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

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

CommVault Systems, Inc. (NASDAQ:CVLT) announced its earnings results on Wednesday, January, 29th. The software maker reported $0.47 EPS for the quarter, topping the consensus estimate of $0.40 by $0.07. The software maker earned $176.35 million during the quarter, compared to the consensus estimate of $172.72 million. CommVault Systems had a negative net margin of 2.44% and a positive return on equity of 5.68%. CommVault Systems's revenue was down 4.3% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.54 EPS. View CommVault Systems' Earnings History.

CommVault Systems is scheduled to release their next quarterly earnings announcement on Tuesday, May 5th 2020. View Earnings Estimates for CommVault Systems.

4 analysts have issued twelve-month price objectives for CommVault Systems' shares. Their forecasts range from $55.00 to $67.00. On average, they expect CommVault Systems' stock price to reach $60.25 in the next year. This suggests a possible upside of 23.0% from the stock's current price. View Analyst Price Targets for CommVault Systems.

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

News headlines about CVLT stock have trended somewhat positive recently, InfoTrie Sentiment Analysis reports. The research group identifies positive and negative press coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. CommVault Systems earned a media sentiment score of 0.7 on InfoTrie's scale. They also gave news stories 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 next few days. View News Stories for CommVault Systems.

CommVault Systems saw a increase in short interest in January. As of January 31st, there was short interest totalling 2,920,000 shares, an increase of 26.4% from the January 15th total of 2,310,000 shares. Based on an average daily trading volume, of 441,600 shares, the short-interest ratio is currently 6.6 days. Approximately 7.0% of the shares of the company are sold short. View CommVault Systems' Current Options Chain.

Some companies that are related to CommVault Systems include Microsoft (MSFT), Oracle (ORCL), VMware (VMW), ServiceNow (NOW), Fortinet (FTNT), Symantec (SYMC), Proofpoint (PFPT), Qualys (QLYS), Progress Software (PRGS), TiVo (TIVO) and FalconStor Software (FALC).

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), Transocean (RIG) and Express (EXPR).

CommVault Systems' stock is owned by a variety of of institutional and retail investors. Top institutional investors include Alliancebernstein L.P. (5.40%), Renaissance Technologies LLC (5.37%), State Street Corp (2.83%), AQR Capital Management LLC (1.92%), Goldman Sachs Group Inc. (1.83%) and Geode Capital Management LLC (1.44%). Company insiders that own CommVault Systems stock include Al Bunte, Brian Carolan, Gary B Smith, Gary Merrill, James J Whalen, 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 Bank of New York Mellon Corp, Public Employees Retirement Association of Colorado, FMR LLC, Goldman Sachs Group Inc., MERIAN GLOBAL INVESTORS UK Ltd, MERIAN GLOBAL INVESTORS UK Ltd, Charles Schwab Investment Management Inc. and AQR Capital Management LLC. Company insiders that have sold CommVault Systems company stock in the last year include Al Bunte, Brian Carolan and James J Whalen. View Insider Buying and Selling for CommVault Systems.

CVLT stock was bought by a variety of institutional investors in the last quarter, including Prudential Financial Inc., Alliancebernstein L.P., Renaissance Technologies LLC, SG Capital Management LLC, Man Group plc, Acadian Asset Management LLC, Jacobs Levy Equity Management Inc. and Madison Asset Management LLC. 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, Robinhood, Fidelity and Charles Schwab.

One share of CVLT stock can currently be purchased for approximately $48.98.

CommVault Systems has a market capitalization of $2.28 billion and generates $710.96 million in revenue each year. The software maker earns $3.56 million in net income (profit) each year or $0.60 on an earnings per share basis. CommVault Systems employs 2,559 workers across the globe.View Additional Information About CommVault Systems.

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]