NASDAQ:CVLT - CommVault Systems Stock Price, Price Target & More

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$69.15 -1.50 (-2.12 %)
(As of 06/25/2018 02:16 AM ET)
Previous Close$69.15
Today's Range$68.85 - $71.10
52-Week Range$48.35 - $72.65
Volume499,852 shs
Average Volume390,130 shs
Market Capitalization$3.21 billion
P/E Ratio-117.20
Dividend YieldN/A
Beta1.15
CommVault Systems logoCommvault 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

Industry Prepackaged software
Sub-IndustrySystems Software
SectorComputer and Technology
SymbolNASDAQ:CVLT
CUSIP20416610
Phone732-870-4000

Debt

Debt-to-Equity RatioN/A
Current Ratio2.00
Quick Ratio2.00

Price-To-Earnings

Trailing P/E Ratio-117.20
Forward P/E Ratio203.38
P/E Growth15.24

Sales & Book Value

Annual Sales$699.39 million
Price / Sales4.50
Cash Flow$0.0640 per share
Price / Cash1,080.36
Book Value$8.99 per share
Price / Book7.69

Profitability

EPS (Most Recent Fiscal Year)($0.59)
Net Income$-61,900,000.00
Net Margins-8.85%
Return on Equity-0.12%
Return on Assets-0.06%

Miscellaneous

Employees2,839
Outstanding Shares45,480,000

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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 initiated a stock buyback program on Thursday, January 25th 2018, which allows the company to repurchase $100,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to buy shares of its stock through open market purchases. Stock repurchase programs are usually a sign that the company's board believes its stock is undervalued.

How were CommVault Systems' earnings last quarter?

CommVault Systems, Inc. (NASDAQ:CVLT) posted its quarterly earnings results on Tuesday, May, 1st. The software maker reported $0.31 EPS for the quarter, missing the consensus estimate of $0.33 by $0.02. The software maker earned $184.90 million during the quarter, compared to analysts' expectations of $187.01 million. CommVault Systems had a negative return on equity of 0.12% and a negative net margin of 8.85%. The firm's quarterly revenue was up 10.9% compared to the same quarter last year. During the same period in the prior year, the business posted $0.29 earnings per share. View CommVault Systems' Earnings History.

When is CommVault Systems' next earnings date?

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

What price target have analysts set for CVLT?

11 brokers have issued 1-year price targets for CommVault Systems' stock. Their predictions range from $67.00 to $85.00. On average, they expect CommVault Systems' stock price to reach $75.10 in the next year. 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. 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)
  • 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. " (3/9/2018)

Are investors shorting CommVault Systems?

CommVault Systems saw a increase in short interest in the month of May. As of May 31st, there was short interest totalling 1,404,576 shares, an increase of 35.2% from the May 15th total of 1,039,218 shares. Based on an average daily volume of 336,759 shares, the short-interest ratio is presently 4.2 days. Currently, 3.4% of the shares of the stock are short sold. View CommVault Systems' Current Options Chain.

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. Ron Miiller, Sr. VP of Worldwide Sales (Age 51)
  • Mr. Gary Merrill, Chief Accounting Officer & VP of Fin. (Age 43)

Has CommVault Systems been receiving favorable news coverage?

News stories about CVLT stock have trended somewhat positive on Monday, according to Accern. The research group scores the sentiment of press coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. CommVault Systems earned a coverage optimism score of 0.03 on Accern's scale. They also gave media coverage about the software maker an impact score of 44.15 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company's share price in the near future.

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. (9.75%), ELLIOTT ASSOCIATES, L.P. (10.30%), ELLIOTT ASSOCIATES, L.P. (10.30%), ELLIOTT ASSOCIATES, L.P. (5.00%), Champlain Investment Partners LLC (3.21%) and ETF Managers Group LLC (2.16%). 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.

Which institutional investors are selling CommVault Systems stock?

CVLT stock was sold by a variety of institutional investors in the last quarter, including Loomis Sayles & Co. L P, OppenheimerFunds Inc., Thrivent Financial for Lutherans, JPMorgan Chase & Co., Westfield Capital Management Co. LP, Champlain Investment Partners LLC, Broadview Advisors LLC and Engineers Gate Manager LP. 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 and Robert F Kurimsky. View Insider Buying and Selling for CommVault Systems.

Which institutional investors are buying CommVault Systems stock?

CVLT stock was purchased by a variety of institutional investors in the last quarter, including ETF Managers Group LLC, Mesirow Financial Investment Management Equity Management, Point72 Asset Management L.P., Toronto Dominion Bank, Caisse DE Depot ET Placement DU Quebec, Natixis, Wells Fargo & Company MN and Prudential Financial Inc.. 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 $69.15.

How big of a company is CommVault Systems?

CommVault Systems has a market capitalization of $3.21 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.

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 (CVLT)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  343 (Vote Outperform)
Underperform Votes:  369 (Vote Underperform)
Total Votes:  712
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 6/25/2018 by MarketBeat.com Staff

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