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NASDAQ:CVLT

Commvault Systems Stock Forecast, Price & News

$63.77
+0.67 (+1.06%)
(As of 12/6/2021 12:45 PM ET)
Add
Compare
Today's Range
$62.55
$64.18
50-Day Range
$61.01
$77.72
52-Week Range
$48.40
$84.22
Volume
4,251 shs
Average Volume
347,577 shs
Market Capitalization
$2.90 billion
P/E Ratio
130.15
Dividend Yield
N/A
Beta
0.59
30 days | 90 days | 365 days | Advanced Chart
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Commvault Systems logo

About Commvault Systems

Commvault Systems, Inc. engages in the provision of data protection and information management software applications and related services. It products category include Data Protection, Data insights, Storage, and Metallic BaaS. The firm also offers professional, managed, support, and training services. The company was founded in 1996 and is headquartered in Tinton Falls, NJ.

Headlines

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Industry, Sector and Symbol

Industry
Prepackaged software
Sub-Industry
Systems Software
Current Symbol
NASDAQ:CVLT
CUSIP
20416610
Employees
2,671
Year Founded
1996

Sales & Book Value

Annual Sales
$723.47 million
Cash Flow
$2.50 per share
Book Value
$6.59 per share

Profitability

Net Income
$-30.95 million
Pretax Margin
4.27%

Debt

Price-To-Earnings

Miscellaneous

Free Float
45,058,000
Market Cap
$2.90 billion
Optionable
Optionable

Company Calendar

Last Earnings
10/25/2021
Today
12/06/2021
Next Earnings (Estimated)
1/26/2022
Fiscal Year End
3/31/2022

Social Links


MarketRank

Overall MarketRank

2.25 out of 5 stars

Computer And Technology Sector

308th out of 894 stocks

Prepackaged Software Industry

83rd out of 269 stocks

Analyst Opinion: 3.3Community Rank: 4.4Dividend Strength: 0.0Insider Behavior: 1.7Valuation: 1.9 5 -4 -3 -2 -1 -












Commvault Systems (NASDAQ:CVLT) Frequently Asked Questions

Is Commvault Systems a buy right now?

8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Commvault Systems in the last twelve months. There are currently 3 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Commvault Systems stock.
View analyst ratings for Commvault Systems
or view top-rated stocks.

How has Commvault Systems' stock been impacted by COVID-19 (Coronavirus)?

Commvault Systems' stock was trading at $35.75 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, CVLT stock has increased by 78.4% and is now trading at $63.77.
View which stocks have been most impacted by COVID-19
.

Are investors shorting Commvault Systems?

Commvault Systems saw a increase in short interest in October. As of October 29th, there was short interest totaling 1,270,000 shares, an increase of 29.6% from the October 14th total of 979,600 shares. Based on an average daily trading volume, of 317,100 shares, the short-interest ratio is currently 4.0 days. Currently, 2.9% of the shares of the company are sold short.
View Commvault Systems' Short Interest
.

When is Commvault Systems' next earnings date?

Commvault Systems is scheduled to release its next quarterly earnings announcement on Wednesday, January 26th 2022.
View our earnings forecast for Commvault Systems
.

How were Commvault Systems' earnings last quarter?

Commvault Systems, Inc. (NASDAQ:CVLT) issued its earnings results on Monday, October, 25th. The software maker reported $0.48 earnings per share for the quarter, missing the consensus estimate of $0.57 by $0.09. The software maker had revenue of $177.80 million for the quarter, compared to analysts' expectations of $184.79 million. Commvault Systems had a net margin of 3.18% and a trailing twelve-month return on equity of 11.78%. The company's quarterly revenue was up 3.9% on a year-over-year basis. During the same period last year, the business earned $0.02 earnings per share.
View Commvault Systems' earnings history
.

What guidance has Commvault Systems issued on next quarter's earnings?

Commvault Systems issued an update on its third quarter 2022 earnings guidance on Wednesday, November, 3rd. The company provided EPS guidance of for the period. The company issued revenue guidance of $195 million-$195 million, compared to the consensus revenue estimate of $197.19 million.

What price target have analysts set for CVLT?

8 analysts have issued 12 month price objectives for Commvault Systems' shares. Their forecasts range from $64.00 to $90.00. On average, they anticipate Commvault Systems' stock price to reach $78.00 in the next year. This suggests a possible upside of 22.3% from the stock's current price.
View analysts' price targets for Commvault Systems
or view top-rated stocks among Wall Street analysts.

Who are Commvault Systems' key executives?

