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

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$71.25 +1.40 (+2.00 %)
(As of 06/18/2018 04:00 PM ET)
Previous Close$71.25
Today's Range$68.20 - $71.40
52-Week Range$48.35 - $72.65
Volume310,614 shs
Average Volume575,214 shs
Market Capitalization$3.18 billion
P/E Ratio-120.76
Dividend YieldN/A
Beta1.15

About CommVault Systems (NASDAQ:CVLT)

CommVault Systems logoCommvault Systems, Inc. provides data and information management software applications and related services in the United States and internationally. The company's software suite contains solutions that are built on a single unified code base and platform to protect, manage, and access data and information. It offers data protection, backup, and recovery software solutions that allow for the backup of databases, files, applications, endpoints, and virtual machines with according to data type and recovery profile; and help to optimize storage with deduplication, recover data, and leverage reports to improve backup and recovery processes. The company also provides cloud and infrastructure management software solutions that provide a way 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, it offers customer support, consulting, assessment and design, installation, and training services, as well as implementation and post-deployment, and education services. The company sells its software and services directly to large enterprises, small and medium sized businesses, and government agencies, as well as indirectly through a network of value-added reseller partners, systems integrators, corporate resellers, and original equipment manufacturers. It licenses its software applications to customers in industries, such as banking, insurance and financial, government, healthcare, pharmaceuticals and medical, technology, legal, manufacturing, utilities, and energy. The company has strategic relationships and partnerships with Atos, Cisco, Citrix, Fujitsu, HP, Microsoft, Oracle, SAP, VMware, and INFINIDAT. Commvault Systems, Inc. was incorporated in 1996 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-120.76
Forward P/E Ratio209.56
P/E Growth15.07

Sales & Book Value

Annual Sales$699.39 million
Price / Sales4.63
Cash Flow$0.0667 per share
Price / Cash1,068.12
Book Value$8.99 per share
Price / Book7.93

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

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 of Directors has authorized a stock buyback program on Thursday, January 25th 2018, which authorizes the company to repurchase $100,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase shares of its stock through open market purchases. Shares repurchase programs are usually a sign 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, May, 1st. The software maker reported $0.31 EPS for the quarter, missing the Zacks' consensus estimate of $0.33 by $0.02. The software maker had revenue of $184.90 million for the quarter, compared to analysts' expectations of $187.01 million. CommVault Systems had a negative net margin of 8.85% and a negative return on equity of 0.12%. CommVault Systems's revenue was up 10.9% compared to the same quarter last year. During the same period in the prior year, the company posted $0.29 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 Monday, July, 23rd 2018. View Earnings Estimates for CommVault Systems.

What price target have analysts set for CVLT?

11 analysts have issued 1 year price objectives for CommVault Systems' shares. Their predictions range from $67.00 to $85.00. On average, they anticipate CommVault Systems' stock price to reach $75.10 in the next twelve months. 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 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 trading volume of 336,759 shares, the short-interest ratio is presently 4.2 days. Currently, 3.4% of the shares of the company are short sold.

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 and VP of Fin. (Age 43)

Has CommVault Systems been receiving favorable news coverage?

Media headlines about CVLT stock have been trending somewhat positive recently, Accern Sentiment reports. Accern rates the sentiment of media coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. CommVault Systems earned a media sentiment score of 0.13 on Accern's scale. They also assigned press coverage about the software maker an impact score of 46.85 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company's share price in the next few days.

Who are CommVault Systems' major shareholders?

CommVault Systems' stock is owned by a number of of retail and institutional investors. Top institutional investors 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 bought 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 $71.25.

How big of a company is CommVault Systems?

CommVault Systems has a market capitalization of $3.18 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:  341 (Vote Outperform)
Underperform Votes:  367 (Vote Underperform)
Total Votes:  708
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 6/18/2018 by MarketBeat.com Staff

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