CommVault Systems Company Profile (NASDAQ:CVLT)

About CommVault Systems (NASDAQ:CVLT)

CommVault Systems logoCommvault Systems, Inc. (Commvault) is a provider of data and information management software applications and related services. The Company develops, markets and sells a suite of software applications and services, primarily in North America, Europe, Australia and Asia, that provides its customers with data protection solutions supporting all operating systems, applications, and databases on virtual and physical servers, Network Attached Storage (NAS) shares, cloud-based infrastructures, and mobile devices; management through a single console; multiple protection methods, including backup and archive, snapshot management, replication, and content indexing for eDiscovery; storage management using deduplication for disk, tape and cloud; integration with the storage arrays; complete virtual infrastructure management supporting multiple hypervisors; security capabilities to limit access to critical data, and policy-based data management.

Industry, Sector and Symbol:
  • Sector: Computer and Technology
  • Industry: Software
  • Sub-Industry: Systems Software
  • Symbol: NASDAQ:CVLT
  • CUSIP: 20416610
  • Web: www.commvault.com
Capitalization:
  • Market Cap: $2.67 billion
  • Outstanding Shares: 45,517,000
Average Prices:
  • 50 Day Moving Avg: $60.99
  • 200 Day Moving Avg: $57.69
  • 52 Week Range: $47.61 - $64.60
P/E:
  • Trailing P/E Ratio: 1027.19
  • Foreward P/E Ratio: 40.10
  • P/E Growth: 2.27
Sales & Book Value:
  • Annual Revenue: $664.72 million
  • Price / Sales: 4.01
  • Book Value: $10.91 per share
  • Price / Book: 5.37
Profitability:
  • EBITDA: $9.35 million
  • Net Margins: 0.35%
  • Return on Equity: 0.30%
  • Return on Assets: 0.17%
Debt:
  • Current Ratio: 2.22%
  • Quick Ratio: 2.22%
Misc:
  • Average Volume: 312,506 shs.
  • Beta: 1.4
  • Short Ratio: 2.6
 

Frequently Asked Questions for CommVault Systems (NASDAQ:CVLT)

What is CommVault Systems' stock symbol?

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

How will CommVault Systems' stock buyback program work?

CommVault Systems announced that its Board of Directors has authorized a share repurchase plan on Monday, April 10th 2017, which allows the company to buyback $0.00 in shares, according to EventVestor. This buyback authorization allows the company to reacquire shares of its stock through open market purchases. Stock buyback plans are often an indication that the company's leadership believes its shares are undervalued.

How were CommVault Systems' earnings last quarter?

CommVault Systems, Inc. (NASDAQ:CVLT) released its quarterly earnings data on Tuesday, July, 25th. The company reported $0.21 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.19 by $0.02. The firm had revenue of $165.97 million for the quarter, compared to analyst estimates of $159.92 million. CommVault Systems had a net margin of 0.35% and a return on equity of 0.30%. The firm's revenue for the quarter was up 9.4% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.21 earnings per share. View CommVault Systems' Earnings History.

When will CommVault Systems make its next earnings announcement?

CommVault Systems is scheduled to release their next quarterly earnings announcement on Tuesday, October, 24th 2017. View Earnings Estimates for CommVault Systems.

Where is CommVault Systems' stock going? Where will CommVault Systems' stock price be in 2017?

9 equities research analysts have issued 12-month target prices for CommVault Systems' shares. Their forecasts range from $61.00 to $75.00. On average, they anticipate CommVault Systems' stock price to reach $70.67 in the next year. View Analyst Ratings for CommVault Systems.

What are analysts saying about CommVault Systems stock?

