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 authorized a stock buyback plan on Thursday, January 25th 2018, which permits the company to repurchase $100,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to buy shares of its stock through open market purchases. Shares repurchase plans are typically an indication that the company's management believes its stock is undervalued.

CommVault Systems, Inc. (NASDAQ:CVLT) posted its quarterly earnings results on Tuesday, July, 24th. The software maker reported $0.36 EPS for the quarter, beating analysts' consensus estimates of $0.27 by $0.09. The software maker had revenue of $176.18 million for the quarter, compared to analysts' expectations of $177.92 million. CommVault Systems had a positive return on equity of 0.72% and a negative net margin of 9.89%. CommVault Systems's revenue was up 6.1% on a year-over-year basis. During the same period in the prior year, the business posted $0.21 earnings per share. View CommVault Systems' Earnings History.

CommVault Systems is scheduled to release their next quarterly earnings announcement on Tuesday, October, 23rd 2018. View Earnings Estimates for CommVault Systems.

10 brokerages have issued 1-year price objectives for CommVault Systems' stock. Their predictions range from $67.00 to $85.00. On average, they expect CommVault Systems' share price to reach $75.75 in the next year. This suggests a possible upside of 16.5% from the stock's current price. View Analyst Price Targets for CommVault Systems.

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CommVault Systems in the last year. There are currently 3 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for CommVault Systems.

Some companies that are related to CommVault Systems include Dropbox (DBX), UBISOFT Entmt S/ADR (UBSFY), Veeva Systems (VEEV), Symantec (SYMC), PTC (PTC), Temenos (TMNSF), Nutanix (NTNX), Docusign (DOCU), Tyler Technologies (TYL), The Ultimate Software Group (ULTI), Tableau Software Inc Class A (DATA), Trend Micro (TMICY), Momo (MOMO), Paycom Software (PAYC) and Black Knight (BKI).

Media headlines about CVLT stock have trended somewhat positive on Sunday, Accern Sentiment Analysis reports. Accern identifies negative and positive news coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. CommVault Systems earned a news impact score of 0.12 on Accern's scale. They also gave news coverage about the software maker an impact score of 48.05 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company's share price in the next few days. View Recent Headlines for CommVault Systems.

CommVault Systems' stock is owned by many different of institutional and retail investors. Top institutional investors include BlackRock Inc. (10.26%), FMR LLC (3.91%), Renaissance Technologies LLC (3.50%), Bank of New York Mellon Corp (2.87%), Nomura Holdings Inc. (1.92%) and Wells Fargo & Company MN (1.22%). 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 and Ronald L Miiller. View Institutional Ownership Trends for CommVault Systems.

CVLT stock was sold by a variety of institutional investors in the last quarter, including Bank of New York Mellon Corp, Victory Capital Management Inc., Nomura Holdings Inc., Ardevora Asset Management LLP, Federated Investors Inc. PA, Russell Investments Group Ltd., Fort Washington Investment Advisors Inc. OH and Cambiar Investors LLC. 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 and Ronald L Miiller. View Insider Buying and Selling for CommVault Systems.

CVLT stock was purchased by a variety of institutional investors in the last quarter, including Copper Rock Capital Partners LLC, BlackRock Inc., Renaissance Technologies LLC, Chartwell Investment Partners LLC, MUFG Securities EMEA plc, Millennium Management LLC, FMR LLC and BNP Paribas Arbitrage SA. 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 $65.00.

CommVault Systems has a market capitalization of $3.08 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.

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]