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

$48.47
+0.47 (+0.98 %)
(As of 06/18/2019 04:00 PM ET)
Today's Range
$48.38
Now: $48.47
$49.17
50-Day Range
$45.82
MA: $49.27
$61.52
52-Week Range
$45.53
Now: $48.47
$71.25
Volume337,600 shs
Average Volume514,442 shs
Market Capitalization$2.21 billion
P/E Ratio80.77
Dividend YieldN/A
Beta1.16
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. Read More…

Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$710.96 million
Cash Flow$1.2915 per share
Book Value$8.53 per share

Profitability

Net Income$3.56 million

Miscellaneous

Employees2,559
Market Cap$2.21 billion
Next Earnings Date7/23/2019 (Estimated)
OptionableOptionable

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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 announced that its board has approved a stock buyback plan on Thursday, January 25th 2018, which allows the company to buyback $100,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to buy shares of its stock through open market purchases. Shares buyback plans are generally a sign 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, April, 30th. The software maker reported $0.51 EPS for the quarter, beating the consensus estimate of $0.29 by $0.22. The software maker had revenue of $181.40 million for the quarter, compared to the consensus estimate of $189.02 million. CommVault Systems had a return on equity of 6.30% and a net margin of 0.50%. The company's quarterly revenue was down 1.9% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.31 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 Tuesday, July 23rd 2019. View Earnings Estimates for CommVault Systems.

What price target have analysts set for CVLT?

5 equities research analysts have issued 1-year price targets for CommVault Systems' shares. Their predictions range from $60.00 to $67.00. On average, they anticipate CommVault Systems' stock price to reach $64.50 in the next year. This suggests a possible upside of 33.1% from the stock's current price. View Analyst Price Targets for CommVault Systems.

What is the consensus analysts' recommendation for CommVault Systems?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CommVault Systems in the last year. There are currently 3 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for CommVault Systems.

Has CommVault Systems been receiving favorable news coverage?

Press coverage about CVLT stock has been trending very negative on Tuesday, according to InfoTrie. The research firm scores the sentiment of press coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. CommVault Systems earned a media sentiment score of -3.5 on InfoTrie's scale. They also assigned news stories about the software maker a news buzz of 3.0 out of 10, indicating that recent press coverage is unlikely to have an impact on the stock's share price in the near term. View News Stories for CommVault Systems.

Are investors shorting CommVault Systems?

CommVault Systems saw a drop in short interest in May. As of May 15th, there was short interest totalling 1,276,300 shares, a drop of 16.2% from the April 15th total of 1,522,600 shares. Based on an average daily volume of 589,400 shares, the days-to-cover ratio is presently 2.2 days. Currently, 3.0% of the company's shares are short sold. View CommVault Systems' Current Options Chain.

Who are some of CommVault Systems' key competitors?

What other stocks do shareholders of CommVault Systems own?

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), Gran Tierra Energy (GTE) and Precision Drilling (PD).

Who are CommVault Systems' key executives?

CommVault Systems' management team includes the folowing people:
  • Mr. Brian Carolan, VP & CFO (Age 48)
  • Mr. Sanjay Mirchandani, Pres, CEO & Director (Age 55)
  • Mr. James Whalen, VP of Fin. & Chief Accounting Officer (Age 38)
  • Mr. Brian Brockway, CTO & VP
  • Mr. Michael Picariello, Director of Investor Relations

Who are CommVault Systems' major shareholders?

CommVault Systems' stock is owned by many different of institutional and retail investors. Top institutional investors include BlackRock Inc. (10.23%), FMR LLC (2.73%), ETF Managers Group LLC (1.83%), MERIAN GLOBAL INVESTORS UK Ltd (1.45%), Wells Fargo & Company MN (1.08%) and Rothschild & Co. Asset Management US Inc. (1.08%). 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 institutional investors are selling CommVault Systems stock?

CVLT stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Marshall Wace North America L.P., Copper Rock Capital Partners LLC, Victory Capital Management Inc., Fort Washington Investment Advisors Inc. OH, ETF Managers Group LLC, Wells Fargo & Company MN and Retirement Systems of Alabama. Company insiders that have sold CommVault Systems company stock in the last year include Al Bunte, Gary B Smith, Gary Merrill, N Robert Hammer, Ronald L Miiller and Vivie Lee. View Insider Buying and Selling for CommVault Systems.

Which institutional investors are buying CommVault Systems stock?

CVLT stock was bought by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., Marshall Wace LLP, MERIAN GLOBAL INVESTORS UK Ltd, Acadian Asset Management LLC, Jacobs Levy Equity Management Inc., Federated Investors Inc. PA, BlackRock Inc. and JPMorgan Chase & Co.. 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 $48.47.

How big of a company is CommVault Systems?

CommVault Systems has a market capitalization of $2.21 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.

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:  422 (Vote Outperform)
Underperform Votes:  452 (Vote Underperform)
Total Votes:  874
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 6/18/2019 by MarketBeat.com Staff

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