Here are some recent quotes from research analysts about CommVault Systems stock:

  • 1. Mizuho analysts commented, "We expect software revenues of $72-74mm (+14-17% Y/Y) vs. consensus of $72mm while total revenues could come in around $160-164mm (up 5-8% Y/Y or down 2-4% Q/Q) vs. consensus of $160mm. For profitability, we think consensus margin/ EPS expectations of around 9%/$0.19 are reasonable. Billings estimates of $160mm (implying no sequential DR growth) could be conservative; that said, CFFO expectations of $34mm could be slightly on the higher end, though, still achievable. Click here for our detailed preview and model. Checks suggest ongoing large deal momentum. Our conversations indicate that the competitive environment remains tilted in CVLT’s favor, with some displacements of Veritas during the quarter. On discounting, Dell-EMC remains aggressive; however, CVLT continues to exercise price discipline, in our view, with incremental discounting to compete for the largest deals." (7/24/2017)
  • 2. According to Zacks Investment Research, "CommVault provides Unified Data Management solutions for high-performance data protection, universal availability and simplified management of data on complex storage networks. The CommVault QiNetix platform, based on CommVault's Common Technology Engine, integrates Galaxy backup and recovery, snapshot management and recovery, remote replication, active data migration and archiving, e-mail compliance, enterprise service level management and reporting and storage resource management software solutions. The QiNetix unified approach is designed to allow customers to add integrate QiNetix components, at a fraction of the time, effort and money required by separate point products. " (7/19/2017)
  • 3. Stifel Nicolaus analysts commented, "Although Commvault's F2018 EBIT margin (%) outlook results in downward / tempered earnings est., and we think the implied slower billings growth will be a focus (guide implies +4% y/y in F4Q17), we continue to believe the following as positive: 1.) Continued positive funnel / pipeline commentary; we believe Commvault's views F4Q17 license rev. est. are reasonable factors in conservative funnel closure rates on expanding large deal opportunities, 2.) Commvault's competitive positioning and asset scarcity value (hybrid/scalable unified data mgmt; indexing capabilities) - +600 new customers = strongest seq. add since Dec '12 qtr; company to intro significant new product enhancements in early-February, 3.) cloud momentum: PBs managed in public cloud +250% y/y; Microsoft Azure, AWS, and forthcoming Oracle relationship remain positives; 4.) expanding adjacent opportunity expansion + distribution partnerships (Microsoft, Amazon, Oracle, Cisco, global SIs etc.). While we reduce our F2018 estimates from $702.5M/$1.40 (previously 15.5% EBIT%) to $697.7M/$1.14 (now 12.7% EBIT%), our F2019 estimates are relatively unchanged at $780.3M/$1.50. We continue to believe Commvault can return to 15%+ top-line growth w/ a +20% EBIT% (now modeled exiting F2019)." (1/25/2017)

Who are some of CommVault Systems' key competitors?

Who are CommVault Systems' key executives?

CommVault Systems' management team includes the folowing people:

  • Neil Robert Hammer, Chairman of the Board, President, Chief Executive Officer
  • Brian Carolan, Chief Financial Officer, Vice President - Finance
  • Alan G. Bunte, Chief Operating Officer, Executive Vice President, Director
  • Ronald L. Miiller, Senior Vice President - Worldwide Sales
  • Daniel Pulver, Lead Independent Director
  • Joseph F. Eazor, Independent Director
  • Frank J. Fanzilli Jr., Independent Director
  • Armando A. Geday, Independent Director
  • Keith B. Geeslin, Independent Director

Who owns CommVault Systems stock?

CommVault Systems' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Mutual of America Capital Management LLC (0.38%), Barometer Capital Management Inc. (0.14%), State Treasurer State of Michigan (0.03%) and Crow Point Partners LLC (0.01%). Company insiders that own CommVault Systems stock include Al Bunte, Armando Geday, Brian Carolan, David F Walker, Gary B Smith, Gary Merrill and Ronald L Miiller. View Institutional Ownership Trends for CommVault Systems.

Who sold CommVault Systems stock? Who is selling CommVault Systems stock?

CommVault Systems' stock was sold by a variety of institutional investors in the last quarter, including State Treasurer State of Michigan. Company insiders that have sold CommVault Systems stock in the last year include Al Bunte, Armando Geday, Brian Carolan, Gary B Smith, Gary Merrill and Ronald L Miiller. View Insider Buying and Selling for CommVault Systems.

Who bought CommVault Systems stock? Who is buying CommVault Systems stock?