Commvault Systems' management team includes the following people:
  • Sanjay Mirchandani, President, Chief Executive Officer & Director (LinkedIn Profile)
  • Gary Merrill, Chief Business Operations (LinkedIn Profile)
  • Brian Michael Carolan, Chief Financial Officer & Vice President-Finance
  • Brian Brockway, Chief Technology Officer
  • Warren Henry Mondschein, Secretary, Vice President & General Counsel

What is Sanjay Mirchandani's approval rating as Commvault Systems' CEO?

70 employees have rated Commvault Systems CEO Sanjay Mirchandani on Glassdoor.com. Sanjay Mirchandani has an approval rating of 66% among Commvault Systems' employees.

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).

What is Commvault Systems' stock symbol?

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

Who are Commvault Systems' major shareholders?

Commvault Systems' stock is owned by many different retail and institutional investors. Top institutional investors include BlackRock Inc. (11.04%), Alliancebernstein L.P. (4.58%), Mackenzie Financial Corp (4.56%), Renaissance Technologies LLC (4.48%), Geode Capital Management LLC (1.90%) and Invesco Ltd. (1.55%). Company insiders that own Commvault Systems stock include Blasio Riccardo Di, Brian Carolan, David F Walker, Gary B Smith, Gary Merrill, James J Whalen and Sanjay Mirchandani.
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 BlackRock Inc., Arrowstreet Capital Limited Partnership, Schonfeld Strategic Advisors LLC, Spire Wealth Management, Renaissance Technologies LLC, Two Sigma Investments LP, Goldman Sachs Group Inc., and Chartwell Investment Partners LLC. Company insiders that have sold Commvault Systems company stock in the last year include Blasio Riccardo Di, Brian Carolan, David F Walker, Gary B Smith, Gary Merrill, James J Whalen, and Sanjay Mirchandani.
View insider buying and selling activity for Commvault Systems
or view top insider-selling stocks.

Which institutional investors are buying Commvault Systems stock?

CVLT stock was purchased by a variety of institutional investors in the last quarter, including Lord Abbett & CO. LLC, Schroder Investment Management Group, Invesco Ltd., Alliancebernstein L.P., Royal Bank of Canada, Jupiter Asset Management Ltd., CastleArk Alternatives LLC, and Connor Clark & Lunn Investment Management Ltd..
View insider buying and selling activity for Commvault Systems
or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Commvault Systems' stock price today?

One share of CVLT stock can currently be purchased for approximately $63.77.

How much money does Commvault Systems make?

Commvault Systems has a market capitalization of $2.90 billion and generates $723.47 million in revenue each year. The software maker earns $-30.95 million in net income (profit) each year or $0.49 on an earnings per share basis.

How many employees does Commvault Systems have?

Commvault Systems employs 2,671 workers across the globe.

Does Commvault Systems have any subsidiaries?

The following companies are subsidiares of Commvault Systems: Advanced Data Life Cycle Management Inc., CV Simpana Software (Proprietary) Limited, Commvault Capital Inc., Commvault Software Technology (Beijing) Co. Ltd, Commvault System (Istanbul) Inc., Commvault System S.L.U., Commvault Systems (Australia) Pty. Ltd., Commvault Systems (Austria) GmbH, Commvault Systems (Canada) Inc., Commvault Systems (Hong Kong) Limited, Commvault Systems (India) Private Limited, Commvault Systems (Israel) Ltd., Commvault Systems (Japan) KK, Commvault Systems (Malaysia) Sdn. Bhd., Commvault Systems (New Zealand) Limited, Commvault Systems (Poland) sp. zo.o., Commvault Systems (Singapore) Private Limited, Commvault Systems (Switzerland) GmbH, Commvault Systems (Thailand) Ltd., Commvault Systems AB Srl, Commvault Systems Belgium BVBA, Commvault Systems GmbH, Commvault Systems International B.V., Commvault Systems Ireland Limited, Commvault Systems Italia Srl, Commvault Systems Limited, Commvault Systems Mexico S. de R.L. de C.V., Commvault Tinton Falls Urban Renewal LLC, and Hedvig.

When was Commvault Systems founded?

Commvault Systems was founded in 1996.

What is Commvault Systems' official website?

The official website for Commvault Systems is www.commvault.com.

Where are Commvault Systems' headquarters?

Commvault Systems is headquartered at 1 COMMVAULT WAY, TINTON FALLS NJ, 07724.

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, via email at [email protected], or via fax at 732-870-4525.


This page was last updated on 12/6/2021 by MarketBeat.com Staff

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