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

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

CommVault Systems announced that its Board of Directors has initiated a stock repurchase plan on Thursday, January 25th 2018, which permits the company to buyback $100,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to repurchase shares of its stock through open market purchases. Shares buyback plans are generally an indication that the company's leadership believes its shares are undervalued.

CommVault Systems, Inc. (NASDAQ:CVLT) released its quarterly earnings data on Tuesday, January, 29th. The software maker reported $0.54 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.42 by $0.12. The software maker earned $184.28 million during the quarter, compared to analyst estimates of $180.66 million. CommVault Systems had a return on equity of 5.78% and a net margin of 0.57%. The business's revenue for the quarter 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 equities research analysts have issued 12-month price objectives for CommVault Systems' stock. Their forecasts range from $66.00 to $85.00. On average, they expect CommVault Systems' stock price to reach $75.7143 in the next year. This suggests a possible upside of 10.5% 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.

Media headlines about CVLT stock have trended somewhat positive recently, InfoTrie reports. The research group scores the sentiment of news coverage by analyzing more than six thousand news and blog sources in real-time. 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 coverage optimism score of 0.9 on InfoTrie's scale. They also gave media coverage about the software maker a news buzz of 9.0 out of 10, meaning that recent news 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), PTC (PTC), Atlassian (TEAM), Tableau Software (DATA), TAKE-TWO INTERACTIVE SOFTWARE (TTWO), Micro Focus International (MFGP), The Ultimate Software Group (ULTI), Dropbox (DBX), Paycom Software (PAYC), Nutanix (NTNX), Temenos (TMNSF), 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 many different of institutional and retail 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 purchased 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 $68.55.

CommVault Systems has a market capitalization of $3.15 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]