CommVault Systems' stock was purchased by a variety of institutional investors in the last quarter, including Barometer Capital Management Inc., Mutual of America Capital Management LLC and Crow Point Partners LLC. View Insider Buying and Selling for CommVault Systems.

How do I buy CommVault Systems stock?

Shares of CommVault Systems can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is CommVault Systems' stock price today?

One share of CommVault Systems stock can currently be purchased for approximately $58.55.


MarketBeat Community Rating for CommVault Systems (NASDAQ CVLT)
Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  276 (Vote Outperform)
Underperform Votes:  270 (Vote Underperform)
Total Votes:  546
MarketBeat's community ratings are surveys of what our community members think about CommVault Systems and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for CommVault Systems (NASDAQ:CVLT) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Hold Rating, 8 Buy Ratings
Consensus Rating:Buy (Score: 2.89)
Consensus Price Target: $70.67 (20.69% upside)
Consensus Price Target History for CommVault Systems (NASDAQ:CVLT)
Price Target History for CommVault Systems (NASDAQ:CVLT)
Analysts' Ratings History for CommVault Systems (NASDAQ:CVLT)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
10/9/2017Royal Bank Of CanadaReiterated RatingHoldN/AView Rating Details
9/1/2017KeyCorpReiterated RatingBuy$70.00LowView Rating Details
9/1/2017Piper Jaffray CompaniesReiterated RatingBuy$74.00LowView Rating Details
7/25/2017Mitsubishi UFJ Financial GroupSet Price TargetBuy$70.00MediumView Rating Details
7/26/2017Stifel NicolausReiterated RatingBuy$68.00 -> $75.00LowView Rating Details
7/26/2017Lake Street CapitalBoost Price TargetBuy -> Buy$63.00 -> $69.00HighView Rating Details
7/25/2017Jefferies Group LLCBoost Price TargetBuy$67.00 -> $75.00HighView Rating Details
7/24/2017MizuhoReiterated RatingBuy -> Buy$70.00 -> $75.00HighView Rating Details
1/24/2017BTIG ResearchReiterated RatingBuy$61.00N/AView Rating Details
8/31/2016JMP SecuritiesReiterated RatingBuyN/AView Rating Details
7/27/2016Pacific CrestBoost Price TargetOverweight$49.00 -> $53.00N/AView Rating Details
7/5/2016Summit RedstoneReiterated RatingBuy$55.00N/AView Rating Details
5/5/2016Credit Suisse GroupReiterated RatingHold$40.00N/AView Rating Details
1/27/2016William BlairReiterated RatingOutperformN/AView Rating Details
1/15/2016Sterne Agee CRTDowngradeBuy -> Neutral$40.00N/AView Rating Details
1/13/2016Mitsubishi UFJ Financial Group IncInitiated CoverageOverweightN/AView Rating Details
10/28/2015MacquarieBoost Price TargetNeutral$40.00 -> $42.00N/AView Rating Details
(Data available from 10/22/2015 forward)

