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

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$57.30 +1.03 (+1.83 %)
(As of 12/11/2018 12:54 PM ET)
Previous Close$56.27
Today's Range$57.26 - $57.89
52-Week Range$48.35 - $72.65
Volume8,333 shs
Average Volume238,878 shs
Market Capitalization$2.60 billion
P/E Ratio-97.53
Dividend YieldN/A
Beta1.43
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. It also provides cloud and infrastructure management software solutions to manage storage hardware and virtual infrastructure; and retention and compliance software solutions that provide content based retention, enterprise search and e-discovery, email archiving, data loss prevention, and secure file sharing services. In addition, the company offers Commvault HyperScale, a cloud-ready on premises data management solution; and Commvault HyperScale software and appliances. Further, it provides customer support, consulting, assessment and design, installation, training, implementation and post-deployment, and education services. The company sells its software and services directly through its sales force to large enterprises, small and medium sized businesses, and government agencies, as well as indirectly through its network of value-added reseller partners, systems integrators, corporate resellers, and original equipment manufacturers. It licenses its software applications to customers in the banking, insurance and financial services, government, healthcare, pharmaceuticals and medical services, technology, legal, manufacturing, utility, and energy industries. The company has strategic relationships with Atos, Cisco, Citrix, Fujitsu, Hewlett Packard Enterprise, Infinidat, Microsoft, Oracle, SAP, and VMware. Commvault Systems, Inc. was founded in 1988 and is headquartered in Tinton Falls, New Jersey.

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Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry Prepackaged software
Sub-IndustrySystems Software
SectorComputer and Technology
Current SymbolNASDAQ:CVLT
Previous Symbol
CUSIP20416610
Webwww.commvault.com
Phone732-870-4000

Debt

Debt-to-Equity RatioN/A
Current Ratio2.18
Quick Ratio2.18

Price-To-Earnings

Trailing P/E Ratio-97.53
Forward P/E Ratio100.53
P/E Growth6.27

Sales & Book Value

Annual Sales$699.39 million
Price / Sales3.79
Cash Flow$0.0666 per share
Price / Cash Flow860.00
Book Value$8.99 per share
Price / Book6.37

Profitability

EPS (Most Recent Fiscal Year)($0.59)
Net Income$-61,900,000.00
Net Margins-9.61%
Return on Equity2.96%
Return on Assets1.49%

Miscellaneous

Employees2,839
Outstanding Shares46,290,000
Market Cap$2.60 billion
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 will CommVault Systems' stock buyback program work?

CommVault Systems declared that its board has authorized a stock buyback plan on Thursday, January 25th 2018, which authorizes the company to buyback $100,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to repurchase shares of its stock through open market purchases. Stock buyback plans are usually an indication that the company's board of directors believes its shares are undervalued.

How were CommVault Systems' earnings last quarter?

CommVault Systems, Inc. (NASDAQ:CVLT) announced its earnings results on Tuesday, October, 30th. The software maker reported $0.40 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.37 by $0.03. The software maker earned $169.08 million during the quarter, compared to the consensus estimate of $179.08 million. CommVault Systems had a positive return on equity of 2.96% and a negative net margin of 9.61%. CommVault Systems's revenue for the quarter was up .6% on a year-over-year basis. During the same quarter last year, the business earned $0.21 EPS. View CommVault Systems' Earnings History.

When is CommVault Systems' next earnings date?

CommVault Systems is scheduled to release their next quarterly earnings announcement on Wednesday, January 23rd 2019. View Earnings Estimates for CommVault Systems.

What price target have analysts set for CVLT?

8 brokerages have issued 12-month price targets for CommVault Systems' shares. Their predictions range from $70.00 to $85.00. On average, they expect CommVault Systems' stock price to reach $77.50 in the next twelve months. This suggests a possible upside of 35.0% from the stock's current price. View Analyst Price Targets for CommVault Systems.

What is the consensus analysts' recommendation for CommVault Systems?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CommVault Systems in the last year. There are currently 2 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for CommVault Systems.

What are Wall Street analysts saying about CommVault Systems stock?

Here are some recent quotes from research analysts about CommVault Systems stock:
  • 1. 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. " (10/31/2018)
  • 2. Mizuho analysts commented, "We expect heightened focus on execution from Commvault this quarter. Expect a largely in-line F4Q18. Rising subscription mix could create noise in results, though guidance likely captures it. License and total revenue could print ~$85-86mm (up 9-10% Y/Y) and $185-188mm (up 11-13% Y/Y) vs. consensus of $86mm and $187mm. Margin estimates of 13.2% seem reasonable. For billings, we expect results ~$200-205mm (up 7-9% Y/Y) as any subscription- based dampening effect shows up in better DR build; consensus is $199mm. For guidance, we expect reiteration of prior FY19 targets." (4/30/2018)

Has CommVault Systems been receiving favorable news coverage?

Headlines about CVLT stock have trended somewhat positive on Tuesday, according to InfoTrie Sentiment Analysis. InfoTrie ranks the sentiment of press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. CommVault Systems earned a daily sentiment score of 1.5 on InfoTrie's scale. They also gave news headlines about the software maker a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the company's share price in the near term.

Who are some of CommVault Systems' key competitors?

Who are CommVault Systems' key executives?

CommVault Systems' management team includes the folowing people:
  • Mr. Neil Robert Hammer, Chairman, Pres & CEO (Age 76)
  • Mr. Brian Carolan, VP & CFO (Age 47)
  • Mr. Alan G. Bunte, Exec. VP, COO & Director (Age 64)
  • Mr. Ronald Miiller, Sr. VP of Worldwide Sales (Age 51)
  • Mr. Gary Merrill, Chief Accounting Officer & VP of Fin. (Age 43)

Who are CommVault Systems' major shareholders?

CommVault Systems' stock is owned by many different of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (9.68%), Vanguard Group Inc. (8.17%), FMR LLC (4.97%), Renaissance Technologies LLC (3.50%), Mackenzie Financial Corp (2.58%) and Credit Suisse AG (2.03%). 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.

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, BlackRock Inc., Wells Fargo & Company MN, Deutsche Bank AG, TIAA CREF Investment Management LLC, Morgan Stanley, Victory Capital Management Inc. and Mackenzie Financial Corp. Company insiders that have sold CommVault Systems company stock in the last year 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 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 FMR LLC, MERIAN GLOBAL INVESTORS UK Ltd, Prudential Financial Inc., AQR Capital Management LLC, JPMorgan Chase & Co., JPMorgan Chase & Co., Dimensional Fund Advisors LP and Acadian 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, Scottrade, Fidelity and Charles Schwab.

What is CommVault Systems' stock price today?

One share of CVLT stock can currently be purchased for approximately $57.39.

How big of a company is CommVault Systems?

CommVault Systems has a market capitalization of $2.60 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.

What is CommVault Systems' official website?

The official website for CommVault Systems is http://www.commvault.com.

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)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  392 (Vote Outperform)
Underperform Votes:  421 (Vote Underperform)
Total Votes:  813
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.
This page was last updated on 12/11/2018 by MarketBeat.com Staff

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