Systems in the last year. There are currently 2 hold ratings and 2 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 coverage about CVLT stock has trended somewhat positive on Friday, InfoTrie reports. The research group ranks the sentiment of news coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. CommVault Systems earned a media sentiment score of 1.0 on InfoTrie's scale. They also gave news articles about the software maker a news buzz of 3.0 out of 10, meaning that recent news coverage is unlikely to have an impact on the company's share price in the immediate future. View News Stories for CommVault Systems.
Are investors shorting CommVault Systems?
CommVault Systems saw a increase in short interest in January. As of January 31st, there was short interest totalling 2,920,000 shares, an increase of 26.4% from the January 15th total of 2,310,000 shares. Based on an average daily volume of 441,600 shares, the short-interest ratio is currently 6.6 days. Currently, 7.0% of the shares of the stock are sold short. View CommVault Systems' Current Options Chain.
Who are some of CommVault Systems' key competitors?
What other stocks do shareholders of CommVault Systems own?
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 a variety of of retail and institutional investors. Top institutional investors include Alliancebernstein L.P. (5.40%), Renaissance Technologies LLC (5.37%), State Street Corp (2.83%), AQR Capital Management LLC (1.92%), Goldman Sachs Group Inc. (1.83%) and Geode Capital Management LLC (1.44%). Company insiders that own CommVault Systems stock include Al Bunte, Brian Carolan, Gary B Smith, Gary Merrill, James J Whalen, N Robert Hammer, Robert F Kurimsky, Ronald L Miiller and Vivie Lee. View Institutional Ownership Trends for CommVault Systems.
Which major investors are selling CommVault Systems stock?
CVLT stock was sold by a variety of institutional investors in the last quarter, including Bank of New York Mellon Corp, Public Employees Retirement Association of Colorado, FMR LLC, Goldman Sachs Group Inc., MERIAN GLOBAL INVESTORS UK Ltd, MERIAN GLOBAL INVESTORS UK Ltd, Charles Schwab Investment Management Inc. and AQR Capital Management LLC. Company insiders that have sold CommVault Systems company stock in the last year include Al Bunte, Brian Carolan and James J Whalen. View Insider Buying and Selling for CommVault Systems.
Which major investors are buying CommVault Systems stock?
CVLT stock was bought by a variety of institutional investors in the last quarter, including Prudential Financial Inc., Alliancebernstein L.P., Renaissance Technologies LLC, SG Capital Management LLC, Man Group plc, Acadian Asset Management LLC, Jacobs Levy Equity Management Inc. and Madison Asset Management 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, Robinhood, Fidelity and Charles Schwab.
What is CommVault Systems' stock price today?
One share of CVLT stock can currently be purchased for approximately $48.98.
How big of a company is CommVault Systems?
CommVault Systems has a market capitalization of $2.28 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.
What is CommVault Systems' official website?
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)
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.