Earnings

Earnings History for CommVault Systems (NASDAQ:CVLT)
Earnings by Quarter for CommVault Systems (NASDAQ:CVLT)
Earnings History by Quarter for CommVault Systems (NASDAQ CVLT)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/23/2017$0.26N/AView Earnings Details
7/25/2017Q1 2018$0.19$0.21$159.92 million$165.97 millionViewN/AView Earnings Details
5/3/2017Q4 2017$0.02$0.29$166.32 million$172.90 millionViewListenView Earnings Details
1/25/2017Q317$0.26$0.28$163.53 million$165.80 millionViewN/AView Earnings Details
10/25/2016Q217($0.03)$0.25$152.90 million$159.30 millionViewListenView Earnings Details
7/26/2016Q117$0.17$0.21$149.15 million$152.40 millionViewListenView Earnings Details
5/3/2016Q416$0.25$0.36$157.09 million$159.60 millionViewListenView Earnings Details
1/27/2016Q316$0.20$0.28$148.33 million$155.70 millionViewListenView Earnings Details
10/27/2015Q216$0.13$0.15$139.62 million$140.70 millionViewListenView Earnings Details
7/28/2015Q116$0.02($0.03)$147.91 million$139.10 millionViewListenView Earnings Details
5/5/2015Q415$0.11$0.08$155.95 million$150.70 millionViewListenView Earnings Details
1/28/2015Q315$0.14$0.13$153.19 million$153.00 millionViewListenView Earnings Details
10/28/2014Q215$0.45$0.35$157.74 million$151.10 millionViewListenView Earnings Details
7/29/2014Q115$0.20$0.27$151.00 million$152.60 millionViewListenView Earnings Details
4/25/2014Q414$0.47$0.52$160.05 million$156.80 millionViewListenView Earnings Details
1/29/2014Q314$0.44$0.54$148.95 million$153.30 millionViewListenView Earnings Details
10/29/2013Q214$0.40$0.48$140.11 million$141.90 millionViewListenView Earnings Details
7/30/2013Q1 2014$0.35$0.40$132.24 million$134.40 millionViewListenView Earnings Details
5/7/2013Q4 2013$0.34$0.41$133.41 million$138.30 millionViewListenView Earnings Details
1/30/2013Q3 2013$0.32$0.39$122.67 million$128.10 millionViewListenView Earnings Details
10/29/2012Q213$0.28$0.38$115.68 million$118.20 millionViewN/AView Earnings Details
7/31/2012$0.23$0.30ViewN/AView Earnings Details
5/8/2012$0.26$0.29ViewN/AView Earnings Details
2/1/2012$0.25$0.27ViewN/AView Earnings Details
11/1/2011$0.21$0.24ViewN/AView Earnings Details
8/2/2011$0.17$0.21ViewN/AView Earnings Details
5/10/2011$0.23$0.25ViewN/AView Earnings Details
2/1/2011$0.21$0.22ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for CommVault Systems (NASDAQ:CVLT)
2017 EPS Consensus Estimate: $0.01
2018 EPS Consensus Estimate: $0.26
2019 EPS Consensus Estimate: $0.43
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20172($0.04)($0.03)($0.04)
Q2 20172($0.02)($0.02)($0.02)
Q3 20173$0.01$0.03$0.02
Q4 20173$0.03$0.05$0.04
Q1 20181$0.03$0.03$0.03
Q2 20182($0.02)$0.04$0.01
Q3 20182$0.09$0.09$0.09
Q4 20182$0.10$0.16$0.13
Q1 20191$0.08$0.08$0.08
Q2 20191$0.10$0.10$0.10
Q3 20191$0.15$0.15$0.15
Q4 20191$0.10$0.10$0.10
(Data provided by Zacks Investment Research)

Dividends

Dividend History for CommVault Systems (NASDAQ:CVLT)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading and Institutional Ownership History for CommVault Systems (NASDAQ:CVLT)
Insider Ownership Percentage: 13.40%
Institutional Ownership Percentage: 88.46%
Insider Trades by Quarter for CommVault Systems (NASDAQ:CVLT)
Institutional Ownership by Quarter for CommVault Systems (NASDAQ:CVLT)
Insider Trades by Quarter for CommVault Systems (NASDAQ:CVLT)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
10/9/2017Gary MerrillInsiderSell7,260$62.28$452,152.80View SEC Filing  
10/2/2017Brian CarolanVPSell4,000$61.90$247,600.00View SEC Filing  
8/15/2017Gary MerrillInsiderSell3,072$59.01$181,278.72View SEC Filing  
8/14/2017Brian CarolanVPSell9,174$59.80$548,605.20View SEC Filing  
8/4/2017Al BunteInsiderSell30,001$60.01$1,800,360.01View SEC Filing  
7/25/2017Brian CarolanVPSell8,000$62.95$503,600.00View SEC Filing  
7/17/2017Brian CarolanVPSell4,000$59.90$239,600.00View SEC Filing  
6/23/2017Gary MerrillInsiderSell15,000$57.51$862,650.00View SEC Filing  
5/23/2017Gary MerrillInsiderSell5,246$55.06$288,844.76View SEC Filing  
5/22/2017Armando GedayDirectorSell7,500$55.56$416,700.00View SEC Filing  
5/10/2017Ronald L MiillerSVPSell90,500$57.50$5,203,750.00View SEC Filing  
5/9/2017Brian CarolanVPSell15,877$57.69$915,944.13View SEC Filing  
5/3/2017Al BunteInsiderSell34,607$55.60$1,924,149.20View SEC Filing  
5/3/2017Brian CarolanVPSell5,000$56.35$281,750.00View SEC Filing  
2/15/2017Brian CarolanVPSell444$50.63$22,479.72View SEC Filing  
2/15/2017Gary MerrillInsiderSell1,467$50.72$74,406.24View SEC Filing  
2/7/2017Brian CarolanVPSell9,508$50.70$482,055.60View SEC Filing  
2/3/2017Al BunteInsiderSell50,000$50.00$2,500,000.00View SEC Filing  
1/30/2017Gary B SmithDirectorSell7,500$49.81$373,575.00View SEC Filing  
11/25/2016Gary MerrillInsiderSell3,525$55.40$195,285.00View SEC Filing  
11/21/2016Brian CarolanVPSell7,000$56.40$394,800.00View SEC Filing  
11/8/2016Ronald L MiillerSVPSell21,152$52.92$1,119,363.84View SEC Filing  
8/15/2016Gary MerrillInsiderSell255$51.15$13,043.25View SEC Filing  
8/8/2016Ronald L MiillerSVPSell31,727$50.44$1,600,309.88View SEC Filing  
5/23/2016Armando GedayDirectorSell2,200$44.41$97,702.00View SEC Filing  
5/23/2016Gary MerrillCAOSell1,037$44.23$45,866.51View SEC Filing  
5/11/2016Brian CarolanCFOSell4,000$43.80$175,200.00View SEC Filing  
5/3/2016Brian CarolanCFOSell4,000$45.90$183,600.00View SEC Filing  
4/18/2016Brian CarolanCFOSell4,000$43.90$175,600.00View SEC Filing  
2/17/2016Brian CarolanCFOSell622$36.35$22,609.70View SEC Filing  
2/1/2016David F WalkerDirectorSell5,200$38.50$200,200.00View SEC Filing  
12/2/2015Brian CarolanCFOSell4,000$41.90$167,600.00View SEC Filing  
11/17/2015Armando GedayDirectorSell3,500$39.70$138,950.00View SEC Filing  
8/18/2015N Robert HammerCEOSell140,434$37.44$5,257,848.96View SEC Filing  
8/17/2015Al BunteCOOSell76,000$37.89$2,879,640.00View SEC Filing  
5/21/2015N Robert HammerCEOSell100,000$46.03$4,603,000.00View SEC Filing  
2/2/2015Dan PulverDirectorSell10,000$42.37$423,700.00View SEC Filing  
8/7/2014Gary MerrillCAOSell290$51.64$14,975.60View SEC Filing  
5/14/2014Robert KurimskyDirectorBuy4,000$49.98$199,920.00View SEC Filing  
5/2/2014Frank FanzilliDirectorBuy3,000$49.79$149,370.00View SEC Filing  
4/29/2014N Robert HammerCEOSell131,494$45.98$6,046,094.12View SEC Filing  
3/21/2014David WestSVPSell18,878$70.00$1,321,460.00View SEC Filing  
3/21/2014N Robert HammerCEOSell6,686$70.00$468,020.00View SEC Filing  
2/18/2014N Robert HammerCEOSell113,481$69.02$7,832,458.62View SEC Filing  
9/20/2013Louis MiceliVPSell7,091$87.95$623,653.45View SEC Filing  
8/20/2013Frank FanzilliDirectorSell4,000$83.22$332,880.00View SEC Filing  
8/5/2013Al BunteCOOSell30,000$87.22$2,616,600.00View SEC Filing  
8/2/2013Ronald MiillerSVPSell72,501$86.18$6,248,136.18View SEC Filing  
7/30/2013Gary MerrillCAOSell1,219$85.00$103,615.00View SEC Filing  
5/22/2013Al BunteCOOSell12,492$73.78$921,659.76View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

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CommVault Systems (CVLT) Chart for Sunday, October, 22, 2017

This page was last updated on 10/22/2017 by MarketBeat.com Staff

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